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HomeFinanceDo not share These Credentials, EPFO alerts all PF Account holders

Do not share These Credentials, EPFO alerts all PF Account holders

Learn how EPFO account holders can guard against online fraud.

Employees Provident Fund Organisation: There are a huge number of account holders with the Employees Provident Fund Organisation (EPFO) all over the country. A portion of each employee’s salary is deposited into their account.

When a person retires, they become the sole beneficiary of the EPFO account’s funds. You can also use this money to cover a financial emergency like a sickness, a child’s education, or a wedding.

The funds in each person’s EPFO account are considered their lifetime capital accumulation in this scenario. When using this account in this situation, a few things must be kept in mind.
Cybercrime incidents are rapidly rising as India becomes increasingly digitalized.Today, cybercriminals of this kind prey on individuals, stealing personal information and emptying accounts.Millions of account holders at the Employees Provident Fund Organization have been informed that this shouldn’t happen to you in these circumstances.

EPFO Tweeted:
By tweeting about this issue from its official Twitter account, the Employees’ Provident Fund Organization (EPFO) informed its millions of account holders that EPFO only requests OTPs, not Aadhaar cards, PAN cards, UAN numbers, or bank account numbers. Under these circumstances, you should never divulge any personal information to an unknown caller or message.

Contact the police about fraud:
When switching jobs, it has been observed frequently that individuals encounter similar scams. Under the guise of updating EPFO information, individuals steal Aadhaar, PAN, bank account, and other personal information from individuals. By misusing these details, they then deplete the account holder’s account.

In any circumstance, do not impulsively disclose your personal information. In addition, if you are the victim of fraud, you should immediately contact the police.


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