UAN: UAN Number Features Benefits and Advantages

Universal Account Number (UAN) is your twelve-digit number allocated to every member of their EPF (Employee Provident Fund) that helps to control most of their employee provident fund balances. The universal account number associates with the employee and join all their provident fund accounts across the associations. If the person changes his or her current occupation, then he or she receives new provident fund account with the organization. This is the main reason for multiple provident account number allocated to the workers.

Multiple provident account numbers would be the concerned area since most of the workers account grievances that associated with withdrawal or transfer of provident fund number. To overcome this problem and make the PF account management easier, the UAN concept introduced. The universal account number is your single account number that could connect multiple numbers of ID associated with the identical employee. With the support of UAN, worker connects all their provident fund accounts in order to make the transfer and withdrawal process of PF money simpler.

The most important intention of the universal account number is to keep up the centralization of all employees' data and reduce the need of EPFO (Employee Provident Fund Organization) on companies for the employee verification purpose. Now, EPFO confirmed the identity of the members through the information provided by the companies. To present the UAN, the rear account and KYC details linked so that employee's information verified and accounts established. Universal account number also helps to track the changes in the job for every employee. If an employee changes his or her job, then he or she need to provide the UAN number to his or her employer to link the UAN with new provident fund accounts. By using this manner, EPFO upgraded all sorts of the information such as where the person works now. When people switch jobs, UAN also stops them creating unnecessary provident withdrawals. Get to know about UAN advantanges, features in this article.

Advantages of this UAN:

Here are the most outstanding advantages of the universal account number (UAN).

• Employees join all his or her provident account to a single UAN account.
• Using the UAN, the worker can withdraw her or his provident fund money online.
• Transfer the provident fund number from the old PF account into new PF account is also made easy through the universal account number.
• Using the UAN online member portal, workers instantly check her or his PF balance.
• Additionally, simply ship the SMS with the UAN number the employee get to understand provident fund balance.

This UAN also assists the workers to keep and handle his or her provident accounts online. This implies any of those companies not hold back the provident fund amount of any employee.
The worker also tracks if their firm depositing the provident fund every month or restarting the provident fund donation simply filed on the UAN portal.

Benefits for employees utilizing the UAN:

Employees, those linked all their PF account with the UAN can find the advantages mentioned below.

• There is no participation of employers in PF withdrawal

At the moment, if you ask for PF withdrawal subsequently ask pass on through your previous employer and they need to sign the request and then just request forwarded to the EPFO. However, with the universal account amount that the company intervention decreased. The PF cash on your previous PF account moved automatically to your new PF account after the verification of KYC complete.

• There is no need to move fund

Transfer the provident amount from one company account into other is your big and lengthy process. But, there isn't any need to move your PF amount whatsoever with the dawn of universal account amount. To be able to change your accounts, all you need to do is provide the KYC and bank account details to the new employer. When the new employer confirmed this info, then PF amount from your previous account moved automatically to the new account.

Benefits Of The UAN Number For Employees

The universal account amount is introduced by the employee provident fund organization. The worldwide account number is among the most significant numbers for every employer and workers. It is the unique number given to every employee of the EPF. The employee provident fund organization sends the monthly intimation messages of their EPF account. The intimation messages help to remain the expected date for those employees. The fund move is just one of the main advantages of the worldwide account number. The universal account variety portal manages the UAN related works. By using this portal you are able to perform a variety of tasks like UAN Activation, check the UAN allotment status, check the EPF passbook, and upload your KYC record and Aadhaar documents and others.

Details require for enroll epfo uan amount

By employing the universal account number anybody can easily assess their PF balance status. The employer provides the universal account amount to every employee and the employer print universal account amount in salary slip. The worker needs to have the details before going to enroll for the epfo uan number. They are

• Date of arrival
• Mobile amount
• PAN card amount
• Name
• PF amount as well as others
• How to UAN login via manhood portal

The workers need to get the universal account number along with the employees also need their phone and the member ID during the online registration process. The practice of the epfo uan login is very simple and the employee requires some details to activate the UAN number.

• First, you pay a visit to the UAN portal or official site of uan
• Select on busy the UAN after which the UAN type will exhibit
• Enter your UAN number and select on the check box to enter the user ID
• pick the office and state, and then input the PF office code
• In the event the worker doesn't have the manhood ID and then enter PAN card number
• The user may input the details such as cellular number, name, date of birth, email address along with others
• Then select to get the consent PIN number and the user will obtain the PIN number on their cell phone for the confirmation procedure.
• Enter the Pin number and submit the application form
• After completing the UAN activation process and the worker will get the confirmation messages for the email ID.

Benefits of the UAN number

The universal account number comes with a lot of benefits and the epfo uan portal gives the employee access to EPF passbook. After the universal account number activation, the worker can know the EPF balance status through SMS and also missed a telephone. By employing the Aadhaar card number and UAN number has made EPF withdrawal in internet. The UAN provide the various online facilities to the employees and companies just following the UAN quantity activation. The universal account amount activation or enrollment could be done through UAN portal, employee provident fund app and SMS in the registered phone number.