How to Activate UAN? UAN Login and Registration Process
The Universal Account Number (UAN) is an initiative introduced by the Government of India in collaboration, with the Employees Provident Fund Organization (EPFO). Its main objective is to streamline and simplify the management of provident fund accounts for employees. The UAN acts as an identification number that stays consistent throughout an employee’s career, regardless of job changes. This initiative aims How to Activate UAN is to improve the efficiency and transparency of transactions related to employee funds.
Thank you for reading this post, don't forget to subscribe!The UAN system has completely transformed the manner in which employees can now access and oversee their provident fund accounts.
Employee-Employers Specific Benefits of UAN
It offers a multitude of advantages to both employees and employers, encompassing:
Portability: Employees no longer have to go through the hassle of applying for a provident fund account every time they change jobs. Instead, the UAN (Universal Account Number) remains constant. The new employer simply connects the employee’s account to the existing UAN.
Consolidation: If an employee has EPF accounts and changes jobs, the UAN enables them to combine these accounts. This makes it easier to keep track of contributions and withdrawals.
Ease of Access: Workers have the convenience of accessing their EPF account information via the UAN portal. This enables them to check their balance, make updates to information, and review transaction history.
Efficient Withdrawals: UAN simplifies the procedure of withdrawing fund balances, making it faster and easier for employees to access their funds as and when required.
Reduced Paperwork: UAN minimizes the reliance on paper-based documentation since the majority of tasks can be completed online. This saves time and resources, for both employees and employers.
Transparency: Now employees have the ability to monitor their EPF contributions, track the interest they have earned, and keep a record of their withdrawals. This will help promote transparency and accountability, in the system.
Ease of Verification: Employers have the convenience of verifying the genuineness of employees’ UANs via the EPFO portal, which helps minimize the chances of claims.
Online Services: The UAN portal provides services, such, as transferring funds, between EPF accounts, updating KYC information, and designating beneficiaries.
In general, the UAN initiative has brought about changes, in the management of employee provident fund accounts. It has made processes simpler, increased transparency, and improved accessibility. This initiative empowers employees to have control, over their retirement savings while offering employers an efficient way to handle provident fund accounts.
How to Activate UAN
All employees must activate their UAN (Universal Account Number) in order to access all the services, on the EPFO (Employees Provident Fund Organization) portal. To do this, employees need to have their UAN, Member ID, Aadhaar Number, and PAN handy.
To activate the UAN, the employee must follow these steps:
- Visit the EPFO online portal.
- Under the ‘Sign in’ section, click on ‘Activate UAN’.
- The next page that opens will ask you to enter your UAN, Member ID, Aadhaar Number, and PAN card details.
- After this, you will have to submit your personal details, such as name, date of birth, email address, mobile number, and captcha code.
- After carefully filling in all these details, click on ‘Get Authorization PIN’.
- An authorization PIN will be sent to your registered mobile number, which you must enter on the next screen that opens up.
- Before clicking on ‘Activate UAN’, make sure to tick the terms and conditions (click on ‘I Agree’, and then click on ‘Validate OTP and Activate UAN).
- You will now receive your password details on the registered mobile number.
To access the UAN portal, you will need to use your UAN and the generated password. Once logged in you will have the option to change your password as, per your preference. Additionally, if you happen to forget your password, simply click on ‘Forgot Password’. Follow the steps to set up one for your EPF account.
How to Find Your UAN?
To find out your UAN, you need to follow the steps listed below:
- Visit the EPFO online member portal.
- Click on the ‘Know your UAN’ option on the main screen.
- Enter your registered mobile number, and captcha code, and click on ‘Request OTP’.
- Now, enter the OTP for verification purposes.
- Lastly, you need to enter your name, date of birth, Aadhaar/PAN/Member ID, and Captcha code.
- After successfully submitting your details, click on ‘Show my UAN’ to find out your Universal Account number.
Why is UAN Important?
UAN is an important and significant number for the following reasons:
- Members can easily transfer their PF balance from one account to another using the same UAN.
- EPFO members can access all online services simply by activating their UAN.
- Employees can claim a partial withdrawal online using their UAN.
- EPF Passbook, claim status, withdrawals, etc. can easily be tracked on the EPFO portal simply by entering the UAN.
Steps to Link Aadhaar with UAN and PF
You can link your Aadhaar with your UAN and PF in the following three ways:
Using the UMANG app
- Download the UMANG app on your mobile device
- Select the ‘e-KYC services’ option
- Next, click on the option to ‘Seed Aadhaar’
- Enter your UAN
- Select the option to ‘Get OTP’, which will be sent to your registered mobile device
- Enter the OTP and your Aadhaar number
- You will again receive an OTP on your mobile device to verify your Aadhaar number
- After successful verification, your Aadhaar will be linked to your UAN.
Using the OTP Verification on EPFO e-KYC Portal
- Log in to the EPFO online portal
- Select the ‘For Employees’ option
- Click on ‘Link UAN Aadhaar’
- Enter your UAN and mobile number
- Enter the OTP sent to your registered mobile number
- Next, submit your Aadhaar details
- Now, select your preferred method for Aadhaar verification
- You will now receive an OTP on your mobile device to verify your Aadhaar number
- After successful verification, your Aadhaar will be linked to your UAN
Using the EPFO Online Portal
- Log in to the EPFO online portal
- Click on the ‘Manage’ tab
- Select the ‘KYC’ option
- Select your Aadhaar and enter your name and Aadhaar number
- Click on ‘Save’
- The status will show as ‘Pending KYC’ which will automatically be approved upon successful verification of your details
[Read more: UAN Activation and Registration Process in 2023]
Conclusion
In conclusion, activating your UAN (Universal Account Number) is a straightforward process that opens the door to a world of financial benefits and convenience. By following the step-by-step guide provided, you’ve taken a significant stride toward managing your Employee Provident Fund (EPF) effectively. Your activated UAN grants you easy access to track contributions, withdrawals, and other essential EPF details. Embrace this empowerment to take charge of your financial future and make the most of your EPF benefits. Activate your UAN today and embark on a journey of financial control and security.