EPFO: How To Update KYC? A Step-By-Step Guide
It’s mandatory for all EPFO members to link their EPF accounts with Aadhaar.
The Employees' Provident Fund Organisation (EPFO) plays a critical role in ensuring financial security after retirement for millions of employees across India. One essential process for EPFO account holders is updating the Know Your Customer (KYC) details. Properly updating your KYC ensures seamless access to your EPF account and allows you to avail of services such as withdrawing funds, transferring balances and availing of pension benefits.
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Let’s find out how to update your KYC in the EPFO system.
Step 1: Log In To The EPFO Member Portal
Visit the EPFO Member Portal: Go to the official EPFO website at https://www.epfindia.gov.in
On the homepage, click on the “For Employees” option to access your EPF details.
You will need your Universal Account Number (UAN), which is a unique identifier for your EPF account. Enter your UAN and password, and click on ‘Sign In.’
If you don't have a UAN yet, you can generate one through the portal by linking your Aadhaar number, PAN and bank account.
Step 2: Navigate To The KYC Section
Go to 'Manage' Section: After logging in, click on the ‘Manage’ tab from the main menu.
Under the ‘Manage’ tab, you will find the option to update your KYC. Click on it.
This will bring you to the page where you can update your KYC details.
Step 3: Upload KYC Documents
Now, you will need to upload specific documents for verification. EPFO accepts several documents as valid proof for KYC. These include:
Aadhaar Card
PAN Card
Bank Account Details (Bank Account Number, IFSC code)
Passport
Voter ID
Step 4: After clicking on the KYC option, you will be redirected to a new page with a list of fields labelled “Document Type.” Fill in the required details next to each field.
Step 5: Select the checkbox next to the document type you wish to update and enter the “Document Number” and “Name as per Document.”
Step 6: After entering the required details, click on the “Save” button.
Step 7: Once you’ve updated the document information, the status will show as “KYC Pending for Approval.” Once verified by your employer, the status will update to “Digitally Approved KYC.”
Step 8: Finally, you will receive a confirmation email once the update process is complete.
Why Is KYC Important?
Updating your KYC details in your EPF account is crucial for several reasons:
Having updated KYC records linked to your UAN makes it easy to submit a claim withdrawal online.
Claims will be rejected if the KYC is not up to date.
There will be no delays in withdrawal or transition if your KYC is updated.
A modified KYC ensures a smooth transition of your EPF account.
Users who complete the KYC process will receive updates on their monthly PF balance and account activity.
Without updated KYC records, users will miss out on SMS updates regarding their accounts.
If an individual withdraws their PF before completing five years of service, a 10% tax is deducted from the total. Therefore, it is essential to update the PAN details in the EPF account. If the PAN data is not updated, the TDS rate will increase to 34.608%.
Updating your KYC in the EPFO portal ensures that you continue to enjoy the benefits of your EPF account without any issues. So, log in today and complete your KYC update to avoid any future disruptions in your EPF services.
