PF Withdrawal steps online and offline

By | May 15, 2018

Epfouanportal here explaining the whole process related to PF withdrawal but before going to read PF withdrawal Process PF amount is a corpus fund You should not touch it as far as possible so our advice is only to transfer the amount one account another not withdrawal.

according to the EPFO Employees, Basic 12 % of the salary goes to EPF Account as well as the same amount is contributed by your employer.PF withdrawal process EPFO provided two methods one is an online method and the second one is an Offline method. recently EPFO has been launched Online facility on 01 May 2017 to Employees.
PF Withdrawal

PF Withdrawal Required things:

  • Employees Name should be same on Bank account as well as PF account.
  • Employees Exit date should be mentioned in EPFO record by your Employer.
  • The Universal Account Number Compulsory for PF withdrawal Process.
  • Employee name, as well as father name, should be matched with an identity card.
  • After quitting your job you don’t get any job after 2 months then only you have the chance to PF withdrawal.

PF Withdrawal Process By Offline:

The offline withdrawal process is very slow it takes approximately 2 months of time so our advice is done in online that process is very fast and easy also. The offline process following things you need know such as

  • Employees PF Account number
  • Bank Account Number
  • Bank IFSC Code
  • Employee Joining Date
  • Employee Exit Date. 

Process: visit your HR department in your organization ask for PF withdrawal form. Take Form 19 and 10 C.fill the form carefully with required details. ask your HR department for joining date as well as exit date information. and submit those two forms in HR department.

Before Submitting your Form 19 and 10 C should be attested by one of the following listed persons.

  • A Gazetted Officer
  • Any Bank Manager
  • President of Village Panchayat
  • Magistrate
  •  Post Master
  • Sub Post Master
  • Any Notary Authority.

After successfully submitting your application process, Human resources department verify your application form then it will send to EPFO Office EPFO deposits PF amount directly to the employee’s account but it takes up to 2 months.

PF Transfer process, EPFO Claim Status, PF Transfer Form.

Here we are explaining how to login to your UAN member portal and how to transfer your PF Balance one account to another account.PF transfer is easy now because EPFO launched a new system called UAN member Portal.UAN member portal provides UAN card. Rember PF transfer both accounts should be same in NAME, Father Name, Date of Birth.

PF Transfer Process:

Earlier PF transfer is difficult to compare with now. Earlier employees fill the  Form 13  which is signed by his ex-employer then give it to a new employer. An employee can send Form 13 by post also but it will create a problem as well as misplaced address.

EPFO launched an online process that is a self-service portal on 2 October 2013 which is a dramatical change in employee provident fund organization. because there is no fraud as well as easy way to transfer PF balance.

PF Transfer Offline Process:

 

 

PF Transfer Rules:

  • Both The Account should be same.
  • EPFO, as well as Employer approval, is mandatory.
  • We can’t transfer half amount, full PF amount only we can transfer one account to another account.
  • EPF Pension amount also transferred along with PF balance.
  • offline process Form 13 is compulsory to fill by Employees.

Related Articles:

For more details please visit EPFO official website: www.epfindia.com

 

Related Articles 

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UAN

UAN Activation

EPF Nalance

UAN Status

UAN Member Portal

PF Transfer

 

For More Details please visit the official EPFO website:www.epfindia.com