AADHAAR MUST FOR BANK ACCOUNTS
- Government has made Aadhaar Card mandatory for opening bank accounts and conducting financial transactions of Rs. 50,000 and above.
- Those with existing accounts will also have to submbit their unique identification number by December end.
- For opening bank accounts, Aadhaar number of managers or employees holding an attorney to transact on the company's behalf will have to be provided.
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