Aadhaar Linking with PPF: Now whether you are going to open a new account for investing in post office small savings schemes or have already opened an account, you will have to get Aadhaar linking done for this.
Aadhaar Linking with PPF: If you invest in Public Provident Fund (PPF) then there is an important news for you. According to the new rules, if you invest in small savings schemes such as PPF, National Savings Certificate, Senior Citizens Savings Scheme or other small savings schemes of the post office, then it has become mandatory to link your Aadhaar with the account of these schemes. Now whether you are going to open a new account or have already opened an account, you will have to get Aadhaar linking done for this.
What is the new deadline?
Subscribers of the Small Savings Scheme will have to submit their Aadhaar at the post office or bank, wherever they have opened an account for investment. If you had not given Aadhaar while opening your account, then you have been given time till September 30, 2023, before which you have to submit your Aadhaar.
Apart from this, any new investor who opens this account will also have to give his Aadhaar. If he does not have Aadhaar, then he will have to apply for Aadhaar and give the enrollment ID of the Aadhaar application. It is necessary that you submit your Aadhaar to the bank/post office within the next six months of opening the account.
What will happen if Aadhaar is not submitted?
If you fail to submit Aadhaar or Enrollment ID of Aadhaar within this period, your account will be frozen after six months. If you have already invested in these schemes, but do not have the details of Aadhaar linked in your account, then do it immediately because if you do not do so by October 1, 2023, your account will also be frozen.
Which documents are required to be submitted?
Those investing in Small Savings Scheme are required to provide some documents-
1. Aadhaar Enrollment ID in case of Aadhaar or non-Aadhaar. (Mandatory)
2. Any one of the other documents mentioned below along with Aadhaar-
- Bank or Post Office passbook with photo
- PAN card
- Passport
- Ration card
- Voter ID Card
- Manrega card
- Kisan Photo Passbook
