IndianMoney.com Research Team | Updated On Wednesday, January 16,2019, 03:05 PM
5.0 / 5 based on 2 User Reviews
Universal Account Number or UAN:
UAN stands for universal account number. It is a 12-digit number assigned to members of the employee provident fund organization or EPFO.
This facility enables the user link multiple EPF Accounts allotted by employers during the employment period. So, with the introduction of UAN, a user not only manages multiple PF accounts, but can also transfer and withdraw funds easily.
Want to know more on Investment Planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.
How to activate and login to the EPFO website using UAN?
To activate and login to the EPFO website, the user must have the UAN number and PF member ID. Follow the steps given below to activate and login to the EPFO account:
Visit the official EPFO portal
Go the EPFO homepage and select ‘For Employees’ listed under the ‘Our Services’ menu.
In the service section select ‘ member UAN/ Online Service’
The page will be redirected to the UAN portal.
You need to enter your UAN, PF member ID and mobile number.
Enter the security code and click on ‘Get Authorization Pin’ button.
An OTP will be generated and sent to your mobile number.
Click on ‘I Agree’ on the disclaimer checkbox, enter the OTP received and click on ‘Validate OTP and Activate UAN’.
On activating the UAN, you receive a password on your registered mobile number.
You can use this password to access your account.
Documents required to open UAN account:
With the introduction of universal account number, an employee can assemble all his PF accounts associated with multiple IDs of different organizations at one place. So to open the UAN account, the employee must submit some documents which are as follows:
Banks details: Account number, branch name and IFSC code.
How UAN has made it Easy to Withdraw/Transfer Funds?
Follow the below mentioned steps to withdraw or transfer funds from your PF accounts:
Link all the PF accounts together using your UAN.
Give UAN to your current employer and the employer will verify using KYC verification. Thereafter, you can manage your PF accounts online.
You will receive monthly SMS alerts whenever a PF contribution is made by the employer.
You can easily transfer funds or withdraw funds without the intervention of your employer.
Online UAN Allotment Process:
Listed below are some important points that you need to keep in mind while using UAN:
The UAN is a 12 digit number allotted to all members by the EPFO.
The UAN details must be downloaded and shared with the employer.
The EPFO facilitates the checking of UAN allotment through the EPFO web portal.
How to Transfer EPF Accounts using UAN?
In order to transfer PF accounts online, the employee must register himself on the EPFO portal. Follow the steps given below to transfer EPF accounts online using UAN:
Log on to the EPF portal and select the option ‘transfer your account’
There are three parts in the form. Fill all the three parts in the form.
Select the attesting authority and enter member ID/UAN
Click on ‘Get OTP’
Enter the OTP you have received to continue the process.
You May Also Watch:
Keep your Financial Cognizance up to date with IndianMoney App. Download NOW for simple tips & solutions for your financial wellbeing.
Have a complaint against any company? IndianMoney.com's complaint portal Iamcheated.com can help you resolve the issue. Just visit IamCheated.com and lodge your complaint. If you want to post a review on any company you can post it on Indianmoney.com review and complaint portal IamCheated.com.
Get weekly tips on how to Save, Spend, Borrow, Invest Money wisely.
Be the first one to know the new things happening in the world of Finance.
Our free articles and tips will help you become a Financial Wizard.
IndianMoney.com Research Team
The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.