New Delhi: The Ministry of Labour & Employment on final Saturday (August 22, 2020) mentioned that Through the month of July 2020 EPFO has been profitable in updating 2.39 Lakh Aadhaar’s, 4.28 Lakh Cellular numbers & 5.26 Lakh Financial institution Account’s within the UAN of its subscribers.
“Because the nation faces the unprecedented problem of the COVID 19 pandemic, the idea of social distancing has assumed immense significance. EPFO, because the principal social Safety Group within the nation, has been striving onerous, to supply unhindered companies to its subscribers by way of digital mode with virtually minimal contact,” the ministry mentioned
This KYC updation has helped tremendously in empowerment of EPFO subscribers for availing companies of EPFO in digital mode and thus eliminating want for any type of bodily contact with any workplace of EPFO for its wants, the ministry mentioned.
How one can replace your KYC on-line?
Go browsing to the UAN Member Portal. Now from the drop down menu, you may choose ‘Profile’. Beneath the part you will see that ‘Replace KYC Info’. The uploaded KYC doc by the member must be digitally authorised by the employer. Until then, standing of KYC can be proven as ‘Pending’.
Checklist of paperwork which might be thought-about for KYC
1. Nationwide Inhabitants Register (NPR)
3. Everlasting Account Quantity (PAN)
4. Financial institution Account Quantity
6. Driving License
7. Election Card
8. Ration Card
Why is KYC required?
The KYC updation is a one time Course of that helps within the identification verification of its subscribers by way of linking of the Common Account Quantity (UAN) with the KYC particulars. As soon as this train is accomplished and seeded KYC particulars validated, the EPFO subscriber turns into empowered to avail companies of EPFO by way of digital mode.