Be Ready: Keep PAN, Aadhaar and Other Key Documents Handy in DigiLocker for War like Emergency:

Be Ready: Keep PAN, Aadhaar and Other Key Documents Handy in DigiLocker for War like Emergency With global crises and increased geopolitical tensions prevalent in today's times, being financially prepared is more crucial than ever. While tensions between India and Pakistan are currently on hold but can spark anew if ceasefire violations are perpetrated, keeping one's personal and financial documents secure has become imperative, not an option. Disasters like war, natural calamities, or pandemics like the Covid-19 pandemic can hamper access to crucial information, and thus digital preservation of documents is a prudent and proactive measure. If there is an unexpected evacuation, having all required physical documents contained in one easy-to-carry bag ensures speedy relocation and readiness.

Why Financial Documents' Digital Copies Are Necessary

Keeping digital backups of financial papers ensures availability even if hard copies get lost, tampered with, or become inaccessible during emergent situations. Essential identification records like PAN cards, Aadhaar cards, Voters' IDs, and passports have to be computerized. These can be securely stored on cloud storage systems like Google Drive or on government-approved systems like DigiLocker. Financial planners list that loss of documents at some point can result in delays and undue inconvenience. Having all primary records stored fire and watertight or stored in encrypted cloud storage provides an added safety. Primary records consist of Aadhaar, PAN, passport, property documents, insurance documents, bank statements, investment documents. It is also a good idea to have contact details of nominees and financial advisors, as well as wills or succession documents, safely stored and available.

Safe Digital Storage Practices

When selecting an online site to save personal sensitive information, there are two dominant aspects: securing the personal information and ensuring that a person can recover the information in case of a crisis. Individuals need to ensure that the platform they select is encrypted and protected with a password. Saving sensitive documents in a careless way without adequate protection could lead to exposure of individuals to theft or misusing information. Utilization of DigiLocker, an officially recognized digital storage unit by the government, is advisable as it's safe and easily accessible. But in cases where electricity and internet connection are unavailable, hard copies of IDs and crucial documents also remain equally significant. These easy procedures will equip individuals to handle not only war-time emergencies but also normal situations when vital documents get lost or destroyed.