Aadhaar Made Mandatory For Small Saving Schemes as Post Office Deposits, PPF, KVP

The government has made biometric identification Aadhaar mandatory for all post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra. 

According to the provision, which is already in effect, all depositors have been given time till December 31, 2017 to provide the 12-digit unique identification number and link it with their accounts.

Important Takeaways from the Above News: 
  • Unique Identification Authority of India has its Headquarters (HQ) in New Delhi.
  • The Chief Executive Officer (CEO) of UIDAI is Dr. Ajay Bhushan Pandey.
Source- The Economic Times