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Home»NEWS»This is the right way to update KYC in PF account, first know whether KYC has happened or not
NEWS

This is the right way to update KYC in PF account, first know whether KYC has happened or not

Bhagyashree SoniBy Bhagyashree SoniMarch 26, 2021No Comments3 Mins Read
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This is the right way to update KYC in PF account, first know whether KYC has happened or not
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Many times there are some deficiencies in your PF account and when you need money then there is a problem. One of them is KYC.

After having KYC, you can easily withdraw money from the account anytime.

If you have a PF account and deduct money from your salary every month, then you must be careful about many things about the PF account. Actually, many times there are some deficiencies in your PF account and when you need money, then there is a problem. One of them is KYC. Due to not having KYC, when you put a request to withdraw money, your money will not come. Therefore, it is important to take care of KYC.

Due to KYC, PF cannot withdraw money from the account. Therefore, tell you how you can update PF account KYC and how you can check it. Let us know the special things related to EPFO ​​KYC so that you do not face any problem…

How to link

In 2014, the EPFO ​​issued a 12-digit Universal Account Number (UAN) for shareholders with a view to speeding up and providing better services related to the Provident Fund. After this, all accounts are being linked to UAN and if you have not generated UAN then you must also generate it. Now after generating UAN, you can take advantage of the service related to PF from it. If you want to link KYC, then the Aadhaar number, bank account number, PAN and mobile number of the shareholder are required in the KYC linked to UAN.

What is the process?

For this, first go to the official website, where you can login your account from UAN. After this, you have to give your information by going to the KYC option. Now your PAN and Aadhaar will be added to it. However, to verify this, you will have to ask your employer. After this, the employer verifies it and only after that it is fully updated.

What are its benefits?

After KYC, you can easily withdraw money from the account anytime. After this, if the bank account information is not updated in your PF account, then the claim request can also be rejected. So get it done in advance and if you do not have to withdraw money, then get KYC done in advance. Also, you can also check whether your account has been KYC or not by visiting the official website.

Also read- What is the ‘electric highway’, from which the journey of 10 hours will be completed in just 4 hours! Know what will be so special

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Bhagyashree Soni
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Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

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