BUSINESS

How To Get A Dormant EPF Account Unblocked

The Employee Provident Fund (EPF), a retirement savings plan for workers in the organized sector, was created by the Indian government. The workers’ Provident Fund Organization (EPFO) created the EPF plan, to which workers of participating companies pay a certain percentage of their monthly earnings. But sometimes, an individual’s EPF account becomes inactive or inoperative if they are unable to make contributions for three years or more because of retirement, relocation overseas, or death.

Nonetheless, by going to the official website, owners of EPF accounts may quickly unlock their accounts. The EPFO has put into effect a new SOP that allows users to unlock their EPF accounts. In accordance with SOP, customers must verify that their KYC information is current before unblocking their EPF accounts. This indicates that the identification of the account holder and pertinent paperwork, such as the bank account data, PAN card, and Aadhaar card, have been validated. This is a crucial step that preserves the user’s EPF account security. After completing the KYC, individuals may follow these steps to unlock their EPF account:

Step 1: Visit www.epfindia.gov.in, the Employee Provident Fund’s (EPF) official website.

Step 2: Using the login credentials, access the account is the next step.

Step 3: Next, go to the “Help Desk” area.

Step 4: Select “Inoperative Account Assistance” by clicking.

Step 5: The last step is to confirm your identification by following the website’s instructions, after which you should ask for help.

Additionally, EPF account holders will have the option to withdraw their funds both online and offline. Additionally, people have the option to check their EPF balance online by connecting to the Umang application or the official webpage. Additionally, the Employees’ Provident Fund Organization (EPFO) offers a single member site where users may see their EPF passbook, current available amount, and other details. Up to the age of 58, all account holders with an EPF account are now eligible to receive interest on their balance.

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