EPF Account Transfer on Jobs Change: If UAN is linked to Aadhaar and personal details of all members match exactly, then provident fund can now be transferred even without employer verification.
Provident Fund Transfer On Job Change: There is relief news for the members of the Employee Provident Fund Organization. EPFO has made it very simple to transfer the Provident Fund on changing the job. Now the rule of transferring the Provident Fund to the members through the old or new employer on changing the job has been abolished.
Provident Fund Transfer Rules Made Easy
The Employee Provident Fund Organization has issued a circular on 15 January 2025 in which the process of transfer of Provident Fund account on changing the job has been simplified. In these cases, the rule of claiming online Provident Fund account transfer through the existing or old or new employer has been abolished.
The cases in which relief has been given are as follows –
- In such a case, where the Universal Account Number has been allotted on or after 1 October 2017 and it is linked with Aadhaar, relief has been given in such cases if the Provident Fund account has to be transferred between member IDs of the same Universal Account Number.
- In such cases, if the transfer has to be done between member IDs linked with different Universal Account Numbers and in such cases, the Universal Account Number has been allotted on or after 1 October 2017 and it is linked with Aadhaar, relief has been given in such cases.
- In case of transfer between member IDs linked with the same Universal Account Number, where the Universal Account Number was allotted before 1 October 2017 and it is linked with Aadhaar, and the name, date of birth and gender in the member ID are the same.
- In case of transfer between member IDs linked to different Universal Account Numbers where at least one UAN was allotted before October 1, 2017, is linked to the same Aadhaar, and the name, date of birth and gender in the member ID are the same.
Personal details must be correct everywhere
The circular of Employee Provident Fund Organization means that in the above cases, employees can now directly claim for provident fund transfer. That is, if UAN is linked to Aadhaar and the subscribers’ personal details given everywhere match exactly, then now provident fund can be transferred even without the verification of the employer.
