New Delhi, June 4 -- The Employees' Provident Fund Organisation (EPFO) operates India's provident fund and pension fund scheme, through joint contributions from both employers and employees. You receive the lump sum corpus at retirement.

Members can add nominee for their account by submitting the filled Form No 2. For users who have Aadhaar verified UAN, the process can also be completed online. The e-nomination facility is available only from the UAN based login of the member and with OTP sent on your Aadhaar-linked mobile number.

It allows citizens to open an EPF account if their basic pay and dearness allowance are up to Rs.15,000 at 8.25% interest (this quarter). Further, subscribers can choose the voluntary provident fund (VPF) opt...