November 13 2019
The government on Wednesday amended the anti-money laundering rules to allow people to use Aadhaar for identification and yet use an address different from the one given in Aadhaar document for purposes like opening bank accounts.
The move is aimed at making it easier to use the biometric identification document for various purposes. A government official said that the amendment, which is effective from Wednesday, allows people who have used Aadhaar for meting the ‘know your customer (KYC)’ norms to give an address different from the address in Aadhaar as current address on self declaration basis.
