Hi All,
I have a query regarding PF account. I am working in an organization from the past three years, by my last day in the organization i will complete exactly three years.
For the first year my contribution to PF is - 750 Rs/-
and employers contribution is also the same - 750 Rs/-
And from the past two years my contribution to PF is - 1200 Rs/-
and employers contribution is also the same.
My question is there any locking period as like in ulips to get the whole PF amount to our bank account when we withdraw PF??
So, can any say, how much can I expect the PF amount when I withdraw it??
What is the procedure for withdrawing the PF amount??
Which is the best way in longrun, when we transfer the PF to the orgazation which we are joining (or) to withdraw the PF amount??
- Lokesh
From India
I have a query regarding PF account. I am working in an organization from the past three years, by my last day in the organization i will complete exactly three years.
For the first year my contribution to PF is - 750 Rs/-
and employers contribution is also the same - 750 Rs/-
And from the past two years my contribution to PF is - 1200 Rs/-
and employers contribution is also the same.
My question is there any locking period as like in ulips to get the whole PF amount to our bank account when we withdraw PF??
So, can any say, how much can I expect the PF amount when I withdraw it??
What is the procedure for withdrawing the PF amount??
Which is the best way in longrun, when we transfer the PF to the orgazation which we are joining (or) to withdraw the PF amount??
- Lokesh
From India
Hey..my suggesstion to you is never withdraw ur PF amount..simply transfer ur amount as and when you join d new organisation ...it will help you in future...that amount is being accumulated and lastly you vll get the lumpsum amount...
From India, Dehra Dun
From India, Dehra Dun
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.
Early PF withdrawal won’t be easy.pdf
Guide Lines for PF Withdrawal.doc