Why is a single bank account required for subsidies?

This is to prevent duplicate payments, reduce fraud, and ensure that Direct Benefit Transfers (DBT) reach the intended beneficiary accurately.

Can I have other bank accounts for personal use?

Yes, you can have multiple bank accounts for your personal savings or transactions. This declaration only applies to the single account you designate for receiving government subsidies.

Is notarization necessary for this declaration?

While some departments may accept a simple signed declaration, getting it notarized on stamp paper is highly recommended as it adds a layer of authenticity.

Is this declaration required for PM-Kisan scheme?

Yes, providing a single Aadhaar-linked bank account and a corresponding declaration is a mandatory part of the PM-Kisan e-KYC process.

What happens if I link multiple accounts for DBT?

This can lead to confusion in the system, payment failures, or the suspension of your benefits until you resolve the issue by de-linking the extra accounts.

Can a joint account be used for receiving subsidies?

It depends on the scheme. Many schemes prefer an individual account in the beneficiary's name to avoid ownership disputes. Always check the specific scheme's guidelines.

What stamp paper value should be used?

A non-judicial stamp paper of a nominal value, typically ₹20 to ₹100, is usually sufficient for such declarations.

Can different family members use the same bank account for their benefits?

No, under DBT rules, each beneficiary must have their own individual bank account linked to their Aadhaar to receive benefits.

Can I submit this declaration online?

Many government schemes and scholarship portals now allow you to upload a scanned copy of the signed and notarized declaration during the online application process.

What are the risks of a false declaration?

This can lead to the recovery of subsidies already paid and potential penalties as per the scheme's rules.

Single Bank Account Declaration Format & Generator Online

Single Bank Account Declaration in India: Ensuring DBT Compliance

Direct Benefit Transfer (DBT) has revolutionised how government subsidies and welfare payments reach beneficiaries in India. To prevent duplication, leakage, and ensure efficient delivery, many central and state schemes mandate that benefits be credited to a single designated bank account. A single bank account declaration is a formal undertaking confirming that you will use only one specified account for receiving these benefits, avoiding multiple accounts that could lead to rejection or recovery of payments.

This guide covers the purpose of the declaration, schemes requiring it, preparation process, aspects, submission tips, and how to maintain compliance for uninterrupted benefits.

Why Single Bank Account Declaration is Required

The government enforces the single-account rule to:

Prevent duplicate or excess payments
Streamline tracking and auditing
Reduce fraud and misrouting of funds
Ensure Aadhaar-linked DBT reaches the correct beneficiary
Comply with scheme guidelines and avoid future recovery demands

Major Schemes Mandating Single Account Declaration

Common schemes include:

PM Kisan Samman Nidhi (farmer income support)
PAHAL (LPG subsidy)
National Scholarship Portal schemes (post-matric, merit)
MGNREGA wage payments
Pradhan Mantri Awas Yojana subsidies
Widow/Disability/Old Age Pension schemes
State-specific farmer or unemployment allowances

Non-compliance can lead to withheld payments or recovery of payments.

Key Elements of the Declaration

A comprehensive declaration should state:

Your full name, Aadhaar number, address
Specific scheme name
Bank account details (bank name, branch, account number, IFSC)
Confirmation that this is the only account for DBT benefits
Undertaking not to link multiple accounts
Consent for Aadhaar-based authentication
Date and signature

Step-by-Step Preparation Process

Identify the scheme and its single-account requirement
Generate the declaration using our free tool—enter personal, scheme, and bank details accurately
Download in English or regional language
Print on non-judicial stamp paper (₹50–₹200 value)
Sign before witnesses
Get notarized for added authenticity
Submit with scheme application or update request

Validity and Submission

A notarized declaration on stamp paper carries strong evidentiary value. It is accepted by banks, scheme authorities, and for Aadhaar seeding updates.

Submit via scheme portal upload, bank branch, or designated office.

Costs Involved

Stamp paper: ₹50–₹200
Notarization: ₹100–₹400
Total: Under ₹600

Common Mistakes to Avoid

Incorrect bank details or Aadhaar number
Omitting scheme name
Using plain paper
Skipping notarization where recommended
Declaring multiple accounts later

Practical Tips for Compliance

Choose a zero-balance or PMJDY account for easy DBT
Link Aadhaar and mobile promptly
Prepare multiple notarized copies
Keep records of submission
Update immediately if changing bank account

For bank-related updates, consider a Bank Address Change Application or Bank Account Closure.

Conclusion

A single bank account declaration ensures seamless and uninterrupted receipt of government benefits under DBT schemes. It demonstrates compliance and protects against payment disruptions.

Our free generator creates a professional, scheme-specific declaration instantly—customizable, multilingual, and ready for notarization. Maintain your benefit eligibility effortlessly!

For DBT schemes, visit the DBT Bharat portal or relevant ministry websites.

Single Bank Account Declaration Generator

Complete Guide to Single Bank Account Declaration in India