EPF Account Tips: If the bank account linked to the EPF account has been closed, then link a new account like this..

New Bank Account Link With EPF Account: If you work in the organized sector, then every month a part of your salary is deducted and goes to the EPF account. Apart from the employee, the company also deposits money in the EPF account. This amount deposited every month earns a good amount of interest. Currently, it is getting an interest of 8.25 percent. A good retirement fund can be added through EPF. If needed, partial withdrawal from EPF funds and withdrawal of money can also be done on leaving the job with some conditions.

When you withdraw funds from EPF, that money goes directly to the bank account which is linked to the EPF account. But if the account linked to the EPF account has been closed, then you will have to link a new account, in which you can withdraw money. If you also have this problem, then there is no need to worry. Know here how to link a new bank account with an EPF account.

This is the process of linking a new account
- For this, first of all, you have to go to EPFO's Unified Member Portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/.

- Log in here by entering your UAN, password, and captcha code.

- After this, click on the 'Manage' tab. After clicking, a drop-down menu will appear in front of you.

You have to go to this menu and choose the KYC option.

- After this, select your bank and fill in the bank account number, name, and IFSC. After filling in the details, click on submit.

- After submitting, the process of linking your bank account is approved by the HR department of your company. As soon as approval is received, your bank account gets linked to the PF account.

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