Dear Team,
I have a query regarding pf transfer case as under:-
Mr. X was working with ABC company as a director w.e.f 2010 - 2013 with pf account number 123 and he is also a director of XYZ company w.e.f 2008 till date with pf account number 456.
Now after resigning from ABC company in mid 2013 he wants to transfer his PF of ABC company with account number 123 to XYZ company in pf number 456.
Is it possible??
Can a person be a member of two pf accounts at the same time?
Looking forward to your quick responses.
Chill HR
https://www.facebook.com/HRGang
From India, Gurgaon
94I have a query regarding pf transfer case as under:-
Mr. X was working with ABC company as a director w.e.f 2010 - 2013 with pf account number 123 and he is also a director of XYZ company w.e.f 2008 till date with pf account number 456.
Now after resigning from ABC company in mid 2013 he wants to transfer his PF of ABC company with account number 123 to XYZ company in pf number 456.
Is it possible??
Can a person be a member of two pf accounts at the same time?
Looking forward to your quick responses.
Chill HR
https://www.facebook.com/HRGang
From India, Gurgaon
In ur case I would recommend to withdraw the account and close to avoid any future loss of pension amount if both the account membership is 10 or more years. Since it is simultaneous membership transfer is not possible as the form of transfer u hv to fill up date of joining present employer and date of leaving previous employer.
From India, Mumbai
From India, Mumbai
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PF Online Transfer.pdf
Steps to transfer PF amount.jpg