
Saturday Feb 05, 2022
Universal Account Number
Universal Account Number or UAN is generated and allotted by Employee Provident Fund Organization which is authenticated by the Ministry of Labor and Employment, this unique code is provided for every employee who is contributing to the EPF, by the government of India. As EPF service is operated online UAN is very important as the whole process is linked to the unique number with UAN the individual can access his/her personal PF account for services like withdrawal. to check the EPF balance by self, and application for a loan could be very easy with the help of UAN.
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What are the Features of UAN?
- UAN Number is permanent (remains same) for the employee even if the employee changes the job, but the employee will be provided with the new Member ID when the employee switches to a new job.
- UAN keeps track of how many times the employee changes the job.
- It helps in getting access to the bank and KYC of the employee with EPFO.
- It has reduced the number of withdrawals from EPF with the introduction of UAN.
- It makes the easy verification of the employee for the company and organization.
What is the procedure to get the UAN?
- The individual can get UAN by 2 methods one is from the employer, and it is found on the salary slips itself, from where the employee can get the UAN.
- The other method is one can get from the UAN portal.
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