NEW DELHI : To enable provident fund subscribers use online services like withdrawal claims during the Covid pandemic, the Employees' Provident Fund Organisation (EPFO) today announced that it has updated Know your Customer (KYC) data for its 52.62 lakh subscribers during the last two months. "This includes Aadhaar seeding for 39.97 lakh subscribers, mobile seeding (UAN activation) for 9.87 lakh subscribers and bank account seeding for 11.11 lakh subscribers," the retirement funds body said.
KYC is a one-time process which helps in identity verification of subscribers through linking of Universal Account Number (UAN) with KYC details.