EPFO subscribers should be aware of some important information. If you do this assignment fast, you will be eligible for a reward of up to Rs. 7 lakhs.

EPFO Recent Developments: EPFO has made e-nomination a requirement for its members. The account holder’s family receives social security benefits when they make an e-nomination. A bonus of up to Rs 7 lakh is also attainable as a result of this. Let us show you how to submit your nomination online.

If you work and have a PF account, this is vital information for you. EPFO (Employees’ Provident Fund Organization) has made e-nomination a requirement for its members. Without e-nomination, you won’t be able to view your PF account balance. You will also be unable to obtain a number of other advantages. EPFO (Employees’ Provident Fund Organization) has made e-nomination a requirement for its members.

e-Nomination is required.

Let us explain that creating an e-nomination in an EPFO account provides social security to the account holder’s family. EPFO also offers the option of e-nomination, which allows the nominee’s information to be submitted electronically. Those who have not yet enlisted will be given the opportunity to do so. Following that, information such as the nominee’s name and date of birth will be updated online. EPFO has advised its customers to complete e-nomination (EPF / EPS nomination) if they have an EPF account. This allows the nominee/family members to withdraw funds from the PF, Pension (EPS), and Insurance (EDLI) accounts in the event of the account holder’s death.  The nominee can also file a claim online with this.

This will also be advantageous.

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 a member dies without leaving a nomination, the claim will be difficult to complete. So, let us show you how to fill out nomination forms online.

Also Read: Those with NPS, PPF and Sukanya Samriddhi scheme should do this work before March 31, otherwise there will be a big loss

What is the procedure for e-nomination?

1. To make an EPF/EPS nomination, go to EPFO’s official website athttps://www.epfindia.gov.in/.
2. In the Services section, go to FOR EMPLOYEES and select Member UAN/Online Service (OCS/OTCP).
3. A new page will appear, prompting you to log in using your UAN and password.
4. Go to the Manage Tab and select E-Nomination. The Provider Details tab will show on the screen once you accomplish this, and then click Save.
5. Next, choose Yes for family declaration, then Add family data (you can add multiple nominees here).
6. Click Nomination Details, then Save EPF Nomination to see the total amount shared.
7. Now, click on E-sign to generate an OTP, and then enter the OTP on the registered mobile number associated with your Aadhaar card.
8. Your e-nomination will now be registered with EPFO. You won’t need to provide any hard copies after that.