UIDAI has informed people that by knowing the Aadhaar number alone, no one can hack into your bank account and withdraw money.
Aadhaar is a mandatory document that acts as an identity proof and is required for getting every official work done. Aadhaar card holders get a unique 12-digit Aadhaar number which is issued by the Unique Identification Authority of India (UIDAI).
However, as people are required to provide their Aadhaar details for almost every work they are a bit concerned if others knowing their unique identification number can cause them any trouble.
As many people have linked their bank account with Aadhar they are worried if their bank account gets hacked by someone who comes to know about their Aadhaar number.
UIDAI has answered to this query and has informed people that this is not true and there is no need to worry.
Just as by merely knowing your ATM card number, no one can withdraw money from the ATM similarly by knowing your Aadhaar number alone, no one can hack into your bank account and withdraw money, UIDAI said.
It further informed people that their bank account is safe if they do not part with their PIN/OTP given by banks.
While on the topic of is it mandatory to link a bank account with Aadhaar, UIDAI said that as per the Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2019, if a person wish to receive any benefit or subsidy under any scheme notified under section 7 of the Aadhaar (Targeted Delivery of Financial and Other subsidies, Benefits and Services) Act, 2016 (18 of 2016), it is mandatory to submit Aadhaar number to the banking service provider.
For other banking services, Aadhaar is a preferred KYC document. However, if you do not wish to submit Aadhaar, then you may use any other officially valid documents as prescribed by the Reserve Bank of India. You can note that linking your bank account with Aadhaar, in this case, is optional.
