The Employees' Provident Fund Organisation (EPFO) has extended the deadline for activating your Universal Account Number (UAN) and linking it to your Aadhaar and bank account to access the Employment Linked Incentive (ELI) Scheme benefits.

• New Deadline: January 15, 2025


• Previous Deadline: Initially set for November 30, 2024, extended twice to December 15, 2024, and now to January 15, 2025.

This mandatory process is essential to avail of the ELI Scheme benefits, which include job creation incentives and financial support for employees and employers. The scheme, announced by Finance Minister Nirmala Sitharaman during the Union Budget 2024, aims to boost employment and support employers.

Steps to Activate EPF UAN through Aadhaar-based OTP

• Visit the EPFO Member Portal: Open the portal in your browser.


• Click “Activate UAN”: This option is available under the “Important Links” section.


• Provide Required Details:
  
  
  
  • UAN
  
  
  • Aadhaar number
  
  
  • Name
  
  
  • Date of birth (DOB)
  
  
  • Aadhaar-linked mobile number
  
  
  
  


• Ensure Aadhaar Linking: Verify that your mobile number is linked with Aadhaar for smooth access to services.


• Agree to OTP Verification: Confirm your consent for Aadhaar OTP verification.


• Receive Authorization PIN: Click on "Get Authorization PIN" to receive the OTP on your Aadhaar-linked mobile.


• Enter OTP: Enter the OTP to complete the activation process.


• Receive Password: A password will be sent to your registered mobile number upon successful activation.

EPFO’s Employment Linked Incentive (ELI) Scheme – Key Features

The ELI Scheme includes three distinct variants designed to support job creation and incentivize employment:

• 
  

  Scheme A – First-time Employees

  
  
  
  
  
  • Provides a one-month wage to new employees entering the workforce in all formal sectors.
  
  
  • Direct benefit transfer of up to ₹15,000 in 3 installments.
  
  
  • Eligible employees must have a salary below ₹1 lakh per month.
  
  
  
  


• 
  

  Scheme B – Job Creation in Manufacturing

  
  
  
  
  
  • Focuses on incentivizing additional employment in the manufacturing sector.
  
  
  • Incentives provided to both employees and employers for EPFO contributions in the first 4 years of employment.
  
  
  
  


• 
  

  Scheme C – Support to Employers

  
  
  
  
  
  • Covers additional employment across all sectors.
  
  
  • Employers will receive ₹3,000 per month for 2 years for each new employee added with a salary of ₹1 lakh or below.
  
  
  
  

Action Required

• Deadline: January 15, 2025


• Steps: Ensure your UAN is activated and linked to your Aadhaar and bank account before the deadline to avail of the ELI Scheme benefits.

Take action today to access these beneficial schemes and unlock financial support and job creation incentives!