There is no any time frame for withdrawal of PF. you have two options for the same. First one -if you have joined any other organisdation then send the form 13 for PF transfer either you can submit the form for withdrawal but it will be subject to tax if you have served in previous organisation less than five year
Regrds,
Mantu
From India, Jamshedpur
Regrds,
Mantu
From India, Jamshedpur
Even though there is no time limit to withdraw PF amount; on 15.9.2010 the Central Board of Trustees (EPF) has decided to not add interest to PF accounts inoperative for more than three years.
Abbas.P.S
From India, Bangalore
517Abbas.P.S
From India, Bangalore
Hi Meetu,
There is not time limit fixed for claim withdrawal of PF accumulation from the authority. As Abasiti said the Interest part is not payable after three years.
So don’t worry your PF accumulation is safe and you can submit the withdrawal now also.
With Regards,
Sunil Kaura.
From India, Ratnagiri
There is not time limit fixed for claim withdrawal of PF accumulation from the authority. As Abasiti said the Interest part is not payable after three years.
So don’t worry your PF accumulation is safe and you can submit the withdrawal now also.
With Regards,
Sunil Kaura.
From India, Ratnagiri
Dear Meetu,
You can apply for withdrawl of your EPF accumulation only by filling form 19 & 10c duly attested by employer and submit the same to the concerned EPF office.
thanks & regards,
from,
Sumit Kumar Saxena,
+91-9899669071, 0120-4131277
From India, Ghaziabad
You can apply for withdrawl of your EPF accumulation only by filling form 19 & 10c duly attested by employer and submit the same to the concerned EPF office.
thanks & regards,
from,
Sumit Kumar Saxena,
+91-9899669071, 0120-4131277
From India, Ghaziabad
PROVIDENT FUND, FOR WHATEVER PERIOD IT MAY BE, is withdrawable at any point of time, during the lifetime of the member or even after that, it does not become time barred.
you can apply for withdrawal from any city or village in India.
If you have not claimed the provident fund / pension amount for three consecutive years after the discontinuation of services, reasons whatsoevr, you may have to furnish aN affidavit cum indemnity bond to the concenred regional provident fund commissioner-ii specifying the reasons for being late in claiming the provident fund accumulations
should you require any further assistance, please feel free to mail me on
Adv. Prasiddh Narayan, Goa
9765664475
From India, Mumbai
you can apply for withdrawal from any city or village in India.
If you have not claimed the provident fund / pension amount for three consecutive years after the discontinuation of services, reasons whatsoevr, you may have to furnish aN affidavit cum indemnity bond to the concenred regional provident fund commissioner-ii specifying the reasons for being late in claiming the provident fund accumulations
should you require any further assistance, please feel free to mail me on
Adv. Prasiddh Narayan, Goa
9765664475
From India, Mumbai
Hi
This is not a problem at all, the more you delay the more will be your returns as the department returns back the money with interest. how do you feel now. you need to fill in the form and submit it at the department with your bank details and you will receive the money within 45 days.
regards
john
From India, Bangalore
This is not a problem at all, the more you delay the more will be your returns as the department returns back the money with interest. how do you feel now. you need to fill in the form and submit it at the department with your bank details and you will receive the money within 45 days.
regards
john
From India, Bangalore
Dear Meetu
You can withdraw PF anytime after 60days from the date of leaving by submitting form 19 and 10 C to your previous employer. Pension amount can also be withdrawn provided your membership is less than 10 years else you have completed 10 year service you get the Pension scheme Certificate for pension after 58 years of age. It is better to get it transferred if your working still.
PF Transfer form No. 13 only signed by Present Employer, in future better useful.
With regards,
Balamurugan.L
(Cell No. 9488829216P
From India, Madras
You can withdraw PF anytime after 60days from the date of leaving by submitting form 19 and 10 C to your previous employer. Pension amount can also be withdrawn provided your membership is less than 10 years else you have completed 10 year service you get the Pension scheme Certificate for pension after 58 years of age. It is better to get it transferred if your working still.
PF Transfer form No. 13 only signed by Present Employer, in future better useful.
With regards,
Balamurugan.L
(Cell No. 9488829216P
From India, Madras
HI,
Pl contact your employeer and fill up the withdrawal form 19 & 10C and send it thro your previous employeer(for smoother settlement). The claim will be settled within 30 days from the date of submission of Form. OR if you are working currently please transfer the previous PF amount to your current PF account.
M.Padmanaban
From India, Madras
Pl contact your employeer and fill up the withdrawal form 19 & 10C and send it thro your previous employeer(for smoother settlement). The claim will be settled within 30 days from the date of submission of Form. OR if you are working currently please transfer the previous PF amount to your current PF account.
M.Padmanaban
From India, Madras
no problem at all .you can withdraw your fund anytime after two months of resignation. just filled 19&10c form deposit in to pf local office where your contribution paid.
From India, Delhi
From India, Delhi
PF ACCOUNTS IDLE FOR 36 MONTHS OR MORE MONTHS TO FETCH NO INTEREST
The decision by the Employee Provident Fund Organisation (EPFO) to stop paying interest on accounts that have not been operated for 36 months or more is expected to cover 60 per cent of the accounts. According to EPFO estimates, there were 30.5 million inoperative accounts across 120 offices. In all, the agency had 47.1 million subscribers at the end of March 2009, which is estimated to have increased during the last financial year. However, latest data on the total number of subscribers was not available.
In all, the agency estimated that Rs 15,416 crore was lying in inoperative accounts (see table).
While 85 per cent of the inoperative accounts have a balance of less than Rs 5,000, such accounts having less than Rs 1,000 are 51 per cent. The balance in some of these are as low as Rs 1 or Rs 2, but maintaining these accounts cost around Rs 100. EPFO said over 11 per cent of the inoperative accounts had less than Rs 100.
The low balance in inoperative accounts was the result of subscribers giving up on their jobs, while the ones with more funds may have been the result of members choosing to leave the balance and opting to open a new account while switching jobs.
“As long as someone is in employment, the employer pays a 1.1 per cent fee on the amount deducted. But the moment, the deduction stops, the fee also ends, as it cannot be levied on the employee. So, EPFO ends up spending money to keep the account running,” said an official.
Although one option was to levy an annual maintenance charge of Rs 100 on the inoperative accounts, EPFO has decided against it. Instead, yesterday, the Central Board of Trustees decided that from April 1, 2011, EPFO will stop paying interest for inoperative accounts from the 37th month. It was also decided that in case these accounts remain dormant and, if any member claims it, with proper identity, the balance in the account will be paid to the subscriber. Also, in case an establishment defaults in payment of contribution for 36 months, accounts would be made operative on payment of the dues and the interest on it.
From India, Chandigarh
The decision by the Employee Provident Fund Organisation (EPFO) to stop paying interest on accounts that have not been operated for 36 months or more is expected to cover 60 per cent of the accounts. According to EPFO estimates, there were 30.5 million inoperative accounts across 120 offices. In all, the agency had 47.1 million subscribers at the end of March 2009, which is estimated to have increased during the last financial year. However, latest data on the total number of subscribers was not available.
In all, the agency estimated that Rs 15,416 crore was lying in inoperative accounts (see table).
While 85 per cent of the inoperative accounts have a balance of less than Rs 5,000, such accounts having less than Rs 1,000 are 51 per cent. The balance in some of these are as low as Rs 1 or Rs 2, but maintaining these accounts cost around Rs 100. EPFO said over 11 per cent of the inoperative accounts had less than Rs 100.
The low balance in inoperative accounts was the result of subscribers giving up on their jobs, while the ones with more funds may have been the result of members choosing to leave the balance and opting to open a new account while switching jobs.
“As long as someone is in employment, the employer pays a 1.1 per cent fee on the amount deducted. But the moment, the deduction stops, the fee also ends, as it cannot be levied on the employee. So, EPFO ends up spending money to keep the account running,” said an official.
Although one option was to levy an annual maintenance charge of Rs 100 on the inoperative accounts, EPFO has decided against it. Instead, yesterday, the Central Board of Trustees decided that from April 1, 2011, EPFO will stop paying interest for inoperative accounts from the 37th month. It was also decided that in case these accounts remain dormant and, if any member claims it, with proper identity, the balance in the account will be paid to the subscriber. Also, in case an establishment defaults in payment of contribution for 36 months, accounts would be made operative on payment of the dues and the interest on it.
From India, Chandigarh
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Early PF withdrawal won’t be easy.pdf
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