No deadline for Aadhaar – bank account linking

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No deadline for aadhar linking

Government notifies new rules that allow for the indefinite extension of the deadline to link bank accounts and PAN numbers with Aadhaar numbers. In other words the December 31 deadline to link Aadhaar card with bank accounts and PAN numbers, stand cancelled. The government has not notified a new date as yet.

The notification said the words “by December 31, 2017′, in the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, were being replaced with “by such date as may be notified by the Central Government’.

In June, the Narendra Modi government had introduced a new rule, making Aadhaar mandatory for opening bank accounts. Existing bank account holders were asked to furnish their Aadhaar number by December 31, failing which their account would cease to be operational.

The Centre had on December 7 told the apex court that the deadline for mandatory linking of Aadhaar to avail various services and welfare schemes would shortly be extended till March 31 next year. On November 27, the apex court had said it may consider setting up a constitution bench to hear pleas challenging the Centre’s move to make Aadhaar card mandatory for availing various services and benefits of welfare schemes.

It had on October 30 said a constitution bench would commence hearing on the clutch of petitions against the Aadhaar scheme from the last week of November. Recently, a nine-judge constitution bench of the apex court had held that Right to Privacy was a Fundamental Right under the Constitution. Several petitioners challenging the validity of Aadhaar had claimed it violated privacy rights.