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EPF New Rules: Steps On How To Freeze, Defreeze UAN

EPF New Rules: Steps On How To Freeze, Defreeze UAN

NDTV
Tuesday, July 9, 2024 11:52 AM GMT

Here is an overview of the EPFO's latest SOP on freezing and unfreezing UANs of EPF subscribers, issued on July 4, 2024.

The Employees' Provident Fund Organisation (EPFO) has issued a Standard Operating Procedure (SOP) outlining a limited time frame for freezing individual or establishment accounts for verification purposes.

To identify potential cases of suspicious accounts or transactions that could involve impersonation or fraudulent withdrawals, the EPFO will conduct multiple stages of verification for MIDs, UANs, and institutions as part of the SOP. To safeguard the funds in these accounts, the EPFO has set a maximum freezing period of 30 days for verification, which can be extended by up to 14 additional days.

Here is an overview of the EPFO's latest SOP on freezing and unfreezing UANs of EPF subscribers, issued on July 4, 2024.

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