It was a much awaited news for all the NBFC's in India. RBI now allows NBFCs to use Aadhaar EKYC service. A new circular with number RBI/2021-22/98 DOR.AML.REC 48/14.01.001/2021-22 was issued on 13th September 2021 inviting application for Aadhaar EKYC license.
As per the circular Non-Banking Finance Companies (NBFCs), Payment System
Providers and Payment System Participants who wants Aadhaar
Authentication License - KYC User Agency (KUA) License or sub-KUA License (to
perform authentication through a KUA), issued by the UIDAI, can submit their
application to Department of Regulation Business Conduct Group in RBI for onward submission to UIDAI.
The address to which application needs to be submitted is as below
The Chief General Manager-in-Charge Department of Regulation
Business Conduct Group
Reserve Bank of India, Central Office 12th Floor, Central Office Building Shahid Bhagat Singh Marg, Fort Mumbai-400 001
The applications can also be forwarded over email to cgmaml@rbi.org.in
An information sheet also needs to be filled. The details are below.
INFORMATION
SHEET
|
Sr.
No.
|
Particulars
|
Details
|
|
1
|
Name of the Non-Bank Regulated Entity
|
|
|
2
|
Type of entity (NBFC / Payment
System Provider/ Payment
System Participant)
|
|
|
3
|
Date of registration with RBI
|
|
|
4
|
RBI Registration/Licence Number
|
|
|
5
|
PAN Number
|
|
|
6
|
GST Number
|
|
|
7
|
Address of registered office
|
|
|
8
|
Address for correspondence
|
|
|
9
|
Name and contact
details (email, telephone) of contact person
|
|
|
10
|
Net Owned Funds as on March
31 of previous financial year
|
Rs. crore
|
|
11
|
Number of years
of operation as on March
31 of previous financial year
|
|
|
12
|
Number of customers at the end of last
3 Financial Years
|
|
FY
|
Number of customers
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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13
|
Processes currently being used for establishing the identity of customers (e.g.
certified copy of Officially Valid
Documents, Offline verification etc.)
|
|
|
14
|
Attach copy of Board/sub-Committee of the Board
Resolution adopted for this purpose i.e. for application for e-KYC licence
|
|
|
15
|
Name and contact
details of Principal Officer
|
|
|
16
|
a) Indicate the date when the last off-site return
was filed to the RBI
|
|
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b) Whether this was
filed within the stipulated
timeframe
|
|
|
c) Whether entity has been regular in filing of these returns. If no, indicate
the reasons thereof
|
|
|
17
|
a) Indicate the date when the last return
to Registrar of Companies (RoC)
was filed/e-filed
|
|
|
b) Whether this was
filed within the stipulated
timeframe
|
|
|
c) Whether entity has been regular in filing of these returns. If no, indicate
the reasons thereof
|
|
|
18
|
Details of incidents of data breach
including cyber security
breach, if any,
in the last 3 years
|
|
|
19
|
Whether any penal action has been taken by
the RBI / SEBI in the last three
years against the applicant. If so, furnish details including status of the proceedings
and whether the penalty has
been paid.
|
|
|
20
|
Whether entity is meeting the
standards of complying with the Data
Security Regulations 2016 of UIDAI and other related guidance
/ circular
|
|
|
|
issued by UIDAI from time to time with regard to the Privacy
and security Norms.
|
|
|
21
|
Any other observation / Self Disclosures by the entity
|
|
For more information contact us.
We,
Finahub, are experts in Aadhaar related products and services like
eSign, eKYC, Authentication, etc. If you want to know how your
enterprise can start using it, please give us a call @ 0484 2388285 or
email us at info@finahub.com
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