How to file pf withdrawal form

The EPF withdrawal claim can be made by an employee if he is unemployed or when he retires. However, the online process of the PF claim is easy and time-saving hence is preferred by many.

But to use the online withdrawal claim facility, your aadhaar is mandatory to be linked with your UAN. Yes, every EPF member has its own UAN and it is compulsory to link your digit numeric number with it to reap the benefits. Once your aadhaar is linked with the EPF account, you can easily go through the claim process and get the funds in your linked bank accounts.

Step 3: Member Details will be displayed on the screen. Step 9: You may have to submit scanned documents depending on the purpose for which you have filled the form.

Step Your employer has to approve your withdrawal request after which the money will be withdrawn from your EPF account and deposited in the bank account mentioned at the time of filling the withdrawal form.

Once the claim is processed, the amount will be transferred to your bank account. Although no formal time limit has been provided by the EPFO, the money usually gets credited within days. Note: If an employee withdraws his PF amount before 5 years of continuous service, he is liable to facilitate ITR Forms 2 and 3 in order to prove a detailed breakup of the entire amount deposited in the PF account every year.

There are also other areas and details that the employer and EPFO commissioner must fill out. You may also get it from here. Instruct them to fill out the designation, date, and signature sections of the form.

Check to see if the enclosures are approved. Step 4: A pre-populated form will appear. Verify your bank account number by entering the last four numbers. Ans: If you filed EPF withdrawal form 31 online, it may take 5 to 30 days to process, while offline submissions may take a little longer. Ans; The conditions for withdrawing funds via EPF withdrawal form 31 vary depending on the cause for withdrawal and the length of employment.

Ans: On a non-refundable basis, you can file claim EPF withdrawal form 31 times with a 6-month break between each submission.

You can, however, only withdraw once for a single cause. The content on this website is meant only for general information purpose and does not and shall not be construed as any solicitation, procurement, display, aggregation, marketing or advertisement of insurance products. The information on this website is derived from publicly available sources and Loanpersonal. Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners.

Think of it as an investment plan dedicated solely for your retirement. As an addition, the employer also contributes an equal amount. The combined amount is your retirement corpus. It is like your net banking ID, you simply register using the user id UAN and set a password and access your account anytime you want.

Also, the PF account is portable throughout your life, you need not worry when switching to a new job. You can withdraw from your PF Account anytime you want.

The most dominant times where you can make a withdrawal are:. Yes, you can file an online claim for PF withdrawal and we will tell you how. As mentioned before, EPFO has made the entire process online and hassle free. Simply visit the official website of EPFO at unifiedportal-mem.

How to file an online claim for PF withdrawal? Karan Sharma 03 June Did you know that a PF can be withdrawn online?