BIG EPFO Update: Now employees can make this change in their EPF accounts too—check out steps listed by retirement fund body

BIG EPFO Update: Now employees can make this change in their EPF accounts too—check out steps listed by retirement fund body

In a big relief to the employees, the EPFO has allowed its subscribers to update exit dates online on their own when they switch jobs. The development holds significance as many employees in the past have complained that their former employer was not co-operating or updating exit date, leaving Employees’ Provident Fund Organisation subscribers harried. Earlier, an EPF account holder had to wait for their former employers to update the date.

As per EPFO, subscribers not having exit date on the EPFO cannot withdraw money from their EPF accounts or transfer the account from previous employer to new one. Meanwhile, giving direct access to employees, the retirement fund body has made the process simpler as it can be done by the EPFO subscribers from the comfort of their home. The retirement fund body has also guided in certain steps how you can make the required change in your EPF account.

EPFO exit date: How to update

Step 1 Go to to the EPFO portal www.epfindia.gov.in using your Universal Account Number (UAN) and password.

Step 2: Go to Manage and Click ‘Mark Exit’. Choose PF account number from ‘Select Employment’ dropdown

Step 3: Enter date of exit and reason of exit

Step 4: Click request OTP and enter OTP sent on Aadhaar-linked mobile number. Then select the checkbox

Step 5 Click update and the click Ok.

As you click on the ‘Ok’ tab, your date of exit will be updated successfully.

Note that the date of exit cannot be marked till two months of leaving the company.

 

Source:- zeebiz

Share:

Comments are currently closed.