Pension fund regulator Pension Fund Regulatory and Development Authority (PFRDA), on Wednesday, said the subscribers can now use online mode to exit the National Pension System (NPS). Currently, NPS subscribers have to physically approach their Points of Presence (POPs) to complete the withdrawal process and the task is done physically. NPS subscribers will need to submit the NPS withdrawal […]Continue Reading..
The Narendra Modi government has made it easy to get a Permanent Account Number (PAN) card. The new applicants are no longer required to fill a detailed application form Now. One can get a PAN card instantly in 10 minutes. The service was announced by Union Finance Minister Nirmala Sitharaman earlier this year. The Finance […]Continue Reading..
For the future of the employee, some part of his salary accumulates in the PF. You can also transfer these accounts after leaving a job and joining another company. But during the lockdown, there has been a problem of withdrawing provident fund (PF) due to the sudden closure of many companies. If you are also […]Continue Reading..
It is often a question in the mind of the people whether their full KYC is done or not. In such a situation, they get information about this by calling Paytm Customer Care. According to the new rules of the Reserve Bank of India (RBI), it is necessary that all pre-paid wallets fulfill the Know Your […]Continue Reading..
The Employees’ Provident Fund Organization (EPFO) has updated the Know Your Customer (KYC) information of its 73.58 lakh users between April and June. The Ministry of Labor and Employment gave this information on Monday. This will help these lakhs of EPFO members to avail online services. According to the statement of the ministry, by updating […]Continue Reading..
If you use Paytm, then it is very important for you to read this news. Paytm Payments Bank Limited (PPBL) has allowed account holders to complete their KYC formalities on the mobile app. Now customers can get KYC without leaving their homes and calling a person outside. If you use Paytm, then it is very […]Continue Reading..
EPF withdrawal claims are now being processed faster than before as the Employees’ Provident Fund Organisation (EPFO) has not only launched a new artificial intelligence (AI) tool for auto processing of claims but also delinked accounts from regional offices. So far, your provident fund account was linked to the nearest local or regional office and […]Continue Reading..
Even as the government has started the phase-wise unlock of the Indian economy, social distancing will continue to be the new normal. A lot of people will be apprehensive about going out and would prefer completing important tasks online. The Life Insurance Corporation (LIC) has also allowed relaxations in settlement of maturity claims and survival […]Continue Reading..
With the lockdown almost stalling the lending process and opening up of new accounts, banks have started doing KYC (know your customer) via videos. Kotak Mahindra Bank Ltd was the first one to launch a savings account for which the entire KYC process can be done online, followed by IndusInd Bank Ltd and RBL Bank […]Continue Reading..
It is important that your Employees’ Provident Fund (EPF) account is KYC compliant. If the EPF account is not KYC compliant, then you will not be able to avail various services online on the Employees Provident Fund Organisation’s (EPFO) Member e-Sewa Portal. Some of these services include filing withdrawal claim, transfer of account, making nomination etc. If […]Continue Reading..