EPFO E-nomination: File your e-nomination today itself, otherwise you will face loss, know the complete process
EPFO E-nomination: Employees Provident Fund (Employees Provident Fund OrganizationThere is an important news for every salaried person depositing money in . EPFO provides e-nomination to its account holders (e-nomination) is asked to do. It has been told by the organization that there will be e-nomination in any account, hence it is necessary so that in case of death of the member, the beneficiary can easily get the Provident Fund Pension (EPS) and Insurance (EDLI) benefits. In such a situation, the nominee is also being provided the facility of online claim submission. Additionally, nominees also get money deposited in the account holder’s Employees’ Pension Scheme (EPS) and Employees’ Deposit Linked Insurance Scheme (EDLI). For e-nomination you can visit www.epfindia.gov.in.
How to do e-nomination
To do e-nomination in EPFO, first open the EPFO Member e-Seva portal and login to the account by entering your UAN, password and captcha. After this, first select Manage in the menu above and then select the option of e-nomination from there. After this a new page will open. Here, select the option to register a new nomination. After this, you will see the profile on the screen. Click on proceed here. After this, on the next screen, upload the nominee’s Aadhaar number, name, gender, date of birth, relationship, bank account details and guardian (if the nominee is a minor), and the nominee’s photo. After this, give details of his/her relationship with you and the percentage of claim amount etc. After this save it.
It is necessary to link UAN number with Aadhaar number.
It is very important for EPFO members to link the UAN number in the account with the Aadhaar number. Along with this, employees who have opened a new account or made any changes in the account details are also required to link Aadhaar. To link Aadhaar, first go to EPFO website. Login there by giving the required information and go to your account. Click on KYC under Manage menu. Select the Aadhaar option and enter your details. After this click on save. Here it will be verified using UIDAI data. After completion of KYC, Aadhaar will be linked to the EPF account.
What is EPFO?
The Employees’ Provident Fund Organization (EPFO) was established in 1951 by the Ministry of Labor and Employment, Government of India. Through this statutory institution of the Government of India, people are encouraged to save for retirement. The current interest rate on PF is 8.15 percent. It is possible to easily calculate the interest amount to be credited to the EPF account at the end of a financial year. This amount is added to the contributions of the employer and the employee at the end of the year to know the total balance in the account.
How to check PF account balance
To check your balance in EPFO account, go to. Log in here with your Universal Account Number (UAN) and password. If you have not activated your UAN, you can do so by clicking on “Activate UAN” on the login page. After logging in, go to “View” section and click on “Passbook” to view your EPF account balance, contributions and transactions.
EPFO issued SOP
Account holders will not face any problem in updating 11 details related to their account including name, date of birth and gender. EPFO has issued a standard operating procedure (S.O.P.) is released. By providing EPF account holders the facility to update their personal information, the number of claim rejections will also reduce and the risk of fraud will also reduce. By providing EPF account holders the facility to update their personal information themselves, the number of claim rejections will reduce. Besides, the risk of online fraud will also reduce.
You will be able to do these 11 updates easily
If the information submitted to EPFO and the information filled in the claim form at the time of making the claim does not match, the claim gets rejected. But now EPFO has issued a circular saying that EPF members can correct or update 11 details. The information that can be updated includes name, gender, date of birth, father’s name, relationship, marital status, date of joining. Date of joining, reason for leaving, date of leaving, nationality and Aadhaar number are included.
