I have worked with a private limited company for more than 15 years. I have resigned and been relieved. I am now applying for withdrawal of my EPF balance since I will not be working as an employee in the future.
With Form 19, I have to submit Form 10D for the receipt of pension. In Form 10D, under Sr. No. 14, I have to provide my bank account details. I understand from friends in the industry that I have to open a new savings bank account to receive the pension amount, with a bank mandated by EPFO. Can somebody please provide me with a list of bank names approved/mandated by EPFO to receive the pension amount!
My residence is in Mumbai, and I would like to open an account in Mumbai, whereas I last served in Baroda and my EPF account is in Baroda. I hope I can open an account at the Mumbai branch of the EPFO-approved bank. Kindly confirm.
I am 48 years old and have left service with no plans to be an employee again. Can I opt for a reduced pension in Form 10D for a pension starting after I reach 50 years of age? Kindly suggest.
With Form 19, I have to submit Form 10D for the receipt of pension. In Form 10D, under Sr. No. 14, I have to provide my bank account details. I understand from friends in the industry that I have to open a new savings bank account to receive the pension amount, with a bank mandated by EPFO. Can somebody please provide me with a list of bank names approved/mandated by EPFO to receive the pension amount!
My residence is in Mumbai, and I would like to open an account in Mumbai, whereas I last served in Baroda and my EPF account is in Baroda. I hope I can open an account at the Mumbai branch of the EPFO-approved bank. Kindly confirm.
I am 48 years old and have left service with no plans to be an employee again. Can I opt for a reduced pension in Form 10D for a pension starting after I reach 50 years of age? Kindly suggest.