Steps to Aadhaar OTP based UAN Activation: There is job news for private sector employees. If people with private jobs are not able to complete this work in time, then they will be deprived of the benefits available to EPF members as well as the very beneficial scheme to be introduced soon by the Government of India. To create new jobs for the youth and for employment formalization, the government is soon going to launch Employment Linked Incentive Scheme, a very beneficial scheme for both the employer i.e. company and employee. Employment Linked Incentive Scheme, which was announced by Finance Minister Nirmala Sitharaman in the full budget in the year 2024. ELI scheme is going to be launched soon.
EPFO will have the responsibility of managing the ELI scheme. Under the new scheme of the Central Government, new employees will get grant i.e. incentive. This incentive will go directly into the accounts of eligible beneficiaries. To get this, employees are required to activate the Universal Account Number i.e. UAN number through Aadhaar based OTP and link Aadhaar to the bank account. Aadhaar based UAN activation process is very easy.
Also read: Bank Holidays: Many big festivals including Lohri, Makar Sankranti, Pongal will fall in January, banks will remain closed for so many days in the initial month of the new year.
Activate your UAN number like this
- First of all go to the official website of EPFO, epfindia.gov.in.
- Now click on For Employees in the Services section visible on the left side of the screen.
- Click on Member UAN Online Service (OCS OTCP) visible at the second place in the Services column on the left. Or if you want, you can also go directly to the Unified EPF Member Portal unifiedportal-mem.epfindia.gov.in.
- Here click on Activate UAN visible in the important link on the right side.
- Now fill the required details like 12 digit UAN and Aadhaar number, name, date of birth, Aadhaar linked mobile number, captcha code. After this click on the check box of the declaration given below. Now click on the Get Authorization Pin button seen below.
- Fill the OTP received in the Aadhaar linked mobile number and click on the submit button.
- In this way your UAN has been activated.
- On successful UAN activation, a password will be sent to your Aadhaar linked mobile number.
- Now log in by filling the captcha code with the help of UAN and password.
- Finally, change your password by following the instructions given. Now your UAN number has been completely activated.
Also read: Payment Trends: These will be the top 5 trends for payment in the year 2025, AI will also have a special contribution
UAN activation provides many benefits
UAN activation is necessary not only for direct benefit transfer but also for all the services of EPFO like viewing and downloading passbook, filing claim online, tracking claim and updating personal details etc.
Also read: EPFO Deadline Extended: Deadline for UAN activation and Aadhaar linking extended again, complete the necessary work to get the benefit of ELI scheme.
Recently EPFO extended the deadline for UAN activation
This month, through a circular issued on 20 December 2024, EPFO extended the deadline for all employees to acquire UAN numbers and link Aadhaar with bank accounts from 15 December 2024 to 15 January 2025. Earlier this deadline was 30 November 2024, which was later extended till 15 December 2024. With the recent decision of EPFO, those new employees who want to avail the benefits of ELI scheme have got additional time to activate the UAN number and link Aadhaar to their bank account.
ELI Scheme: What is it?
The central government has launched the Employment Linked Incentive (ELI) scheme in the budget of 2024. This scheme includes three types of schemes, A, B and C. The objective of all three schemes is to promote employment generation and to provide financial assistance to new employees.
Also read: Income Tax Rule Changes 2024: There have been many important changes in the Income Tax rules, these things will have to be kept in mind while filing returns in 2025.
ELI Scheme: Scheme A
This scheme is for those who start work in the formal sector for the first time. Under this, benefits will be given directly to new employees registered in EPFO. The government will pay their one month’s salary in three installments, which will be up to a maximum of Rs 15,000. The eligibility limit for this scheme has been fixed at Rs 1 lakh monthly salary.
ELI Scheme:Plan B
This scheme is to promote additional employment in the manufacturing sector. In this, the government will give incentives on EPFO contribution of new employees and employers for the first 4 years.
ELI Scheme:Plan C
The objective of this scheme is to create additional employment generation i.e. employment in all sectors. For those employees whose monthly salary is up to Rs 1 lakh, the government will reimburse the contribution of up to Rs 3,000 per employee for 2 years to the employers.
Also read: Flipkart Sale: Opportunity to buy TVS iQube electric scooter cheaply, discount up to Rs 20 thousand is available in Flipkart sale.
Let us tell you that EPFO is an important organization that arranges financial and social security for the future of the employees. Through the schemes of EPFO, lakhs of employees are getting financial security for their future. This organization helps in providing a secure and stable financial future to the employees for their future.