Complete Guide to UAN Activation Process

Introduction

Understanding what UAN is and its activation process are vital aspects of managing your Employees’ Provident Fund (EPF) contributions. UAN, also known as Universal Account Number, is a 12-digit number provided to every employee who is contributing to the EPF. This number is unique and remains constant throughout an employee’s lifespan. The UAN’s primary role is to help members consolidate all their PF accounts, manage them consistently, and transfer funds seamlessly without hassle. Understanding the UAN activation process can help you manage your EPF account more effectively.

Step-by-Step Guide to UAN Activation

Step 1: Attain Your Allotted UAN

Your employer, usually, should provide this number. If unavailable, you can find it on your salary slip. The Government of India mandates the printing of the UAN on employees’ salary slips.

Step 2: Visit UAN Portal

Once you attain your UAN, visit the UAN Member e-Sewa portal. Here, you will find an option called “Activate UAN”. Click on this option to progress to the next step.

Step 3: Fill in Necessary Details

You will be redirected to a new page where you need to fill in your UAN, name, registered mobile number, and the captcha. Post this; you will receive an Authorization Pin on your registered mobile number.

Step 4: Confirm activation

Enter the received pin and click on ‘Validate OTP and activate UAN.’ Post validation, a password creation page appears. Here, create your password for future logins.

UAN Activation through Mobile App

For people who prefer managing their finances on the go, EPFO also provides an app for UAN activation.

  1. Download the ‘m-sewa app of EPFO’ from your phone’s app store.
  2. Open the app and click on ‘Activate UAN’.
  3. Fill in the required details including your UAN, mobile number linked with the UAN, and member ID.
  4. Click on ‘Get OTP’. You will receive an OTP on your registered mobile number.
  5. Enter this OTP and click on ‘Signin’. Post this, you can set up a login password.

Overall, UAN activation is a straightforward and effortless process that can help streamline your EPF activities effectively.

Benefits of UAN Activation

UAN Activation offers several benefits:

  1. Consolidation of multiple PF accounts: Having different PF accounts can be confusing and difficult to track. However, with UAN, employees can merge various PF accounts into one single account.
  2. Ease of PF transfers and withdrawals: UAN enables smooth transfers and withdrawals from PF accounts.
  3. Updating KYC: UAN helps in easily uploading KYC documents on the portal and aids in effortless operation of the account.
  1. Allows EPF passbook download: You can download your updated passbook anytime after logging into the account.

Disclaimer

It is crucial to understand that investing or managing funds in the financial market involves substantial risks, including uncertain market conditions and economic instability. Investors must evaluate all the pros and cons before making any financial decisions. The information in this article is shared with the intent to educate users about the UAN activation process and not to provide any investing advice or recommendations.

Summary

Understanding and managing your Universal Account Number (UAN) is an essential aspect of handling your Employees’ Provident Fund (EPF) contributions. The UAN activation process is simple and can be done either through the UAN Member e-Sewa portal or the ‘m-sewa app of EPFO’. Besides, UAN activation provides numerous benefits, including seamless PF transfers and withdrawals, easy KYC updates, ability to consolidate multiple PF accounts, and EPF passbook download facilities. However, it is crucial to understand that dealing with the financial market involves risks, and every investor must make informed decisions accordingly. This guide is intended to provide a comprehensive understanding of the UAN activation process.

About John Cena

Check Also

Création d'une Entreprise de Racks et Rayonnages Guide Complet

Création d’une Entreprise de Racks et Rayonnages : Guide Complet

La création d’une entreprise spécialisée dans les racks et rayonnages nécessite une planification minutieuse, une …

Leave a Reply

Your email address will not be published. Required fields are marked *