BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The UAN is prearranged to each member of Employee Provident Fund, EPF. UAN stands for
A
Universal Account New
B
Universal Amount Number
C
Unique Account Number
D
Universal Account Number
Explanation: 

Detailed explanation-1: -UAN stands for Universal Account Number to be allotted by EPFO. The UAN will act as an umbrella for the multiple Member Ids allotted to an individual by different establishments. The idea is to link multiple Member Identification Numbers (Member Id) allotted to a single member under single Universal Account Number.

Detailed explanation-2: -PF Number comprises all Provident Fund information and details of related transaction of an employee with the issuing organization. UAN is a permanent number, eligible throughout an individual’s lifetime. Your PF number changes when you switch jobs. It is a 12-digit number.

Detailed explanation-3: -How to find UAN Number? You can find the UAN linked to your PF account by checking the salary slips provided by your employer. Alternatively, you can also contact the HR of your company to find your PF UAN number.

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