EPFO: EPFO has provided some good news for its account holders. EPFO has once more prolonged the deadline for activating UAN and linking Aadhaar. EPFO, meaning Employees Provident Fund Organization, has pushed the deadline for activating Universal Account Number (UAN) and linking Aadhaar to 15 January 2025. Previously, the final date was 15 December 2024. And before that, this deadline was set for 30 November 2024, but it was subsequently postponed to 15 December 2024. Once more, it has been prolonged to 15 January 2025.

What EPFO has been said to members?

This data has been shared by EPFO members on social media platforms. EPFO stated in its post, “Dear Employers, the deadline for UAN activation and Aadhaar update in bank accounts has been extended to 15 January.” For every employee who has come on board in the ongoing financial year, to ensure they receive the advantages of the Employment Linked Incentive Scheme.

Why the linking process is important to complete?

It is essential for employees seeking financial advantages under the ELI scheme to activate their Universal Account Number (UAN) and connect their bank account with Aadhaar. This process is achieved via Direct Benefit Transfer (DBT), allowing employees to receive their benefits directly into their bank accounts.

Relief to employees

The deadline’s extension has provided significant relief to employees who had yet to finish the process. EPFO has urged all employers to promptly activate their employees’ UAN and to connect Aadhaar with their bank accounts.

We would like to inform you that the ELI scheme was launched by Finance Minister Nirmala Sitharaman in the budget presented in July 2024. Its goal is to generate new job opportunities and offer financial support to the workers.

Latest News