UAN, abbreviated for Universal Account Number, is a number with twelve digits assigned to every member contributing to the Employee Provident Fund. It is a unique number allocated to the members by the Employee Provident Fund Organisation (EPFO). Single UAN Login is issued to each employee of the organisation.
The rule is that an organisation with twenty or more employees must mandatorily generate UAN Activation Number for each of its employees. Contract workers must receive UAN Activation cards from the organisation if they contribute to the provident fund scheme. https://dreamtechnews.com/write-for-us/
What are the features of UAN?
UAN Activation is important to centralise the information of employees in different organisations in India. It decreases the time and energy that would be required to invest in verifying employee details in different companies. Also, the EPFO can access the bank account details of the employees through it without the help of employers. This lets the EPFO know about the employees’ job switches so that it can manage its tabs meticulously.
What is the importance of UAN to the employee?
UAN ensures that every new provident fund account of the employee comes under the same account. Employees can even download their PF statements whenever required. The UAN card also is downloaded and printed online.
The UAN Login number makes the withdrawal method simpler. It ensures that the employer receives the employer’s contribution to their provident fund. If the UAN Login is verified, the profile does not require to be validated by the employers.
How can you generate UAN?
No registration fee is required to generate UAN. Simply follow the steps given below:
Step 1: Visit the UAN Login portal to login
Step 2: Go to the member section and select “register individual”
Step 3: Enter your aadhar number, PAN, and bank account details when prompted
Step 4: Request your employer to approve the registration process
Step 4: The provident fund can be now linked to your UAN.
What are the documents required to open UAN?
Below is a list of documents required to generate UAN:
- ID proof ( driving licence, aadhar card, passport, etc.)
- Bank account number, branch name, and IFSC code
- Address proof
- ESIC card
- PAN card
UAN Activation Process
Following are the steps to activate UAN:
Step 1: Go to the homepage of EPF India
Step 2: Select the ‘Our Services’ tab and click on ‘For employees’
Step 3: Click on ‘Member UAN Online Services’.
Step 4: Give your Member ID, mobile number and UAN when prompted
Step 5: Select “Get authorisation PIN Button”
Step 6: Select the “I agree” option on the pop-up to proceed.
Step 7: Submit the OTP you received
Step 8: Select “Validate OTP”
Step 9: Click on “Activate UAN”
After this, the user will receive a password on the mobile number registered with his account. It can be used to access the EPS account in future. When applying for online activation of UAN, aadhar card, bank account details and IFSC code, PAN, and identity and address proofs need to be submitted. So, it would be best if you kept those in hand.
How do you know your UAN?
The UAN Activation Number can be known by two methods— via the employer or salary slip printouts and via the UAN portal on the ‘Know your UAN status’ tab.
EPF is an important resource for the employee and helps them achieve their financial goals after retirement. With the advent of digitalisation, UAN Login, Portal Registration, and Universal Account Number Activation have become much easier, and employees can get it done from the comfort of their homes.