The Employees’ Provident Fund Organisation (EPFO) has extended the deadline for Universal Account Number (UAN) activation and linking bank accounts with Aadhaar to February 15. This step is crucial for employees to avail of benefits under the EPFO’s Employment Linked Incentive (ELI) Scheme.
Introduced in the Union Budget for 2023-24, the ELI scheme aims to generate over 20 million jobs within two years by promoting formal-sector employment.
The scheme consists of 3 components:
Follow these steps to activate your UAN through the EPFO portal:
The extension of the UAN activation and Aadhaar linking deadline to February 15 highlights the importance of these steps in accessing the EPFO’s online services and benefiting from the Employment Linked Incentive (ELI) Scheme. By activating UAN and linking it with Aadhaar, employees can ensure seamless management of their Provident Fund accounts and avail themselves of various benefits, including direct benefit transfers.
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Published on: Feb 15, 2025, 4:54 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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