UAN is an abbreviation of ‘Universal Account Number’. Generally this number contains 12 digits, this number is unique in nature. This number is being assigned to everyone who owns PFA (Provident Fund Account) and one who is contributing to the ‘Employee Provident Fund’. UAN (universal account number) Number is being issued by the Ministry of Employment and Labour under the Government of India.
Why UAN is being introduced?
Universal Account Number was
introduced to improve the mechanism of EPFO from the way it used to work. Prior
UAN, employees were assigned to a new PF number while changing the job. Which
means if you change your job 5 times, every time you are supposed to given new
PF number to claim your fund.
Now the introduction of UAN
provides ease to the employees as well as organizations. So, there is no need
of new account number, you just have to give your Universal Account Number at
the time of claiming your PF.
What are the benefits of Universal Account Number?
Tracking: now you can track your PF
account if the entity made any changes in your Provident Fund details during
KYC become easy: it reduces your
dependency on your employers to furnish your personal details. You can manage
your details on your own.
Transaction: with the introduction of
UAN whole process has turned into online process. So you can check your balance
and resolve any query related to your account sitting at one place.
Assurance: UAN ensures that each PF
account is genuine.
Less involvement of Employer: with the
introduction of UAN, the PF of the Old organization will be transferred to the
new PF account after completion of KYC verification.
Easily Manageable: Now employees
receive SMS alert whenever the contribution is made by the employer once you registered
at the UAN portal.
How Universal Account Number made easy to manage EPF?
UAN is very helpful in many ways
in managing PF account
UAN is being made portable for employee’s entire
You just need to give your UAN details to your
various employers, because all your accounts are linked to single UAN.
You can easily download your UAN card by just
registering at the EPFO member portal.
You just need to upload your KYC documents on
the portal and employer will verify them.
Using your UAN you can check your balance by
downloading the passbook.
How do you get to know your UAN?
You can get to know your UAN in
Through the Employer
Generally, you can easily get
your Universal Account Number from the employer, who is allotted by the EPFO.
Many employers print the UAN number in salary slip.
Through UAN portal
Sometimes it is possible that you
won’t get your Universal Account Number from the employer, in that situation
you can get it from the UAN portal itself. To get it from the portal you need
to follow some following steps:
Step1: Go to the UAN portal through the following link