1) Just read somewhere recently that now in the case of submitting a claim for EPF withdrawal, you also need to attach a cancelled cheque copy of the bank account that is linked to the EPF account. Is it true?
2) What details are required to be submitted while submitting a claim for EPF withdrawal?
3) Also, in the case of unemployment for more than 2 months, is 100% withdrawal possible from EPF?
From India, Mumbai
2) What details are required to be submitted while submitting a claim for EPF withdrawal?
3) Also, in the case of unemployment for more than 2 months, is 100% withdrawal possible from EPF?
From India, Mumbai
Hi,
Submission of a canceled cheque was required when claiming through physical form submission. Now, with the successful implementation of the UAN portal, PF can be claimed fully, partially, or transferred to a new employer's account through the UAN portal itself. Only bank details authentication is necessary; a canceled cheque leaf is not required for UAN transactions.
If one is unemployed for 2 months or more, 100% of the PF can be claimed, including the pension. However, if the total service period exceeds 10 years, the pension contribution cannot be claimed and will be paid as a pension after reaching 58 years of age.
Thank you.
From India, Madras
Submission of a canceled cheque was required when claiming through physical form submission. Now, with the successful implementation of the UAN portal, PF can be claimed fully, partially, or transferred to a new employer's account through the UAN portal itself. Only bank details authentication is necessary; a canceled cheque leaf is not required for UAN transactions.
If one is unemployed for 2 months or more, 100% of the PF can be claimed, including the pension. However, if the total service period exceeds 10 years, the pension contribution cannot be claimed and will be paid as a pension after reaching 58 years of age.
Thank you.
From India, Madras
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