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Home FINANCE Big News for PF Account Holders! Update KYC in EPF account, otherwise...
  • FINANCE

Big News for PF Account Holders! Update KYC in EPF account, otherwise interest money will stop – check process

By
Pravesh Maurya
-
November 4, 2022
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    New Delhi. Employees’ Provident Fund Organization (EPFO) has allowed subscribers to update Know Your Customer (KYC) in Employees’ Provident Fund (EPF).

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    Subscribers can update KYC through EPFO’s online portal epfindia.gov.in. If your EPF account is not KYC compliant then EPFO ​​can reject the claim request of the subscribers. You can update your KYC information sitting at home through UAN (Universal Account Number) EPFO ​​(Employees Provident Fund Organization) portal. For this you will need UAN.

    If KYC is updated then there is no problem in money transfer or withdrawal. In case of non-updation of KYC, claim requests will be rejected. If you have not submitted the KYC documents, then the EPF member will not get any SMS alert.

    How to update KYC online

    Step 1: First of all, you have to go to the EPFO ​​member portal.
    Step 2: Now you have to login by entering your 12 digit UAN number, password and captcha code.
    Step 3: After login, a new page will open. In which you will see Manage written.
    Step 4: From here select the ‘KYC’ option.
    Step 5: A new page will open with a list of different document types. Enter the document number, name as per the document and other details like IFSC in case of bank details and expiry date in case of passport and driving license.
    Step 6: Now click on ‘Save’.
    Step 7: The status of the KYC document will appear in the column ‘KYC Pending for Approval’.
    Step 8: The ‘Digitally Approved KYC’ state will appear after the documents are verified by the employer. Also, SMS will be received on your registered mobile number.

    These documents will come in handy

    for KYC update Aadhar Number, Permanent Account Number (PAN), Bank Account Number, Passport, Driving License etc. will be useful.

    Let us tell you that the Employees’ Provident Fund Organization has started the process of adding interest to the account of its account holders . EPFO gave this information by tweeting on 31 October. Responding to a user’s query, the organization said that the process of transferring interest has been started and soon the money will reach the beneficiaries’ account. Apart from this, EPFO ​​also said that no one will suffer any kind of loss in interest.

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    • TAGS
    • interest money
    • PF account holders
    • Provident Fund Organization
    • Update KYC in EPF account
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      Previous articleRailway Concession to Senior Citizen: Good News! Senior citizens will getcin rail fare again! check details instantly
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      Pravesh Maurya
      Pravesh Maurya
      https://www.rightsofemployees.com/
      Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com
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