March 20, 2025 - Page 2 of 2 -

Keeping your banking information updated adds a layer of convenience to your dealings. There are many critical banking details which change as per time and place, one of them being the Indian Financial System Code (IFSC). Updating these details updated with your various financial accounts is important. This is especially true when it comes to the details present in your Employee Provident Fund Organization (EPFO) account.It could be that you have recently switched banks, or your existing bank has updated its branch’s IFSC code. In such a situation, you must update your IFSC code to ensure seamless transactions. This article provides a comprehensive guide on how to update the IFSC code in EPFO.Understanding the Role of IFSC in EPFOThe IFSC code is an 11-character alphanumeric code that uniquely identifies a bank branch in India, facilitating electronic money transfers. In the context of EPFO, the IFSC code is crucial as it ensures that your provident fund settlements and pension disbursements are directed to the correct bank branch. An outdated or incorrect IFSC code can lead to delays or errors in fund transfers, making it imperative to keep this information updated.Step-by-Step Guide to Update IFSC Code in EPFOHere are the steps you can follow to update IFSC Code in EPFO:1. Access the UAN Member Portal:Begin by visiting the official EPFO member portal. Use your Universal Account Number (UAN) and password to log in.2. Navigate to the KYC Update Section:Once logged in, head to the ‘Manage’ tab and select ‘KYC’. This is the section where you can update your bank account details, including the IFSC code.3. Update Your Bank Details:In the KYC section, you will find an option to add or update your bank account information. Enter your new bank account number along with the updated IFSC code.4. Submit the Changes for Approval:After entering the new details, submit your request. This request will be sent to your employer for verification and approval. Once approved, the updated IFSC code will reflect in your EPFO account.5. Verify the Changes:After a few days, log back into your EPFO account to verify that the changes have been successfully updated. This step ensures that your financial transactions will proceed without any hitches.Following the steps given above will allow you to change the IFSC Code in EPFO. In such a situation, it is very important to bank with an institution that offers prompt and swift service. If you want to associate with a bank that makes critical details like the IFSC accessible for you with ease, consider IndusInd Bank to open a savings account. Why Choose IndusInd Bank for Your Savings Account?IndusInd Bank offers a range of savings accounts that cater to different financial needs, making it an ideal choice for many. One of the standout offerings is the Indus Delite Zero Balance Savings Account, which provides flexibility and ease without the worry of maintaining a minimum balance. Moreover, the bank offers a streamlined process to open a savings account online, making it convenient for customers to manage their finances from anywhere.Key Features of IndusInd Bank’s Indus Delite Zero Balance Savings Account1. No Minimum Balance Requirement:Enjoy the freedom of banking without the constraints of maintaining a minimum balance.2. 100% Digital Opening:The account opening process is 100% online and user-friendly, allowing you to initiate your banking journey from the comfort of your home.3. Competitive Interest Rates:The Indus Delite Zero Balance Savings Account offers competitive interest rates up to 6.75% p.a. These rates are subject to change. Please check the updated savings account interest rates on our website.4. Choose your Account Number:IndusInd Bank allows you to choose your preferred account number with the ‘My Account My Number’ feature. This account number can be any number that holds significance for you and that you can remember easily.Also Read: Why Does Every Indian Need a Savings Account?ConclusionKnowing how to change your IFSC code in EPFO is vital in ensuring the smooth execution of your financial transactions. With an IndusInd Bank savings account, particularly a zero balance account, you can enjoy a hassle-free banking experience that complements your provident fund management. By following the outlined steps, you can update or change your IFSC code in EPFO, ensuring that your funds are always directed in the right direction.Whether you are opening a savings account online with IndusInd Bank or updating your EPFO details, digital solutions can simplify your financial affairs. Thus, allowing you to focus on your life’s priorities without financial interruptions.Get your IndusInd Bank Savings Account today!Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.Share This:

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Daily Archives: March 20, 2025

How To Update IFSC Code In EPFO?

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