Hi,
I have switched my job before 3 months. In my first company I had PF account and UAN number. Now, I have given the UAN number to new company.
Am I eligible to withdraw my PF in first company now?
Thanks,
Asupathy
From India, Bengaluru
I have switched my job before 3 months. In my first company I had PF account and UAN number. Now, I have given the UAN number to new company.
Am I eligible to withdraw my PF in first company now?
Thanks,
Asupathy
From India, Bengaluru
My suggestion is to continue by getting transfer of the previous employers pf contribution also otherwise you will loose a good amount of accumulation as well continued service.
From India, Madras
63From India, Madras
Hi Ramachandran,
Due to Financial Crisis I wish to withdraw my PF amount. Is it legal to withdraw my PF amount in first company, If I work for another company now?
My Ex Employer says that, It is illegal to withdraw PF except for the below conditions.
Now, when I check with them they say, we can withdraw PF in below cases.
1) Not working in any organization in the near future.
2) Working in an organization where the PF Act is not applicable.
3) Going abroad to work once resigned.
Thanks & Regards,
Asupathy
From India, Bengaluru
Due to Financial Crisis I wish to withdraw my PF amount. Is it legal to withdraw my PF amount in first company, If I work for another company now?
My Ex Employer says that, It is illegal to withdraw PF except for the below conditions.
Now, when I check with them they say, we can withdraw PF in below cases.
1) Not working in any organization in the near future.
2) Working in an organization where the PF Act is not applicable.
3) Going abroad to work once resigned.
Thanks & Regards,
Asupathy
From India, Bengaluru
Apart from what your organisation has said, there is also a provision for loan or partial withdrawal of PF amount under certain conditions. You will need to check on the website and see if you fall under any of the conditions specified.
Since you have not specified the nature of the financial crisis, we are unable to comment on it.
From India, Mumbai
Since you have not specified the nature of the financial crisis, we are unable to comment on it.
From India, Mumbai
If you file withdrawal, their is an undertaking that you are not working in any establishment in which EPF is applicable since last 60 days. As such you are fling a wrong information which is illegal. Moreover, when your UAN is active in new location, your withdrawal will be rejected.
P K Sharma
From India, Delhi
P K Sharma
From India, Delhi
Mr. PK Sharma has rightly said since you have already given your existing UAN to the new employer the said UAN is active and the contribution is made on the said UAN hence it is not legal to withdraw PF now. You would have withdrawn the PF Amount after 60 days and in your new company you would have applied for new membership/UAN.
From India, Ahmadabad
From India, Ahmadabad
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