Aadhaar is a 12-digit unique identification (UID) number which the Unique Identification Authority of India (UIDAI) is issuing for all Indian residents who are enrolling for the same.
Axis Bank has launched the facility for linking Aadhaar number with your bank accounts.
Linking your Aadhaar number with your Axis bank Account lets you:
- Have a single financial address for government subsidies
- Receive direct credit of LPG subsidy from Government into your account
- Receive direct credit of other Govt subsidies like welfare funds, pensions, scholarships, MNREGA wages etc. into your account