Starting November 1, 2025, five major changes will be made to Aadhaar card updates and banking regulations, bringing significant relief and convenience to the general public. The primary objective of these changes is to simplify, speed up, and secure digital processes.
The first change is that Aadhaar card holders will now be able to update their name, address, date of birth, and mobile number completely online, without uploading any documents, from the comfort of their homes. This feature, previously only available at Aadhaar Seva Kendras, will now be fully digital and convenient.
Another change will eliminate the time-consuming process of visiting an enrollment center to update Aadhaar. UIDAI will now automatically verify Aadhaar against government documents like PAN cards, ration cards, and passports. This will make the update process faster, more secure, and transparent.
The third rule is to make Aadhaar-PAN linking mandatory, requiring all PAN card holders to link their Aadhaar by December 31, 2025. Following this, PANs not linked by January 1, 2026, will become inactive.
In the fourth change, customers can now nominate up to four nominees for their bank accounts, lockers, and safe deposits, and determine their percentage share. This will make banking even more secure and controlled.
The fifth and final change is SEBI’s streamlining of mutual fund KYC and folio opening processes. The new standards will improve investor convenience and bring transparency to the market.
Finally, new rules will apply to SBI credit card users starting November 1, 2025, which may impact your spending. Unsecured credit cards will now incur an additional 3.75% fee. Additionally, if you pay school or college fees through third-party apps like CRED, CheQ, and Mobikwik, there will be an additional 1% charge. Payments made directly through the school’s official website or POS machine will not incur any fees.
These rules are part of the technological reforms under Digital India, which will provide citizens with an easy, secure, and reliable way to conduct digital transactions. This will not only improve Aadhaar services but also provide a better user experience in the financial sector.
