Categories: FeaturedFinanceNews

EPFO ALERT: PF account holders should settle this work by December 31, otherwise there will be a loss

EPFO ALERT: For PF account holders, a deadline is ending on December 31. Actually, the Employee Provident Fund Organization or EPFO ​​has made it mandatory for all PF account holders to add a nominee. If this work is not done by 31 December 2021, PF account holders may have to face many difficulties.

This exercise of EPFO ​​is to provide security to the dependents of PF account holders. If something untoward happens to the PF account holders, then the nominee gets benefits like insurance and pension. Recently EPFO ​​had said, “EPFO subscribers should avail the facility of e-nomination for social security of their family. File your e-nomination to avail provident fund, pension, and insurance services online. It is extremely important for the subscriber to file his nomination to take care of his wife, children, and parents and to protect them through online PF, pension, and insurance.”

EPFO ALERT: PF account holders can
add the name of more than one nominee, PF account holders can also do the work of adding a nominee online. EPFO provides this facility that PF account holders can add the name of more than one nominee. Apart from this, the account holders can also decide the stake to be received by the nominee.

Also, Read This: LIC Jeevan Anand Policy: 25 lakh rupees will be available on depositing Rs 1400, know the specialty of LIC’s Jeevan Anand policy

Add nomination like this
>> First of all open the official website of EPFO.
>> Now you have to log in through UAN and Password.
>> Go to the Manage section and click on link e-nomination.
>> Now fill in the name of the nominee and other details.
>> To add more than one nominee, click on Add New Button.
>> After this the process is completed as soon as you click on Save Family Details.

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