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Deadline To Activate UAN And Link Aadhaar To Claim ELI Benefits Ends Tomorrow: Check The Key Details

29 November 20243 mins read by Angel One
The deadline for activating your Universal Account Number (UAN) and linking it with Aadhaar to avail of Employment-Linked Incentive (ELI) scheme benefits is November 30, 2024.
Deadline To Activate UAN And Link Aadhaar To Claim ELI Benefits Ends Tomorrow: Check The Key Details
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Deadline Nears for UAN Activation and Aadhaar Linkage

The Employees’ Provident Fund Organisation (EPFO) has mandated the activation of the Universal Account Number (UAN) and Aadhaar linkage by November 30, 2024. This requirement is crucial for employees and employers to access the benefits of the Employment-Linked Incentive (ELI) scheme, introduced in the Union Budget 2024 by Finance Minister Nirmala Sitharaman. The scheme aims to promote formal-sector employment and operates through three components: Scheme A, Scheme B, and Scheme C.

 

A key feature of the ELI scheme is the Direct Benefit Transfer (DBT) mechanism, which disburses benefits directly to employees’ Aadhaar-linked bank accounts. To ensure seamless implementation, the Ministry of Labour & Employment issued a reminder on November 21, urging employers to prioritize activating UANs for their most recent hires.

Benefits and Steps for UAN Activation

  1. A UAN is the gateway to numerous EPFO services, making its activation critical for all employees. Once activated, employees can:

 

  1. View and download their Provident Fund (PF) passbooks.

 

  1. Submit claims for withdrawals or advances online.

 

  1. Update personal information.

 

  1. Track claim statuses in real time.

 

To activate your UAN and link it with Aadhaar, follow these steps:

 

  1. Visit the EPFO Member Portal.

 

  1. Click on ‘Activate UAN’ under the ‘Important Links’ section.

 

  1. Enter your UAN, Aadhaar number, date of birth, and Aadhaar-linked mobile number.

 

  1. Choose Aadhaar OTP verification and click ‘Get Authorization PIN’.

 

  1. Enter the OTP received on your mobile. Once verified, you will receive a password for logging in.

 

Conclusion: The November 30, 2024, deadline for UAN activation and Aadhaar linkage is a crucial step toward securing the benefits of the ELI scheme. By taking swift action, both employers and employees can ensure compliance and enjoy the streamlined services offered by the EPFO.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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