SBI launches Aadhaar-based enrolment for social security schemes 
News Updates

SBI launches Aadhaar-based enrolment for social security schemes

SBI introduced a facility to allow customers to enroll in social security schemes by just furnishing an Aadhaar card

PTI

New Delhi: The country's largest lender State Bank of India on Friday introduced a facility to allow customers to enroll in social security schemes by just furnishing an Aadhaar card.

SBI Chairman Dinesh Khara unveiled the new feature, which will be available at the bank's Customer Service Points (CSPs), that aims to make the process of enrolling in various social security schemes simpler.

Customers visiting CSPs will need only their Aadhaar cards to enrol in schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojana, the Pradhan Mantri Suraksha Bima Yojana, and the Atal Pension Yojana, the bank said in a statement.

Customers will no longer need to carry their passbooks to the CSPs for such purposes, it said.

The aim of the new feature is to empower every section of society by removing barriers for accessing financial security, Khara said, adding that this is expected to significantly widen the coverage of social security schemes.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Hindustan Copper nearly doubles PAT to Rs 920.67 cr in FY26; Q4 net surges 133% on strong volumes

India, UAE sign strategic petroleum reserves, LPG pacts; Abu Dhabi to raise stake in India's oil reserves to 30 mn barrels

SC rules UP cannot levy VAT on inter-state natural gas sales, upholds Allahabad HC order

SEBI says CBDT eases PAN norms for FPIs to streamline onboarding

NBCC secures work orders worth Rs 52.14 crore