The Employees’ Provident Fund Organization or EPFO has issued an important notice for its account holders. Now EPFO has made e-nomination mandatory for its account holders. According to this information, account holders who were able to see their PF passbook and balance comfortably without e-nomination till now, they will not be able to see PF passbook without e-nomination.
Let us tell you that for e-nomination in the EPF account, the account holder has to take some simple steps. For this, the account holder has to first tell the name of his nominee, his address and relationship with the account holder. Along with this, the account holder has to give information about the date of birth of the nominee and what percentage of the money deposited in the PF account is to be given to him. It is to be noted that if the nominee is a minor, then the name and address of his guardian has to be given. Signature or thumb impression of the nominee is required.
If we talk about e-nomination and nominee then nomination is necessary in case of any savings scheme account. After the death of the account holder, the money reaches that nominee by giving the information of the nominee. Nomination should also be done in the case of EPF and Employee Pension Scheme so that after the untimely death of the EPFO member, the nominee gets this fund in time.
How to do e-nomination
If you also have a PF account and you also want to do e-nomination, then for this you have to first login to the EPF member portal by entering UAN and password. After this, the account holder has to go to the manage section and click on the e-nomination option. Then enter the permanent and temporary address in the profile and click on the ‘Save’ button. Also, whether you are a family member or not, you also have to choose. After this, the members from the family have to fill the Aadhaar number, name, date of birth, gender, address, in case the nominee is a minor, fill the details of the guardian and select Save Family Details. Let us tell you that you can also add more than one nominee in your account. Not only this, you can give information about how much amount you want to allocate to which nominee. After giving all the necessary information, enter the virtual ID of the Aadhaar and click on ‘Verify’. Enter Aadhaar Number or Aadhaar Virtual ID and click on ‘Get OTP’. After this OTP will come on the mobile number linked to Aadhaar. After submitting which the process of nomination in EPFO will be completed. The biggest thing is that after doing this, there will be no need to give physical documents.