New Delhi, Business Desk. There is important news for pensioner, employed. He has to complete two important tasks by November 30. With this, the pensioner will be saved from stopping the pension and the salaried person will continue to get the benefit of 7 lakh insurance cover on PF. Along with this, if you want a home loan, then an offer for you is ending on 30 November.

UAN-Aadhaar Link

EPFO has made it mandatory to link the UAN (Universal Account Number) with the employee’s Aadhaar by November 30, 2021 for every employee whose PF is deducted. If the UAN of the PF account is not linked with the Aadhaar, then the employee’s contribution will also not be able to be deposited. Along with this, that person will also not be able to withdraw his PF. According to Personal Finance Expert and CA Manish Kumar Gupta, in this case the employee’s PF will be deducted but the employer’s contribution will not come. With this, Employee Deposit Linked Insurance ie EDLI premium of the employee will also not be deposited. His insurance cover will also come to an end.

Let us inform that the limit of insurance cover given under EDLI, 1976 has been increased to Rs 7 lakh. Not only this, the minimum amount of insurance cover has been increased to Rs 2.5 lakh. Earlier this amount was minimum Rs 2 lakh and maximum Rs 6 lakh. This insurance cover is available in case of untimely death of the account holder.

Obligation of Life Certificate

Similarly, lakhs of pensioners across the country have to give their Life Certificate by 30 November. If they do not give this certificate, the pension will stop. However, for their convenience, the government has now started the E praman system. With this, the Life Certificate gets deposited while sitting at their home. The pensioner has to submit the Life Certificate in November every year in the bank, post office or financial institution where the pension is credited.

Home Loan Discounts

LIC Housing Finance had introduced 6.66 percent interest on home loans. This offer was on loans up to Rs 2 crore. This interest is available for those with a Cibil Score of 700 or above. But the date of this offer ends on 30 November 2021.

Edited By: Ashish Deep