shot-button
Subscription Subscription
Home > News > India News > Article > Aadhaar PAN to be linked to insurance policies by March 31 2018

Aadhaar, PAN to be linked to insurance policies by March 31, 2018

Updated on: 18 December,2017 04:49 PM IST  |  New Delhi
IANS |

On November 8, the IRDAI had directed the insurers to link Aadhaar and Pan Card numbers with insurance policies

Aadhaar, PAN to be linked to insurance policies by March 31, 2018

India's insurance regulator on Monday extended the time to link Aadhaar number to insurance policies till March 31, 2018. In a circular issued on Monday to all the life, non-life (including standalone health insurers) the Insurance Regulatory and Development Authority of India (IRDAI) said the date of submission of the Aadhaar Number and Permanent Account Number or Form 60 by clients to reporting entity is March 31, 2018.


Aadhaar, PAN to be linked to Insurance Representational Picture


The IRDAI cited the central government's gazette notification on December 13, relating to Prevention of Money-Laundering (Maintenance of Records) (Seventh Amendment) Rules, 2017. On November 8, the IRDAI had directed the insurers to link Aadhaar and Pan Card numbers with insurance policies.


"These rules have statutory force and, as such, life and general insurers (including standalone health insurers) have to implement them without awaiting further instructions," the IRDAI had said in a statement.

Catch up on all the latest Mumbai, National and International news here

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK