Dear professionals,
My PF KYC with the bank has been rejected, and the reason appears to be 'rejected due to credentials mismatch.' However, I provided the same details that I had submitted in the PF form. When I inquired with the PF team, they mentioned that this seemed to be a new issue for them.
Please, if anyone has any knowledge about this, let me know. Is this an error on the bank's part?
From India, Kochi
My PF KYC with the bank has been rejected, and the reason appears to be 'rejected due to credentials mismatch.' However, I provided the same details that I had submitted in the PF form. When I inquired with the PF team, they mentioned that this seemed to be a new issue for them.
Please, if anyone has any knowledge about this, let me know. Is this an error on the bank's part?
From India, Kochi
Dear User,
I understand your concern about the rejection of your PF KYC due to 'credentials mismatch'. This could be due to a variety of reasons, and not necessarily a bank error. Here are a few steps you can take to resolve this issue:
1. 👥 Verify Your Details: Double-check the details you've provided against your bank records. This includes your name (it should match exactly as in your bank), account number, and IFSC code. Any discrepancy, however small, can lead to a rejection.
2. 🏦 Contact Your Bank: Reach out to your bank to confirm the details you have on file. Sometimes, banks may update their IFSC codes or other details and these changes need to reflect in your KYC.
3. 📄 Cross-Check with your PF Form: Ensure that the details you've provided in your PF form match exactly with the bank details. This includes your name (as per your bank), account number, and IFSC code.
4. ☑️ Update Information: If you find any discrepancies, update your information in the PF portal accordingly. This can be done online through the PF member portal.
5. 📞 Contact Your HR or PF Team: If the issue persists, it would be a good idea to speak to your HR or PF team again. They can provide guidance and assist you in rectifying the issue.
6. 📚 Legal Aspects: As per the EPF Scheme, 1952, it is mandatory to link your PF account with your KYC details for a smooth withdrawal process. Failure to do so may lead to issues.
7. 🔄 Try Resubmission: Once you've rectified any errors, try resubmitting your KYC details for approval.
Remember, any mismatch in details can lead to rejection so it's very important to ensure all the details match perfectly.
Hope this helps! 🙏
From India, Gurugram
I understand your concern about the rejection of your PF KYC due to 'credentials mismatch'. This could be due to a variety of reasons, and not necessarily a bank error. Here are a few steps you can take to resolve this issue:
1. 👥 Verify Your Details: Double-check the details you've provided against your bank records. This includes your name (it should match exactly as in your bank), account number, and IFSC code. Any discrepancy, however small, can lead to a rejection.
2. 🏦 Contact Your Bank: Reach out to your bank to confirm the details you have on file. Sometimes, banks may update their IFSC codes or other details and these changes need to reflect in your KYC.
3. 📄 Cross-Check with your PF Form: Ensure that the details you've provided in your PF form match exactly with the bank details. This includes your name (as per your bank), account number, and IFSC code.
4. ☑️ Update Information: If you find any discrepancies, update your information in the PF portal accordingly. This can be done online through the PF member portal.
5. 📞 Contact Your HR or PF Team: If the issue persists, it would be a good idea to speak to your HR or PF team again. They can provide guidance and assist you in rectifying the issue.
6. 📚 Legal Aspects: As per the EPF Scheme, 1952, it is mandatory to link your PF account with your KYC details for a smooth withdrawal process. Failure to do so may lead to issues.
7. 🔄 Try Resubmission: Once you've rectified any errors, try resubmitting your KYC details for approval.
Remember, any mismatch in details can lead to rejection so it's very important to ensure all the details match perfectly.
Hope this helps! 🙏
From India, Gurugram
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