EPFO pensioners get this good news! All pension passbook updates on mobile phones now via Umang app

Retirement fund body EPFO has now launched a new facility for pensioners through which they would be able to view their pension passbook on mobile phones with the help of Umang app. A statement by Ministry of Labour & Employment said the service, 'View Pension Passbook', for pensioners will be available through Umang app. This new facility is part of EPFO's plan to go paperless by August this year, and provide all services online. 
 
On this app, pensioner have to click ‘View Passbook’ option, and then need to mention PPO Number and Date of Birth information for validation. They would then receive an OTP to their registered mobile number. On entering OTP, ‘Pensioner Passbook’ will display the details of the pensioner like Name, DOB along with last pension credited information. The facility to download the financial year wise complete pass book details is also available, said the statement.
 
It may be noted that that EPFO' other e-services through UMANG aap, include Employee Centric services (View EPF Passbook, Raise claim, Track Claim), Employer Centric Services (Get remittance details by establishment ID, Get TRRN Status), General Services (Search Establishment, Search EPFO Office, Know Your claim Status, Account details on SMS, Account details on Missed Calls), Pensioner Services (Update Jeevan Praman), eKYC services (Aadhaar Seeding). 
 
Last year, Umang app was launched to provide access to various government services at one place. It is a common platform for services such as gas booking, Aadhaar, crop insurance, EPF and National Pension System.  
 
It may be mentioned that EPFO's parent body is toying with the idea to register the retirement fund body as a Financial Services Entity (FSE) so that it can also indulges in financial activities. Sources stated that the EPFO is looking at entering the business of granting all types of loans to its subscribers to increase the rate of returns on its funds. 

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The body may reportedly offer all types of secured loans to its subscribers as it will be more secure for EPFO which will face no risk factor attached to these loans either.