Financial Inclusion-Opening of Aadhaar Enabled Bank Accounts (AEBA)

RBI/2011-12/610
RPCD.CO.RRB.BC.No. 88/03.05.33/2011-12

June 19, 2012

The Chairmen
All Regional Rural Banks(RRBs)

Madam / Dear Sir,

Financial Inclusion-Opening of Aadhaar Enabled Bank Accounts (AEBA).

Please refer to our Circular RPCD.CO.BC.FID No.16/12.01.019/2011-12 dated August 12, 2011 forwarding the Operational Guidelines on implementation of Electronic Benefit transfer (EBT) and its convergence with Financial Inclusion Plan (FIP).

2. In view of the timelines attached to the implementation of EBT for routing MGNREGA wages and social security benefits including proposed cash transfers in respect of subsidies on Kerosene, LPG and Fertilisers, you are requested to ensure opening of Aadhaar Enabled Bank Accounts (AEBA) of all the beneficiaries including those residing in villages with less than 2000 population.

3. Please acknowledge receipt.

Yours faithfully

(C. D. Srinivasan)
Chief General Manager