EPFO New Rule: Earlier the last date to link UAN and bank account with Aadhaar by December 15 was 30 November, but a large number of employees missed it. EPFO has given them another chance.
EPFO New Rule: The Employees Provident Fund Organization (EPFO) has extended the deadline to activate the Universal Account Number (UAN) for new employees of the private sector. For this, they will now have to link their UAN and bank account with Aadhaar by December 15. Earlier its last date was 30 November, but a large number of employees missed it. EPFO has given them another chance.
EPFO says that by activating UAN, employees will be able to take advantage of the Employment Linked Incentive (ELI) scheme. The organization has directed employers to update the UAN and bank account of all new employees within the stipulated time limit.
What will be the loss if not linked
The direct benefit transfer (DBT) of the scheme can be possible only when Aadhaar and bank account are registered with full details with UAN number. Right now, information is being updated only from the employees who joined the job in the current financial year. In the next phase, old employees will also have to update their details.
Activate UAN number like this
- First go to the EPFO portal (https://www.epfindia.gov.in/). Click on Activate UAN link under Important Links.
- Enter UAN, Aadhaar number, name, date of birth and mobile number linked to Aadhaar.
- Employees have to ensure that their mobile number is linked to Aadhaar.
- After that agree to Aadhaar OTP verification.
- Click on Get Verification PIN to receive OTP on your Aadhaar linked mobile number.
- Enter the OTP to complete the activation.
- On successful activation, a password will be sent to your registered mobile number.
