EPFO further eases claim settlement process in these cases! No more uploading of…
The Employees Provident Fund Organisation (EPFO) has further relaxed norms for the settlement of claims in certain cases. The retirement fund body in a recent circular said that EPFO members will be exempt from the requirement of uploading an image of a validated bank passbook or cheque leaf in some eligible cases.
“With a view to facilitate the speedy settlement of claims filed online and to reduce the rejection of claims due to the reason of non-uploading of the image of cheque leaf/ attested bank passbook while filing claims online, it has been decided with the approval of the CPFC to relax the requirement of mandatory uploading of the image of cheque leaf/ attested bank passbook for certain eligible cases based on certain validations which include Online Verification of the Bank KYC by concerned Bank/NPCI, Verification of Bank KYC by the employer using DSC, Seeded Aadhaar Number verified by UIDAI among others,” according to the EPFO circular dated May 28, 2024.
Citing reasons for giving this relaxation, the EPFO said that the bank KYC has been online verified by bank and has been digitally signed by the employer for this case among other validations and therefore, mandatory uploading of the image of cheque leaf/attested bank passbook is not required.
Also read: New EPFO Rule: Limit of auto claim settlements under this section doubled | Know how much a subscriber can withdraw
The retirement fund body has already sent communications in this regard to its field offices last month on May 9 and sent an email notification to its zonal offices on May 13, 2024.
“The claims being eligible for this relaxation would be soon color coded for ease of identification of such claims by the ‘dealing hands’ to prevent any inadvertent
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