Post Office Tips: A post office account will be opened with just Aadhaar, know what update has come..

The post office has started the (e-KYC) process for opening and transacting Post Office Savings Bank (POSB) accounts through Aadhaar biometrics. The post office will gradually update the eKYC functionality. In the first phase, this facility will be available only at POSA and post office counters. In this, the facility of opening accounts and transactions of new customers will be provided. Apart from this, eKYC and KYC details of existing customers will be updated.

In its next phase, facilities like account opening, closing, and transactions for other schemes like RD, TD, MIS, and SCSS will be provided through eKYC. However, only transactions up to Rs 5,000 will be done through Aadhaar biometrics in the post office. Vouchers will have to be used for transactions more than this. This entire system will work under the Finacle software of the post office. For this, many important changes have been made to it.

An Aadhaar update will be necessary.

According to the order of the Department of Posts dated January 1, 2025, “Basic Savings Account and Single Type POSA (Post Office Savings Account) accounts will be opened in Finacle software based on Aadhaar authentication. At the same time, e-KYC will be required to open accounts of other schemes. Apart from this, the process of bringing other facilities like closing the account, and transfer is also going on under this software. If a person wants to open an account in the post office, but their Aadhaar is not updated, then his account will not be opened under the Aadhaar biometric. Such people will be appealed to update Aadhaar first.

Customers will get many facilities in the second phase.

In the second phase of this initiative, the Department of Posts is considering starting other facilities including opening, and closing the account or transactions through e-KYC. In the coming time, the department will also provide other types of facilities for new customers and account holders. The post office is rapidly moving towards a digital platform for paperless work. Given this, the department has decided to provide facilities to its customers through Aadhaar biometrics. In the coming time, Aadhaar will be necessary for many tasks including account opening, transactions in the post office.

The process will be implemented in all the post offices of the country from January 6

On 26 November 2024, the process of eKYC was started in 12 head post offices and 2 sub post offices of the country under the pilot project, but today i.e. from January 6, it has been implemented all over India. Under this, new single savings accounts will be opened in all the post offices of the country. At the same time, old account holders will also be linked to eKYC.

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