Under this facility, subscribers of the Employees' Provident Fund Organisation (EPFO) can merge as many as 10 previous accounts with their UAN at one go.
Currently, the EPFO subscribers are required to file separate transfer claims online using UAN on the EPFO's UAN portal. But to avail of the facility, they are required to activate their UAN that is seeded with bank accounts and other details such as Aadhaar and PAN.
Those subscribers without UAN activation can also do so online through the transfer claim portal facility of the EPFO.
A senior official said the EPFO has made it easy with this facility with an objective of having "one employee, one EPF account".
The EPFO, according to the official, has already issued direction to its over 120 offices earlier this week to use this service and ensure multiple accounts are consolidated as early as possible.
The subscribers will have to provide their current activated UAN, member ID (identification) and mobile number registered at the UAN portal.
After validating credentials of the members, the EPFO would allow them to register their previous EPF account numbers for consolidation with the current UAN.
The facility can be accessed on the EPFO website at the 'Employees' Corner'.
SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds
For more 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