The Universal Account Number (UAN) is a 12 digit number which is provided to each member of the Employees’ Provided Fund Organisation (EPFO) through which he can manage his PF accounts. This number is issued by the Ministry of Employment and Labour under the Government of India. It helps the person to get all Provided Fund (PF) information irrespective of the organisation he works for.
Earlier, when an individual joined a new organization, he was assigned a new PF account number. Thus, it was very difficult to get a proper estimate of the PF of members. And in case of any pay out issues, it was difficult to keep a track of activities. In order to reduce this problem, the UAN came into existence. It is a universal number which helps the member to assemble all his PF accounts associated with multiple ids of different organizations at one place. With the help of UAN, the employee can easily withdraw and transfer funds.