1.1. Is it mandatory for the nominee or authorized person to provide their Aadhaar card along with a signature to the bank for collecting Demand Drafts (DD) and cheques, even if they have already signed on the DD/Cheque xerox copy?
2. What are the guidelines issued by the Reserve Bank of India regarding the submission of Aadhaar cards and signatures for collecting DDs and cheques by nominees or authorized persons who have previously signed on the DD/Cheque xerox copy?
3. Are there any specific rules or requirements set by RBI regarding the verification process for nominees or authorized persons collecting DDs and cheques on behalf of the account holder?
4. In case the Aadhaar card is not submitted, what alternative forms of identification or documentation are considered acceptable by banks for the collection of DDs and cheques by nominees or authorized persons?
5. How does the RBI ensure compliance by banks with regard to the submission of Aadhaar cards and signatures when collecting DDs and cheques on behalf of the account holder?
6 Are there any specific rules or provisions that allow for an exemption from submitting the Aadhaar card and additional signatures when collecting DDs and cheques in cases where the nominee or authorized person has already provided their signature on the relevant documents?
7 What measures does the RBI have in place to ensure compliance by banks with respect to the submission of Aadhaar cards and signatures for collecting DDs and cheques by nominees or authorized persons, particularly in cases where prior signatures are already on record?