PF Withdrawal Online Procedure- EPF Withdrawal Forms, Rules

PF Withdrawal Learn about all new rules, procedures, benefits, taxes and grievances. This article also describes the PF withdrawal online facility at unifiedportal-mem.epfindia.gov.in..
PF withdrawal using the online EPF Withdrawal facility and EPF Employee can part of your salary is deducted as PF Amount every month. steps can discuss here below:

What is PF Withdrawal?

Provident Fund is a retirement benefits scheme that is available to all salaried employees. The Parliament of India approved to introduce the EPFO on 4th March 1952. The main purpose of enacting PF is to help the employees with a single payment after retirement. A part of your salary is deducted as PF every month.

Pf is one of the best financial steps to save your hard earned money at a great interest rate of 8.75% p.a without any tax rates. When the time comes, you can withdraw the amount with some secure steps.

PF Withdrawal requirement:

To apply for the EPF withdrawal, employees need to do submit a form with all the required proofs. Withdrawals can be made either by submission of application by a person for withdrawal or submit an online application. To claim the final PF settlement, the person has to retire from the service and should cross the age of 58 years.

The total amount of PF balance is calculated by the employee’s contribution, interest and the years of service. The prior documents you need to apply for Pf withdrawal are Form 19, Form 10 C, two revenue stamps, bank account statement, identity proof, and address proof.

How to withdraw PF amount online?

Are Checking how to withdraw pf amount online?, The EPFO has introduced the facility to make the process hassle-free and easy for its members. Subscribers can withdraw their provident fund by sitting at home.

The EPF members do not need to visit the employer or the EPFO staff. They can apply for PF final sum, pension withdrawal benefit, or the PF part withdrawal using the online facility.

Submission of online claims can be settled within few hours and reduces the risks of employers and the members. If you want to get the online facility, then you need to complete certain requirements. The requirements are mentioned below:

• Each subscriber should have an activated UAN that is linked to a mobile number. and it should be in working condition.
• Aadhar and PAN card details should be registered on the EPFO website. To verify the KYC, the members should have the access to OTP facility during the process of submitting the claim.
• Based on the EPFO database, the member’s bank account is loads along with the IFSC code.
  If in any case, the subscriber doesn’t meet the above requirements, he/she can visit the EPFO E-Sewa portal and add the KYC along with other details.

What are the new EPF withdrawal form?

The new EPFO withdrawal form has transformed the EPF withdrawal. These forms are beneficial to all the employees who have provided the Aadhar number and bank details that are attested through the Digital signature.

The Pf Form 10 C is the new version of pension withdrawal which is simple to use. This form does not require the details of postal address and PAN. The only information you need to provide is the date of joining.

incase if you what any new pf withdrawal form, visit official website and Download It , https://unifiedportal-mem.epfindia.gov.in/memberinterface/

How to find the EPF / PF withdrawal status online?

Check your epf withdrawal status online. Subscribers of EPF can check the status of PF only after submitting withdrawal claim.

• Go to the EPFO member portal which means : https://epfindia.gov.in/site_en/
• Select ‘our services’ menu and click on ‘for employees’.
• Here, choose the ‘services’ tab.
• Click on ‘know your claim status’ tab.
• Now, the page is redirected to the claim status link. You need to enter the state of your PF office.
• Select your PF office from the dropdown list.
• Enter your code and EPF account number and click on ‘submit’ button.
• Here you can view the status of your withdrawal.

PF withdrawal rules :

what are the pf withdrawal rules  – The EPFO has been updating the rules to make the process easy for the subscribers of provident fund withdrawal .

• If you are an EPFO subscriber, then you can withdraw the PF money after two months from the termination of employment.
•  If the EPFO subscriber has contributed the EPF for more than five years, the amount received upon withdrawal will be free from income tax.
•  A continuous employment refers to the employment with different employers. It means that the PF balance of the previous employer is transferred to the PF account of the current employer.
•  If the employer has been terminated because of health conditions, or some specific reasons beyond their control then the tax is not applied to the withdrawal irrespective of any years of employment.
•  Withdrawal of PF below five years becomes taxable.
• If the employer has claimed under section 80C on their own PF contribution, then it will be taxed as salary.

PF withdrawal process without employer signature:

If you have the left your previous job on bad terms, then it is quite a hassle to get the signature from the previous employees. Earlier, EPFO facilitated the withdrawal only for the members who have the attestation of the previous employees.

But the EPFO made the process easier by realizing the difficulties faced by the employers to get the signature. Making withdrawal became easy for the members with portal id and UAN. There are two ways to get the provident fund withdrawal without the signature. First one is with Aadhar card and second is without an Aadhar card.

PF withdrawal with Aadhar card:

• Linking the Aadhar card on the member portal of EPFO ensures that you don’t need any signature to continue the process. But the details of your Aadhar card, bank account, and the details you registered on the EPFO’s member portal need to be verified by your employer.
• Subscribers have to make sure that the UAN provided is activated. Download the forms Form 19, Form 31 and Form 10C from the EPFO website. (Check pf withdrawal form 19 and 10c free download word format at official website)
• To make PF withdrawals download Form 19. If you want to make withdrawals from pension benefits, then download Form 10C.
• Fill all the details like name, registered mobile number, address, bank details, and the reason for leaving the company and joining date.
• To get the bank details verified, attach a canceled cheque for the EPFO. Attest all these documents and submit them to EPF office.

PF withdrawal without Aadhar card:

1. The process becomes wearisome for the members who don’t have an Aadhar card. They need to download the forms 19, 31, and 10C that are available on the EPFO’s member portal.
2. The members need to enter the genuine information and get a confirmation from the reliable authority. They also need to ensure that they get a signature or stamp from the authority on every page of the form.
3. The employers have to describe the reason for direct application of withdrawal to avoid the cases of fraud. With all these, they should attach an indemnity bond with a 100 rupee stamp paper and copies of Form 19, payslips, appointment letter, and employee ID card.
4. Before submitting all the forms attach a copy of KYC, identity, and address proofs. Finally, attest all these documents and submit them to the EPF office.

Online PF withdrawal Procedure at UAN portal:

Are checking how to withdraw pf online with uan ? , As the EPF withdrawal is available online you don’t need to visit the employer or EPFO staff for the signature. The process of Pf withdrawal with UAN is similar to the process of net banking. To fill the form online, follow the steps mentioned below.

• Go to the UAN member portal with means : https://unifiedportal-mem.epfindia.gov.in/memberinterface/
•  Enter your login credentials(UAN and password). If you don’t remember the password, you can reset it by entering the OTP sent to your registered mobile number.
• The Aadhar needs to be approved and linked to your UAN.
•  Go to the Manage and select KYC to check the status of Aadhar. Enter the UIDAI to share the credentials with the EPFO. On completion of the process, it gets approved by the employer.
• Click on the link ‘Online services’ in the UAN dashboard. This provides more information about services and can submit the KYC details. You can change the nomination and download the UAN card.
•  Click on ‘Claim (Form-31, 19 and 10C)’.
• At last, you need to verify your Aadhar card by entering the OTP sent to the mobile number registered with Aadhar card. After the submission of OTP, you will get the chance to fill the EPF withdrawal form.
  You get the claim confirmation copy after submitting the form.

Procedure To EPF / PF withdrawal without Aadhar card:

• The process becomes wearisome for the members who don’t have an Aadhar card. They need to download the forms 19, 31, and 10C that are available on the EPFO’s member portal.
• The members need to enter the genuine information and get a confirmation from the reliable authority. They also need to ensure that they get a signature or stamp from the authority on every page of the form.
• The employers have to describe the reason for direct application of withdrawal to avoid the cases of fraud. With all these, they should attach an indemnity bond with a 100 rupee stamp paper and copies of Form 19, payslips, appointment letter, and employee ID card.
• Before submitting all the forms attach a copy of KYC, identity, and address proofs. Finally, attest all these documents and submit them to the EPF office.

About EPF withdrawal form 31:

EPF Form 31 is an Advance Form application provided for the subscribers to get the advance from the provident fund. If you want to acquire the loans, withdrawals or advances from the PF account then Form 31 is the best solution.

Every employer should maintain a minimum EPF balance in the PF account to calculate the advance amount subjected to the eligibility of criteria for each condition.

EPF Offline Transfer process

The EPF offline process requires all the printed forms and the members need to fill these forms. The forms you filled are forwarded to your EPFO by your current employer. The EPFO verifies and transfers the forms to the previous employer.

After the authentication by the previous employer, the EPFO forwards the money from the previous account to the current EPF account. Compared to the online EPFO, offline EPFO transfer takes more time because of the physical movement.

if you want Claim form Download , visit official EPFO Claim Form.