Maintaining a financial structure that can support your lifestyle after retirement can be accomplished by setting aside a little portion of each month’s pay into a provident fund account. Equal contributions from the employer and employee are required for the EPF (Employees Provident Fund). 12% of the employee’s basic pay must be put into the employee provident fund account.
Even though the employer contributes the same amount, it is split into two portions. From these portions, 3.67% of the 12% paid by the employer go to the employee’s pension plan and the remaining 8.33% to their provident fund account. Your employer can help you access your EPF account, or you can do it on your own using the UAN number. In this post we will check out how to get uan number and every other information about UAN numbers.
What is a UAN Number?
Every employee who makes a contribution to the Employee Provident Fund (EPF) in India is given a Universal Account Number (UAN), a special 12-digit number. The UAN number is connected to the employee’s EPF account and is used to monitor and administer EPF withdrawals and contributions. This is the reason many people in India are looking for how to get uan number.
The UAN number is a beneficial tool for staff as it allows them to access and maintain their EPF account online, without the need to rely on their employer. Employees can update their personal information, move their EPF account, check their EPF balance, and withdraw their EPF funds by using their UAN number.
Why is UAN Number Important?
Employers and workers both should know their UAN numbers. Employers can manage their workers’ EPF accounts with the use of the UAN number. It simplifies the EPF contribution, transfer, and withdrawal procedure, making it quicker and less complicated. Also, employers can also monitor the EPF contributions made by their staff members and create a variety of reports on such contributions. Keep reading to know how to get uan number.
For employees, the UAN number provides them more authority over their EPF account. Individuals don’t need to rely on their employer because they can access and manage their EPF account online.
With their UAN number, employees may check their EPF balance, transfer their EPF account, change their personal information, and withdraw their EPF funds. This increases the transparency, effectiveness, and convenience of the overall EPF account management process. With all these important reasons people are getting more curious to know how to get uan number.
How to Get UAN Number?
If you are an employee who has made EPF contributions, you can follow the instructions below to know how to get uan number:
Step 1: Access the EPF Member Portal.
Visit the Employees’ Provident Fund Organization’s (EPFO) official website. Choose the website’s “For Employees” option.
Step 2: Click “Member UAN/Online Services”
Select “Member UAN/Online Services”.
Step 3: Choose “Know your UAN status”
Click the “Know your UAN status” link on the Member UAN/Online Services page.
Step 4: Enter the Required Info
This is step 4 of how to get uan number. You will be required to provide information such as your name, date of birth, mobile number, and email address on the next page. Click the “Get Authorization Pin” button after accurately entering the requested information.
Step 5: Confirm your Mobile Number.
On your mobile number, you will receive an authorization pin. After entering the pin in the appropriate field, press the “Submit” button.
Step 6: Get your UAN Number
You will receive your UAN number on both your mobile and email accounts if you have previously been assigned one. If not, a website where you may apply for a new UAN number will be displayed to you. Read below to know how to get uan number benefits and more.
How to register for a new UAN number?
In order to register for a new UAN (Universal Account Number), you must take the following steps:
Visit the EPFO (Employees’ Provident Fund Organisation) website and select the “Activate UAN” link on the home page.
Fill up the boxes with your UAN, mobile number, Member ID, or Aadhaar number. Be sure the information you input is correct and matches the data that your employer has.
Once you’re done inputting the data, click “Get Authorization Pin.” You will receive an OTP (one-time password) to the mobile number you registered.
After entering the OTP in the appropriate field, press the “Validate OTP and Activate UAN” button.
You will be prompted to choose a password for your UAN on a new page that will open. After entering a strong password, press the “Submit” button.
Once your UAN has been activated, you can access your account by entering your password and UAN. From there, you can change your personal information, check your EPF balance, and carry out other actions pertaining to your EPF account.
Note: Contact the EPFO customer care for help if you run into any problems throughout the registration procedure. To know the benefits alongside how to get uan number, read below.
Benefits of UAN number
Faster EPF Fund Withdrawal: Employees can withdraw their EPF funds online faster and more easily from their employer by using their UAN number. This helps to speed up, simplifies, and increases transparency throughout the process.
Automated Consolidation of EPF Accounts: If an employee has held EPF accounts with more than one employer, their UAN number allows automatic consolidation of those accounts. An employee can manage their EPF account more easily because the EPFO ties all of their EPF accounts to their UAN number. This is one of the main reasons people are mainly looking to know how to get uan number.
Easy Update of Personal Details: Employees can more easily update their personal information, such as name, address, and mobile number, with the help of their UAN number. They don’t need to go to the EPFO office because they can update their information online using their UAN number.
