PF Nominee: The company pays salary to the people who are employed after working for a month. Along with this, many other types of facilities are also given to the employees. Like- some companies provide cabs, buses etc. for commuting, while some companies provide lunch facility.
At the same time, there is also a facility which is provided by the government and that is PF. Actually, if you are employed, then a certain amount is deducted from your salary every month and deposited in your PF account and the government also deposits the same amount. Along with this, interest is also given on the money deposited in the PF account.
In such a situation, if you have not yet added a nominee in your account, then you should add it, the method of which you can know in the next slides. So let’s know what is the way to add a nominee in the PF account…