How To Open Epf Account

No individual can open an epf account at his her will.

How to open epf account. In order to open a pf account the employer would need the employee to sign a form in triplicate with all his details and the name of the nominee to the account. Visit the kwsp website http www kwsp gov my. As per the rules of epf both the employer and the employee needs to deposit money into epf in equal proportion. Employees provident fund organization epfo aims to provide financial assistance to such individuals for social security and retirement planning.

Employers are mandated to provide epf account to all employees lying in this salary bracket. According to this organisation only an employer can open an epf account on behalf of its employees. How to access epf passbook online through epfo portal. Step 3 in case you are already.

Steps to login to epfo member portal in order for employees and employers to login on the epfo portal they must first activate their uan. The uan is allotted to every member of the epf scheme by the epfo. First the user is required to visit the epfo website and access the e passbook option. The process to activate the uan is very simple and can be done online on the epfo portal.

To open your epf account online you are required to follow the steps given below. A salaried individual can open such an epf account for their employees. Visit the official website of epfo i e www epfoservices in and click on register button. Eligibility criteria for epf registration for employers.

Click the i account image. Steps for epf registration. Step 1 go to the epfo website and register your organization under establishment registration. Overview of epf and epf accounts.

Enter the name of the state where your company is located including the code for the region as well as the office. To register with the epf an employer would be required to complete form kwsp 1 with supporting documents including section 14 section 15 which will be issued by the companies commission or a business registration certificate together with the application for registration. Click on the register your member i akaun or i account. Steps of apply the online epf account.