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FinanceLane
Home News Feed Advisory

EPF e-nomination: 3 benefits of filing e-nomination

FinanceLanebyFinanceLane
April 28, 2022
in Advisory, Investments, News Feed, Savings, Tax Planning, Wealth
Reading Time: 2 mins read

Employees’ Provident Fund Organisation (EPFO) members should make sure to file their nomination to avail various benefits. EPF members can also make changes to their nominations online. An EPF member does not need to request this from their employer; instead, they can update their EPF nominations online through the EPFO UAN portal.

Here are three three benefits of filing an e-nomination in one’s EPF account, according an EPFO tweet:

1. Online claim settlement upon the death of member

2. Online payment of PF, Pension and Insurance (upto Rs 7 lakh) to eligible nominees

3. Paperless and speedy claim settlement

In order to receive Provident Fund (PF), Pension (EPS), and Insurance (EDLI) benefits, nomination should be done in one’s EPF account.

File your e-nomination today to get Provident Fund (PF), Pension (EPS) & Insurance (EDLI) benefit online.भविष्य… https://t.co/OZ0Zk8pihO

— EPFO (@socialepfo) 1651076593000

How to file e-nomination for EPF/EPS digitally

Step 1: Visit the official EPFO website at epfindia.gov.in

Step 2: Login with UAN and password

Step 3: Select ‘E-nomination’ under ‘ Manage Tab’

Step 4: Next ‘Provide Details’ tab and one has to click on ‘Save’

Step 5: Click ‘Yes’ to update family declaration. Enter all the details such as

a) Aadhaar

b) Name

c) Date of birth

d) Gender

e) Relation

f) Address

g) Bank account details (Optional)

h) Guardian

i) Photo. Remember the photograph size cannot exceed 100 KB.

Step 6: Click ‘Add Family Details’.

Note that more than one nominee can be added

Step 7: Click ‘Nomination Details’ and click on ‘Save EPF Nomination’

Step 8: To generate an OTP, click ‘E-sign’ and send it to the Aadhaar-linked mobile number.

Members should file e-Nomination today to provide #SocialSecurity to their families. Follow these easy steps to fil… https://t.co/iiyfDjFtgf

— EPFO (@socialepfo) 1651042996000

Source Link

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