The Employees’ Provident Fund Organisation (EPFO) has operationalised a software for online filing of the changes in know-your-customer (KYC) details, the Ministry of Labour & Employment said in a statement on Saturday. It added that around 40,000 claims have been approved by the field offices on the revamped online portal for changes, such as name, gender, date of birth, parent name, marital status, nationality, and Aadhaar. In the first two months of the current financial year, the EPFO has overall settled around 87 lakh claims in the form of advances for housing, post matriculate education of children, marriage, illness, final provident fund settlements, pension, insurance, it said. At present, around 7.5 crore members are active contributing members to the provident fund, pension and insurance schemes each month, it said. “The members claim these benefits online which has been made possible through a robust computer software application, which validates the data of the member in the Universal Account Number (UAN). Therefore, the consistency of the data of the member in the records of the EPFO is of paramount importance to ensure that the services are provided online seamlessly and to the correct member duly avoiding any risk of erroneous payments or frauds,” it said. For the EPFO’s online portal for KYC changes, all requests are getting routed to the PF offices across the country through the employers. “Members have started filing their requests using this new facility out of which around 40,000 are already approved by the field offices of EPFO. The requests land at the employers’ end, who after verification recommend it for approval. They have received around 2.75 lakh such requests till now,” it said.
