Aadhaar is a 12-didgit unique identification number that is issued to every resident of India. The government has made it mandatory for every resident to possess an Aadhar card. The main reason being that it signifies a proof of one’s nationality. Every individual goes through a unique process of verification that is laid down by the Unique Identification Authority of India (UIDAI).
CITI Bank is a private financial company and a subsidiary type bank. It has over 2649 branches in 19 countries all around the world. In India, the bank has its headquarters in Mumbai, Maharashtra. Being a multi-national service company, CITI Bank is one of the most trusted banking services in India. It provides customers with various schemes, products and services that leads to surplus amount of benefits. It provides various types of products, services and schemes like personal loans, commercial loans, mortgages, credit cards, etc.
The government has made it a compulsion for individuals to link their Aadhaar to their bank account. It has continually been encouraging people to link their bank accounts with their Aadhaar number, as this makes it possible for the government to access their basic details for customers to avail various subsidiaries and schemes. This process is also called Aadhaar seeding with bank account, it makes services to the customers more efficient and provides a high level of security.
It is important for customers of CITI Bank to link their Aadhaar number with their CITI bank account as per regulations laid down by the government. The bank has made this compulsory for all its customers. In this way they can provide better quality products and services.