Aadhaar Consent/Terms & Conditions

I/We hereby submit voluntarily at my/our own discretion, the physical copy of Aadhaar Card / physical e- Aadhaar / masked Aadhaar / offline electronic Aadhaar xml as issued by UIDAI (Aadhaar), to AU Small Finance Bank Ltd (the Bank) for the purpose of establishing my/ our identity / address proof and hereby voluntarily grant my consent to Bank for Account Opening/ AEPS financial transactions through Aadhar based e-KYC authentication/Biometric authentication/OTP authentication in my name in individual capacity or in the name of the proprietorship firm/partnership firm/company/LLP/Trust/Society in the capacity of its authorized signatory/ beneficial owner and; hereby consent to the Bank for verification of my/our Aadhaar to establish its genuineness through online/offline verification or any other mode as prescribed or permitted by UIDAI or under any act or law from time to time. The consent and purpose of collecting Aadhaar has been explained to me/us in local language. The Bank has informed me/us that my/our Aadhaar submitted with the Bank herewith shall not be used for any other purpose other than those mentioned above, or as per requirement(s) under applicable law(s). Bank has confirmed that it shall not collect / use / store my/our Aadhaar number or biometric information for any purpose except as permitted under applicable laws.

I hereby declare that all the information is voluntarily furnished by me and same is true, correct and complete. I will not hold Bank or any of its official responsible for any incorrect information provided by me.

I voluntarily opt for Aadhaar OVD (Officially Valid Documents) KYC or e-KYC or offline verification or Biometric authentication, and submit to the Bank my Aadhaar number, Virtual ID, e-Aadhaar, XML, Masked Aadhaar, Aadhaar details, demographic information, identity information, Aadhaar registered mobile number, face authentication details and/or biometric information (collectively, Information).

I understand that the Aadhaar number and core biometrics will not be stored/ shared except as per law and for CIDR submission.
I have downloaded the e-Aadhaar myself using the OTP received on my Aadhaar registered mobile number.
I acknowledge that I have the option to use other OVDs such as Voter ID, Passport, Driving Licence, or latest utility/bank statement instead of Aadhaar for identity verification.
I will not hold the Bank or its officials responsible in the event this document is not found to be in order or in case of any incorrect information provided by me.
The consent and purpose of collecting Information has been explained to me in my local language.
I understand that UIDAI will share my demographic details (such as name, date of birth, gender, and address) with the Bank upon successful authentication, and these details will be used solely for completing KYC.
For minor onboarding, I declare that I am the lawful parent/ legal guardian of the minor and authorized to submit Aadhaar/OVD documents and provide consent on behalf of the minor. I indemnify the Bank against any dispute regarding guardianship/legal-heir status.

It has been informed by the Bank, that:

Submission of Aadhaar is not mandatory, and there are alternative options for KYC and establishing identity including by way of physical KYC with officially valid documents other than Aadhaar. All options were given to me.
For e-KYC/authentication/offline verification, Bank will share Aadhaar number and/or biometrics with CIDR/UIDAI, and CIDR/UIDAI will share with Bank, authentication data, Aadhaar data, demographic details, registered mobile number, identity information, which shall be used for the enabling my account for Aadhaar enabled Payment Services (AEPS).

I authorize and give my consent to the Bank (and its service providers), for following informed purposes:

KYC and periodic KYC process as per the PML Act, 2002 and rules thereunder and RBI guidelines, or for establishing my identity, carrying out my identification, offline verification or e-KYC or Yes/No authentication, demographic or other authentication/verification/identification as may be permitted as per applicable law, for all accounts, facilities, services and relationships of/through the Bank, existing and future.
Collecting, sharing, storing, preserving Information, maintaining records and using the Information and authentication/verification/identification records: (a) for the informed purposes above, (b) as well as for regulatory and legal reporting and filings and/or (c) where required under applicable law;
Producing records and logs of the consent, Information or of authentication, identification, verification etc. for evidentiary purposes including before a court of law, any authority or in arbitration.