Aadhaar mandatory for KVP, NSC, PPF and all other post office deposits

By | October 6, 2017
(Last Updated On: October 6, 2017)

Aadhaar mandatory for KVP, NSC, PPF and all other post office deposits

[To be published in the Gazette of India, Extraordinary, Part II, Section 1, Sub Section (i)

Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, 29th September, 2017

NOTIFICATION

G.S.R.. (E).- In exercise of the powers conferred by section 12 of the Government Savings Certificate Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the Kisan Vikas Petra Rules. 2014, namely. –

1 (1) These rules may be called the Kisan Vikas Petra (Amendment) Rules. 2017

(2) They shall come into force on the date of their publication in the Official Gazette.

2 In the Kisan Vikas Petra Rules, 2014,-

(i) in rule 2. for clause (a), the following clauses shall be substituted, namely-

(a) “Aadhaar number means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act. 2016 (18 of 2016);

(aa) Act means the Government Savings Certificates Act, 1959 (46 of 1959);’;

(ii) after rule 6. the following rule shall be inserted, namely:-

“(6A) Identification of Account holders – The Aadhaar number shall be the unique identifier for the purpose of establishing the identity of an account holder.

Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar:

Provided further that every depositor under this rule who has not given his Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the Post Office Savings Bank or Bank concerned, on or before the 31st day of December, 2017 “.

[F. No 1/3/2015-NS.II]

(Prashant Goyal)

Joint Secretary to the Government of India

NSC

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub Section (I)

Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 29 September, 2017

NOTIFICATION

G.S.R._____(E).- In exercise of the powers conferred by section 12 of the Government Savings Certificate Act, 1959 (46 of 1959), the Central Government hereby makes the following Rules further to amend National Savings Certificate (VIII Issue) Rules, 1989, namely:-

1. (1) These rules may be called the National Savings Certificate (VIII Issue) (Amendment) Rules. 2017.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the National Savings Certificate (VIII Issue) Rules, 1989, –

(i) in rule 2, for clause (i), the following clauses shall be substituted, namely –

‘(i) “Aadhaar number” means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act 2016 (18 of 2016);

(ia) “Act” means the Government Savings Certificates Act, 1959 (46 of 1959);’;

(ii) after rule 4, the following rule shall be inserted, namely:-

“(4A) Identification of Account holders. – The Aadhaar number shall be the unique identifier for the purpose of establishing the identity of an account holder:

Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar:

Provided further that every depositor under this rule who has not given his Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the Post Office Savings Bank concerned, on or before the 31st day of December. 2017.”

[F No. 1/3/2015-NS.II)

(Prashant Goya])

Joint Secretary to the Government. of India

PPF

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub Section (1)

Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 29th September, 2017

NOTIFICATION

G.S.R. ….. (E)- In exercise or the powers conferred by section 3 of the Public Provident Fund Act, 19138 (23 of 1958), the Central Government hereby makes the following Scheme Further to amend the Public Provident Fund Scheme. 1968, namely –

(1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2017.

(2) They shall come into force on the data of their publication in the Official Gazette.

2. In the Public Provident Fund Scheme, 1968-

(i) in Paragraph 2, for clause (a), the following clauses shall be substituted, namely:.

“(a) ‘Aadhaar number’ means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2018);

(aa) ‘Account’ means a Public Provident Fund Account under this Scheme;”

(ii) after paragraph 4, the following paragraph shall be Inserted, namely:-

“(4A) Identification of Account holders. – The Aadhaar number shall be the unique identifier for the purpose of establishing the identity of an account holder

Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar.

Provided further that every depositor under this scheme who has not given his Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the Post Office Savings Bank or Accounts Office concerned, on or before the 31st day of December, 2017. “.

[F. No. 1/3/2015-NS.II]

(Prashant Goyal)
Joint Secretary to the Government of India)

All other Post Office Deposits

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub Section (i)

Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 29th September, 2017

NOTIFICATION

G.S.R. …..(E)._ In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Savings Sank General Rules, 1981, namely:

1. (1) The rules may be called the Post Office Savings Bank General (Amendment) Rules, 2017.’

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Post Office Savings Bank General Rules, 1981,-

(i) in rule 2, for clause (a), the following clauses shall be substituted, namely:-

“(a) ‘Aadhaar number’ means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016);

(aa) ‘Account’ means a Savings Account, a Recurring Deposit Account, a Time deposit Account, Monthly Income Scheme Account, Sukanya Samriddhi Account or Senior Citizens Savings Account;”

(ii) after rule 3, the following rule shall be inserted, namely:-

‘(3A) Identification of Account holders.– The Aadhaar number shall be the unique identifier for the purpose of establishing the identity of an account holder:

Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar

Provided further that every depositor under this rule who has not given his Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the Post Office Savings Bank or Deposit Office concerned, on or before the 31st day of December, 2017″.

[F. No. 1/3/2015-NS.II]

(Prashant Goyal)
Joint Secretary to the Government of India

 

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