New Delhi: The Ministry of Labour & Employment on final Saturday (August 22, 2020) mentioned that Throughout the month of July 2020 EPFO has been profitable in updating 2.39 Lakh Aadhaar’s, 4.28 Lakh Cell 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 providers to its subscribers by means of digital mode with nearly minimal contact,” the ministry mentioned
This KYC updation has helped tremendously in empowerment of EPFO subscribers for availing providers of EPFO in digital mode and thus eliminating want for any form of bodily contact with any workplace of EPFO for its wants, the ministry mentioned.
How one can replace your KYC on-line?
Go online to the UAN Member Portal. Now from the drop down menu, you may choose ‘Profile’. Underneath the part you will see that ‘Replace KYC Data’. The uploaded KYC doc by the member must be digitally permitted by the employer. Until then, standing of KYC will probably be proven as ‘Pending’.
Listing of paperwork which are 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 id verification of its subscribers by means 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 providers of EPFO by means of digital mode.