If you have recently changed your job, then this news is for you. You should merge PF account. The process of merging PF accounts is easy and can be completed online from the comfort of your home.
New Delhi. Whenever an employee of a private company changes his job, a new EPF account is opened by his employer. However, the old UAN number is used while opening it. If you are also a PF account holder and you have two or more accounts, then you should merge the PF account. The process of merging PF accounts is easy and can be completed online from the comfort of your home. After merging PF accounts into one, the amount of interest received will be more.
If you join a job in a new company and give your old UAN number, then your old account cannot be linked under the new account. This means that the funds deposited in the old account will not be credited to the new account. In such a situation, it is necessary to merge the PF account to add the old fund to the new account. For this you have to visit the official website of EPFO. Here you have to go to the services and give some information step by step. Let us know what is the whole process of merging PF account…
How to merge PF account?
- Sign in to the EPFO website at https://www.epfindia.gov.in/site_en/.
- Go to the homepage and click on My Account.
- Select Merge Accounts under Account Details on My Account.
- On the Merge Accounts page, enter the details of the accounts you want to merge into your new account.
- After filling the complete details, you will get OTP for verification on the registered mobile number.
- OTP will come on your registered mobile number, as soon as you enter the OTP number, your old PF accounts will start appearing.
- If you have multiple bank accounts linked to your EPFO account, choose which one you want to use as your new active bank account.
- After filling these information save and then close.
- Your new merged EPFO account will be created and activated after verification.