The Employees Provident Fund Organisation (EPFO) is set to conduct the second edition of its Nidhi Aapke Nikat awareness campaign from next week, the retirement body informed through a social media post on Wednesday.<\/p>\n
In a post on X (formerly known as Twitter), the EPFO’s official account urged EPFO members to visit a camp at the Nidhi Aapke Nikat 2.0 to meet and interact with officials to know more about the EPFO’s schemes and benefits, understand services and processes, and get on-the-spot grievance redressal.<\/p>\n
It also provided a document listing the various camp sites so that subscribers may find one nearest to their location to visit. You can check the full list here \u2014 https:\/\/drive.google.com\/drive\/u\/0\/folders\/113NbMjE6RoeGMZXBLHXfv43qrRo5AHs9<\/p>\n
What is Nidhi Aapke Nikat?<\/p>\n
Nidhi Aapke Nikat<\/a> is the provident and pension fund body’s last-mile monthly outreach programme for members, under which it organises camps across India on a district level.<\/p>\n \u2018Your Money \u2014 Your Right\u2019 campaign<\/p>\n Earlier in July, the government clarified that it had no proposal to use unclaimed funds with the LIC and inoperative EPF accounts for purposes other than the existing mechanism, ANI reported.<\/p>\n Notably, investors with unclaimed insurance amounts or inoperative EPF accounts can check their dues and make claims online, facilitated by the Centre’s \u2018Your Money \u2014 Your Right\u2019 campaign.<\/p>\n The Your Money, Your Right<\/a> campaign is a nationwide effort to reconnect citizens with these forgotten financial assets and ensure that the money belonging to individuals and families ultimately finds its way back to them. Such assets include:<\/p>\n Bank deposits such as savings accounts, current accounts, fixed deposits and recurring deposits that have not been operated for 10 years or more.Insurance <\/a>policy proceeds that remain unpaid beyond the due date.Mutual fund redemption proceeds or dividends that could not be credited due to reasons such as a change in bank account, bank account closure, or an incomplete bank account in the records.Dividends and shares that remain unclaimed <\/a>and are transferred to the statutory authorities.Pension and retirement benefits that are not claimed within the normal course.<\/p>\n The initiative is coordinated by the Ministry of Finance, in collaboration with the Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI), Securities and Exchange Board of India (SEBI), Investor Education and Protection Fund Authority (IEPFA), and Pension Fund Regulatory and Development Authority (PFRDA).<\/p>\n","protected":false},"excerpt":{"rendered":"The Employees Provident Fund Organisation (EPFO) is set to conduct the second edition of its Nidhi Aapke Nikat…\n","protected":false},"author":2,"featured_media":634184,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[269242,86361,72,4800,17870,176,13282,220338,61,60,1087,33257,269241,200237,174,175,269243],"class_list":["post-634183","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-28-september","tag-awareness-campaign","tag-business","tag-cities","tag-epfo","tag-finance","tag-financial-literacy","tag-grievance-redressal","tag-ie","tag-ireland","tag-money","tag-nidhi-aapke-nikat","tag-nidhi-aapke-nikat-2-0","tag-pension-schemes","tag-personal-finance","tag-personalfinance","tag-unclaimed-funds"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/634183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=634183"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/634183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/634184"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=634183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=634183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=634183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}