New Rules for SIM Cards
New sim card rules from 2024

The Centre introduced the aforementioned rule several months ago, however, it has yet to be enforced. Subsequently, the new Rules for SIM Cards, as mandated by the Center, have come into effect as of December 1. These regulations include the following stipulations:

Registration Procedure as of New Rules for SIM Cards:

The new regulations necessitate that PoS agents enter into an agreement and establish contracts with telecom service providers. Licensing arrangements are being put in place to prevent illicit activities. Violation of these regulations will result in a fine of Rs 10 lakh for PoS agents, as well as a minimum three-year suspension of ties with telecom service providers. Sellers have until December 1 of the following year to register in accordance with the new rules.

KYC Rules:

Under the new regulations, it is compulsory to provide demographic information when purchasing or applying for a SIM card. This information will be obtained by scanning the QR code of the individual’s Aadhaar card. New users will be disconnected at least 90 days after a previous user disconnects a number, and those seeking SIM replacements must undergo the KYC process from the beginning. Additionally, outgoing and incoming SMS facilities will be suspended for 24 hours.

Bulk SIM Purchases:

The government has prohibited the bulk purchase of SIM cards to mitigate online fraud. However, for business and corporate purposes, the facility will be available with adherence to KYC guidelines. Nonetheless, information for all users of the SIM will be collected.

Furthermore, the process of acquiring a maximum of 9 SIM cards on a single ID is still in effect.

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