The waiting period to withdrawal of PF is being extended for six months. This is also being mentioned in the stationary supplied by PF office..... Regards.... Bhupinder Kumar
From India, Mohali
1From India, Mohali
DEAR SIR I DO NOT RESIGNED FROM MY LAST JOB AND JOINED NEW COMPANY. TELL ME THE FULL PROCEDURE HOW MAY I GET MY PF AMOUNT REFUND???
From India, Mumbai
From India, Mumbai
Hi Sir/Madam,
I have completed 5 years of service, just quit my current job and want to withdraw my PF as
i want to save it for my further studies next year and i want to have liquid cash
when am travelling.
However i am not going to be unemployed, i will be joining a new job for one more year.
Can i go ahead and withdraw? will i be taxed?
From India, Bangalore
I have completed 5 years of service, just quit my current job and want to withdraw my PF as
i want to save it for my further studies next year and i want to have liquid cash
when am travelling.
However i am not going to be unemployed, i will be joining a new job for one more year.
Can i go ahead and withdraw? will i be taxed?
From India, Bangalore
No. If you have a service of 5 years or more in EPF, the PF amount as well as withdrawal benefit from pension fund will be exempted from Income Tax. Abbas.P.S
From India, Bangalore
From India, Bangalore
Hi Mallik, I had submit my PF form with all document on June 1st week, But after two months, right now they are asking me to submit Form15G !
Is it necessary for the Application? Why i need to submit it?
From India, Chennai
Is it necessary for the Application? Why i need to submit it?
From India, Chennai
Hi, I want to withdraw PF from my previous organization.i worked in this organization only 6 months.what is the process ?.
From India, undefined
From India, undefined
You can withdraw your PF of a previous employer with minimal HR involvement .
In order to use this method , make sure your Form 11 is filled and completed . Here are the list of documents you require to withdraw your amount without involvement by the employer -
Form 19
Form 10 C
Form 15 G
Along with this forms you need to attach a cancelled cheque as well
Here is an article link that has a downloadable PF withdrawal form that you can use to withdraw your PF - https://quikchex.in/withdraw-provident-fund-balance/
From India, Mumbai
In order to use this method , make sure your Form 11 is filled and completed . Here are the list of documents you require to withdraw your amount without involvement by the employer -
Form 19
Form 10 C
Form 15 G
Along with this forms you need to attach a cancelled cheque as well
Here is an article link that has a downloadable PF withdrawal form that you can use to withdraw your PF - https://quikchex.in/withdraw-provident-fund-balance/
From India, Mumbai
Mr. Ravindra kasture,
Since your service is less than or up to 6 months, you are eligible to withdraw, your and employer contribution to PF only. First, check your UAN no as provided by your employer, if they have not provided it to you, you can check and get your UAN no from the link Check UAN Status by mentioning your PF number details.
To withdraw PF without involvement of your Employer, you have to fill UAN based form 19 and can send directly to your concerned PF office along with Form 15G, Xerox copy of PAN card, NEFT form and cancelled cheque in support of your KYC.
Please note that the process will be applicable to those who had activate their UAN and their KYC details is uploaded and approved by employer in the PF web portal.
Regards,
Bhupinder Kumar
From India, Pathankot
Since your service is less than or up to 6 months, you are eligible to withdraw, your and employer contribution to PF only. First, check your UAN no as provided by your employer, if they have not provided it to you, you can check and get your UAN no from the link Check UAN Status by mentioning your PF number details.
To withdraw PF without involvement of your Employer, you have to fill UAN based form 19 and can send directly to your concerned PF office along with Form 15G, Xerox copy of PAN card, NEFT form and cancelled cheque in support of your KYC.
Please note that the process will be applicable to those who had activate their UAN and their KYC details is uploaded and approved by employer in the PF web portal.
Regards,
Bhupinder Kumar
From India, Pathankot
WITHDRAWAL FROM EPF FOR HOUSING - GAZETTE NOTIFICATION.
Needy can avail this facility as per the guideline provided in this circular/gazetter notification attached hereto:
------------------------------
Employees’ Provident Fund Organisation
(Ministry of Labour & Employment, Govt Of India)
Head Office
Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066
www.epfindia.gov.in www.epfindia.nic.in
Phone: 011-26175914, Fax No.: 011-26177829
No. WSU/39(1)2017/Housing Scheme. Date: 21.04.2017
To
All Addl. Central Provident Fund Commissioners (HQ/Zone)
All Regional Provident Fund Commissioners of Regional Offices.
Sub: Withdrawal from the provident fund to facilitate housing needs of workers Gazette Notification on amendment in EPF Scheme, 1952.
Sir/Madam,
The copy of Gazette Notification No. G.S.R. 351(E) dated 12th April, 2017 on insertion of paragraph 68-BD in EPF Scheme, 1952 is enclosed for carrying out following actions immediately with full vigour:-
1. Give wide publicity to the above notification amongst employers and members of Provident Fund through media, e-mails, seminars, workshops etc. Awareness about the new provision should be created, especially through employers’ associations and workers’ unions so that eligible and willing members can avail withdrawal and loan repayment facilities.
2. In case of projects, member may apply for withdrawal, being a member of society having ten or more members and registered under any law and the society is desirous of purchasing dwelling houses/flats (including flats in a building owned jointly with others) or for construction of dwelling houses including the acquisition of a suitable site from the government or any Housing Agency under any Housing Scheme or any promoter/builder for the members. Member may apply individually/jointly through housing society in the format enclosed herewith (Annexure-I) to get a certificate from the commissioner specifying balance in his/their provident fund accounts alongwith monthly contributions during last 3 months preceding the month of receipt of such application. Certificate in enclosed format (Annexure-II) may be issued by the commissioner to the members/housing society as the case may be. Alternatively PF members may get print out of their passbook from the website of EPFO for submitting to the housing cooperative society/banks. It is directed that all employers and workers be facilitated for housing projects as per provisions of para 68-BD of EPF Scheme, 1952 but EPFO shall not recommend or be associated in the agreement with any particular builder/promoter/housing agency/housing society.
3. Members may not have repayment capacity to borrow requisite funds from banks/other prime lending housing finance companies etc. In addition to the lump sum withdrawal up to 90% of accumulations in provident fund accounts, members may opt for full/part repayment of loans out of monthly P.F. contributions also. For this purpose, banks/prime lending institutions may make use of the aforesaid certificate containing details of Provident Fund contributions received in members’ account during last three months for facilitation of loan processing to arrive at equated monthly installments for withdrawal under Para 68 BD(3).
4. Composite Claim Forms can be made use of by members for withdrawals for purposes under Para 68-BD as a member of cooperative society or society registered for housing purpose, and for authorization to Commissioner to repay monthly installments for repayment of loan to the Government or a Housing Agency or Primary Lending Agency or bank.
5. In addition to the composite claim form in clause (4) above, a letter of authorization cum undertaking signed by the member for repayment of monthly installment out of Provident Fund Account may also be obtained in enclosed format (Annexure-III).
6. Members whose annual income is less than the amount specified in Pradhan Mantri Awas Yojna and do not own a house in the name of any family member anywhere in India, can avail of interest subsidy up to Rs. 2.20 lakhs in Credit Linked Subsidy Scheme (CLSS). This subsidy is being disbursed by the Ministry of Housing & Urban Poverty Alleviation (MoHUPA), Government of India through its nodal agency HUDCO and National Housing Bank details of which are available on the website at Ministry of Housing and Urban Poverty Alleviation,Government Of India. For availing the subsidy, member may get loan from public/private sector banks, cooperative banks and housing finance companies details of which are available at web-links http://mhupa.gov.in/writereaddata/ews-lig-pli.pdf as well as http://mhupa.gov.in/writereaddata/mig-pli.pdf . HUDCO will facilitate implementation of the scheme jointly with EPFO through their various field offices. (Copy of MoU with HUDCO will be forwarded separately).
This issues with the approval of Central P.F. Commissioner.
Enclosures: As above.
(KRISHAN LAL TANEJA)
Addl. Central P.F. Commissioner (Enroll. & Housing).
From India, Bangalore
Needy can avail this facility as per the guideline provided in this circular/gazetter notification attached hereto:
------------------------------
Employees’ Provident Fund Organisation
(Ministry of Labour & Employment, Govt Of India)
Head Office
Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066
www.epfindia.gov.in www.epfindia.nic.in
Phone: 011-26175914, Fax No.: 011-26177829
No. WSU/39(1)2017/Housing Scheme. Date: 21.04.2017
To
All Addl. Central Provident Fund Commissioners (HQ/Zone)
All Regional Provident Fund Commissioners of Regional Offices.
Sub: Withdrawal from the provident fund to facilitate housing needs of workers Gazette Notification on amendment in EPF Scheme, 1952.
Sir/Madam,
The copy of Gazette Notification No. G.S.R. 351(E) dated 12th April, 2017 on insertion of paragraph 68-BD in EPF Scheme, 1952 is enclosed for carrying out following actions immediately with full vigour:-
1. Give wide publicity to the above notification amongst employers and members of Provident Fund through media, e-mails, seminars, workshops etc. Awareness about the new provision should be created, especially through employers’ associations and workers’ unions so that eligible and willing members can avail withdrawal and loan repayment facilities.
2. In case of projects, member may apply for withdrawal, being a member of society having ten or more members and registered under any law and the society is desirous of purchasing dwelling houses/flats (including flats in a building owned jointly with others) or for construction of dwelling houses including the acquisition of a suitable site from the government or any Housing Agency under any Housing Scheme or any promoter/builder for the members. Member may apply individually/jointly through housing society in the format enclosed herewith (Annexure-I) to get a certificate from the commissioner specifying balance in his/their provident fund accounts alongwith monthly contributions during last 3 months preceding the month of receipt of such application. Certificate in enclosed format (Annexure-II) may be issued by the commissioner to the members/housing society as the case may be. Alternatively PF members may get print out of their passbook from the website of EPFO for submitting to the housing cooperative society/banks. It is directed that all employers and workers be facilitated for housing projects as per provisions of para 68-BD of EPF Scheme, 1952 but EPFO shall not recommend or be associated in the agreement with any particular builder/promoter/housing agency/housing society.
3. Members may not have repayment capacity to borrow requisite funds from banks/other prime lending housing finance companies etc. In addition to the lump sum withdrawal up to 90% of accumulations in provident fund accounts, members may opt for full/part repayment of loans out of monthly P.F. contributions also. For this purpose, banks/prime lending institutions may make use of the aforesaid certificate containing details of Provident Fund contributions received in members’ account during last three months for facilitation of loan processing to arrive at equated monthly installments for withdrawal under Para 68 BD(3).
4. Composite Claim Forms can be made use of by members for withdrawals for purposes under Para 68-BD as a member of cooperative society or society registered for housing purpose, and for authorization to Commissioner to repay monthly installments for repayment of loan to the Government or a Housing Agency or Primary Lending Agency or bank.
5. In addition to the composite claim form in clause (4) above, a letter of authorization cum undertaking signed by the member for repayment of monthly installment out of Provident Fund Account may also be obtained in enclosed format (Annexure-III).
6. Members whose annual income is less than the amount specified in Pradhan Mantri Awas Yojna and do not own a house in the name of any family member anywhere in India, can avail of interest subsidy up to Rs. 2.20 lakhs in Credit Linked Subsidy Scheme (CLSS). This subsidy is being disbursed by the Ministry of Housing & Urban Poverty Alleviation (MoHUPA), Government of India through its nodal agency HUDCO and National Housing Bank details of which are available on the website at Ministry of Housing and Urban Poverty Alleviation,Government Of India. For availing the subsidy, member may get loan from public/private sector banks, cooperative banks and housing finance companies details of which are available at web-links http://mhupa.gov.in/writereaddata/ews-lig-pli.pdf as well as http://mhupa.gov.in/writereaddata/mig-pli.pdf . HUDCO will facilitate implementation of the scheme jointly with EPFO through their various field offices. (Copy of MoU with HUDCO will be forwarded separately).
This issues with the approval of Central P.F. Commissioner.
Enclosures: As above.
(KRISHAN LAL TANEJA)
Addl. Central P.F. Commissioner (Enroll. & Housing).
From India, Bangalore
Dear Friend,
I want to withdraw 90% of my pf contribution as per new rule 2017 for down payment to builder for flat booking which is under construction.
I checked current composite withdrawal form in which there is mentioned "for purchase of site/flat indicate cheque to be drawn in favour of and payees address", so in this case whether i have to mention builder name and address or need to mentioned my self name and address to withdraw pf in favour.
From India, Madras
I want to withdraw 90% of my pf contribution as per new rule 2017 for down payment to builder for flat booking which is under construction.
I checked current composite withdrawal form in which there is mentioned "for purchase of site/flat indicate cheque to be drawn in favour of and payees address", so in this case whether i have to mention builder name and address or need to mentioned my self name and address to withdraw pf in favour.
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF Online Transfer Process.pdf