Aadhaar Card is Accepted as a valid Proof of Identity and Address by RBI (All Banks), Passport Office India, SEBI (Shares and Mutual Fund), Indian Railway (IRCTC), Indian Post, IRDA (All Insurance Companies), Income Tax Department (PAN and TAN), Employee Provident Fund Org. and Election Commission (Voter Identity Proof)
As per Reserve Bank of India (RBI) has notification from August 2013 and Public Notice by Passport Office India (Seva Kendra) in January 2013, Aadhaar Card will be accepted as a valid proof of identity and address for opening of a bank account under the Know Your Customer (KYC) scheme. SEBI vide Circular No. CIR/MIRSD/ 09 /2012 dated August 13, 2012 has informed that Aadhaar Letter can now be accepted as Proof of Address for satisfying the Know Your Client (KYC) norms. Indian Post wide Master Circular No. 1 on KYC norms in POSB/SC under AML/CFT regime master circular has accepted the aadhaar card. For All General Insurance Companies, IRDA has accepted the Aadhaar as valid address and identity proof through Circular No IRDA/SDD/GDL/CIR/020/02/2013
Different Government Circular for Reference
Press Release by Reserve Bank of India (RBI)
Press Release / Public Notice by Passport Office (Seva Kendra)
The Ministry of External Affairs has decided and accordingly advised all Passport Issuing Authorities to accept Aadhaar Letter/Card as proof of address (PoA) and Photo identity (PoI) in conjunction with any other prescribed documents for proof of address/identity for the purpose of passport application.
This is further clarified that the acknowledgement receipt issued by the UID authorities while applying for Aadhaar card does not constitute Aadhaar Letter/Card. An Aadhaar Letter/Card contains 12 digits Aadhaar No., which would only be accepted as PoI and PoA by Passport Issuance Authorities (PIAs). A sample copy of Aadhaar Letter/Card is enclosed for reference.