June 3, 2020 2:21 PM

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EPFO renewed KYC data for 52.62 lakh subscribers in April, May

To extend the reach of online services in the wake of COVID-19, Employees' Provident Fund Oganisation, EPFO has renewed Know your Customer (KYC) data for its 52.62 lakh subscribers in the month of April and May this year.<br />'' <br />''This includes Aadhaar seeding for 39.97 lakh subscribers, mobile seeding  for 9.87 lakh subscribers and bank account seeding for 11.11 lakh subscribers. KYC is a one-time process which helps in identity verification of subscribers through linking of Universal Account Number (UAN) with KYC details.<br />'' <br />'' EPFO has also undertaken massive exercise of rectifying the details of the subscribers even during the lockdown. KYC updation enables a member to avail online services through member portal.<br />'' <br />''A person can file online for final withdrawal and advances including the recently introduced COVID-19 advances under Pradhan Mantri Garib Kalyan Yojana .<br />'' <br />''<span style="color: #222222;">It facilitates hassle free online transfer of PF account on switching jobs. Any KYC compliant member can avail all online services either through desktop or through Umang App.</span><br />

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