Signzy EPFO API

• The Signzy EPFO API enables real-time verification of an individual’s EPFO (Employees’ Provident Fund Organisation) details for employment and income verification purposes. This API helps banks, NBFCs, background verification companies, and employers access verified data on PF account numbers, employment history, and contribution status—streamlining hiring, underwriting, and compliance workflows.

Major Customer

• ICICI Bank, KredX, Muthoot Finance, Navi, Background verification firms

• These organizations use Signzy’s EPFO API to automate employment checks, assess financial stability, and verify user claims during onboarding or credit processing.

Fees

• (Signzy) offers a usage-based pricing model, determined by the volume of verification requests.

• (Contact us) to get a personalized pricing plan tailored to your employment verification needs.

Features & Integrations

• Real-Time EPFO Lookup: Verifies Universal Account Number (UAN), employer name, and contribution history
• Employment Status: Confirms active or inactive employment and contribution records
• Income Assessment: Helps assess income level through regular PF contributions
• Consent-Based Access: Retrieves information via OTP-based user consent
• Secure & Compliant: Aligned with Indian data privacy and employment verification norms
• API-Ready Integration: Easily connects to HRMS, onboarding platforms, lending engines, and background verification tools

Use Cases of Signzy EPFO API

• Employment Verification for Loan Underwriting: Instantly verify a borrower's employment status, employer name, and contribution history to assess creditworthiness and income stability.
• Salary-Linked Loan Products: Use EPFO data to validate salaried employment before disbursing personal loans, credit cards, or BNPL offerings.
• Insurance Risk Assessment: Confirm employment and financial activity for accurate risk profiling in life, health, or term insurance underwriting.
• Onboarding for Credit Line & EMI Services: Verify salaried status and active contributions to EPFO to approve flexible credit lines or EMI conversion plans.
• Workforce Verification for Employers: Employers and staffing platforms can validate job seekers’ EPFO history to ensure authenticity and avoid resume fraud.
• Digital Onboarding for Financial Platforms: Use EPFO data to automate income verification and reduce document uploads during KYC and onboarding processes.
• Alternate Credit Scoring: Leverage EPFO contribution history as a proxy for financial stability in cases where traditional credit bureau data is unavailable.
• Re-KYC or Employment Revalidation: Periodically re-check EPFO details to keep employment status and financial health profiles up to date.
• Gig Worker or Freelancer Transition Checks: Track if a user has shifted from salaried employment to freelance/gig work, helping tailor financial products accordingly.
• Faster Policy Issuance or Loan Approval: Automate employment verification to shorten processing time for loans, insurance, and other financial services.

Advantages of Using Signzy EPFO API

• Speeds Up Employment Verification: Instantly validate job history and contribution status

• Improves Lending Accuracy: Use verified income history to strengthen credit risk models

• Reduces Fraud Risk: Ensures authenticity of user-declared employment and salary

• Compliant With Indian Regulations: Meets EPFO data access and consent norms

• Scalable for Bulk Checks: Supports large-scale verifications for hiring and financial assessments

• If your business needs a fast, secure, and compliant way to verify EPFO details for employment or income verification, the Signzy EPFO API is a reliable tool for regulated industries across India.