Aadhar: From July 1st reduced to 8 per day

New Delhi, June 01: In a major relief to banks, the Unique Identification Authority of India(UIDAI) has halved the daily minimum Aadhaar enrolment targets for stipulated bank branches from July.

Banks had a target of logging 16 enrolments daily at 10 percent of their branches. From July 1, this has been reduced to 8 per a day, according to a circular issued by the UIDAI. It also said that banks which achieve the fresh targets for July will not have to face "financial disincentives" up to that month.

This target has to be met by banks in three phases. As per the circular, which has been seen by PTI, these targets will be raised to a minimum of 12 per day per branch from Oct. 1, and to 16 from January 2019. These numbers will be seen on a cumulative basis against the total target of the bank.

The relaxation has come in view of the progress made by banks in meeting the target on setting up Aadhaar centers and the "field difficulties" cited by the banks.

"In case a bank fails to meet the target of carrying out minimum enrolment or updating per day per branch, financial disincentive in respect of uncovered branches as on last day of the month will be levied from July 2018 onward", a government official told media.