Below this collaboration, India Put up Funds Financial institution (IPPB) will leverage its vast community of over 1.65 lakh submit workplaces and three lakh postal service suppliers (Postmen and Gramin Dak Sevaks) geared up with doorstep banking gadgets which might be used for digital strategy of face authentication expertise and fingerprint biometric authentication to help EPFO pensioners in submitting their Digital Life Certificates.
“India Put up Funds Financial institution (IPPB) has signed a Memorandum of Understanding (MoU) with Workers' Provident Fund Organisation (EPFO) to supply doorstep Digital Life Certificates (DLC) companies to its pensioners beneath the Workers' Pension Scheme, 1995,” the assertion stated.
The digital life certificates (DLC) helps pensioners confirm themselves on-line as an alternative of coming to the workplace bodily for verification yearly. It eliminates the necessity for them to go to financial institution branches or EPFO workplaces to submit conventional paper-based certificates.
The MoU was exchanged between IPPB, MD and CEO , R Viswesvaran and EPFO, Central Provident Fund Commissioner (CPFC) Ramesh Krishnamurthi in the course of the 73rd Basis Day of EPFO.
“EPFO will bear the price of issuing Digital Life Certificates solely, making the service free for his or her pensioners,” the assertion stated.India Put up Funds Financial institution (IPPB) had launched the Doorstep Service of Digital Life Certificates in 2020 for producing JeevanPramaan for pensioners utilizing Aadhaar enabled biometric authentication to scale back the turnaround time for issuance ofJeevanPramaan.”This partnership with EPFO reinforces IPPB's mission to carry important monetary and citizen companies to each doorstep in India. With our technology-enabled postal community and trusted last-mile attain, EPFO pensioners-especially in rural and semi-urban areas-will now be capable of full their life certificates submission seamlessly, with dignity and comfort,” Viswesvaran stated.
To avail the service, EPFO pensioners might want to contact their postman or Gramin Dak Sevaks or go to their nearest submit workplace, present Aadhaar quantity and pension particulars for Aadhaar linked face authentication or fingerprint biometric authentication, based on the assertion.
