respected all, plz guide me the procedure of withdraw of pension amount. regards Shekhar Srivastava
From India, Lucknow
From India, Lucknow
Hi Shekhar,
If you are less than 50 yrs then you can withdraw by closing your PF account. while closing you need to submit two forms 19 (To withdraw PF amount) and form 10C (To withdraw your pension Amount.
If you are more than 50 years
Eligibility for Pension:
If you want to draw pension from a different place, you have to furnish appropriate Bank / Post Office address in the application form.
Pension is distributed through Post Offices or through some designated banks only (eg: Indian Bank, SBI, Indian Overseas Bank, HDFC Bank, ICICI and UTI Bank )
Regards
Rajasekar
From India, Madras
If you are less than 50 yrs then you can withdraw by closing your PF account. while closing you need to submit two forms 19 (To withdraw PF amount) and form 10C (To withdraw your pension Amount.
If you are more than 50 years
Eligibility for Pension:
- If you have attained the age of 50 years or more and
- If you have completed a total service of 10 years or more and
- If you are not getting any other EPF Pension
If you want to draw pension from a different place, you have to furnish appropriate Bank / Post Office address in the application form.
Pension is distributed through Post Offices or through some designated banks only (eg: Indian Bank, SBI, Indian Overseas Bank, HDFC Bank, ICICI and UTI Bank )
Regards
Rajasekar
From India, Madras
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