Aadhaar Verification: These 22 companies including Tata, Mahindra and Amazon will be able to verify with Aadhaar, Finance Ministry approved

FinMin Aadhaar Authentication: The Finance Ministry has approved 22 finance companies to verify their customers with Aadhaar. This approval has been given after the recent changes in the rules…

Aadhaar has become necessary for many works in today’s time. Due to this, starting from opening a bank account to getting a new SIM card has become a snap. Seeing its convenience, now the government has expanded Aadhaar Authentication. The Finance Ministry has now approved 22 finance companies to verify their customers with Aadhaar.

Finance Ministry notification

The Finance Ministry had issued a notification in this regard on Friday. The 22 companies that the Finance Ministry has approved for verification with Aadhaar include financial companies of groups like Tata, Mahindra, Amazon and Hero. The ministry says that these 22 companies will now be able to identify customers using the Aadhaar number as well as verify all their other important information.

These 22 finance companies include Godrej Finance, Amazon Pay (India) Pvt Ltd, Aditya Birla Housing Finance, Tata Motors Finance Solutions, IIFL Finance and Mahindra Rural Housing Finance Ltd, Uniorbit Payment Solutions Ltd and SV Creditline Ltd.

Companies will have this facility

In a news report of PTI, Sandeep Jhunjhunwala, partner of Nangia Andersen LLP, has been told that these banking and financial companies will now be able to verify their customers through Aadhaar authentication. He said that the list of 22 financial institutions notified by the Finance Ministry is now allowed to use Aadhaar authentication to verify the identity of their customers and beneficiaries.

The list of companies that have been allowed by the Finance Ministry for Aadhaar Verification is as follows…

1. Godrej Finance Limited
2. Paul Merchants Finance Private Limited
3. Swatantra Microfin Private Limited
4. Swatantra Micro Housing Finance Corporation Limited
5. Tata Motors Finance Solutions Limited
6. Uniorbit Payment Solutions Limited
7. Shubhalakshmi Finance Private Limited
8. Hero Fincorp Limited
9. SV Creditline Limited
10. Branch International Financial Services Limited
11. Mahindra Rural Housing Finance Limited
12. Lite Microfinance Private Limited
13. Belstar Microfinance Limited
14. IIFL Finance Limited
15. Hinduja Leyland Finance Limited
16. JMJ Fintech Limited
17. Midland Microfin Limited
18. Riviera Investors Private Limited
19. Save Microfinance Private Limited
20. Share India Fincap Private Limited
21. Amazon Pay (India) Private Limited
22. Aditya Birla Housing Finance Limited