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EPFO Drops Cheque Upload and Employer Approval for Bank Seeding

4 April 20251 min read
GOVERNMENT SCHEMESEPFO Drops ChequeUpload andEmployer Approvalfor Bank Seeding4 April 2025safalsetu.com

Why in the news

The Employees’ Provident Fund Organisation simplified online claim filing and the linking of bank accounts to the Universal Account Number (UAN).

Key facts

  • Scanned cheque leaf or attested passbook is no longer needed, as the bank account is verified at UAN seeding. Piloted from May 28, 2024, reaching over 1.7 crore members; around 6 crore now gain.
  • Employer approval for seeding or changing bank details is scrapped; Aadhaar OTP authenticates directly.
StepDuration
Bank verificationAbout 3 days
Employer approvalAbout 13 days

Significance

  • Faster claims, fewer rejections and grievances, lighter employer workload.

Exam angle

  • Pilot date: May 28, 2024; authentication: Aadhaar OTP.

Test yourself

1. How are bank details now authenticated when seeded with the UAN, per EPFO's reform?

Employer approval was removed; Aadhaar OTP authenticates bank seeding.

2. From which date did EPFO pilot dropping the cheque leaf upload for KYC-updated members?

The pilot started on May 28, 2024.

3. Approximately how many bank seeding requests were pending at employers?

Over 14.95 lakh requests awaited employer approval.