Know Your Customer or KYC is a one-time process which helps in identity verification of subscribers through linking their UAN with KYC details. The employees / employers need to provide KYC details viz. Aadhaar, PAN, Bank account details etc. for unique identification of the employees enabling them with seamless online services.
In this article, we will walk you through the steps on how to update your KYC details for your EPF account. From the documentation needed to the online process, we will cover everything you need to know.
Steps to upload KYC for EPF UAN
- Go to UAN EPFO portal for online KYC updates.
- Log in using your UAN (Universal Account Number), password and fill up the captcha.
- Go to the KYC section to modify or upgrade your KYC details.
- Upload the necessary documents like PAN card, Aadhar card, and bank details.
- Keep the KYC updated to avoid delays during transfer and withdrawal.
Steps to update KYC for EPF UAN online
- Visit the EPF portal.
- Log in by entering your UAN, password and the captcha.
- Click on the "manage" tab in the top menu.
- Select "KYC" from the dropdown menu.
- You will be directed to a page displaying various documents under “Document Types” section.
- Click on the check box next to the document type you want to update.
- Complete the document details in the respective field.
- Click on "Save" after updating the details.
- The status will show as "KYC pending for approval."
- EPFO verifies your details from the concerned department's data.
- Once validated, the document is marked as verified.
Once updated you will receive an email for the same.
Benefits of updating KYC details
- Keeping your KYC details updated ensures that all the necessary information about you is on record. This makes any financial transactions related to your EPF account, such as withdrawals or transfers, simple and hassle-free.
- If your KYC details are accurate, there would not be any delays in processing your EPF transactions. This is crucial for a quick and efficient withdrawal or transfer process.
- EPF authorities require members to maintain updated KYC details. By doing so, you are adhering to the rules and regulations set by EPFO, preventing any issues related to non-compliance.
- Regularly updating your KYC details adds an extra layer of security to your EPF account. It helps protect your account from unauthorised access, ensuring the safety of your funds.
- An updated KYC ensures that you receive crucial messages and updates time-to-time from EPFO.