What is UAN Number Features and Benefits
UAN stands for Universal Account Number. The UAN will act as an umbrella for the multiple Member Ids allotted to an individual by different establishments. The idea is to link multiple Member Identification Numbers (Member Id) allotted to a single member under single Universal Account Number.
This will help the member to view details of all the Member Identification Numbers (Member Id) linked to it. If a member is already allotted Universal Account Number (UAN) then he / she is required to provide the same on joining new establishment to enable the employer to in-turn mark the new allotted Member Identification Number (Member Id) to the already allotted Universal Identification Number (UAN).
Members need to visit the UAN based Member Portal website i.e. http://uanmembers.epfoservices.in
Initially, member will have to activate his UAN by selecting a link given ‘ACTIVATE YOUR UAN’ on the Member Portal. Member should have UAN, Mobile and Member ID readily available to activate his/her UAN on the Member Portal. For further details, please select the hyperlink ‘User Manual for Member’
people can see below the details of
Features of Universal Account Number
Benefits of Universal Account Number (UAN) To the Employee
How EPFO Give Universal Account Number
Features of Universal Account Number
- An employee will get only one universal account number
- You will have same UAN in different jobs within the country
- Change jobs as much as you want the EPF will follow you. (Few of us get this chance )
- This number would be attached to your identity.
- The KYC documents would be used for authentication of the universal account number.
- The EPFO portal will issue the UAN. Employers will give these to the employees.
Benefits of Universal Account Number (UAN) To the Employee
- You can link all of your previous PF account at one place.
- EPF Transfer would become very easy. It can be done automatically.
- EPF balance from all of the account would be transferred automatically.
You can easily check and download your PF passbook any time.
- Employer could not blackmail you because of the EPF. He would not be able to withhold the PF of an employee.
- In future there would be no need of verification from the employer at the time of PF withdrawal or transfer.
- You can easily take loan from the PF account. The process would be online soon.
- You can update your personal details online.
- You will get monthly SMS update of PF contribution. You will get to know whether your company is depositing PF on time or not. There are many companies which delay in EPF contribution.
How EPFO Give Universal Account Number
There are two types of the EPFO to give the UAN
- For existing Employees
- For New Employees
The following are the Steps for Existing Employee:
Step-1: EPFO itself has allotted the universal account number of all the contributing members.
Step-2: Employers download these universal account numbers of its employees.
Step-3: EPFO has directed the employer to tell the new universal account number to every employee.
Step-4: Further employer would upload KYC details of the employee.
Step-5: An employee can also upload his KYC. Then employer needs to verify it.
The following are the Steps for New Employee:
Step-1: The employer submits the first PF contribution of new employees.
Step-2: These new members without UAN will be intimated to the employer through the OTCP
(Online transfer claim portal).
Step-3: The employer has to fill the details of these new employees in the OTCP. The employer would also fill UAN of the employee, if she has any.
Step-4: If the employee doesn’t have UAN previously, then the employer can generate the new UAN for him through the portal.
Step-5: If the employee has the UAN, then the employer has to verify it from the previous employment. The new employer can view the details of previous employment through the OTCP using UAN. After verification of personal detail the employer approves existing UAN for the employee.
Step-6: In the next step employer uploads the copy of KYC documents.
For Activation of UAN based Registration employee has to visit the ACTIVATE YOUR UAN BASEDREGESTRATION page, for new registration then fill the details like UAN Number , Mobile number State, office, then generate PIN , PIN number Will comes on Mobile
We conclude this the above description is the main Information of UAN – Universal Account Number, from the above information readers may aware of Universal Account Number Features and Benefits and how to create UAN for new employees / how to register for UAN for new employees, how it useful to the employees both Public Sector and private sector.
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Check Universal Account Number Status
How to link Aadhaar Number to EPFO and UAN
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