IRDAI mentions in a circular that the use of Aadhar and accessing of personal information of Unique Identity Authority of India (UIDAI) for e-Know Your Customer (e-KYC) purposes can only be done only on the voluntary consent of customer.
“The information downloaded from UIDAI shall be considered as sufficient information for the purpose of KYC verification,’’ the authority said.
In case material difference is observed either in the name or the photograph in Aadhaar is not clear, the insurer should carry out additional due diligence and maintain a record of the additional documents sought.