PF Withdrawal Process November 2018 – |PF Withdrawal Process| |EPFO UNIFIED Portal| |Process| |Steps| |Benefits| |Online| |Offline| |Form| |Status| |Rules| |Claim Form| |Final Settlement| |Partial PF| |Pension after Retirement|. All about EPFO to withdraw PF and EPS money online.
Now it’s very good news to withdraw PF money directly transfer in your bank account. After completion of the PF process online, the money will automatically come into the bank account.
The process of withdrawing money from PF accounts is very simple and easy. You can apply online for sitting at home to get money. The time limit for settling PF clearance has been reduced from 20 days to 10 days recently.
If you are a job seeker, surely your company will deduct some amount from your salary in the name of PF. The same amount of company is filed on your behalf in your account.
Types of PF Withdrawal
The convenience of online PF is available for withdrawal of many kind, such as:
- To get pension after retirement
- To withdrawal partial PF during service
- After leaving the service for final settlement of PF amount
Leave the job, then wait for two months to Withdraw PF Amount
If you have left the job then you have to do a little patience. Because before 45 days, your company will not give your full end final settlement FNF. On the other hand, you will have to wait a minimum of 15 days after the application you apply. That is, it takes two months to get your pf money in your hands.
Rules to Withdrawal PF Online
With PF’s withdrawal form, you have now been required to copy the photo of your Aadhaar card. Not only will the job number be used, you will have to give photocopy in every condition and if you suspect, your original document may also be asked for verification. Recently, the Employees Provident Fund Organization EPFO has made the base mandatory for taking benefit of PF and pension related benefits.
For PF withdrawal, it is now mandatory to give Permanent Account Number i.e. Photocopy of PAN Card from now on. You had to finish the job by filling the PAN number in the first ballad form but now you have to give a photocopy of a PAN card. Without this you will not get the money.
Universal Account Number (UAN)
From now on, you have become compulsory to withdraw the Universal Account Number, i.e. the photo copy of UAN, with withdrawal form to withdraw money from a PF account. Now only giving the UAN number will not work.
PF Part Withdrawal Easy
The Employees Provident Fund Organization has made rules for the clearance of provident fund very easy. Members of EPFO do not have to give any supporting documentation for PF Part Withdrawal. For the Advance Claim, consumers must write just one online self-declaration. In which the mention of extracting PF part is mentioned. After this there will be an online application for claim.