UIDAI

byPaytm Editorial TeamOctober 20, 2025
The Unique Identification Authority of India (UIDAI) is a crucial government body.

Meaning

Definition

UIDAI is the statutory authority established by the Government of India under the provisions of the Aadhaar Act, 2016. Its primary role is to issue Aadhaar, a 12-digit unique identification number, to all residents of India.

Core Functions

It is responsible for Aadhaar enrollment, authentication services, and managing the Aadhaar database. This includes setting standards for data security and privacy.

Significance

UIDAI plays a vital role in providing a verifiable identity, essential for accessing various government subsidies, benefits, and services, including linking bank accounts for UPI Payment.

You May Also Like

DerivativesLast Updated: December 29, 2025

Meaning & Definition Derivatives are financial contracts whose value depends on an underlying asset like shares, commodities, or…

Low-Value PaymentsLast Updated: September 15, 2025

Meaning Low-value payments are small-sized transactions usually made for everyday expenses. These are quick and often completed without…

OTP (One-Time Password)Last Updated: August 12, 2025

Definition The full form of OTP is One-Time Password. It is a temporary code sent to a user’s…

CommoditiesLast Updated: December 12, 2025

Meaning & Definition Commodities are raw materials or primary goods like gold, oil, or wheat that can be…

Cyber InsuranceLast Updated: December 12, 2025

Meaning Cyber Insurance protects individuals or businesses from financial losses due to cyberattacks. Definition It covers risks like…