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HomePersonal FinanceEPFO Alert: Big NEWS! Add nominee’s name to your PF account today...

EPFO Alert: Big NEWS! Add nominee’s name to your PF account today or else there will be a loss of Rs 7 lakh, know details quickly

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It is very important for EPFO ​​members to do e-nomination. EPF account holders get many benefits through e-nomination. EPFO through its recent tweet has informed the members about the benefits of e-nomination.



New Delhi. EPFO, the pension management organization for the salaried people, is giving a lot of emphasis on e-nomination. EPFO is also motivating its members to fulfill it by telling its members the benefits of e-nomination under the Azadi Ka Amrit Mahotsav campaign. The purpose of EPFO ​​behind e-nomination is to provide social security to the family of its members. EPFO has also made a tweet for its members to tell about the benefits of e-nomination.

EPFO’s tweet

EPFO, through its recent tweet, has informed the members about the benefits of e-nomination. If you have not nominated anyone in your EPF account, then you will also have to face problems. If the nominee is not added, there is a problem in withdrawing money from the PF account.

Benefits of e-nomination

On making e-nomination, the EPF member gets three big benefits. Firstly, if the account holder dies due to any unforeseen circumstances, the claim can be settled online.

Second, the pension and insurance (up to Rs 7 lakh) along with PF are paid online to the created nominee. EPFO gives some social security benefits to its members and their families. In this, under the Employee Deposit Linked Insurance Scheme (EDLI), the nominee gets a sum insured of up to Rs 7 lakh in the accidental death of the account holder. If you have not done e-nomination then your family will not get the benefit.

The third big advantage is that all types of claims will be settled immediately and paperless.

How to do e-nomination

  • First of all go to EPFO website
  • Then login by entering your UAN and Password
  • Go to the manage section and click on the link e-nomination
  • Submit the name of the nominee, photo and other details

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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