While several other uses are publicized through awareness campaigns conducted by the government, there are certain benefits and services provided by Aadhar to all the residents which they may not be aware of. Hence, we wanted to highlight those services and benefits that you can avail from Aadhar Card-
1. Availing of Subsidies-
It is one of the biggest uses of Aadhar card as no resident is entitled to claim any government subsidy without it. As the government already has all the data encrypted on a particular level, that is why they only need to know the Aadhar card number to fetch all the details of that person in whose name the Aadhar card is registered. Certain government schemes have been introduced which states that LPG connection’s subsidy can be claimed when Aadhar card is linked with the bank accounts by which you may get your LPG connection subsidy directly in your account.
2. Jan Dhan Yojna–
It accepts Aadhar number as the only document which is enough to open your bank account. Although, you can open Pradhan Mantri Jan Dhan Yojna (PMJDY) account after submitting other documents as well. The benefits provided are free zero bank savings account, RuPay card, accident, life insurance, etc. This scheme mainly benefits all the people living in rural and remote areas to avail the services offered by banks.
3. Voter Card linking-
Now, Aadhar number has been linked to voter id cards, started from the year 2015. This action was taken for bogus voters. As one Aadhar number can be allotted to one person, this ensures no person could have multiple voter ID cards.
4.Digital Locker-
You can store all personal documents on the government’s server as the government of India has launched the Digital locker system. The signup process for this system only includes linking of 12 digit Aadhar number.
5.Mutual funds-
SEBI has mandated using the Aadhar card for e-KYC documents required for mutual funds investment. After the Aadhar card came into existence, the e-KYC process has been eliminated. This has simplified the investment account opening process incredibly.
6.Proof of residence and identity card-
A residential address is mentioned on the Aadhar card which is considered a valid address proof when applying for any financial projects like home loan, personal loan, market investments, mutual funds, credit cards, filling ITR, etc.
It is only the Aadhar card which is accepted by all government and non-government organizations. It is even accepted when it is not a citizenship document. It is not only comprised of your photograph but also your biometrics and IRIS code. It also contains your QR code which can be scanned to verify whether the details match with the one mentioned in the card or not.
7.Acquisition of Passport-
Earlier it could be a daunting experience for you to apply for a new or renewing your passport as it used to take multiple weeks. But after the Aadhar card increased uses, it has now expedited the process of obtaining a passport. You just simply need to attach your Aadhar card in the documents along with your application that you would submit to apply for the passport
8.Disbursing provident fund online-
An app specially designed for the provident fund named as EPFO can be used to disburse your provident fund online. You just need to link your UAN number with your Aadhar number, and you can commence the process of disbursal. The money will be paid directly into your Aadhar linked bank account within a few days.