PF Account Alert: Do this work soon, otherwise you will not be able to withdraw money from PF account, you will not get a chance later
Newz Fast, New Delhi: PF has made nomination necessary for its account holders and their family members to avail pension insurance and other facilities.
EPFO has made it mandatory for all PF account holders to add a nominee. Let us know that a part of the salary of employed people is deposited in the Employee Provident Fund Organization Fund.
This money is meant to protect the future of account holders and their customers. Employed people can withdraw money from PF account if needed.
PF has made nomination necessary for its account holders and their family members to avail pension insurance and other facilities.
If the PF account holders do not do e-nomination, their family members will not get the benefit of the facilities provided by EPFO.
There will be trouble
If you have not done the innovation then do it soon because if you do not do it then you will not get the benefit of other facilities including insurance and pension although EPFO is running campaign for this nomination.
Nominee can be changed
At present EPFO is continuously asking its members to add nominees under nomination however it is not that once the nominee is added it cannot be changed you can change the nominee as many times as you want.
If you do not nominate, it will be difficult to withdraw money from the PF account.
If you have not added for 9 months then money can be withdrawn only from medical advance. EPF nominee can stop withdrawing money in cases of non-advance.
Although money can be withdrawn from the PF account only in case of emergency medical needs, account holders for work in the kitchen will not be able to withdraw money from the PF account.
Enter the nominee's name like this
- First open the official website of EPFO. Now go to Service tab and select 'For Employees' option.
-Then click on Member UAN/Online Service.
- Then you have to log in with the help of UAN (UAN) and password (Password).
-Go to the Manage Section and click on the link E-Nomination.
-Now submit the nominee's name, photo and other information. Then click on the save button.- Click on 'Yes' to save the family information.
Click on Add New Button to add more than one nominee.
-Click on nomination details and select the share of all nominees. After this click on 'Save EPF Nomination'.
- Now click on 'e-sign' to generate OTP. OTP will be sent to Aadhaar linked mobile number, submit it.