Attention is invited to Circular No. ELI/UANActivation/2024 dated 22nd November 2024 ensuring the Activation of UAN by the employees including SEEDING of Bank Account Linked with Aadhar for availing the benefit under the Employment Linked Incentive (ELI) Scheme announced in Union Budget 2024-25, as announced by the Government of India in the last Finace Budget. With the guidance issued it seems to be very clear that ELI shall be passed on directly to the bank account of the members under Direct Benefit Transfer (DBT) rather than passing on the amount to the establishment. We will have to wait to get the confirmation till the time new processes are published by EPFO.
In the communication sent across to the registered establishment it has been advised that In the first stage, employers are required to complete the process of UAN activation through Aadhaar-based OTP for all their employees joining in the current financial year by 30th November 2024, starting with the latest joiners and lately for all the employees.
The activation process can be completed using an Aadhaar-based OTP (One-Time Password) by following the steps given below:
- Go to EPFO Member Portal.
-
Click on the "Activate UAN" link under "Important Links".
-
Enter UAN, Aadhaar number, name, DOB, and Aadhaar-linked mobile number.
-
Employees should ensure their mobile number is Aadhaar-linked
-
Agree to Aadhaar OTP verification.
-
Click "Get Authorization PIN" to receive an OTP on your Aadhaar-linked mobile number.
-
Enter the OTP to complete the activation
-
A password will be sent to your registered mobile number upon successful activation.
Thank you for reading. We hope the information was helpful to you!
Team SGC Services
NOIDA | DELHI | MUMBAI | BANGALORE
#TeamSGC #SGCSERVICES #PayrollOutsourcing
Visit us: www.sgcservices.com
