Introduction
Know Your Customer (KYC) is a process that is used by employers to verify the identity of their employees. It is a mandatory requirement for all employers to ensure that their employees are who they say they are. However, if an employer does not approve a KYC application, then the employee will not be able to access their PF claim. In such cases, the employee must take the necessary steps to ensure that their KYC application is approved. The further process for applying PF claim in such cases involves submitting the necessary documents to the employer, such as identity proof, address proof, and other relevant documents. The employer will then review the documents and approve the KYC application if all the documents are in order. Once the KYC application is approved, the employee can then proceed to apply for their PF claim.
KYC Not Approved by Employer then What is the Further Process for Applying PF Claim
If your KYC is not approved by your employer, you will need to contact your employer and provide them with the necessary documents to complete the KYC process. Once the KYC is approved, you can proceed with the PF claim process. The process for applying for a PF claim includes submitting the required documents to your employer, such as your PF account number, bank details, and other relevant documents. Your employer will then process the claim and transfer the amount to your bank account.
If your employer is not approving your KYC willfully, then you can complain about them at your EPF office. If the company was closed then submit “EPF composite claim form non Aadhar” to your PF office, signed by your bank manager in which you have an account.
Depending on your case, try to follow any of the above methods. In case you want to complain about your employer, give some time to approve KYC. (At Least 30 days).
What to Do If My Employer is Not Approving My KYC
In general, KYC approval will be done by the HR (or) accounts department. Sometimes due to their busy work schedule, they may delay the process of KYC approval.
In that case, send an email or make a phone call or visit them directly, then they will definitely approve your KYC.
If your company is willfully not approving your KYC, then you need to contact your regional PF office. They will talk with your employer to approve your KYC because EPFO wants the KYC of employees to be linked with PF accounts.
If you don’t even want to visit your EPF office then register a complaint on the EPF grievance portal, they will help you in this matter.
How to Withdraw PF Online If KYC in Not Updated
If your KYC is not updated then it is not possible to withdraw your PF amount online, you have to submit the PF withdrawal form to your PF office directly.
As I said above, if your employer is not operating their business then you need to take the signature of your bank manager. Submit the following documents along with the PF withdrawal form.
Required Documents:
- Your Aadhar card copy.
- Cancelled cheque / Bank passbook.
- PAN card copy.
- Form 15G (if you are eligible).
FAQs
How can I get KYC approved without an employer?
You can link your Aadhar online without your employer, and if your bank account is SBI then it can be linked with your PF account without your employer’s approval.
For other bank accounts and to link PAN, your employer’s approval is mandatory.
How many days will it take to approve KYC In EPF?
Employers can approve KYC immediately from their employer’s PF portal. But most of the employers will take 2-3 days to approve KYC depending on their free time.
Who will approve KYC in PF?
Your latest employer.
Will employers reject KYC approvals?
No, employers generally don’t reject KYC approval requests of their employees unless those employees have done any big fraud before leaving their jobs.
Also Read
What is the Further Process for Applying PF Claim if KYC is Not Approved by Employer?
If your KYC is not approved by your employer, then you will need to take the following steps to apply for a PF claim:
- Contact your employer and ask them to provide the necessary documents for KYC approval.
- If your employer is unable to provide the necessary documents, then you will need to submit the documents yourself.
- Once the documents are submitted, the employer will review them and approve or reject the KYC.
- If the KYC is approved, then you can proceed with the PF claim application process.
- If the KYC is rejected, then you will need to submit the documents again and wait for the employer to review them.
- Once the KYC is approved, you can proceed with the PF claim application process.
It is important to note that the PF claim application process may vary from employer to employer. Therefore, it is important to contact your employer and ask them for the specific steps that need to be taken in order to apply for a PF claim.
