The Employees Provident Fund Organization (EPFO) allows its subscribers to withdraw from the EPF account. EPF member must update their existing bank account with PF account to withdraw from their PF account without any hassle. Many times the subscribers linked to the PF account have closed the bank account and forget to link the new account to the PF account. If the bank account information is not correct, you will not be able to receive money from your PF account. In such a situation, you must update your new bank account information with the PF account. Let’s know what is the step by step process to do this.
Step 1. First go to the Unified Members Portal and log in with a username and password.
Step 2. Now click on the Manage tab.
Step 3. Select ‘KYC’ from the drop down menu.
Step 4. Now select the bank and fill in the bank account number, name and IFSC code (IFSC code) and click ‘Save’.
Step 5. Once this information has been approved by the employer, the approved KYC section will appear and thus your new bank account information will be updated with the EPF account.
Here, let us tell you that you can also check your EPF balance through EPFO portal. Let us know what its process is.
Step 1. In this, the member has to first go to www.epfindia.gov.in.
Step 2. Now you have to click on ‘For Employees’ option from ‘Our Services’ tab.
Step 3. Now you have to click on ‘Member Passbook’ from the ‘Services’ tab.
Step 4. Up You will have to enter your UAN and password to login and you will be able to see the passbook of your PF account.
Here you have to ensure that your account is tagged with your UAN. Also, your UAN should be activated by the employer. You can print or download a passbook from this portal.
Also Read: Good News: You can also withdraw money from a closed account, know here what is the way
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