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Karvy launches Aadhaar enrollments in Uttar Pradesh

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Announcement Corporate
Last Updated : Jan 20 2013 | 2:17 AM IST

Karvy Group, country’s largest integrated financial services provider, through its group company Karvy Data Management Services Limited (KDMSL), has launched its UID operations in Uttar Pradesh by opening its first office at Lucknow  for the enrollment of Aadhaar (UID) under National Securities Depository Ltd. (NSDL) - the registrar for implementation of UID mission in India named as Aadhaar scheme that will issue a Unique Identification Number to every Indian resident linked with their demographic and biometric information.

Under the enrollment process, each Indian citizen will be required to fill a simple form giving supporting documents for proof of address, age and identity. During enrolment, Karvy personnel will take a photograph, capture finger prints and iris for all citizens who are above the age of 5 years. For the children below 5 years the enrollment would require only a picture to be taken at the enrollment station and the biometrics being taken on completion of 5 years and updation on completion of 15 years.

Honorable District Magistrate of Lucknow, Shri Anil Kumar Sagar inaugurated the Aadhaar enrollment office of Karvy Data Management Services Limited (KDMSL) and shared his thoughts on the importance of Aadhaar for each Indian citizen.

Mr. Viiveck Verma, CEO of Karvy Data Management Services Limited said “We are proud to be a part of the Aadhaar scheme which is one of the most prestigious and developmental initiatives taken in our country in recent times. The UID project will bring tremendous benefits to lakhs of Indians who currently do not have any valid identity proof and we at Karvy will put in our best efforts in facilitating the process that will empower all the Indian residents.”

Under the Aadhaar Scheme all the citizens of India will be enrolled free of cost for their UID letter which they can use to identify themselves anywhere in India and also access a host of benefits and services.

“We will be launching enrolment services across all Karvy offices in Uttar Pradesh and shall be additionally conducting UID camps to enroll citizens in several areas of the state” added  Mr. Nitin Saxena – Zonal Head (North) at Karvy.

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About Karvy Data Management Services Limited
Karvy Data Management Services Limited, a fully owned subsidiary of Karvy Stock Broking Limited, is one of the leading service providers for data management services to large corporates in the telecom, banking, e-governance, insurance and record management verticals. KDMSL is best positioned to achieve leadership position by tapping the Indian retail sector boom, through a combination of Karvy’s extensive branch network and proprietary IT backbone. Needless to say, KDMSL is run as an independent outfit with seasoned professionals on board, who have decades of expertise in the industry.

About Karvy Group:
The Karvy Group is a premier and leading integrated financial services company. Karvy services over 67 million investors in various capacities, and provides investor services to over 500 corporates.

The Karvy Group also covers the entire spectrum of financial services such as Stock broking, Depository Participants, distribution of financial products (mutual funds, bonds, fixed deposit, equities), Insurance broking, Commodities Broking, Personal Finance Advisory Services, Merchant Banking & Corporate Finance, Wealth Management, NBFC, Placement of equity, IPOs, apart from Registry business. Such diversified offerings allows for scale, stability, and agile solutions for the financial markets. Karvy is focused on understanding its customer needs which helps in customizing/offering solutions which are best suited for clients.

Karvy’s proven research capabilities and intelligence are the backbone for its various business divisions. This enables the design of new solutions and services, provides new insights to markets, predicts trends and arms the clients to make informed decisions.

To know more about Karvy’s businesses and services offerings please visit http://www.karvy.com

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First Published: Jun 27 2011 | 7:31 PM IST

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