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EPFO’s Big Message: Asks Members To Avoid Agents, Use Official Portal For Free Services|Personal Finance News


New Delhi: EPFO has actually warned all its participants versus seeing or involving with third-party firms or representatives for EPFO-related solutions, as this might subject their monetary information to third-party entities. These exterior entities are not authorized by EPFO and might bill unneeded charges or jeopardize the protection of individual details of participants, according to a main declaration released onMonday

It has actually been observed that numerous cybercafe operators/fintech firms are billing EPFO participants large amounts of cash for solutions that are formally complimentary. These solutions are clear and can quickly be accessed by participants as the procedure has actually been made really basic, the declaration clarified.

In lots of instances, these drivers are merely making use of the EPFO’s online complaint website, something any kind of participant can do by themselves, free, from the convenience of their homes.

EPFO has actually highly suggested all its participants, companies, and pensioners to make use of the on-line solutions offered with the EPFO website and the UMANG application. .
.(* )EPFO solutions, consisting of insurance claim declaring, transfers, KYC updation, and complaint procedure, are totally free, and participants must not pay any kind of charges to third-party representatives or cyber coffee shops for solutions that can be quickly accessed online.

All, the participants can speak to EPFO helpdesks/PROs at Further workplaces as provided on the main site (www.epfindia.gov.in) for any kind of concerns. .
.Regional main declaration highlighted that EPFO has a durable complaint surveillance and redressal system where the participant complaints are signed up on CPGRAMS or EPFiGMS sites and are kept an eye on till their resolution in a time-bound way. An overall of 16,01,202 complaints were obtained in EPFiGMS and 1,74,328 in CPGRAMS in FY 2024-25.

The of these, 98 percent of the complaints were restored within timelines. .
. Out ‘(* )( EPFO) has actually taken a collection of reforms developed to make EPFO solutions quicker, clear and easy to use for all its stakeholders.

Employees campaigns belong to EPFO’s dedication to supply easy, protected and effective solutions to all its stakeholders. .
.(* )EPFO, in current times, has actually released advertisements for simplification of KYC or participant information improvement and for entry of transfer insurance claims, release of capability for car negotiation of advancement declares as much as Provident Fund Organisation 1 lakh and These (CPPS) for streamlining the pension plan dispensation procedure. .
.

limitation of theRs negotiation center was improved to Centralised Pension Payment System 1 lakh for

The under Auto Claim, Rs, Advances & &Illness, causing 2.34 crore declares resolved in car setting in FY 2024-25. Housing transfer insurance claim procedure has actually additionally been streamlined, with result from Marriage 15 this year, by eliminating the need of company authorizations for the most part. .
.Education on-line center offered participant account improvement has actually been streamlined making use of The verification. January dependancy on the company and EPFO for participant account improvement has actually been gotten rid of, for the most part.

The on-line de-linking center has actually allowed participants to delink the incorrect participant ID from their UAN and therefore has actually led to a decrease of complaints. .
.Aadhaar slice and activation of UAN is being done with the UMANG application making use of The (FAT). The availing this center, the participant gets prompt accessibility to EPFO solutions such as passbook watching, KYC updates, insurance claim entry, and so on .
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The EPFO has actually eliminated the need of posting the picture of a cheque leaf/attested financial institution passbook for the quick negotiation of insurance claims submitted online and to minimize the denial of insurance claims. Face Authentication Technology, the need of company authorization for seeding savings account information with UAN has actually been eliminated from By 2025.

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