• About Us
  • Add Post
  • Contact
  • Contribute For Us
  • Homepage
  • Our Authors
  • Privacy Policy
What's Hot

Kyle Walker insists Erling Haaland just isn’t an issue for Manchester City

February 7, 2023

Two extra aircrafts with help to be despatched to Türkiye, following President Ilham Aliyev‘s directions

February 7, 2023

Leeds sack Jesse Marsch after dismal run of outcomes

February 7, 2023
What's Hot

Kyle Walker insists Erling Haaland just isn’t an issue for Manchester City

February 7, 2023

Two extra aircrafts with help to be despatched to Türkiye, following President Ilham Aliyev‘s directions

February 7, 2023

Leeds sack Jesse Marsch after dismal run of outcomes

February 7, 2023
Facebook Twitter Instagram
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors
Facebook Twitter LinkedIn
BusinessLendBusinessLend
  • NEWS
  • BUSINESS
  • AUTO
  • TECH
  • MONEY
  • STARTUP
  • SUCCESS STORIES
  • OTHER
    • Press Release
    • OPINION
Subscribe
BusinessLendBusinessLend
Home»NEWS»Can anyone else withdraw money from your Aadhaar? Know the answer of UIDAI
NEWS

Can anyone else withdraw money from your Aadhaar? Know the answer of UIDAI

Bhagyashree SoniBy Bhagyashree SoniApril 11, 2021No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Can anyone else withdraw money from your Aadhaar?  Know the answer of UIDAI
Share
Facebook Twitter LinkedIn Pinterest Email

When the usefulness of Aadhaar has increased so much, the risk of fraud has increased.

With the help of Aadhaar, now money is also being withdrawn.

In the last few years, the utility of Aadhaar card has increased significantly. Even if you have to file a tax return, then the Aadhaar number has also been made necessary for that. Returns cannot be filed without this. Apart from this, it is needed in all important financial works, including opening bank accounts, taking advantage of government schemes. If you go to buy a mobile SIM, then it is also needed. With the help of Aadhaar, now money is also being withdrawn.

When the usefulness of Aadhaar has increased so much, the risk of fraud has increased. In such a situation, some questions will arise in your mind, about which information is important. Question- If a fraud gets a copy of your Aadhaar card, can he open a bank account in your name and who will get the loss? Answer – Aadhaar is required in opening a bank account. Banks take special care of such things during the KYC process. Despite this, if a fraud opens a bank account on your Aadhaar card, then it will not cause any trouble to the Aadhaar holder. This responsibility will be with the bank and even if any financial loss is incurred, it will be the case of the bank. However, no such case has come to light yet.

If Aadhar card is shared with a service provider, can it be misused?

As mentioned earlier, the Aadhaar card is needed in most places. In such a situation, you can share your Aadhaar information with service providers. No one can be harmed with the help of Aadhaar number only.

Question- Can bank account details be found with the help of Aadhaar?

The bank does not share information about its customers with anyone. In such a situation, bank account information cannot be obtained with the help of your Aadhaar number. Even UIDAI does not have information of bank account linked to Aadhaar.

If a fraudster gets an Aadhaar card, can he withdraw money from the Aadhaar card linked account?

Only after getting the information of the Aadhar card, neither the bank account linked to it will be known nor will it be able to conduct the transaction. An account holder sign is required to withdraw money from the bank. Aadhaar linked service requires OTP.

read this also- Bitcoin did wonders, 12 cryptocurrency billiners in Forbes Billionaire List

read this also- Indian-origin businessman got the biggest civilian honor in UAE

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Bhagyashree Soni
  • Facebook

Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

Related Posts

Two extra aircrafts with help to be despatched to Türkiye, following President Ilham Aliyev‘s directions

February 7, 2023

MFA shares particulars of terrorist assault on Azerbaijani Embassy in Iran (UPDATE)

February 6, 2023
Add A Comment

Comments are closed.

Advertisement
Editors Picks

Shawbrook’s £2bn sale shelved over inflation fears and weak markets

September 3, 2022

A Perfect Ten: House of Flax Adds a New Outlet at Nine Dine, Jio World Drive BKC

October 18, 2022

This bank from government to private gave a double blow to the people, reduced the free service of depositing money and issuing checkbooks

June 12, 2021

Iran takes no steps concerning terrorist assault on Azerbaijani Embassy – MFA

February 6, 2023
Advertisement
Latest Posts

Kyle Walker insists Erling Haaland just isn’t an issue for Manchester City

February 7, 2023

Two extra aircrafts with help to be despatched to Türkiye, following President Ilham Aliyev‘s directions

February 7, 2023

Leeds sack Jesse Marsch after dismal run of outcomes

February 7, 2023

Business Lend is a platform which brings executives officers, entrepreneurs, and venture capitalist together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.

Facebook Twitter Instagram LinkedIn
Must Read
  • Kyle Walker insists Erling Haaland just isn’t an issue for Manchester City February 7, 2023
  • Two extra aircrafts with help to be despatched to Türkiye, following President Ilham Aliyev‘s directions February 7, 2023
  • Leeds sack Jesse Marsch after dismal run of outcomes February 7, 2023

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2023 BusinessLend. Designed by ThemeSphere.
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors

Type above and press Enter to search. Press Esc to cancel.