For all employees with an EPF account, there is an important new compliance requirement: completing the EPF e-nomination process is now mandatory. This update, initiated by the Employees’ Provident Fund Organization (EPFO), aims to ensure a smoother and more secure process for PF claims and benefit transfers.
Why Is e-Nomination Mandatory?
The EPFO introduced this mandate to protect not just the account holders but also their families and nominees. With a valid e-nomination in place, the PF amount along with accrued interest can be easily transferred to the rightful nominees without delays or legal complications. This move also prevents claim rejections often caused by missing or unclear nomination details, which can otherwise complicate the withdrawal or pension process.
Also Read- How to Check PF on Mobile? Learn How to View Your PF Balance Without a PIN
How to Complete EPF e-Nomination
Updating or adding e-nomination details is a straightforward process handled completely online via the EPFO’s member portal. Here’s how to do it:
- Log in to the EPFO member portal using your Universal Account Number (UAN) and password.
- Go to the ‘Manage’ section and click on ‘E-nomination’.
- Select ‘Enter new nomination’ and fill in nominee details such as name, Aadhaar number, relationship, and bank account information.
- Assign the percentage share of your PF to each nominee.
- Verify the details and confirm the nomination by e-signing using your Aadhaar or Virtual ID.
It is recommended to update your nominations following major life events like marriage, childbirth, or changes to your family’s circumstances to ensure the PF proceeds go to the correct individuals.
Key Takeaways
- There is no fixed deadline, but making your nomination early helps avoid difficulties during claims.
- You can add or update multiple nominees with flexible share percentages.
- Each new nomination submission replaces the previous one, so make sure the complete and up-to-date list of nominees is submitted.
