Post Office Extends Aadhaar e-KYC Account Opening Facility For Small Savings Schemes

Opening a post office savings account just got easier. The Department of Posts has launched a paperless process to open key small savings schemes using Aadhaar-based biometric authentication.

Starting April 23, 2025, several such schemes, including Monthly Income Scheme (MIS), time deposit (TD), Kisan Vikas Patra (KVP) and National Savings Certificate (NSC) can now be opened online without any physical paperwork or deposit slip.

The move comes as an extension to the previous rollout on January 6, 2025, wherein Aadhaar e-KYC were enabled for post office Savings Accounts (POSA), for new customers. Now, the same technology is being applied to other popular forms of saving.

The Department of Posts said in a circular dated April 30, 2025, “In continuation, the Aadhaar enabled eKYC process has been enabled for the opening of Monthly Income Account Scheme (MIS), Time Deposit Scheme (TD), Kisan Vikas Patra Scheme (KVP) and National Savings Certificate VIII Issue (NSC) scheme accounts w.e.f 23.04.2025. Accordingly, now the post offices will be able to open the MIS, TD, KVP and NSC scheme accounts of the Single-Individual (Adult) type through Aadhaar authentication using e-KYC CIF.”

How it Will Work

Customer authorisation for Aadhaar-based KYC is validated through the customer’s fingerprint. Next, information, such as name, type of scheme and deposit amount is filled in. Then a second fingerprint is read for the transaction to be confirmed. There is no need for customers to fill out a physical pay-in slip. The information provided during the e-KYC is taken as final for account opening and fund deposit.

Traditional Paper Option Still Available

For those not ready to go digital, the traditional method remains in operation. Customers can still choose to open accounts using deposit vouchers and paper forms if they prefer.

Privacy and Security Measures

Strict guidelines have been issued to protect Aadhaar data. All Aadhaar numbers on documents will be masked. If an unmasked number appears, postal staff are instructed to manually black out the first eight digits. These rules apply across all post offices and Core Banking Solution (CBS) centres.

What’s Next

While Aadhaar-based authentication is now live for account openings, similar features for account closures, transfers, and nomination updates are in development. Until then, these functions will continue through manual processes.

The Department of Posts has also directed that proper e-KYC compliance is carried out for both new and existing customers.