If the bank account linked to EPF account has been closed, then link the new account like this.

Linking a New Bank Account to Your EPF Account

If you’re employed in the organized sector, a portion of your salary is regularly deducted for your EPF (Employees’ Provident Fund) account, alongside contributions from your employer. The EPF account accrues interest, currently at a rate of 8.25 percent, making it a crucial element for building a solid retirement fund. Moreover, you have the flexibility to make partial withdrawals under certain conditions, even after leaving your job.

When you decide to withdraw funds from your EPF account, the money is transferred directly to the bank account linked to it. However, if this linked account has been closed, it’s essential to update your account details to facilitate withdrawals smoothly. Fortunately, the process for linking a new bank account to your EPF account is straightforward.

Here’s how to do it:

1. Log in to your EPF account using your UAN (Universal Account Number), password, and captcha code.
2. Navigate to the ‘Manage’ tab and select the dropdown menu that appears.
3. From the dropdown menu, choose the ‘KYC’ option.
4. Select your bank from the list provided and input the new bank account number, your name as per bank records, and the IFSC (Indian Financial System Code).
5. Once you’ve filled in the necessary details, submit the form.
6. Your HR department will review and approve the linking process. Upon approval, your new bank account will be successfully linked to your EPF account.

By following these steps, you can ensure that your EPF withdrawals are seamlessly processed, providing you with access to your hard-earned funds when needed.