Finance Ministry Grants Aadhaar Authentication Permission to Home First Finance

Last updated: 06 July 2026


Quick Summary
The Ministry of Finance has granted Home First Finance Company India Limited permission to conduct Aadhaar authentication. This authorisation, issued under the Prevention of Money Laundering Act (PMLA), 2002, allows the company to use Aadhaar for customer identification and verification. The move aims to streamline Know Your Customer (KYC) processes, enhance identity verification, and improve compliance with anti-money laundering regulations, potentially leading to a smoother onboarding experience for customers.

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,
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

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.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Click here to Login and post comments    OR



More »


Popular News





CCI Pro



Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details