In the event of a subscriber’s sudden demise, only the nominated members can withdraw the EPF savings
EPFO or Employees’ Provident Fund Organisation allows subscribers to assign a nominee online. EPFO is the nodal agency to monitor EPF (Employees’ Provident Fund) contributions, which is a mandatory contribution from the salary of an individual. The nomination details can be submitted through the retirement fund body’s website, unifiedportal-mem.epfindia.gov.in. In the event of a subscriber’s death, only the nominated members can withdraw the EPF savings. Subscribers can also nominate more than one person, and also fix the percentage for each nominee.
(Also read: How to check provident fund account balance online)
Here are the steps to file EPF account’s nomination details online:
1. Log on to EPFO’s website, unifiedportal-mem.epfindia.gov.in, and enter your UAN (Universal Account Number) and password to login.
2. Click on “manage” tab and then click on e-nomination option.
(Also read: How to apply for provident fund withdrawal online)
3. You’ll be directed to a page where you need to choose “yes” or “no” to update family declaration.
4. After that, go to “add family details” and add the details of members you want to nominate. You need to enter the name, date of birth, relation and address of the nominee and Aadhaar number. You can also add more than one nominee by clicking on “add row”. In case, you want to nominate only one person as your nominee then you can declare 100 per cent as share.
Aadhaar based e-signing is used here for digital signing of the nomination form. One doesn’t need to send any physical document to the employer or ex-employer after the online nomination is done.
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