EPFO: The Employees Provident Fund Organization (EPFO) has announced an extension of the deadline for linking Aadhaar with bank accounts to 15 March 2025. This extension allows employees to benefit from the Employment Linked Incentive (ELI) scheme. Previously, the deadline was set for 15 February 2025, but EPFO has made several extensions. To access the benefits under the ELI scheme, employees must activate their Universal Account Number (UAN) and link it to their bank account using Aadhaar.
This procedure facilitates seamless transactions and ensures proper fund disbursement. The Government of India introduced the Employment Linked Incentive (ELI) scheme in the 2024-25 budget, aiming to enhance employment opportunities across the nation. The government has established a goal of generating 20 million jobs within the next two years. To receive cash benefits from this scheme, employees must activate their UAN and link it with their Aadhaar and bank account.
Instructions for activating UAN:
1. Log in to the EPFO member portal.
2. Select the ‘Activate UAN’ option.
3. Enter your UAN, name, date of birth, mobile number, and Aadhaar number.
4. Complete the captcha code.
5. Click on ‘Get OTP’.
6. Enter the OTP received on your mobile device.
7. Confirm the OTP to activate your UAN.
Steps to link KYC details with UAN:
1. Log in to the EPF member portal.
2. Select the “KYC” option from the Home Page.
3. Choose the details you wish to add (such as PAN, Bank Account, Aadhaar, etc.).
4. Fill in the necessary information and click “Save”.
5. Your request will be listed under “Pending KYC approval”.
6. Once approved by the employer, it will be updated to “Digital Approved by Employer”.
7. After verification by UIDAI, it will display as “Verified by UIDAI”.