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Home business Provident Fund: Here’s how you can change your bank account number for...
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Provident Fund: Here’s how you can change your bank account number for PF withdrawal

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May 5, 2021
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    The second Covid-19 wave has left many jobless or in dire want of funds. Many Provident Fund (PF) subscribers are withdrawing their investments in these powerful occasions to mitigate the influence of the pandemic on their lives. 

    However, many are dealing with troubles in withdrawing PF funding as a consequence of previous bank account particulars. If you want to wish to withdraw your financial savings with the Provident Fund (PF), and are unable to change your bank account number, then you’re not alone, as many face difficulties in updating their bank particulars.  

    Here’s how you can replace your bank particulars related to Provident Fund: 

    1. You first want to go to the workplace EPFO portal, which is https://www.epfindia.gov.in/ or unifiedportal-mem.epfindia.gov.in/memberinterface/

    2. You then have to log in utilizing your UAN ID and password. 

    3. Click on ‘Manage’ and choose the ‘KYC” choice from the drop-down menu. 

    4. Now you must click on on ‘Documents’ and click on the ‘Bank’ choice. 

    5. For updating the bank account particulars, you now must enter the bank account number together with its IFSC code. 

    6. You simply have to faucet on the ‘Save’ choice, after which the portal will present ‘KYC pending for approval. 

    7. Finally, you have to submit the bank paperwork as proof to the employer. 

    It is necessary to notice that except and till your employer verifies the submitted paperwork, your bank particulars received’t get up to date on the portal. Once your employer approves it, the standing of the PF portal will get up to date to ‘Digitally Approved KYC.’

     

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