Published By: Business Desk
Last Updated: February 20, 2024, 15:35 IST
The UAN stays fixed all through your profession, even should you change jobs over time.
This often occurs when an worker adjustments jobs and their new employer opens a brand new EPFO account.
When a working skilled adjustments jobs, the brand new employer opens a brand new Employees Provident Fund (EPF) account for the worker. All EPF accounts are related to a Universal Account Number (UAN).
The Employees’ Provident Fund Organisation (EPFO) supplies a singular 12-digit quantity referred to as the UAN. The UAN stays constant all through your profession; even should you change jobs over time, your UAN will stay the identical. By combining your entire older UANs with the latest, you may keep away from potential losses.
An worker could also be assigned a brand new UAN for a number of causes. If he/she modifies jobs with out offering his Member ID and UAN, the brand new employer might open a brand new UAN and EPF account. Alternatively, the previous employer might not embody the worker’s final day of labor on the Electronic Challan and Return (ECR).
Furthermore, UAN permits individuals to merge their a number of EPF accounts. Using the UAN, one can mix all of their EPF accounts into one. When registering an EPF account with a brand new employer, an EPF member ought to present their UAN. After the brand new EPF account is created, the funds from the outdated one might be transferred simply. If the brand new organisation creates a brand new UAN, you will need to merge your entire UANs right into a single UAN.
Universal Account Number: Steps On How To Merge Two Or More UAN
- Step 1: Go to the Member Sewa portal at https://unifiedportal-mem.epfindia.gov.in
- Step 2: On the homepage, search for and choose the ‘One member – One EPF Account (Transfer Request)’ hyperlink that’s beneath the ‘Online Services’ part.
- Step 3: The display screen will show your private data. It may also present the small print of your present employer’s EPF account, into which the switch from earlier accounts can be made.
- Step 4: To switch the outdated or earlier account, you will need to get it attested by both the earlier or present employer. An worker can select attestation by way of their present employer to expedite the switch course of. Then enter your earlier member ID, also referred to as your earlier PF account quantity or UAN. Choose ‘Get Details’. Subsequently, the following display screen will show details about your earlier EPF accounts.
- Step 5: Click the ‘Get OTP’ possibility. You will obtain a one-time password to your registered cellular quantity. Enter the OTP after which click on the submit button.
Following this, your request for EPF account mergers can be processed efficiently. Your present employer should approve the merger request you submit.
Once your employer approves, the EPFO will course of and merge your earlier and present EPF accounts. Remember to examine again on the portal for updates on the merger’s standing.