No matter a person works in a large or small organisation, almost everyone is registered in the Employees Provident Fund Organisation (EPFO). The employees covered under this scheme is provided with a 12 digit number called Pension Payment Order (PPO). One can easily withdraw his pension by using this number. If either one of you did not remember your number, here’s how to find the PPO number using your bank account in EPFO.
What Is PPO Number And Why It is Necessary?
via: The Economic Times
PPO number is a unique number that is sent through a letter by EPFO to every retiring employee. It serves as a point of reference to the Central Point Accounting Office (CPAO). It is needed to apply for a pension and to submit his/her life certificate every year.
So, the PPO number is very important for every person who has retired or is on the edge of retirement.
Pensioners must check that the bank has successfully recorded their PPO number in the passbook. Sometimes, banks do not update the PPO, which leads to unnecessary delays in receiving the pension.
Transferring the PF account from one bank to another could be difficult if the pensioner forgot his number. PPO number can also help in immediate grievance redressal in EPFO and checking the pension status.
Also Read: 5 Useful Tips To Improve Your Personal Finances During Covid-19
How To Find PPO Number In EPFO?
via: The Week
Follow these easy steps to find out your PPO number using bank account number or PF number:
Step 1: Open any browser and log on to http://www.epfindia.gov.in/site_en/index.php
Step 2: Tap on the “Pensioner’s Portal” listed under the “Online Services”
Step 3: On the new page, select “Know your PPO number “ from the left sidebar.
Step 4: Now select anything from the bank account number or PPO number (Member ID).
Step 5: Enter the number you have selected and submit.
Now you can see your PPO number on the screen.