EPFO members attention! You can transfer your PF account without employer approval – Here’s how!

The Employees’ Provident Fund Organisation (EPFO) will now allow members to transfer their PF accounts without routing online transfer claims through their past or present employers in specific cases.

To ensure ease of doing for its members, the process has been simplified for transfer of PF account on change of jobs wherein the requirement to route online transfer claims through either the previous or current employer has been removed in majority of cases. “With the introduction of the revised process, it is expected that in future over 1.20 crore out of 1.30 crore total transfer claims i.e. 94% of the total claims would be directly forwarded to EPFO without requiring the employer’s intervention,” the Labour and Employment Ministry said in a statement on January 19.

After implementation to this revised procedure, transfer claims will be processed directly by EPFO, speeding up the service for members, the government said. “These reforms will not only streamline processes but also help build greater trust and confidence in EPFO services,” it added.

Also read: Pension Guidelines: Major update for THESE pensioners! New rules for name and DoB changes in PPO

However, this simplification process will not be applicable in certain cases. Below are the scenarios where simplification applies:

Same UAN with Aadhaar Linkage (Post-2017):

If transfers are between member IDs linked to the same UAN (issued on or after October 1, 2017) and Aadhaar, employer approval is no longer required.

Different UANs with Aadhaar Linkage (Post-2017):

Transfers between member IDs associated with different UANs (issued on or after October 1, 2017) and linked to the same Aadhaar can now be processed directly.

Same UAN with Aadhaar Linkage (Pre-2017):

Transfers between member IDs linked to the same UAN issued before October 1, 2017, are eligible, provided the UAN is linked to Aadhaar, and the member’s name, date of birth, and gender are consistent across Member IDs.

Different UANs with Aadhaar Linkage (Pre-2017):

Transfers between member IDs associated with different UANs (where at least one was issued before October 1, 2017) and linked to the same Aadhaar can also be processed, as long as member details match across IDs.

How will this simplification process help EPFO members?

This reform simplifies the PF transfer process, reduces delays and ensures a seamless experience for employees changing jobs.

 » Read More

Related Articles

RailTel Corporation of India Share Price Today Live Updates, 27 Feb, 2025: RailTel Corporation of India on the radar

Go to Live UpdatesRailTel Corporation of India Share Price Today Live Updates, 27 Feb, 2025: The RailTel Corporation of India share is in news and the counter closed trade on 25 Feb, 2025 at Rs 307.55. The shares touched intraday high of Rs 311.25 in the last trading session while the intraday low was at

Wipro Share Price Today Live Updates, 27 Feb, 2025: Wipro on the radar

Go to Live UpdatesWipro Share Price Today Live Updates, 27 Feb, 2025: The Wipro share is in news and the counter closed trade on 25 Feb, 2025 at Rs 291.3. The shares touched intraday high of Rs 296.3 in the last trading session while the intraday low was at Rs 290.15. The company’s market capitalization

Sensex Nifty Today | Stock Market LIVE Updates: Markets flat; Nifty at 22,550, Bank Nifty outperform

Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: The key Indian equity indices opened on a higher note on Thursday. The Nifty 50 was up 31 points or 0.14% at 22,578. The BSE compiled Sensex was up 103 points or 0.14% at 74,705.95. The Bank Nifty opened 163 points or 0.34% higher

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

RailTel Corporation of India Share Price Today Live Updates, 27 Feb, 2025: RailTel Corporation of India on the radar

Go to Live UpdatesRailTel Corporation of India Share Price Today Live Updates, 27 Feb, 2025: The RailTel Corporation of India share is in news and the counter closed trade on 25 Feb, 2025 at Rs 307.55. The shares touched intraday high of Rs 311.25 in the last trading session while the intraday low was at

Wipro Share Price Today Live Updates, 27 Feb, 2025: Wipro on the radar

Go to Live UpdatesWipro Share Price Today Live Updates, 27 Feb, 2025: The Wipro share is in news and the counter closed trade on 25 Feb, 2025 at Rs 291.3. The shares touched intraday high of Rs 296.3 in the last trading session while the intraday low was at Rs 290.15. The company’s market capitalization

Sensex Nifty Today | Stock Market LIVE Updates: Markets flat; Nifty at 22,550, Bank Nifty outperform

Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: The key Indian equity indices opened on a higher note on Thursday. The Nifty 50 was up 31 points or 0.14% at 22,578. The BSE compiled Sensex was up 103 points or 0.14% at 74,705.95. The Bank Nifty opened 163 points or 0.34% higher

GIFT Nifty indicates subdued start on Thursday; Asian indices higher

GIFT Nifty was trading flat to slightly higher today implying a subdued start for the markets on Thursday. It took hints from the Asian markets and the overnight gains in the US markets, which were led by Nvidia. Japan’s Nikkei 225 rose 0.12% at 38,193. The Asia Dow was trading 1.5% higher at 3,870.98. However

How will markets open today? Nvidia earnings and 6 other important cues ahead of trading on February 27

The GIFT Nifty indicated that the Indian equity indices will open a slightly higher note as they take indications from early trading Asian indices. The US markets closed the session on a positive note led by tech stocks.  Previously, on Tuesday, the NSE Nifty 50 finished the session 6 points or 0.03% lower at 22,547.55