The government can put the interest of PF in the account of the subscribers till 30 September. In such a situation, if you have also changed jobs and have not merged the PF account of the previous company with the new account, then do this work soon. Otherwise you will suffer big loss.
Nowadays, the number of employees working for a long time in the same company is less. People change jobs very quickly. On joining a new company, a new PF account starts without changing the UAN. But the PF account of the previous company is not automatically added to the new account. In such a situation, if the employees do not merge the PF of their previous company, then they lose interest.
According to the news going on in the media, the government is going to put the PF interest in the account of the subscribers by 30 September. In such a situation, if you have also changed jobs and have not merged the PF of the previous company, then do this work soon. The PF of the previous company has to be added by visiting the EPFO website. If you do not do this then you will get interest on the reduced balance.
How to merge PF account
- To merge two existing EPFO accounts, visit the official website of EPFO.
- Go to Services tab and click on One employee – One EPF account.
- On clicking, a form will open for merging EPF account.
- Enter the registered mobile number here.
- After that enter UAN and current member ID.
- After filling all these details, an OTP will be generated for authentication. Which will come on your registered mobile number.
- Enter OTP. Now the old PF account will be visible. Enter the old PF account once and accept the declaration.
- Now click on submit. By doing this your request will be accepted.
- After verification, your PF account will be merged in a few days.
UAN must be activated
To merge two PF accounts, your UAN must be activated. You can activate UAN online. For this you have to visit the official website of EPFO https://unifiedportal-mem.epfindia.gov.in/memberinterface/. Here you have to click on Activate UAN Tap. After this you have to enter UAN, date of birth, mobile number. On doing this the authorization pin will be generated. After entering the PIN, your UAN will be activated.
