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Saturday, February 18, 2017

Bhavishya Nidhi Yojana - News for Rs. 15000 Employees

The central government has announced all the employees getting income of Rs. 15,000 and above have to connect their EPFO and Aadhar Card to KYC. This is mandatory for all employees working in any sector. It is under Bhavishya Nidhi Yojana that will later given as Pension, after completing job or after your death to your family members.

EPFO Scheme 5 Main Points -

  • Central government social security scheme for secular people.

  • Your Salary is Rs 15,000 per month, so it is essential for you to be involved in the scheme.

  • In case you are working, your company will cut off amount from your Salary.

  • The Central government money put into the fund, and you can use this money with interest
    when needed.

  • For this your company will give you an EPF Number that is quite similar to your bank account number.


In case you are regularly changing company or working in different companies. UAN number is best for you, that allows you to operate your EPF at own. You can use it when needed, Bhavishya Nidhi Yojana return you deposited money along with interest on it.

How to get UAN Number?

  • You can take UAN Number from the company you are working with.

  • Or In Case you are not working anywhere, get it directly from EPFO office.


How to link UAN to Aadhar Card (KYC)?

You can register on EPFO official website at www.epfindia.gov.in with your mobile number. For this visit the link given, enter you Aadhar Card number. After one week of completing process your Aadhar Card get linked with Mobile Number and UAN number/ EPFO.

Conditions to use money under Bhavishya Nidhi Yojana

  • To buy life insurance policy

  • To buy Home or land

  • For his/her or marriage of someone in the family

  • For children's education

  • For treatment of a disease

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