UAN (Universal Account Number) is a unique 12-digit number for EPF members, linking multiple EPF accounts for easy tracking, transfer of funds, and access to EPF services. Read to know more.
UAN (Universal Account Number) is a unique 12-digit number that is assigned to every member of the Employees’ Provident Fund (EPF) by the Employees’ Provident Fund Organisation (EPFO). It serves as an identifier for all a person’s provident fund (PF) accounts, thereby eliminating the need for multiple PF account numbers. This article will discuss everything you need to know about UAN, its importance, and the UAN activation.
What is UAN?
The UAN is a unique identifier that links an individual’s EPF accounts under a single number. This means that an individual can have multiple EPF accounts due to changing jobs or moving from one place to another, but all the accounts will be linked under one UAN number.
UAN activation process involves in providing personal and employment details, verifying them via OTP and email, and logging in to access EPF services online. Once the UAN is activated, members can access various EPF services such as checking their EPF balance, downloading their EPF passbook, and processing claims online.
UAN activation is an important step for EPF members as it enables them to easily manage their EPF accounts and keep track of their EPF savings. By linking all their EPF accounts under one number, members can also easily transfer funds between EPF accounts and consolidate their EPF balances.
How to Activate UAN?
Below given are the steps for Activate UAN Number:
- The first step towards UAN activation is to obtain the number from your current or previous employer
- Once you have the UAN, you must visit the official website – https://unifiedportal-mem.epfindia.gov.in/memberinterface
- And click on the ‘Activate UAN’ button
3. Next, you must provide your personal and employment details, such as your name, date of birth, mobile number, and KYC (Know Your Customer) documents, such as your PAN card and Aadhaar card
4. After submitting the required information, you will receive an OTP (One-Time Password) on your registered mobile number. Enter the OTP in the provided field and click on ‘Verify’
5. Once the verification is complete, you will receive an activation link on your registered email address. Click on the link for UAN activation.
6. After activation, you can log in to your UAN account and access all the services offered by EPFO.
Important Points on UAN Activation Process
- Ensure that the personal and employment details provided during the UAN activation are correct and up-to-date
- Make sure to keep a copy of all the KYC documents handy before starting the activation process
- The mobile number and email address provided during the activation process must be in active use and accessible
- If you have multiple EPF accounts, linking them to your UAN before activating them is advisable.
Documents Required for UAN Activation
Below given are the documents required during UAN number activate process:
- Aadhaar card
- PAN card
- Address Proof
- Bank account details
- Employment of KYC
- Employment of EPF Membership.
Benefits of UAN Registration
Easy Tracking of EPF Accounts: UAN helps members keep track of all their EPF accounts under one number, eliminating the need to remember multiple account numbers.
Seamless Transfer of Funds: UAN enables easy transfer of funds from one EPF account to another without the need for lengthy paperwork and delays.
One-Time Activation: Once the UAN activates, it remains valid throughout the individual’s working life, regardless of the number of times they change jobs.
Access to EPF Services Online: Members can access various EPF services online through their UAN account, such as checking their EPF balance, downloading their EPF passbook, and more.
Easy Consolidation of EPF Balances: UAN makes it easier for members to consolidate their EPF balances from multiple accounts into one account, giving them a clear picture of their savings.
Easy Claim Processing: With UAN, members can easily process their EPF claims online, reducing the time and effort required to complete the UAN activation.
Improved Transparency: UAN ensures improved transparency and accountability in the EPF system, as all transactions and balances are recorded under one number.
How UAN Can Help You?
The Universal Account Number (UAN) is a unique 12-digit number provided by the Employees’ Provident Fund Organization (EPFO) to every employee covered under the Employees’ Provident Fund (EPF) scheme. Here’s how UAN can help you:
Consolidation of Multiple EPF Accounts: If you change jobs, your new EPF account can be linked to the same UAN. This helps in consolidating all your EPF accounts under one UAN, making it easier to manage your provident fund savings.
Easy Access to PF Information: With UAN, you can access your EPF account details online, including your account balance, contributions, and interest earned. This provides transparency and allows you to keep track of your retirement savings.
Online Transfer and Withdrawal: UAN enables you to initiate the transfer of your PF balance from one employer to another electronically, without the need for physical paperwork. You can also apply for PF withdrawal online through the UAN portal.
Swift EPF Claim Settlement: UAN streamlines the process of PF claim settlement. It allows for faster processing of claims, reducing the time it takes to receive your provident fund withdrawal or transfer.
SMS Services: EPFO sends regular SMS alerts to UAN-registered mobile numbers regarding contributions, withdrawals, and other important updates related to your EPF account.
KYC Verification: You can link your Aadhar, PAN, and bank account details with your UAN for KYC verification, which is essential for various EPF transactions.
How to Link Aadhar to UAN?
To link your Aadhar to your UAN, follow these steps:
- Visit the EPFO’s Unified Member Portal.
- Log in using your UAN and password.
- Under the ‘Manage’ section, select ‘KYC.’
- Here, you can link your Aadhar by providing your Aadhar number and the name as per your Aadhar card.
- Click on the ‘Save’ button to submit the details.
After verification, your Aadhar will be linked to your UAN.
What is the Significance of UAN?
The significance of UAN lies in its ability to streamline and simplify the management of your EPF accounts. It offers the following benefits:
Portability: UAN allows you to link multiple EPF accounts together, making it easy to transfer funds when you change jobs.
Transparency: You can access your EPF account details online, providing transparency in your retirement savings.
Ease of Withdrawal: UAN simplifies the process of PF withdrawal, allowing you to apply online.
Swift Processing: Claims and transfers are processed faster when UAN is linked to your EPF account.
KYC Verification: UAN facilitates the verification of your KYC details, which is essential for various EPF transactions.
Reduced Paperwork: UAN reduces the need for physical paperwork, making EPF transactions more efficient.
FAQs regarding How to Activate UAN Number:
Are there any fees associated with UAN activation?
No, there are no fees associated with UAN activation.
How long does it take for UAN activation to be completed?
The UAN activation process can be completed instantly. Once the OTP is entered the UAN is activated.
Can I link multiple EPF (Employee Provident Fund) accounts to one UAN?
Yes, you can link multiple EPF accounts to one UAN. This allows you to view all your EPF information from a single point, eliminating the need to remember multiple account numbers.
What benefits do I gain from having an activated UAN?
Having an activated UAN offers several benefits, including access to all EPF information in a single platform, ease of online contributions to your EPF account, SMS alerts for transactions, and the ability to file online transfer claims.
Conclusion
UAN is a unique identifier that allows individuals to track their EPF accounts and access various EPF services. The activation process is straightforward and can be completed online. Keeping the important points mentioned above in mind enables individuals to ensure a seamless activation process. UAN activation process involves providing personal and employment details, verifying them via OTP and email, and logging in to access EPF services.
To Activate UAN is an important step for EPF members as it provides them with greater control and transparency over their EPF savings. By consolidating all their EPF accounts under one number, members can keep track of their EPF balances, monitor the growth of their savings, and access various EPF services online. In short, UAN and activation are important for EPF members as they provide a simple and convenient way to manage their EPF accounts and ensure a secure future.
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