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Electronic know your customer (eKYC) involves the use of internet or digital means of identity verification. [8] This may involve checking information provided is valid by using systems to validate ID and proof of address documents or by checking information against government databases such as the official passport database of a country. [9]
The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
Aadhaar (Hindi: आधार, lit. 'base, foundation') [7] is a twelve-digit unique identity number that can be obtained voluntarily by all residents of India, based on their biometrics and demographic data. [8] The data is collected by the Unique Identification Authority of India (UIDAI), a statutory authority established in January 2016 by ...
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The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
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