look news india
EPF Account: If you work in the organized sector and a part of your salary is deducted every month and goes into the EPF account. Apart from the employee, the company also deposits money in your EPF account. Also, you get a good amount of interest on this amount deposited every month. Currently, it is getting interest at the rate of 8.25 percent. At the same time, you can add a good amount of retirement fund through EPF account.
Those who withdraw money from EPF, their amount goes directly to the bank account which is linked to the EPF account. But if your account linked to EPF account is closed, then you have to link your new account. So that you can withdraw money. If you are troubled by this problem, then know here the correct way to link a new bank account to EPF account. Only after adopting this method, your EPF account will be linked. Follow the process given below carefully.
How to link EPF account?
- For this, first of all you have to go to the unified member portal of EPFO like https://unifiedporta You have to go to mem.epfindia.gov.in/memberinterface
- After this you will have to log in by entering your UAN, password and captcha code.
- After this you have to click on the 'Manage' tab and after that a drop down menu will appear in front of you. You have to go to this menu and select the KYC option.
- Now select your bank and fill in the account number, name and IFSC.
- After submitting this, the process of linking your bank account is approved by your company. Once approved, your EPF is linked to the account.
