EPFO says that if UAN is duly seeded with KYC detail, then it can help the member to enjoy various online services directly.
UAN stands for Universal Account Number and is a 12-digit number which is provided by the Employees’ Provident Fund Organisation (EPFO) to all its members. The number is provided to link the Member Identification Numbers (Member Id) to a single Universal Account Number.
When a person joins a new company, they have to provide their Universal Account Number (UAN) which helps the employer to mark the new assigned Member Identification Number (Member Id) to the already allotted Universal Identification Number (UAN).
According to the new information provided by the EPFO, UAN, if duly seeded with KYC detail, can help the member to enjoy various online services directly without the interference of the employer.
What is KYC? All you need to know
The full form of KYC is Know Your Customer. It is a one-time process that helps to establish the identity of the subscribers through linking UAN with KYC details. Both the employees and the employers need to provide KYC details like Aadhaar, PAN, Bank account details, etc for establishing a unique identity for them to be able to enjoy uninterrupted online services.
How can one seed KYC details with UAN?
Here is a step-by-step process through which you can seed your KYC details with UAN
Step 1: Log in to your EPF account – go to the unified member portal – https://unifiedportal-mem.epfindia.gov.in/memberinterface/
Step 2: Select the ‘KYC’ option in the ‘Manage’ section
Step 3: Select the details (PAN, Bank Account, Aadhar, etc) that you want to link with your UAN.
Step 4: Fill in the field with the required details.