Declaration:

  1. I hereby declare that I have not opened nor will open any other account using OTP based KYC from any other Regulated Entity as specified under KYC master direction, 2016 and Aadhar Act, 2016
  2. I hereby state that I have no objection in authenticating myself with Aadhaar based authentication system and consent to providing my Aadhaar number, Biometric and/or One Time Pin (OTP) data (and/or any similar authentication mechanism) for Aadhaar based authentication for the purposes of KYC for opening this account and availing of the Banking Services from NSDL Payments Bank. Upon authentication my Aadhar related demographic details shall be shared by UIDAI with the Bank
  3. I understand that the Biometrics and/or OTP and/or any other authentication mechanism I may provide for authentication shall be used only for authenticating my identity through the Aadhaar Authentication system for that specific transaction and for no other purposes.
  4. I understand that NSDL Payments Bank shall ensure security and confidentiality of my personal identity data provided for the purpose of Aadhaar based authentication and shall not publish, display or post publicly, except for the purposes as may be specified by regulations, my Aadhar related information including Aadhar number, core biometric information as covered under Aadhar Act, 2016. I also understand alternative methods of KYC exist with the Bank and have been informed of the same.
  5. I also understand that NSDL Payments Bank shall not retain my Aadhaar number or any document or database containing my Aadhaar number for longer than is necessary for the purpose specified above.
  6. I also understand that Bank utilizes this Aadhar based authentication services by UIDAI for delivering the services under welfare schemes or notification(s) issued under Section 7 of Aadhaar Act, 2016 or for any other purpose which is backed by law.