In important news for bank customers, the State Bank of India (SBI) recently announced that it is mandatory for its customers to link Aadhaar card with their bank accounts if they wanted to receive benefits from the government. This means that if the SBI customers failed to do so, they may not receive the Direct Bank Transfer (DBT) to their accounts from the government.
“We would like to inform our customers that Aadhar Card seeding is mandatory for those desirous of receiving any benefits or subsidy from Govt. of India through Direct Benefit Transfer,” said the SBI, in a tweet.
It should be noted that all bank customers are not mandated to link their Aadhaar card with their bank accounts as per a decision by the Supreme Court of India. It is for those customers who get government subsidies through the DBT who need to mandatorily link their Aadhaar card with the bank account.
The customers can check if their Aadhaar card was linked to their bank account by visiting…