31- I feel chances of you getting interest are very bleak, due to following reasons
- Any body or trust will pay you interest only in case they are earning interest / return on amount they are holding. In your case once the account is settled and cheque is issued, that amount is not at all in a investable form and will not earn any interest. It will remain in a current bank account, and as you may know Current Bank Account hardly earns any interest.
- Some citeher members have suggested that you should get interest since PF Trust earns interest on amounts held by them but in your case after settlement of account and issuance of cheque, that amount can not be invested and will not earn interest.
- You can probably pressurize your current employer to pay interest since fault lies with them. They who misplaced a cheque and also kept quite.
From India, Pune
Dear ganeshnewbi
Your interest will be given by your previous employer till you work with them.
After joining new organisation all interest will be given by your new employer.
So it's your new employer duty to give you interest bcz your last employer had given you full and final cheque of your pf amount. It's your new employer mistake to not deposited your cheque. And it was your mistake also that you didn't check your pf status.
Sandeep Kumar
From India, Delhi
Your interest will be given by your previous employer till you work with them.
After joining new organisation all interest will be given by your new employer.
So it's your new employer duty to give you interest bcz your last employer had given you full and final cheque of your pf amount. It's your new employer mistake to not deposited your cheque. And it was your mistake also that you didn't check your pf status.
Sandeep Kumar
From India, Delhi
When I clarified with our RPFC, the maximum time for the expiry of a cheque is 6 months. For that 6 months PF Trust will not get the interest. But for rest of the period, interest will be accrued towards your account for which you are entitled to receive.
Abbas.P.S
From India, Bangalore
Abbas.P.S
From India, Bangalore
From what I could make out that your previous company should have issued the cheque in the name of the regional PF commissioner of your new company location. Your transfer application also would have mentioned the same which would have included your new PF account no. In case, your transfer application is not as per the above, then it is your fault. Moreover, you have mentioned that the previous company issued the cheque in the name of your existing company, which is against the rules. They are supposed to transfer it only to the PF Trust or RPFC. They would have sent it be courier or by registered post, which is as per the rules. You can demand the proof of delivery. In case they are unable to provide the proof of delivery then it means that though they have prepared the cheque, they have not issued the same and the liability continues to rest on them. I suggest that you may take up the case through the RPFC of the previous company location with due copies to RPFC of existing company and to both your companies managing directors. All the best.
From India, Jamnagar
From India, Jamnagar
You must have filled in the Form 13 and submitted it to your ex/present employer for the transfer of accumulation to your new account.
Byusing the online Employees Provident Fund internet Grievance Management System (EPFiGMS) you can know about the present status :
However, still, one can take some measures to get the information:
01. First you should directly ask your HR dept. to provide your PF Number, and other assistance that you require concerning your PF related issue.
02. However, if employer neglects your request, just approach Regional PF Office and consult EDP section. (You have to be smart and humble while requesting EDP section, just tell your company's Name, your name and your Account No., the person will verify your records through computer and will let you know the exact status as on date)
03. All of you seeking PF related help may use the following link which will take you to EPFO newly launched "Employees Provident Fund internet Grievance Management System (EPFiGMS) portal: EPFO <link updated to site home> or go to Home Page
This is the New service started by EPFO for online redressal of grievances of the members of EPFO and covers the following types of the queries:
1. Withdrawal/Final Settlement of PF (Form19/20/31/10C)
2. Transfer of PF Accumulations (Form 13)
3. Scheme Certificate (Form 10 C)
4. Settlement of Pension (Form 10 D)
5. Issue of PF Slip/PF Balance
6. Payment of Insurance Benefit (Form 5 IF)
7. Cheque Returned/Misplaced
8. Other (Not covered above)
I HAVE USED THIS FACILITY MYSELF AND I GOT THE ONLINE REPLY WITHIN 9 DAYS.
Please tell us your experience with the above so that the other members could be benefited accordingly.
04. Also see my blog at :
EPFiGMS – EPF i-GRIEVIENCE MAMAGEMENT SYSTEM - Blogs - RTI INDIA
Epfo has introduced the sms based communication platform - Blogs - RTI INDIA
Pf accounts idle for 36 months or more months to fetch no interest - Blogs - RTI INDIA
From India, Chandigarh
Byusing the online Employees Provident Fund internet Grievance Management System (EPFiGMS) you can know about the present status :
However, still, one can take some measures to get the information:
01. First you should directly ask your HR dept. to provide your PF Number, and other assistance that you require concerning your PF related issue.
02. However, if employer neglects your request, just approach Regional PF Office and consult EDP section. (You have to be smart and humble while requesting EDP section, just tell your company's Name, your name and your Account No., the person will verify your records through computer and will let you know the exact status as on date)
03. All of you seeking PF related help may use the following link which will take you to EPFO newly launched "Employees Provident Fund internet Grievance Management System (EPFiGMS) portal: EPFO <link updated to site home> or go to Home Page
This is the New service started by EPFO for online redressal of grievances of the members of EPFO and covers the following types of the queries:
1. Withdrawal/Final Settlement of PF (Form19/20/31/10C)
2. Transfer of PF Accumulations (Form 13)
3. Scheme Certificate (Form 10 C)
4. Settlement of Pension (Form 10 D)
5. Issue of PF Slip/PF Balance
6. Payment of Insurance Benefit (Form 5 IF)
7. Cheque Returned/Misplaced
8. Other (Not covered above)
I HAVE USED THIS FACILITY MYSELF AND I GOT THE ONLINE REPLY WITHIN 9 DAYS.
Please tell us your experience with the above so that the other members could be benefited accordingly.
04. Also see my blog at :
EPFiGMS – EPF i-GRIEVIENCE MAMAGEMENT SYSTEM - Blogs - RTI INDIA
Epfo has introduced the sms based communication platform - Blogs - RTI INDIA
Pf accounts idle for 36 months or more months to fetch no interest - Blogs - RTI INDIA
From India, Chandigarh
Dear Sir, In my opinion, since the amount has not been debited from the accounts of P.F Trust, as such Trust will have to issue STOP PAYMENT ORDERS to the bank concerned after taking all the required actions as per Banking Rules in such cases. If the cheque is Time Barred, even then ,TRUST can safely resettle the claim and issue fresh cheque with upto date interest. Tust may take an undertaking or the indeminity bond if still required.
I agree with the views of Mr. S K Bhargava to take up the matter with Additional CPFC as all Trusts will have to follow the Model P.F. Rules and Employer will have to bear with the loss if any.
With due regards,
A.K.Chandok,
ex-RPFC
From India, Chandigarh
I agree with the views of Mr. S K Bhargava to take up the matter with Additional CPFC as all Trusts will have to follow the Model P.F. Rules and Employer will have to bear with the loss if any.
With due regards,
A.K.Chandok,
ex-RPFC
From India, Chandigarh
Hi I had similar experience where in i transferred my PF from TATA PF trust to EPFO after switching my job.
There is Interest loss of 2 Months in this case. Tata says they made Cheque on 14 September 2017 so Interset of September and onwards will be paid by EPFO. but EPFO says that they received Cheque in October 2017 and will provide Interest form November 2017 Onwards.
I raised it on EPFGIMS --SROVS/E/2019/01598 and PGPORTAL -MOLBR/E/2019/07977
but nothing has been done till now.
Please suggest how can i get this interest.
From India , Chennai
There is Interest loss of 2 Months in this case. Tata says they made Cheque on 14 September 2017 so Interset of September and onwards will be paid by EPFO. but EPFO says that they received Cheque in October 2017 and will provide Interest form November 2017 Onwards.
I raised it on EPFGIMS --SROVS/E/2019/01598 and PGPORTAL -MOLBR/E/2019/07977
but nothing has been done till now.
Please suggest how can i get this interest.
From India , Chennai
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