Central
NOTIFICATION UNDER THE AADHAAR (TARGETED DELIVERY OF FINANCIAL AND OTHER SUBSIDIES, BENEFITS AND SERVICES) ACT, 2016 (NOTIFICATION DATED - 11.06.2021) - MINISTRY OF FINANCE
Updated on:11th Jun, 2021
Verification of customers or beneficiaries applying for credit sanction and subsidy for the Government schemes hosted on under National Portal for Credit Linked Government Schemes. Verification and Pre- filling of the beneficiaries’ data for processing applications. Verification of data at time of Subsidy Processing. To check whether the customer or beneficiary has already availed the benefit under any scheme. M/s Online PSB Loans Limited shall adhere to the guidelines laid down by the Central Government with respect to use of Aadhaar authentication, including the following: The informed consent of the resident shall be obtained for the purpose of authentication in terms of Section 29 of the said Act. The purposes for which the Aadhaar number and related information is being sought shall be communicated clearly to the resident. Specifically, the manner in which the Aadhaar number will be collected, stored and used shall be clearly communicated to the residents. Provisions related to exception handling shall be implemented strictly in accordance with the said Act and its associated regulations.
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