Purpose of Aadhaar

• Answering the question of "Who am I?"
• Not replacement for others IDs
• Not supposed to be mandatory document

Minimal information collection due to 1.2bn unique individuals

• Name, DoB, Gender and Address
• Address to deliver Aadhaar

Iris data collection due to agrarian population fingerprints balded due to manual labor

Aadhaar and strong customer authentication

• What you own (eg Debit Card)
• What you know (OTP generated by Aadhaar)
• Who you are (biometric information from Aadhaar)

Aadhaar provides

• Demographic info (DoB, address and gender)
• Biometric info (Iris scan and fingerprint scan)
• One time password generation

"Aadhaar as an address for finance"

MicroATM via business correspondents becomes a tool for financial inclusion

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