te Update bank account in EPFO - step-by-step guide to do it online using UAN | Zee Business

Update bank account in EPFO - step-by-step guide to do it online using UAN

EPF subscribers can easily update or change their bank details at home. 

Update bank account in EPFO - step-by-step guide to do it online using UAN
By using UAN, PF account holders can access their pension fund details in one place, keep a track all their transactions with respect to the PF account. Pic: https://www.epfindia.gov.in/

EPF subscribers can easily update or change their bank details at home. 

Employees Provident Fund Organisation (EPFO) offers its subscribers the means to update their contact information online as part of its digital services. In order to use this service, account holders must have their Universal Account Number (UAN) available.

By using UAN, PF account holders can access their pension fund details in one place, keep a track all their transactions with respect to the PF account. Not only this, they can even update the bank details embedded with the account. UAN serves as a one-stop solution to all the needs of PF account holders without having to physically visit any place or office.

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Here are the steps to follow if you want to update your bank details with your PF account online: 

  • Log in to EFPO's official website with your credentials.
  • On the top menu, click the 'Manage' tab.
  • Choose the 'KYC' option from the drop-down menu, then select 'bank' as the document type.
  • Enter the new bank account information, including the IFSC code.
  • Once you have updated the bank details, click on 'Save'. The updated details will now appear in the KYC pending approval section.
  • Provide your employer with the necessary documents. State Bank of India customers will have their verification done by the bank itself via digital means.
  • Your service request status will change to Digitally Approved KYC when the KYC verification is complete.
  • If the employer or SBI confirms the bank details, EPFO will send a confirmation message.

 

Written By: ZeeBiz WebTeam
Edited By: Shivendra Kumar
Updated: Wed, Jan 05, 2022
05:54 pm
ZeeBiz WebDesk
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