Sometimes your Employees Provident Fund (EPF) Pension might be stopped due to various reasons such as non-submission of Digital Life Certificate, Bank processing issues, name mismatch etc., Non-Submission of Digital Life Certification for EPF Pension If you have not submitted your Digital Life Certificate, then the Employees Provident Fund Organization (EPFO) will stop the Pension…
As per the latest notification the minimum Assured amount in case of death of the member under EDLI will be raised to 2.5 lakhs from the current limit of 1.5 lakhs. EDLI – What is EDLI? This will be paid to the kin of family member or his/her spouse or the children of the…
As per the recent circular by the EPFO, Aadhaar has been made mandatory for all members who join EPS (Employee Pension Scheme – EPS 1995) and members are requested to verify and validate the details before it is submitted by the Employer to the EPF Office EPFO Circular making Aadhaar Mandatory http://epfindia.gov.in/site_docs/PDFs/Circulars/Y2017-2018/Pension_Aadhaar_JeevanPramaan_8051.pdf Aadhaar not Mandatory…
These are the banks with which EPF has a tie-up with to disburse the PF pension for the members of the EPS scheme (Employees Pension Scheme).A PF member needs to have an account in any of the these banks under the Respective Regional office (RO) Andaman PF Office Pension Disbursing Banks PF Office Pension Disbursing…
EPS otherwise known as Employees Pension scheme is one of the flaghship schemes of EPFO. It was started in 1995 and it’s designed to assure Employees get a minimum pension after their retirement or after 10 years of service.(subject to some conditions) Features of EPS 8.33% of the Salary(Basic+DA) contributed by the Employer 1.16%…
Incase of Death of the member who was covered under EPF, His family or anyone from his family can get the Claim amount under EDLI. (Employees Deposit Link Insurance) scheme of the EPFO. This scheme nearly provide 10lakhs in case of death of the member They have to be either More details about the EDLI…
To know more about Free Insurance under EPF – EDLI click here Under any insurance scheme you can exactly tell what your Claim amount would be and it wont be different from time to time.For E.g if you say 10 Lakhs and it would be 10 Lakhs throughout the period whereas in EDLI scheme under…
The Employees’ Deposit Linked Insurance (EDLI) Scheme, offered by the EPFO alongside EPF and EPS, provides affordable life insurance to millions of Indians. This employer-funded scheme ensures financial security for families in the unfortunate event of an employee’s death, regardless of age or health conditions. What is EDLI? EDLI offers life insurance coverage to the…
KYC details are nothing but information about yourself like PAN,Bank Account, Aadhaar, Passport,Driving License,Ration Card,National Population Register,Election card etc., And you can also update them directly in UAN like shown in the below posts
The Employees’ Provident Fund Organization (EPFO) stands tall as one of the world’s largest social security organizations, managing a massive financial ecosystem for millions of Indians. Here’s why it’s crucial for your financial future: Impressive Reach: Financial Strength: Attractive Investment: Additional Points: The member accounts EPFO will continue to grow in the coming years and…
Understanding how your EPF contributions work is crucial for planning your retirement. This guide breaks down the employee and employer shares, including the recent rule change! Employee EPF Contribution Employer EPF Contribution Share: 12% of your basic salary, distributed as follows: Important Note: Key Takeaways: Additional Notes: By understanding these contributions, you can make informed decisions about…
Concerned about stagnant EPF returns? The Employees’ Provident Fund Organization (EPFO) is taking action! To combat declining interest rates, they’ve embarked on a strategic journey of investing in the stock market, with the potential to significantly enhance your retirement savings. From Bonds to Stocks: A Paradigm Shift Traditionally, EPFO played it safe, investing solely in…
Need to change your UAN mobile number? Don’t worry, it’s a breeze with the Employees’ Provident Fund Organization (EPFO)! This guide will walk you through the process in simple steps, ensuring you stay informed and connected to your EPF account. Why update your UAN mobile number? Requirements: Steps to Update Your UAN Mobile Number: Important…
Staying informed about your EPF account is crucial, and keeping your email address updated is key! This guide walks you through the simple process of changing your email address on the EPFO UAN portal, ensuring you receive all important communications regarding your PF account and claim withdrawals. What You’ll Need Steps to Update Email Address:…
Employees Provident Fund Organization (EPFO) allows you to add your Passport Number as one of EKYC Proofs in the Member e-Sewa UAN portal. (The other KYC Proofs can be added are Bank and PAN documents) Update Passport Number in the EPF Portal
Accessing Employee Provident Fund (EPF) services like withdrawals and transfers requires a linked bank account in the UAN member portal. Here’s a clear guide to update it seamlessly, along with solutions to common errors. Prerequisites: Steps to Update Bank Account: Troubleshooting Common Errors: Remember: By following these steps and addressing potential errors, you can efficiently…
Is your PAN on the EPFO UAN portal inaccurate? Fear not! Here’s a step-by-step guide to updating it seamlessly using the eKYC feature on the UAN PF Portal. Prerequisites: Steps: Verification Process: Success! Once both approvals are complete, your updated PAN will reflect on your UAN portal Apart from these using the same process you…
Gone are the days of navigating complex websites for your Employees’ Provident Fund (EPFO) needs! This guide empowers you with complete information on accessing convenient and official EPF services through the UMANG mobile app. Fraud App & Imposters Accessing Your EPFO UAN on UMANG: Unfolding a Spectrum of Services: Once logged in, you can seamlessly…
Understanding your Employees’ Provident Fund (EPF) account and its lifecycle is crucial for every member. While closing an EPF account isn’t as straightforward as a bank account, this guide clarifies your options and eligibility criteria. Closing Your EPF Account: Unlike banking accounts, closing an EPF account happens under specific circumstances: Benefits of UAN-Enabled Transfers: Beyond…
The way in which we can check our PF Balance has changed. All you need is UAN number to check Balance for your PF that is associated with Bandra EPF office. Then you can follow any of the methods below Bandra EPF Office Balance check with UAN Number (By SMS or Missed call) Bandra EPF…
The EPFO UAN Card is your key to accessing and managing your retirement savings effortlessly. Whether you’re switching jobs or claiming EPFO benefits, having your UAN Card handy is crucial. Here’s your step-by-step guide to downloading it from the EPFO Member Portal: What You’ll Need: Ready, Set, Download! Why Carry Your UAN Card? source: www.epfindia.gov.in
Universal Account Number is a permanent member ID allocated to each member of the Employees Provident Organization (EPFO) when they join the EPF scheme for the 1st time. It’s a unique number that is linked with Aadhaar of the member. If you don’t know your UAN, Get your UAN from online or from the Employer…
Confused about navigating EPFO’s contact channels? Fear not! This guide unravels your options for getting help with UAN activation, password resets, and queries. Say Goodbye to the Dedicated UAN Helpdesk: While the dedicated UAN helpdesk is no longer available, fret not! EPFO offers alternative avenues for assistance: 1. PF Helpline: 2. PF WhatsApp Numbers: 3….
Confused by changing PF account numbers with every job change? Worry no more! Introducing the Universal Account Number (UAN), your one-stop solution for hassle-free Employee Provident Fund (EPF) management. What is UAN? UAN is a unique 12-digit number assigned to every EPF member in India. Unlike traditional PF account numbers, which change with each employer,…
Contract Staff of the company also are eligible for the PF contribution but their PF contribution needs to be done by the Contractor (Staffing Company) that employs them as contract staff on the Premises of another company (or) for another company. Example: A consultant from the company “CompanyA” might be working on a project for…