PF Nominee: Employees Provident Fund Organization helps in providing social security to employed persons by depositing a small part of their salary in PF account.
Image Credit source: Representational Image
EPFO Nominee Change Online: If you want to change the nominee in your EPF account and you do not know the complete method, then here we are giving you complete information about it. That’s how you can change the nominee in the EPF account. Employees Provident Fund Organization (EPFO) helps in providing social security to employed persons by depositing a small part of their salary in PF account. This fund can be withdrawn in case of retirement or emergency.
If the EPF account holder dies before retirement, his family can claim the amount deposited in the PF account under the EDLI scheme and get insurance up to Rs 7 lakh. EPFO advises subscribers to complete the e-nomination process in their account to ensure that their nominees can avail these benefits without any difficulty.
EPFO allows account holders to change the name of their nominee as many times as they want, giving them the flexibility to manage their account effectively. There are many benefits of the enrollment process, which include easy access to social security schemes like PF, Pension and Insurance (EDLI). If an account holder dies, his nominee can claim the death benefit in respect of the account immediately.
Nominee can be changed like this
- To complete the e-enrollment process, account holders can visit the EPFO website.
- Login using your UAN number and password and navigate to the Manage section to start the process.
- The website will ask the users to provide all the details of their nominee, which they can do by clicking on the submit button.
- After entering the details, the account holder can add a new nominee by clicking on the option for family details and save the nomination.
- To complete the process, they have to e-sign and enter the OTP received on their Aadhaar linked mobile number.
Nominee can be changed as per requirement
There are many benefits of completing the e-enrolment process. There is no time limit for adding a nominee in the PF account and the account holders can change the nominee as per their requirement. By adding the name of your nominee to your EPF account, the account holder can easily access social security schemes like PF, Pension and Insurance (EDLI) and pass on the benefits of the account to your nominee. Completing the e-enrolment process is a simple and effective way of ensuring this. From this you can get benefits without any difficulty.
: Language Inputs