Hi,

There are various benefits for introducing the Universal Account Number by  the Employee Provident Fund, some of the key merits are as listed below:

• You can link all of your previous PF account at one place.
• EPF Transfer has become very easy. It can be done automatically.
• EPF balance from all of the account gets transferred automatically.
• You can easily check and download your PF passbook any time.
• Employer cannot blackmail you because of the EPF. He would not be able to withhold the PF of an employee.
• If you link your Adhaar with UAN, you can withdraw PF without employer’s signature
• You can easily take loan from the PF account. The process would be online soon.
• You can update your personal details online.
• You will get monthly SMS update of PF contribution. You will get to know whether your company is depositing PF on time or not. There are many companies which delay in EPF contribution.