EPFO New Rules: The number of subscribers of the Employees’ Provident Fund Organization (EPFO) in the country is in crores. EPFO has made the claim process (EPFO Claim Process) easier for subscribers. EPFO recently issued a circular and informed that now bank passbook and cheque book will not be required for the claim. Subscribers have got relief from this decision of EPFO.
EPFO New Rules: The Employees’ Provident Fund Organization (EPFO) has changed the rules of EPFO in May. EPFO said that now users will not have to upload a copy of the bank passbook or cheque leaf while making a claim.
EPFO said that if the subscribers fulfill all the other eligibility, then he does not need to upload a copy of the cheque book or passbook.
Why did EPFO take this decision
EPFO said that this will speed up online claim settlement. Along with this, subscribers will also find it easier to give claim requests. Actually, earlier many EPFO claims were getting rejected for not uploading the copy of cheque book leaf or bank passbook.
According to the circular of EPFO, this decision has been taken to reduce the number of claim rejections. The concession of not uploading the copy of cheque book leaf or bank passbook has been given only in some cases.
These documents will not have to be given for these claims
According to the circular of EPFO, only those members do not have to upload the copy of cheque book leaf or bank passbook who have completed the rest of the validation process.
How can claim validation be done
- EPF members can do online verification of bank KYC.
- Similarly, members will have to get DSC (Digital Signature Certificate) done by the employer to complete the bank KYC verification.
- Aadhaar details of the bank will have to be verified through UIDAI.
How to claim online
- Go to the official website of EPFO https://unifiedportal-mem.epfindia.gov.in/.
- Now log in with the help of UAN number and password.
- After this, select the claim section and select one of the claim options.
- Now cross verify all the details showing on the screen.
- After this, all the necessary documents (Documents for EPFO Claim) have to be uploaded.
- Now the member has to validate all the information and submit the claim request.
- After this, the process of your claim will be shown on the EPFO portal.