Employees Provident Fund: How to vary checking account quantity for PF withdrawal

For Provident Fund (PF) withdrawal, the Employees’ Provident Fund Organisation (EPFO) has made sure guidelines for EPFO subscribers. After the introduction of UAN (Universal Account Number), which is a novel 12-digits code like one’s PF account quantity, one can simply withdraw one’s PF/EPF cash on-line. However, it has been discovered that generally a PF account holder desires credit score in a checking account, which isn’t linked with EPFO. In that case the EPFO member must right or replace one’s financial institution particulars accessible with the EPFO and guarantee clean and well timed credit score.

To change one’s checking account hooked up with the EPFO, the EPFO member must log in on the EPFO member portal — unifiedportal-mem.epfindia.gov.in/memberinterface/ and log in utilizing one’s ID and password. After that, the EPF account holder must observe some easy steps that may assist her or him change its checking account hooked up with the EPFO.

Here is the step-by-step information for altering checking account quantity for PF withdrawal:

1] Log in on the EPFO member portal — unifiedportal-mem.epfindia.gov.in/memberinterface/;

2] Enter your Log-in ID and password on the house web page;

3] Click at ‘Mange’ possibility;

4] Select ‘KYC’ possibility there within the drop-down;

5] Select ‘Documents’ and enter ‘Bank’;

6] Enter the checking account quantity and its IFSC code;

7] Click at ‘Save’ possibility within the backside;

8] After saving the brand new financial institution particulars, it’s going to present ‘KYC pending for approval’; and

9] Now submit the paperwork proof to your employers. Once your employer will confirm your submitted paperwork, the ‘KYC pending for approval’ will become ‘Digitally Approved KYC.’

Once the employer permitted your submitted paperwork, additionally, you will obtain a textual content message from the EPFO for digital approval of your KYC.

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