Availing a SIM card without an Aadhaar Card is no more a tough process. Customers can go inside a mobile operator’s showroom and get a SIM card by providing biometric and Aadhaar card details. The government’s newly issued e-KYC guidelines likely to make online application and authentication process much faster and simpler for subscribers. The intention behind the move is to cut down time for the activation of SIM.
In e-KYC, customers will authorize UIDAI through their Aadhaar numbers and biometrics. UIDAI will provide demographic details such as name, date of birth, address and gender along photograph with a digit signature to the mobile operator.
Besides saving time and energy, Aadhaar card based e-KYC will also save our environment and tons of money for the telecom operators. Right now, for every paper based KYC procedure, telcos spend around Rs 145 to Rs 175 besides using numerous sheets of papers. And around 7-8 crore new subscribers are added every year.
As per estimation, once every telecom firm start using Aadhaar card based e-KYC, around Rs 10,000 crore can be saved per year.
Besides 24 crore of paper sheets and 50,000 trees would be saved per year, as no paper record would be saved and the authentication would be done completely using digital medium, and records would be extracted from the UIDAI servers under strict surveillance.
Top three telecom operators in India: Bharti Airtel, Vodafone and Idea have already assured that they will start processing Aadhaar based e-KYC procedure within a week, there by fully supporting Govt.’s initiatives.
Gopal Vittal, Managing Director and Chief Executive Officer (India and South Asia), Bharti Airtel, said, “It will contribute to the government’s ‘Digital India’ vision. Airtel plans to start rolling out Aadhaar-based e-KYC solutions this week itself,”
Sunil Sood, MD & CEO, Vodafone India, said, “For Vodafone, it will improve quality of sales as well as regulatory compliance. For the regulator, it not only means a green initiative but also hassle-free governance and accurate audit results,”