EPF stands for the Employees’ Provident Fund, and this is an important factor when it comes to your job. This is a fund that is to be provided by you when your salary starts getting credited to your account. This is a registration for an organization which is known as the EPFO or the Employees’ Provident Fund Organization. The provident fund is a compulsory saving for your retirement which is managed by the government of the country. There are a few things that you should know about this factor when it comes to the registration of the EPF.
Things to Know About EPF Registration Process
- UAN – This is the Universal Account Number, and this will help you to have the money saved up in one account. UAN is something that you will get when you are registered, and the money will be saved here.
- EPF Contribution – The EPF is paid both by the employee as well as the employer of the company. You should know and fix the EPF contribution with your employer.
- Interest Rates of EPF – The interest rates of the EPF is something that you should know about so that you can anticipate as to how much you can expect at retirement.
- Automatic EPF Transfers – Through the new systems and the registration to the EPFO your accounts will be merged, and the transfers will be made in an automatic manner.
- Online Helps– You can also get help from online sites, and this is a beneficial aspect when it comes to EPF registration.
- Withdrawal of the EPF Money – You should also know everything about the withdrawal and how much you can expect to receive per transaction. You can also check as to how to withdraw the money.
- Paperless registration Services – You should also know all about the registration services where you don’t need any hard copies or papers.
- EPF Advances – You can even get the EPF money in advance before the retirement, and you should know about this as well.
Documents Required for the EPF Registration
- Name of the Applicant – The name of the applicant is important, and this is what identifies the applicant.
- Job Proof – He or she has to provide proof of occupation on the documented format.
- ID Proof of the Person – Any form of officially recognized ID proof can be availed from the person.
- Address Proof of the Applicant – The address proof of the person is also important for the registration of the EPFO.
- Office Address of the Applicant – You also have to submit the address proof of your workplace as well.
- Contact Details of the Applicant – The contact details of the applicant is also a must need for the registration.
Step-By-Step Registration Process for the EPF
Step 1: Documentation
The documents that are needed as listed above are to be kept ready before you start the online process. These should be in a soft copy format.
Step 2: Go to https://unifiedportal-emp.epfindia.gov.in/ Link
You can check out the https://unifiedportal-emp.epfindia.gov.in/ for the EPF registration process online.
Step 3: Check for the Registration of New Employer
Then you will find an employer button from there you can find the option for the registration of a new employer.
Step 4: Get the Instructions
After that, you will get a PDF of instructions, and you will read the document and click the check button at the bottom.
Step 5: Register
After that is a process of registration. This is the place where you fill up the form for the registration, and then you submit it.
Step 6: Fill in the Fields
You should fill in all the fields which are marked red and then you may or may not fill the rest of the blanks of the application.
Step 7: Generate the PIN
You will have a PIN generated for you, and after that, you will have the confirmation email to your account.
These are the various things to know about the EPF registration process. The online registration is the best way to register, and this is one of the best ways to do it.