Hi,
I have changed Three companies. The problem is that i have not closed the First Company PF. I have transferred the Second Company PF to the present company account.
Since i have not transfereed or closed, the first company PF for more than 4 years. I have problem in Transferring or closing the same.
My first concern HR has told me, that closing of the account is no way possible.
My current company HR has asked me to close and transferring is not possible.
I am in bit confused state. Request you to kindly help, what i have to do to retrieve or close my old PF Account
Regards,
Carthik Babu M.S
From India, Chennai
I have changed Three companies. The problem is that i have not closed the First Company PF. I have transferred the Second Company PF to the present company account.
Since i have not transfereed or closed, the first company PF for more than 4 years. I have problem in Transferring or closing the same.
My first concern HR has told me, that closing of the account is no way possible.
My current company HR has asked me to close and transferring is not possible.
I am in bit confused state. Request you to kindly help, what i have to do to retrieve or close my old PF Account
Regards,
Carthik Babu M.S
From India, Chennai
Do it as :-
There is no restriction or time limit to transfer or withdraw aPF fund from your previous employer.
--You can have option apply for withdrawl by filling up Form-19 & 10 C (you can send these form duly filled alongwith a canceleld cheque to your 1st employer for making it authorised. if any reason he refused to do so you can get attested these form byb anyone of the folowing- Your bank manager/Panchayat member/any gajatted officer/ Councilir etc)
-- You can apply for transfer by filling Form-13 through your 3rd (present Company) who
will forward it to his range Regional Provident Fund Commissioner for further action
No need to confuse its your money certainly get back to you it cannot be hold by taking shadow of any staturoty provision.
From India, New Delhi
16There is no restriction or time limit to transfer or withdraw aPF fund from your previous employer.
--You can have option apply for withdrawl by filling up Form-19 & 10 C (you can send these form duly filled alongwith a canceleld cheque to your 1st employer for making it authorised. if any reason he refused to do so you can get attested these form byb anyone of the folowing- Your bank manager/Panchayat member/any gajatted officer/ Councilir etc)
-- You can apply for transfer by filling Form-13 through your 3rd (present Company) who
will forward it to his range Regional Provident Fund Commissioner for further action
No need to confuse its your money certainly get back to you it cannot be hold by taking shadow of any staturoty provision.
From India, New Delhi
Hi
If you leave your PF neither transferred / withdrawn for more than 3 years, the intrest would be paid for first 3 years only. If you wish to withdraw after 3 years, you need to submit an affidavit with your signature along with Withdrawal Forms for not claiming the PF for these long years.
Similarly, you can also transfer your PF to your existing PF Account and nothing to panic in this regard. As said by our friend, it is your money and you have all right to claim it.
From India, Hyderabad
If you leave your PF neither transferred / withdrawn for more than 3 years, the intrest would be paid for first 3 years only. If you wish to withdraw after 3 years, you need to submit an affidavit with your signature along with Withdrawal Forms for not claiming the PF for these long years.
Similarly, you can also transfer your PF to your existing PF Account and nothing to panic in this regard. As said by our friend, it is your money and you have all right to claim it.
From India, Hyderabad
The reason your old HR says it is not possible to withdraw is that you can not withdraw if you're working in a company that has PF. You are required by law to transfer that money to the new company where you are working.
Fill in form 13 and submit with signatue of your current company
There is no need to get any signature from the old company. However, make sure that you have the correct pf number
From India, Mumbai
Fill in form 13 and submit with signatue of your current company
There is no need to get any signature from the old company. However, make sure that you have the correct pf number
From India, Mumbai
You can either withdraw the PF by form 19 & 10c or transfer to your new a/c by form 31.But you will not earn interest for the non -operating period after 3 years. VARGHESE MATHEW 9961266966
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Dear Mr.Carthik Babu,
You have not mentioned the number of years you have served in the first employment. If it is more than 10 years then it is advisable to opt for a scheme certificate under the Employees Pension scheme. You can withdraw the amount in PF by filing Form 19 duly signed by your first company's HR, this is because the records will be still be available with them.
In your case you have also transferred the PF of the second company to your current employment. Maybe this is the reason why your current HR is citing that yet another transfer is not possible. If the transfer process is going to be difficult, in my opinion you can opt for a scheme certificate for your Pension account. You can withdraw the PF amount as mentioned earlier. By this way you also gain the service rendered by you in your first company under the Employees Pension scheme.
M.V.Kannan
From India, Madras
You have not mentioned the number of years you have served in the first employment. If it is more than 10 years then it is advisable to opt for a scheme certificate under the Employees Pension scheme. You can withdraw the amount in PF by filing Form 19 duly signed by your first company's HR, this is because the records will be still be available with them.
In your case you have also transferred the PF of the second company to your current employment. Maybe this is the reason why your current HR is citing that yet another transfer is not possible. If the transfer process is going to be difficult, in my opinion you can opt for a scheme certificate for your Pension account. You can withdraw the PF amount as mentioned earlier. By this way you also gain the service rendered by you in your first company under the Employees Pension scheme.
M.V.Kannan
From India, Madras
submit form 13 to the 1st employer through the present employer. transfer is always the best option than opting for scheme certificate. you can prefer transfer at any time.
From India, Nizamabad
From India, Nizamabad
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PF Online Transfer.pdf
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