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EPFO has received Aadhaar details of 1.8 crore members: Official

The Employees’ Provident Fund Organisation has launched a housing scheme under which the members can make down payment for a house and also pay EMIs out of their EPF corpus.

As many as 1.8 crore of the more than 4.5 crore members have submitted their Aadhaar details to the Employees’ Provident Fund Organisation (EPFO) so far.

“We have got 1.8 crore Aadhaar cards in our system. We have verified cards of 40 lakh. That means their dates of birth, names and other details are verified from the UID (Unique Identification Authority of India) records,” said Central Provident Fund Commissioner VP Joy in Hyderabad.

The members whose Aadhaar details have been verified are getting the facility of online transactions in the PF account, he said.

Joy was in Hyderabad to attend a programme organised by the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry.

The pension body has also launched a housing scheme under which the members can make down payment for a house and also pay EMIs out of their EPF corpus, he said.

At present, there are fifteen housing projects across the country which are covered under this scheme, Joy added.

 

 

[source=hindustantimes]

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