Skip to main content

How to link your EPF Account with Aadhaar

Aadhaar can make EPF withdrawals easier

Here is a step-by-step guide on how to link your EPF account with Aadhaar


The Employees' Provident Fund (EPF) Organisation now has a completely online process for withdrawals from your EPF corpus. Using this facility, you can make final claim settlements, partial withdrawals as well as pension benefit withdrawals. The new online system is expected to reduce the settlement time for claims from about 20 days at present to around 10 days. However, this facility is available only for those who have an active Universal Account Number (UAN) and have linked this account with their Aadhaar number.

Here is a step-by-step guide on how to link your EPF account with Aadhaar.


Activate your UAN
When you change jobs, your employer creates a new EPF account, called member ID, for you. The UAN is a single account number that has details of all your EPF member IDs. You can get your UAN number from your employer. You can also check your UAN from the 'Know your UAN status on the EPF member portal. To use this option, you will need your EPF member ID, which is usually mentioned on your salary slip.


You will need to activate the UAN from the 'activate UAN' option on the EPF member portal. This includes creating a password for logging into the member interface. Your UAN as a user ID and the password you create, can be used for all of EPF's online facilities, including checking your EPF passbook.


Linking Aadhaar
After you log in to your member interface, find the tab labelled 'manage'. Under this tab, click the KYC button.


Here you will find a list of most common KYC documents that you can use to activate the UAN. To be able to use the online withdrawal facility, select 'Aadhaar' from the list and fill in your details-your name, exactly as it is in the Aadhaar database and your Aadhaar number.


Note that while processing your claim through the online claims facility, the EPF system will move forward only if your name, date of birth and gender in your Aadhaar records match your details that are available with the EPF. Accordingly, if there are mismatches in your record, make it a point to make the corrections wherever needed. Moreover, while making an online claim, you will receive an one-time password (OTP) for authentication over SMS from the Aadhaar authority. So, make sure that the phone number that you have registered with Aadhaar is in working condition.


For the online claims facility to work, you also need to submit your bank account information-account number, name as in bank records and IFSC code. Also, if you have not been an EPF member for 5 years, and want to make a claim for permanent settlement, you will also need to submit your PAN number.


Once you submit these details, click 'Save' on the page. After this, these documents will be listed under 'pending KYC' on the same page. It could take between one and two weeks for the approval, according to EPF officials. Once a particular document is approved, it will be listed under 'approved KYC' on the same page.


After you have your Aadhaar, bank details and PAN under the 'approved KYC' list, you are eligible to submit an online claim for withdrawals.



Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

Top 10 Tax Saver Mutual Funds for 2017 - 2018

Best 10 ELSS Mutual Funds to Invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Tata India Tax Savings Fund 

3. Birla Sun Life Tax Relief 96

4. ICICI Prudential Long Term Equity Fund

5. Invesco India Tax Plan

6. Franklin India TaxShield 

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Sundaram Diversified Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300





Popular posts from this blog

Mutual Fund Review: Taurus Tax Shield

    Taurus Tax Shield has seen a turnaround in performance since 2007, but still remains a volatile offering… The fund has seen a turnaround in its performance since 2007 and has delivered impressively during market rallies since then. The portfolio is also more diversified. It contained its downfall to an average level in 2008 but is still one of the most volatile offerings in this category. Bold investors can look at this fund.   Strategy The fund manager invests across the market capitalisation and sectors. The selection of stocks is made on the basis of long-term business prospects and value creation. Fund Insight Launched in March 1996, the fund was a laggard with just two annual outperformances. Concentrated stock bets and high exposure to mid and small caps led to it being hit harder during market downturns. The number of stocks in the portfolio never exceeded 20 and it was not rare to see the top 5 holdings account for around 60 per cent of the portfolio. After b...
Read more

Mutual Fund Review: HDFC Mid-Cap Opportunities Fund

LAUNCHED in June 2007, HDFC Mid-Cap Opportunities Fund was started as a three year closed-ended scheme. It was subsequently converted into an open-ended scheme in June 2010. The fund has been ranked as Crisil Fund Rank 1 in the small & midcap equity category according to Crisil Mutual Fund Ranking methodology over two of the last four quarters and has been present in the top 30 percentile in the category for all the four quarters. Crisil Mutual Fund Rank 1 funds form the top 10 percentile of the ranked universe representing very good performance vis-à-vis category peers. The fund, managed by Chirag Setalvad, has assets under management of ` 1,275 crore as of April 30, 2011 and has outperformed its peers and the benchmark (CNX Midcap Index) in the 1, 2 and 3 year time frames. INVESTMENT APPROACH The fund's objective is to earn capital appreciation by investing in equities of small and mid cap companies. While these companies have a higher return potential than large cap ...
Read more

Tata Fixed Income Portfolio Fund dividend

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)       Tata Mutual Fund has announced dividend under the dividend option of Tata Fixed Income Portfolio Scheme B2 Plan A-DQ, Tata Fixed Income Portfolio Scheme B2 Reg-DQ and Tata Fixed Income Portfolio Scheme B2 Direct-DQ. The record date has been fixed as August 29, 2013. Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Onlin...
Read more

NRIs and direct taxes code (DTC)

DTC Proposes To Do Away With Special Provision That Allows NRIs Liberalised Duration Of Stay In Country      THE new direct taxes code could bring a large number of global Indians under the tax net, as it does away with a provision that allowed individuals to escape tax in any country citing double tax avoidance.    The new legislation, introduced in Parliament on Monday, says an individual shall be a resident of India in any financial year if he is in the country for more than 59 days in that year, and has been has been India for more 365 days in four preceding financial years. A number of Indian industrialists including Vedanta's Anil Agarwal and Essar's Ravi Ruia have acquired non-resident status over the years.    The DTC has only attempted to clean up the provision in line with the laws globally. A phrase "being outside India" in the existing income tax law exempted individuals who stay outside the country for six months from paying taxes. This was prone ...
Read more

Stick to Good Fund Manager who Can Multiply Your Investment

A manager may be the difference between the best and worst funds. Here's how you can find the right one    Does a mutual fund manager make a difference to your investment? The answer may not be as easy as you think, since most best-performing mutual funds have moved away from individualistic fund management to process-driven methods, limiting the scope of an individual's role in investment decisions. In fact, many fund managers would speak at length about how the "system" their fund house has in place makes their task of picking stocks easy even though it restricts their freedom. Still, the question is important, especially after recent reports that the Securities and Exchange Board of India ( Sebi ) may ask fund managers to disclose to investors their track record of managing money. Let us take a look at the universe of large-cap funds over the past five years. According to Value Research, an independent mutual fund tracking firm, the topper in the category is DSP...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now