EPF KYC Update: How to Update KYC Details for EPF Account?

Employees must link their EPF account to Aadhaar and other documents, as mandated by the government. EPFO has made it possible for people to easily update their KYC details via the online portal. Updating your KYC information allows you to reap a variety of benefits such as easy account operation, low TDS on withdrawals, and so on. EPFO members can use the UAN EPFO website to update their EPF KYC information online. Members will need a UAN (Universal Account Number) credential to update or change their KYC (Know Your Customer) details on the UAN EPFO portal. Here is how you can update kyc details for your epf account.

What is a Universal Account Number (UAN)?

UAN is a 12-digit number assigned which serves as a catch-all for an individual's multiple Member IDs. This number serves as a connecting point for multiple Member Identification Numbers (Member Id) assigned to a single member under a single Universal Account Number. When a UAN is properly seeded with KYC information, it allows the member to directly access various online services without the intervention of the employer.

What is KYC?

Know Your Customer (KYC) is a one-time process that aids in the identification of subscribers by linking their UAN to their KYC details. Employees and employers must provide KYC details such as Aadhaar, PAN, bank details, and so on in order to enable seamless online services.

Benefits of Updating KYC Details

• Only after KYC details have been seeded with the UAN or after an EPF KYC update can online withdrawal claims be processed.
• EPF accounts can be transferred smoothly with the help of updated kyc.
• After activation, members receive a monthly SMS informing them of their monthly PF.
• If a member withdraws his or her PF before 5 years of service, a 10% TDS will be levied on the amount if the PAN is updated in the EPF account.

How to update KYC details with UAN?

• Log in to your EPF account at the unified member portal
• Select the "KYC" option in the "Manage" section
• Select the details (PAN, Bank Account, Aadhar, etc.) that you want to link with your UAN
• Fill in the required fields
• Now click the "Save" button
• Your request will be displayed in "KYC Pending for Approval"
• Once the employer approves the details, the message will be changed to "Digitally approved by the employer"
• Once UIDAI confirms your details, "Verified by UIDAI" will be displayed against your Aadhaar.

How to update Bank account details?

Here is how you can update your bank details in EPF account-

• Go to the unified member portal and log in to your EPF account.
• Enter your bank account number and IFSC code.
• Your employer must approve the details.
• After approval, the bank account is updated.

How to update contact details in Your EPF Account?

• Enter your UAN and password to access your EPFO member portal.
• Click on the Contact Details option in the drop down menu in the 'Manage' section.
• Your mobile phone number and email address are already in your EPF account (Note that you had submitted these details at the time of activation of your account)
• To update your information, check the box next to 'Change mobile number' or 'Change email id' and then click the 'Get Authorization Pin' button.
• Your mobile phone/e-mail address will be updated in your EPF account once you enter the authorization pin sent to you via an OTP on your mobile number. Please keep in mind that updating your contact information in your EPF account may take some time.

FAQS-

What to do if an employer refuses to approve KYC?

If the employer does not approve KYC details, you can approach administration or the HR department directly. If it is taking too long, you can escalate it to a higher level of authority within the organisation. You can contact EPF Grievance if no one responds.

How to know if the KYC update has been approved by the employer?

On the same page, the status will be displayed in relation to the updated KYC document. The system will also send SMS messages to your registered mobile number.