Home First Finance Allowed Aadhaar Authentication Under PMLA

The Ministry of Finance, Department of Revenue, has issued a notification dated July 1, 2026 under the Prevention of Money-laundering Act, 2002 (PMLA), permitting Home First Finance Company India Limited to perform Aadhaar authentication for the purposes of Section 11A of the Act. Exercising the powers conferred by the proviso to Section 11A(1), the Central Government stated that the reporting entity would comply with the privacy and security standards prescribed under the Aadhaar Act, 2016. The notification records that the decision was taken after consultation with the Unique Identification Authority of India (UIDAI) and the appropriate regulator, the Reserve Bank of India (RBI). Based on this satisfaction, the Central Government has authorised the company to carry out Aadhaar authentication in accordance with the Aadhaar Act for the purposes specified under Section 11A of the Prevention of Money-laundering Act, thereby enabling it to undertake Aadhaar-based authentication as a reporting entity under the notified legal framework.

MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 1st July, 2026

S.O. 3521(E).— In exercise of the powers conferred by proviso to sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003) (hereinafter referred to as the Money-laundering Act), the Central Government being satisfied that the reporting entity mentioned in the Table below shall comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016) (hereinafter referred to as the Aadhaar Act), it is necessary and expedient to do so, after consultation with the Unique Identification Authority of India established under sub-section (1) of section 11 of the Aadhaar Act and the appropriate regulator, namely, the Reserve Bank of India, hereby permits the said reporting entity to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money-laundering Act, namely:-

Table

[F.No.P-12011/11/2021-ES Cell-DOR-Part(1)]
SAURABH KUMAR, Director