How to Update EPF Nominee Online – The Nominee plays a crucial role in all investments in India. Nominee designations ensure that benefits reach the rightful recipient upon investor death. In case of an investor’s sudden death due to an accident, a nominee’s name is added to the schemes to ensure the benefits are distributed to the rightful recipient.
Now, the EPFO has made it mandatory to add a nominee’s name to your EPF account. Failure to add a nominee’s name to your EPF account can lead to difficulties in receiving your PF balance after death.
If a nominee’s name hasn’t been added to your EPF account, you can complete this task through the online process. This means you can add a nominee to your EPF account online. This process is also online, and there will be no hassle. Learn some important points below.
Learn how to add a nominee to your EPF account.
You can add a nominee’s name to your EPF account online. The process is also simple.
To do this, first log in with your UAN and password.
After this, select the e-nomination option.
Log in again and click on the ‘Manage’ tab.
Next, go to the ‘E-Nomination’ option and select ‘Enter New Nomination’.
Then, you must indicate whether you have a family. Select ‘Yes’ or ‘No’.
Then, enter the nominee’s details.
Then, include the nominee’s name, relationship, date of birth, other relevant information, and their photo. Upload it.
I, for some reason, there is more than one nominee, the ratio (e.g., 50-50 or 70-30) must be determined.
Then, confirm with an e-sign.
After entering all the information, click ‘Save’ and go to the ‘Pending Nominations’ section.
Then, select the e-sign option – this will require entering your Aadhaar number.
An OTP will then appear on your registered mobile number. Entering this OTP will complete the nomination process.