You must be well familiar with the Aadhaar. It's all over the news. The Aadhaar card is basically an identification document which records and verifies your details. Banks, Financial Institutions and Telecom Companies use Aadhaar as a KYC (Know Your Customer) Verification.
Yes, many banks and telecom companies ask you to link your 12 digit Aadhaar number to your bank account or your mobile number. Want your LPG subsidy? The Government has made Aadhaar mandatory for LPG subsidy. Now, its compulsory to link Aadhaar with PAN, while filing your Income Tax Returns (ITR).
The last date for linking Aadhaar with PAN has been extended to August 31st or your ITR won't be processed. Why, the Government even wants to use the Aadhaar to register deaths to prevent identity fraud.
Now, there's a big problem. There is a growing debate on Aadhaar data being leaked and misused. The legendary former Indian cricket captain MS Dhoni's Aadhaar data was leaked. His wife Sakshi Dhoni even tweeted about it. The center that leaked MS Dhoni's private information, VLE Mariya Farooqui's Common Service Centre (CSE) at Ranchi, Jharkhand, has been blacklisted for 10 years.
With the Aadhaar Enabled Payment System (AEPS) taking off in India and with Aadhaar being linked to your bank account, the big question running through your mind. Is there a way to prevent the misuse of your Aadhaar?
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The Government is doing everything to prevent Aadhaar misuse, but leakages do happen. Worried that your Aadhaar will be misused? You can lock it. Your biometric data consists of fingerprints, iris and the facial photograph. Aadhaar also stores your name, address, date of birth, age, gender, mobile number and email id.
Your fingerprints and iris are used for authentication. If you suspect your biometrics are being misused, you can lock your biometrics (fingerprints/iris). Now, neither you nor anyone else can use these biometrics.
You will have to first access this website
You will receive the successful message of locked Aadhaar Biometric as below.
" Congratulation! Your biometrics is locked."
Your mobile number needs to be registered to avail this service. Your Aadhaar card carries the registered mobile number. If your mobile number is not registered with Aadhaar, visit the nearest enrollment center and get it registered.
After you block your biometrics, your authentication also gets blocked. Any benefits you enjoy like bank transfers will continue, even if you block your biometrics. However, the use of your biometrics gets restricted and you will not be able to authenticate it on any biometric device.
After locking the biometrics if a UID is used for invoking an authentication service using a biometric modality (fingerprint/iris), a specific error code '330' indicating biometrics are locked will be displayed. If you lock your biometrics, you will not be able to complete any biometric-based authentication. But, your biometric information cannot be misused.
You have locked the Aadhaar. But, what if you want to authenticate an Aadhaar-based KYC at a later time? You can unblock the biometrics which results in temporarily unlocking the biometrics, which leaves it usable for a period of 10 minutes. Your biometrics are automatically blocked after 10 minutes.
You will have to first access this website
You will receive the successful message of Aadhaar unblocked. "Your Biometrics is unblocked."
Aadhaar Enabled Payment System popularly called AEPS will soon take off across the country. Your bank account is attached to Aadhaar. With Aadhaar data being leaked and misused it would be wise to learn how to lock and unlock your Aadhaar. Be Wise, Get Rich.
Mr C.S.Sudheer is a management graduate. He started his career with ICICI Prudential Life Insurance and later on worked with Howden India. After his brief stint in Howden India, he moved on and incorporated Suvision Holdings Pvt Ltd which is the sole promoter of IndianMoney.com. He aims to build a nation that is financially literate with investment savvy citizens.