How to add nominee to your EPF account online

How to add nominee to your EPF account online

Employees’ Provident Fund is a mandatory contribution from the salaries of professionals. Employees’ Provident Fund Organization (EPFO), which is the agency that monitors EPF accounts, allows subscribers to submit their nominee details online on its official website.

Add nominees to your EPF account, and other details explained here :-

Here’s why you should nominate members to your EPF account

It is important to nominate members to your EPF account. This is so because in the event of the user’s demise, only the nominated members will be able to withdraw the EPF balance. Notably, one or more nominees (with specified sharing percentages) can be added.

Sign in to your EPF account and enter nominee details

First off, log on to the EPFO website, then sign in using your UAN (Universal Account Number) and password. Next, click on ‘Manage’ tab, and go to E-nomination option.

Following this, click on ‘Add family details’ and enter the details (name, DoB, address, relation, Aadhaar number) of the members you wish to nominate. To add more than one nominee, click on ‘Add row’ option.

Provide nominee shares and submit your request

Next, go to ‘Nomination details’ and declare the total amount and nominee shares. Then, click on ‘Save EPF nomination’ button……Read More>>

 

Source:- newsbytesapp

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