No Tags Found!

Dear Friends,



1. PF Withdrawal upon resignation :



Upon resignation an employee can either withdraw or transfer his/her PF amounts at his desire.



a) For Withdrawal : Inorder to withdraw the PF/ Pension funds you have to submit form 19 and 10 C preferably through your employer. Depending upon the attitude and working capabilities of employees in the respective EPF Office, it will take 45 to 60 days to get your balance credited to your bank account.Withdrawls of PF can be done only after 60 days period after resignation.



Form No 19 is for Provident fund withdrawal & Form No. 10 C is for Pension scheme withdrawal. I have attached both the forms for your reference.



b) For Transfer : For transfer you have to get form 13 submitted through your present Company but you need to know your earlier PF a/c no.etc.

Also you need to provide following details to your current company.

  • Name and address of the previous company from which PF is still pendind to be claimed.
  • Group Code of the previous comapny.
  • Date of Joining and date iof leaving from previous company.
  • Your PF no from the previous company.


2. PF withdrawal during Working period :



The Provident Fund members can avail advances / partial withdrawals subject to certain conditions like Marriage for self and dependant sisters, brothers etc / purchasing of dwelling house or repayment of housing loan / specified medical treatments / Closure of establishment etc.,



You need to submit FORM 31 for claiming amount. But the PF authorities will sanction only if you satisfy the qualifying conditions. I have attached a document " Guidelines for PF withdrawal" that gives you an clear idea like on what grounds can a employee withdraw PF during his/her working period.



Hope this information is of some use to you. Seniors please add your comments and suggestions. Please correct me if am wrong anywhere. I just shared what i knew.



Have a great day ahead.





Regards

Babu

From India, Madras
Attached Files (Download Requires Membership)
File Type: pdf 10c_form_pension_fund_132.pdf (68.5 KB, 28531 views)
File Type: pdf 19_form-withdrawal_pf_127.pdf (121.9 KB, 7480 views)
File Type: doc Guide Lines for PF Withdrawal.doc (55.0 KB, 10293 views)
File Type: pdf 13revised.pdf (24.2 KB, 5315 views)

Hi Babu,
Great efforts....There have been many queries about PF lately and its a good compilation of all necessary requirements and formalities related to PF at this one place.
It is the efforts of people like you which makes this forum so innovative and special...
Keep up the good work..
Regards,
Archna

From India, Delhi
Greetings,
I second Archana. i am saving this post on the CiteHR New member's group repository for every one to refer it. Thank you for this effort. We truly appreciate it !
Regards,
(Cite Contribution)

From India, Mumbai
Hi can you please suggest me any training centre if I wants to get full training about statutary compliese all the laws
From India, Pune
Useful for everyone.. Seen a lot of queries for the same..
In this regard only, i have one query.
My PF amount is pending from my previous employer. I tried to withdraw the same but it was rejected on the basis that it was for less than 6 months. I am willing to get it transferred to my current employer.
Now in case I change my current job. I will have two PF accounts (Previous & current) to be transferred to my new PF account.
How such cases can be proceeded? What is the best to be done?
Regards,
Shweta

From India
Hi,
I had my PF account with EPFO Faridabad & my my company was also in Faridabad. I have got completed withdrawal forms including with Form 3A. Now I need to sumbit it to PF office faridabad.
Is it possible to send the form by courier or post, else I need to submit by self?
Pls suggest me as I am not residing now in NCR.
Regards,
Yogesh
9910093792

From India, Lucknow
If you want to transfer your pf amount to your new PF account with your current employer then you need to fill up Form 13 and submit it with your current employer.
If you wish to withdraw your PF money, then you need to fill Form 19 and Form 10 C. After filling it up, send these forms to your last employer to fill employer's contribution and your contribution for current year. Finally get sign and stamp of your last employer and submit these forms to PF Department- Faridabad.
do not forget to receive acknowledgement slip after submitting them.
Taru

From India, New Delhi
Hi Shweta,
I have not heard that they can not settle your pf account on account of less than 6 month's contribution.
Your employer must not have filed the return to the PF department and hence making these excuses.
Have your received these comments in writing/ on paper?
Taru

From India, New Delhi
hi Babu, Good effort by you. Please keep giving ur best. Best of luck. Regards Anirudh HR Exe
From India, Delhi
Dear Taru,
I sent it myself to the PF department, recieved the aknowledgement and after some days the form was returned which i recieved from the PF department only and the reason of rejection was mentioned as the contribution is less than 6 months.
Regards,
Shweta

From India
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.