How to Change Bank Account in EPFO Portal for Faster PF Settlement (2026 Guide)
Many EPFO members face PF claim rejections simply because their bank account details are outdated. Whether you have opened a new account or your bank’s IFSC code changed due to a merger, keeping your Bank KYC updated in the EPFO UAN portal is essential for a successful settlement.
If your previous claim was already rejected, you might find our guide on PF claim rejected due to bank account details helpful to understand the specific errors.
Why You Must Update Your Bank Details in EPFO
Your PF amount is directly credited to the bank account linked with your UAN. You must update your details if:
- You have closed your old bank account
- Your bank has merged (for example, Oriental Bank of Commerce into PNB), changing your IFSC code
- Your name in bank records does not exactly match EPFO records
Prerequisites for Online Bank Update
Before starting the process, make sure you have:
- An active UAN and password for the Member e-Sewa portal
- Your Aadhaar-linked mobile number for OTP verification
- Correct bank account number and IFSC code
Step-by-Step Guide to Change Bank Account in EPFO
- Login: Visit the EPFO Member Portal and log in using your UAN and password.
- Navigate to KYC: Click on Manage → KYC.
- Add Bank Details: Under the “Add KYC” section, select Bank.
- Enter Details: Enter your new bank account number and IFSC code. The system will auto-fetch the bank and branch name.
- Verification: Tick the consent box and click Save. You will receive an OTP on your Aadhaar-linked mobile number.
- Submit: Enter the OTP and submit the request.
Approval Timeline and Process
Updating bank details in EPFO happens in multiple stages:
- Stage 1 – Bank Verification: Bank validates your account and name (usually 24–48 hours)
- Stage 2 – Employer Approval: Request is sent to your employer for digital approval
- Final Status: After approval, the new bank details reflect as active KYC in EPFO
What If Your Employer Is Not Approving the Bank Update?
If your employer is not approving the bank KYC request or the company has closed, you still have a solution.
- Visit your regional EPFO office directly
- Submit a Joint Declaration Form with correct bank details
- Attach a copy of your Aadhaar and bank passbook
This offline correction method is officially accepted by EPFO and commonly used for old or closed establishments.
Common Reasons for Bank KYC Rejection
- Name mismatch: Bank account name does not exactly match EPFO records
- Wrong IFSC: Old or inactive IFSC code used
- Inactive or frozen account: Account restricted due to pending Re-KYC (see our guide on fixing frozen bank accounts )
Important FAQs
Q: Can I update bank details without employer approval?
No. Employer approval is mandatory unless you submit a Joint Declaration Form at EPFO.
Q: How long does the full process take?
Usually 7–15 working days, depending on employer response time.
Q: Can I use a joint bank account?
Yes, but only if it is jointly held with your spouse and you are the primary account holder.
Pro Tip: After bank KYC approval, always check your EPFO passbook once to confirm the new bank details are correctly mapped for future claims.
Source: Information based on EPFO member portal guidelines and standard employer approval workflows.
Disclaimer
This article is for informational purposes only. We are not affiliated with the Employees’ Provident Fund Organisation (EPFO). For official updates, always refer to the EPFO website.
