4 hrs ago

EPFO Explains Online Nomination Rules for Provident Fund Accounts

EPFO: How to file nomination for your provident fund account online? Who can be nominee? Check steps here… · livemint.com

A provident fund is money saved for a worker's future and retirement.

The EPFO lets members choose people who may receive benefits from their account.

Members can add nominees online if their Universal Account Number is linked and verified with Aadhaar.

They must log in to the EPFO website and confirm the nomination with an Aadhaar-linked mobile phone.

People can also update nominations offline by submitting Form 2 at an EPFO office.

A spouse and children are generally considered family under the rules.

Married members must list their spouse in the family details even if they do not nominate that person for the provident fund.

An unmarried member without children can choose another person, but must make a new nomination if they later acquire a family.

Key facts

EPF interest rate: The Ministry of Finance ratified an 8.25% interest rate for EPF and voluntary provident fund accounts in FY26.
Online eligibility: Only Aadhaar-verified Universal Account Number holders can file e-nominations.
Online verification: Members must use Aadhaar-based e-sign and an OTP sent to their Aadhaar-linked mobile number.
Offline process: Members can update nominations by submitting Form 2 at an EPFO office.
Family definition: Spouse and children are included in the family definition for pension-fund purposes.
Unmarried members: An unmarried member without children may nominate one or more people of their choice.
Change in family status: A nomination made by an unmarried member becomes invalid after the member acquires a family, requiring a fresh nomination.

livemint.com · 4 hrs ago