The Employees’ Provident Fund Organisation (EPFO) has simplified the process of transferring Provident Fund (PF) accounts for employees changing jobs. Now, employees will not need to visit their old and new employers to submit online transfer claims.
A circular issued by EPFO on January 15 had mentioned the circumstances under which a PF account can be transferred directly, without any intervention from the employer. If the member’s Universal Account Number (UAN) has been issued on or after October 1, 2017 and is linked to Aadhaar, then the account transfer will become easier.
Similarly, transfers between accounts with different UANs are also possible, provided both the UANs are linked to Aadhaar and all personal details (such as name, date of birth and gender) are the same.
EPFO clarified that even if UAN is issued before October 1, 2017, the transfer process will be easy provided there is Aadhaar linkage and all the details match. This step has been taken with an aim to make the account transfer process quick and hassle-free for employees changing jobs.
Universal Account Number (UAN) is a unique 12-digit number given to every employee by EPFO, which links all their PF accounts. It is necessary to link it with Aadhaar so that all the account-related processes can be simplified and faster.
To link Aadhaar with UAN, employees can visit the EPFO e-service portal and log in. After selecting the KYC option from the ‘Manage’ menu, Aadhaar details will have to be filled and saved. After this, Aadhaar is verified through UIDAI data. After this process is completed, Aadhaar and PF accounts are linked. This initiative of EPFO will save time and effort of employees and make the process more efficient. This will eliminate the hassle of transferring PF account while changing jobs.
How to link UAN with Aadhaar on EPFO portal, know?
- Login to e-sewa portal and use UAN.
- Select KYC option from ‘Manage’ menu.
- Click on Aadhaar option and fill your information.
- Save the details.
- Aadhaar verification will be done based on UIDAI data.
- After KYC is completed, your Aadhaar will be linked to your PF account.
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