Lok Sabha Question No. 99 (STARRED), answered on 2017-07-21
Subject: Linking of Bank Accounts with Aadhaar
Ministry: FINANCE
Asked by: DHANANJAY BHIMRAO MAHADIK, ASHOK SHANKARRAO CHAVAN

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

LOK SABHA

STARRED QUESTION No. 99

TO BE ANSWERED ON 2lst JULY 2017 (FRIDAYYASHADHA 30, 1939 (SAKA)

## Linking of Bank Accounts with Aadhaar

*99. SHRI SHRI DHANANJAY MAHADIK: SHRI ASHOK SHANKARRAO CHAVAN:

Will the Minister of FINANCE be   pleased to state:

- (a) the number of saving accounts which have been linked with Aadhaar till date, bank-wise;
- whether the Government has decided that the bank accounts that are not linked t0 Aadhaar will be frozen and no new accounts can be opened without the 12 digit bio-metric  identity number after December; 2017 and if so, the details thereof and the objective behind the move;
- (c) whether the Government has made any provision to reactivate the frozen accounts and if so,
- the details thereof;
- d) whether the Government has also made the Aadhaar cards along with Permanent Account
- (e) whether the said move is not likely to affect individual privacy and allow Government to breach data and spy on people and if the steps taken by the Government in this regard?

Answer THE FINANCE MINISTER (SHRI ARUN JAITLEY)

(a) to (e):A Statement is laid on the Table of the House.

Statement referred to in reply to parts (a) to (e) of Lok Sabha Starred Question No.*99 (19thPosition) for July, 2017 by Shri   Dhananjay Mahadik and Shri Ashok Shankarrao Chavan, M.Ps regarding "Linking of Bank Accounts with Aadhaar"\_ 21st

- (a
- Bank-wise number of savings accounts linked with Aadhaar number is at Annex:
- (d) and (e) Amendments effected to the Prevention of  Money-laundering (Maintenance of Records) Rules; 2005 to provide that accountholders eligible to be enrolled for Aadhaar, who already have an account to 1.6.2017, shall submit their Aadhaar number by 31.12.2017, failing which the account shall cease to be operational till the time the Aadhaar number is submitted. They further provide that an individual eligible to be enrolled for an Aadhaar number shall, at the time of commencement of an account based relationship, submit the where Aadhaar number has not been   assigned, furnish of enrolment for Aadhaar . There is no requirement of   furnishing Aadhaar cards   along with Permanent Account Number (PAN) for transactions above Rs: 50,000. However; Income-tax Rules provide for quoting of PAN or furnishing of Form No. 60 in respect of transactions of specified nature in which the volume of the transaction exceeds Rs. 50,000 in a prior proof' day.
- No account has been made in-operational due to non-submission of Aadhaar number as on date.

**

Annexure to Lok Sabha Q. No. *99 for 21.7.2017, regarding "Linking of Bank Accounts with Aadhaar"

## Savings accounts seeded with Aadhaar number in Public Sector Banks As on 7.7.2017

| Bank                      | Number of active accounts* seeded   |
|---------------------------|-------------------------------------|
| Allahabad Bank            | 197.51                              |
| Andhra Bank               |                                     |
| Bank of Baroda            | 338.38                              |
| Bank of India             | 353.18                              |
| Bank of Maharashtra       | 99.85                               |
| Canara Bank               | 239.49                              |
|                           | 271.26                              |
| Corporation Bank          | 104.38                              |
| Dena Bank                 | 92.94                               |
| IDBI Bank Ltd.            | 60.28                               |
| Indian Bank               | 148.18                              |
| Indian Overseas Bank      | 108.68                              |
| Oriental Bank of Commerce | 82.63                               |
| Punjab & Sind Bank        | 33.46                               |
| Punjab National Bank      | 398.05                              |
| State Bank of India       | 1975.61                             |
| Syndicate Bank            |                                     |
| UCO Bank                  | 119.09                              |
| Union Bank of India       | 190.79                              |
| United Bank of India      | 104.1                               |
| Vijaya Bank               | 64.97                               |
| Total                     | 5259.91                             |

Source: Banks

#Savings accounts having customer-induced transactions in the preceding 12 months