EPFO Updates: The Employees’ Provident Fund Organisation allows you to change your EPFO bank account details online, from the comfort of your home. You no longer have to face the hassle of visiting the EPFO office for such small tasks.
The EPFO offers several schemes and programs to subscribers to ensure their social security. Having an EPFO account allows employees to invest in schemes and get easy returns by the time of retirement.
Subscribing to an EPFO account also comes with several perks that can be redeemed online on the EPFO website. These services include checking the passbook, tracking the EPF fund, transferring claims, etc.
These simple steps are all one needs to follow in order to change and update EPFO bank account details:
Step 1: Visit the official EPFO online portal, epfo.gov.in.
Step 2: Log in using your UAN number and password.
Step 3: Go to the menu and click on the ‘Manage’ option.
Step 4: From the drop-down menu, click on the ‘KYC’ option.
Step 5: Then, select the ‘Bank’ option on the new page.
Step 6: Now, the option to edit your EPFO bank account number, name on the account, and IFSC code will appear on the page.
Step 7: You can edit the required details and click on the Save button.
On editing and saving the updated information of your account, the online service will show KYC Pending For Approval. You will now have to submit the proof of your updated bank details to your employer for approval.
Once the changes in the EPFO bank details are approved by your employer, they will show in the account and on the online portal. An SMS about the changes will be sent to your registered mobile number.
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