Dear Sir/ Madam,
One of my friend has worked in organization for 2 months , his PF was deducted for that period .
I would like to know if he can withdraw that particular amount & what is the procedure
Regards
Jagdish
From India, Bangalore
One of my friend has worked in organization for 2 months , his PF was deducted for that period .
I would like to know if he can withdraw that particular amount & what is the procedure
Regards
Jagdish
From India, Bangalore
Dear Jagdish,
Ask your friend to get the pf amount transferred to the new pf account, if he is joining in some other company - it is advisable.
If he is intended to withdraw,still, please tell him that he will get only epf amount of both him and employer's share and not fps amount of employer contribution.
The procedure is :
Procedure to withdraw the pf amount
step.1:you can contact local pf office and collect form 19 and 10c (or)You can download withdrawal form in Form 19 and 10C , NSSN FORM from the website EPFO.
step2: you can fillup all the details about yourself and fill the bank account coloumn with your savings bank account.
step3: Open a savings bank account preferably with nationalised bank - mention the account number inthe forms 19 and 10C - also attach a xerox copy of the first page of the passbook(depicting the bank account number, branch location etc.,)
step4:you send the complete set of forms with enclosures to the previous employer for forwarding the forms to pf office
step5.You can obtain attestation in the column of attestation of employer/authorised person :: (if you want to send the claim straight to pf office) from the bank manager with which you are having savings bank account
step6:you can send the set of forms to the PF office in which your previous employer have accounts - by registered post.
YOU WILL GET YOUR MONEY INTO YOUR BANK ACCOUNT WITHIN 45 DAYS
From India, Madras
63Ask your friend to get the pf amount transferred to the new pf account, if he is joining in some other company - it is advisable.
If he is intended to withdraw,still, please tell him that he will get only epf amount of both him and employer's share and not fps amount of employer contribution.
The procedure is :
Procedure to withdraw the pf amount
step.1:you can contact local pf office and collect form 19 and 10c (or)You can download withdrawal form in Form 19 and 10C , NSSN FORM from the website EPFO.
step2: you can fillup all the details about yourself and fill the bank account coloumn with your savings bank account.
step3: Open a savings bank account preferably with nationalised bank - mention the account number inthe forms 19 and 10C - also attach a xerox copy of the first page of the passbook(depicting the bank account number, branch location etc.,)
step4:you send the complete set of forms with enclosures to the previous employer for forwarding the forms to pf office
step5.You can obtain attestation in the column of attestation of employer/authorised person :: (if you want to send the claim straight to pf office) from the bank manager with which you are having savings bank account
step6:you can send the set of forms to the PF office in which your previous employer have accounts - by registered post.
YOU WILL GET YOUR MONEY INTO YOUR BANK ACCOUNT WITHIN 45 DAYS
From India, Madras
hi,i have a query regarding the PF and Gratuity. left an organisation after 4.5 years and jond an new company.i want to transfer my PF fund from previous company's PF A/C to the new company'f PF A/c for this what i have to do?both companies are co-operative.further,in previous company as i worked for 4.5 years can i avail the gratiuty also.pl suggest.ashutosh
From India, New Delhi
From India, New Delhi
Hello p ramachandran,
Thanks for suggestion and links for pf form.
I have another query. I have left the previous company 7 months ago. Can I claim for PF.
Please suggest me.
Thanks,
Umesh Kumar
umeskumar[at]gmail.com
From India, Gurgaon
Thanks for suggestion and links for pf form.
I have another query. I have left the previous company 7 months ago. Can I claim for PF.
Please suggest me.
Thanks,
Umesh Kumar
umeskumar[at]gmail.com
From India, Gurgaon
Hi, According to PF act min eligiblity period is 7 Months but its not possible to make partial withdrawal. Umesh, You are eligible for with drawl of PF ,
From India, Madras
From India, Madras
dear umesh,
my advice is to get the pf amount transferred to the present employment,since it has so many benefits in the longrun. If you are not employed presently and you may get transferred whenever you got a new job. If you are very much particular in withdrawal,you can do so-nothing will prevent you.
From India, Madras
my advice is to get the pf amount transferred to the present employment,since it has so many benefits in the longrun. If you are not employed presently and you may get transferred whenever you got a new job. If you are very much particular in withdrawal,you can do so-nothing will prevent you.
From India, Madras
dear kranthikumar,
you cannot withdraw partially.Instead you can avail advance from pf on completion of 5 years. The FPS contribution of employer only cannot be withdrawn( in final withdrawal case only) if you have 6 month service only. If you cross six months you can withdraw both EPF AND FPS amounts.
From India, Madras
you cannot withdraw partially.Instead you can avail advance from pf on completion of 5 years. The FPS contribution of employer only cannot be withdrawn( in final withdrawal case only) if you have 6 month service only. If you cross six months you can withdraw both EPF AND FPS amounts.
From India, Madras
Dear kranthikumar,
You will get the entire amount of your contribuiton and employer's contribution on the EPF account-with interest as on date. In case of FPS (Family Pension Scheme) you will get a proportionate amount only on withdrawal,since it is provided for Pension purpose only.
From India, Madras
You will get the entire amount of your contribuiton and employer's contribution on the EPF account-with interest as on date. In case of FPS (Family Pension Scheme) you will get a proportionate amount only on withdrawal,since it is provided for Pension purpose only.
From India, Madras
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Early PF withdrawal won’t be easy.pdf
Guide Lines for PF Withdrawal.doc