The Universal Account Number (UAN) is an essential part of managing your Employees’ Provident Fund (EPF) account in India. It acts as a unique identifier for employees across multiple jobs and ensures seamless access to EPF services. However, it’s not uncommon for employees to end up with two UANs due to job changes. If you’re wondering how to merge two UAN numbers, this blog is here to help you understand the process seamlessly.
Why Merging Two UANs Is Essential
Having two active UANs can cause issues such as difficulty in transferring funds, claiming EPF amounts, or updating details. The EPFO (Employees’ Provident Fund Organisation) mandates that each member should have only one active UAN. If you’ve accidentally been issued two UANs, merging them is a crucial step to ensure smooth financial management.
What Causes Multiple UAN Numbers?
Before diving into the merging process, let’s explore why employees might end up with multiple UANs:
- Job Changes Without EPF Transfer: If you don’t transfer your EPF balance to the new employer’s account, a new UAN might be generated.
- Incorrect Information: Errors in employer submissions can sometimes lead to duplicate UANs.
- Lack of Awareness: Many employees are unaware of the need to maintain a single UAN while switching jobs.
Steps to Merge Two UAN Numbers
Inform Your Current Employer
Notify your current employer about the existence of two UANs. Provide details of the old UAN and the current UAN.
Submit a Request to EPFO
Log in to the EPFO member portal and follow these steps:
- Navigate to the “Helpdesk” section.
- Submit a request for a UAN merger by providing details of both UANs.
- Attach any required documents, such as your Aadhaar card and employment details.
EPFO Verification
Once you’ve submitted the request, EPFO will verify your details. This includes checking your employment history and ensuring there are no discrepancies in your account information.
Deactivation of Old UAN
After verification, the older UAN will be deactivated. All balances from the old UAN will be transferred to the active UAN.
Confirmation
You will receive confirmation once the process is complete. Make sure to log in to the EPFO portal and verify that the UAN merger has been successful.
Benefits of Merging Two UAN Numbers
Merging two UANs comes with several advantages:
- Streamlined Financial Management: All EPF funds are consolidated under one account.
- Ease of Access: Managing your account becomes easier with one active UAN.
- Hassle-Free Withdrawals: Withdrawal claims are processed faster without complications from multiple UANs.
How Finnable’s App Can Help Track Your EPF
Finnable’s app makes financial management seamless by providing tools to track your EPF balance, contributions, and other details. The “TrackMyPF” feature keeps you updated on your EPF account, ensuring you never miss important updates related to your UAN. Simplify your financial management today—download the Finnable TrackMyPF App to stay in control of your EPF account!
Conclusion
Understanding how to merge two UAN numbers is critical for maintaining a hassle-free EPF experience. Whether it’s due to job changes or technical errors, merging UANs ensures that your financial records are consolidated, accurate, and easy to manage. By taking proactive steps and leveraging tools, you can streamline your financial journey and avoid discrepancies that could complicate claims or withdrawals.
Consolidating UANs not only ensures compliance with EPFO guidelines but also provides peace of mind, knowing that your hard-earned savings are accurately recorded. Stay on top of your EPF account and enjoy seamless access to your benefits by taking the necessary steps today!
FAQs
Can I merge two UANs on my own?
No, the merging process requires EPFO intervention. However, you can initiate the process through the EPFO portal or with your employer’s assistance.
How long does it take to merge two UANs?
The process usually takes 15–30 days, depending on the verification and approval time by EPFO.
What happens if I don’t merge two UANs?
Having multiple UANs can lead to delays in claim settlements, difficulty in transferring EPF funds, and potential complications in updating personal details.
Is there a fee for merging UANs?
No, the merging process is free of charge.
Can Finnable help me with UAN-related queries?
Absolutely! Finnable’s user-friendly app provides insights into managing your EPF, including tracking contributions and understanding the merging process.
