I am Robert here, Sir. As I mentioned earlier, I left my previous company without serving the notice period and immediately joined another company. Now, my new company is asking for my previous company's PF number. What should I do? Should I ask them to create a new PF account, or will they create a new PF account for me? In case they create a new PF number, will it affect my previous company's UAN Number?
Moreover, when I logged into my previous company's UAN number, only my Aadhar was linked and verified. It is showing that to seed my bank account number and PAN number, it says, "KYC for bank is already pending for approval with the established company." What does this mean, and what is the solution for this?
Recently, I tried to transfer my PF online, but it showed that the bank account number, IFSC code, and PAN card are not linked. When I attempted to link my account number and IFSC code by logging in with my UAN number, it indicated that KYC and documents need to be approved by my employer (my previous company) and not by my current company. Will my current company be able to link my account number and IFSC code with my UAN? I believe my ex-employer will link my account number, as it requires the digital signature of the previous employer.
From India, Bengaluru
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Moreover, when I logged into my previous company's UAN number, only my Aadhar was linked and verified. It is showing that to seed my bank account number and PAN number, it says, "KYC for bank is already pending for approval with the established company." What does this mean, and what is the solution for this?
Recently, I tried to transfer my PF online, but it showed that the bank account number, IFSC code, and PAN card are not linked. When I attempted to link my account number and IFSC code by logging in with my UAN number, it indicated that KYC and documents need to be approved by my employer (my previous company) and not by my current company. Will my current company be able to link my account number and IFSC code with my UAN? I believe my ex-employer will link my account number, as it requires the digital signature of the previous employer.
From India, Bengaluru
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Since the telephone number and Aadhaar are linked to the UAN, creating another UAN is a foolish idea. It's better to use the same UAN for the present organization. You can even link the bank account and other KYCs through the present employer as well. What you need to do is manage the KYC again with the bank account, Aadhaar, and any pending approvals, and the present employer will approve it.
Regarding non-service of the notice period, the only action the previous company can take is to postpone the date of exit. You can transfer the balance from the old PF to the new PF only if the previous employer has entered the date of exit. Many companies are also following this practice. However, the EPF Organization has introduced a directive stating that the employer is responsible for marking the date of exit as soon as the employee leaves the establishment. If this is not done, the employer will have to contribute to the PF and administrative charges as if the employee is still in service. Consequently, employers are now pressured to mark the date of exit immediately after the employee's departure, regardless of any handing over or relieving formalities by the resigned employee.
From India, Kannur
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4766Regarding non-service of the notice period, the only action the previous company can take is to postpone the date of exit. You can transfer the balance from the old PF to the new PF only if the previous employer has entered the date of exit. Many companies are also following this practice. However, the EPF Organization has introduced a directive stating that the employer is responsible for marking the date of exit as soon as the employee leaves the establishment. If this is not done, the employer will have to contribute to the PF and administrative charges as if the employee is still in service. Consequently, employers are now pressured to mark the date of exit immediately after the employee's departure, regardless of any handing over or relieving formalities by the resigned employee.
From India, Kannur
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Dear Madhu sir,
Thank you very much for your reply, sir. It is very helpful for me, sir. If everything goes well as per your words, then there will not be any problems for my type of employees who come from a small town village to earn money and to fulfill their commitments.
Thanks a lot
From India, Bengaluru
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Thank you very much for your reply, sir. It is very helpful for me, sir. If everything goes well as per your words, then there will not be any problems for my type of employees who come from a small town village to earn money and to fulfill their commitments.
Thanks a lot
From India, Bengaluru
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Revised online process for issue of PF code from 1.12.2015.pdf