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How to include e-nomination in EPF?
One of the most well-liked retirement savings plans is EPF or Employees’ Provident Fund. It lets a worker add some money to his or her EPF account and create a sizable retirement fund. The employer also adds to the employee’s EPF account. Over time, the invested sum also gathers interest and contributes to the creation of a significant corpus that may be applied for improved retirement planning.
The EPF nomination is among the most crucial features of an EPF account. Should the EPF account holder pass away, the nominee receives all accrued corpus as well as additional perks. So, you must include a candidate to your EPF account via EPFO e nomination.
Fortunately, the nomination procedure may be finished without going to the EPFO office and filling out a paper form. Declaring an e nomination EPFO and adding a nominee is simple using EPF India’s official website.
How to include EPF e nomination
To finish the PF e nomination procedure, follow the underlined instructions:
Step 1: is to go to EPFO’s official webpage.
Step 2: Under the ‘Service’ menu, navigate to the ‘For Employees’ area.
Step 3: Log in using your UAN and Password by clicking on ‘Member UAN/Online Service’.
Step 4: Look for the ‘Manage’ button and choose ‘E-Nomination’ under it.
Step 5: The screen will show a ‘Provide Details’ tab. To go on, click ‘Save’.
Step 6. Choose ‘Add family Details’ in Under this you may include many nominations.
Step 7. Enter information including the quantity of shares to be nominated under the name of the new candidate by clicking on ‘Nomination Details’ in To go on to the next stage, save the information.
Step 8: To create OTP, select ‘E-sign’. Your Aadhar card-linked cellphone number receives the OTP.
Step 9: Submit and input the OTP.
Step 10: The new nominee will be added to your EPF account once the OTP is confirmed; e nomination in EPFO will then be completed.
The last candidate included in the most recent e-nomination file for the EPF account shall be regarded as the final nominee. This implies that the prior PF nomination will be canceledled as the new nomination is included.
Deadline for e-nomination filing
From its Twitter account, the Employees’ Provident Fund Organization (EPFO) has announced that EPF account holders may submit e-nomination. The Twitter message states, “As of now, no deadlines have been set for filing e-nominations.” The EPFO published this to clear up any uncertainty about the last day for e-nomination filing in the EPF account. The EPFO has now, however, cleared this.
Who may be nominated to the EPF account?
According to the EPF Act’s requirements, only family members who fit the criteria of “family” under the act are qualified to be included as nominees in the EPF account.
‘Family’ as per the EPF Act
Should the account holder be a male person, his wife, children (regardless of marital status), dependent parents, widow of his deceased son, and her children may be included as nominees.
Should the account holder be a woman, her spouse, children (regardless of marital status), dependent parents, widow of her deceased son, and her children qualify to be included as nominees.
How can Nominees withdraw PF?
Should the EPF account holder pass away, the nominee may simply take the total corpus from the deceased’s PF account. To do that, he or she must send Form G to the appropriate regional PF office.
The legal successor or the nominee might demand PF withdrawal by following the underlined procedures:
The nominee(s) must send Form 56 Public Provident Fund Scheme 1968 to the regional PF office.
Along with Form 56, the following papers have to be sent:
Death certificate of employee
candidate’s death certificate in case there was a prior deceased candidate.
Succession Certificate
Employee’s updated passbook
Date of birth Disclaimer Affidavit Letter of Indemnity evidence of the candidate asserting the PF withdrawal
Two witnesses must sign the Letter of Indemnity for the claimant.
An Oaths Commissioner or a notary should certify Letter of Indemnity, Affidavit, and Disclaimer.
The regional ESI PF Consultant office should get all the above-mentioned papers.
It is quite crucial to include e-nomination to your EPF account. It enables you to protect your saved money and guarantee that the nominee receives the whole amount should you pass away regrettably. Filing e-nomination online gives you the ability to quickly add a nominee to your EPF account without any trouble.
Am I allowed to add many nominations to my PF account?
Certainly, you may include several nominees to your PF account and assign varying share quantities for each one.
How can I update nominee information in my EPF account?
Changing nominee information in your EPF account follows the same procedure as modifying an e-nominee. Go to the EPFO official site and under the ‘Service’ option, select ‘For Employees’. Then log in using the credentials by selecting ‘Member UAN/Online Service’. To go ahead, choose “e-nomination” under the “Manage” option and modify the necessary information. Finish the procedure by creating and sending the OTP obtained on the registered cellphone number.
Is it possible to include e-nomination offline in my PF account?
Certainly, you may change nominees in your PF account offline. To do this, complete PF Form 2 and send it to the appropriate regional PF office. Usually, the offline procedure takes a lot of time. Therefore, the EPFO has provided the e-nomination tool via its official webpage.
What if my PF account lacks a nominee?
Should you fail to include a nominee to your PF account or your PF account lacks any nominee, your family would forfeit several advantages together with the accrued corpus and pension following your death.
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