#NewDelhi: Whether it’s a savings account or an FD or a bank locker, it’s important to have a nominee. In the same way, it is very important to have a nominee for EPF account Nominations need to be made for EPF and EPS (Employee Pension Scheme) so that in case of untimely death of EPFO member, the money is received at the time of nomination.
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Start e-nomination-EPFO has started e-nomination facility to provide information of nominees Here the name of the nominee, date of birth and other information can be updated online
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Benefit of Rs.
EPFO Members Insurance cover is covered under Employee Deposit Linked Insurance Scheme (EDLI Insurance cover). The nominee of the scheme gets the benefit of insurance cover up to a maximum of Rs. 6 lakhs If the EPF account holder dies without nomination, the claim process will be more difficult. Take a look at how to fill up the nomination details online?
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How to add the name of the nominee?
1. First go to EPFO website and click on >> Services >> For Employees >> Member UAN / Online Service
2. Login with UAN and Password
3. Click on E-Nomination in the Manage Tab
4. The Provide Details tab will open on the screen There you have to click on Save
5. Click Yes to update Family Declaration
. Add Family Details
. Click on Nomination Details to know how the share of deposit will be divided among multiple nominees Now click on Save EPF Nomination
. To get OPT, you have to click on E-sign OTP will come to the mobile number linked with Aadhaar just by clicking
Tags: EPF e nominations, EPFO Account
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