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HomePersonal FinanceEPFO Members: Big news! Government is giving 7 lakh rupees for free,...

EPFO Members: Big news! Government is giving 7 lakh rupees for free, just have to do this small work, know details

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Government Scheme: If you are also employed and your PF is deducted, then you have a chance to get the benefit of Rs 7 lakh.



In fact, many types of facilities are given to the employed people by the Employees’ Provident Fund Organization (EPFO). Under this, EPFO ​​is giving full benefit of Rs 7 lakh to its account holders. If you are an EPFO ​​subscriber then you too can easily take advantage of this scheme.

The Employees’ Provident Fund Organization has appealed to its account holders to get e-nomination done at the earliest. If you do not do this, then you may lose Rs 7 lakh. For this, you have to fill a cable form, after which you can also take advantage of this scheme. The special thing is that this facility is available to the customers for free. No contribution is required for this.

According to the information provided by the EPFO, ‘All the subscribers of the EPF are covered under the Employees’ Deposit Linked Insurance Scheme, 1976 (EDLI). Under the EDLI scheme, free insurance cover of up to Rs 7 lakh is available on every EPF account. Let us tell you that if the member dies without any nomination, then it becomes difficult to process the claim. Let us know how you can fill the nomination details through online medium.

This is how e-nomination can be done (epfo e nomination)

  1. You have to first go to the official website of EPFO ​​https://www.epfindia.gov.in/.
  2. Here you have to first click on the ‘Services’ option.
  3. After this you have to click on ‘For Employees’ here.
  4. Now click on ‘Member UAN/Online Service (OCS/OTCP)’.
  5. Now log in by entering UAN and password.
  6. After that in the ‘Manage’ tab select ‘e-Nomination’.
  7. After this the ‘Provide Details’ tab will appear on the screen, click on ‘Save’.
  8. Click on ‘Yes’ to update the family declaration.
  9. Now click on ‘Add Family Details’. More than one nominee can also be added.
  10. Click on ‘Nomination Details’ to announce how much amount will come in the share of which nominee. After entering the details click ‘Save’.
  11. Click on ‘EPF Nomination’.
  12. Click on ‘e-Sign’ to generate OTP. OTP will be sent to the mobile number linked with Aadhaar.
  13. Enter the OTP in the specified space and click on submit.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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