Introduction
Changing or updating your approved bank account on the UAN portal is an important step in managing your Universal Account Number (UAN). This guide will provide you with the steps necessary to update your bank account information on the UAN portal. It is important to note that you must have your KYC (Know Your Customer) documents in order to update your bank account information. Additionally, you must have your UAN number and the bank account details of the new bank account you wish to link to your UAN. Once you have all the necessary information, you can follow the steps outlined in this guide to update your bank account information on the UAN portal.
How To Change / Update Approved Bank Account (Under KYC) On The UAN Portal
1. Log in to the UAN portal using your UAN and password.
2. Click on the ‘Manage’ tab.
3. Select ‘KYC’ from the drop-down menu.
4. Click on the ‘Edit’ button next to the ‘Bank Details’ section.
5. Enter the new bank account details and click on the ‘Save’ button.
6. The new bank account details will be updated and the status will be changed to ‘Pending Approval’.
7. The EPFO will review the new bank account details and approve or reject it.
8. Once the new bank account details are approved, the status will be changed to ‘Approved’.
Have you entered wrong bank account details in UAN member portal and don’t you know how to delete incorrect bank account number and IFSC code in UAN portal then read this completely.
When you enter incorrect bank account details then you don’t get your PF claim amount. Even though PF claim settles but your amount again sent back to the PF fund within 2-3 days.
In that case, you need to correct your bank account details and you need to apply for PF again (or) you need to take a PF reauthorization letter from your PF office and fill and submit it again to the PF office.
How To Change / Update Approved Bank Account On The UAN Portal:
There is no separate process to change already approved bank account details on UAN portal, you need to update your new bank account details again and tell your employer to approve them.
Once your employer approves your new bank account details with their digital signature or e – sign then your old incorrect bank account details will get deactivated and new bank account details will get activated.
So next time, when you apply for PF then the PF portal will consider your new approved bank account details automatically and claim amount will be sent to the new bank account number.
How to Update Bank Account Details in UAN Portal
- Login to UAN member portal with your UAN and password
- Now go to manage option in the menu bar, and select KYC from the drop-down menu.
- Now tick on bank account number and enter your correct bank a/c number, name as on bank account and IFSC code of the bank and click on save.
- Now inform your employer that you have updated new bank account number in UAN portal. (Generally, you don’t need to inform your employer when they are active in updating KYC details. But in most cases, employers don’t take it seriously, so it is better to inform them)
- Once your employer approves your bank account number then you can claim for your PF amount and PF will be credited into the new bank account within 10-15 days.
How Much Time it Will Take to Update bank Details in EPF
Your bank account details can be updated within minutes. Whenever your update new bank account details in the UAN member portal, then your employer will immediately receive that message in their employer PF portal. There they have to approve it with their digital signature.
So you don’t need to wait for days to update your bank account details. Whenever you change your bank details in the UAN portal then inform your employer either directly or through email, to approve them, then they will approve your request. After approving your bank account details you can claim your PF amount without any problem.
How To Change / Update Approved Bank Account (Under KYC) On The UAN Portal
The UAN portal is a great way to manage your Universal Account Number (UAN) and keep track of your EPF account. It also allows you to update your KYC (Know Your Customer) details, including your approved bank account. Here’s how you can change or update your approved bank account on the UAN portal.
Step 1: Log in to the UAN Portal
The first step is to log in to the UAN portal. You can do this by visiting the official website and entering your UAN and password. Once you’ve logged in, you’ll be taken to the dashboard.
Step 2: Go to the KYC Section
Once you’re on the dashboard, you’ll need to go to the KYC section. This can be found under the “Manage” tab. Here, you’ll be able to view and update your KYC details.
Step 3: Update Your Bank Account Details
Once you’re in the KYC section, you’ll be able to update your bank account details. You’ll need to enter your bank account number, IFSC code, and other details. Once you’ve entered the details, click on the “Update” button to save the changes.
Step 4: Submit the KYC Form
Once you’ve updated your bank account details, you’ll need to submit the KYC form. This can be done by clicking on the “Submit” button. Once you’ve submitted the form, you’ll receive a confirmation message.
Step 5: Check Your Updated Bank Account Details
Once you’ve submitted the KYC form, you can check your updated bank account details by going to the “View” tab. Here, you’ll be able to view your updated bank account details.
Conclusion
Changing or updating your approved bank account on the UAN portal is a simple process. All you need to do is log in to the portal, go to the KYC section, update your bank account details, submit the KYC form, and check your updated bank account details. With these steps, you’ll be able to easily change or update your approved bank account on the UAN portal.
