North India Statesman
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Important update from EPFO: The Employees Provident Fund Organization (EPFO) has extended the last date to activate the UAN (Universal Account Number) and link the Aadhaar number to the bank account to 30 June 2025. This is an important expansion for both employers and employees who have not yet completed this process. Earlier this time limit was short, but EPFO has extended it in view of the challenges faced in the process.
This expansion is mainly given by EPFO members to complete various formalities related to KYC, in which it is mandatory to link their Aadhaar number to the bank account. There are many advantages to link Aadhaar to UAN, including ease of withdrawing PF amount, facility to get pension and benefit of government schemes directly in the bank account. EPFO wants all its members to be digitally empowered so that they can use online services better.
If you do not complete this process for this period, you may face the following problems:
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PF withdrawal problem: If there is no Aadhaar link, you will not be able to withdraw money from your provident fund (PF) account.
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Pension payment delay: Members whose pension is operational may be interrupted in getting pension.
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Employer’s contribution affected: If there is no Aadhaar link, employers may have difficulty in depositing their monthly contribution in EPF accounts of employees.
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Other EPFO deprived of services: Many online EPFO services may also face trouble.
All EPFO members should use this extended time limit so that they can update their KYC information and take advantage of all services of EPFO without any obstruction. Both employers and employees have to ensure that they complete this important process before the last date of 30 June 2025.
