Top 10 benefits your Aadhaar card offers you

Creating a centralized ID proof for everyone, Aadhaar card has simplified a multitude of things. Being a reliable identify proof, it has helped in eliminating fake id holders from the society. However, there is much more to this simple but important document.

Listed below are some of the most important benefits of Aadhaar card, which make it a-must-have for every Indian.

  1. Passport in 10 days

Your Aadhaar Card can help you in beating the passport blues. The rule regarding this holds that Aadhaar card number is compulsory while applying for a passport.

  1. Income tax

Using your Aadhaar card, you can verify your filed returns following some simple steps online. This method is convenient and helps you in eliminating the documentation needs.

  1. Opening a new bank account

Cutting down on the need of countless documents, Aadhaar card is acceptable as a valid proof to open a bank account. Moreover, there are various advantages of linking your Aadhaar number to your bank account.

  1. Monthly Pension

In order to receive monthly pension, all the pensioners are required to register their Aadhaar card number to their respective department.

  1. Provident Fund

Similar to getting pension, Aadhaar number is mandatory for provident fund. It is given only to the account holder who has registered their Aadhaar number with employee provident fund organization (EPFO).

  1. LPG and other subsidies

You don’t need to register separately for every government benefit, if you have Aadhaar Unique Identification Number (UIN). It will make all the government-related subsidies reach directly to you.

  1. Digital Locker

Your Aadhaar card number can get you an access to the Government’s online Digital Locker. You can save all your important documents in this locker using your Aadhaar card number.

  1. Aadhaar App

You need your Aadhaar card number for signing up on BHIM App. It is a very useful app which allows the users to make money transaction.

  1. Jan Dhan Yojana

The Pradhan Mantri Jan Dhan Yojana (PMJDY) has made Aadhaar card/number mandatory for opening a bank account to reap benefits.

  1. Investment in stock market

As a matter of fact, Aadhaar card is now accepted as a proof of address by Securities and Exchange board of India for investing in stock market.

Considering the significance and benefits associated with Aadhaar card, it becomes imperative for everyone to get it issued.

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About The Author

Karan Madan is technical information, real estate, education journalist. He brings his experiences, ideas, and thoughts to the foray with critiques and articles on business deals and financial markets.

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