Get your UAN and PPO with this new EPFO service
EPFO starts new service for salaried employees and pension holders; the salaried and pension class can now download their UAN and PPO documents from government e-locker
Employees' Provident Fund Organisation (EPFO) has started a new service for salaried employees and pension holders. Under this new service, the salaried class can now download their Universal Account Number documents while the pension class can download their Pension Payment Order (PPO) any time from their digital lockers.
The Universal Account Number document is very important for a salaried class person. This is required to get details about the money being deposited into your EPF account. It is also required to withdraw money from your EPF account.
In the same way, a person who has completed her service term and is now on pension will require the PPO documents. Any person who has completed his service term will fall under the category of pension class. A PPO is a 12 digit number that is required at the time of submitting your Life Certificate.
EPFO has recently said that all the salaried class and pension class people can now download their UAN and PPO details from the government's e-locker service or DigiLocker. The UAN and PPO will now be available in the Digilocker.
Every PF account holder is given a unique UAN number so that the account holder can get any information about his EPF at any time and anywhere. The UAN is essential to apply for online PF withdrawal, online PF transfer, Know Your Customer (KYC) update UAN card and passbook.
DigiLocker is aimed at the concept of paperless governance. It offers the following benefits:
-- Citizens can access their digital documents anytime, anywhere and share it online. This is convenient and time-saving.
-- It reduces the administrative overhead of Government departments by minimizing the use of paper.
-- Digital Locker makes it easier to validate the authenticity of documents as they are issued directly by the registered issuers.
DigiLocker, the National Digital Locker System launched by Govt. of India, can be accessed at https://digilocker[dot]gov[dot]in and https://digitallocker[dot]gov[dot]in.
See Zee Business Live TV Streaming Below:
EPFO is one of the World's largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. At present, it maintains 19.34 crore accounts (Annual Report 2016-17) pertaining to its members," as per the EPFO website.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: In how many years, your Rs 6,000, Rs 8,000, or Rs 10,000 monthly SIP investment can grow to Rs 4 crore?
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI Senior Citizen FD Interest Rates: Know how Rs 5 lakh, Rs 10 lakh, and Rs 15 lakh investments will give in maturity in Amrit Vrishti, 1-, 3-, and 5-year fixed deposit schemes
Home Loan Calculator: How 1 additional EMI each year can save Rs 40.54 lakh in interest and 85 months in tenure on Rs 75 lakh, 30-year loan; see calculations
Compounding Returns: Rs 5,000 monthly SIP investment for 30 years vs Rs 17,500 monthly SIP for 20 years? Which can give higher return? Know here
SBI FD Interest Rates for General and Senior Citizens: Here's what India's top lender is offering in its 1-, 3-, 5-year, & Amrit Vrishti fixed deposit schemes
03:58 PM IST