Aadhaar Card, 12-digit biometric Unique Identification Card, it has significant advantages now-a-days. An Aadhaar Card has many important details of a person like the fingerprints, Iris details, and other important information. It acts as one stop solution to a lot of problems. Whether you need to open a bank account, apply for a gas connection, want to avail various subsidies, get a new electricity connection, open a trading account, open a demat account and so on, you require your Aadhaar Card everywhere.
Aadhaar Card has become very significant and important as:
Listed below are the major Benefits of Aadhaar Card:
| Sr No | Benefit | Description |
|---|---|---|
| 1 | Proof of Identity | Accepted as a Proof of Identity by Securities and Exchange board of India for investing in stock market. |
| 2 | Proof of Address | Accepted as a Proof of Address by Securities and Exchange board of India for investing in stock market. |
| 3 | Jan Dhan Account | Pradhan Mantri Jan Dhan Yojana (PMJDY) accepts Aadhaar card as the only sufficient document to open the Jan Dhan bank account |
| 4 | Digital Life certificate | Aadhaar linked digital life certificate (Jeevan Praman for Pensioners) will end the process where pensioner is required to be physically present at Pension Disbursing Agency to avail pension |
| 5 | Bank Account Opening | It is used of PoA and PoI for opening of bank account |
| 6 | Availing LPG Subsidies | Aadhaar can direct LPG subsidy to your bank account |
| 7 | Making Passport fast | You can get passport in just 10 days, if you have Aadhaar Card |
| 8 | Monthly Pension | Registration of Aadhaar Card number with the pension accounts by Pensioners will ensure timely pension payouts |
| 9 | Provident Fund | Aadhaar ensures that the Provident Fund is disbursed directly to the person's account |
| 10 | Digital Locker | Government has launched digital locker system for everyone for storing all personal documents on the government's server, which requires Aadhaar Number |
| 11 | Income Tax | With the help of Aadhaar Card, you can e-verify your Income Tax Returns within seconds |
| 12 | Timely and Exact Direct Benefit Transfer | By linking their Aadhaar Card to their bank accounts, all the beneficiaries of a government developmental programme can receive the benefits in form of cash which will be directly credited to their bank accounts |
| 13 | Mahatma Gandhi National Rural Employment Guarantee (MNREGA) | Wages under MNREGA Scheme will also be credited directly to the bank account of the workers linked with Aadhaar Card |
| 14 | Student Scholarship | Students who receive scholarship from the government can get this money only if bank account which is on the name of the student is linked with their Aadhaar number |
| 15 | Mobile Verification | The government has directed the telecom service providers to link all mobile connections with Aadhaar in order to avoid fake document submission for taking mobile connection |
| 16 | Ration Card | The government has directed people to link their ration card with Aadhaar in order to stop corruption |
| 17 | Crop Insurance | Farmers are required to provide their Aadhaar details to avail the facility of crop insurance |
| 18 | Linking to Voter ID Card | Aadhaar number has started to be linked to the voter ID card from 9th March 2015 so that fraudulent voters can be eliminated from the voters database |
| 19 | Linking to PAN Card | In order to file Income Tax Returns (ITR), it has now become mandatory to link PAN card and Aadhaar card. This step of the government will be helpful in order to curb black money |
| 20 | IRCTC Linkage | One can book upto 12 tickets online through IRCTC website in a month by linking Aadhaar to IRCTC |
| 21 | Accepted by SEBI | It is accepted by SEBI for carrying out stock market transactions without any hassle |