Bank details of employees change after submitting and approving KYC details by the employer. If the employer uploads the changed bank details of the employee again, will the bank details be updated in the EPF database?
From India, Bengaluru
Acknowledge(0)
Amend(0)
From India, Bengaluru
Acknowledge(0)Amend(0)
Yes, the employer can upload it again. However, if any incident happens to the fund due to wrong seeding, then the liability will be thrown to the employer. So, the employer has to seek a self-attested copy of the document and Form 11 duly filled with every such request from the employee.
After uploading and DSC approval by the employer, it takes approximately 45 days to show on the EPFO SRO terminal. The principal UAN office has to verify the data, and then they allow it.
Acknowledge(0)Amend(0)
725After uploading and DSC approval by the employer, it takes approximately 45 days to show on the EPFO SRO terminal. The principal UAN office has to verify the data, and then they allow it.
Acknowledge(0)Amend(0)
Hi, You can not erase approved KYC, but you can update it again through employee portal & approve by DSC. Thanks
From India, New+Delhi
Acknowledge(0)Amend(0)
From India, New+Delhi
Acknowledge(0)Amend(0)
Respected Sir,
I am Baburam Choudhary from Ahmedabad, Gujarat. I worked with an organization in Baroda and resigned from there in September 2014 after 2 years of service.
Now, I want to make a PF withdrawal. I am facing some confusion regarding the bank account details as I have already updated a bank account there.
Could you please guide me on the next steps for EPFO withdrawal if the bank account details are already updated?
Your help is much appreciated.
Baburam Choudhary
From India, Ahmedabad
Acknowledge(0)Amend(0)
I am Baburam Choudhary from Ahmedabad, Gujarat. I worked with an organization in Baroda and resigned from there in September 2014 after 2 years of service.
Now, I want to make a PF withdrawal. I am facing some confusion regarding the bank account details as I have already updated a bank account there.
Could you please guide me on the next steps for EPFO withdrawal if the bank account details are already updated?
Your help is much appreciated.
Baburam Choudhary
From India, Ahmedabad
Acknowledge(0)Amend(0)
Hi Mr. Baburam Choudhary,
You have to submit Form 19 and 10C to the organization and update your bank details, which should be updated on your UAN portal. Then, follow up with HR to confirm whether the forms have been submitted to the PF office. If they have been submitted, make sure to get a receipt of submission and check the PF claim status through http://epfindia.com <link updated to site home>.
Thanks
From India, New+Delhi
Acknowledge(0)Amend(0)
You have to submit Form 19 and 10C to the organization and update your bank details, which should be updated on your UAN portal. Then, follow up with HR to confirm whether the forms have been submitted to the PF office. If they have been submitted, make sure to get a receipt of submission and check the PF claim status through http://epfindia.com <link updated to site home>.
Thanks
From India, New+Delhi
Acknowledge(0)Amend(0)
Hi, Sir,
As you mentioned that previously provided bank details cannot be erased, would it be acceptable if two bank details are present in the KYC information? Will this potentially cause complications in the future? Currently, they only have one active bank account that needs to be updated.
To update the bank details through the member portal, a cancelled cheque leaf must be uploaded. However, some employees do not have cheque books as a minimum balance is required in the account to obtain a cheque book from the bank.
Please advise on the best course of action.
From India, Bengaluru
Acknowledge(0)Amend(0)
As you mentioned that previously provided bank details cannot be erased, would it be acceptable if two bank details are present in the KYC information? Will this potentially cause complications in the future? Currently, they only have one active bank account that needs to be updated.
To update the bank details through the member portal, a cancelled cheque leaf must be uploaded. However, some employees do not have cheque books as a minimum balance is required in the account to obtain a cheque book from the bank.
Please advise on the best course of action.
From India, Bengaluru
Acknowledge(0)Amend(0)
Thank you, Mr. US Sharma, for your valuable comments. However, my concern is that I have wrongly entered my IFSC Code in my portal, and the employer approved the same digitally. Following the employer's suggestion, I have rectified the error and updated it for digital approval, but it still shows as pending. The employer is unable to locate the updated information and seems disinterested in resolving the issue. Are there any other options available for this situation?
I have an alternative bank account number. Can I update this information and request digital approval? Please provide guidance.
From India, Hyderabad
Acknowledge(0)Amend(0)
I have an alternative bank account number. Can I update this information and request digital approval? Please provide guidance.
From India, Hyderabad
Acknowledge(0)Amend(0)
Hi, I am encountering the following error in the EPFO portal.
KYC change in Bank Account Number, submitted by the employer on 04/12/2018, is pending with TBS2 SERVICES PRIVATE LIMITED for approval. You will be able to submit the claim once this KYC is approved/rejected. I have already spoken to the employer, but they are unsure how to resolve it.
Please provide me with a solution.
From India, Chennai
Acknowledge(0)Amend(0)
KYC change in Bank Account Number, submitted by the employer on 04/12/2018, is pending with TBS2 SERVICES PRIVATE LIMITED for approval. You will be able to submit the claim once this KYC is approved/rejected. I have already spoken to the employer, but they are unsure how to resolve it.
Please provide me with a solution.
From India, Chennai
Acknowledge(0)Amend(0)
I see the following message below as my previous employer added a duplicate company accidentally in my PF account when creating for them. Now that my current employer has linked with a unique UAN, whenever I click on the claim, I get this message. The previous employer's vendor is unable to fix this even after following up with the PF office by submitting required forms for more than a year now. How to fix this issue as the pending with the company is an anonymous organization as pending with them does not make sense. Please help as this started last June 2019 and still no fix.
KYC change in Bank Account Number submitted by the employer on 29/06/2019 is pending with LIGHTSOURCE RENEWABLE ENERGY INDIA OPCO PRIVATE LIMITED for approval. You will be able to submit the claim once this KYC is approved/rejected.
From United States, San Carlos
Acknowledge(0)Amend(0)
KYC change in Bank Account Number submitted by the employer on 29/06/2019 is pending with LIGHTSOURCE RENEWABLE ENERGY INDIA OPCO PRIVATE LIMITED for approval. You will be able to submit the claim once this KYC is approved/rejected.
From United States, San Carlos
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
VARIOUS BANK DETAILS NAGPUR.doc
Mandatory submission of bank account details of PF members 17.9.2014.pdf