The Employees Provident Fund Organization (EPFO) has given a big relief to its members. EPFO has abolished the requirement of uploading a copy of a passbook or cheque for online PF claims. This will speed up the settlement of claims and the PF money will reach the bank account soon.
According to the new circular of EPFO, a new process has been adopted for settling the claim. Under this, in online claims where bank KYC has been verified online by the bank and other verification documents have been digitally signed by the employer, it will no longer be necessary to upload a copy of the cheque or verified bank passbook. Currently, in most cases, claims are rejected if this is not done.
will be identified by a specific colour
The special thing is that during the process of settling the claim, the EPFO officer will know from the color of the website whether it is mandatory to upload a photo of the cheque or bank passbook in this case or not. For this, to identify the accounts already verified online, they will be coded in green color, so that the officer can settle the claim quickly. If the account is not verified then the code will be red. In such cases, a copy of the cheque or passbook can be asked for.
Exemption will be given in these cases
This exemption will be available only in cases where the other verification documents of the EPFO member are complete. These include online verification of bank KYC by the concerned bank or NPCI, verification of bank KYC by the employer using DSC and Aadhaar number verified by UIDAI, etc.
Information sent to all regional offices
EPFO has informed all its regional offices in this regard. EPFO has sent a circular through email. In such cases, a message will appear in the PDF file related to the claim. It will be written that the bank has verified the KYC online and the employer has digitally signed. The facility of color coding will be started soon for the officers checking such claims. Till then they will have to check the file manually.
This is how the investigation will be done
- Verification will be done with the help of online bank KYC.
- The employer will check the bank account details using the digital signature certificate.
- Then it will also be checked whether the member making the claim is Aadhaar verified or not.
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