How to Link Aadhaar Card with SBI Bank Online

Aadhaar is a biometric identification system that was implemented by the Government of India in order to be able to bring all residents under one identification system. The Aadhar card has a number of uses namely, proof of ID, proof of address and to avail government benefits. It is an identification system that would cater to all the requirements of people who are residents of India. Individual identification system is favoured in many nations as it helps the government to provide targeted services to individuals and enhances the safety and security of the country. Currently the worlds largest biometric ID system, the Aadhar card system is a 12-digit unique code that is assigned to Indian residents. It plays a significant role in availing many benefits including government schemes. Its reach is likely to spread far and wide in the near future.

The State Bank Group, the largest banking group in the country, has over 23,000 branches across India, which is unrivalled by any other banking group. SBI Life Insurance strives to be the most trusted and preferred life insurance provider to the masses catering to a wide and diverse customer base. Its relevance in every area and the accessibility is what makes it a reliable banking service provider.

The Insurance Regulatory and Development Authority of India (IRDAI) has made it compulsory for all policy holders to link Aadhar with SBI Life Insurance. This decision has been taken in the backdrop of the Aadhaar Act 2016 (Targeted Delivery of Financial and Other Subsidies, Benefits and Services), with an aim to nab black money hoarders. SBI Life has made provisions for its customers to link policies online as well as offline. Aadhaar has grown to be the world’s largest biometric identification scheme as the population of India is continually growing and is presently enormous. Linking Aadhaar with an SBI life insurance policy can be done easily online as well as offline.

Those who wish to link their Aadhaar to their SBI Life Insurance policy can use two modes. Given below are the steps to seed Aadhaar with your SBI Life Insurance policy.

ONLINE MODE OF LINKING AADHAAR AND SBI

Linking Aadhaar and SBI life insurance policy is easy and can be completed by following few simple steps mentioned below:

Step 1: Log on to SBI’s official life insurance page. On the home page, there will be an option to link Aadhaar and PAN card. Once you click on it, you will be redirected to a new page.
Step 2: You will get an option to choose between entering your policy number or customer ID. You will now be required to enter your date of birth and the text verification. Then click on “Submit”.
Step 3: You will be redirected to a new page where you will have to enter details of your policy and your Aadhaar and PAN details.
Step 4: Once you click on “Submit”, you will receive a message if your Aadhar update was successful or it was unsuccessful.
 

OFFLINE MODE OF LINKING AADHAAR NUMBER AND SBI

SBI also provides an offline mode for linking the 12-digit Aadhaar number to SBI Life insurance for the individuals who don’t have access to the internet. Given below are the steps that will guide you on how to link Aadhaar and SBI Life Insurance:

Step 1: You will need to visit the nearest SBI branch for seeding your Aadhaar number with your Policy number.
Step 2: You will be required to carry your Aadhaar card and PAN card as well.
Step 3: The next step would be to request for an Aadhaar update form from the bank.
Step 4: You will now receive a form in which all essential details must be filled. You must fill in the details correctly and cross-check.
Step 5: Now you will be required to attach self-attested copies of Aadhaar card and PAN card along with the form.
Step 6: The last step would be to submit the form. After submitting, once the verification is done, your PAN card and Aadhaar card details will get updated in the policy.
 

HOW TO LINK AAHDAAR WITH SBI THROUGH ‘MY ACCOUNT’

Users can log in to their SBI life insurance account and seed Aadhaar and PAN from there as well. It is a very simple process that can help you link Aadhaar with SBI through My Account. Below mentioned are the steps that you can follow to link Aadhar with SBI Life Insurance:
Step 1: Visit the SBI website and log on to your SBI Life account at  https://mypolicy.sbilife.co.in/
Step 2: Your policy details will be previewed there. You would be required to select the “Update PAN/Aadhaar Number” from the “Profile Related” Section.
Step 3: Your next step would be to enter your PAN and Aadhaar Number, tick the declaration and click on the “Submit” button.
Step 4: This step includes the acceptance of your application being submitted successfully.
Step 5: Upon submission and verification, you will receive a message upon your submission being successful Aadhaar and PAN linking.
 

POINTS TO REMEMBER

You should keep following points in mind while linking Aadhaar with your insurance policy:
 

• Keep your documents such as Aadhaar card, PAN, policy number, etc. handy.

• In case you do not have a PAN card, submit form 60 along with your request.

• The form 60, if submitted in digital form, has to be within the prescribed limit of 3.5 MB

• Do not access your account from a public computer to prevent your data from being compromised.

• Your mobile number does not need to be linked with Aadhaar to avail this facility.

• You should seed your mobile number and email id with your insurance policy to get timely updates about the status of your updation.
   

DOCUMENTS NEEDED TO LINK SBI LIFE INSURANCE POLICY TO AADHAAR

For linking 12-digit Aadhaar number to SBI life insurance, you should keep these documents ready:

• PAN Card

• Policy

• Aadhaar Card
   

FAQs ON LINKING AADHAAR AND SBI LIFE INSURANCE

Q. I don’t have Aadhaar card, what should I do?
If you do not have an Aadhaar card, you can visit an enrolment centre near you to apply for one. If you have already applied for one and have not yet received it, you can use the enrolment number on the acknowledgement slip as a temporary substitute for your Aadhaar number.

Q. I have some doubts regarding the linking process. Is there any toll free number to contact?
Yes, a toll free number is provided here for your assistance: 1800 22 9090 (Customer Service timings: 9:00 a.m. to 9:00 p.m., seven days a week). Send SBI an email at [email protected] or send and SMS Solve to 5616

Q.  Will linking my Aadhaar card affect the tax benefits I can avail under the life insurance policy?
No, you will still be eligible to claim tax benefits under your life insurance policy.