When a person changes his/ her job they are required to transfer their EPF account from the old employer to the new employer.
A Provident Fund is the retirement fund for employees and is an important investment option as it comes with assured fixed return and social security. Every employee of a company has a 12-digit Universal Account Number (UAN) alloyed by the company. The EPF is managed by the Employees’ Provident Fund Organisation (EPFO).
When a person changes his/ her job they are required to transfer their EPF account from the old employer to the new employer. The process for doing is quite simple and recently EPFO had even saved the steps on their official Twitter handle.
Know how to transfer EPF online
— EPFO (@socialepfo) April 9, 2021
जानिए कैसे करें ईपीएफ ऑनलाइन ट्रांसफर#EPFO #SocialSecurity #HumHainNa pic.twitter.com/5wqGwidYu1
Here are steps by EPFO to transfer your EPF account:
1. Visit Unified Member Portal
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Visit the ‘Unified Member Portal’ at unifiedportal-mem.epfindia.gov.in and login with your UAN and password.
2. Go to online services
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Now, go to the ‘Online Services’ option and click on ‘One Member- One EPF Account (Transfer Request)’ tab.
3. Verify information
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Now, verify your personal information and PF account for your present employment.
4. Click on get details
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Click on the ‘Get Details’ option. Now PF account details of your previous employment will appear.
5. Attesting form
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For attesting form, you have to choose either your previous employer or your current employer.
6. Get OTP
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Now, click on ‘Get OTP’. You will receive an OTP on your registered account number.
7. PF account transfer complete
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Enter the OTP and click on ‘Submit’. Your online transfer for PF account will now be complete.
