Personnel' Provident Fund Enterprise (EPFO) has now extended its closing date for personnel, which comes as precise news for all people. The EPFO has prolonged the closing date to activate the Universal Account Variety (UAN) underneath the Employment-Linked Incentive (ELI) Scheme.
The new closing date to set off your UAN is now june 30, 2025.
EPFO announcement
"Please talk over the circulars mentioned beneath references. On this connection, the competent authority has granted an extension of the timeline for UAN activation and AADHAAR seeding in financial institution accounts till thirtieth june, 2025," the EPFO stated in a round dated May 30. The authentic cut-off date introduced for finishing this challenge is november 30, 2024. Due to the fact that the PF agency has extended the deadline a couple of times,.
What if the system isn't finished by using june 30, 2025?
Activating your UAN by this date will make your lifestyles easier. If you don't hyperlink it along with your Aadhaar and bank account, you might not be able to obtain the benefits to be had beneath the ELI Scheme. Staying up to date and ahead of time with the modern information on the benefits will continually help you take complete advantage of the scheme. Consequently, it's far better to finish your UAN process earlier than the deadline.
What is EPFO 3.0?
EPFO 3.0 represents a main technological upgrade to the traditional EPFO device. Currently, chickening out of the PF budget is a bulky matter involving significant paperwork and employer approvals. With EPFO 3.0, personnel will no longer need to navigate prolonged documentation or visit EPF workplaces. Rather, they'll be capable of withdrawing their PF money instantly via ATMs, much like a normal bank withdrawal.
What's UAN, and why is activating it essential?
The typical account number (UAN) is a completely unique 12-digit quantity given to each worker to assist in managing their provident fund (PF) accounts throughout exceptional jobs. With a UAN, employees can easily check their PF balance, view account information, transfer price range, and declare withdrawals in a multi-functional vicinity. To access these services online, it's vitally important to set off the UAN. Additionally, for direct transfer of PF money to a bank account, linking the UAN with Aadhaar is vital.
the way to set off UAN online?
EPFO beneficiaries can set off their UAN online by journeying to the EPFO Member Sewa portal. The technique is simple and includes following some easy steps on the website. This allows employees to get entry to diverse online offerings related to their provident fund account.
Step 1: Visit the EPFO Member Sewa portal right here.
Step 2: Click on 'Prompt UAN' beneath the 'Critical Links' section.
Step 3: Enter the specified information, including UAN, Aadhaar, date of beginning, and contact variety.
Step 4: Enter the OTP obtained at the registered wide variety and complete the method.
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