My UAN number has two PF account attached. One is my previous organisation, one is current. I want to withdraw the previous organisation balance. Is there any problem in withdrawing the previous EPF amount because New organisation PF ac also linked to same UAN. Second in my UAN adhaar and pan card is attested by the previous organisation but bank details which previous organisation put in UAN is no more exist In India( RBS Bank). So in this case can I change the bank while submitting the form 19 and 10c at regional office. I would like to try UAN based withal process. more
Withdrawals are allowed only as per guidelines. In your case total withdrawal is not allowed. But can be withdrawn for flat purchase, emergency expeses like medical etc subject to PF rules more
Dear Nischal ji, *Withdraw is not allowed if your contribution are active. Withdraw of your active pf a/c accumulation upto 90% is possible for two reasons. 1. For buying/building your own house. 2. For children/daughter's marriage. For housing or marriage need withdraw you also required to transfer the old company's pf. Otherwise you have to work with two company's approvals. * After the transfer your current employer can approve your bank a/c details, Nominees, Family details like spouse, kids etc. Generally your bank account expected to be your salary account. Regards Arun more
Hi, Its not possible if you are linked your UAN with present employer PF account also. Only chance is transfering the pf contribution from earlier employer to current employer. More over, pf department knows that you are working in somewhere and they are deducting your pf amount as well as remitting it to your account. Hence, you are unable to withdraw now. Thanks and Regards, G.Kumar more
Once you have linked your old PF you can only withdraw amount as per rules of withdrawing PF. Your bank details can be approved by your current employer more
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
I have withdrawn my eps from previos employer.After that I served with new employer for about 9 years and my eps contribution was deposited.After retirement I want to withdraw this additinal 9years...
EPFO Takes 15-20 Days for PF Withdrawal Shouldn’t Take More Than 2-3 Days in 2024 Pay Compensation of ₹5000 Per Day if Withdrawals Delayed by Lazy Sarkari Babus
By Naina Mittal
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