(LiveMint)
With the Unique Identification Authority of India (UIDAI) mandating the implementation of Virtual ID from 1 July, the way financial institutions have been verifying information about customers is going to change. Virtual ID is a 16-digit random number mapped with the Aadhaar number. It can only be generated, replaced or revoked by the Aadhaar number holder. “It will not be possible to derive the Aadhaar number from the Virtual ID,” a circular issued by UIDAI in January said. There will only be one active and valid Virtual ID for an Aadhaar number at any given time.
Aadhaar number holders can generate Virtual ID from the UIDAI website, Aadhaar enrolment center or the mAadhaar app. All that the user needs to ensure is that their mobile phone number is linked with the Aadhaar database so that they can receive an OTP or one-time password to generate VID. The facility has been rolled out by UIDAI from 2 April.
