Hurry, it is the last day to activate the Universal Account Number (UAN) and link Aadhaar to bank accounts under the Employment Linked Incentive (ELI) scheme. EPFO has set January 15, 2025, as the last date. It is crucial for employers to prioritise UAN activation and Aadhaar linkage, especially for employees hired in the current financial year.
Activating the UAN is essential to accessing a range of online EPFO services. A UAN, which is a 12-digit number assigned to eligible employees, allows users to:
The ELI scheme aims to encourage formal-sector employment and facilitate direct benefit transfers (DBT) to employees’ Aadhaar-linked bank accounts. To be eligible for these benefits, employees must have both an activated UAN and an Aadhaar-seeded bank account.
New EPF members can activate their UAN online by following these steps:
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Jan 15, 2025, 10:00 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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