EPFO (Employees’ Provident Fund Organization)

EPFO stands for Employees’ Provident Fund Organization, which is a statutory body under the Ministry of Labour and Employment, Government of India. Its main function is to administer the provident fund, pension, and insurance schemes for the employees working in organized sectors in India. Under the EPF scheme, a certain portion of an employee’s salary is deducted every month and contributed to the provident fund account, along with a matching contribution from the employer. This fund accumulates over time and earns interest, and can be withdrawn by the employee at the time of retirement or in case of certain specified events. The EPFO also manages the Employee Pension Scheme (EPS), which provides pension benefits to employees who have completed a certain number of years of service, and the Employee Deposit Linked Insurance (EDLI) scheme, which provides life insurance benefits to the employee’s family in case of their untimely death while still in service. (Let see our other NPS article)

EPFO as Gov Services


Aim of EPFO

The Employees’ Provident Fund Organisation (EPFO) is a statutory body under the Ministry of Labour and Employment, Government of India. Its primary aim is to provide social security to workers in the organized sector and to promote their welfare by providing various benefits and services.

EPFO manages the Employees’ Provident Fund (EPF), which is a retirement benefits scheme for employees. It also manages the Employees’ Pension Scheme (EPS), which provides a pension to employees after their retirement, and the Employees’ Deposit-Linked Insurance Scheme (EDLI), which provides insurance coverage to the employees’ families in case of their unfortunate death.

EPFO also works towards increasing the coverage of social security benefits to the maximum number of employees in the organized sector. It aims to ensure that employees are financially secure after their retirement and are provided with various other benefits during their employment.


EPFO, or the Employees’ Provident Fund Organisation, is a statutory body established under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Its primary objective is to ensure social security and financial stability for employees after their retirement.

The need for EPFO arises from the fact that employees need a reliable source of income after they retire, as they may not be able to earn a regular income due to age-related factors or other health issues. The EPFO scheme provides a retirement corpus to employees by deducting a portion of their salary and contributing it to their Provident Fund account, which earns interest over time. The accumulated amount, along with interest, is paid out to the employee after their retirement.

Apart from providing a retirement corpus, EPFO also offers benefits such as pension, insurance, and housing to the employees. These benefits ensure financial security for the employees during their employment years as well as after their retirement.

Therefore, the need for EPFO is to provide social security and financial stability to employees by creating a retirement corpus through mandatory contributions from employers and employees, and by offering other benefits such as pension, insurance, and housing.


EPFO (Employee Provident Fund Organization) is a statutory body of the Government of India that administers the Employees’ Provident Fund (EPF) and other social security schemes. The features of EPFO include:

  1. Provident Fund: EPFO manages the Employees’ Provident Fund, which is a mandatory saving scheme for employees working in the organized sector. Employers and employees both contribute a fixed percentage of the employee’s basic salary and dearness allowance towards the fund.
  2. Pension Scheme: EPFO also manages a pension scheme called the Employees’ Pension Scheme, which provides pension benefits to employees who have completed a certain number of years of service.
  3. Insurance Scheme: EPFO administers a group insurance scheme called the Employees’ Deposit Linked Insurance Scheme, which provides insurance benefits to the nominee in the event of the employee’s death.
  4. Online Services: EPFO offers various online services such as online registration of establishments, online submission of monthly returns, and online transfer of funds.
  5. Universal Account Number (UAN): EPFO has introduced a Universal Account Number (UAN) that acts as a single account number for all the EPF accounts of an employee. This makes it easier for employees to manage their EPF accounts and track their contributions.
  6. Grievance Redressal: EPFO has a grievance redressal mechanism in place to address any complaints or grievances related to EPF, pension, or insurance schemes.

Overall, EPFO’s features provide social security benefits to employees working in the organized sector and ensure that their retirement years are financially secure.


Application Procedure

The application procedure for the Employees’ Provident Fund Organization (EPFO) varies depending on the purpose of your application. Below are some general guidelines:

  1. Registration of Establishment: To register your establishment with EPFO, you need to visit the EPFO website and click on the “Establishment Registration” link. You will be prompted to create a user ID and password and fill out an online registration form with details such as name and address of establishment, business activity, PAN, etc.
  2. Provident Fund (PF) Account Registration: To register for a PF account, you will need to fill out Form 11 and submit it to your employer. Your employer will then initiate the registration process with EPFO.
  3. PF Transfer or Withdrawal: To transfer or withdraw PF, you need to fill out the relevant form available on the EPFO website, provide your UAN (Universal Account Number) and other details, and submit the form to the EPFO office.
  4. Pension Claim: If you are eligible for pension from EPFO, you need to fill out the relevant form, attach necessary documents, and submit it to the EPFO office.
  5. Grievance Redressal: If you have any grievances related to your PF account or any other matter related to EPFO, you can file a complaint online on the EPFO website or through the EPFiGMS (EPFO Grievance Management System) portal.

It is recommended that you carefully read the instructions and guidelines provided on the EPFO website before filling out any forms or initiating any application procedure.


EPFO (Employees’ Provident Fund Organisation) is a statutory body under the Ministry of Labour and Employment, Government of India. It manages the Employees’ Provident Fund (EPF), a retirement benefits scheme for employees working in the organized sector. Some of the benefits of EPFO are:

  1. Retirement Savings: EPF is a long-term savings scheme that helps employees save for their retirement. Both the employee and employer contribute to the fund, which can be withdrawn at the time of retirement.
  2. Social Security: EPF provides social security to employees in case of any unforeseen circumstances such as job loss, disability or illness, and death. The funds can be used to meet financial obligations during such times.
  3. Tax Benefits: Contributions made by both the employee and employer to the EPF are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. The interest earned on EPF is also tax-free.
  4. Low-Risk Investment: EPF is considered a low-risk investment as the funds are invested in government securities, bonds and fixed deposits. It provides a steady and guaranteed return on investment.
  5. Loan Facility: Employees can avail of a loan against their EPF balance for various purposes such as house renovation, medical expenses, or education. The interest rate on such loans is lower than the market rates.
  6. Easy Withdrawal: The EPF withdrawal process has been made simple and quick by the EPFO. The process can be completed online, and the funds are usually credited to the employee’s bank account within a few days.


Overall, EPFO provides financial security and stability to employees, and helps them save for their future.

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