<p>The PM Kisan Samman Nidhi Yojana is a pivotal initiative by the Government of India designed to provide financial support to small and marginal farmers across the country. This article explores the scheme's benefits, eligibility criteria, application process, and its impact on the farming community.</p><h3><strong>What is PM Kisan Samman Nidhi Yojana?</strong></h3><p>Launched by the Indian government in 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana aims to support the country’s farmers by providing them with financial assistance. The scheme ensures that ₹6,000 per year is distributed to eligible farmers in three equal installments of ₹2,000 each. This financial aid is intended to cover farming costs and other related expenses, thus helping to increase agricultural productivity and improve farmers' livelihoods.</p><h3><strong>How to check Beneficiary Status?</strong></h3><p>Follow the below steps to check farmer's beneficiary status by visiting the PM Kisan Samman Nidhi Yojna website.</p><ul><li>Visit pmkisan.gov.in</li><li>Go to ‘Farmer Corner’ on the homepage</li><li>Click on the ‘Beneficiary Status’</li><li>From the drop-down menu, select your State, District, Tehsil, Block or Village</li><li>Click on the the ‘Get Report’ link to see the status</li></ul><h3><strong>Who is Eligible for PM Kisan Yojana?</strong></h3><p>The scheme targets small and marginal farmers with a landholding of up to 2 hectares. Eligibility criteria include:</p><ul><li>The applicant should be a citizen of India.</li><li>They must own cultivable land as per the land records of the government.</li><li>All landholding farmers' families which have cultivable land in their names are eligible to apply.</li></ul><p>However, certain categories of higher economic status are not eligible for the scheme. This includes:</p><ul><li>Institutional landholders.</li><li>Farmer families holding constitutional posts.</li><li>Active or retired officers and employees of State/Central government as well as PSUs and Government autonomous bodies.</li><li>Professionals like doctors, engineers, and lawyers.</li></ul><h3><strong>How to Apply for PM Kisan Yojana?</strong></h3><p>Applying for the PM Kisan Yojana is straightforward:</p><ol><li>Farmers need to visit the nearest Common Service Centres (CSCs) or the official PM Kisan website.</li><li>Required documents include land ownership papers, Aadhaar card, and bank account details.</li><li>The online form needs to be filled out with accurate farmer details and submitted alongside the necessary documents.</li></ol><h3><strong>The Benefits of PM Kisan Yojana</strong></h3><p>The direct benefits of the PM Kisan Yojana are substantial:</p><ul><li><strong>Financial Support</strong>: The annual amount of ₹6,000 helps farmers manage the initial cost of farming, including buying seeds, fertilizers, and equipment.</li><li><strong>Encouraging Modern Agriculture</strong>: With financial support, farmers are encouraged to invest in modern tools and techniques, which can lead to increased agricultural productivity.</li><li><strong>Reducing Debt</strong>: The financial aid helps reduce the burden of borrowing from unorganized sectors, often at high interest rates.</li></ul><h3><strong>Impact of PM Kisan Yojana</strong></h3><p>Since its inception, the PM Kisan Yojana has had a significant impact on the agricultural sector in India. Over 10 crore farmers have benefited from the scheme, which has not only helped in increasing their farming output but also in stabilizing their income during off-seasons. The scheme has also been pivotal during the COVID-19 pandemic, providing necessary financial support to the farmers when many other sources of income were disrupted.</p><h3><strong>Future Prospects of PM Kisan Yojana</strong></h3><p>The government plans to continuously refine and expand the PM Kisan Yojana to reach more farmers and include more benefits. Initiatives like linking the scheme with other agricultural services like crop insurance and credit facilities are being considered. This integrated approach will help in creating a more robust agricultural support system in India.</p><h3><strong>Conclusion</strong></h3><p>The PM Kisan Samman Nidhi Yojana is a testament to the government's commitment to supporting the agricultural backbone of India. By providing financial aid to small and marginal farmers, the scheme not only boosts the agricultural sector but also plays a crucial role in ensuring the country's food security. Farmers who have not yet applied for this scheme are encouraged to do so to avail its numerous benefits.</p>

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Savings Scheme

Discover the benefits of PM Kisan Samman Nidhi Yojana, a government scheme helping Indian farmers with financial support. Learn eligibility and application details.

PM Kisan Samman Nidhi Yojana: Check your Status

<p>The National Rural Employment Guarantee Act (NREGA), now known as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), is a significant initiative by the Indian government. Its primary goal is to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work. This article will explore the key aspects of the scheme, its benefits, and how it operates, in a straightforward manner.</p><h2><strong>What is the NREGA Scheme?</strong></h2><p>Initiated in 2005, the NREGA scheme is one of the largest work-for-welfare programs globally. It aims to cover all rural areas across India and provide a safety net for the rural poor, reducing seasonal unemployment. The scheme not only ensures economic security but also creates durable assets that can enhance the infrastructural base of rural areas.</p><h2><strong>Key Features of NREGA</strong></h2><ul><li><strong>Guaranteed Employment</strong>: Every rural household has the right to 100 days of paid work in a year, involving tasks like digging, tree planting, and road building.</li><li><strong>Focus on Manual Work</strong>: The program prioritizes manual work to ensure that the poorest and most marginalized can participate.</li><li><strong>Decentralized Planning</strong>: Local governing bodies, Panchayati Raj Institutions, are responsible for planning and implementing these projects. This helps ensure that the work provided meets the local community's needs.</li><li><strong>Wage Payments</strong>: Wages must be paid according to the minimum wage rates prescribed by the government. Payments are to be made directly into bank accounts to reduce delays and corruption.</li></ul><h2><strong>How Does the Scheme Work?</strong></h2><ol><li><strong>Eligibility Registration</strong>: Any adult who resides in rural India can apply to be part of the scheme by registering at the local Panchayat and obtaining a job card.</li><li><strong>Demand for Work</strong>: Registered individuals must request work, specifying when they wish to start. Work must be provided within 15 days of the request, failing which an unemployment allowance must be paid.</li><li><strong>Work Allocation</strong>: Work is usually allocated within a 5 km radius of the applicant’s residence. If it is further away, extra wages are paid for travel and subsistence.</li><li><strong>Payment Process</strong>: After the work is completed, wages are paid directly into the bank or post office accounts of the workers, ensuring transparency and reducing the risk of fraud.</li></ol><h2><strong>Benefits of the NREGA Scheme</strong></h2><ul><li><strong>Supports Rural Economy</strong>: By providing employment, NREGA helps increase purchasing power in rural areas, boosting local economies.</li><li><strong>Creates Durable Assets</strong>: Projects under NREGA include building roads, canals, ponds, and wells, which help improve agricultural productivity and access to better infrastructure.</li><li><strong>Empowers Women</strong>: Women are encouraged to participate, with provisions for equal wages to men and facilities such as childcare at work sites.</li><li><strong>Promotes Transparency and Accountability</strong>: With provisions for social audits, regular monitoring, and grievance redressal mechanisms, the scheme promotes transparency and accountability.</li></ul><h2><strong>Examples of NREGA Success</strong></h2><p>In Rajasthan, NREGA funds have been used to build small dams and water conservation structures, which have significantly benefited the agricultural sector by improving water availability. Similarly, in Bihar, road connectivity projects under NREGA have improved access to markets, schools, and healthcare facilities, profoundly impacting rural life.</p><h2><strong>Challenges and Criticisms</strong></h2><p>Despite its benefits, NREGA faces challenges such as delayed wage payments, corruption in the distribution of funds, and uneven quality of asset creation. The government has been making efforts to address these issues through digital governance and more stringent monitoring mechanisms.</p><h2><strong>Conclusion</strong></h2><p>The NREGA scheme stands as a pillar of social security in rural India, aiming to combat rural distress and empower the rural poor. While there are areas for improvement, the positive impact it has had in uplifting rural communities is undeniable. Through continued efforts and reforms, the NREGA scheme can serve as a model for similar programs worldwide.</p>

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Understanding the NREGA Scheme: A Guide for Everyday Readers

NREGA or MGNREGA - Eligibility, Job Card & Benefits

<p>The Employee Provident Fund (EPF) is a program introduced for salaried employees in corporate organisations with a staff count of 20 or more. Administered by the Employee Provident Fund Organization (EPFO) in India, it necessitates both employers and employees to contribute a portion of their salary to this fund. The primary objective of the EPF scheme is to build a substantial fund that employees can access upon retirement or in case of inability to work due to disability.</p><h2>What is the Employees’ Provident Fund (EPF)?</h2><p>The Employees’ Provident Fund (EPF) is a savings initiative designed by the EPFO under the Government of India's oversight. Both employers and employees contribute around 12% of the employee's allowance and basic salary to the EPF. At present, the interest rate on EPF deposits stands at 8.15% per annum.</p><p>The interest accrued on EPF deposits is tax-exempt, and you can withdraw it without any deductions. Upon retirement, employees receive a good amount that includes the accrued interest.</p><p>Accessing the official portal allows individuals to avail of multiple online services offered by EPF India. This easy-to-use platform ensures transparent and zero-hassle services for users.</p>

<h2>EPFO - Employee Provident Fund Organization</h2><p>The Employees' Provident Fund Organisation (EPFO) is a non-constitutional entity encouraging employees to make savings for their retirement. Established in 1951, it operates under the governance of the Ministry of Labour and Employment. EPFO provides schemes catering to both international and Indian workers.</p><h2>EPFO - Schemes&nbsp;</h2><p>The EPFO offers 3 schemes, namely:</p><ol><li>Employees' Provident Funds Scheme 1952 (EPF)</li><li>Employees' Deposit Linked Insurance Scheme 1976 (EDLI)</li><li>Employees' Pension Scheme 1995 (EPS)</li></ol><h2>EPFO - Objectives</h2><p>The primary objectives of the EPFO are:</p><ol><li>Ensuring each employee maintains only a single EPF account.</li><li>Simplifying compliance procedures for all stakeholders.</li><li>Ensuring organisations consistently adhere to EPFO's regulations.</li><li>Enhancing the expansion and reliability of internet-based services.</li><li>Facilitating easy online accessibility to all member accounts.</li><li>Reducing claim settlement duration from 20 to 30 days.</li><li>Encouraging and promoting voluntary compliance among members.</li></ol><h2>EPF - Eligibility</h2><p>The eligibility criteria to enrol in an EPF scheme are:</p><ol><li>Open to employees from both the private and public sectors, providing an opportunity for all employed individuals to become members of EPF India.</li><li>Organisations with a workforce of a minimum of 20 individuals are obligated to offer EPF benefits to their employees.</li><li>Once individuals become active members of the EPF scheme, they gain eligibility for various benefits, including pension and insurance benefits provided by the Employees Provident Fund.</li></ol><h2>EPF - Interest</h2><p>The interest earned on investments within a PF online account remains tax-exempt.&nbsp;</p><ul><li>This interest is applicable solely to active employees’ PF accounts who haven't retired yet. However, the interest that is accrued on these accounts is taxed based on an EPF employee member's applicable tax bracket.</li><li>It's important to highlight that the contribution made towards the Employees Pension Scheme doesn’t accumulate interest.&nbsp;</li><li>Also, members become eligible to avail a pension from this collected sum upon reaching the age of 58.</li></ul><h2>Interest Calculation on EPF</h2><p>The interest provided on EPF schemes is computed monthly by dividing the annual interest rate by 12, facilitating the calculation of the specific interest for each month. For example, if the interest rate is 8.5% per annum, the monthly rate would be (8.5/12) %, i.e., 0.7125%.</p><p>When an individual's salary is Rs. 15,000 per month, 12% of this amount, which is Rs. 1,800, is directed towards their EPF account. Meanwhile, employers contribute 3.67% towards the employee's EPF account and 8.5% towards their EPS account. Consequently, the EPF contribution from the salary would be 3.67% of Rs. 15,000, amounting to Rs. 550. Thus, the total contribution towards the EPF account equals Rs. (1,800 + 550) = Rs. 2,350.</p><p>The interest accrued in one month would be calculated as Rs. 2,350 multiplied by 0.7125%, resulting in Rs. 16.75. It's important to note that the interest accrued in a particular month gets credited to the account at the end of the current financial year.</p><h2>EPFO - Benefits</h2><p>The EPF scheme offers several benefits to its members, including:</p><ol><li><strong>Capital Appreciation:</strong> The PF online scheme provides a predetermined interest on deposits held with EPF India. Upon maturity, additional rewards ensure enhanced growth in employees' funds, fostering capital appreciation.</li><li><strong>Corpus for Retirement</strong>: Approximately 8.5% of an employer's contribution is allocated to the Employee Pension Scheme (EPS), helping in the creation of a robust retirement corpus. This corpus ensures financial security and independence for employees post-retirement.</li><li><strong>Emergency Corpus</strong>: An EPF fund serves as an emergency corpus, offering financial support during unforeseen circumstances, enabling individuals to deal with unexpected situations more effectively.</li><li><strong>Tax-saving</strong>: Contributions made by employees towards their PF account qualify for tax exemption under Section 80C of the Indian Income Tax Act. Furthermore, earnings generated through EPF schemes enjoy tax exemption up to a limit of Rs. 1.5 lakh.</li><li><strong>Easy Premature Withdrawal:</strong> EPF India members have the flexibility of partial withdrawal, enabling them to access funds for various needs such as home construction, higher education, medical treatment, or wedding expenses.O</li></ol>

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Employees’ Provident Fund (EPF) is a savings initiative designed by the EPFO under the Government of India's oversight. Know its objective, interest rate, calculation, eligibility, etc.

Employees’ Provident Fund (EPF)

<p>There are various methods available to check the current balance in the&nbsp;<a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employee Provident Fund (EPF)</a>, including an offline SMS-based option. To check the EPF balance online, there are two primary methods. Firstly, by visiting the official Employees' Provident Fund Organisation (EPFO) website, and secondly, by utilising the UMANG app. In both instances, having your Universal Account Number (UAN) is essential. Additionally, registering your mobile number with EPFO is crucial to accessing and checking your EPF balance online.</p><h2>Check Your EPF Balance Online</h2><p>Checking your EPF balance has become a very efficient and convenient process for employees and Provident fund organisation members.</p><p>You can check your EPF balance online by following the process listed below:</p>

<h3>EPFO Portal</h3><p>Employees can access their EPF passbook by using the EPFO portal. But, the employees must hold a UAN, and it should be activated. Follow the procedure below to check your EPF balance online through the EPFO portal.</p><p><strong>Step 1:</strong> You must visit the EPFO portal through the official website&nbsp;<strong>https://www.epfindia.gov.in/site_en/index.php</strong>.</p><p><strong>Step 2</strong>: Visit the next page, and under the ‘services tab’, click on for employees.</p><p><strong>Step 3</strong>: Click on the ‘member passbook’ option under the ‘services tab’.</p><p><strong>Step 4</strong>: Enter your captcha, password, and UAN, and then sign in.</p><p><strong>Step 5</strong>: Under member ID’, you can check your EPF balance.</p><h3>Umang App</h3><p>Here are the steps to access your EPF details using the UMANG app:</p><p><strong>Step 1</strong>: Download the ‘UMANG’ app from the App Store or Google Play Store and open it. Register on the app and access EPFO services. Registration options include Digilocker, mobile number or ‘MeriPehchan’.</p><p><strong>Step 2</strong>: After registration, use the search bar at the top of the app and type ‘EPFO’.</p><p><strong>Step 3</strong>: Upon searching for EPFO, select ‘View Passbook’ under the 'Service' option.</p><p><strong>Step 4</strong>: Choose ‘Employee-centric service’ on the new page. Enter your UAN number when prompted and click on ‘Login’.</p><p><strong>Step 5</strong>: Enter the one-time password (OTP) sent to your registered mobile number and proceed.</p><p><strong>Step 6</strong>: After verification, a new page will display your EPF passbook and balance information.</p><p>Remember, the mobile number must be linked to the same UAN for which you are trying to access the passbook. If the mobile number isn't registered, this service won't be accessible, and an error message will be displayed.</p><h2>Check EPF Balance by Missed Call and SMS Service</h2><p>You can check your EPF balance by dropping an SMS or a missed call by following the process mentioned below:</p><h3>Missed Call</h3><p>EPF members can check their balance by dropping a missed call from their registered mobile number to 011-22901406. To access this service, the employee's Permanent Account Number (PAN), bank account number and Aadhar must be linked with their UAN. If these details are not linked, the employee can request their employer to ensure the linkage for accessing this facility.</p><h3>SMS Service</h3><p>If employees have activated their UAN, they can check their PF balance and last contribution by sending an SMS to 7738299899. The format for the SMS should be EPFOHO UAN ENG, with 'ENG' representing the preferred language for receiving the details in the last three letters of the SMS.</p><h2>How to Check EPF Balance of Private Trusts/Exempted Establishments</h2><p>In the case of an exempted establishment or a private trust, where the EPF contribution is directed to company-managed trusts instead of the Employees' Provident Fund Organisation, only the company-managed trust possesses the authority to disclose an employee's PF account balance.&nbsp;</p><p>For EPF accounts maintained within exempted establishments, there isn't a standardised method available for checking PF balances. The EPFO doesn't offer a passbook facility for members of exempted establishments.</p><p>As per the Employee Provident Fund and Miscellaneous Provisions Act 1952, few employers can administer their own PF schemes for their workforce. Exempted establishments, such as major companies like HDFC, TCS, Infosys, Godrej, Nestle, and Wipro, among others, have in-house EPF trusts and are exempted from contributing their EPF corpus to the EPFO.</p><p>These exempted establishments manage the EPF corpus through their own trusts, which are expected to yield higher returns compared to the EPF-managed fund. Nevertheless, the regulations governing EPF contribution to EPFO are also applicable to these trusts.</p><p>Employees of exempted establishments can ascertain their EPF balance through various methods:</p><p>1.&nbsp;<strong>Check PF or Pay Slip</strong>: Many large establishments provide salary slips to employees through internal emails. Employees can refer to their pay slips to find information about their EPF account balance. Some companies also issue EPF slips along with salary slips, displaying monthly contributions and EPF account balance details.</p><p>2.&nbsp;<strong>Company's Employee Portal</strong>: Several major companies maintain employee portals where employees can log in and access their EPF account balance under the dedicated EPF section. Companies like Wipro offer online facilities for checking EPF account balances.</p><p>3.&nbsp;<strong>Contact HR Department</strong>: Employees can reach out to the company's HR department, which manages employees' PF-related matters and can provide relevant details regarding EPF account balances.</p><p>4.&nbsp;<strong>Track Contributions</strong>: Employees can monitor their monthly contributions by reviewing their salary slips, enabling them to calculate their annual EPF balance. Using the EPFO's set interest rate for EPF interest calculation is essential. It's important to note that a fixed sum (up to Rs.1,250 per month) is allocated to the EPS account.</p><h2>EPF Balance for Inoperative Accounts</h2><p>As per a Government notification in November 2016, dormant EPF accounts will now accrue interest and will no longer be classified as inoperative. Previously, EPFO ceased interest payments to dormant accounts starting in 2011.</p><p>With the new amendment, all inoperative accounts will earn interest at a rate of 8.5% per annum. Contributions to these accounts will continue until the account holder reaches the age of 58 or until the withdrawal date, whichever comes earlier.</p><p>Earlier, accounts became inoperative primarily due to complex EPF transfer processes and employees choosing to open new accounts when changing jobs. Communication gaps between an individual's current and previous employers also contributed significantly to this issue. For those unable to track details of their old inoperative accounts, approaching the EPF help desk can facilitate the transfer of balances from those accounts to their current ones.</p>

Methods to check your EPF balance online. Use the official portal or UMANG app, and explore SMS and missed call services.

Check Your EPF Balance

<p>The UAN EPFO portal now offers individuals the option to update their EPFO KYC records online conveniently. To initiate this process, individuals will require UAN (Universal Account Number) credentials. By accessing the EPFO UAN portal, users can proceed to upgrade or modify their KYC (Know Your Customer) details by submitting the necessary documents online.</p><p>Maintaining a good standing of the account, particularly completing the KYC document, ensures seamless fund transfers or withdrawals without any delays. However, outdated bank account information might lead to petition rejection. Failure to submit KYC records may result in the EPF account holder being unable to receive SMS updates.</p><h2>Process of Uploading KYC Details in EPF UAN</h2><p>To update KYC details in the EPF UAN member portal, follow these simple steps:</p><ol><li>Log in to your EPF account through your UAN and password via https://unifiedportal-mem.epfindia.gov.in/memberinterface/.</li><li>Under the ‘Manage’ section, select the ‘KYC’ option from the dropdown list.</li><li>Complete the KYC update form by entering the required details such as PAN, Aadhaar, Passport, and bank information.</li><li>Choose the document you wish to update, provide the document number, your name as per the document, and additional details like IFSC for bank details or expiry date for passport and driving licence.</li><li>Save your data; it will appear under the ‘Pending KYC’ section.</li><li>If you decide not to proceed with the update, cancel the KYC process by clicking the ‘X’ sign next to the document before EPFO verification.</li><li>EPFO will verify your details from the relevant department's data.</li><li>Upon successful verification, the document will be marked as verified in your KYC records.</li></ol><h3>Important Considerations</h3><ol><li><strong>Ensure accuracy</strong>: When entering details for your KYC document, ensure they match precisely with the information on your official KYC documents like Aadhaar card, Passport, PAN card, driver's licence, etc.</li><li><strong>Employer approval</strong>: Once you upload your document, expect the approval process from your employer to take approximately 2-3 days.</li><li><strong>Streamlined processes</strong>: EPF members with verified KYC details experience faster approval for claims, withdrawals, transfers, etc. This verification simplifies processes for both the employee and the employer.</li></ol><h2>How to Update Contact Details on the EPFO Portal</h2><p>If you need to update the contact info in your EPF account, you can do so securely online by following the steps listed below:</p><ol><li>Go to the EPFO member portal and use your login details to log in.</li><li>Select the 'Manage' option from the main menu.</li><li>Under the drop-down menu, select the 'Contact Details' option.</li><li>Check the box next to the 'Change mobile number' and/or 'Change email ID' choices.</li><li>Enter the latest contact details that need to be updated.</li><li>Select 'Get authorization PIN' from the menu.</li><li>Enter the OTP received to your registered contact details to verify it and modify the data as needed.</li><li>The contact information will be noted and updated within a specific period of time when the OTP is authenticated.</li></ol><h2>Documents Required to Update KYC for EPF UAN</h2><p>The required documents for updating KYC for EPF UAN include:</p><ol><li>PAN card</li><li>Aadhaar card</li><li>National Population Register (NPR)</li><li>Valid passport number</li><li>Bank account details</li><li>Valid driving licence</li><li>Valid election card</li></ol>

<h2>EPF KYC Update Benefits&nbsp;</h2><p>The benefits of updating EPF KYC details include:</p><ol><li><strong>Easy claim withdrawals</strong>: Current and UAN-linked KYC records facilitate seamless online filing of claim withdrawals.</li><li><strong>Smooth EPF account transition</strong>: Updated KYC details ensure a smooth transition for employee provident fund (EPF) accounts.</li><li><strong>Tax benefits</strong>: Updating PAN information in the EPF account is essential to avoid a 34.608% TDS ratio. With updated PAN data, withdrawals before five years attract a 10% tax deduction.</li><li><strong>Account activity updates</strong>: Users who complete the KYC process receive regular updates on their account activity and monthly PF balance.</li></ol><h2>How to Track EPF KYC Status?&nbsp;</h2><p>You can check your EPF KYC status through the following methods:</p><ol><li><strong>UAN Portal</strong> - Access the "UAN card" option within your member e-Sewa Portal account. Navigate to the "View" page. If your EPF account's KYC process is completed, you'll find a "Yes" displayed in the KYC information row on the UAN card.</li><li><strong>Documents Under KYC Tab</strong> - Another method is to verify KYC compatibility by reviewing the documents accepted and verified in the EPF records. Visit the 'KYC' option under the 'Manage' page of the Member e-Seva Portal. EPF account holders can review the records under the "Digitally Authorised KYC" tab to confirm their KYC status.</li></ol><h2>EPFO UAN Helpline to Register KYC-Related Issues&nbsp;</h2><p>The EPFO offers a dedicated helpdesk for UAN-related matters, available both offline and online. Users can seek assistance by either visiting the UAN helpdesk in person or resolving their issues through online channels, including toll-free numbers and email support.</p><p>The EPFO helpdesk addresses various subscriber concerns and issues, such as:</p><ol><li>UAN inquiries</li><li>Passbook unavailability</li><li>Resolving problems related to multiple UANs</li><li>Changing contact details</li><li>KYC details update</li><li>Technical issues in the portal and UMANG app</li><li>Addressing OTP-related problems</li><li>Assistance with EPF transfers</li></ol><p>These services aim to assist subscribers in resolving a range of EPF-related queries and technical challenges they might encounter.</p>

Learn the steps to upload KYC for EPF UAN, Check here how to update KYC in EPF UAN online for PF withdrawal and other necessary actions.

Steps to Update KYC for EPF UAN

<p>The <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employees' Provident Fund</a>, abbreviated as EPF, is an important tool in India. It provides financial security to employees after their retirement. The EPF amount is largely influenced by the EPF interest rate. It is a savings plan for employees in return for their faithful service towards an organisation. The EPF interest rate has gone through multiple changes over the years. The economic changes and modifications in the policies have significantly affected the interest rates. The Employees' Provident Fund Organization (EPFO) sets the interest rate. This rate is set annually and directly impacts the returns earned by&nbsp; EPF subscribers.</p><h2>History of EPFO</h2><p>Here is a simple walk down the history of different interest rates over the years:</p><ol><li><strong>Early Years (1952-1970s):&nbsp;</strong>The EPF interest rate during the initial years was between 3% and 4%.</li><li><strong>1970s-1980s:</strong> The interest rate saw an increase, reaching around 8.5% by the late 1980s. Economic reforms and growth marked this period.</li><li><strong>1990s-2000s:</strong> The interest rate reached double digits in the early 1990s. But as economic challenges stepped in, it dropped to around 8% in the early 2000s.</li><li><strong>Post-2000s:</strong> The EPF interest rate remained above 8%. The global financial crisis in 2008 influenced a temporary reduction in the interest rate.</li></ol>

<h2>Factors Influencing EPF Interest Rates</h2><p>The Employees' Provident Fund (EPF) interest rates are influenced by various factors, reflecting the nature of the economic and financial landscapes in India.&nbsp;</p><h3>Economic Conditions</h3><ul><li><strong>GDP Growth:</strong> The overall economic growth of the country is a significant determinant. Higher growth rates mean a more favourable interest rate.</li><li><strong>Employment Trends:</strong> Employment rates and labour market conditions impact the contributions to the EPF. A strong job market positively influences interest rates.</li></ul><h3>&nbsp;Inflation</h3><ul><li><strong>Consumer Price Index (CPI</strong>): EPF interest rates are often adjusted according to the effects of inflation. A higher CPI may lead to an increase in interest rates to preserve returns for investors.</li></ul><h3>&nbsp;Government Policies</h3><ul><li><strong>Monetary Policies</strong>: Decisions by the Reserve Bank of India (RBI) on interest rates can influence EPF rates.&nbsp;&nbsp;&nbsp;</li><li><strong>Financial Reforms</strong>: Changes in financial regulations and policies can have effects on the EPF interest rate. Reforms help to improve the financial system and may impact the fund's returns.</li></ul><h3>&nbsp;Market Conditions</h3><ul><li><strong>Interest Rates in the Market</strong>: EPF investments are often in government securities and bonds. Changes in market interest rates can influence the returns on these investments, affecting EPF rates.</li><li><strong>Market Volatility</strong>: Fluctuations in financial markets can impact the performance of EPF investments,&nbsp; adjusting the interest rates.</li></ul><h3>&nbsp;Fund Performance</h3><ul><li><strong>EPFO Investment Strategies</strong>: The performance of the EPF's investments, including the efficiency of fund management and allocation strategies, can influence the interest rate.</li><li><strong>Return on Investments</strong>: The returns by EPF investments play a direct role in determining the interest credited to EPF accounts.</li></ul><h3>&nbsp;Demographic Factors</h3><ul><li><strong>Population Ageing</strong>: As the demographic profile of the country changes, with an increase in the ageing population, the EPFO may need to balance providing attractive interest rates with ensuring long-term sustainability.</li></ul><h3>&nbsp;Global Economic Factors</h3><ul><li><strong>Global Market Trends</strong>: Global economic conditions, such as interest rate trends in major economies, can indirectly impact EPF interest rates.</li></ul><h3>Budgetary Constraints</h3><ul><li><strong>Government Finances</strong>: The availability of funds and the health of the government can influence the ability to maintain higher interest rates on EPF.</li></ul><h3>Social and Political Factors</h3><ul><li><strong>Public Perception</strong>: Social and political factors can influence public opinion on EPF interest rates. Public sentiment and expectations may shape decisions by policymakers.</li></ul><h3>Historical Performance</h3><ul><li><strong>Past Trends</strong>: Previous years' performance and interest rate decisions may help in future considerations. Consistency or changes in historical trends can impact decision-making.</li></ul><h2>Last 10 Years EPF Interest Rates</h2><p>Here is a summary of the EPF interest rates for the last 10 years.</p><figure class="table"><table><tbody><tr><td>Financial Year</td><td>Rate of interest per annum</td></tr><tr><td>2022-2023</td><td>8.15%</td></tr><tr><td>2021-2022</td><td>8.10%</td></tr><tr><td>2020-2021</td><td>8.50%</td></tr><tr><td>2019-2020</td><td>8.50%</td></tr><tr><td>2018-2019</td><td>8.65%</td></tr><tr><td>2017-2018</td><td>8.55%</td></tr><tr><td>2016-2017</td><td>8.65%</td></tr><tr><td>2015-2016</td><td>8.80%</td></tr><tr><td>2014-2015</td><td>8.75%</td></tr><tr><td>2013-2014</td><td>8.75%</td></tr></tbody></table></figure><h2>Recent Trends and Controversies</h2><p>The EPFO has been under pressure to align the interest rate with market rates while ensuring the financial well-being of EPF subscribers. Some recent trends witnessed include:&nbsp;</p><ul><li>Interest rate fluctuation</li><li>Aligning with market trends</li><li>Digital Transformation</li></ul><h2>Challenges and Future Prospects</h2><p>The challenges faced by EPFO include:&nbsp;</p><ul><li><strong>Market Volatility:</strong> Given the increasing integration of global financial markets, the EPF faces challenges from market volatility. Striking a balance between risk and returns becomes important.</li><li><strong>Demographic Changes:</strong> With an ageing population, the EPFO must overcome the challenge of providing sustainable returns while ensuring the long-term financial security of retirees.</li><li><strong>Policy Reforms:</strong> Periodic policy reforms may influence EPF interest rates. Policymakers need to consider the results of such changes on the financial health of EPF payers.</li></ul>

 Explore EPF interest rate trends in India, from historical changes to current factors. Stay informed on recent controversies and future prospects.

EPF Interest Rate Trends

<p>After a person resigns, there is a 2-month waiting time before you can choose to take out your PF funds. If you immediately resign and decide not to accept the next position in India, you may withdraw the remaining balance from your EPF account. Understanding the tax criteria ensures you make informed decisions about when and how to withdraw your EPF funds. This guide will serve as a manual for knowing the basics of how to withdraw your EPF savings after your resignation.&nbsp;</p><h2><strong>PF Withdrawal</strong></h2><p>Provident Fund (EPF) plays a crucial role in securing financial stability post-employment. When you resign from your job, accessing your EPF money becomes a concern. Upon resigning from your job, you become eligible to withdraw your EPF money.</p>

<h2><strong>Eligibility for PF Withdrawal</strong></h2><p>Withdrawing your EPF money after your resignation involves meeting eligibility criteria, submitting the necessary forms, and following either the traditional or online withdrawal process. The eligibility criteria for PF withdrawal are mentioned below:</p><ul><li>One month's notice must be given, or you must pay the employer an equal sum.</li><li>Your personal information on the EPFO site has to be changed.</li><li>You need to have worked continuously for your current job for two months.</li></ul><h2><strong>How to Withdraw PF After Resignation?</strong></h2><p>The process of withdrawing your EPF after resignation involves the following steps:</p><ol><li><strong>Form Submission:</strong> Obtain Form 19 (for final PF settlement) and Form 10C (for EPS withdrawal) from the EPFO website or your employer. Fill them out with accurate details.</li><li><strong>Employer Verification:</strong> Submit the filled forms to your previous employer. The employer needs to verify and attest your details, including the reason for leaving the job.</li><li><strong>Submission to EPFO:</strong> The employer forwards the forms to the regional EPFO office. The EPFO processes the withdrawal request and disburses the amount to your bank account.</li><li><strong>Verification and Disbursement:</strong> The EPFO verifies the details, and upon approval, the PF amount is transferred to the bank account provided in the withdrawal forms.</li><li><strong>Check EPF Passbook:</strong> Keep track of the withdrawal process by regularly checking your EPF passbook, which records contributions, interest, and withdrawals.</li></ol><h2><strong>How to Withdraw PF After Resignation Online?</strong></h2><p>To make the PF withdrawal process more convenient, the EPFO has introduced an online withdrawal system.</p><ol><li><strong>UAN Activation:</strong> Ensure your Universal Account Number (UAN) is activated. You can do this through the UAN portal.</li><li><strong>Login to UAN Portal:</strong> Log in to the UAN Member e-Sewa portal using your UAN and password.</li><li><strong>Verify KYC Details:</strong> Ensure your KYC details, including Aadhaar, PAN, and bank account details, are updated and verified.</li><li><strong>Select 'Online Services':</strong> Navigate to the 'Online Services' tab and select 'Claim (Form-31, 19 &amp; 10C)' from the dropdown menu.</li><li><strong>Verify Employment Details:</strong> Choose the appropriate type of claim – for resignation, select 'PF Withdrawal (Form 19)' or 'Pension Withdrawal (Form 10C).' Verify your employment details.</li><li><strong>Complete Form:</strong> Fill in the necessary details in the online withdrawal form. Ensure accuracy in bank details and other relevant information.</li><li><strong>Submit Claim:</strong> After completing the form, submit the online claim. The claim is then forwarded to your employer for verification.</li><li><strong>Employer Approval:</strong> Your employer will verify the claim online. Once approved, the claim is processed by the EPFO.</li><li><strong>Amount Transfer:</strong> Upon approval, the EPFO transfers the withdrawn amount directly to your bank account.</li></ol><h2><strong>Is PF Withdrawal Taxable?</strong></h2><p>The tax implications of PF withdrawal depend on the timing of withdrawal:</p><ul><li>Tax on Early Withdrawal: If you withdraw your PF amount before completing five continuous years of service, the withdrawal becomes taxable. This includes both employer and employee contributions.</li><li>Tax on Employer’s Contribution: Employer's contributions exceeding 12% of the salary are taxable if withdrawn before five years of continuous service.</li><li>Tax on Interest: Interest earned on contributions is taxable if the withdrawal occurs before five years of continuous service.</li><li>Tax on Withdrawal After 5 Years: If you withdraw your PF amount after completing five continuous years of service, the entire withdrawal becomes tax-free.</li></ul>

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The step-by-step process of withdrawing EPF money after resignation, including eligibility criteria, traditional and online withdrawal methods.


EPF Money After Resignation

<p>The choice of investment tools plays an important role in shaping an individual's financial journey. Provident funds stand out as long-term savings, offering a secure source for individuals to nurture their financial well-being. Whether it is a PPF or EPF, these savings are ultimately serving as a plan for every person. So invest wisely and smartly! This article discusses two prominent financial investments – the <strong>Employee Provident Fund (EPF)</strong> and the <strong>Public Provident Fund (PPF)</strong>.</p><h2>What is EPF?</h2><p>The <strong>Employee Provident Fund (EPF)</strong> is an important tool in India's employment landscape, providing a structured source for employees to secure their financial future. Enacted under the Employees' Provident Funds and Miscellaneous Provisions Act, of 1952, EPF is a mandatory savings scheme that aims to create financial support for employees, providing financial stability during their retirement years.</p><h3>Key Features of EPF</h3><ul><li><strong>Mandatory Contribution:</strong> Both employees and employers contribute a certain fixed percentage of the employee's salary towards the EPF. The current contribution rate is 12% of the basic pay plus dearness allowance from both the employee and the employer.</li><li><strong>Accumulation and Interest:</strong> The contributions, along with interest, accumulate over the employee's tenure. Interest rates are declared annually by the government, ensuring a competitive rate of return.</li><li><strong>Retirement Plan:</strong> EPF serves as a retirement savings tool, providing employees with financial support after their active working years. Withdrawals are allowed upon retirement, reaching a specified age, or under specific circumstances such as unemployment.</li><li><strong>Tax Benefits:</strong> Under Section 80C of the Income Tax Act, contributions made towards EPF are eligible for tax deductions. Interest earned and withdrawals are also tax-free under specific conditions.</li><li><strong>Portability and Accessibility:</strong> EPF accounts are portable, meaning they can be transferred from one employer to another. Employees can check their EPF balance and details online through the EPFO portal.</li><li><strong>Withdrawal for Specific Purposes:</strong> EPF allows withdrawals for various life events such as purchasing a house, medical emergencies, or education.</li><li><strong>Nomination Facility:</strong> Employees have the option to nominate family members, specifying who will receive the amount in case of the employee's death.</li></ul>

<h2>What is PPF?</h2><p>The <strong>Public Provident Fund (PPF)</strong> is a government savings scheme in India that encourages long-term financial planning. Introduced by the National Savings Institute of the Ministry of Finance in 1968, PPF is for both employed and self-employed individuals, offering a highly tax-efficient source for systematic savings.</p><h3>Key Features of PPF</h3><ul><li><strong>Voluntary Contribution:</strong> PPF is open to all Indian citizens, making it accessible to both employed and non-employed individuals. Contributions are voluntary, allowing flexibility in deposit amounts as long as they fall within the annual limits.</li><li><strong>Fixed Tenure:</strong> The PPF account has a fixed tenure of 15 years, after which the tenure can be extended in blocks of 5 years. The account matures after the completion of 15 years, and the accumulated amount, along with interest, is paid out.</li><li><strong>Annual Contribution Limit:</strong> Individuals can contribute a minimum of ₹500 and a maximum of ₹1.5 lakh in a financial year to their PPF account. The contribution limit is per individual, irrespective of the number of PPF accounts held.</li><li><strong>Tax Benefits:</strong> Under Section 80C of the Income Tax Act, contributions made towards EPF are eligible for tax deductions. Interest earned and the maturity amount are exempt from income tax, enhancing the overall tax efficiency of PPF.</li><li><strong>Interest Rate:</strong> The interest rate on PPF is declared by the government and is calculated annually. Interest rates are generally competitive and often higher than those offered by traditional savings accounts.</li><li><strong>Partial Withdrawals and Loans:</strong> Partial withdrawals are permissible from the 7th year onwards, providing a degree of liquidity. Individuals can also take loans against their PPF deposits, further enhancing flexibility.</li><li><strong>Safe and Backed by Government:</strong> PPF is considered a low-risk investment as the government of India backs it.</li></ul><h2>EPF vs PPF</h2><figure class="table"><table><thead><tr><th>Features</th><th><strong>EPF</strong></th><th><strong>PPF</strong></th></tr></thead><tbody><tr><td><strong>Interest Rate</strong></td><td>8.15 %</td><td>7.1 %</td></tr><tr><td><strong>Who can Invest</strong></td><td>Only Salaried Employee</td><td>Anybody can invest in PPF</td></tr><tr><td><strong>Employer Contribution</strong></td><td>Yes</td><td>No</td></tr><tr><td><strong>Minimum Investment</strong></td><td>12% of Basic Salary</td><td>Rs. 500</td></tr><tr><td><strong>Lock-in Period</strong></td><td>Retirement or Resignation</td><td>15 years, Extendable in 5 years block</td></tr><tr><td><strong>Tax-on Withdrawal</strong></td><td>If withdrawn before five years</td><td>No</td></tr><tr><td><strong>Loan</strong></td><td>Yes- Only in special cases</td><td>Yes- From 3rd Year to 6th Year</td></tr><tr><td><strong>Tax Exemption</strong></td><td>Yes</td><td>Yes</td></tr><tr><td><strong>Liquidity</strong></td><td>In case of special cases</td><td>No</td></tr><tr><td><strong>Scheme offered by</strong></td><td>Employee Provident Fund Organisation (EPFO)</td><td>Select public sector banks and Post Office</td></tr></tbody></table></figure><h2>EPF vs PPF - Best Option to Invest</h2><p><strong>EPF:</strong> If you are a salaried employee, contributing to EPF is important. It provides a long-term savings plan with tax benefits. However, your choices are limited as it is linked to employment.</p><p><strong>PPF:</strong> PPF is a choice for people who are looking for long-term savings options. It offers tax-efficient returns, making it suitable for increasing investment.</p>

PF vs PPF - Learn about the features, benefits, tax implications, and key differences to make informed decisions for your long-term financial planning.

Difference between EPF and PPF

<p><a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employee Provident Fund</a> (EPF) is a savings scheme intended to help employees create wealth for their retirement expenses. An employee working in the government or private sector can enjoy long-term EPF benefits after their retirement.&nbsp;</p><p>A fixed amount is deducted from your salary every month by your employer alongside their additional deposit in your EPF account, which earns you interest, which you can withdraw for your post-retirement plans. The minimum contribution by an employee and employer is 12% of the employee’s monthly salary.</p><h2>What is EPF Claim Status?</h2><p>Any employee can check and verify the claim’s status after requesting to withdraw their EPF scheme money. The employee can withdraw or transfer the EPF claims offline or in online mode as withdrawing funds and checking the status has become easy and smooth thanks to the UAN (Universal Account Number).</p><h2>Various Types of EPF Claim Status</h2><p>Various types of EPF claim status are as follows:</p><ul><li>Payment under process status</li><li>Settled status</li><li>Not available status</li><li>Rejected Status</li></ul><h2>Prerequisites to Check the EPF Claim Status</h2><p>In order to check the status of the EPF fund, you need to have certain information or documents available to you, which are as follows:</p><ul><li>Details of the company (employer)</li><li>UAN (Universal Account Number)</li><li>Extension Code (if required/ relevant)</li><li>EPF regional office of the employer is required</li></ul><h2>Ways to Apply for EPF Claim</h2><p>Any employee can apply for an EPF claim either online or offline.</p><p><strong>Physical (Offline) Application Claim:</strong><br>You need to submit the new composite form to your respective EPFO. In case your bank or Aadhar details are updated and activated on the UAN portal, the employee should use and fill out a composite claim form (Aadhar). If your bank and Aadhar information are not updated on the UAN portal, use and fill out the non-composite (non-Aadhar) form.</p><p><strong>Online Application Claim:</strong><br>To submit the online application claim form, you need to go to the EPFO member portal page and log in with your UAN. Now, click on the manage section and update and verify your KYC. Then, click on the online services, go to the claim and select Form 31, 19 and 10C from the drop-down list. Once the details are visible on your screen, use the last four digits of your account number to verify your bank details. Now, choose yes for the Certificate of Undertaking option.</p><h2>Different Methods to Check EPF Claim Status Online</h2><p>There are three different ways to check your EPF claim status online, which are as follows:</p><h3>Checking EPF Claim Status Using the UAN Member Portal</h3><p>Following is the step-by-step procedure to check their withdrawal and transfer status online:</p><ul><li><strong>Step 1:</strong> First visit the EPFO portal and then log in to the UAN member portal with your login credentials, such as UAN number and password, and enter the captcha.</li><li><strong>Step 2: </strong>After signing in on the UAN portal, click on the online services and select Track Claim Status, which is a third option in a drop-down list.</li><li><strong>Step 3: </strong>The above step takes you to the next webpage, where your online claim status details, including tracking ID, current status, etc., are visible on your screen.</li><li><strong>Step 4: </strong>On scrolling further on the screen, you can see the details of the transfer claim status on your screen.</li></ul>

<h3>Checking EPF Claim Status Using the UMANG App</h3><p>The employees can check the status on the UMANG (Unified Mobile Application for New-age Governance) app by following the steps below:</p><ul><li><strong>Step 1:</strong> Go to the PlayStore or Apple store, depending upon your phone, and download the UMANG app.</li><li><strong>Step 2:</strong> Now, open the app and log in to your EPFO account. On your screen, you will see two options: MPIN and Login with OTP. Now, enter your contact number and select the desired option.</li><li><strong>Step 3:</strong> On selecting Login with OTP, you will receive OTP on your registered phone number. Enter the OTP, and you can log into your account.</li><li><strong>Step 4: </strong>After logging in, you will be redirected to the EPFO portal’s main page, where you have to select the Employee Centric Services option.</li><li><strong>Step 5: </strong>Now, choose the Track Claim option, where you can track the claim status. If you have no EPF claims, a blank screen will appear. Otherwise, it will show the claim status details.</li></ul><p>UMANG app also offers services like viewing the passbook, checking PF claims, claim status, etc.</p><h3>Using EPF Official Website</h3><p>To check the EPF claim status on the official EPF website, follow the following steps given below:</p><ul><li><strong>Step 1:</strong> The first step is to go to the official EPFO website.</li><li><strong>Step 2:</strong> After that, click on the Our Services section and select the For Employees option from the drop-down list.</li><li><strong>Step 3: </strong>It will take you to the next page, where you should click on the Services option, find Know Your Claim Status and click on it.</li><li><strong>Step 4:</strong> On the next page, you must enter your UAN credentials alongside the captcha details. Now, click on the Search option.</li><li><strong>Step 5:</strong> It will take you to the next page, where you have to select and enter your PF number, PF office, establishment code, and the location of the PF office.</li><li><strong>Step 6: </strong>After entering all the above details on the screen, click on the Submit button to check the status of the claim, and it will be displayed on your device’s screen.</li></ul><p>Note: EPFO updates the employees via SMS if they receive the claim application or if the funds have been transferred to the employee's bank account.</p><h3>Check EPF Claim Status Using SMS or Missed Calls</h3><ul><li><strong>SMS:</strong> Employees must send the SMS on 7738299899 in "EPFOHO UAN LAN" format to inquire about the status claim. The format allows the employee to select the desired language in which they want to receive the SMS.</li><li><strong>Missed Calls:</strong> Employees can inquire about the claim status by calling 011-22901406 from their registered phone number. The employee’s cell phone has to be connected to the UAN portal, where your PAN, Aadhar, and bank details should be updated.</li></ul>

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Learn how to check, apply, and understand Employee Provident Fund (EPF) Claim Status effortlessly. Explore online and offline methods, various claim statuses.

EPF Claim Status

<p>If any member of the EPF scheme has any queries, doubts, or complaints regarding the EPF scheme, the employees can register the online grievance on the EPF i-Grievance management system with the help of EPFO. Any contributing member on the EPF portal can complain about the grievance online. There are simple steps we’ll go through together to register your complaint for EPF. Let’s see how to register an EP grievance online below.</p><h2>What Does&nbsp;EPF Grievance Management System Mean?</h2><p>EPFiGMS (EPF Grievance Management System) is the official portal which is helpful for registering complaints, queries, and grievances related to EPF (Employee Provident Fund). Anyone can register on EPFiGMS. The official portal dashboard is open to everyone, including employers, contributing PF members, and EPF pensioners who are receiving retirement money.</p><h2>Registering Complaints on EPFiGMS Regarding Spectrum of Issues</h2><p>You can raise your complaints and register the grievances on a wide range of issues, which are as follows:</p><ul><li>Withdrawal or transfer of provident funds</li><li>Issues regarding the final settlement of PF</li><li>Complaints against Form 10C</li><li>Doubts regarding the scheme certificate</li><li>Misplacement or return of the cheque</li><li>Query regarding settlement of pension</li><li>Form 5(IF) issue or insurance payment</li><li>Provident fund balance or slip query</li><li>Others</li></ul>

<h2>Steps to Register Grievance Complain on EPFiGMS (EPF i-Grievance Management System)</h2><p>If you want to raise a complaint on EPFiGMS, you need to follow a few easy steps. Let’s see how to register an EPF Grievance online:</p><ul><li><strong>Step 1:</strong> First, open any web browser on your computer and type&nbsp;<a href="https://epfigms.gov.in/">EPFiGMS</a>, which is the official website of the EPF i-Grievance Management System.</li><li><strong>Step 2: </strong>The home page of the website will have options like&nbsp;'Home', ‘Register Grievance', ‘Send Reminder', ‘View Status', and&nbsp;‘Upload Grievance Document'. From the drop-down menu on the left, you can change the language of the website.</li><li><strong>Step 3:</strong> Select the&nbsp;‘Register Grievance’&nbsp;option by clicking on it. A new section will appear. In a form-like manner, this section will have fields like 'Status', ‘Universal Account Number',&nbsp;and a ‘Security Code’.</li><li><strong>Step 4: </strong>Moving ahead, choose the options that apply to you in the&nbsp;‘Status’ (PF Member, EPS Pensioner, Employer, Others) section.&nbsp;Be careful with your selection here.</li><li><strong>Step 5: </strong>There can be cases where you might or might not have the Universal Account Number; the option&nbsp;‘Others’&nbsp;must be the choice in this case.</li><li><strong>Step 6:</strong> Cautiously type in your UAN number in the field provided for it and enter the displayed characters on the left of&nbsp; ‘Security Code’ in the space given to the right of it.</li><li><strong>Step 7: </strong>Tap on 'Get Details'. If the information you entered is correct, your&nbsp;Universal Account Number, Email Address, Name, and Mobile Number will be displayed on the screen.</li><li><strong>Step 8: </strong>An OTP will be needed to proceed from this stage, so keep your mobile phone nearby. There will be a red button named&nbsp;‘Get OTP'. Tap on it to receive the password.</li><li><strong>Step 9: </strong>As the verification is completed, you will see a&nbsp;‘Personal Details’ section. The Provident Fund account number will be displayed, and you can select the relevant one from it.</li><li><strong>Step 10: </strong>Under it, there will be a ‘Grievance Details’ form-like section. Select the relevant options in&nbsp;‘Grievance Related to’ and&nbsp;‘Grievance Category’ and fill in the details in&nbsp;‘Grievance Description'.</li><li><strong>Step 11:&nbsp;</strong>If needed, attach the support files using&nbsp;‘Choose Files’ and attach them by pressing&nbsp;‘Attach’.</li></ul><p>Registration numbers and details will be sent by SMS and mail. Once verification of the complaint is done, it takes around two weeks to a month for it to be resolved.</p><h2>Process to Check the Status of EPF Complaint</h2><p>There are a few simple steps to check the status of your registered complaint in the portal, which are as follows:</p><ul><li><strong>Step 1: </strong>Visit the same website where you have submitted the grievance, which is<a href="https://epfigms.gov.in/">&nbsp;</a>&nbsp;<a href="https://epfigms.gov.in/">EPFiGMS</a>.</li><li><strong>Step 2: </strong>Among other options like&nbsp;'Home', ‘Send Reminder',&nbsp;etc., hover the mouse over&nbsp;‘View Status’ and click on it.</li><li><strong>Step 3: </strong>A form will be displayed. The sections of this form will contain ‘Registration Number’, ‘Grievance Password’, ‘Mobile Number/Email Address', and ‘Security Code’.</li><li><strong>Step 4:</strong> Fill in the correct registration numbers that were received after submitting the grievance.</li><li><strong>Step 5: </strong>Enter the password carefully, and then fill in either your mobile number or email address at your convenience.</li><li><strong>Step 6:</strong> Fill in the&nbsp;‘Security Code’&nbsp;by entering the displayed code and press the yellow&nbsp;‘Submit’&nbsp;button after filling out every section.</li><li><strong>Step 7: </strong>The present status of the complaint will be visible on the display.</li></ul><h2>Process to Send Reminder Regarding EPF Complaint</h2><p>After registering the grievance, if your issue has not been resolved yet, you can follow the steps below to send a reminder regarding your complaint:</p><ul><li><strong>Step 1:</strong> If the complaint is not solved for a long time, browse the&nbsp;<a href="https://epfigms.gov.in/">EPF Grievance Management</a> website.</li><li><strong>Step 2:</strong> On the top bar, select the&nbsp;‘Sent Reminder’&nbsp;option, which is beside the ‘Register Grievance’</li><li><strong>Step 3: </strong>A new form will be shown on the screen. The sections of this form will contain ‘Registration Number’, ‘Grievance Password’, ‘Mobile Number/Email Address', ‘Reminder Description', and 'Security Code’.</li><li><strong>Step 4:</strong> Check for caps lock or num lock and enter the password carefully, then move below and enter your contact number and contact email ID.</li><li><strong>Step 5: </strong>Thoroughly describe your reminder in a polite manner in the&nbsp;‘Reminder Description’ field, and after entering the displayed numbers in&nbsp;‘Security Code', select the&nbsp;‘Submit’ button beside the&nbsp;‘Reset’&nbsp;button to confirm the reminder submission regarding your complaint.</li></ul>

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Learn how to register an EPF grievance online effortlessly with our step-by-step guide on EPFiGMS (EPF Grievance Management System). Resolve queries, complaints, and concerns related to Employee Provident Fund efficiently.

How to Register an EPF Grievance Online

<p>With everything getting digitalized, the access to EPF or <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employees’ Provident Fund</a> should also be online. Owing to the challenges faced and the necessity of action, EPFO or Employees’ Provident Fund Organization provides EPF e-Sewa. Tasked with specifically caring for Indian citizens, EPFO is the world’s largest social security organization, considering the number of clients and financial transactions. Let us explore what facilities it has to offer through EPF e-Sewa.</p><h2>What is EPF E-Sewa?</h2><p>The EPF e-Sewa portal has been introduced to eliminate the requirement to visit the EPFO office. The online portal serves three main functions for the employees, which are:</p><ul><li>Facilitate claiming provident funds</li><li>Effortlessly check the status of the processed claim</li><li>Update KYC information</li></ul><p>Employers can benefit from e-Sewa by updating the organization’s or employee’s information for EPF contribution. They can also upload and pay electronic returns, all online, without a physical visit and the requirement of hefty paperwork.</p><h2>Registration on E-Sewa</h2><p>The registration process for employers on e-Sewa should be done through the following steps:</p><ol><li>Visit the official website of EPFO and head to the employer's portal</li><li>Register the organization on the website. The employers will receive a generated username and password on the registered mobile number. It is applicable for temporary use for the first-time login. During first-time login, the employers are required to create permanent login credentials, which include setting up a user ID and password.</li><li>Post creation of a permanent account, the employers are required to enter and submit the required fields and attach the verification of the organization’s existence. It includes the organization’s identity card, address proof and employee details.</li><li>The application will be processed within a short time, depending on the verification process.</li><li>After successful verification, users will be able to download the software ‘e-return tool’ and file returns. The portal provides all the instructions and helps manual users download and easily use the software.</li></ol><h2>&nbsp;</h2>

<h2>Electronic Challan cum Return (ECR)</h2><p>Employers do not directly submit all employees' EPF to EPFO. Rather, a systematic approach is taken using the ECR. Employers are required to submit electronic monthly returns each month constituting the complete memberwise details of new and existing members. It leads to the generation of challan, which has to be paid online within 12 days.</p><h3>Procedure to Generate Challan on EPF E-Sewa</h3><p>Before checking the procedure to generate challan, there are certain prerequisites to be fulfilled. These are:</p><ul><li>Employer must be already registered on Employer e-Sewa portal</li><li>An employer should have already downloaded the ECr file format and prepared the ECR text file</li></ul><p>Now, here is a stepwise procedure to generate challan on e-Sewa.</p><ol><li>Log in to the official EPF e-Sewa website.</li><li>Click on the option ‘ECR upload’ present in the ‘ECR’ module to upload newly produced ECR. Validate the summary page by ensuring the upload has been done for the right month and year.</li><li>Employers can enter details on a summary page which includes ‘Total EDLI contribution’, ‘Total EPF Administrative/Inspection Charges’ and ‘Total EDLI Administration/Inspection Charges’ and ‘Contribution Rate’. The contribution rate is set to 12% by default.</li><li>Click on ‘submit’ to submit the ECR.</li><li>Employer will receive a digitally signed PDF file requiring validation of information. The employer needs to verify if the text matches with the ECR text file and approve its accuracy by clicking the ‘approve’ button. For files with more than 200 entries, users will receive an SMS alert to access the file.</li><li>After approval, a Temporary Return Reference Number or TRRN will be generated.</li><li>Employers can access and download the challan receipt file. Head on to ‘Challan Receipt File’ to download and print the challan with the TRRN number. Further, update the details in the section ‘For establishment use only’.</li><li>Next, pay the amount online by selecting the appropriate bank.</li></ol><h2>UAN Member E-Sewa</h2><p>The EPF UAN member e-Sewa helpdesk is another feature available for download. It solves queries related to problems about the Universal Account Number. The application offers key features like:</p><ul><li>Instantly receive and activate the EPF UAN registration number online</li><li>Check the status of UAN and perform KYC</li><li>Download EPF e-passbook</li><li>Check email address, claim status and mobile number</li><li>Link all the provident fund accounts through the application&nbsp;</li><li>You can use the Online Claim Transfer Portal (OCTP)</li></ul><h2>Benefits of E-Sewa Portal for Employers</h2><p>Here is detailed information on the benefits served by the E-Sewa portal for employers:</p><ul><li>No more requirements for documentation-based return filing to EPFO</li><li>Immediate notification of payment confirmation</li><li>No need to submit different returns like Form 5/10/12A, 3A and 6A.</li><li>Effortless month-wise EPF contribution to all employees</li><li>Can access annual account slips from the years 2011 to 2012&nbsp;</li><li>Further, more annual slips of more prior years can be accessed through a request</li></ul>

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EPF E-Sewa - Learn how employees can claim funds, check status, and update KYC, while employers benefit from streamlined processes.

Know About EPF E-Sewa

<p>Investing in an <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employee's Provident Fund</a> (EPF), often known as PF, allows you to save for retirement while making the most of your working years by combining contributions provided by you and your company. Knowing the balance of your PF account can help you assess whether your funds are meeting your objectives and whether you need to make additional investments.&nbsp;</p><p>Employees previously had to wait for their company to provide their EPF statement at the end of each year. However, employees are now able to swiftly and effortlessly check their individual EPF balance online or offline at any time.</p><h2>EPFO</h2><p>The Indian government established the Employees' Provident Fund Organization (EPFO) as a statutory entity. As one of the biggest social security institutions in the country, it primarily encourages people to make savings for retirement, besides other things. Founded in 1951, EPFO operates under the jurisdiction of the Ministry of Labor and Employment.&nbsp;</p><p>A tripartite body known as the Central Board of Trustees (EPF) oversees the Act and all of its programs. Members of the board include employers, employees, and representatives of the Central and State governments. The Indian government's Ministry of Labor and Employment serves as the board's chair. Three programs are run by the Central Board of Trustees (EPF):</p><ul><li>The Employees’ Provident Funds Scheme, 1952 (EPF)</li><li>The Employees’ Deposit Linked Insurance Scheme, 1976 (EDLI)</li><li>The Employees’ Pension Scheme, 1995 (EPS)</li></ul><h2>Ways to Check EPF Balance&nbsp;</h2><p>To check the EPF balance, an individual can use any of the following methods:</p><h3>SMS</h3><p>You can verify your EPF balance if you have linked your UAN to your KYC data by texting the following message to the specified mobile number:</p><p><strong>EPFOHO UAN [Language code]</strong></p><p>Enter the very first three letters of your chosen language in place of [Language code]. For example, if you choose English, you can enter "ENG" as the language code. You should send the SMS to&nbsp;<strong>7738299899</strong>. To access your EPF balance in any language of your choice, send an SMS to the specified number and enter the associated language code.</p><p>You can access your balance via SMS only if your UAN is current and has been linked with your bank account, Aadhaar number, and PAN. You need to finish the eKYC with UAN in order to check your balance via SMS if you haven't linked your UAN with your bank account, Aadhaar, or PAN.</p><h3>EPFO Portal</h3><p>To check your EPF balance, ensure that your employer has enabled your Universal Account Number (UAN). Every employee who takes part in the Employee Provident Fund (EPF) program receives a unique identification number (UAN). No matter how many organisations they work for, each person should only have one UAN during their entire professional life.&nbsp;</p><p>After activating your UAN number, follow the following steps:</p><ol><li>Visit the EPFO website. Navigate to the "Our Services" tab and select the "For Employees" option from the drop-down menu.</li><li>Click "Member Passbook" from the "Services" menu.&nbsp;</li><li>There will be a login screen. Once your UAN has been activated, enter your password and UAN number here.</li><li>After choosing "Member ID," select "View Password [Old: Full]."</li><li>Your PF data will show up on the screen.</li><li>By selecting the "Download Passbook" option, you can then print this passbook.</li></ol>

<h3>Missed Call</h3><p>You can find out about your EPF balance by making a missed call from the registered mobile number to the authorised phone number. This service is only accessible after your KYC data and UAN have been linked. You may contact your employer for assistance if you are unable to perform this.</p><p>Once your KYC data has been integrated with the UAN, proceed as directed below. Make a missed call from your registered mobile phone to&nbsp;<strong>9966044425</strong>. Your PF data will be sent to you through SMS after a missed call.&nbsp;</p><p>Before checking your EPF balance by missed call, you need to ensure that each of the following conditions are met.</p><ul><li>UAN needs to be turned on.</li><li>Since the missed call feature is only enabled when the missed call is sent from your registered number, your mobile number needs to be registered with the UAN.</li><li>The PAN, Aadhaar, and bank account should be linked to the UAN, among other necessary documents.</li></ul><p>There is no additional cost associated with using the mobile phone service to check your EPF amount.</p><h3>UMANG App</h3><p>EPFO provides a variety of services using the government's consolidated mobile app, Umang. By checking in with your UAN and OTP, you can use the Umang App to check your EPF balance and obtain your PF passbook.&nbsp;</p><p>How to use the Umang App to check your PF balance:</p><ol><li>Install the app from the App Store or Play Store.</li><li>Select your preferred language when you launch the Umang app on your smartphone. Read the "End to End Licence Agreement" terms and conditions as well.</li><li>Verify your mobile number and complete the registration process.</li><li>Select 'All Services' from the drop-down menu.</li><li>Locate and choose "EPFO" from the available selections.</li><li>To check the balance of your EPF, click on "View Passbook."</li><li>After entering your UAN, select "Get OTP." After entering the OTP, select "Submit." (The OTP will be sent to the registered smartphone number). Your EPF balance and passbook will be visible on the screen.</li></ol>

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How to check your EPF balance online, including SMS, EPFO Portal, Missed Call, and UMANG App. Get step-by-step guides to ensure easy access to your Provident Fund information.

How to Check EPF Balance: SMS, EPFO Portal, Missed Call, and UMANG App

<p>The <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employee Provident Fund</a> (EPF) ensures financial security for salaried individuals during their retirement years. Accuracy in the details associated with your EPF account is paramount; one such vital aspect is your name. This comprehensive guide will delve into the various methods, steps, and considerations involved in changing your name in the EPF.</p><h2>Online Method of Changing Employee Name in EPF Account</h2><p>In the digital age, the Employee Provident Fund Organization (EPFO) has streamlined several processes, making it convenient for employees to manage their EPF accounts online. Changing your name online involves a series of steps:</p><p><strong>Step 1: Log in to the EPFO Portal</strong></p><ul><li>Visit the official EPFO portal: Navigate to the EPFO Portal.</li><li>Enter your UAN and password: Use your Universal Account Number (UAN) and password to log in.</li></ul><p><strong>Step 2: Navigate to 'Manage' Section</strong></p><ul><li>Go to the 'Manage' tab: Once logged in, locate the 'Manage' tab on the top menu.</li><li>Select 'Modify Basic Details': From the drop-down menu under 'Manage,' choose the option 'Modify Basic Details.'</li></ul><p><strong>Step 3: Update Name Details</strong></p><ul><li>Locate the name change field: Within the 'Modify Basic Details' section, find the field designated for updating your name.</li><li>Enter the corrected name: Input the corrected name as per your official documents.</li></ul><p><strong>Step 4: Upload Supporting Documents</strong></p><ul><li>Attach necessary documents: Upload scanned copies of required documents, such as a valid photo ID with the corrected name.</li><li>Ensure document clarity: Ensure the documents are clear and in the accepted format (JPEG or PDF).</li></ul><p><strong>Step 5: Submit Request</strong></p><ul><li>Click 'Update Details': After updating the details and attaching the documents, click the 'Update Details' button.</li><li>Verification Process: Your request will be submitted for verification by your employer and the EPFO.</li></ul>

<p>&nbsp;</p><h2>EPF Name Correction Form</h2><p>While the online method is efficient, the EPFO recognizes the need for alternative means. The EPF Name Correction Form is a traditional approach that allows individuals to request a name change offline. Here's how you can go about it:</p><p><strong>Step 1: Download the Form</strong></p><ul><li>Visit the official EPFO website: Access the EPFO portal and locate the section for forms.</li><li>Download the EPF Name Correction Form: Download the relevant form for name correction.</li></ul><p><strong>Step 2: Fill in the Form</strong></p><ul><li>Provide accurate details: Fill in the form with accurate details, including your current and corrected name.</li><li>Enter EPF account information: Provide your UAN, EPF account number, and other required details.</li></ul><p><strong>Step 3: Attach Supporting Documents</strong></p><ul><li>Include photocopies of documents: Attach photocopies of supporting documents, such as a valid photo ID with the corrected name.</li><li>Ensure document legibility: Ensure the documents are legible and clear for easy verification.</li></ul><p><strong>Step 4: Submit to Employer/EPFO</strong></p><ul><li>Submit to your employer: Submit the filled form along with the supporting documents to your employer.</li><li>Employer verification: Your employer will verify the details and forward the form to the EPFO office for further processing.</li></ul><h2>Documents Required to Access EPF Account</h2><p>Before initiating the name change process, gathering the necessary documents is crucial. The EPFO typically requires the following documents for identity verification:</p><figure class="table"><table><tbody><tr><td><strong>Document</strong></td><td><strong>Description</strong></td></tr><tr><td>Valid Photo ID</td><td>Aadhar card, passport, voter ID, etc.</td></tr><tr><td>Proof of Address</td><td>Utility bills, Aadhar card, passport, etc.</td></tr><tr><td>EPF Account Details</td><td>UAN, EPF account number, etc.</td></tr></tbody></table></figure><p>These documents are pivotal in establishing your identity and ensuring a smooth verification process.</p><h2>Issues to Deal with in Case of Incorrect EPF Details</h2><p>Incorrect details in your EPF account can lead to complications, especially during crucial stages such as withdrawal or retirement. Here are some common issues and how to address them:</p><figure class="table"><table><tbody><tr><td><strong>Issue</strong></td><td><strong>Solution</strong></td></tr><tr><td>Mismatched Names</td><td>Ensure your EPF name matches your official documents.</td></tr><tr><td>Incorrect UAN</td><td>Cross-verify your UAN to prevent issues with access.</td></tr><tr><td>Inaccurate Details</td><td>Promptly update any inaccurate details in your account.</td></tr></tbody></table></figure><p>Addressing these issues promptly is essential to avoid any inconvenience in the future, especially during critical periods like retirement planning.</p><h2>Procedure to Change Credentials Offline</h2><p>While the online method is more convenient for many, the EPFO provides an alternative offline procedure for those who prefer a traditional approach. The EPF Name Correction Form is the key component in this process. Here's a detailed step-by-step guide:</p><p><strong>Step 1: Download Form</strong></p><ul><li>Visit the official EPFO website: Access the EPFO portal and navigate to the form section.</li><li>Download the EPF Name Correction Form: Locate and download the specific form designed for name correction.</li></ul><p><strong>Step 2: Fill and Submit</strong></p><ul><li>Complete the form: Fill in the form with accurate details, ensuring you provide your current and corrected name.</li><li>Attach supporting documents: Include photocopies of supporting documents, such as a valid photo ID with the corrected name.</li><li>Submit to your employer: Submit the filled form and supporting documents to your employer for initial verification.</li></ul><p><strong>Step 3: Employer Verification</strong></p><ul><li>Verification by employer: Your employer will verify the details in the form and supporting documents.</li><li>Forwarding to EPFO: Once verified, your employer will forward the form and documents to the EPFO office for further processing.</li></ul><p>This offline method provides an alternative for those who may not have convenient access to the internet or prefer a more traditional approach.</p><h2>EPF Name Change Rules</h2><p>Understanding the rules and regulations governing the EPF name change process is crucial for a seamless experience. The EPFO has established guidelines to ensure accuracy and security. Here are some key rules:</p><figure class="table"><table><tbody><tr><td><strong>Rule</strong></td><td><strong>Description</strong></td></tr><tr><td>Verification Process</td><td>Both your employer and the EPFO will verify the submitted name change details.</td></tr><tr><td>Document Accuracy</td><td>Ensure all documents are accurate and the information matches official records.</td></tr></tbody></table></figure><p>Adhering to these rules is essential to ensure a smooth and successful name change process in your EPF account.</p><h2>Name Correction Due to Marriage</h2><p>A common reason for a name change in the EPF is due to marriage. Additional documentation, such as a marriage certificate, may be required in such cases. Here's a specific guide for name correction due to marriage:</p><p><strong>Step 1: Download Form</strong></p><ul><li>Download the EPF Name Correction Form: Obtain the form from the official EPFO website.</li></ul><p><strong>Step 2: Provide a Marriage Certificate</strong></p><ul><li>Attach a copy of the marriage certificate: Include a photocopy of your marriage certificate along with the filled form.</li></ul><p><strong>Step 3: Submit to Employer</strong></p><ul><li>Submit to your employer: Submit the form with the attached marriage certificate to your employer for verification.</li></ul><p>This additional step ensures that the EPFO has the necessary documentation to support your name change due to marriage.</p>

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Steps to change your name in the Employee Provident Fund (EPF). This guide covers both online and offline methods, essential documents, common issues and EPF name change rules.

How to Change Your Name in EPF

<p>Earlier, filing for an EPF claim was cumbersome, involving employer attestation and lengthy processing, sometimes taking months or years. However, thanks to the Government of India's efforts to streamline the process, EPF customers can now have their claims settled in just five days. By linking their Aadhaar card to their UAN, customers can swiftly get their EPF claims processed, eliminating the long waiting periods that were once a norm.</p><h2>Form 13 Withdrawal</h2><p>EPFO's Composite Form, commonly known as Form 11, is poised to take over Form 13 for online automatic transfers. Until now, employees utilised Form 13 to initiate PF account transfers between employers. However, the retirement fund body has opted for Form 11 to be the designated form for all automatic transfer instances, replacing Form 13.</p><h2>Requirements for the EPF Claim Settlement</h2><p>The Government of India has introduced the Composite Claims Form, which incorporates a customer's Aadhaar card details. With this form, employees no longer require their employer's attestation for withdrawals. This innovation has significantly reduced the time taken for EPF claim settlements to just five days.</p><p>To ensure a prompt claim within this timeframe, employees need to adhere to specific conditions:</p><ol><li>File the EPF claim online through the&nbsp;official portal.</li><li>Only those with a UAN (Universal Account Number) are eligible to apply for PF settlements.</li><li>Update Aadhaar card details and bank account information (account number, account name, bank name, etc.) on the EPF portal.</li><li>Have the details verified by the current employer, including the KYC documents submitted by the employee.</li></ol><h2>Composite Claims Form- Benefits</h2><p>The Government of India has introduced the Composite Claims Form, replacing the advantages offered by Form 19, Form 10C (pertaining to pension), and Form 31 (for partial EPF withdrawals). Now, customers are required to utilise the Composite Claims Form solely for EPF settlements.</p><p>Here are the benefits of the Composite Claims Form:</p><ul><li>Employer's attestation is no longer mandatory for the claim settlement process.</li><li>Documentary evidence is not necessary for claiming partial withdrawals.</li></ul><h2>Claim Settlement Steps&nbsp;</h2><p>To initiate a claim settlement, employees should adhere to the following steps:</p><ol><li>Log in to the EPF member portal.</li><li>Under the "Manage" option, select "KYC" on the website.</li><li>Enter your Aadhaar card and bank details as required.</li><li>After filling in the required details, click on "submit."</li><li>Verification and approval of Aadhaar card and bank details by the current employer are necessary.</li><li>Customers are eligible to file for a claim settlement two months after changing their job.</li><li>Once the employer verifies the details and the employee files for a PF settlement, an OTP is forwarded to the registered mobile number.</li><li>Enter the received OTP and submit the Composite Claims Form.</li><li>This initiates the withdrawal process, and employees can anticipate their PF settlement within 5-10 days.</li></ol><h2>&nbsp;</h2>

<h2>Tax Deductions for Premature Withdrawals</h2><p>The EPF entails a lock-in period of 5 years, defining any withdrawal within this period as premature. Withdrawals post five years in the EPF enjoy complete tax exemption under the EEE (Exempt, Exempt, Exempt) status. However, withdrawals made before this period attract TDS (Tax Deducted at Source) under Section 80C of the Income Tax Act. For instance, if an employee has contributed to the same PF account for three years in one company and two years in another, withdrawals are entirely tax-free.</p><p>Presently offering an interest rate of 8.65%, the EPF stands as one of the highest in tax-saving instruments. The prevalence of online processes for EPF, enabling contributions and withdrawals, serves as a significant advantage for customers. This convenience is enticing more employees to opt for this savings scheme.</p><h2>New Facility to Link Aadhaar with UAN Online</h2><p>EPFO subscribers now have the option to link their Aadhaar number with their UAN online. EPFO has implemented this step as part of the verification requirement for online claims.</p><p>Introduced just before Diwali in 2017, this facility aims to enhance services for UAN members, offering faster and improved assistance, according to the retirement fund body.</p><p>Upon linking Aadhaar or UID (Unique Identity Number) issued by UIDAI with UAN, EPFO subscribers gain access to additional online services that mandate Aadhaar linking.</p><h2>The Process of Linking Aadhaar with UAN&nbsp;</h2><p>The process to link Aadhaar with UAN via the EPFO website is outlined below:</p><ol><li>Access the "eKYC Portal" within the "Online Services" section on the EPFO website.</li><li>Click on the "Link UAN Aadhaar" link.</li><li>Provide the UAN to proceed and avail an OTP on the mobile number registered with the UAN.</li><li>Complete the OTP verification process.</li><li>Enter the 12-digit Aadhaar number.</li><li>Receive another OTP on the mobile number or email linked with Aadhaar.</li><li>Verify this OTP.</li><li>If the UAN details match those in the Aadhaar database, the UAN will be successfully linked with Aadhaar.</li></ol>

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Stay updated on the latest EPF claim and settlement changes as the government aims to process claims within just 5 days. Learn the step-by-step process for claiming, checking your PF status, and linking your Aadhaar card to UAN. Empower yourself with the essential information for a seamless EPF experience.

EPF Claim In 5 Days By Linking Aadhaar UAN

<p>A unique identifier known as the Universal Account Number, or&nbsp;UAN, is given to each EPFO member who contributes to their EPF accounts. As per EPF regulations, each PF member can only possess a single&nbsp;UAN because it can be not easy to navigate the maze of <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employee Provident Fund</a> (EPF) accounts, particularly if you have to manage several UANs. Although it can seem like a bureaucratic obstacle, unifying these accounts is important. In this blog, we provide detailed information on how to merge two different UAN accounts into one.&nbsp;</p><h2>Reasons for Allotment of Two UAN Numbers</h2><p>The new employer opens a new EPF account when an employee changes jobs. Every EPF account has a UAN associated with it. Therefore, there is a very high chance that when the member employee switches organisations, a new UAN number will be assigned to him. The member may be assigned a new UAN for several reasons. The following is a list of the most typical causes:</p><ul><li><strong>The worker withheld information about his prior UAN:</strong><br>An employee must reveal his prior UAN and EPF account number (Member ID) while changing jobs. If he denies these facts, the new employer will start his new UAN and EPF accounts.</li><li><strong>Non-furnishing of “Date of Exit” by the previous employer:</strong><br>Your former employer must include “The date of leaving in the Electronic Challan and Return or ECR.” The new employer issues the employee a new UAN if the previous one is not given on time.</li></ul><h2>How Can You Merge Two UAN EPF Accounts?</h2><p>Members of EPFO who own two UANs are required to deactivate one of them. The EPF amount must be transmitted to the new UAN, and the previous UAN is often deleted.</p><p>Some different methods to deactivate the UAN are stated below:</p><h3>Method 1:</h3><ul><li>Inform your employer or EPF of the problem as soon as you become aware.</li><li>Emails can be sent to&nbsp;uanepf@epfindia.gov. When you mention your past and present UAN, EPFO will investigate the matter.</li><li>Your current UAN will remain operational while your prior UAN is blocked.</li><li>After that, you must file a claim to move the EPF account to the newly active account (connected to the banned UAN).</li></ul><p>This procedure takes a while, and the resolution rate is reportedly not good. As a result, EPFO has developed a new process that will simplify for members to combine their two UANs and transfer their EPF. Below, let’s go over this approach in more detail:</p><h3>Method 2:</h3><ul><li>The transfer of EPF funds from the old UAN to the new one must be requested by the EPFO member.</li><li>The EPFO system automatically identifies the duplicate UAN upon receiving a request for an EPF transfer. This process of identification happens periodically.</li><li>Following accurate identification, EPFO will deactivate the old UAN used to perform the EPF transfer, and the employee’s prior member ID will be linked to the new UAN. The employee receives an SMS informing them of their deactivation status.</li><li>To obtain the most recent account status, the employee will be asked to activate his new UAN if he hasn’t already.</li><li>The employee may occasionally receive PF arrears from their former company. The EPFO’s system will immediately recognise the arrears in these situations resulting from two EPF accounts with separate UANs. The arrear is deposited in the new PF account linked with the new UAN. There is a periodic identifying process. Therefore, as soon as you learn about it, you must request the transfer of your old EPF to your new one. In the ECR, the system automatically enters the new UAN number.</li></ul><h2>Advantages of UAN for Employees</h2><p>UAN provides some advantages to the employees. Check them out they are stated below:</p><ul><li><strong>Minimum Employer Involvement in PF Withdrawals:</strong><br>Employer participation is much decreased when UAN is present since, upon completion of KYC verification, the PF accumulation from the previous organisation will be moved to the new PF account.</li><li><strong>No Need for Fund Transfer:</strong><br>After verification, the staff member must provide his new employer with his UAN data and KYC to transfer the previous PF amount to the new PF account.</li><li><strong>Manage Via SMS Alerts:</strong><br>As soon as an employer contributes to PF, individuals will receive an SMS. The employee was authorised on the UAN portal. Thus, this is given.</li></ul>

<h2>Steps to Transfer EPF Online</h2><p>Before you transfer your EPF online, you must know the steps. Check the following steps to transfer EPF online:</p><ol><li>Click this to access the EPFO web portal.</li><li>Enter the information, including your password, UAN, and captcha.</li><li>After logging in, click “One Member-One EPF Account” in the “Online Services” section.</li><li>Verify that all of your personal information is current and accurate on the following page that displays.</li><li>To view and correctly check your PF details, click “Get details.”</li><li>Click “Get OTP” once your PF information has been validated.</li><li>Click “Submit” after entering the OTP sent to the registered mobile number.</li><li>After that, you must complete Form 13, which requests your PF information from your prior and current employers.</li><li>Within the next 10 days, it is essential that the individual signs the form and mail it to the employer.&nbsp;</li><li>Your employers will check the information you submitted and confirm its accuracy, allowing your EPF to be successfully sent online.</li></ol><h2>Conclusion</h2><p>It is against the law and the regulations to have two active UANs. Each member must have a single UAN connected to all their EPF accounts. However, an employee with two UANs may ask to terminate his prior UAN. As a result, an EPF account associated with one UAN.</p>

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Looking for merge two UAN EPF accounts? With UAN, one can transfer EPF funds from one account to another account by the linking the same.

How To Merge Two UAN EPF Accounts

<p>Easy access to your EPF account is necessary to know the details and handle the money on a regular basis. Fortunately, you are able to withdraw money with the help of an inquiry letter anytime, even without your manager’s signature. You do not have to run around for signatures anymore. This modification makes life easier for those who want easy access to their <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">EPF</a> funds. Let's now explore the specifics of this revolutionary improvement and how it gives you more financial control.&nbsp;</p><h2>Criteria to be Fulfilled For Using This Facility</h2><p>If you complete the following four requirements, you can withdraw your EPF amount without your employer's signature.</p><ul><li>Your UAN number needs to be active.</li><li>Your Aadhaar number and UAN must be linked.</li><li>Your bank details must be submitted with your UAN.</li><li>Using digital signatures, your employer has validated your KYC.</li></ul><h2>Step-by-Step Guide to Withdraw PF Without Signature of the Employer</h2><p>Points to consider before withdrawing:</p><ul><li>The Form 19 must be downloaded and completed as the initial step. To withdraw from the EPF, Form 19 is needed. Additionally, Form 10C is required for the EPS withdrawal.</li><li>Next, you need to have it certified by a gazetted officer, magistrate, postmaster, notary, manager of a bank, or other appropriate official.</li><li>You should submit a letter to the regional PF Commissioner outlining your specific need for them to be attested, along with an explanation of your issues with your employer. Please include any supporting documentation you may have against the employer's obstructive attitude with your letter.</li><li>Make an affidavit for yourself if you do not have a job. As a result, you can print the affidavit on stamp paper after downloading it. This is necessary because you must be unemployed when you apply to withdraw your EPF.</li><li>After that, you must mail each of these to the EPF regional office and wait for a few months.</li><li>Your request to withdraw your EPF will undoubtedly be granted after the paperwork has been processed, and you will be paid. You should submit an RTI request to the EPF department to find out the current status of it.</li></ul><h2>EPF Withdrawal With an Aadhaar Card</h2><p>The following points need to be adhered to when withdrawing EPF amount with the help of an Aadhaar card:</p><ul><li>The EPFO offers a way to make withdrawals on its member portal that requires only attaching your Aadhaar card, making the process easier. Employer attestation is not required to complete the process if your UID card is linked.</li><li>However, your employer should have confirmed the UID number, salary bank account number, and the information included in the EPFO member portal.</li><li>Confirm that your UAN is turned on.&nbsp;</li></ul><p>When you have addressed these points, you can begin the process of taking a PF withdrawal without getting your employer's approval.</p><ul><li>Download Forms 19, 31, and 10C, the new EPF withdrawal forms, from the EPFO website.</li><li>Enter your name (as it appears on your bank account, Aadhaar card, and UAN), residence, PAN card number, registered cellphone number, reason for leaving, and joining date on these forms.</li><li>To withdraw PF, use Form 19 and UAN.</li><li>To take withdrawals from your pension benefits, use Form 10C and UAN.</li><li>Attach a cancelled cheque to the EPF form to validate your bank account number. Next, deliver the completed form and the voided cheque to the closest EPF office.</li><li>Remember that the bank account number listed in the UAN database and your bank account number should match. The information you provided on the form and the UAN database should also match. Any inconsistencies in the details could lead to a request to leave the EPF being denied.</li></ul>

<h2>Withdrawal of EPF Without an Aadhaar Card</h2><p>Making a cash withdrawal without the employer's signature might be time-consuming for people without an Aadhar card. Follow the given steps to get it done:&nbsp;</p><ul><li>Download forms 19, 31, and 10C via the EPFO member portal.</li><li>Complete the form with the required information. Obtain an attestation from a reputable source, such as the bank manager where you maintain your salary account, a magistrate, a Gazetted officer, or an employee of the EPFO.</li><li>Verify the bank details on each page of your form and obtain an authorisation or stamp.</li><li>One must specify the purpose of a direct withdrawal application to prevent fraud cases. Citing the former employer's "non-cooperation" is typically sufficient justification.</li><li>Use a stamp paper worth 100 rupees to affix an indemnity bond.</li><li>Enclose the copies of your employee ID card, Form 19, appointment letter, and payslips.</li><li>Before completing all the paperwork and submitting the application at the EPF office, don't forget to include a copy of your KYC documents, which prove your identity and address.</li></ul><h2>Legal Actions</h2><p>If your former employer still harasses you despite your complete confidence in your actions, remember to gather all the evidence required to establish harassment against them and notify the PF officer. The officer will do an investigation, and if the former employer is liable, appropriate measures shall be undertaken on them.</p>

Learn how to take control of your EPF funds with the revolutionary ability to withdraw without your employer's signature. Explore the criteria, step-by-step guides, and legal actions involved, ensuring easy access to your EPF account.

EPF Withdrawal Without Employer's Signature

<p>Adding an extra layer of security to your financial fortress means investing more in the <a href="https://www.indmoney.com/blog/savings-scheme/employees-provident-fund-epf">Employees' Provident Fund</a> (EPF) than the minimum 12% of your base salary. Typically, employees contribute 12% of their base pay, and the company contributes 13.61% to the EPF. Many employees choose the EPF retirement investment plan because of its several perks. By making a larger contribution than the required percentage might lead to better rewards and a more solid financial base. Let's explore the benefits of deviating from the 12% bracket and going on the path to a more secure financial future.</p><h2>Key Points About the EPF Contribution</h2><p>These are the essential key points that you must consider:</p><ul><li>8.33% of the employer's total payment goes towards the Employee's Pension Plan, while 3.67% goes towards the Employees Provident Fund.</li><li>Every contribution is updated in the EPF member passbook.</li><li>The EPF receives all of the money that they contribute.</li><li>In addition to the contributions mentioned above, the employer must contribute an additional 0.5% to EDLI.</li><li>The employer must also pay a portion of the 1.1% and 0.01% administration charges for EDLI and EPF, respectively. This indicates that the employer must contribute 13.61% of the employee's pay to this programme.</li></ul><h2>Employee's Share of EPF Contribution</h2><p>Generally speaking, the employee's contribution rate is set at 12%. For the organizations listed below, however, the rate is set at 10%:</p><ul><li>Companies or organizations with no more than 19 employees</li><li>Industries that the BIFR has designated as sick industries</li><li>Businesses that lose a lot more money each year than they are worth</li><li>Jute, brick, guar gum, beedi, and coir industries</li><li>Businesses that pay employees no more than Rs. 6,500</li></ul>

<h2>Employer's Share of EPF Contribution</h2><p>Employers must contribute a minimum of 12% of the monthly salary, while they are free to contribute more if they want. This implies that a monthly contribution of 12% of the salary must be made to the PF account by both the employer and the employee. It is a long-term investment fund that enables contributors to maintain their independence after retirement.</p><h2>How can an Employee Contribute More than 12% Towards EPF?</h2><p>An easy way for a salaried employee to contribute more than 12% towards their provident fund is by using a VPF account.&nbsp;</p><p>The VPF, or Voluntary Provident Fund, is an optional contribution made by salaried employees in addition to their EPF contributions. One of its main benefits is that it's a government-backed savings plan with high returns and minimal risk. It is the employee's voluntarily made financial contribution to their provident fund account.&nbsp;</p><p>The amount contributed exceeds the 12% that an employee is required to contribute to his EPF. Up to 100% of the Basic Salary and Dearness Allowance can be contributed at maximum. The interest rate is the same as that of the EPF.</p><p>Employers are not required to make contributions to their employees' VPF accounts. A VPF is an extension of an EPF. The VPF alternative is only available to salaried employees who earn their monthly salaries through a specified salary account.</p><h2>Benefits of Having an EPF Account</h2><p>The following are some advantages of owning an EPF account:</p><ul><li>Funds will be deposited until you pass away, retire, or quit your job. Interest will also be payable on the entire deposit made, and you will benefit from a bonus offer.</li><li>Partial withdrawals may help pay for bills related to home construction or purchase, education, marriage, health issues, etc.</li><li>It is the most tax-friendly retirement corpus-building instrument.</li><li>The sum is fully exempt from tax under Section 80C of the Income Tax Act if you withdraw it after working in the same organization for five consecutive years.</li><li>8.5% is the announced interest rate for this fiscal year.</li><li>EPFO has decided to use electronic means for all beneficiary payments.</li><li>Under EPF, you are eligible for the EDLI life insurance coverage.</li><li>Top stock exchanges and SEBI have asked the incoming central government to permit a portion of the corpus to be invested in stocks and mutual funds to channel the savings.</li><li>Additionally, SEBI has recommended that mutual funds and stocks be used to invest the Rs. 5.5 lakh crore that EPFO manages.</li><li>The EPF funds should be allocated to both the primary and secondary markets, according to a request made by the Bombay Stock Exchange.</li><li>The retired will receive larger returns from their investments with SEBI and BSE.</li></ul>

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Explore the benefits of contributing more than the standard 12% of your base salary to the Employees' Provident Fund (EPF).

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