The Employees’ Provident Fund Organisation (EPFO) has announced an extension for the activation of the Universal Account Number (UAN) and linking of bank accounts with Aadhaar until February 15, 2025. These steps are essential to claim benefits under the Employment Linked Incentive (ELI) Scheme.
Announcement DetailsIn a circular dated February 2, 2025, the Ministry of Labour and Employment stated:
“Referring to the referenced circulars, the competent authority has approved the extension for UAN activation and Aadhaar seeding in bank accounts till February 15, 2025.”
The Universal Account Number (UAN) is a unique 12-digit identifier that simplifies the management of provident fund (PF) accounts. It provides employees with a centralized platform for tracking, accessing, and managing their PF funds conveniently.
Why Activate Your UAN?Activating your UAN unlocks access to EPFO’s wide range of digital services, including:
- Viewing and downloading PF passbooks
- Submitting online claims for withdrawals, advances, or transfers
- Updating personal details
- Tracking claim statuses in real time
The ELI Scheme aims to promote job creation in the formal sector through financial incentives for both employers and employees. Launched during the Union Budget 2024, the scheme is divided into three components:
Benefits under the scheme are disbursed via Direct Benefit Transfer (DBT), provided the recipient’s bank account is Aadhaar-linked.
As per the PIB release on November 21, 2024, employees can activate their UAN using an Aadhaar-based One-Time Password (OTP). Follow these simple steps:
Upon successful activation, a password will be sent to your registered mobile number, enabling you to access EPFO’s digital services and avail benefits under the ELI Scheme.
