MAS Financial Services Limited Receives UIDAI Approval for Sub-Authentication and eKYC Agency Status

MAS Financial Services Limited Receives UIDAI Approval for Sub-Authentication and eKYC Agency Status
<h1>MAS Financial Services Limited Receives UIDAI Approval for Sub-Authentication and eKYC Agency Status</h1>

MAS Financial Services Limited has secured approval from the Unique Identification Authority of India (UIDAI) for its appointment as a Sub-Authentication User Agency (Sub-AUA) and a Sub-eKYC User Agency (Sub-KUA). This designation is granted under Protean eGov Technologies Limited.

The approval allows MAS Financial Services Limited to perform critical functions related to identity verification using Aadhaar facilities. The company will operate as the Sub-Authentication User Agency for availing the Aadhaar Yes/No Authentication facility and concurrently serve as a Sub-eKYC User Agency for utilizing the Aadhaar e-KYC Authentication facility.

This strategic authorization positions MAS Financial Services Limited within key national identity verification processes.

Key details regarding the approval, granted by the Unique Identification Authority of India (UIDAI), include:

ParticularsDetails
Regulatory/Licensing AuthorityUnique Identification Authority of India (UIDAI)
Approved RoleSub-Authentication User Agency (Sub-AUA) and Sub-eKYC User Agency (Sub-KUA) under Protean eGov Technologies Limited
Operational ImpactAuthorized to operate as a Sub-AUA for Aadhaar Yes/No Authentication and as a Sub-KUA for Aadhaar e-KYC Authentication.
Validity PeriodThe license is valid for two years from the date of receiving access to the pre-production environment.

MASFIN Stock Price Movement​

MAS Financial Services Limited settled today, shedding 0.16% to close at ₹319.8 after trading in the market session. Shares had experienced a volatile day, trading within an intraday range of ₹318.8 and ₹329.9.
 

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