[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub Section (1)

Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 29th September, 2017

NOTIFICATION

G.S.R. 1243(E)– In exercise or the powers conferred by section 3 of the Public Provident Fund Act, 19138 (23 of 1958), the Central Government hereby makes the following Scheme Further to amend the Public Provident Fund Scheme. 1968, namely –

(1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2017.

(2) They shall come into force on the data of their publication in the Official Gazette.

2. In the Public Provident Fund Scheme, 1968-

(i) in Paragraph 2, for clause (a), the following clauses shall be substituted, namely:.

“(a) ‘Aadhaar number’ means an identification number as defined in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2018);

(aa) ‘Account’ means a Public Provident Fund Account under this Scheme;”

(ii) after paragraph 4, the following paragraph shall be Inserted, namely:-

“(4A) Identification of Account holders. – The Aadhaar number shall be the unique identifier for the purpose of establishing the identity of an account holder

Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar.

Provided further that every depositor under this scheme who has not given his Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the Post Office Savings Bank or Accounts Office concerned, on or before the 31st day of December, 2017. “.

[F. No. 1/3/2015-NS.II]

(Prashant Goyal)
Joint Secretary to the Government of India)

Note: The principal Scheme was notified vide G.S.R. 1138(E), dated 15.6.1968 and amended vide G.S.R. 368 (E), dated 1.8.72, G.S.R. 217 (E). dated 16.3.83, G.S.R. 54(E), dated 7.2.84, G.S.R. 895(E), dated 23.6.86, G.S.R. 1013(E), dated 20.8.86, G.S.R. 793(E), dated 29.8.89, G.S.R. 477(E), dated 25.6.94, G.S.R. 489(E) dated 6.7.99, G.S.R. 908(E), dated 8.12.2000, G.S.R. 879(E), dated 4.10.2002, G.S.R. 768(E), dated 15.11.2002, G.S.R. 585(E), dated 25.7.2003, G.S.R. 690(E), dated 27.8.2003. G.S.R. 755(E), dated 19.11.2004, G.S.R. 291(E), dated 13.5.2006; G.S.R. 956(E), dated 7.12.2010, G.S.R. 844 (E), dated 25.11.2011 and 225(E) dated 13.3.2014, G.S.R. 496 (E), dated 11.7.2014, G.S.R. 588(E), dated 13.8.2014, G.S.R. 350 (E) dated 29.3.2016, G.S.R. 940 (E), dated 30.9.2017 and G.S.R. 388(E), dated 31.3.2017 and G.S.R. 860 (E), dated 30.6.2017.

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2 responses to “Aadhaar mandatory for PPF; Existing depositors to updates by 31.12.2017”

  1. S.P.Singh says:

    Whether the linkage of aadhaar is necessary for individuals who are not employed to government etc.but are self-employed or professional who have their PPF Account in PSU Banks?

  2. GANDHI MOHAN BHARATI says:

    Aadhaar Aadhaar everywhere and people run from Pillar to Post !!!!!
    Recently, consequent to Supreme Court Directive, people gave their Aadhaar and re-verified their SIM cards.
    Presto !!! The Airtel SIMs got recharged with the Gas Subsidy due to those customers who had their Airtel mobile. Worst still such persons MNGRega oay also went towards recharge of their SIM cards !!!!!
    This is because all subsies of Govt fo to where Aadhaar is linked last. I had brought it to the notice of the CEO of UIDAI and NPCI so that they distinguish between “Linking” and “Seeding”.
    I am amused at their parrot like reply “Comntact Your Branch Manager of the Bank”.
    Do they deserve to be at their exhalted post drawing Fat Salary at Tax Payers’ cost ?

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