EPFO Important Update! Members Must File e-Nomination Before 31st March, Step-by-Step Process Inside
In case of death of the account holder, the nominee/family members will be able to withdraw PF, Pension (EPS), and Insurance (EDLI) Money.
If you are a PF account holder, this information is for you! EPFO (Employees' Provident Fund Organization) has made e-nomination mandatory for its members and the Last date to do so is 31st March.
Without e-nomination, you won't be able to check the balance of your PF account. You will not be able to obtain many other benefits as a result of this.
In the event of the account holder's death, E-nomination allows the nominee/family members to withdraw funds from PF, Pension (EPS), and Insurance (EDLI).
The nominee can also file a claim online.
Advantages of EPFO e-nomination:
Employee Deposit Linked Insurance Scheme (EDLIS) participants also have access to insurance coverage (EDLI Insurance cover).
The nominee in the scheme receives a maximum insurance cover of Rs 7 lakh. If the member dies without any nomination, then there will be difficulties in processing the claim.
So let us tell you how you can fill out the nomination online.
Documents Required for Filing e Nomination:
EPFO has noted that citizens can update the nomination anytime they want and there’s no documentation or authorization required. Self-declaration is sufficient.
Here's how you can file your e-Nomination Online
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For EPF/EPS nomination, first, go to the official website of EPFO https://www.epfindia.gov.in/
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In the Services section, choose “FOR EMPLOYEES” and click on Member UAN/Online Service (OCS/OTCP)
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Now a new page will open, on that login with UAN and Password
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Select E-Nomination under Manage Tab. By doing this, the Provide Details tab will appear on the screen, then click on Save.
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Now click on Yes for family declaration, then click on Add family details (Here you can add more than one nominee).
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For the total amount share, click on Nomination Details, then click on Save EPF Nomination.
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