Now Open These Popular Post Office Savings Schemes With Just Aadhaar e-KYC - No Paperwork Needed

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NP English
Fri, 02 May 2025 20:45:59 IST
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In a move to simplify savings for millions, the Department of Post has rolled out Aadhaar-based e-KYC for opening key small savings schemes. From April 23, 2025, opening accounts like MIS, TD, KVP, and NSC will require no physical forms or deposit slips - just a biometric verification using Aadhaar.

Post Office Savings Made Simpler


You can now open the following Post Office savings schemes through a fully paperless Aadhaar-enabled e-KYC process:

  • Monthly Income Scheme (MIS)
  • Time Deposit (TD)
  • Kisan Vikas Patra (KVP)
  • National Savings Certificate (NSC)

This facility is currently available for single individual adult accounts.


How the Aadhaar e-KYC Process Works


  • The post office staff will initiate the account opening through the CMISAOP menu.
  • The depositor must provide their biometric authentication twice: once for consent and again to complete the process.
  • There’s no need for a pay-in-slip. The deposit amount mentioned in the Aadhaar-based Account Opening Form (SB-eKYC-AOF) will be considered final.

Easy Fund Transfer From Savings Account
If you're using funds from your Post Office Savings Account:

  • The source account must be a Single or Joint B-type account.
  • No withdrawal form (SB-7) is needed since the process uses biometric authentication.
  • Transactions are auto-posted to ledgers and don’t require manual checks.

No Checker Needed - It’s That Seamless
With Aadhaar authentication, there’s no need for checker-level verification.
All Aadhaar-based transactions, including account openings and fund transfers, will reflect in the eKYC Long Book Report for record-keeping.


What's Next?
While opening accounts has gone digital, services like account closure, nomination changes, and transfers will continue through the traditional method - until biometric features for these are also enabled.

This Aadhaar-based upgrade marks a major leap in digitizing small savings schemes. With no paperwork, instant processing, and secure authentication, saving through post offices just got a lot more convenient.