Provident Fund (PF) & Employee State Insurance (ESIC)

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Eligibility criteria for Registration under Provident Fund:

 
  
 
	  
	 Employee Providend Fund 
	 Employee State Insurance 
 
 
	 Eligibility Criteria 
•   Any organisation or factory with at least 20 employees
    needs to get themselves registered under EPF Scheme.

•   Establishment with less than 20 employees may get
    themselves voluntarily registered.

•   Liability to deduct and deposit EPF arises for all
    employees with wages of Less than ₹ 15,000 per month,

•   Employees of an organization, which are already registered under
   EPF Scheme, are directly eligible for getting their Provident Fund account 
   opened from date of their joining. 
•	All organisations listed under Factories Act and Shops and Establishments Act.
•	Factories and establishments with 10 or more employees have to register themselves under ESI schemes.
•	Employees earning wages not exceeding ₹ 21,000/- per month will be covered to check requirements of ESIC registration.
 
 
 
	 Benefits 
	 •	It can be used as an Emergency Fund
•	Exempted Interest Income
•	Easily withdrawable
•	A support for the Nominee in case of death of employee
 
•	Medical Care & Benefits within ESI Medical institutions
•	Disability & Dependent Benefits
•	Maternity benefits
•	One-time payment for the funeral of an insured person.
•	Unemployment Allowance under Rajiv Gandhi Shramik Kalyan Yojna’(RGSKY)
•	Vocational Rehabilitation Allowance

 
 
	 Requirement 
	 	Establishment Details:
•	Copy of PAN Card
•	Address of the business
•	In case of factory, copy of factory licence
•	In case of start-up, startup registration certificate
•	In case of MSME, copy of MSME Registration certificate
•	Ownership Details
 
	E-contact details:
•	Email Id
•	Mobile Number
•	Details of Contact Person:
•	Copy of PAN
•	Designation and date of joining the establishment
•	Address and contact details
 
 Details of Primary and other owners:
•	Copy of PAN
•	Designation and date of joining the establishment
•	Address and contact details
 
Details of any other certificate	
Details of employees covered under EPF Act	
Details of Branches and divisions

	Details of activities:	
•	NIC Code of activity (Not Mandatory)
•	Nature of work
 
	Proof of Address:	
•	Copy of Bank passbook/statement
•	Copy of electricity connection in the name of establishment
•	Copy of water connection in the name of establishment
•	Copy of post-paid telephone bills in the name of establishment
•	Any licence/Number/Certificate issued by government Authority

Agreement between employer and employee in case of voluntary coverage	
 
	Establishment Details:
•	Copy of PAN
•	Complete postal address of the factory/Establishment along with address proof.
•	Details of police station
•	Nature of ownership of premises, i.e., owned or rented

	Details of all bank accounts
	Nature of business
	Registration details and certificate obtained either under Factories Act and Shops and Establishment Act.
	Date of commencement of factory
	Constitution of business
	Name, age, Designation, father’s name and address proof of all directors/owner of the establishment

	Details of number of employees:
•	Number of employees covered under scheme
•	Bifurcation of employees in Male, female, transgender 
•	Bifurcation of employees drawing wages of less than INR 21000 per month in Male, female, transgender 
•	Date when number of employees reached 10 or 20

	Details of employees:
•	Name
•	Father’s name
•	Address
•	Date of Birth
•	Gender
•	Marital Status
•	Permanent Address
•	Date of Joining
•	Nominee details
•	Family Details
•	Email id and mobile number
•	Details of bank account
•	Copy of PAN And Aadhar card
•	A cancelled cheque of the Bank Account of the Company

	Employee Providend Fund	Employee State Insurance
Eligibility Criteria	• Any organisation or factory with at least 20 employees needs to get themselves registered under EPF Scheme. • Establishment with less than 20 employees may get themselves voluntarily registered. • Liability to deduct and deposit EPF arises for all employees with wages of Less than ₹ 15,000 per month, • Employees of an organization, which are already registered under EPF Scheme, are directly eligible for getting their Provident Fund account opened from date of their joining.	• All organisations listed under Factories Act and Shops and Establishments Act. • Factories and establishments with 10 or more employees have to register themselves under ESI schemes. • Employees earning wages not exceeding ₹ 21,000/- per month will be covered to check requirements of ESIC registration.
Benefits	• It can be used as an Emergency Fund • Exempted Interest Income • Easily withdrawable • A support for the Nominee in case of death of employee	• Medical Care & Benefits within ESI Medical institutions • Disability & Dependent Benefits • Maternity benefits • One-time payment for the funeral of an insured person. • Unemployment Allowance under Rajiv Gandhi Shramik Kalyan Yojna’(RGSKY) • Vocational Rehabilitation Allowance
Requirement	Establishment Details: • Copy of PAN Card • Address of the business • In case of factory, copy of factory licence • In case of start-up, startup registration certificate • In case of MSME, copy of MSME Registration certificate • Ownership Details E-contact details: • Email Id • Mobile Number • Details of Contact Person: • Copy of PAN • Designation and date of joining the establishment • Address and contact details Details of Primary and other owners: • Copy of PAN • Designation and date of joining the establishment • Address and contact details Details of any other certificate Details of employees covered under EPF Act Details of Branches and divisions Details of activities: • NIC Code of activity (Not Mandatory) • Nature of work Proof of Address: • Copy of Bank passbook/statement • Copy of electricity connection in the name of establishment • Copy of water connection in the name of establishment • Copy of post-paid telephone bills in the name of establishment • Any licence/Number/Certificate issued by government Authority Agreement between employer and employee in case of voluntary coverage	 Establishment Details: • Copy of PAN • Complete postal address of the factory/Establishment along with address proof. • Details of police station • Nature of ownership of premises, i.e., owned or rented  Details of all bank accounts  Nature of business  Registration details and certificate obtained either under Factories Act and Shops and Establishment Act.  Date of commencement of factory  Constitution of business  Name, age, Designation, father’s name and address proof of all directors/owner of the establishment  Details of number of employees: • Number of employees covered under scheme • Bifurcation of employees in Male, female, transgender • Bifurcation of employees drawing wages of less than INR 21000 per month in Male, female, transgender • Date when number of employees reached 10 or 20  Details of employees: • Name • Father’s name • Address • Date of Birth • Gender • Marital Status • Permanent Address • Date of Joining • Nominee details • Family Details • Email id and mobile number • Details of bank account • Copy of PAN And Aadhar card • A cancelled cheque of the Bank Account of the Company