Respected Sir , Please tell me after resignation. how long before we withdrawal our epf?
From India, Chandigarh
From India, Chandigarh
Harnek,
You can submit your withdrawal claim 2 months after you leave your establishment. (Be careful in interpreting my note, it's 2 months after you leave your company and not 2 months after your resignation). You would also have to sign a section in the pension withdrawal form wherein you declare that you are not employed with the establishment.
Cheers, A.B.
From India, Mumbai
You can submit your withdrawal claim 2 months after you leave your establishment. (Be careful in interpreting my note, it's 2 months after you leave your company and not 2 months after your resignation). You would also have to sign a section in the pension withdrawal form wherein you declare that you are not employed with the establishment.
Cheers, A.B.
From India, Mumbai
Immediate Settlement without waiting period of 2 months:
69(1)(a) Retirement after attaining 55 years of age
69(1)(b) Retirement on account of total and permanent incapacity due to bodily or mental infirmity
69(1)(c) Migration from India for permanent settlement abroad or taking employment abroad
69(1)(d) Termination of Service on retrenchment
69(1)(dd) Termination on V.R.S
For female members leaving service for the purpose of getting married; waiting period not applicable
Settlement only after a waiting period of 2 months:
69(1)(e)(i) Transfer of a non-retrenched employee from a closed establishment to an uncovered establishment
69(1)(e)(ii) Transfer of a non-retrenched employee from a closed establishment to an uncovered establishment under the same employer
69(1)(e)(iii) Members discharged & retrenchment compensation paid under I.D. Act 1947
69(2) Other cases viz. Resignation, Leaving service, etc.
Regards,
J. Basak
From India, Calcutta
69(1)(a) Retirement after attaining 55 years of age
69(1)(b) Retirement on account of total and permanent incapacity due to bodily or mental infirmity
69(1)(c) Migration from India for permanent settlement abroad or taking employment abroad
69(1)(d) Termination of Service on retrenchment
69(1)(dd) Termination on V.R.S
For female members leaving service for the purpose of getting married; waiting period not applicable
Settlement only after a waiting period of 2 months:
69(1)(e)(i) Transfer of a non-retrenched employee from a closed establishment to an uncovered establishment
69(1)(e)(ii) Transfer of a non-retrenched employee from a closed establishment to an uncovered establishment under the same employer
69(1)(e)(iii) Members discharged & retrenchment compensation paid under I.D. Act 1947
69(2) Other cases viz. Resignation, Leaving service, etc.
Regards,
J. Basak
From India, Calcutta
You can submit the PF withdrawal form at the PF office after 60 days from your relieving. Before 60 days, they won't accept your form.
Once you submit the form, your PF will be credited to your account within a week.
From India, Chandigarh
Once you submit the form, your PF will be credited to your account within a week.
From India, Chandigarh
Hi http://www.mydailylifetips.com/how-to-withdraw-employee-provident-fund-epf-amount-in-india/ I think this should answer some basic information about epf.
From India, undefined
From India, undefined
Dear Harnek Singh,
Once you are relieved from the company, only after 2 months can you withdraw PF provided you don't have any job during these 2 months. If the new organization has PF, you can transfer your PF amount instead of withdrawing. I hope I have clarified your query. If you have any doubts, please let me know.
From India, Madras
Once you are relieved from the company, only after 2 months can you withdraw PF provided you don't have any job during these 2 months. If the new organization has PF, you can transfer your PF amount instead of withdrawing. I hope I have clarified your query. If you have any doubts, please let me know.
From India, Madras
Hi Harnek,
After 60 days of leaving the current organization, you can withdraw the EPF. You have to fill out 2 withdrawal forms (Form No. 19 & 10 C), bring 2 revenue stamps, and provide 1 cancelled cheque from your active account. Then, visit your last company for further formalities.
Thanks,
Smita
From India, Delhi
After 60 days of leaving the current organization, you can withdraw the EPF. You have to fill out 2 withdrawal forms (Form No. 19 & 10 C), bring 2 revenue stamps, and provide 1 cancelled cheque from your active account. Then, visit your last company for further formalities.
Thanks,
Smita
From India, Delhi
You can lodge your claim for PF withdrawal immediately after resignation, i.e., Form No. 10C and 19, to your previous employer for their endorsement and submission to the concerned PF office for its necessary proceedings.
From India, Lucknow
From India, Lucknow
Learned members have told you how and by when you should withdraw your PF. However, my suggestion would be not to withdraw PF balances. Instead, transfer them to your new company and continue to save in PF, which is a tax-efficient instrument. Small drops of savings will eventually create a larger ocean of savings for every employed person. Resist the temptation to withdraw. This is just a piece of advice.
From India, Pune
From India, Pune
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