Welcome to Kokan Mercantile Co. Op. Bank Ltd.

About Aadhar Link Account

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Aadhaar Link Account

LPG for domestic cooking is heavily subsidized. in order to restrict the use of subsidized LPG, for the benefit of genuine domestic customers, every household is permitted only one registered LPG connection in the name of one of the family members. however, every registered customer is entitled to receive refills as per his domestic cooking need.

1. Aadhaar is providing a unique opportunity to every resident of the country.
2. Integrating the Aadhaar number of the resident, by a one-time validation process, to identify the beneficiaries of subsidized LPG across the OMCs will help to clean their digitized data base, by de-duplicating the Aadhaar numbers.
3. Currently, domestic LPG is supplied at a subsidized price and the subsidy component is designed to be paid by the government directly to the OMCs.
4.It is desirable for the government to distribute LPG in the entire supply chain at the market price, removing the incentive for its diversion.
5. The integration of Aadhaar Number of the beneficiary and performing Aadhaar Authentication at the time of service delivery will enable the government to consider leveraging the Aadhaar Enabled Bank Account of the beneficiary.
6. The subsidy amount will be directly credited for a verified residential delivery. In such a scenario LPG can be supplied at the market price.

On opening an AADHAAR ENABLED KMCB BANK ACCOUNT following benefits will be directly credited in your account :
1. Domestic Gas Subsidy
2. State & Central Government Salaries
3. Scholarships
4. Retirement Pensions and more…

How to link ?
Simple Steps for Instant Government Subsidy gain
Step 1 - Open an account with KMCB Bank
Step 2 - Provide AADHAAR card number
Step 3 - Link your new account with AADHAAR card

If you are already a KMCB Bank customer
Step 1 - Provide AADHAAR card number
Step 2 - Link your existing account with AADHAAR card
Step 3 - The Gas subsidy will be directly credited to your account.
The government subsidies will be directly credited to your account! we are committed to offer aadhaar enabled services to our customers for receipt of various government subsidies / schemes through our branches and other delivery channels of the bank for financial inclusion project of Govt. of india.

For Existing Accounts
● 1. Provide a self-attested xerox copy of the AADHAAR card
● 2. Fill the KMCB mandate form to link the account to government subsidy payment through aadhaar number.

For New Accounts
● 1. Open a KMCB savings account
● 2. Give AADHAAR card xerox as the identity proof along with pan card (self attestation must)
● 3. Fill KMCB mandate form to link this account to government subsidy through AADHAAR Number.

For those who have not yet received AADHAAR Card
● 1. Open a KMCB savings bank account, if you do not have the same.
● 2. Collect your 15 digit account number from the branch.
● 3. While applying for AADHAAR Card, submit details (As referred in Part C - Financial information of AADHAAR Card Application Form)
◈ Tick in the box to link existing bank account to AADHAAR
◈ Mention Bank Name & 15 digits account number
● 4. Submit mandate to the branch along with xerox copy of AADHAAR application form.

For those who have applied but not received the AADHAAR Card
● 1. While applying for AADHAAR Card, submit details (As referred in Part C - financial information of AADHAAR Card application form)
◈ Tick in the box to link existing bank account to AADHAAR
◈ Mention Bank Name & the 15-digit account number.
● 2. Submit mandate to link your account to AADHAAR.
● 3. Submit a xerox copy of the application form.

Harbour Crest, Mazgaon T.T., Mumbai - 400 010.

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