EPFO Removes Cheque Leaf Upload & Employer Approval for Bank KYC

EPFO Removes Cheque Leaf Upload & Employer Approval for Bank KYC

EPFO Removes Cheque Leaf Upload & Employer Approval for Bank KYC

Key Changes in the EPFO Circular (April 2025)

The Employees’ Provident Fund Organisation (EPFO) has taken a major step to simplify online claim processing. The two major updates are:

  • No More Cheque Leaf/Passbook Upload: EPF members no longer need to upload an image of a canceled cheque or attested passbook if their bank account is validated by the concerned bank/NPCI.
  • Employer Approval for Bank KYC Removed: The process of bank account seeding with UAN will now be auto-approved upon verification from the bank/NPCI.

Impact on EPF Members

This initiative benefits employees by:

  • Faster claim settlements with reduced documentation.
  • Eliminating employer dependency for bank KYC updates.
  • Ensuring auto-approval of pending KYC requests.

Implementation & Next Steps

The circular is effective from April 2025. Employees should ensure that their bank account details are correctly validated to avoid delays in claim processing.

Download the official notification: EPFO Circular (April 2025)

For official updates, visit the EPFO website.

For more compliance updates, visit Compliance Journal.

Jigar Kenia

Recent Posts

How Can Pensioners Generate Life Certificate (Jeevan Pramaan) On UMANG App?

How Can Pensioners Generate Life Certificate (Jeevan Pramaan) On UMANG App? | Complete Guide How…

2 months ago

Master the 12 most critical labour laws for HR professionals in private limited companies in India

12 Critical Labour Laws Every HR Must Know in 2025 - ComplianceAge 12 Critical Labour…

2 months ago

Karnataka Shops and Commercial Establishments Minimum Wages 2025-26: Latest Updates

Karnataka Shops and Commercial Establishments Minimum Wages 2025-26 | Complete Guide Karnataka Shops and Commercial…

2 months ago

India’s New Labor Codes

India's New Labor Codes: A Comprehensive Guide for Businesses March 18, 2025 Labor Compliance 12…

3 months ago

Calculation Rules for Employee Provident Fund (EPF) and Employee Pension Scheme (EPS)

Understanding EPF and EPS Calculation: A Comprehensive Guide - ComplianceAge Blog Understanding EPF and EPS…

3 months ago

Comprehensive Guide to BOCW Maharashtra Registration

BOCW Maharashtra Registration - Complete Guide for Employers | ComplianceAge Comprehensive Guide to BOCW Maharashtra…

4 months ago