Dear All,
I have been working with a company for the last 4 months, and PF is deducting an amount of INR 1208 every month. I am planning to look after my shop at my native place due to some issues.
My HR has mentioned that I cannot withdraw my PF amount if the account is not 6 months old. I have only one option to transfer my PF account, and I do not want to create a PF account for my future shop.
Will my hard-earned money go to the PF fund, or is there any possibility to withdraw my amount? Please HELP!!!!!!
From India, Delhi
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I have been working with a company for the last 4 months, and PF is deducting an amount of INR 1208 every month. I am planning to look after my shop at my native place due to some issues.
My HR has mentioned that I cannot withdraw my PF amount if the account is not 6 months old. I have only one option to transfer my PF account, and I do not want to create a PF account for my future shop.
Will my hard-earned money go to the PF fund, or is there any possibility to withdraw my amount? Please HELP!!!!!!
From India, Delhi
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Dear friend, No, you are eligible to withdraw your PF. But the contribution made to pension fund will get lapsed unless you transfer it to club with future services. Abbas.P.S
From India, Bangalore
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530From India, Bangalore
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Thanks a lot for the support.
That is okay that I will not receive the pension amount. Still, I want to withdraw my PF amount, whatsoever it is. But my HR is stating that I have only one option - I can transfer my account, else the PF amount cannot be drawn. What can I do???
From India, Delhi
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That is okay that I will not receive the pension amount. Still, I want to withdraw my PF amount, whatsoever it is. But my HR is stating that I have only one option - I can transfer my account, else the PF amount cannot be drawn. What can I do???
From India, Delhi
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