EPF: What is Employee’s Provident Fund?
It is a social security initiative by Government of India. It acts as a saving scheme for the employees. The employee and the employer contribute an equal amount towards savings. It can be availed upon retirement or after switching jobs. This small contribution will help an employee. It will be used at older age or emergency situation.
The Employees’ Provident Fund Organisation has requested that nominations be added in EPF accounts. It is mandatory to add nominee to your EPF Account.
Account holders can add the nominee’s name and other data online at the EPFO’s official website. Here’s how to add a new nomination in your EPFO account online.
Because of adding Nominee for your PF account, you can access the more advantages from EPFO.
How to change e-Nomination?
If a member wants to change his nomination, He must file a new nomination and e-sign it. The e-signing of the new nomination will replace the previous nomination with the new one.
You can check your EPF’s account balance online.
Note: This procedure is only for UAN activated Users
Check Balance of EPF account by Missed Call
You can inquire about your EPF balance by giving a missed call from your registered mobile number.
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