Skip to main content

EPF account holders can generate UAN online

You can now generate a UAN on your own without going to your employer.... Yes you heard it right.... But, only Aadhaar card holders with a registered mobile number are allowed to use this facility.

Giving more independence to account holders, the Employees' Provident Fund Organisation (EPFO) has now launched a new facility which allows you to generate your universal account number (UAN) online on your own.

Earlier, the only option for an EPF account holder was to contact his or her employer who would generate the UAN after getting the relevant forms signed by the employee. The employer would have to submit the forms to EPFO and generate the UAN which was then shared to the employee.

In most cases, the UAN is mentioned on salary slips. If not, you had the option of finding your UAN from the EPFO website.
But now you can generate your own UAN without the intervention of your employer. Remember that you can not have more than one UAN as the number will remain the same throughout your life. At the time of changing jobs, you just need to share your UAN with the new employer for them to get your previous EPF balance transferred to the new account.

To generate a new UAN, you need to go to EPFO's unified portal for member services and click on the option 'Direct UAN Allotment by Employees' on the bottom right side of the page. Those who already have their UAN but want to the number can click on "Know your UAN status'.

Those generating a new UAN will be taken to a new page where users will be asked to provide their Aadhaar-linked mobile number and captcha code. Since UAN is an Aadhaar linked facility, only Aadhaar card holders with a registered mobile number are allowed to use this facility.An OTP is sent to the registered number to confirm the identity of the user after which a UAN is generated and sent to the mobile number. Later on, you can also log-in to the EPFO website by using the password sent to you.


Labels:

Comments

Post a Comment

Popular posts from this blog

Card user's at risk????

Here's a warning for debit and credit card users in India. Data of 1.3 million credit/debit card users is up for sale on a dark-net website called Joker's Stash. The Reserve Bank of India (RBI) too has taken notice of the theft and has reportedly sent advisory to banks across the country. Here's all you need to know about this and why you may need to go for a new card: The hack has been discovered by Group-IB, a Singapore-based company that specialises in detection and prevention of cyberattacks. Of the 1.3 million cards whose data is available for sale, 98% are believed to be from India. Group-IB has not shared the names of the banks whose credit/debit cards have been compromised. 5.5 lakh cards analyzed are said to be of a single Indian bank Though Group-IB did not reveal the source of the breach, hackers most likely acquired the card details through skimming devices, which were secretly planted on ATMs or PoS systems. In a letter s...
Post a Comment
Read more

PAN card holders could be fined ₹10,000 for not linking it with Aadhaar

Your PAN card will become inoperative if it is not linked to Aadhaar within March 31 Using an inoperative PAN card might lead to a  ₹ 10,000 fine  If you fail to link your PAN card with Aadhaar card within the deadline of March 31, then the income tax department might impose a penalty of  ₹ 10,000 on you for using an inoperative Permanent Account Number. The income tax department had earlier announced that all unlinked PAN cards will be declared as "inoperative" and now it has issued a new notification saying that such PAN card holders shall face consequences under the Income Tax Act for not furnishing PAN. "Typically, when a PAN becomes inoperative, it will be assumed that PAN has not been furnished/quoted as required by the law and a penalty of  ₹ 10,000 may apply as per Section 272B of the Income Tax Act," BankBazaar CEO Adhil Shetty said. At the face of it, using PAN card as an ID proof for non-tax related purposes like opening a bank account or applying for...
Post a Comment
Read more

What is Mutual fund

 Mutual Fund might seems to be complicated as well as intimidating. In simple we can say that mutual fund is a large pool of money put in by a large number of investors and this funds are managed by a professional person known as fund manager.                         It is a trust that collects money from a number of investors who share a common objective and then invests the money in various categories such as equities, bonds, money market instruments and other securities. "Here the investors own units which represents there holdings of the fund and the income/gains or losses are distributed proportionately among the investors after deducting certain expenses by calculating a scheme's Net Asset Value ". A Mutual Fund is one of the most viable investment options for a common man who are willing to take a small amount of risk in the process of there wealth creation as it offer an opportunity to invest in diversifi...
Post a Comment
Read more