PF Balance

Transfer PF instead of closing and opening a new one?

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We are no longer living in those days when we used to work for a single company until retirement age. With the different job opportunities especially in the private sector, we keep moving from one company to the other in such of greener pastures and better experiences. At the same time, we keep shifting from one city to the other.

While it becomes a bit tedious to get released from one work place to the next due to the paperwork involved, it is very important to always remember the contributions of your benefit package. Although this is a mandatory contribution by any employee, it is always your right to enjoy the fruits of your sacrifice. The best thing is that you don’t need to withdraw your Provident Funds contributions simply because you are changing employers. All you need is to follow the right procedure and your funds will be transferred to the new employer’s account.

Why is it necessary to transfer PF instead of closing and opening a new one?

When changing an employer and joining a new one, an employee always has an option of closing their old Provident Fund account and opening a new one, it is advisable to take your time before making that decision. It is more advisable to Transfer PF amount of your old PF account funds to a new one. In the past, the transfer involved a lot of paperwork and so, people preferred closing their old account by withdrawing all their savings and opening a new one. However, things have now been made easier with the new Employees Provident Fund Organization portal as you can do all this at the comfort of your house.

There are very many advantages of transfer pf account savings instead of opening a new one every time you change an employer. Below are the main advantages:

  • If you decide to close your account before five years have elapsed, your savings is taxed. However, if you decide to simply transfer the funds, there are no hidden charges involved and you will enjoy all your contribution and the interest in full when time for retirement comes.
  • You avail partial withdrawal on your Provident Funds in case of an emergency. If your account runs for more than five years, it will be possible to withdraw partial amount for purchasing or constructing a house, for marriage or even for paying medical bills.
  • Your savings earn the prevailing interest rate from the Employees Provident Funds Organization. If you continue with your contribution for a long period of time, this eventually becomes a substantial amount of money.

Print your updated EPF Passbook and Uan Card in pasbook.epfindia.gov.in

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How to Download or print your updated UAN / EPF Passbook anytime and how to print your Uan Card at passbook.epfindia.gov.in website…..
Technology has made life easy for everyone. It is for this reason that the Employees Provident Fund Organization has decided to make it easier for its members to access their services from the comfort of their house. All you need is fast internet and having all your details in place and you will be able to get any details or documents from the EPFO portal with just a few clicks.

Although this process might seem a challenge for people who are not computer literate, it is the best option for many members. At the same time, this process helps members to monitor the status of their accounts and download several documents that might be of great use to them. Some of the documents you can be able to download from this website with ease is an updated EPF Passbook and the UAN Card.

The process of downloading these two documents involves very few steps and will take very few minutes as long as you follow the right procedure. However, before we list down the step by step procedure of downloading UAN Card, it is important to define what it is and what it entails.

epf passbook
epf passbook

What is an UAN Card and what does it entail?

The UAN Card is a document issued by the Employees Provident Fund Organization and it contains important details of an employee or EPF Member. This card is very important for a number of reasons most importantly being; it is the one your new employee uses to link your new account with the old incase you switch jobs.

A Universal Account Number card entails personal details of the employee. Below are some of the details you’ll find in any UAN Card.

  1. UAN: The Universal Account Number of the Employee is one of the most important details you’ll find listed on the UAN Card (it is mentioned in red). This number is normally printed on both the front and back side of the card.
  2. Name of the Employee: The next important information you’ll find printed on the UAN Card is the employee’s full names. This will appear as it was filled by the employee on the EPF Form during registration.
  3. Father’s Name or Husband’s Name: The employee’s father’s name is also included on the UAN Card. However, if the employee is a lady and she is married, her husband’s name is included to replace the dad’s name.
  4. KYC: Since the KYC documents are so many, they will not be listed on the card. However, a “Yes” is mentioned to confirm the employee has submitted all the necessary KYC documents and they have been approved. However, if they are not approved, a “NO” will appear on the card.
  5. QR Code: On the reverse or back side of the card, you will find a QR code indicated. This QR code is of great importance as it can be scanned to reveal the details of your UAN Card. This QR card is also used to prove the authenticity of your UAN Card.
  6. Date Stamp: The date on which the employee will download the UAN Card is also indicated on the card.

With the above information in place it is now easy to describe the step by step procedure followed in downloading your UAN Card. This has been made easy and convenient and all you need to do is follow the following steps:

  1. Login to your EPF account. This is done visiting the Member e-sewa portal http://unifiedportal-mem.epfindia.gov.in/memberinterface/ . Ensure you login using your UAN and password. Once you enter your UAN and Password, you’ll be expected to correctly fill-in the provided Captcha code before signing in.
  2. Once you’ve correctly signed-in, click on the “UAN Card” tab under “View” section.
  3. Your UAN card will automatically appear on the screen once you click this option.
  4. The fourth and the last step is downloading or printing your card directly according to your personal preference.

Step by step procedure of downloading or printing your updated EPF Passbook anytime

  1. The first step is visiting the EPF UAN official portal and logging-in using your UAN number and password.
  2. Once you have successfully logged in, the next step is clicking on the view EPF passbook. This will direct you to another website.
  3. Click on the link provided and you will be able to view your EPF Passbook.
  4. Select the ‘View Passbook”. You will be able to view your passbook with all the necessary details in place.
  5. Once this is done, you will be requested to either download or print UAN passbook. Once you click print, the EPF Passbook will be printed automatically if you have a printer connected to your PC. However, if you don’t have a working printer you can opt to just download and save it in your PC.

EPFO UAN Status Check at unifiedportal-mem.epfindia.gov.in

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Registration Procedure for EPF Universal Account Number and How to check the EPFO UAN Status at unifiedportal-mem.epfindia.gov.in…..
Universal Account Number or UAN is a 12 digit unique number allotted to every member of Employee Provident Fund (EPF). UAN allows its holder to control EPF account. The Ministry of Labour and Employment, Government of India is responsible for issuing UAN numbers in India. A UAN assists its holder to maintain multiple PF accounts if he or she leaves an organization and joins a new one. In this post we will discuss about on EPFO UAN Registration and EPF UAN Status check procedure.

What is the purpose of UAN?

The purpose of UAN is to maintain a centralized hub for storing employees data. Further, It helps employees to be independent of Employee Provident Fund Organization for their verification. An employee can link his or hers PF account with UAN allowing to withdraw PF balance without any hassle.

A UAN also enlightens its holders with benefits of Provident Fund account such as Employee Pension Scheme, EPF for help at Special Occasions, Medical Emergency, Personal Goals, and Insurance Benefits.

How to register for Universal Account Number (UAN)

To register for UAN, an employee needs to submit KYC documents to EPFO (Employees’ Provident Fund Organization) along with address proof. The KYC documents are

  1. PAN card, Aadhaar or Passport as an identity proof
  2. Ration Card, Driving license, passport or voter ID as an address proof
  3. Employee’s Bank account number, name, and IFSC code

After successful verification of KYC documents, an employee has to register on UAN’s official website. The employee needs to submit the Mobile number, Member ID provided by the new employer, and UAN number offered by the employer. An OPT pin will be sent to the registered mobile number to enter the date of birth, and personal details of employee.

Employees are encouraged to set a permanent password to authenticate while trying to access their updated EPF passbook.

What is a standard procedure to check EPF UAN status at unifiedportal-mem.epfindia.gov.in?

To check UAN status online, you need to have a UAN registered. The UAN is allocated for employees in service or started working between 1st January 2014 to 30th June 2014. If you were one among those employees, then getting your UAN is a piece of cake.

epf uan status

  • To check your EPFO UAN status online, you have to visit the official website of EPFO or Employee’s Provident Fund Organization working under Ministry of Labor and Employment, Government of India
  • The website link is https://unifiedportal-mem.epfindia.gov.in/.
  • On the official website of EPFO, a note for every EPF member is provided which has general information of PF benefits and UAN.
  • On the right side, employees can log into their PF passbooks by authenticating their UAN number and password.
  • To check universal account number, an employee can look upon ‘Important links’ at the bottom of the page. “Know your UAN Status” link opens a new webpage where an employee can know universal account status by authenticating mentioned fields on the webpage.
  • While providing a KYC document details on a status web page, an employee can either enter Organization’s member ID along with state, office, other details, Aadhaar card and PAN card.
  • It is not necessary to enter all the document details for EPF UAN status
  • The employee has to enter his name in the name box. It is a mandatory field and employee needs to enter the authentic name as per Aadhar card
  • Another mandatory field to enter is the date of birth of an employee
  • If an employee has provided an email ID, then it is mandatory to enter the registered Email address for EPFO UAN status check
  • The captcha field makes sure that EPFO UAN status check was raised by an employee, but not a bot.