EPFO subscribers to get statements online

The e-passbook will have additional information like name, date of birth and account number

July 26, 2012 2:25 IST | India Infoline News Service
Around 50 million subscribers of the Employees’ Provident Fund Organisation (EPFO) can obtain e-passbook with details of their updated accounts online from 25th July, Central Provident Fund Commissioner RC Mishra said.

Mr Mishra was speaking at a seminar on ‘Employees’ Provident Funds and MP Act–Implementation & difficulties’ in New Delhi. The seminar was also addressed by senior government officials from the ministry, officials from central provident funds organisation, regional provident funds commissioners and senior industrialists.

To avail the e-passbook facility, the active subscribers would have to register themselves on the EPFO portal by updating their account details. The facility to obtain e-passbook will be available only for active members of the EPFO and would not be extended to those whose accounts are inoperative, settled or have negative balance.

The e-passbook will also have additional information like name, date of birth and account number. The retirement fund body is in the process of introducing the facility of online settlement of provident fund claims in two months.

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