New Delhi: EPFO offers a convenient online facility for account holders to update their bank account details hassle-free through the UAN EPFO portal. As part of its digital services, the Employees Provident Fund Organisation (EPFO) enables subscribers to easily update their information online. To utilize this service, account holders only need to have their Universal Account Number (UAN) ready.
With the UAN, PF account holders can access various features such as viewing their pension fund details, tracking transaction history, and updating bank details linked to their accounts. EPF subscribers can effortlessly change or update their bank information from the comfort of their homes using this method.
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What Is EPFO?
The Employees’ Provident Fund Organisation (EPFO) is a statutory body established under the Employees’ Provident Fund Act of 1956. The creation of the Employees’ Provident Fund dates back to November 15, 1951, with the enactment of the Employees’ Provident Funds Ordinance, which was later replaced by the Employees’ Provident Funds Act of 1952.
EPFO has introduced the Universal Account Number (UAN) for its members. This unique number is assigned to every EPFO member contributing to the Employees’ Provident Fund (EPF) scheme. What’s noteworthy is that the UAN remains constant, even if employees switch organisations.
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Steps To Update Bank Account Details In EPF Account:
Step 1: Go to the EPFO’s member portal and log in using your username and password.
Step 2: Now on the top menu go to the ‘Manage’ option.=
Step 3: Then click on the ‘KYC’ option from the drop-down menu.
Step 4: In the document type, select ‘bank’.
Step 5: Now update your account details like bank account number and IFSC Code, and click on ‘Save’ to proceed.
Step 6: Once your details are saved, you will be able to see them under the ‘KYC pending for approval’ option.
Step 7: Next, submit the document proof to your employer.
Note: After your employer verifies your documents, the status will be shown in the EPFO portal under ‘Digitally Approved KYC’. You will also receive an SMS on your registered mobile number, after approval.
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How To Generate UAN:
Step 1: Visit the official portal of UAN unifiedportal-mem.epfindia.gov.in/memberinterface/
Step 2: Then click on ‘Know your UAN’.
Step 3: On the new page, select your state and EPFO office from the drop-down menu.
Step 4: Then enter your PF number, member ID, and other details like name, date of birth, mobile number and captcha code. Your PF number or member ID will be mentioned on your salary slips.
Step 5: Finally, click on ‘Get Authorisation Pin’, you will receive the same on your mobile.
