When PF Balance can be withdrawn:
- On Retirement
- Unemployed for 2 months or more (this needs to be certified by Gazetted Officer)
- Marriage of self, son/daughter, brother/sister - Min Service 7 yrs, up to 50% of employee share
- Education of self, children after class 10 - Min Service 7 yrs, up to 50% of employee share
- Home Loan Repayment - Min Service 10 yrs, up to 90% of both employer and employee share
- Renovation of House - Min Service 5 yrs, up to 12 times of monthly wage
- Before Retirement - on or after 57 yrs age, up to 90% of accumulated balance with interest.
Note: Withdrawal of PF on switching jobs without remaining unemployed for two months is against PF Withdrawal rules.
Procedure:
- Physical Application: Composite Claim Form (Aadhar) / (Non-Aadhar). These forms need to be submitted to jurisdictional EPFO office without the attestation of employer whereas Non-Aadhar form required attestation. Go to epfindia.gov.in, download section for forms.
- Online Application Steps: Login UAN Portal, under Claim section, click on 'Proceed for Online Claim' to submit your claim form. (https://unifiedportal-mem.epfindia.gov.in)
Note: Earlier this year, the Provident Fund department had ruled that all claims over Rs. 10 lakh can only be made online. But there were many issues faced by subscribers who were having problems submitting claims online. In light of these difficulties and subscriber hardship, the PF department has relaxed the rules. From this month onwards, subscribers can file their claim through online as well as offline channels.
How to Merge two PF Accounts due to job changes
- First, Activate your UAN on Unified Portal by entering UAN (on payslip), name, date of birth and mobile number
- To merge two existing accounts, click on 'One employee - One EPF account' button. Fill out the form. On submission, you will receive OTP on your registered mobile number
- On entering OTP, enter old PF account details for merger. Accept the declaration and submit it.
Note: Merging facility is available only for 3 days after UAN activation.
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