EPF Bank Details Change: If the wrong bank account is registered in the PF account. Or any wrong information is registered in the bank account. The withdrawal will not be possible. Change details in the PF account in this way.
All the employed people in India. All have PF accounts. 12 percent of the employee's salary is deposited in the PF account. The same amount is also deposited in the PF account by the company i.e. the employer.
PF account can be used as a savings account in a way. Interest is also received on the amount deposited in it. At the same time, if you ever need money. Then you can also withdraw money from your PF account.
To withdraw from PF account, it is necessary to have your bank account linked to it. If you have linked the wrong bank account or entered any wrong information in it. Then you will not be able to withdraw money.
In such a situation, you have to change your bank details. For this, you have to go to EPFO's members portal website https://unifiedportal-mem.epfindia.gov.in/memberinterface/. There you have to login by entering your username and password.
After this you have to click on the Manage tab. Then you have to select the KYC option from the drop down menu. After this you have to choose your bank. Then you have to enter the account number, name and IFSC code.
After this you have to click on Save. Then after getting approval from your appointment, the bank details updated by you will be visible in the Approve KYC section. After this you will be able to withdraw in this bank account.
Let us tell you that at present EPFO employees have to make online claim which takes 7 to 10 days. But soon the facility of withdrawing money from ATM will also be started for this. With which you will be able to withdraw money immediately.
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