The Employees’ Provident Fund Organisation (EPFO) has set a deadline of January 15, 2025, for employees to activate their Universal Account Number (UAN) and link their bank accounts with Aadhaar to avail benefits under the Employment Linked Incentive (ELI) Scheme.
Importance of UAN Activation and Aadhaar Linking:
Activating your UAN and linking it with your Aadhaar and bank account are essential steps to:
- Access EPFO Services: Enables seamless access to various EPFO services, including withdrawals, transfers, and viewing of passbooks.
- Receive ELI Scheme Benefits: Mandatory for availing incentives under the ELI Scheme.
- Ensure Accurate Contributions: Facilitates proper credit of employer and employee contributions to your EPF account.
Step-by-Step Guide to Activate UAN:
- Obtain UAN from Employer:
- Your employer provides the UAN; if not, request it from your HR department.
- Visit the EPFO Member Portal:
- Select ‘Activate UAN’:
- Click on the ‘Activate UAN’ option.
- Enter Required Details:
- Provide your UAN, Member ID, Aadhaar number, PAN, name, date of birth, mobile number, and email ID.
- Complete CAPTCHA and Request OTP:
- Enter the CAPTCHA code and click on ‘Get Authorization Pin.’
- Enter OTP and Activate UAN:
- An OTP will be sent to your registered mobile number. Enter the OTP and click on ‘Validate OTP and Activate UAN.’
- Set Password:
- Upon successful activation, set a password for your EPFO member portal account.
Linking Bank Account and Aadhaar:
- Log in to EPFO Member Portal:
- Use your UAN and password to log in.
- Navigate to ‘KYC’ Section:
- Go to the ‘Manage’ tab and select ‘KYC.’
- Add Bank and Aadhaar Details:
- Enter your bank account number, IFSC code, and Aadhaar number.
- Save and Submit:
- Click on ‘Save.’ Your employer will verify the details, and upon approval, your KYC status will be updated.
Consequences of Missing the Deadline:
Failure to activate your UAN and link your bank account with Aadhaar by January 15, 2025, may result in:
- Ineligibility for ELI Scheme Benefits: You may not receive incentives under the scheme.
- Restricted Access to EPFO Services: Limited ability to utilize online EPFO services.
Conclusion:
To ensure seamless access to EPFO services and benefits under the ELI Scheme, activate your UAN and complete the necessary linkages before the January 15, 2025, deadline. For further assistance, visit the official EPFO website or contact your employer.