Skip to main content

Umang app

Top SIP Funds Online 


Check EPF balance, passbook on Umang app



In the app, you can view your passbook; raise a claim for pension withdrawal; and you can also track the status of your claims already submitted

The Employees' Provident Fund Organisation (EPFO) has hosted its services on the Umang app. The app is not exclusive to EPFO. It is available on the Google Play store, iOS App Store, and Windows Store. Published by the Ministry of Electronics and Information Technology, it is a common platform for various government services such as gas booking, Aadhaar, crop insurance, EPF and National Pension System.


This app can be downloaded from the app store of your mobile operating system. A link on the EPFO website, https://web.umang.gov.in, will also lead you to the to the app's download page. To initialise it, you will need to give it permissions to access your location, SMS and calls data.


To register, you will get a one-time password (OTP) on the mobile number on the device on which the app is downloaded. At this stage, you have to choose two security questions, which can be used to recover your account from the app if you lose access to your account or forget its PIN. 


Next, the app will prompt you to link your Aadhaar number. For now, linking Aadhaar number here is voluntary and you can skip this step. However, if you chose to link you will be giving your consent to the Ministry of Electronics and Information Technology to use your Aadhaar details for eKYC. With this, your KYC details will automatically be seeded in your profile and your name, date of birth, gender and address will be populated for you in the next page. If not, the app will prompt you to input these details. However, here too you can have the option to skip this process. 


Once the app is installed and initialized on your mobile, you can find the EPFO option from the app's home page. You will have to select the 'Employee Centric Services' option and input your EPF Universal Account Number (UAN) when prompted. Now, you will be able to log in using an OTP that will be sent to your number registered with the EPF. 


The EPFO section in Umang app currently provides three services. You can view your passbook; raise a claim for pension withdrawal, part withdrawal, and final settlement; and you can also track the status of your claims already submitted. The passbook view feature can be accessed even if you do not link your Aadhaar with the Umang app or even the EPF. However, for the other two online features it is mandatory to link your Aadhaar number with your EPF account. 


One feature missing as of now in the EPFO section of Umang app is that it does not allow to raise transfer requests from one EPF account to your latest EPF account. However, that can still be done online from the EPF member portal. You can read how to do it here.


The EPFO had another app in the Google Play store called m-EPF, which could show the passbook and balance.


It has now been taken down and Umang is the only officially approved app providing EPFO services.


EPFO is also working towards providing other services like Aadhaar seeding, nominations and pensioner-specific services through the Umang app.


SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com 

Popular posts from this blog

Tata Mutual Fund

Being a part of the Tata group, the fund has the backing of a very trusted brand name with strong retail connect. While the current CEO has done an excellent job in leveraging the Tata brand name to AMC's advantage, it is ironic that this was just not capitalised on at the start. Incorporated in 1995, Tata Mutual Fund remained an 'also-ran' fund house for around eight years. Till March 2003, it had a little over Rs 1,000 crore in assets and 19 AMCs were ahead of it. But soon after that the equation changed. It was the fastest growing fund house in 2004 and 2005. During these two years, it aggressively launched six equity funds, two debt funds and one MIP. The fund house as of now stands at No. 8 in terms of asset size. This fund house has a lot to offer by way of choice. And, it also has a number of well performing schemes. Tata Pure Equity, Tata Equity PE and Tata Infrastructure are all good funds. It also has quite a few good debt funds. The funds of Tata AMC are known to...
Read more

UTI Mutual Fund

Even though only a few of UTI’s funds are great performers, this public sector fund house has many advantages that its rivals do not. It has a huge base of retail equity investors and a vast distribution network. As a business, it looks stronger than ever, especially in the aftermath of credit crunch. UTI is, by a large margin, the most profitable fund company in the country. This is not surprising, since managing equity funds is more profitable than debt. Its conservative approach and stable parentage is likely to make it look more attractive to investors in times to come. UTI’s big problem is the dragging performance that many of its equity funds suffer from. In recent times, the management has made a concerted effort to improve performance. However, these moves have coincided with a disastrous phase in the stock markets and that has made it impossible to judge whether the overhaul will eventually be a success. UTI’s top performers are a few index funds, some hybrid funds and its inf...
Read more

Salary planning Article

1. The salary (basic + DA) should be low. The rest should come by way of such allowances on which the employer pays FBT and you don't pay any tax thereon. 2. Interest paid on housing loan is deductible u/s 24 up to Rs 1.5 lakh (Rs 150,000) on self-occupied property and without any limit on a commercial or rented house. 3. The repayment of housing loan from specified sources is also deductible irrespective of whether the house is self-occupied or given on rent within the overall ceiling of Rs 1 lakh of Sec. 80C. 4. Where the accommodation provided to the employee is taken on lease by the employer, the perk value is the actual amount of lease rental or 20 per cent of the salary, whichever is lower. Understandably, if the house belongs to a family member who is at a low or nil tax zone the family benefits. Yes, the maximum benefit accrues when the rent is over 20 per cent of the salary. 5. A chauffeur driven motor car provided by the employer has no perk value. True, the company would...
Read more

8 Investing Strategy

The stock market ‘meltdown’ witnessed since the start of 2005 (notwithstanding the recent marginal recovery) has once again brought to the forefront an inherent weakness existent in our markets. This is the fact that FIIs, indisputably and almost entirely, dominate the Indian stock market sentiments and consequently the market movements. In this article, we make an attempt to list down a few points that would aid an investor in mitigating the risks and curtailing the losses during times of volatility as large investors (read FIIs) enter and exit stocks. Read on Manage greed/fear: This is an important point, which every investor must keep in mind owing to its great influencing ability in equity investment decisions. This point simply means that in a bull run - control the greed factor, which could entice you, the investor, to compromise with your investment principles. By this we mean that while an investor could get lured into investing in penny and small-cap stocks owing to their eye-...
Read more

Debt Funds - Check The Expiry Date

This time we give you an insight into something that most debt fund investors would be unaware of, the Average Portfolio Maturity. As we all know, debt funds invest in bonds and securities. These instruments mature over a certain period of time, which is called maturity. The maturity is the length of time till the principal amount is returned to the security-holder or bond-holder. A debt fund invests in a number of such instruments and each of these instruments would be having different maturity times. Hence, the fund calculates a weighted average maturity, which would give a fair idea of the fund's maturity period. For example, if a fund owns three bonds of 2-year (Rs 30,000), 3-year (Rs 10,000) and 5-year (Rs 20,000) maturities, its weighted average maturity would be 3.17 years. What is the big deal about average maturity then, you may ask. Well, knowing a fund's average maturity is important because it tells you how sensitive a fund is to the change in interest rates. It is ...
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