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The EPF Form 5 or Employee Provident Fund Form 5 is a form which officially states that a particular employee has been enrolled for the Employee Provident Fund Scheme. The Form 5 provides details about new joinees/employees who are eligible for EPF/EPS/EDLI and intend to open an EPF account.
All organizations with an employee strength of 20 and more (in the formal sector) are required to provide EPF facility to all its employees.
EPF Form 5 is mentioned in Para 36(2) of The Employees’ Provident Fund Scheme, 1952. The form enables organizations as well as the EPFO to register the number of people who have joined the scheme for the first time. Once an employee has been successfully enrolled, they will be allotted a Universal Account Number, under which, the employee’s as well the employer’s contributions start getting deposited. The Employee Provident Fund Organization ensures that all companies within its jurisdiction are active participants of theEPFscheme. It is mandatory for the employer to provide the EPF facility to all its employees.
You can simply download EPF Form 5 from the official website of EPF India or visit your HR department. The Form 5 has to be submitted by the employer for all new joinees by 15th of every month.
The components of Form 5 are as follows:
What is the EPF Form 5?
EPF Form 5 is a form which officially states that a particular employee has been enrolled for the Employee Provident Fund Scheme.
What is online claim EPF Form 5?
There is no online provision to claim EPF Form 5.