Advice

Who is a member of Employee Provident Fund?

Who is a member of Employee Provident Fund?

Employees drawing less than Rs 15,000 a month have to mandatorily become members of the EPF. However, an employee who is drawing ‘pay’ above prescribed limit (currently Rs 15,000) can become a member with permission of Assistant PF Commissioner, if he and his employer agree.

Can an individual apply for EPF?

A provident fund account can be opened only by the employer on behalf of the employee in India. It is mandatory for an employer to open a employee provident fund account (EPF). But no individual can open a Provident fund account in his or her name at will.

How do I know if I am a member of EPF?

Members registered on the UAN portal may get their details available with EPFO by giving a missed call at 011-22901406 from their registered mobile number.

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What is the minimum age required for EPFO?

30 years of age
UPSC EPFO Age Limit – The Union Public Service Commission states that, aspirants desiring to sit for the EPFO exam, need to be under 30 years of age.

Who are excluded employee under provident fund?

Thus, to be covered under the expression “excluded employee”, the employee must be such who was a member of the Fund established under the Scheme of 1952 and who had withdrawn full amount of his accumulations in the said Fund on retirement from service after attaining the age of 55 years.

Can employee deposit in EPF account?

Only such employees earning up to Rs. 15,000 are eligible to be covered under the PF Act and can make contribution. Both employer and employee who are not mandated by PF Act, can voluntarily register and contribute for PF.

Can I have EPF and PPF?

For salaried professionals, both PPF and PF/EPF are considered the best options to save for the future or for the post-retirement phase. By investing in EPF or PPF, the contributor can get tax benefits along with getting competitive interest rates, minimum deposit value and more.

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How can apply for EPF?

Step 1: Log in to the UAN Member e-Sewa portal. Step 2: Select the ‘Online Services’ tab and click on the ‘Claim (Form-31, 19 & 10C)’ option. Step 3: Member details will be displayed. Enter your bank account number registered with EPF and click ‘Verify’.

How can EPFO’s unified portal help employees?

EPFO Unified Portal Online services EPFO assures members of quality services thus creating strong bond improving the employee’s trust. Introduction of the online services thus reducing the congestion at the EPFO offices. They offer the best online services which are simplified to suit all categories in the workforce.

How to generate Uan using Aadhaar?

How To Generate UAN Online With Aadhaar Card? Go to the EPFO portal and on the login screen towards the bottom right corner click on the tab for “Online Aadhaar Verified UAN Allotment”. In the new window you will be asked to enter your aadhaar Id, provide the details and click on generate OTP tab. The EPFO portal will send one-time password to the mobile number registered with your aadhaar.

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How do I Check my PF balance?

Employees can check the balance in their PF account by downloading the EPF passbook either on the EPFO member portal or on the UAN portal. The passbook displays the contribution of both the employee and the employer.

How to know or get your UAN number?

Universal Account Number (UAN number) remains the same for an employee throughout his life. Go to the UAN Portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/ Then click on the tab ‘Know your UAN Status. On the next page choose your state and EPFO office from the dropdown menu. Next enter your PF number/member ID along with your details like name, date of birth, mobile no, and captcha code.

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