Aadhaar Card Mandatory for PF Transactions

By: DoYouKnow.IN$ | Views: 2129 | Date: 25-Jan-2013

If you haven’t got your Aadhar card, hurry up and apply. The government has now made it mandatory to provide your Aadhar card number for PF transaction. Salaried employees in organized sector will have to provide their Aadhaar numbers for seeking benefits under the EPF scheme being operated by retirement fund body Employees’ Provident Fund Organization (EPFO).

Salaried employees in organised sector will have to provide their Aadhaar numbers for seeking benefits under the EPF scheme being operated by retirement fund body Employees’ Provident Fund Organization (EPFO).

It will also be mandatory for new members to submit their Aadhaar numbers as part of the KYC (Know Your Customer) verification from March 1, 2013.

“It has been decided to make Aadhaar numbers mandatory for new members...joining on or after March 1, 2013. However for existing members, the seeding of Aadhaar number has to done in a time bound manner,” an official order to the field staff said.

Aadhar Card for PF

It has asked the field staff to ensure the collection of data (Aadhaar) in respect of member joining on or after March 1, 2013 on a monthly basis and in respect of existing members by June 30, 2013.

In case an employee does not have the Aadhaar number, the employer can issue an Enrolment Id (EID) as per the guidelines of the body. This EID would be converted into Aadhaar number later on, the order said.

The body would also seek the Aadhaar numbers of its pensioners through the banks. EPFO has decided to use Aadhaar as mandatory KYC credential to improve its services.

The pensioners can submit their Aadhaar number either to their pension paying branch of the bank or to the EPFO office.

The field staff has also been asked to contact the local UIDAI authorities requesting them to set up camps for enrolment in industrial areas and other places which they find suitable for the purpose.

The field offices are also directed to coordinate with district authorities during organising of camps for Aadhaar enrolments.

Earlier, EPFO had envisaged replacing its member’s account number with Aadhaar numbers to avoid inconvenience to those who had to apply for transfer of PF money to the new account with the new employer.

EPFO is working towards creating a central database where all members would have a unique account number and would not require to transfer PF accounts to another one in the event of changing jobs.

EPFO recently digitalised its database of regional offices and launched its e-passbook service where subscribers can access their account online. Now the body is working towards integrating this digital data base and bring them together at one place.

This will help EPFO members, particularly the construction workers, who often change their jobs or contractors.
Previous Page Next Page

People Searching On This Page:
  • aadhar card is necessar to withdraw pf and pf pension
  • latest ruling on requirement of aadhar card for PF
  • do pensioners in india have to submit aadhar card?
  • technical knowledge pf epfo
  • pf department required adhar cardhttps://www.google.co.in/
  • epfo guidelines on aadhar 2014
  • adhar card requirement for pf
  • e-aadhar
  • adhar card photo
  • how does aadhar card look
  • adhar card down load
  • aadhar card images
  • aadhar card image
  • adhar card
  • e aadhaar images

Related Pages


Modi’s First Two Years: Economic Report Card

Modi’s First Two Years: Economic Report Card

Articles | News & Society | Economics
Date:
25-May-2016  Views: 723

Modi’s First Two Years: Economic Report Card by Wall Street Journal, USA. ...
PF Interest Rates 8.75% for 2014-15 by EPFO

PF Interest Rates 8.75% for 2014-15 by EPFO

Articles | Finance | Investing
Date:
26-Aug-2014  Views: 1199

Retirement fund body EPFO on Tuesday announced 8.75 per cent rate of interest on provident fund deposits for the current fiscal, a move which would be ...
Download Your e-Aadhaar Letter Online

Download Your e-Aadhaar Letter Online

Articles | General Knowledge | India
Date:
25-Jan-2013  Views: 9648

To download the Aadhaar letter, it is necessary to have both your enrollment number and date time of your enrollment. The complete procedure for downl ...
How to apply Aadhaar Card | Check Status | Enrolment slip lost what to do

How to apply Aadhaar Card | Check Status | Enrolment slip lost what to do

Articles | General Knowledge | India
Date:
14-Jan-2013  Views: 11005

Read How to apply Aadhaar Card, How to Check Aadhar Status and what to do Enrolment slip lost. ...
OTP - One Time Password is Required for Credit Card Transactions Over Phone

OTP - One Time Password is Required for Credit Card Transactions Over Phone

Articles | Finance | Banking
Date:
03-Feb-2011  Views: 29920

As per the guidelines of Reserve Bank of India (RBI), starting from February 1, 2011 all merchants in India are required to collect an OTP (One Time P ...
Post Your Comments (No Login Require)
Name : (required)
Email : (required)
Website :

Comment : (required)

42  + 8 =     
Comments
ABHISHEK KUMAR  |  26-Jan-2013 09:37:02 IST
I want to do the job in Aadhaar enrolment agency to make the aadhaar. My qualification is BCA. Please inform me about this comment.
People Searched About:
Aadhar Card Is Necessar To Withdraw Pf And Pf Pension   |   Latest Ruling On Requirement Of Aadhar Card For PF   |   Do Pensioners In India Have To Submit Aadhar Card?   |   Technical Knowledge Pf Epfo   |   Pf Department Required Adhar Cardhttps://Www.Google.Co.In/   |   Epfo Guidelines On Aadhar 2014   |   Adhar Card Requirement For Pf   |   E-Aadhar   |   Adhar Card Photo   |   How Does Aadhar Card Look   |   Adhar Card Down Load   |   Aadhar Card Images   |   Aadhar Card Image   |   Adhar Card   |   Aaadhar Card For Pf   |   Is Aadhar Card Mandatory   |   PF Transfer Aadhar Card   |   Employer To Provide Aadhar Card For Epf   |   Aaadhar Card Mandatory For PF   |   PF Transactions On Aadhaar Card   |   Pf Transfer Required Aadhar   |  
Google : 300 times | Yahoo : 43 times | Bing : 426 times |