Ministry of Electronics and Information Technology has said that 25 crore and 25 lakh e-KYC transactions were executed via Aadhaar last month. It is a nearly eight percent jump in such transactions compared with August this year.
The Ministry said that the cumulative number of e-KYC transactions via Aadhaar so far has increased to over twelve hundred ninety-seven crore by the end of September this year.
It said Aadhaar e-KYC service is increasingly playing a crucial role for banking and non-banking financial services by providing better and transparent customer experience and ease of doing business.
The Ministry said that the digital ID is helping various ministries and departments in the centre and at states in improving efficiency, transparency and delivery of around one thousand welfare services to the targeted beneficiaries.
