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change
address
on
Aadhaar by giving self declaration, a move aimed at helping them open bank account and promote financial inclusion.
The changes were made by amending the Prevention
of Money-laundering (Maintenance
of Records) Rules, as per a gazette notification issued
on Wednesday.
It allows a person with
Aadhaar number
for identification wants to provide
address different from what is available in the Central Identities Data Repository, he may give a self-declaration to that effect to the reporting entity, it said.
There was long standing demand to ease
address
change rule.
The decision will help migrant workers who have
address
of their native place in
Aadhaar but wants a bank account with their current
address where they are living
for work.
People may have residential
address in their
Aadhaar and give work
address as current
address.
There are many cases where people may have their
address in
Aadhaar and want to give a more functional
address
for know your customer (KYC).
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