It was not too long ago introduced that the Employees’ Provident Fund Organisation (EPFO) members can file their nomination for PF, pension (EPS) and insurance coverage (EDLI) advantages online. In case of any question or confusion, you may log in to the official website of EPFO, epf.gov.in.
In case you are questioning easy methods to file the e-nomination? We’ve got obtained it lined for you, observe these easy steps –
Step 1: Open any internet browser and enter the official EPFO website or click at epfindia.gov.in.
Step 2: From the options available, tap on ‘ Service’
Step 3: A new set of options will appear, and you have to choose the one reading – ‘For Employees’
Step 4: Click on ‘Member UAN/ Online Service (OCS/OTP)
Step 5: Log in with the UAN and password
Step 6: Under the ‘Manage Tab’ click on the option reading ‘E-nomination’
Step 7: A tab reading – ‘Provide Details’ will appear on your screen, click on ‘Save’
Step 8: Tap on the ‘Yes’ option to update the family declaration
Step 9: Click on ‘Add Family Details’ and fill in the required information. Note that you can add more than one nominee.
Step 10: Now, click ‘Nomination Details’ to declare the total amount of share. Once done, click on ‘Save EPF Nomination’
Step 11: Select ‘E-sign’ to generate OTP which will appear on the mobile number linked to you’re your Aadhaar.
Note that after this, your re-nomination will be registered with EPFO. You are not required to send any documents to the employer or ex-employer. If any EPFO member is still facing any queries, they can log in to the official website at epfindia.gov.in.
There are several benefits of the EPF scheme, which include accumulation plus interest upon retirement, resignation, or death along with partial withdrawals for specific expenses like house construction, marriage, illness, higher education, and others. As far as benefits of EPF are concerned, they include monthly benefits for superannuation/ retirement, widow, surviving an accident or natural calamity, disability, and others.
The EPFO will prone to credit score the curiosity on provident fund deposits for the monetary 12 months 2020-21 quickly. Over 6 crore staff will get the profit by the top of this month, forward of Diwali, in line with experiences. The retirement physique stored the rate of interest unchanged on the provident fund deposits at 8.5 percent for the monetary 12 months 2020-21. The choice was taken within the view of extra withdrawals and fewer contributions by the members throughout the COVID-19 pandemic.
