Saturday, 9 June 2018

How to update KYC on UAN Member Portal Online | KYC for EPF UAN


How to update KYC on UAN Member Portal Online | KYC for EPF UAN

How to update KYC on UAN Member Portal Online | KYC for EPF UAN

You can update your KYC for your EPF account online through UAN member portal. To update or change your KYC on UAN member portal online, you need your UAN number and password. The KYC details include your Aadhaar number, PAN card number, and your bank account details. The KYC update on UAN member portal can give you many benefits. Thus, you should update KYC for EPF UAN. In this post, let’s take a look at how to update KYC on UAN Member Portal Online | KYC for EPF UAN.



What is KYC?

KYC (Know Your Customer) is a process for proper identification of a person. For KYC, you have to produce a copy of identity proof and address proof to prove your identity and address. Banks and financial institutions mandatorily follow the KYC process to obtain information about the identity and address of their customers.



Benefits if you update KYC on UAN Member Portal

You will get following benefits if you update KYC on UAN member portal.
1. You can withdraw money from your EPF account without your employer signature.
2. You will not face any delay in transfer of funds.
3. You will get alerts via SMS about monthly EPF credit in your EPF account.
4. Your EPF claim may get rejected if your bank details are not updated in your EPF account.



Documents required to update KYC on UAN Member Portal

EPFO accepts following documents to update KYC on UAN Member Portal online.
4. Driving License
5. Passport
6. Ration Card
8. National Population Register


How to update KYC on UAN Member Portal Online

You can easily update KYC on UAN member portal online. There is no need to upload the scanned copies of the documents just enter the document number, name as per document and some other details in some documents. Follow the step by step instructions to update KYC on UAN member portal online.
2. Login at UAN member portal using your UAN number and password. (You can login after UAN activation).
How to update KYC on UAN Member Portal Online | KYC for EPF UAN

3. After you logged in, click on “KYC” option in the drop-down menu under the “Manage” tab on main menu.
How to update KYC on UAN Member Portal Online | KYC for EPF UAN

4. It will take you to a new page. Here, you would find a form to update KYC. To update KYC on UAN member portal online, EPFO has given eight options such as Bank Account number, PAN number, Aadhaar number, Passport, Driving License, Election Card, Ration Card and National Population Register. You can select and update any of the documents from the given list.
5. Just select the document type, enter the document number and name as written on your documents. Please note that along with the bank account number, you also need to enter the IFSC code of the bank. After entering the details, click on “Save” button.
How to update KYC on UAN Member Portal Online | KYC for EPF UAN

6. Now this information will be sent to your employer for approval. You can see it in the “Pending KYC” section until it is approved by your employer. Thus, you may need to submit the copy of the document to your employer.
7. Once it is approved by your employer, then you can see it in the “Approved KYC” section.



Hope now you will be able to update KYC on UAN member portal online easily. If you have not updated your KYC details on UAN member portal, I recommend you to update your KYC now to avail various benefits.



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How to update KYC on UAN Member Portal Online | KYC for EPF UAN




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