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.
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.
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.
How to update Bank Account Details in UAN?
यूएएन में बैंक खाता विवरण कैसे अपडेट करें?#EPFO #ईपीएफओ #service #socialsecurity pic.twitter.com/cSsRlU8uTL
— EPFO (@socialepfo) January 4, 2022
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 Small Cap Mutual Funds With Highest SIP Returns in 1 Year: Rs 33,333 monthly SIP investment in No 1 fund has zoomed to Rs 4,93,155
SBI 400-day FD vs Bank of India 400-day FD: Where will investors get higher returns on investments of Rs 4,54,545 and Rs 6,56,565?
Power of Compounding: In how many years, investors can achieve Rs 6.5 cr corpus with monthly salaries of Rs 20,000, Rs 25,000, and Rs 30,000?
5X15X25 SIP Strategy: Is it possible to create Rs 1,64,20,369 corpus with Rs 5,000 monthly SIP investment?
05:54 PM IST