UAN (Universal Account Number) is important as the entire process related to the Employee Provident Fund (EPF) services are now done online. EPFO members can easily perform functions like withdrawal, checking EPF balance, PF loan etc using the UAN number. Here we are discussing the basic services that can be claimed using the UAN and its advantages and benefits.
Universal Account Number or UAN
The Universal Account Number or UAN is a 12-digit extraordinary number doled out to each employee adding to the EPF. It is produced and allocated by the Employee Provident Fund Organization (EPFO) and verified by the Ministry of Labor and Employment, Government of India. The UAN of an employee stays as before for the duration of his life independent of the number of occupations he/she changes.
Each time an employee changes his/her job, EPFO allows another member a recognizable proof number of EPF Account (ID), which is later connected to the UAN. As an employee, one can place a solicitation for another member ID by presenting the UAN to the new employer. When the member ID is made, it gets connected to the UAN of the employee. Thus, the UAN will go about as an umbrella for the various member Ids distributed to the employee by various employers.
How to check your UAN?
Via Your Employer
For the most part, you are allocated a Universal Account Number by your employer according to the EPFO. A lot of employers print the UAN number in the salary/payslips as well.
Via the UAN Portal using PF number/member ID
In the event that you can't get your Universal Account Number from the employer, you can get it through the UAN gateway too. You need to follow the means underneath:
Stage 1: Go to the UAN Portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/
Stage 2: Click on the tab 'Know your UAN Status. The accompanying page will show up.
Stage 3: Select your state and EPFO office from the dropdown menu and enter your PF number/member ID alongside different subtleties like name, date of birth, portable no, and manual human test code. You can get the PF number/member ID from your compensation slip. Enter the tab 'Get Authorization Pin'.
Stage 4: You will get a PIN on your versatile number. Enter the PIN and snap on the 'Approve OTP and get UAN' button.
Stage 5: Your Universal Account Number(UAN) will be sent to the registered number with EPFO.
Features & Advantages of UAN
- The UAN assists with bringing together employee information in the country.
- Perhaps the main employment of this novel number is that it cuts down the weight of employee checks from organizations and employers by EPF associations.
- This record made it workable for EPFO to extricate the ledger subtleties and KYC of the member and KYC without the assistance of the employers.
- It is valuable for EPFO to follow different occupation switches of the employee.
- Unfavourable and early EPF withdrawals have decreased significantly with the presentation of UAN.
To employees
- Each new PF account with a new position will go under the umbrella of a solitary brought together record.
- It is simpler to pull out (completely or mostly) PF online with this number.
- The actual employees can move PF balance from old to new utilizing this one of a kind record number.
- Anytime you need a PF explanation (visa reason, credit security, and so on), you can download one immediately – either by signing in utilizing the member ID for UAN or by sending an SMS.
- There is no requirement for new employers to approve your profile if the UAN is as of now Aadhaar and KYC-checked.
- UAN guarantees that employers can't get to or retain the PF cash of their employees.
- It is simpler for employees to guarantee that his/her employer is consistently saving their commitment in the PF account.
Documents required to open UAN
If you have quite recently joined your first enrolled organization for employment, you need the accompanying reports to get your Unique Account Number.
Address proof: A recent registered bill in your name, rental/lease agreement of your current stay, ration card from your current stay or any of the ID proof mentioned above if it has your current address.
Identification proof: Any photo-affixed and identity cards like driving license, passport, voter ID, Aadhaar, and SSLC Book etc.
PAN card: Your PAN card number should be linked to the UAN.
Aadhaar card: Nowadays Aadhaar is linked to the bank account and mobile number, it is mandatory.
Bank account information such as account number, IFSC code, and branch name.
