Why Aadhaar card linking is important for bank account? UIDAI explains
Aadhaar card has become a necessary source of information for various services, opening a bank account being one of them. One of the main reasons for linking bank account with Aadhaar card is that it eliminates frauds and safeguards financial credentials of an individual.
Aadhaar is already needed to be linked with PAN and the CBDT has set September 2019 deadline for the same. Source - Reuters.