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New Delhi: Retirement fund frame Employees’ Provident Fund Organisation (EPFO) has issued notification referring to timeline for UAN Activation and AADHAAR seeding in Bank Account for ELI Scheme.
EPFO, has mentioned that UAN Activation and seeding Bank Account with AADHAAR for availing the advantages below ELI Scheme has been prolonged as much as 30 June 2025.
Three schemes for ‘Employment Linked Incentive’ have been introduced in Union Budget 2024-25 as a part of Prime Minister’s bundle of 5 schemes and tasks to facilitate employment, skilling and different alternatives for 4.1 crore formative years over a 5-year length with a central outlay of Rs. 2 lakh crore.
The ELI Scheme goals to create over 2 crore jobs within the nation in a length of 2 years. This will considerably give a contribution to expanding employment alternatives and adorning livelihood.
In the primary degree, employers are required to finish the method of UAN activation via Aadhaar-based OTP for all their workers becoming a member of within the present monetary yr by means of 30th November 2024, beginning with the most recent joinees. They will have to then whole the method for all workers operating with them.
UAN activation supplies workers with seamless get admission to to EPFO’s complete on-line products and services, enabling them to successfully arrange their Provident Fund (PF) accounts, view and obtain PF passbooks, put up on-line claims for withdrawals, advances, or transfers, replace non-public main points, and monitor claims in actual time. This lets in workers 24/7 get admission to to EPFO products and services from the relaxation in their properties, getting rid of the desire for bodily visits to EPFO places of work.
The activation procedure will also be finished the use of an Aadhaar-based OTP (One-Time Password). Employers must make certain that their workers turn on the UAN by means of following the stairs given underneath:
Go to EPFO Member Portal.
Click at the “Activate UAN” hyperlink below “Important Links”.
Enter UAN, Aadhaar quantity, identify, DOB, and Aadhaar-linked cellular quantity.
Employees must make sure that their cellular quantity is Aadhaar-linked to get admission to the total vary of EPFO’s virtual products and services
Agree to Aadhaar OTP verification.
Click “Get Authorization PIN” to obtain an OTP in your Aadhaar-linked cellular quantity.
Enter the OTP to finish the activation
A password shall be despatched for your registered cellular quantity upon a success activation.
In the second one degree, going ahead, UAN activation will come with the cutting-edge facility of Biometric authentication, via Face-recognition Technology.
