A UAN is a Universal Account Number that is provided by the Employees’ Provident Fund Organisation (EPFO). It is a 12-digit number that is unique to each member and remains the same throughout their employment. The main purpose of a UAN is to help members keep track of their provident fund (PF) balance and also facilitate easy transfer of funds between different employers.
It is now mandatory for all EPFO members to have a UAN Member Portal and it must be quoted in all PF-related transactions. In this blog post, we will take you through the process of registering for a UAN as well as how to activate it.
What is a UAN?
A UAN is a unique account number that is allotted to every EPFO member. It ensures that your PF balance is maintained under a single account throughout your employment journey.
The main advantages of having a Universal Account Number are:
Portability of PF balance: UAN makes it easier for members to transfer their PF balance from one job to another without any hassle. With the UAN in place, members don’t have to fill out multiple forms or apply for transfers. The process has become much simpler and quicker.
Ease of online transactions: Members can now view their PF passbook, check their balance, raise claims and do much more with just a few clicks on the EPFO portal. All you need is your UAN and password to log in.
Seamless consolidation of multiple PF accounts: If you have worked with more than one organization during your career, chances are that you would have multiple PF accounts. With UAN in place, all these separate PF accounts can be consolidated into a single account. This makes it easier to keep track of your balances and transactions.
How to register for a UAN.
In order to UAN Registration, you will need the following documents:
– Your Social Security Number
– Your Employer Identification Number (EIN)
– Your most recent tax return
– A voided check or bank routing and account number
How to fill out the registration form.
Once you have gathered all of the required documents, you can begin filling out the registration form. The form will ask for basic information such as your name, address, and contact information. You will also need to provide your Social Security Number and Employer Identification Number. Once you have completed the form, you will need to submit it along with your most recent tax return and a voided check or bank routing and account number.
How to activate your UAN.
The UAN activation process is simple:
First, visit the EPFO member portal and log in with your credentials.
Once you’re logged in, go to the ‘Activate UAN’ tab and select the PPO (Provident Fund) number that you want to activate.
Enter your personal details like name, date of birth, gender, etc. as well as your contact details.
You will also need to upload a scanned copy of your KYC documents like PAN card, Aadhar card, etc.
After all the details have been entered, click on the ‘Submit’ button to complete the activation process.
It usually takes around 2-3 days for the UAN to get activated after which you will be able to view your account balance and transactions online.
How long does it take to activate a UAN?
It usually takes around 2-3 days for the UAN to get activated from the date of submission of the application form along with the required documents.
If you’re an employee in India, it’s important to know about the Universal Account Number (UAN). The UAN is a 12-digit number that acts as an umbrella for all your Employees’ Provident Fund (EPF) accounts. It makes it easier for employees to keep track of their EPF balance and transactions.
If you’re looking to register for a UAN, the process is relatively simple. You’ll need to fill out a registration form and submit some documents, like your PAN card and bank account details. Once the form is complete, you’ll need to activate your UAN before you can start using it. The activation process usually takes around 10 days.
Once your UAN is activated, you can start using it to check your EPF balance, make online transactions, and more. Having a UAN makes it easier to manage your EPF account and keep track of your savings.