Govt. permits use of ‘e-KYC setu system’ to perform authentication under Aadhaar
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- Last Updated on 8 December, 2022
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Notification No. S.O. 5683(E)., Dated 06.12.2022
The Govt. in consultation with RBI, SEBI, IRDA & PFRDA, has now permitted entities onboarded to perform authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 using the e-KYC setu system. e-KYC setu system complies with the standards of privacy and security under the Aadhaar Act. The e-KYC setu shall be a system put in place by National Payments Corporation of India (NPCI).
NPCI shall ensure that the authentication is carried out using the Aadhaar number of the client as per the regulations laid down by UIDAI, without disclosing full Aadhaar number to the reporting entity, and after carrying out authentication, NPCI shall share the last four digits of the Aadhaar number of the client, along with his demographic details made available to it by UIDAI, digitally signed by it, with the reporting entity and the reporting entity shall carry out identification of the client based on the details provided by the client and NPCI.
This notification shall come into force from 06.12.2022.
Click Here To Read The Full Notification
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