Retirement fund body EPFO will accept online its subscribers' Aadhaar card as valid proof to rectify their date of birth to ensure that the account is KYC compliant, the labour ministry said on Sunday.
According to the statement, the date of birth recorded in Aadhaar will now be accepted as valid proof of date of birth for the purpose of rectification, provided that the difference in the two dates is less than three years.
The PF subscribers can submit the correction requests online.
It said that this will enable the EPFO to validate the birth date of members online with Unique Identification Authority of India (UIDAI) instantaneously, thus authenticating and reducing the processing time of change requests.
The EPFO has instructed field offices to expedite disposal of online requests, enabling Provident Fund members in financial distress, to apply online for availing non-refundable advance from their PF accumulations to tide over COVID-19 pandemic. | To read full story, visit https://startuparound.com/read/1586160005.4771593/Coronavirus:-EPFO-to-accept-Aadhaar-as-birth-proof-online-from-subscribers?ref=audio_experience