EPFO: Are you also planning to withdraw PF money for building a house, marriage or emergency? You can withdraw PF money online. For this, you have to apply by visiting the EPFO website. EPF i.e. Employee Provident Fund is a government scheme, in which both the employee and the employer contribute every month.
EPFO : Are you also planning to withdraw PF money for building a house, marriage or emergency? You can withdraw PF money online. For this, you have to apply by visiting the EPFO website. EPF i.e. Employee Provident Fund is a government scheme, in which both the employee and the employer contribute every month. This scheme determines the savings for the employee’s retirement. The EPF scheme is run by the EPFO. The entire money deposited in EPF is received along with interest at the time of retirement. However, if needed, employees can also withdraw this money partially or fully. If you want to withdraw PF online, then follow these easy steps.
What to do to withdraw PF?
Your UAN (Universal Account Number) should be active and linked to Aadhaar, PAN (if you are withdrawing more than Rs 50,000 before 5 years) and bank account.
Your KYC (Know Your Customer) should be verified on the EPFO portal.
Steps to withdraw PF online
Step 1: Visit the EPFO member portal website.
Step 2: Log in with your UAN and password. Enter the captcha and click on Sign In.
Step 3: Go to Manage > KYC and check if your Aadhaar, PAN and bank details are verified or not.
Step 4: Go to the Online Services tab and click on Claim (Form-31, 19, 10C & 10D).
Step 5: Verify bank details. Your account number will be displayed, enter it again and click on Verify.
Step 6: Select the type of claim
Form 19: To withdraw full PF.
Form 10C: For withdrawing pension.
Form 31: For withdrawing advance (for reasons like medical, marriage, studies etc.).
Step 7: Fill the required information and upload the required documents (like medical bills etc.).
Step 8: Click on Submit. You will get an acknowledgement, save it for future reference.
How long will it take?
After withdrawing PF, the money usually reaches your bank account within 5 to 20 working days.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
