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The Ministry of Finance (Department of Revenue) has authorised Home First Finance Company India Limited to perform Aadhaar authentication under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The approval has been granted through Notification S.O. 3521(E) dated July 1, 2026,
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FAQ :
Home First Finance Company India Limited has been authorised by the Ministry of Finance to perform Aadhaar authentication.
The permission has been granted under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The authorisation enables Home First Finance Company India Limited to use Aadhaar authentication for customer identification and verification requirements under the anti-money laundering framework.
Customers may experience a more seamless onboarding process, with faster loan application and account-related procedures due to Aadhaar-based verification.
The Unique Identification Authority of India (UIDAI) and the Reserve Bank of India (RBI) were consulted.
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