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NPCI links 15 crore bank accounts with Aadhaar number

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Press Trust of India New Delhi
National Payments Corporation of India (NPCI) today said it has linked 15 crore bank accounts with Aadhaar number.

NPCI is the nodal agency for all retail payment systems under the Jan Dhan scheme.

"NPCI, the umbrella organisation for all retail payments system in India, reached a major milestone of successfully linking 15 crore bank accounts with Aadhaar number," it said in a statement.

Soon all beneficiaries of all types of government subsidiaries/benefit transfers will be brought under the linkage programme, it said.

"The current focus is on linking the bank accounts of 17 crore DBTL (direct benefit transfer) beneficiaries with Aadhaar numbers, latest by June 30, 2015," it said.
 

NPCI MD and CEO A P Hota said such a framework of electronic benefit transfer would not only be unique but also be one of the largest in the world.

"The extent of leakage prevented due to this unique system would be visible on completion of running the scheme for about a year," he added.

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First Published: Mar 06 2015 | 7:22 PM IST

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