No Tags Found!

Hi, I am working in a company for more that 5 years and due to some personal reason i want to withdraw my PF, can i do that ? if yes, what is the process? Thanks, Salim

Hi saleem,
Yes, u can withdraw your pf amount 4m da organisation, process will b you need to carry your pf no or pf account details to the pf office of conerned branch nd u can settle the amount, u can get amt withn 2mnths i hope.or else tak a withdrawl formyour organistion den apply it in the office.................
Thanking you,
Priyanka.

From India, Hyderabad


Dear,



Yes it is possible to withdraw P.F amount from EPF department, if you have more than 5 years continous service by using form no. 31 (advance form).



Types of BenefitEligibility Eligible Amount Form
Documentary Support

The purchase of site for construction of house

5 Years of membership of the Fund (Minimum balance in member’s a/c should be Rs. 1000/-)

* The purchase should be in favour of member or member & spouse.


l 24 months wages (Basic & DA)

OR

l Member’s own share of contribution + Company’s share of Contribution with interest thereon

No.31

A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)

The Construction of House

5 Years of membership of the Fund

(Minimum balance in member’s a/c should be Rs. 1000/-)

* The purchase should be in favour of member or member & spouse.

l 36 months wages (Basic+DA)

OR

l Members own share of contribution + Company’s share of contribution with interest thereon

No.31

A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)

The purchase of dwelling flat

5 Year of membership of the Fund

(Minimum balance in member’s a/c should be Rs. 1000/-)

* The purchase should be in favour of member or member & spouse.

l 36 months wages (Basic+DA)

OR

l Members own share of contribution + Company’s share of contribution with interest thereon

No.31

A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)

Additions, Alterations or improvements to the dwelling house

5 years from the date of completion of dwelling house

12 months basic or members own share of contribution with thereon.

No.31

Vipul Johri

From India, Delhi
Dear,

Yes it is possible to withdraw P.F amount from EPF department, if you have more than 5 years continous service by using form no. 31 (advance form).

Types of BenefitEligibility Eligible Amount Form
Documentary Support

The purchase of site for construction of house

5 Years of membership of the Fund (Minimum balance in member’s a/c should be Rs. 1000/-)
* The purchase should be in favour of member or member & spouse.

l 24 months wages (Basic & DA)
OR
l Member’s own share of contribution + Company’s share of Contribution with interest thereon

No.31

A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)
The Construction of House
5 Years of membership of the Fund

(Minimum balance in member’s a/c should be Rs. 1000/-)
* The purchase should be in favour of member or member & spouse.

l 36 months wages (Basic+DA)
OR
l Members own share of contribution + Company’s share of contribution with interest thereon

No.31
A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)
The purchase of dwelling flat
5 Year of membership of the Fund

(Minimum balance in member’s a/c should be Rs. 1000/-)
* The purchase should be in favour of member or member & spouse.

l 36 months wages (Basic+DA)
OR
l Members own share of contribution + Company’s share of contribution with interest thereon

No.31
A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)
Additions, Alterations or improvements to the dwelling house
5 years from the date of completion of dwelling house
12 months basic or members own share of contribution with thereon.
No.31

Vipul Johri

From India, Delhi
Dear Salim,
You can withdraw your pf or you can get transferred the entire amount of pf accumulations to the new employment you are going to take in future.
If you are young age and intrested to work further, it is advisable to get the pf accumulations transferred - which is highly useful to you in your future.
However the procedures are:
Procedure to withdraw the pf amount
step.1:you can contact local pf office and collect form 19 and 10c (or)You can download withdrawal form in Form 19 and 10C , NSSN FORM from the website EPFO.
step2: you can fillup all the details about yourself and fill the bank account coloumn with your savings bank account.
step3: Open a savings bank account preferably with nationalised bank - mention the account number inthe forms 19 and 10C - also attach a xerox copy of the first page of the passbook(depicting the bank account number, branch location etc.,)
step4:you send the complete set of forms with enclosures to the previous employer for forwarding the forms to pf office
step5.You can obtain attestation in the column of attestation of employer/authorised person :: (if you want to send the claim straight to pf office) from the bank manager with which you are having savings bank account
step6:you can send the set of forms to the PF office in which your previous employer have accounts - by registered post.
YOU WILL GET YOUR MONEY INTO YOUR BANK ACCOUNT WITHIN 45 DAYS

Procedure to transfer the pf amount
step.1:You can collect Form 13 from your HR/Personnel department of your present employer (or)download withdrawal form in Form 13 from the website EPFO.
step2: you can fillup all the details about your pf account with previous employer, name & address of the previous employer and SIGN
STEP3: YOU HANDOVER THE FORM IN TRIPLICATE TO YOUR PRESENT EMPLOYER/HR DEPARTMENT OF PRESENT EMPLOYER
(forms can be downloaded from www.epfindia.nic )
P.Ramachandran

From India, Madras
Hi, Dear Salim
You cannot withdrawal pf in working condition. You can withdrawal your pf when you have not work Minimum 2 month in current organisation or living the job, But you apply for of loan but they have only three condition. 1) Housing Loan 2) for Marriage 3) Mejor Operation or surgery.
Regards,
nitin

From India, Mumbai
Ms. Priyanka, you are wrong. You can not withdraw your PF while in service. You can withdraw it only after resignation and relieving or after retirement.
You can only get portion of your PF accumulations as a Loan / Advance for specific purposes only and only in case you are able to submit all the documents and proofs asked for by PF officials.

From India, Pune
i want know still ur continuing in service or you resigned from the organization
if you are still in service you can get loan from your pf amount because your are completed 5 years in that organisation (the amount should be differ what kind of loan you applied-refer epf web site for this issue)
if you are resigned from that organisation you can get your pf amount by filling form 19 & 10c

From India, Madras
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.