If you are also a job holder, then your PF will also be deducted and your company will also deposit the same amount in your PF account. In such a situation, you can withdraw this money and run your work at the time of need. In such a situation, a PF account is a great savings plan for the future. PF accounts are operated by the government institution Employees Provident Fund Organization.
If you also want to withdraw money from the PF account, then it is necessary to update the details of the bank account. Without this, withdrawal cannot be done from the account. PF account holders also get an online facility to link bank accounts.
Update bank details online like this
PF account holders will first have to go to the official portal to link the bank account online. After this, you have to enter your PF number and password there. After this, log in after filling in the captcha code. After this, you have to click on the option of Manage. Now you have to click on the option of KYC from the drop down menu. After this, you have to select your bank. Now you have to enter your name, account number and IFSC code and click on submit.
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