EPFO Notified that with effect from 1st April 2021 the IFSC of some bank has become invalid. The basic reason behind this RBI (Reserve Bank of India) has announced to merge 10 public sector banks into four entitles. RBI decided this because merger is to increase the global competitiveness of Indian banks.
EPFO announced following banks IFSC code invalid from 1st April 2021.
- Andhra Bank
- Oriental Bank of commerce
- Allahabad Bank
- Syndicate Bank
- United bank of India
- Corporation Bank
So member needs to get the correct IFSC added through employer as till then no online claim filing will be facilitated.
Kindly get the Correct IFSC from your bank and get the details uploaded and approved. EPFO requested employers to Approve all pending KYC which is seeded by member from member portal.
