EPFO UAN/ELI Scheme: A big and important news has come out for the working people, especially for those employees who want to take advantage of EPFO’s Employee Life Insurance (ELI) scheme. The Employees’ Provident Fund Organization i.e. EPFO has again extended the deadline for UAN activation and linking bank account with Aadhaar. Now employees have a chance to complete this important work by June 30, 2025. If you have not been able to activate your UAN yet or have not linked the bank account with Aadhaar, then hurry up because after this date you may be deprived of getting this facility.
Important information of UAN number
It is very important for every subscriber of EPFO to have UAN i.e. Universal Account Number. This 12 digit number is linked to your Provident Fund and once it is issued, no matter how many times you change jobs, this number always remains with you. After activating UAN, you can easily use the online facilities of EPFO. This includes tasks like viewing PF passbook, downloading, applying online for withdrawal of funds, taking advance or transfer. Apart from this, you can also update your personal information online and track the status of your claim in real time.
What is ELI scheme and why is it important?
In the budget for the financial year 2024-25, the government had specially announced the Employment Linked Incentive (ELI) scheme to promote employment. The aim of this scheme is to create new jobs and provide financial assistance to both employees and employers. Under this scheme, employment and skill development opportunities will be created for about 4.1 crore youth in five years. The special thing is that within two years, more than two crore new jobs will be created under this scheme.
Through the ELI scheme, employees working for the first time will get a monthly salary of up to Rs 15,000 in three installments directly in their bank account linked to Aadhaar. Also, employers will also benefit as the government will give incentives for four years on EPFO contribution. For every new employee, the government will give an assistance of Rs 3,000 per month to the employer for two years, so that employers can hire more people. Employees earning salary up to Rs 1 lakh can also take advantage of this scheme.
How to activate UAN?
If you have not been able to activate your UAN yet, then it is very important to do this work. First of all you have to go to the official website of EPFO epfindia.gov.in. There you have to go to the ‘For Employees’ section and click on the ‘Member UAN Online Service’ option. After this, you have to go to the link ‘Activate UAN’, where you have to fill your 12 digit UAN number, Aadhaar number, name, date of birth and mobile number linked to Aadhaar. Along with this, you have to enter the captcha code and tick the given declaration. Then after pressing the ‘Get Authorization Pin’ button, an OTP will come on your mobile number, which you will enter and submit. In this way your UAN will be activated and you will be able to take advantage of all the online services of EPFO.
Why is it necessary to extend this deadline?
EPFO has extended this deadline from time to time so that more and more employees can take advantage of this facility. This opportunity is very important especially for the employees of the unorganized sector and contract workers who want to take advantage of the ELI scheme. If UAN activation and linking of bank account with Aadhaar is not done on time, then they will not be able to take advantage of the insurance benefits and incentives available under this scheme.
Therefore, all the employees who have not been able to activate their UAN till now or have not been able to link bank account with Aadhaar, they should complete this work as soon as possible. After June 30, 2025, this facility will not be available for free and you may also have to pay a fee for it. This is an important step related to your future benefits, so it would not be right to postpone it.
This initiative of EPFO is a relief for the employees because the process of UAN activation and Aadhaar linking has become very easy digitally. With this, employees can do important work from their home without going to the office and take full advantage of government schemes. So do not delay, activate your UAN and enjoy all the facilities of EPFO.