New Delhi: To minimise fraud, the Employees’ Provident Fund Organisation (EPFO) has warned its members to not share crucial particulars about their EPF account, private data, or OTP over the telephone or on-line. EPFO issued a fraud discover because of the rising menace of EPF-related OTP scams and different points. EPF members mustn’t share private data like their Aadhaar card quantity, PAN, checking account quantity, or UAN quantity with anyone on WhatsApp or social media, based on the EPFO advise, as a result of they danger shedding their cash.
EPFO despatched out a message to all members by way of its official Twitter account. The tweet reads, “#EPFO never asks its members to share their personal details like Aadhaar, PAN, UAN, Bank Account or OTP over phone or on social media.”
EPFO additionally revealed a graphic with the Tweet that reads, “ALERT Beware of Fraudsters!” to alert members to the hazard they could be going through. EPFO additionally tweeted that it “never asks for any money through WhatsApp or social media, etc.” for any service. EPFO additionally really useful members to not reply to calls or texts requesting private data or sharing OTP, since this might result in fraud.
People can contact EPFO by means of its official web site, www.epfindia.gov.in, with any questions, suspicious calls or messages, or different points.
EPFO members must also save their paperwork on-line on DigiLocker, a safe cloud-based government-sponsored platform for doc safety, sharing, and verification. To use DigiLocker’s companies, which can be found for Android and iOS customers, you could first log in. EPFO companies corresponding to UAN playing cards, Pension Payment Orders (PPOs), and Scheme Certificates are all obtainable on DigiLocker.
EPFO is without doubt one of the world’s largest social safety organisations when it comes to clientele and monetary transactions. It is liable for the regulation and administration of provident funds, pensions, and mandated life insurance coverage in India.
The authorities has permitted an 8.5 p.c charge of curiosity for the 2020-21 fiscal yr, which can carry nice Diwali happiness to 5 crore EPFO clients. In March this yr, the EPFO’s final decision-making physique, the Central Board of Trustees (CBT), chaired by Labour Minister, selected an rate of interest of 8.5 p.c on provident fund deposits for the earlier monetary yr, based on PTI.