The UAN or universal account number is a unique 12-digit number for each person registered with the Employee Support Foundation (EPFO). It was launched in 2014 and aims to provide people with a shared account that they can use to perform all their FP-related activities. Therefore, employees with retirement funds in India can track their FP-related data through a common account. If you are transferring from one organization to another, then when you choose a new PF, It will help you transfer the provident fund from your existing PF account to a new organization.
(Universal Account Number) is important because the entire EPF service is now online. Use It as payment to access your PF account service, you can view the EPF balance without the assistance of the employer, and it is very easy to apply for a PF loan. This article covers everything you need to know about universal accounts.
Every time an employee changes jobs, EPFO will assign a new EPF account or subscriber identification number (ID) related to it. As an employee, you can request a new member ID by sending UAN. After creation, it is bound to the employee’s UAN. Therefore, It becomes the roof of many membership cards assigned to employees by many employers.
How to activate UAN
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Through the employer
Generally, your employer must issue it to each employer. Instead, the employer must print its number on the payroll. However, there are many employers who fail to inform their employees of UAN.
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Through UAN Portal using PF number/member ID
You may not be able to obtain it from the employer. You can also get the UAN number through the UAN portal. Please follow the steps below:
Step 1: Visit the UAN Portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/
Step 2: Click the “Know your UAN status” tab.
Step 3: Select your state and EPFO office from the drop-down menu, then enter your PF/Member ID and other details such as name, date of birth, mobile phone number and access code. You can get the PF/member ID number from your salary. Go to the Get Authorized PIN label.
Step 4: You will receive a PIN code on your mobile number. Enter your PIN and click the “Confirm OTP and Get UAN” button.
Step 5: Your universal account will be sent to your mobile number.
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Activate and login to the EPFO website using UAN
EPFO makes it possible to check the status of It . I will tell you how to check the CAS status. However, in order to obtain a UAN number, you need to carry certain information with you.
To activate It , you must have a universal account and PF member ID.
Step 1: Go to the EPFO homepage, and then click “For Employee” under “Our Services” in the dashboard.
- Step 2: In the “Services” area, click “MemberUAN/Online Services”. You will be forwarded to the uan portal.
Step 3: Enter your universal account number, mobile phone number and PF member ID. Get verified by entering captcha. Press the “Get Authorization PIN” button.
Step 4: You will receive the PIN code of your registered mobile number.
Step 5: click on I agree checkbox and enter the otp you’ve received.
Step 6: click on “validate otp and activate uan”
Step 7: After enabling UAN, you will receive a password for registering your mobile number in order to access your account.
Benefits Of UAN
- It helps to centralize employee data in countries/regions. One of the main purposes of this unique number is to reduce the number of EPF verifications for company employees and employers.
This account allows EPFO to extract KYC and bank account details as well as the member’s KYC without the help of the employer. Help EPFO track the work changes of multiple employees. With launch of It, early and early EPF withdrawals have been greatly reduced.
Each new PF account with a new job is part of a single unified account. This number helps to extract PF online (in whole or in part). Employees themselves can use this unique account number to transfer PF balance from old to new. If you need a PF statement (visa, loan guarantee, etc.), you can download it immediately by logging in with your member ID or UAN or sending a text message.
Conclusion
Therefore, employees with provident funds in India can track their PF-related data through a common account. If you are transferring from one organization to another, then when you choose a new PF account, It will help you transfer the provident fund from your existing PF account to the new organization.
Or, you can continue to use the same account in the new organization. In this case, you will need to provide this number along with the existing PF account of the new organization to receive your monthly PF donation.
Frequently Asked Question:-
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