How To Link Aadhaar With KSC Apex Bank Account

Aadhaar Number is a 12-digit, identification number which is issued by the Unique Identification Authority of India (UIDAI), to the residents of the country after fulfilling the verification process laid down by the authority. Any individual, irrespective of age, gender, demography may obtain an Aadhaar card after performing the enrollment process free of cost.

Aadhaar Number

Aadhaar Number is a 12-digit, identification number which is issued by the Unique Identification Authority of India (UIDAI), to the residents of the country after fulfilling the verification process laid down by the authority. Any individual, irrespective of age, gender, demography may obtain an Aadhaar card after performing the enrollment process free of cost.

Details in Aadhaar

The Aadhaar Card contains the following prominent information about an individual:

• Name of the person
• Aadhaar Number
• Enrolment Number
• Photograph
• Residential Address of the person
• Date of Birth
• Gender
• Barcode that represents Aadhaar number

 

 

Uses of Aadhaar

• Proof of identity
• To open bank accounts
• To get subsidy amount from gas connections
• To get new landline or cell phone connections
• To get Government Subsidy
• It replaces KYC documents like identity proof and proof of address

 

 

Features of Aadhaar

• Uniqueness - It is achieved through the demographic and biometric de-duplication process. The de-duplication process compares the resident's demographic and biometric information, collected at the time of enrollment process.
• Random Number - Aadhaar number is a random number devoid of any intelligence. Any individual who wishes to enroll in the process has to provide minimal demographic along with the biometric information.
• Portability - The Aadhaar gives nationwide portability as it can be used for authentication purpose.
• Open Source Technologies - Open source technologies include specific computer hardware, specific storage, specific OS, specific database vendor, or any particular vendor technologies to scale.
• Scalable Technology Architecture - The UID architecture is open and scalable. The data is stored centrally, and authentication can be done online from anywhere in the country.

 

 

Karnataka State Co-operative Apex Bank Limited

The Karnataka State Co-operative Apex Bank Limited was started in the year 1915, under the name of "The Mysore Provincial Cooperative Bank Limited", under the Mysore Co-operative Societies Act of 1905. It was founded with the objective of financing, inspecting and supervising the co-operative societies in the Mysore state.

The Apex Bank is a pioneer in agricultural finance and allied activities in Karnataka. The banks main objective is to serve the farmers in the state by providing short and medium term agricultural loans, carry on general banking business in the state.

The bank also provides cash credit loans to agro-processing and marketing activities, consumer cooperatives and sugar factories in Karnataka. It provides term loans to sugar factories under consortium arrangements and working capital loans to the state level and national level co-operative institutions.

 

 

Steps to link Aadhaar with Savings Bank Account

• Visit the branch where one has their respective Savings Bank account, with a copy of Aadhaar number or e-Aadhaar if one does not have the hard copy of Aadhaar card.
• Submit a "Letter of Request" attached with a photocopy of Aadhaar.
• Bank will verify all the documents. 
• On successful completion of the procedure, an SMS will be sent to the registered mobile number of the customers.