Last dates to link Aadhaar Card, Deadline for linking Aadhaar, PAN extended

Last dates to link Aadhaar Card: Deadline for linking Aadhaar with bank accounts, PAN extended to March 31, 2018. The deadline for linking insurance policies and mutual fund holdings to Aadhaar will also be extended to March 31, 2018. Bank account, insurance will be able to link Aadhaar card, PAN Card card up to March 31, 2018. Now you can link the bank account, post office account and insurance policy with the Aadhaar Card and PAN Card till March 31, 2018. That is, the deadline for linking the Aadhaar Card and PAN Card for existing account holders has been extended up to March 31, 2018. The time limit was earlier 31 December 2017.

6 months of new account holder

According to the notification issued by the Finance Ministry on Wednesday, if a new customer opens a bank account, post office account or mutual fund account, then it will have to give Aadhaar Card and PAN Card within 6 months from the date of opening the account. Deadline of March 31, 2018 will not be effective in the case of new customers. We are telling you that the Finance Ministry’s decision on the existing account holder will affect the decision.

Last date to link Bank account to Aadhaar Card

If your bank account is not linked to the Aadhaar Card and PAN Card, then you can link up to March 31, 2018. It was necessary to do this by December 31, 2017 under the earlier deadline.

Last date for link Loan account to Aadhaar Card

If you have taken a loan from a bank, your loan account will be in that bank. You have to link the Aadhaar Card and PAN Card with this loan account till March 31, 2018.

Last date for link Credit Card to Aadhaar Card

Under the new rules, it is important to link credit card to the Aadhaar Card. If you have a credit card, you will also have to link your credit card to the basis of March 31, 2018.

Last date for link Post office account to Aadhaar Card

If your post office has an account then it is necessary to link this account with the Aadhaar Card and the PAN Card. You have to do this work till March 31, 2018.

Last date for link Mutual fund account to Aadhaar Card

If you have a mutual fund account, you will also have to link the mutual fund fund account to the Aadhaar Card and PAN Card till March 31.

There are no changes to links Aadhaar card to SIM Cards

There has not been any change in the time limit for linking the mobile SIM to the Aadhaar Card. You have to link your SIM to the Aadhaar Card by 6th February.

Change in PMLA Act

On Tuesday, the Central Government had changed the rules of the Prevention of Money Laundering Act 2002. Under it, the deadline of December 31 to withdraw Aadhaar Card and PAN Card coaching for financial services was withdrawn. After this, the central government has issued a new deadline for this.

Official Announcement by Govt..

Extension of deadline till 31.3.18 for submission of Aadhaar number, and Permanent Account Number or Form 60 by client to the reporting entity

After considering various representations received and inputs received from Banks, it has been decided to notify 31st March, 2018 or six months from the date of commencement of account based relationship by the client, whichever is later, as the date of submission of the Aadhaar number, and Permanent Account Number or Form 60 by the clients to the reporting entity. Necessary notification in this regard has been issued.

It may be recalled that earlier Under the provisions of Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017, published in the Extraordinary Gazette of India vide G.S.R. 538 (E) dated 01.06.2017, it was provided that

i) In case the client, eligible to be enrolled for Aadhaar and obtain a Permanent Account Number does not submit the Aadhaar number or the Permanent Account Number at the time of commencement of an account based relationship with a reporting entity, the client shall submit the same within a period of six months from the date of the commencement of the account based relationship. Provided that the clients, eligible to be enrolled for Aadhaar and obtain the Permanent Account Number, already having an account based relationship with reporting entities prior to date of this notification, the client shall submit the Aadhaar number and Permanent Account Number by 31st December, 2017.

(ii) In case the client fails to submit the Aadhaar number and Permanent Account Number within the aforesaid six months period, the said account shall cease to be operational till the time the Aadhaar number and Permanent Account Number is submitted by the client.  Provided that in case client already having an account based relationship with reporting entities prior to date of this notification fails to submit the Aadhaar number and Permanent Account Number by 31st December, 2017, the said account shall cease to be operational till the time the Aadhaar number and Permanent Account Number is submitted by the client.

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