Aadhar is a government initiative started back in 2009 to give a universal identity to each and every Indian citizen. In the earlier stages of the initiative, people were unclear about the advantages of Aadhar card and there were a lot of discrepancies in displaying the information of people. Gradually people became aware about the benefits and importance of their Aadhar card and ever since it has become an integral part of many government schemes and plans along with use in other fields as well. In this blog we break down some of the best benefits and important uses of an Aadhar Card:
Aadhar Based LPG Subsidy
This government schemes was one of the very first cases where Aadhar card showed its importance. Under this plan the 12 digit UIDAI Aadhar number was used to get your subsidy transferred directly to your bank account. All that consumers needed to do was link their Aadhar card with the LPG connection no at their nearest distributor’s office. The scheme was implemented on a large scale and became a huge success instantly.
Get Your Passport in 10 days with Aadhar
Although the government has made your Aadhar card a mandatory document for your passport, it also serves as a great relief for passport seekers as it shortens the waiting period for your passport arrival. Now with your Aadhar card you can easily get your passport within 10 days. This is one of the biggest benefits that Aadhar card has served to the general public. Once you submit your Aadhar card to the passport office your passport is issued and the process of police verification can be completed later, hence shortening the duration.
Easily Open a Bank Account with Aadhar
This is one of the benefits of Aadhar that everyone knows. Aadhar card has completely revolutionized the banking industry. Now you can quickly get your account opened at any bank just with your Aadhar card. It has now become a valid proof for account opening and also acts as your address proof. This means that you no longer need to carry a bunch of different documents just to get your account opened in a bank. Moreover, your Aadhar card also lets you open a trading account that helps you in share trading.
Accepted as a Proof of Address by SEBI
Your Aadhar card is now accepted as a proof of address by the Securities and Exchange board of India for investing in the Stock market. This is indeed a great sigh of relief for the investor and has made the investment process a lot simpler. SEBI till now only authorized Aadhar card as an identity proof but now the document can be used as an identity proof as well. Now you can easily get into stock trading, all thanks to your aadhar card.
So these were some of the major benefits and important uses of your Aadhar card. Apart from these Aadhar card also lets you enroll for Jan Dhan Yojana, Digital Locker, Monthly Pension, Provident Fund, Digital Life Certificate and a lot of other things as well. Now that you have known the important benefits of your Aadhar Card keep it updated to the latest information and never miss out on new opportunities and schemes.
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