Since the outbreak of the coronavirus pandemic, lots of people have lost their job while several others income declined. On the other hand, the expenses have increased owing to medication and health reasons.  

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To tackle the funding crunch many Provident Fund (PF) subscribers are withdrawing their investments.

 

See Zee Business Live TV Streaming Below:

https://www.epfindia.gov.in/ or unifiedportal-mem.epfindia.gov.in/memberinterface/.

2. Then log in using your UAN ID and password.

3. Next, click on ‘Manage’ option and from the drop-down menu select the ‘KYC' option.

4. Click on ‘Documents’ and after that select the ‘Bank’ option.

5. You will then have to enter the bank account number along with its IFSC code in order to update the bank account details.

6. After providing the details tap on the ‘Save’ option.

7. After the click, the portal will show KYC pending for approval.

8. You will then have to submit the bank documents as proof to the employer.

9. The 'KYC pending for approval' will change into 'Digitally Approved KYC' once the employer verifies the submitted documents.

10. EPFO will also send a text message to the PF subscriber informing him/her about the digital approval of the KYC.