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EPFO e-Nomination: There are many benefits of updating nominees in EPF, knowing the step-by-step process

Indiaemploymentnews | April 15, 2024 12:39 AM CST

EPF E-Nomination: Employees Provident Fund Organization (EPFO) is a social security scheme. Through this crores of employed people in the country get the benefit of social security. You can use the amount deposited in the EPFO account after retirement or in case of emergency. From time to time EPFO asks its account holders to complete the e-nomination process. Without nomination, you may face difficulties in availing the benefits of many schemes related to many EPF accounts. We are telling you about the benefits of e-nomination and its step-by-step process.

EPFO e-nomination offers many benefits

From time to time, EPF asks all your account holders to complete the e-nomination process. E-nomination makes it easier for the family of the account holder to settle the claim online in case of the death of the account holder. Along with this, it is also easy for you to avail social security schemes like PF, Pension and Insurance (EDLI).

You can do EPFO e-nomination from home

To complete the process of e-nomination in EPFO, you must visit the official website of EPFO.

After this, you select the option for employees

Next, click on the UAN or Online Service option.

Next login to EPFO by entering your UAN number and password.

Next, go to the Manage section and click on e-nomination.

Next, enter your nominee's name, photo, and other required information and click on the Save button.

To save the family details, click on the 'Yes' option.

If you want to add more than one nominee, click on the Add New button.

In case of adding more than one nominee, you should determine the share of all the nominees. Click on Save EPFO Nomination.

Finally, click on e-sign to generate OTP.

OTP will be sent to your mobile number linked with your Aadhaar, type it and then submit.

In this way, the process of e-nominee in EPFO will be completed.

These are the disadvantages of not being a nominee

If a person does not add the nominee's name to the EPF, in such a situation he can suffer many types of losses. In case of the unfortunate death of the account holder, the family may face difficulties in withdrawing the amount deposited in EPFO. You can get the amount deposited in the account only after depositing the certificate to all the heirs of the person. In such a situation this process will be very long.