There is essential news for the Employees’ Provident Fund Organization (EPFO) users. Those who have not yet done e-nomination in their EPF account must complete this work by 31 December. Otherwise, they will be deprived of many facilities.
Under the Employees’ Deposit Linked Insurance Scheme, 1976 (EDLI), the entire EPF account benefit of Rs 7 lakh is given as free insurance. If the member dies without any nomination, it becomes difficult to process the claim.
EPFO has now made it mandatory for all PF account holders to add a nominee. This effort is to provide security to the dependents of the PF account holders. If something happens to the PF account holders, keeping the dependents as a nominee protects them like insurance and pension.
Here’s how you can file e-nomination on EPFO
STEP1: You have to first go to the official website of EPFO https://www.epfindia.gov.in/.
STEP2: Now click on the ‘Services’ option.
STEP3: Click on the ‘For Employees’ option.
STEP4: You will see an option of ‘Member UAN/Online Service (OCS/OTCP).’ Click on it
STEP5: Log in via entering UAN and Password
STEP6: Select ‘e-Nomination’ in the ‘Manage’ tab.
STEP7: The ‘Provide Details’ tab will appear on the screen. Click on ‘Save.’
STEP8: Click on ‘Yes’ to update the family declaration.
STEP9: Now click on ‘Add Family Details.’ More than one nominee can also be added.
STEP10: Click on ‘Nomination Details’ to declare how much amount will come in the nominee’s share. ‘Save’ after entering the details.
STEP11: Click on ‘EPF Nomination.’
STEP12: Click on ‘e-Sign’ to generate OTP.
STEP13: OTP will be sent to the mobile number linked with Aadhaar.
STEP14: Enter the OTP in the specified space and click on submit.