Banking

Is aadhaar mandatory for bank account

No, Aadhaar is not mandatory for opening or operating a bank account in India for general purposes. According to the Supreme Court's ruling, providing Aadhaar is voluntary for most banking services. However, it is mandatory in the following cases:
  • To receive government subsidies or benefits under the Direct Benefit Transfer (DBT) scheme.
  • To apply for specific welfare schemes notified under the Aadhaar Act.
For other banking services, you can use any officially valid document (OVD) prescribed by the RBI, such as a PAN card, passport, or Voter ID.

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