The Ministry of Labour and Employment, Government of India, has recently made a few amendments in the Employees’ Provident Fund Scheme, 1952 (PF Scheme). These guidelines are mainly related to ‘early withdrawals‘ from Provident Fund & provisions related to PF withdrawals. These latest EPF withdrawal rules are effective from 10th February, 2016.
Amendments are related to;
- Full EPF balance cannot be withdrawn before attaining the Retirement Age.
- Continuity of EPF membership.
- Increase in Age limit to withdraw 90% of PF balance.
- Partial withdrawal of EPF amount on Resignation.
- Increase of retirement age.
Let’s discuss in detail about these new PF withdrawal rules.
Latest Update (20-Apr-2016) : “Govt rolls back new EPF withdrawal norms and old system will continue. The notification which was issued on 10th Feb, 2016 has been cancelled.” So, the existing rules will be continued..
Kindly click on the below image to download the latest notification.
Latest EPF Withdrawal Rules
- Full EPF balance cannot be withdrawn (limit on early PF withdrawals)
- Existing rule : The EPF members (employees) can withdraw the full EPF balance after 60 days of unemployment. (The EPF balance consists of employee’s contributions + employer’s contributions + interest amounts. Every month 12% of your “salary” is contributed towards EPF account.)
- New Rule : The EPF members cannot withdraw full PF amount before attaining the age of retirement. The maximum withdrawal on cessation of employment cannot exceed an amount aggregating employee’s own contribution and interest accrued thereon. You can withdraw your contributions + interest portion only. The employer’s portion can be withdrawn after attaining the retirement age (58 years).
- Existing rule : The EPF members (employees) can withdraw the full EPF balance after 60 days of unemployment. (The EPF balance consists of employee’s contributions + employer’s contributions + interest amounts. Every month 12% of your “salary” is contributed towards EPF account.)
- Continuity of your EPF membership
- Existing rule : If an employee withdraws full EPF amount after resigning from the job, his/her PF membership is deemed to be terminated. That means he/she is not a member of EPF scheme after the full withdrawal.
- New Rule : An employee can only withdraw his share on resigning from the job. You cannot withdraw full EPF amount before attaining the retirement age. So, you will still be the member of EPF even if you cease to be an employee of a EPF covered establishment. I believe that concept of ‘In-operative EPF a/c‘ may cease to exist.
- Retirement Age
- Existing rule : The retirement age is considered as 55 years.
- New Rule : The age of retirement has now been increased from 55 to 58 years.
- EPF Withdrawal provisions
- Existing rule : You (employee) can withdraw the full PF amount on retirement from service (55 years) or on cessation of employment and not being employed for at least 60 days.
- New rule : As discussed above, the retirement age has now been increased from 55 to 58 years and the option of full EPF withdrawal on resignation will not be allowed. You can withdraw your contributions + interest portion only.
- 90% of EPF balance
- Existing rule : You can withdraw up to 90% of your entire PF balance (employee share + employer share) on attaining 54 years of age or within one year before actual retirement, whichever is later.
- New rule : You would now be able to avail this option only on attaining the age of 57 years. The age has now been increased from the current 54 years to 57 years.
Budget 2016 & EPF Scheme New Rules
Budget 2016 is negative for the salaried class. As per the Budget 2016 proposal, at the time of retirement, 40% of the EPF lump sum withdrawal is tax-exempted, 60% of the corpus is subject to taxes as per the applicable Income Tax Slab. To avoid this, the EPF member has to invest this 60% balance in an Annuity life insurance product.
However, this 40:60 tax rule is applicable only on the corpus created out of contributions made after 1st April, 2016. also, the EPF member who is investing in Annuity dies and when the original Corpus goes in the hands of his heirs, then there will be no tax.
The Budget 2016-17 proposal of levying income tax on 60% of EPF balance has been withdrawn by the government. So, no tax will be levied on PF withdrawals at the time of retirement. The other Budget proposal to make 40 per cent of the total withdrawal from the National Pension Scheme (NPS) will however remain unchanged. (Latest news : 08-March-2016)
Your EPF contributions / savings are meant for your retirement. Dipping into the corpus before you retire prevents your money to gain from the power of compounding.
These new rules may FORCE you to accumulate a portion of your PF fund till you attain the retirement age. Besides above new rules, kindly note that the withdrawals from the EPF within five years of joining are taxable. 
TDS has been made applicable if one withdraws PF within 5 years. (Budget 2016 update : In case of payment of accumulated balance due to an employee in EPF, the TDS limit is being raised from Rs 30,000 to Rs 50,000. So, TDS is not applicable if the PF withdrawal amount is less than Rs 50,000. This new amendment is applicable with effective from 1st June, 2016.)
If you would like to retire early or would like to start a business after being employed for few years, you may surely not like these new EPF withdrawal rules.
Proposed EPF Withdrawal Rules with effective from 1st August, 2016
- The proposed new withdrawal rules will be implemented from 1st Aug 2016.
- The amended rules do not allow an employee to withdraw the entire amount from his or her PF account till the subscriber attains the age of 58, the age of retirement.
- According to the new rules, he/she can only withdraw the contribution to the PF and interest accrued on it. The employer’s contribution and interest can only be withdrawn after attaining the age of retirement.
- Based on the public feedback/backlash, it has been decided that ‘Full PF accumulations (Employees + Employer’s share + interest) will be paid to the EPF member on fulfilling any of the following conditions;
- Housing purpose of a member.
- Medical treatment – Self / family member suffering from TB, Leprosy, Paralysis, cancer or Heart operation.
- Marriage of children.
- Professional education of children (like Medical/Engineering/Dental).
- If EPF member joins an establishment belonging to or under the control of the Central or State Government and becomes a member of Contributory PF or any old age Pension scheme. (I believe this rule may again lead to lot of confusion and we may witness backlash from PVT sector employees.)
Latest Update (30-March-2016) : The Employees Provident Fund Organization (EPFO) has decided to provide Interest on Inoperative Accounts from 1st April, 2016. This move will benefit over nine crore such account-holders having total deposits of over Rs 32,000 crore. Inoperative accounts are those wherein the PF contributions have not been received for 36 months. EPFO had stopped payment of interest to such accounts from April 1, 2011.
Latest Update (27-June-2018) : EPF Subscribers who resign from their service can now withdraw 75% of their total Provident Fund (PF) kitty after one month from the date of cessation of service. This will be considered as a Partial PF withdrawal (Advance).
You may like reading another interesting article : How is Interest calculated on my EPF A/c?
(Reference : Govt notification, Asan Ideas for wealth – Facebook Group & pwc.in)
SREI Equipment Finance NCD July 2017 Public Issue : Details & Review
Vidya Lakshmi Website : Search & Apply for Education Loans / Govt Scholarships
How to fill new Form 15G / Form 15H?
EPF UAN Name Correction online | How to update your Personal details in UAN? |New procedure
Hi Sreekanth,
According to new PF rule:-
How much employees can withdraw from their PF account? Is their any certain amount?
Who are eligible to withdraw?
What % can be withdrawn?
What is the procedure?
how much time it takes for?
Dear Arshiya,
All the above proposed rules have been withdrawn.
If an EPF member remains unemployed for minimum 60 days, he/she can withdraw full EPF balance.
For partial withdrawals, there are certain rules/guidelines.
Kindly read :
How to withdraw EPF online?
EPF new Composite claim forms.
EPF partial withdrawal options
Hello ,
I have withdrawn the some portion of my PF amount as i had completed the 5 years in my organization .Can i withdraw more amount after 2 years of withdrawing 1st time ?Means can i withdraw amount more number of times after 5 years of completion in Org if i have amount in my PF account ?
Dear Lingaraj,
Kindly read : EPF partial withdrawal options & rules.
Dear Sreedhar,
I am much grateful to you as you are providing such valuable information to us.
I am resigning from my employer after 12 years of service as I have chosen to immigrate to a different country.
Request you to please let me know whether or not I can withdraw the full amount from my PF account (Employee Contribution + Employer Contribution + accumulated interest) . My employer is saying I may be only eligible for Employee Contribution + interest on it.
1. What is the process of getting full PF amount (Contribution + Employer Contribution + accumulated interest)?
2. If I am only eligible for my portion of contribution then should I keep on receiving interest on the employer contribution till my 58 years of age (long way to reach) and my PF account will not be inoperative?
Dear Arunava,
You can withdraw full EPF balance (employee+employer contributions+interest). However, you cant withdraw EPS (pension) accumulation, as you have more than 10 years of service period.
Kindly read :
Online EPF withdrawal facility.
New Composite EPF claim forms..
Dear Sir,
I worked in an organization for more than 5 and a half years in Delhi and quit last November (UAN was generated). After a week I joined another firm in Bangalore. Here also the company deducts for PF. I wish to withdraw the entire pf corpus of the previous firm (5.5 years). My only doubt is for month of december i received an update telling a contribution has been made. In this case can i still withdraw ?
Dear Shiva,
As you are contributing to EPF scheme now, you have to TRANSFER the old EPF a/c monies to your new EPF ac.
Hi Sreekanth,
I am planning to quit my current job that I have been working in for 4 years now.
And start higher studies from October.
In this case will I be able to withdraw complete accumulated PF ? with 10% Tax on it
Or I can withdraw only my contribution to the PF?
What are the provisions to get all of PF amount withdrawn in my case?
Thanks for the help
Dear Dheerendra,
You can withdraw total accumulated PF, but subject to TDS.
Read : EPF withdrawals & new TDS rules.
Hi Srikant,
Thanks for a great blog – I really admire your writing and the detailed work that you do.
I read your blog article https://goo.gl/Gu76Ic :
– I worked for past 11 years at a company. Traveled abroad after 6 years – this is when i withdrew my previous PF.
– After I came back to India, the PF was started again. I worked there for another 4 years and joined a startup, where there is no PF. (I am currently in the startup, without a PF since 1 year).
Questions:
1. Can I withdraw my PF (I have about 12 lakhs) without having to pay any tax? [Technically, I am still a few months under the 5 year bracket]
2. Since there is no contribution to my PF fund, is there any provision to withdraw in full (Employee + Employer contribution)?
Kindly respond.
Thanks,
Venkatesh
Dear Venkatesh,
1 & 2 – Yes, you may withdraw 100% PF balance (but subject to TDS).
Read :
EPF withdrawals & TDS rules.
How to withdraw EPF online?
Dear Sreekanth,
I have retired at the age of 55. My EPF balance was not taken. Now I am 58. I am sure that for the past 3 years, I was getting interest on my balance. If I decide not to withdraw the balance, will I keep getting interest and till what age ?
Dear Cherian ..EPFO has earlier stated that they will give interest on dormant accounts too, but I believe that no notification has been issued in this regard.
So, suggest you to submit your grievance to EPFO online..click here..
In case, you get a reply from them, kindly do share the information here, can be useful to other blog readers as well. Thanks!
Hello Sreekanth,
I have applied for PF since I completed 6.5 years in the same organization and applied for PF withdrawal for my marriage purpose. But it’s been rejected with the Insufficient service. If I re-apply the same application for pf withdrawal since 7 years completed. will they consider it and can I withdraw the amount?
Dear Sudha ..Minimum 7 years of contribution is required to take advance for the said purpose.
Kindly read : EPF partial withdrawal rules..
Hi Sreekanth,
I have resigned from job last January and I am planning to withdraw my entire PF balance( employee and employer contribution with interest component.) My question is If I take up a new job after few months. am i allowed to use the same UAN no for PF contribution from new company. Please clarify
Dear Sai ..Yes, you can quote same existing UAN number to your future employer(s) and get new EPF a/c linked to it.
Dear Shreekanth
I want to know if there is any latest change in partial withdrawal of PF amount. I want to withdraw one Lac rs for medical purpose and as i have heard that i just need to give self declaration for the same , no other documents like admission or doc documents are required , even i dont need to inform my company as well. I have completed2 yrs in service
pl help me if you have any information around this.
Dear Rahul ..Yes, no document is required. Kindly go through my latest article on this..
Thanks Sree.
One more help pls , i have updated Aadhar card on the PF website however it says pending for verification. My account number and mobile number is already there in the verified list.
Is there anything else needs to be done in order to get my aadhar number verified with PF office .
Dear Rahul .. Your employer has to verify your KYC details.
Hello SIr
It says to withdraw pls submit 2 copy of 15G/15H form if applicable. What is this , Do i need to submit these forms if i am partially withdrawing money for medical purpose.
Dear Rahul ..Not required..
Hi Sree
I did visit PF office in bangalore KR Puram and they gave me CCF ( Aadhar) but asked me to give filled up form with medical certificate as i am taking partial amount from PF and also certificate that i am not covered under ESIC ( I am not covered under ESIC ). Also behind the CCA form it is mentioned that these 2 we have to submit.
What should i do and who will give me ESIC ceritificate
Dear Rahul,
This is strange.
As per the latest notification, no documents are required..kindly read this article..
Suggest you to also check with your employer regarding ESIC certificate.
Your information is really appreciated. I have few doubts about my pf withdrawal.
I have pf amount of 1 lac 90 thousands and i heard i cannot take entire amount and few amount i should take after retirement. Now i am travelling to US in feb of 2018 and wanted to Withdraw my PF amount. Now i have completed 6 year 7 months in the same company and this is my first company.
Can you please let me know how much approximate amount i will be getting out of my 1lac 90 thousands.
Thanks again for your help.
Cheers,
Aravind
Dear Aravind ..As your contribution period is less than 10 years, you can withdraw entire EPF balance including EPS amount.
I worked in India for 15 Months ( 20.01.2016 to 31st March 2017) , Monthly Employee Contribution 5310 .
How much should I expect back on Withdrawl . I am leaving the country so no more employed in India .
Thanks in Advance.
Dear Lokesh ..You can claim 100% EPF balance. To know accumulation amount you may check your EPF passbook or through SMS.
we are 4 person worked on private computer training centre . the management of the entire centre by indian army .we are working since 15 years i.e 2002. can we apply for epfo govt scheme. pl confirm
Dear trilok ..I believe you can apply (but I am not 100% sure on this). You may take help of a CA.
Dear sir
i am Michael Augustin
i had completed my pf formalities in my old office and they were already submitted my pf withdrawal form to the pf office at 4-Apr-17 but i was resigned my job at 30-Dec-16 they taken 3 months for the submission process now my doubt is when will i get my pf amount. how many days it will take
Dear Michael ..EPFO generally settles the claims within 30 days. Kindly track your claim status online.
i used those things already but it is doesn’t showing the details and its simply showing the record is not found and approval details on PPO and scheme certificates will be made available soon. then the pfo site is not even showing my balance and my passbook also the site is totally waste the page is not open. frequently its showing page is under construction or page error what will i do sir,
Dear Michael ..If ‘no records are found’, mostly your withdrawal form might not have been received by the EPFO. Suggest you to check with your ex-employer.
Hi Sreekanth,
First I would like to thank you for all wonderful clarifications. I am working in my present company for last 7 years. now I would like to withdraw my EPF money for house purchase. Whether any percentage restrictions or I can fully withdraw the available money? and what doc I have submit for the same?
Dear Suresh ..You can withdraw up to 90% of your EPF balance.
Kindly read :
EPF partial withdrawal rules.
Withdraw EPF balance online
Hi Sir,
I am quitting my job and going US for my Higher education. My last day in my company will be 10 July and as per this date I will be having 14 days short of 5 years.
I can see 3 contributions in my PF. Employee’s contribution, Employer’s contribution and a part of Employer’s contribution towards EPS. How much can I withdraw from my PF and what date shall I apply for PF disbursal in order to get maximum disbursment?
Thanks in advance 🙂
Dear Prashant,
If you fall short of 5 year period, kindly note that EPF withdrawal amount is taxable.
You can withdraw the entire balance.
Hi admin,
I worked in a private company for about 15 months and the balance in my passbook was around Rs.24,ooo. When I claimed, I’ve received just 11,000. Is this the amount I’ll get after all deductions? I think its no and there should be some error. Can u please explain??
Dear Sathish ..Did you receive both EPF & EPS?
The EPF balance if withdrawn before 5 years is taxable (though TDS is not deductible).
Kindly read : EPF withdrawals & new TDS rules.
Thanks for your reply sir. It is not clear for me too because I just received a text from both bank and epfo that 11,000 has been credited to my account. My epfs balance is Rs.12,690. So can I assume that I’ve only received epfs and wait for some more days for the remaining amount to reach my account? What do you suggest sir?
Dear Sathish ..Yes, you may receive EPS amount very soon.
Dear sir,
I am over 62 yrs. of age & still working & contributing to EPF fund. If I wish to stop contributing to my EPF fund without resigning from my job, can I withdraw total accumulated EPF amount ? Thanks..
Dear nautiyal Ji .. I believe you can withdraw full EPF balance..
Dear Sir,
I was working in a private school, since 2010 but my EPF account operated from 2012. Now recently I have joined state govt. School. Can I withdraw my full PF amount. Is my withdrawal amount is taxable as according to pf history my service life is less than 5 years? My experience certificate although saying i have served more than 6 years.
Also another quarry is there any provision to switch over EPF to GPF?
Kindly let me know the information. Thanking you
Bratin.
Dear Bratin,
If you have contributed to EPF for less than 5 years, then withdrawal can be subject to taxes.
Kindly read :
EPF withdrawal & new TDS rules.
EPF to NPS
Dear Mr. Sridhar,
I was working in Central Govt. and took vol. retirement in 2006. I was working in Govt. till 01.06.2006 and in 2017 Jan 7th i joined a proprietorship firm and from that time on wards PF was deducted and credited into my account. Now my age is 57 years and my DOB is 26-02-1960. Now i wanted to withdraw from my PF for purchase of ready built house. How much i can withdraw and what are the other conditions for withdeawal.
Dear Gowrisankar ji..Did you withdraw balance from you old EPF a/c ?
Kindly read : EPF Partial withdrawal rules..
I left India in 2015. I want to withdraw my full PF now. Can I do that as per new rules
Dear Surinder ..Yes, you can withdraw full PF balance.
Read: EPF new Composite Claim form..
Dear Sir,
I applied for PF withdraw process 3 month ago but till time its showing payment under process from last 1 month on EPF portal.
I have download my passbook & i just want to confirm that which amount i will get after withdrawal .
Dear Rajesh,
You may submit your grievance about claim status to EPFO online..click here..
Thank sir ,
I just submit my grievanc.lets see what will happen.
Dear Sreekanth,
Hi How are you . nice information . iam working for an organization for more than 5 yrs , is their an option to withdraw Full / Partial amount from my PF to purchase plot. If yes , can you tell me the process for the same.
Thanks
Dinesh
Dear Dinesh ..Kindly go through this article : EPF partial withdrawal rules & options
I’m posting this on 12th of April 2017.
I have little confusion related to the post which you have made.
I’ve heard as per the new rule we can withdraw our PF money even if my tenurity is less than 5 years in a company?(I don’t want to give any fake reason of marriage or any other stuff)
I was working with a MNC and i just recently joined a new one a month ago. The tenurity was 2 years in total with the previous MNC. So can i withdraw money? I don’t have specific reason like marriage, House buying etc. I just want to make use of it.
If your answer is yes, then how much i can withdraw? Full amount or partial amount?
Dear Aquib,
One can withdraw full PF balance if he/she has been unemployed for minimum 60 days.
As you have joined a new company and if you are contributing to EPF scheme again, you have to transfer old EPF ac monies to your new EPF account.
Kindly note that above proposed rules have been scrapped.
Read : EPF partial withdrawal options..
What will be option for NRI .. i quit my company in June 2016 for last 9 month am working in different nation.
Can i withdraw my full PF amount
Regards
PS
Yes, you can apply for full PF balance withdrawal..
Hi
I am in a company and completed 5 year however, now I want to withdraw my PF amount
Please advise that how much amount can I withdrawl?
Dear Shariq..Kindly read : EPF partial withdrawal options & rules..
Hi Sreekanth ,
Thanks for the article.
I resigned from a company in November 2013 and withdrew my PF from there 6 months ago. But I believe I’ve been credited less than what I am supposed to receive. In the payslip there are three deductions – 1. Employee PF Contribution , Profession Tax and Employee State 1. . I worked there for 18 months and the total amount accumulation of 18 months is about 16500 INR. (excluding employer contribution). I have been credited 24,395 INR and I believe this is less as there is also interest included. Can you please tell me what is the interest amount that we receive on withdrawal? And to make clarifying my doubt easy for you, my total employee contribution accumalation for 18 months was around 9000 INR
Thank you
Dear Umair,
You would have got two credits, EPF amount with interest and EPS amount also.
Read:
Interest calculation on EPF a/c..
EPF withdrawal & new TDS rules.
Dear Srikant Ji,
Just wanted to know that while entering the data for new employee/ member registration in epf ecr 2.0 , there is an option given by site which asks us to fill monthly wage on joining.
Now i just wanted to know what to fill there – the basic salary of individual or gross salary of individula
I have filled gross salary of individual as per his joining files (Considering full month attendance present i.e – 31 days)
Do please let me if i have performed right thing or i need to show basic salary of employee on place of gross salary.
Dear SANDIP ..I am not sure about this, do not have much idea about employer side portal.
I am just completing 10 years in an organization. I am planning to purchase Land, Is it possible to withdraw PF, If yes what percentage can I withdraw?
Hi..Kindly read: EPF partial withdrawal rules & options..
Dear Srikant Ji,
Before i move further, a short and brief intimation of mine as i work with the capacity of HR in Gurgaon based organization. Now that i was an active member of CITE HR (a website known for HR related topics), i tried alot to find out if new epf withdrawal rules are on the card.
Can you tell if our employee can withdraw full epf amt(ee/er share) as earlier
I have got a lot of form 19 & 10c, should i get it filled and submit to PF Officees.
(However, if full epf is not allowed, Pls pass a notification as well)
Hope, you will just reply as this is my first and kind of introductory mail/request to you.
Thanks in advance !!
Sandip Pr Singh
Dear SANDIP,
Yes, can withdraw full PF balance.
Read: New EPF Composite Claim Form for all types of PF withdrawals.
THANKS FOR NOTIFYING IT !!
BEST REGARDS,
SANDIPPRAKASH SINGH
Hi Sreekanth,
I have been unemployed since last 2 months. I just wanted to know if I am entitle to withdraw full PF or not.
second question is, do I need to submit any documents stating that I have not been working since last 60 days?
if doc not required, would EPF office know that I have not been employed for 2 months?
thirdly, what all forms do I need to filled and submit for withdrawal of whole amount which includes pension amount.
Please help me get clarification on this matter.
Thanks,
Maddy
Dear Maddy,
1 – Yes, you can withdraw full PF balance.
2 – Not required. If you are employed and contributing to EPF scheme again, EPFO can track the status.
3 – You can submit Composite Claim form, and cancelled bank cheque, Form 15G & PAN card copy.
can’t thank you enough for the information.
Thanks for info Sreekanth. I have a query… I have worked for 2 years in an organisation and I have left it. After 2 months now I have rejoined another organisation they have created a new member id and linked to my UAN. I want to withdraw my PF of my previous organisation. Kindly suggest the best workaround to do it please.
Really appreciate your response.
Thanks
Dear Siddharth,
As you are contributing to EPF scheme again now, you have to TRANSFER your old EPF a/c monies to the new one.
Is there any way I can withdraw my monies?
DEar Sir i have worked for 5 years in my early company and i have joint new company and i have some issue in privies company of notice pri0d and i need some money from epf to pay my house emi can you pls advice me how i can take amt from epf
Dear shiv ..Kindly go through this article : EPF loans & advances..
Hi there! I really wanted to know if there are chances to withdraw full PF? Is it not possible at all or someway or other way its possible to withraw full 100% PF
Dear Chiragkumar,
Kindly note that all the above latest proposed rules have been scrapped.
One can withdraw full PF balance after remaining unemployed for minimum 60 days!
But TDS will be applicable if he/she leaves the job before 5 years? Corect?
Dear Amrinder,
Yes, it is a taxable income.
Read: EPF withdrawals & TDS rules.
I am going to resign from my present Organization by this month. I am working with present organization since lar 9 years. so how much pf i will get when i withdrawal.
Dear Ashish..You may check the balance by login to your UAN portal or through SMS..
Hi, I was working with a company in India for 11+years. Now I have moved to Canada. Is it possible for me to withdraw my pension amount, as I will not be in India to take pension benefit in India after the age of 58years.
Thanks.
Best Regards,
Anubhav
Dear Anubhav … Kindly note that EPS can be withdrawn if the service period is less than 10 years only.
Hi Sreekanth,
I have withdrawn some amount for site (Plot) purchase from EPF. Can I withdraw some more amount for house construction in that site from EPF?
Dear Raman ..I believe that only one time it is allowed for the said purpose. Kindly refer to Table no. 1 in the this article.
Dear Mr Reddy,
Really appreciate your effort to maintaining of this blog.
I have total 6+ years of experience in IT with 4 IT companies. I am currently working with 4th company and i have doubt with PF withdrawal.
1. Mphasis 2.Wipro 3.HCL 4.Cognizant (Started from Nov-2016)
I am planing to withdraw PF from 3 companies and i didn’t transferred any PF account.
Should i need pay any tax If i am going to withdraw PF from 3 companies Individually ? Is there any chance pay tax while withdraw from 1st company ?
Do you have any idea for 15G and 15H will provide the above companies ?
What is difference between EPF and PF , Heard EPF is not possible to withdraw complete amount ? Is it applicable to me also ?
Thanks in advance.
Best Regards,
Nagesh.K
Dear Nagesh,
Are you contributing to EPF scheme @ CTS?
I didn’t contribute any pf specially but in every company employee and employer contribution is common right ?
Thank you very much for your reply.
Can I expect answers to above questions?
Dear Nagesh,
I mean whether your company is offering EPF scheme or not, looks like they are offering.
As you are contributing to EPF scheme at CTS, you can not withdraw old EPF account monies, you have to TRANSFER those amounts to your new EPF account.
Read: How to consolidate EPF accounts?
Hi Sreekanth,
Your information is really appreciated. I have few doubts about my pf withdrawal.
I have pf amount of 1 lac 80 thousands and i heard i cannot take entire amount and few amount i should take after retirement. May i know how much amount i will get after changing the job approximately comparing to 1 lac 80 thousand. Now i have completed 6 year 5 months in the same company and this is my first company.
Thanks again for your help.
Dear Dat,
Are you going to contribute to EPF scheme in the new company?
Yes but i am not interested to transfer and wanted to withdraw my pf amount.
Yes but i am not interested to transfer and wanted to withdraw my pf amount.
HI, WHAT DOCUMENTS IS REUIRED TO WIHDRAW MY PF FOR HOME LOAN REPAYMENT, AND TIME TAKEN FOR THE COMPLETE PROCESS.
Dear Santosh..Kindly go through below articles;
EPF new Composite claim form.
EPF partial withdrawal options & guidelines.
Hi Mr. Reddy,
Can you pls help me in understanding the PF & Pension amount withdrawl. I got the 1 UAN from my old company and after 5 years I took PF advance loan in Last April ’16. After that I left that company and joined new company anfd they gave me new UAN. Now I’ve submitted PF 19 / 10 Pension form at Delhi PF office to withdraw the same.
But in PF withdrawl form I have given my old UAN. So do I get the money in that instance for pF and Pension both? Or is there any huddle in getting the amount to be withdrawn.
Regards,
Supriya
Dear SUPRIYA,
An employee can have only UAN.
Read : Have you been allotted two UANs?
So, suggest you to transfer old EPF a/c monies to your new EPF a/c which is linked to new UAN.
Automatically the old UAN should get deactivated.
Sir
1. I don”t want to job now, can i withdraw my full amount of PF after 2 months limit. whether there is tax applicable on before withdrawal from completing 5 years.
2. Should i kept it till completing of five years from opening of account. and there is any problem if account is ineffective for 1.5 years.
Dear Aman,
Even if you keep it for 5 full years, if your contribution period is less than 5 years, such withdrawals are taxable.
Kindly read: EPF withdrawals & TDS rules.
Hi.. I am a little confused as to the latest rule. Have the govt rolled it back entire and i and i can withdraw employee+employer contribution after 60 days of unemployment? Or do I need to show any of the resons for employer contribution, like housing or children’s education of some disease etc?
Dear Dhruba ,
The latest proposed rules have been totally scrapped.
Yes, one can withdraw full PF balance after 60 days of unemployment.
I m not able to login for UAN activation portal. Could you please help me .
Dear Mr Reddy,
Really appreciate your effort maintaining this blog.
I recently left my last employer where I serve from Jan 2007 to Dec 2016 for full 10 years, and I moved to the US. Now my employers have emailed me instruction to withdraw the PF and Gratuity. T
They have already credited the gratuity of more than 1 Lac to my salary account. Now I have PF to withdrawal left.
Can you please advise on below.
Can I withdraw all mount including my contribution(PF+VPF)+Interst+company contribution now when I am at the not retirement age, without paying and penalties or TDS?
Can I keep the money in PF account without withdrawal and withdraw when I moved back to India?
Note: I moved out of India and working in the US. Please suggest some options.
Dear JC,
Can I withdraw all mount including my contribution(PF+VPF)+Interst+company contribution now when I am at the not retirement age, without paying and penalties or TDS? – Yes, you can withdraw. However, as you have completed 10 years of service/contribution, EPS portion can not be withdrawn. After 10 years of completion of the service, the employee cannot withdraw from his EPS. You will get pension amount.
Can I keep the money in PF account without withdrawal and withdraw when I moved back to India? – Yes, you may do so.
Hi Sreekanth,
Firstly, I would like to thank you for this wonderful site and article. Your articles are very helpful
15th Feb 2017 is my last day in my current organisation after completing 11 years of service. This was my first company. I have my UAN number. I am not joining any other organisation.
I have following queries :
1. After how many days post separation can I withdraw my entire EPF amount?
2. What is the process for EPF withdrawal?
3. Will the withdrawal be taxed?
4. How long can I keep the amount in my EPF account if I do not join any other organisation?
5. I tried logging into epf site (https://unifiedportal.epfindia.gov.in) and click on UAN member e-sewa (https://unifiedportal-mem.epfindia.gov.in/memberinterface/). UAN member e-sewa site never opens.
6. Can I withdraw EPS amount post separation?
Thank you in advance for all your help and support.
Regards,
Abhay Dharamshi
Dear Abhay,
1 – After 60 days (min), if unemployed.
2 – Read : New EPF withdrawal forms & process.
3 – Read : EPF withdrawals & TDS rules.
4 – I believe, it can be up to retirement age.
6 – Yes.
Hi Sreekanth,
I worked with my previous organisation for 3 years and left the company in September 2016.
I joined another organisation immediately after that.
Now, if I withdraw the PF amount from my previous organisation, will I get full refund of my PF amount?
Also, will this PF amount be taxable after withdrawal ?
Thanks,
Sireesha
Dear Sireesha,
If you are employed and currently contributing to EPF scheme again, you need to TRANSFER monies in your ole EPF account to new one.
Did you link new EPF a/c to your existing UAN number?
Hi Sreekanth,
Yes, I have linked my new EPF a/c to my existing UAN number. I am trying to transfer the money in my old EPF account to new one through EPF website but I am unable to transfer since the website is down.
Hence, I am thinking to withdraw the money in my old EPF account. But I wanted to know if any tax will be deducted if I withdraw the PF amount. Will any tax get deducted for me?
I am not sure. Please suggest. Should I wait for the EPF website to be up and then apply for PF transfer. Or can I withdraw my PF ampunt?
Dear Sireesha,
Just you to wait for some more days and submit Transfer request.
Kindly read: EPF withdrawals & new TDS rules.
Thanks for the reply Sreekanth.
HI,
I quit a company in Dec 2016 and now looking for a new job. I wanted to know if its mandatory to withdraw the EPF after 60 days of quitting a job or can we keep it untouched till we get a new job? Because I want to join a new company and continue to use my existing UAN number for EPF. Please help us understand this.
Thanks.
Dear Sreeman,
It is not mandatory.
Once you find a new job, you can transfer monies in Old EPF a/c to new account.
You can link new EPF account to your existing UAN.
Hai Sreedhar,
I have been working for 4 years in India and my joining and relieving dates are 2/6/2012 and 29/7/2016… i have applied for pf and finished all my documentation and it was submitted in October 2016. As of 2017 Feb the status is “Payment under process”. Which means will I get the PF amount or not as per new rules…
Also Balance of PF in EPF Portal is showing only till 29/6/2015…. (why not 2016?)…
Dear Anitha,
Have your PF contributions been deducted and deposited by your employer correctly?
Kindly note that these latest rules have been scrapped, you can withdraw your full EPF balance.
Dear Shreekant, I have completed 9 years 7 months in service. Can I withdraw my pf amount including the pension fund to re-pay my home loan, which is more interest rate than pf interest. Still am in service. please advise.
Dear Philip..Kindly read : EPF partial withdrawal options...
EPS amount can not be withdrawan. Also, after 10 years of service, only Pension amount is payable ..
Hi…
1) I have worked in one company (Dec.2005 to Dec.2013)—> 8 Years. —> Last PF deduction in Dec. 2013.
Now completed 3 yrs. —> after that shall we get the interest ?
2) Pl. guide whether i have to withdraw my PF or to continue ?
Dear Vipul,
As per recent news, EPFO has confirmed that they are going to pay interest on Dormant accounts too but awaiting Notification on this.
MYPREVIOUS COMPANY PF IS NOT TRANSFERRED AND HAVING THE UAN NO.
NEW COMPANY HAVING THE TRUST AND I HAVE LEFT THE JIB ALSO FROM LAST 30 DAYS HAVING ALSO NEW UAN NO.
MY QUESTION IS
1–IF I JOIN ANY NEW ORGANISATION THE TRUST DEPOSIT PF IS TRANSFERED AND SAME WILL REFLECT FROM THE DATE OF PF deposit or only amount is transfere.
Dear sanjay,
You need to have only one UAN number.
In case you join a new company, if you give second UAN number then you have to transfer old EPF account monies to the new PF money.
Suggest you to transfer 1st PF a/c monies as well.
Kindly read: Allotted two UAN numbers? How to deactivate old UAN?
i had leave my privous company on 4th November 2016 (which is my last working day) .i want to withdrows my pf .
my total sevice is 6 years in last company. kindly let me know how much pf amount i can withrow (100% or less than that). what document i have to submit for the same and where ?. I have my UAN number with me.
Dear sir,
i was completed PF process on 12-01-2017 and is it possible to get my full epf amount form 19+10 c fund.Because oct-16 i was get the loan from pf and i resign the job on 07-11-2016 my last notice period working day 02-12-2016 .kindly advice me.
Note;
i was not join any company for job and start own service wrtk with my job related.
thanks & regards,
R.NAVAS KHAN
Dear NAVASKHAN,
You can get full PF balance.
Dear sir,
thank you very much for your guide line i was received the epf with drawl amount.but some doubts in my settlement.my eps amount Rs-57914 it is correct or not.kindly reply me for further appeal.
1. I was work 6.3 years 75 months my basic salary Rs-10211.
2. My EPS contribution Rs -1250 per month.
3. As per my EPS balance amount in pass book Rs-59718.
Thanks & regards,
R.NAVAS KHAN
9788865656
Dear NAVAS,
If there are any discrepencies, you may kindly contact EPFO @ click here..
hi sir. i done pf process.more than 30 days pf process my pf does not refund.sir how many day in pf refund, and if pf does not refund what we can take action. pleas sir help me.
Dear Narendra ..Generally the claims are settled within 30 days. Kindly check the status of your claim at EPFO claim status check portal..
respected sir, can i withdraw amount from my pf account for paying home loan
Dear heena ..Kindly read: EPF partial withdrawal rules & options.
Hi Sreekanth, my name is sagar chauhan my pf is not in delhi it is karnatka where can i visit to apply my pf i m already visit to dwarka sec-23 epfo office but they are rejected my file because they said it is not in delhi plz tell me what can i do my next step??
Dear Sagar,
If your UAN KYC details have been verified by your ex-employer then you can post the withdrawal forms to EPFO Blr office directly.
Read: New EPF withdrawal forms..
Hi Sreekanth,i could not login my uan memer portal site there was error any time what is the issue this site is block or….
Dear Sagar..Yes, EPFO has officially communicated that there are some tech issues with their portals, we may have to wait for some more time to use their online services..
Dear Sreekanth, My date of joining in my firm is 05 Nov 2007 and I will be completing my 10yrs in 2017. I am planning to resign and need to put my papers in September or October (Including my 1 months notice period). Need to check 1. can I receive full refund of EPF?
2. Will there be any taxes/TDS deductions? (Its been more than 5 years since the account was opened)
Dear Maqsood,
The PF withdrawal amount is tax-exempt in your case.
Regarding EPS (pension) part, if you complete 10 years of the service, the withdrawal option ends.
An employee can start receiving pension under EPS only after rendering a minimum service of 10 years and attaining the age of 58 or 50 years.
Dear Sreekanth,
That means I should not complete the 10 years in my firm
Hi Sreekanth,
I have left an organisation April 2014 after almost 18 years of service. When I left the organisation, my citizenship is changed and I joined new job overseas. Since April 2014 I don’t receive any PF in India. Under “left establishment & Not joined another” am I eligible to withdraw all my PF?
MN
Dear Mohan ..Yes you can withdraw PF full balance..
DEAR SIR
I HAVE 1 QUERY MY FATHER DOING JOB IN A PRIVATE FIRM AND THAT TIME NO AGE PROOF SO FATHER SUBMIT THE AGE PROOF OF 1958 . AS PER YEARS MY FATHER GET RETIRMENT. BUT ALL NEW DOCUMENT ARE 1962 AS PER AGE PROOF LIKE PAN CARD AADHAR CARD .
SO SUGGEST ME CAN WE ABLE TO WITHDRAW FULL AMOUNT OF PF YA ANY PROBLEM SHOULD COME IN FUTURE.
Dear Inder,
What is the DOB that has been recorded with the EPFO? Has the KYC details (Aadhar/PAN/Bank) been verified by his employer?
SIR KYC AND AADHAR PAN DOB IS 1962. AND COMPANY SAY THAT UR RECORD WILL BE 1958 SO U GET RETIRE. SO TELL ME CAN I DO LEGAL ACTION AGAINST THE COMPANY BCAUSE ALL PROOF R 1962. ONLY COMPANY RECORD 1958. PLZ TELL WHAT I DO.
Dear INDER,
I believe your father can submit request for DOB correction (to 1962) to EPFO, can submit the ID proofs to justify this.
Read : UAN help desk portal
THANK U SIR FOR ADVICE AND HOPE ITS GUD FOR ME.
LAST TWO COMPANY I AM NOT WITHDRAWAL THE PF CAN I TRANSFER OF THIS BOTH PF ID FOR NEW COMPANY
Yes dear SATISH .
Kindly read: How to consolidate multiple old EPF accounts?
Hi sir me Saddam and I left my company 3month back n presently i am not working.
Can i withdrw full amount of PF without employer signature bcz i am staying far away from the company.and also can i withdrow the amount from other state PF office.
Dear saddam,
Yes, you may withdraw full PF balance.
If your bank account details & Aadhar is linked to your UAN and have been verified by your employer, you can submit COMMON EPF WITHDRAWAL (Aadhar) form directly to EPFO. Employer’s attestation is not required.
Hi ,
I am about to withdraw my PF from my previous 2 companies.
its over 5 and 4 years i have left those companies.please let me know how and when can i withdraw my pf from these 2 companies .can i do it in the next 2-3 months?
Dear suhail,
Are you employed now and contributing to EPF scheme again?
Yes i am employed now..and every month my PF is been deducted.
Dear suhail,
If so, you have to TRANSFER your old EPF a/cs monies to the new one.
Read: How to consolidate multiple old EPF accounts?
Thanks for ur help Sreekanth ..So does that mean that transferring is the only option i have? cant i remove the previous pf money ? if the answer is no then when can i remove the money.
My previous employer has deducted the PF amount every month for 1 yr.( I employed there) but they deposited only 3 months amount. Rest of the amount still not deposited to my account after leaving that company 11 month ago. What should I do? Kindly suggest me.
Dear Shiv,
Kindly go through this article, cane be useful to you: What if your employer does not deposit EPF money
WORKING IN AN ORGANIZATION (PVT LTD.) FROM AUG 2010 NOW I WANT TO WITHDRAW MAX AMOUNT FROM MY PF FOR SOME PERSONAL NEED WHAT IS THE PROCEDURE I AM NOT RESIGNED . KINDLY CONFIRM MAX AMOUNT CAN WITHDRAW AND PROCEDURE
Dear JITENDRA,
Kindly read: EPF partial withdrawal rules..
HI sreekant,
my name is sagar chauhan i m sending all hard copies of my documents with my last company but i did’nt response last 45-50 days i will send my cancel cheque also plz tell me what can i do???
Dear sagar,
Kindly check the status of your EPF claim…Read: How to check the EPF withdrawal application status online?
If there the status is blank (no record) then your employer might have not yet submitted the form.
plz tell me what can i do
there is no record found
Hello Sir,
Thank you for very informative article.
I have a query regarding my EPF. I commenced work with Employer (Sept 2011) and ended (Jun 2014) after which I moved abroad and recently returned to India(not working at the moment). Most likely I will pursue education in near future. In this scenario:
1. can I receive full refund of EPF?
2. Will there be any taxes/TDS deductions? (Its been >5 years since the account was opened)
Thank you
Ram
Dear Ram,
1 – Yes.
2 – Yes, as the contribution period was less than 5 years. Kindly read: EPF withdrawals & TDS rules.
hello there, I work for a private company, I have 2 questions
1) On retirement – would I get all the PF balance in my account back or would there be any restrictions
2) Would that attract any income tax.
Dear arun,
1 – You can get full PF balance.
2 – No, if the scontribution period is more than 5 years.
Hello
My wife left her job in March 2015 and moved Abroad with me. Can she withdraw the EPF from her previous employer without any tax deductions. She is unemployed since then (around 1.5 years now)
Do you have any post for procedure to withdraw the EPF (like in this case)?
Dear Anuj,
Yes, she can withdraw full EPF balance.
Read : EPF withdrawals & Tax deduction rules.
If her UAN account is active and KYC details have been verified by her ex-employer, she can submit the new UAN based withdrawal forms directly to EPFO.
What is the latest rule to get interest on old PF account.
I have PF account from previous employer which is not operative from 2015 march and not transferred to new employeer or withdrawn it .
Do I get interest for this current 2016 – 2017 year.
Dear Vishnu,
If you are contributing to EPF shceme now, suggest you to transfer the old EPF monies to new ac.
Read: How to consolidate multiple EPF accounts?
SIR
GOOD MORNING. CAN YOU PLZ TELL ME WHETHER PF IS DEDUCTED ON BASIC OR GROSS SALARY??
Dear Mathi,
Every month 12% of your “salary” is contributed towards EPF account. Your employer also contributes 12% of the salary to your EPF a/c. Out of this 12% of your employer’s monthly contribution, 8.33% goes towards EPS (Employees Pension Scheme) and only 3.67% is invested in Employees’ Provident Fund (EPF). So, you contribute 12% of your basic salary and your employer contributes 3.6% of your basic salary towards EPF deposits.
The definition of SALARY for EPF calculation is : Salary = Basic + Dearness Allowance.
Read : EPF a/c interest calculation : Components & illustration (Employees’ Provident Fund)
Mr. Sreekanth
My question is the employee joined mid of the month then the PF deduction is calculated on proportionate or on full month basic amount??
Regards
Satya.
Dear SATYANARAYANA,
In case of mid month joining or leaving scenarios,the PF will be prorated accordingly and the contribution will also get prorated.
Hello Sir,
My name is sunil kumar patel,my query is,
Do I still need to take employers signature to file my EPFO withdrawl form in EPFO office,according to new rule??
Dear Sunil…Kindly go through this article : New EPF withdrawal forms..
Dear sir. I left my job last Oct-10-2016. and i also joined new company they said we can give new PF facility. So
1. can I get my full EPF balance ? I already registered with UAN
2. I have salary account bt i have not cheque leaves so what should i do ?
3. what documents will requiter ?
4. Finally I dont want to go my old office for get my PF….so can i get my PF amount in other way
Please Help Me sir
Dear Shivanna,
If you have joined a new organization and going to contribute to EPF then you have to TRANSFER old EPF monies to the new account.
Hi Sreekanth,
I have a query regarding PF with drawl, i am working in a company for the last 18 months(Not resigned), is it possible to withdraw any Partial amount from my PF account. If so what is the procedure that i need to follow?Awaiting your reply.
Thanks in Advance,
Ajay
Dear Ajay..Kindly read – EPF partial withdrawal rules & options.
Hello Sreekanth, I have a query. In recent past, whichever the company we get changed into, our pf is getting accumulated into UAN No. My concern is can we go ahead and withdraw this amount partially whenever we required; however, pf nos. will be differed; and also, one more question is I had a PF account which is of very old when there was no UAN no. now will I be able to withdraw since I had left it for so many years may 4-5 years. please advise, so that I can go to the company ask for the same. Thanks
Dear Vijay,
You can get your old PF monies transferred to your new/latest EPF account.
Read: How to consolidate multiple EPF accounts?
Partial EPF withdrawals; Read : EPF Partial Withdrawals / Advances : Details, Rules & Guidelines
I retired in January 2014 and shall complete three years in January 2017.I have not withdrawn my PF deposits.After three years ie January 17,it will become inoperative account.If I continue my deposits after January 2017,will my deposits earn interst,if so, till what time.Is there any time limit for withdrawl of inoperative accounts .
What is the procedure of withdrawl of inoperative accounts(documents/formalities to be completed.)
Dear Mehta Ji,
May I know your age?
Kindly note that EPFO is going to pay interest even on Inoperative accounts. But the notification is yet to be released regarding this.
If you would like to withdraw PF then you may route the withdrawal request through your ex-employer or submit new UAN based forms (if you have UAN and kyc details are verified).
Read : New EPF withdrawal forms.
Dear Sreekanth,
Thanks for your response.I shall turn 61 in january 2017.Please share the notification as and when the same is issued by EPFO/Ministry of Labour.
Dear Sir,
I gone through all your suggestion, I am really want to thank you your efforts and patience to words reading the q? and Answering to all.
I have q and i hope you wont feel bad to answ me.
1) i am working in reputed safety engineering college from 2012 feb. which this college rune under trust.
2) Till 2015 Oct for all employees management was not given facility for PF and ESI to, after asking all time to need those facilities.
3) From 2015 oct as we are getting increment. as i hv got increment 3773 rs, as they mentioned.
my salary was 16000rs. after deducting of My ESI 1773 rs ,2 months before they started telling your not eligible for ESI facility. due to your withdrawing salary 16000 and above, but from 2 months they are paying the ESi amount only 500rs, initially they told your esi will will be deducted 1773. here i dint understand the logic of this company.
4) Same in PF also they started tell the same stories as same above, but as a PF they were deducting 2000rs its means, they said name shake you got your increment 3773rs but i am working from 2 years same salary, 16000rs.
5) Pls suggest me what do, how to q it. Till now this company not given PF no TDS details even they deducting 200rs as a TDS also.
6) Now i am planning resign to to this company.
Now this year they started telling no increment. But one this i No this company making huge money. this company every year turnover 7 to 8 crore.
pls sugess me wat do
Dear Bhoomi,
Thank you for your appreciation.
EPF :If your college employs more than 20 individuals, it is mandatory for them to offer EPF scheme.
TDS : If your (or any employee’s) projected income after considering your income tax declaration and provisional investment proofs (if any) is above the basic income tax exemption limit, your employer is bound to deduct TDS from your Salary. The TDS deducted by your employer will then be deposited in Central Govt’s account against your PAN number.
Read: TDS deducted by Employer but not Deposited? How to check TDS details online?
You may also check if your organization is deducting EPF or not, kindly read this article;
How to check online if your Company has deposited EPF dues?
Sir,
I have completed my service 9 year single company.so I doesn’t want to transfer in pension scheme.
Kindly suggest for the rules
Dear Udit..I am unable to understand your query, kindly re-phrase it.
WHAT IS THE INTEREST PAID IF MY PF AMOUNT IS KEPT AS IT IS.
Dear Ramesh.. EPFO to pay 8.8% as interest on Inoperative EPF (Employee Provident Fund) accounts.
Hi Ravi,
This is Ramesh Kumar. i am staying in hyderabad, ex-employee of Virtusa Polaris company. i had resigned from my job. I have some questions about PF withdrawl.
1. can i withdraw my PF amount at any period of time.
2. is there any specific period for withdrawing PF amount
kindly suggest.
regards,
ramesh kumar
9949020396
Dear Ramesh,
1 & 2 – Yes, if unemployed for min 60 days.
Dear Srikant
I would like to know, what is the past and latest EPF rule position on paying interest and tax there off on accumulated balance of a dormant (inoperative) account? Kindly revert with authority giving Sec No of the act on the subject.
Dear MVR Rao,
EPFO to pay 8.8% as interest on Inoperative EPF (Employee Provident Fund) accounts – This is as per the latest news reports.
However, I believe that the official notification is yet to be released.
Hi Sreekanth…. I was working in a pvt company for 4 years…After that I am working in state govt…So I was not able to transfer my EPF to NPS…after waiting for 2-3 years I was afraid that my EPF account become dormant…So I withdraw my PF now PF office deducted TDS and deposited towards my PAN…Now my question is is this PF withdrawl is taxable income? If taxable income for wch year I should show it? Should I mention in tax return of this year? I was not able to transfer my PF as reason is beyond my control…Please reply soon…Thanks in advance…
Dear Ravi,
It is a taxable income and can be included with the your other income in the financial year in which you have made such withdrawal.
Read: EPF withdrawals & new TDS rules.
Hai! 20 days before i was applied my PF Withdrawal,in application form i was mentioned online transfer, it is possible to get cheque? In behalf of me i send my friend. please reply and how many days for Processing of PF?
Dear Prasad..The PF amount will be credited to your bank account as mentioned in the withdrawal forms. Generally they issue the credit in 30 days..
Hai! Srikanth
I will working 29-03-2012 to 24-09-2016 at sodexo organigation,total pf contribution at 133627/- so, please total pf with drawl amount details
I am regine 24-09-2016 in sodexo ,so pf withdrawl .pf amount both sides 133297/- rs , finally amount details
Dear bodapatistinivasarao..You may kindly check your EPF passbook.
Dear Srikanth your efforts are well appreciated in regards….In continuation to Rakesh question, I left my org 30days back and unemployed now. I work at Hyderabad but my EPF circle is Bangalore, 1 ) should I need to go to Bangalore to withdraw the PF amount or can i submit it in Hyderabad branch ? 2 If I can courier it , are they responsible to respond and which division [Bangalore KR puram]should i courier and can I do DTDC ? 3. As I had done only 30 days should I have to wait more 30days or can i courier it now so that once my 60days unemployment is done they will deposit ?4.what are the forms or documents I should courier ? 5. and attested documents I should courier ?
Dear satish,
1 – After min 60 days of unemployment, you can POST the new UAN based EPF forms to your EPF-Blr circle.
2 – To the division where EPF is maintained. Suggest you to send SPEED POST. You can track the claim status here..click here.. You can also submit the forms in person.
3 – Yes, have to wait.
4 & 5. Withdrawal forms, cancelled blank bank cheque, PAN card copy & Form 15G.
Dear Mr. Sreekanth,
My last working day in my previous company was 31/07/2016. Now, I am working abroad. So, my query are as below:-
1. Can I get the full PF amount with interest ?
(i.e. contribution of Employee + Contribution of Employer + Interest ).
If no, then when and how rest can be withdrawn ?
2. Is any tax deduction will be applicable while withdrawing my PF amount ?
Like as TDS/other will be applicable
Date of Joining :- 19/09/2011 &
Date of Resignation :- 31/07/2016
3. After how many days PF can be credited into my account ?
4. Can employer has any right to hold my PF ?
Awaiting your valuable reply……
Thanks & Regards,
Rakesh Prasad
Dear Rakesh,
1 – Yes you can get.
2 – Kindly read : EPF withdrawals & new TDS rules.
3 – No.
Hello Sir, My PF Account is in Bandramumbai ( Maharastra) and amount is held in my employers trust but I reside in Shivamogga (Karnataka). Now I am unemployed for more than 60 days. Please tell me where I should submit my application for full settlement. Also does any specific reason required for settlement.
Dear Adarsh,
You may mention the reason as ‘unemployed’.
You can post the new UAN based withdrawal forms to Bandra office. (Kindly check with your ex-employer too).
Thank you very much.
Hello sir,
I’m working in a company with three years of experience and now my basic salary is Rs. 14200.00 and no DA. My PF deduction is Rs. 1800.00. But now i don’t want PF to be deducted. Is it possible? If so what form i have to submit?
Dear Poongothai..No, you cant come out of the scheme now. You have to continue the contributions.
I have been with my prev org for around 6.3 years (LWD: 22/08/2016). I now work for a new company for the past 3 months (DOJ:25/08/2016).. I haven’t initiated the transfer of my pf. My UAN is updated in both of the pf accounts. My ques is :
1. Can I now withdraw my old PF amt as I had a continuous service of more than 5 yrs with my prev org ?
2. If yes, is it taxable ?
3. Do i have to transfer it to my new pf and then follow the partial withdrawals process ? or can i initiate a direct withdrawal ?
Dear Abdul..You can transfer the old PF monies to your new account & then can make partial withdrawals.
I am working in a private company, I am aged 61 yrs and am receiving pension. I am contributing to PF in my present organisation. I would like to withdraw funds for house repairs will I be eligible to withdrawal
Dear Ajay Ji…I believe, if you wish to withdraw full PF balance, you may do so.
Else – Can make partial withdrawals for these purposes..read this article..
Hi, Can I withdraw my full PF from my last organisation which I left 3 months back? It was managed by their own PF trust. I am currently with a company where the PF goes to government. Please advise. Thanks in anticipation.
Dear Jayant..You have to transfer the monies to your new EPF account.
Hi, My last EPF contribution was in month of November 2012.
My question is that if I am still eligible for interest as per new government guidelines on my account as it is dormant now?
Dear ankush,
Yes, you can get interest amount on your in-operative account.
Hello Sir,
I change my job some six months back and requested transfer of the PF to my current organisations account but it could not happen due to some reason not clear to me. Now i came across a better oppurtunity and switching yet again. Therefore had a couple of quries ;
1. If both of these PF’s (for my last and current organisations) could be transferred to the new organisation.
2. Alternatively, could i withdraw the PF from the last organisation in full and transfer PF of the current organisation to the new organisation.
Please advise.
Dear Shruti,
Suggest you to transfer the two PF a/c monies to the new EPF a/c after joining the new company.
Kindly read below articles:
1 – How to consolidate multiple EPF accounts? – http://www.relakhs.com/consolidate-old-multiple-epf-accounts/
2 – OTCP portal for EPF transfer claims – http://www.relakhs.com/epf-online-transfer-claim-otcp-uan-member-portal/
I have recently left my previous organisation with 6 years service. My last date was 10th Oct. I did not join the new company. I want to withdraw all my PF amount. Is that possible ?
Dear Sriniva..If you remain unemployed for minimum 60 days then you can withdraw full PF balance.
I have working with an company for the last 2 years, now im planning to leave the company next month,the new company has no PF practice hence i couldn’t submit my UAN as well, whether my current employer pay me the PF amount in F&F settlement ? quite confused..pls help me on this…
Dear Senthil,
They may not immediately pay it in F&F settlement. If your PF is managed by your company (Pvt trust exempted) then check with your employer about the time-line. If it is EPFO, you can submit withdrawal form, generally EPFO settles the claim within 30 days.
Read: New EPF withdrawal forms..
dear sir i sel my pension 500 and 100 manth past so i want to return my 500 peinsion and Ade my regular pension for ex. i have rs.1604/- pension and seal rs.500/- new i got rs.1104/- only when i have got full pebsiob rs.1604/-
Dear Sreekanth,
It is so nice that you are taking out time to answer the anxious queries. I have just a small doubt to get cleared from you. I have contributed nearly 50,000 to my PF account. However, I just received only 14,000 in my account with a message as BULK POSTING EPF1 SYS0. I am not sure why the remaining amount has not been credited into my account. Are there going to be further any amount transfer from the PF office?
Thanks in advance for your reply.
Dear Rishi,
That can be your EPS amount and you may soon receive the EPF amount.
Hi.
I completed 4 years and 10 months in my previous organisation and left the organisation. Now it is more than 5 years after resigning.
Is TDS applicable for withdrawals?
Thanks
Dear Muthuraman..Yes, as you have contributed for less than 4 years, TDS is applicable.
Read: EPF withdrawals & new TDS rules..
Sir,
I have received my employee’s contributions + employer’s contributions but its being over than a 10 days
I haven’t receive the interest amount.
So, could you tell me ” How much time it takes to process the fund ?”
Dear Ajay..Your would have received the EPF with interest amount, probably you may have to receive EPS amount.
Dear Sreekanth,
After applying for EPF withdrawn, within how many days it may credit to my given account. Please brief me.
Thanks in advance
Ravi
Dear Ravi ..Generally within 30 days..
Hi Sree,
Details are Nicely put up. Kudos for that. Our concern has 16 employees as of now. If all the sixteen has their salary above Rs.15,000/- do we have to register for ESI and EPF. Please give a clarity on this. Thanks in advance.!!
Dear Ramanujam,
At present, provident fund is mandatory in establishments hiring 20 people or more. I believe that the Govt is proposing to bring down this number to 10.
Dear Sir/Mam,
I wood like to know pf refund rule & regulation before one year working. or less then one year work. if some one work eight month, he or she can eligible to refund pf .
Regard
Braja
Dear Brajabandhu..If he/she is unemployed for more than 60 days then can withdraw full PF balance.
Dear sir,
I am sandip i had joined my first company through agency and on 3rd dec 2015 .And from 21st june 2016 i had prometed and directly selected to on job traning through company.and i resigned from agency i had reseved 7 sallery from agency .
SO i request you to know that can i withdraw my pf contribution+employer contribution+intrest.
Along with this i am working with another company there also my pf is being deducting and i working currently also with this company and above company is this will create any problem in pf .pls help
THANK YOU
Pls rply
Sir
Previously I worked in a company for 6 years and the epf was deducted from my salary every month when I claim it was found that the employer deposited the epf only for 5 years, and balance 1 year they didn’t deposit to epf office but they deduct the same every month. And I received my claim only for 5 years. So I request you sir please suggest me what can I do. and the employer changed the contact no. & I don’t have any contact with my employer, am very far from my employer Kolkata to Andaman.
Dear Bishu ..You may inform about this to EPFO directly, kindly submit your grievance at this link, click here..
Read: How to check if employer has deposited EPF amount or not?
Sir
Am worked in a company from January 2016 but my employer didn’t deduct any epf from the salary and also didn’t give any bonus, so what can I do please suggest me.
Hello
If i move from a PSU to a central govt organisation like indian railways where there is no PF scheme, the transfer option doesnt apply. so can i withdraw the amount without the two months unemployed condition?
Dear Apurba ..I believe you may have to wait for 60 days.
i pay 2 years for PF amount nearly 30,000. but now in my mobile sms balance just now showing 9000. why
Hi Sreekanth,
I wanted to withdraw partial amount of my PF and I have completed 6.7yrs of service
can you please let me know the steps to get the money and is it possible?
Thank you
Dear Lavanya ..Kindly go through this article : Loans & Advances on PF balance – Rules, options & guidelines.
Hi,
I am out of job from last 2 months. I have worked in two different companies for aroud 1.8 months. Please help me in knowing whether I can withdraw my full EPF amount including Employee share + employer’s share + accumulated interest.
Awaiting your response.
Thanks.
Dear Amit..Yes, you can..
Hi Sreekanth,
I have withdrawn PF account money( 2 years duration) this october 2016, my contribution was around 40,000 . Employers contribution was around 12, 000. I have received only 23,000 after PF withdrawal.
Dear Dr Rashmi ..That can be your EPS amount. You will soon receive EPF amount as a separate Credit.
Hello Sreekanth,
I worked in a Pvt . Company from Nov 1996 to Sept 2006. Company was under jurisdiction of EPFO office Vashi, Mumbai, Maharashtra
I shifted to Pune in Sept 2006 after switching job to another Pvt. Company, and continuing there till date. Current Company is under jurisdiction of EPFO office Pune, Maharashtra
Applied transfer of accumulated funds from EPFO Vashi to EPFO Pune in Jan 2015
Employee share + employer’s share + accumulated interest on both got transferred to current account with EPFO Pune in March 2015 ( praiseworthy service contrary to the legendary sluggish approach in PF offices ! )
My questions are
1. Will the accumulated corpus in the EPS (pension scheme 1995) from Nov 1996 to Sept 2006 also get transferred to the current EPS account?
2. The EPFO passbook ( easily downloadable from EPFO site) shows only the EPS balance from Oct 2006 to till date. What about the corpus accumulated from Nov 1996 to Sept 2006 in the previous organisation?
Regards
B D Sharma
Dear Bidyut,
1 & 2 – The accumulated service years are transferred. Actually you wont see the EPS amount in your passbook after the transfer is done. As the pension amount (after retirement) is based on no of service years, your total years of service will be considered.
Hi,
I resigned two months back and i have not apply for pf .Can i use my private bank account(Citi bank) for pf claim?
Dear Nagamalleswararao,
Did you register the same bank account in your UAN portal? Is it linked to your EPF account?
If yes then you can submit a blank cancelled cheque leaf of the same a/c along with the withdrawal forms.
Hi Sreekanth,
My citi bank was linked with UAN.Thanks for clarification.
Regards,
Nagamalleswararao
Hello Sir,
I start my job in month of sept 2016 and opt for PF contribution because of lack of knowledge.Both employer and employee contribution deducted from my CTC. In short approx 24% salary is contributed towards EPF. My CTC is RS 254400 per annum. so there is no tex benefit for me and I have better option to invest this 24% portion of my salary.Is there is any option for me to permanent close my EPF account and get my Full CTC. Because all my other colleagues getting their full CTC.I want to permanent close my EPF account. Is this possible if yes please guide me complete process.
Dear SAHIL,
Once you have opted for it, you have to contribute to the scheme.
dear sir,
plz suggest can i withdraw pf amount i have compleate 5 year for job
Dear Pankaj..If you are employed and contributing to EPF, you can’t withdraw full Pf balance.
Kindly read : EPF partial withdrawal rules..
Dear Shrikanth,
Thanks for your tremendous help sir,
Finally my withdrawal application got approved.
i have applied on 07/10/2016 for PF withdraw. Today they (EPFO Office) are updated in job portal that payment is under process. Now my question is still how many days will take to the amount credit to my account. Thanks.
For your kind information i had given the details to you.
Claim ID : ******
Status : Claim Form 19 for PF Settlement AGAINST Member Account No (******) has been approved. Payment is under process.
Claim ID :******
Status : Claim Form 10C for Withdrawal Benefit AGAINST Member Account No (******) has been approved. Payment is under process.
Dear Sakthi ..Generally, they take 20 to 30 days to pay the claim amount.
Sir,
I had submitted documents to withdraw my PF (2015to 2016) at delhi based previous company. i have send all documents hard copy by post but noreply yet wahat is the processer i m last 3 month not working so i have withdraw full pf amount aur no.how many days i have receive my amount.
Dear sagar ..If all the documents are in place, ideally EPFO processes the claim within 30 days.
Suggest you to track your claim status through this link, click here..
If I Left a job and again joined in another company after more than 3 months, means I was unemployed for more than 3 months after resigning from previous organisation, but currently an employee of other organisation, Can I withdraw my pF & how much %?
Dear Sachin ..If you are contributing to EPF shceme now in the new company, you have to transfer your old EPF a/c monies to your new EPF a/c.
Hello Sir,
I have worked in a Private LTD Company for two and half years and resigned in Feb. 2011. Few years ago, when I mailed to the Company Office for my Full and Final settlment that time I got reply to deposit due amount of Rs.2300/-
My point is that can I withdraw the PF amount now, five years have been passed for resingnation and what will be the due amt at present.
Kindly guide me.
*I registered on UAN and In-oprative Helpdesk three days before .
Dear Bhausaheb,
Are you liable to pay any dues to your ex-employer (by way of loans etc)?
If you are not contributing to EPF scheme now, you can withdraw the PF balance.
Submit your withdrawal forms to your ex-employer. Enclose – copy of PAN card, cancelled cheque leaf and form 15G (if required).
Hi,
We are running KPO company in Mumbai with 30 employees salary range is 6000-10000 ,We are planning to start EPF in coming months but some of employees dont want PF to be deducted they need full salary. Can you please guide me EPF is mandatory for each company have min 20 employee size OR no .Really on confused state .
Regards
Sree vinoth
Dear vinoth,
It is mandatory to offer the scheme in your case.
If this is a first job to an individual, he/she has to option to opt-in or opt-out of EPF shceme.
But if an employee joins your company and he/she has already contributed to EPF scheme earlier then he/she has to contribute to EPF.
Suggest you to kindly take help of a CA.
Sir,
I had submitted documents to withdraw my PF (2009 to 2013) at Lucknow based previous company. The company also verified & send it to PF Office. In PF office people are saying your account is not up date.So they d’not accept my form.Now the question is that who will update my PF account. Six month is going to end either company or PF office no giving any suggestion for next step.
You are requested plz suggest.
Dear eqbal,
If your company has really submitted the withdrawal forms and if EPFO has receive them then you can track you claim status here, click here…
Are you currently contributing to EPF scheme again in another organization?
Hi Sreekanth,
Needed a clarification on the Inoperative account. Now that Interest will be received in the inoperative account, this mean that it is no longer inactive? If I have a inoperative account, I can keep it that way?
Dear Manja ..Yes, the concept of in-operative EPF a/c has been scrapped. I believe that one can keep it till the retirement age (58 years of age).
Hi,
How do transfer PF amount old company to new company. help me please
Dear Meganathan,
Kindly read:
How to consolidate multiple EPF accounts?
Transfer of PF through OTCP portal.
I want to withdraw my PF amount . Please send the forms for filling up and send it to EPF Office
Dear Vijayalakshmi ..Kindly read: EPF new UAN based withdrawal forms.
Hi,
Want to check, is it possible to withdraw full PF amount after two month leaving the job?
Dear laxendra ..Yes, if one is unemployed and/or do not contribute to EPF scheme for more than 60 days..
Hi I am serving in Pvt Ltd Company for almost 12 Years and would be joining new Org at the beginning of next month. So I wanted to withdraw “My Contribution of PF + Interest” so is that allowed as per new rule?
If yes, then what forms or formalities I have to complete?
I have written it to PF department of Company and they say that it is mandatory to transfer PF to new Org, which I agree since as per new rules entire PF cannot be withdrawn. So please let me know if I can withdraw my share of contribution
Dear Milind,
If you are going to join a new company where EPF shceme is offered, then you have to transfer your exiting EPF a/c monies to the new EPF a/c.
Once you transfer your PF, you can make partial withdrawal (if really in need of money).
Read: EPF partial withdrawal rules.
Dear sir
How many time we can withdrawn our EPF during service
Dear kamal ..I believe that you are referring to Partial withdrawals, kindly read this article : EPF partial withdrawal rules..
Hi, I have worked for a company from march 2015 to march 2016
I left my job on march 2016 and was unemployed till may 26th 2016.
from may 2016 i joined another company and now continuing my job.
Can i withdraw my previous company pf amount as i was unemplyed for 2 months from march to may
waiting for your valuable reply
Dear Biranchi ..If you are contributing to EPF shceme now, you have to TRANSFER your old EPF account monies to the new one.
Hi,
Is that possible to withdraw full PF amount after 2 months of leaving the job?
That was a rule earlier before this years’ new rules and as you mentioned those are scrapped so I wanted to reconfirm.
Thanks,
Kunjan Desai
Dear Kunjan ..Yes, it is possible.
Hi Sreekanth
I have completed 5 years on current organization and still continuing the same organization.
Please confirm shell i eligible for pf withdrawal without TDS ? if yes , how i can proceed ?
Dear Sree..If you are employed and contributing to EPF, you can not make full PF balance withdrawal.
Kindly read: EPF partial withdrawal rules & options.
I am Uttam superannuating on 30-04-2019 on attaining 58 Years. My questions are
1. As per the present/latest EPF rules how long I can continue with my EPF account without after superannuating without contributions from either side?
2. For the allowed period, beyond superannuation without contributions am I eligible for interest?
Dear Uttam,
The retirement age is 58 years, on attaining 58 Years of age, an EPF member cease to be a member of EPS automatically. But Pension can be deferred by 2 years to get some extra Pension amount. But EPF, I believe that no interest will be credited after the retirement age (but I am not 100% sure on this).
Dear Sir,
Is there any possibilities of withdrawing the EPF amount without Employer’s attestation. please give me the possible ways?
Dear Antony..Kindly read: New UAN based EPF Withdrawal forms..
I have submitted form 15 and other required documents to my previous company to withdraw my PF.
I have couple of doubts – Please clarify :
1. How log it will take to credit in my Account?
2. Will I get the full Amount after 10% tax?
3. I got Confused of this new rule of Retirement Plan?
Please help?
Dear Kartik,
1 – Generally, within 30 days.
2 – Read : EPF withdrawals & new TDS rules.
3 – The proposed new rules have been scrapped.
Hello Sir,
I am working in a company in noida for past 1 year. I was enrolled in the PF scheme but as the rules have changed I want to discontinue the PF scheme and don’t want my PF to get deducted from my salary. Is there any option that while working in the same company I discontinue the PF scheme. I checked with my HR and she told me once you are enrolled you cannot opt out of PF scheme. Please advise.
Thank You.
Sandeep
Dear Sandeep,
The proposed new rules have been scrapped.
You can not discontinue your contributions.
Dear sir
I hv worked in a company where I hv EPF scheme for 2 yrs. Now I left and now working as a professional since 3 yrs. I want to withdraw my EPF is it tax abel .
Dear Ranjan,
Kindly read: EPF withdrawals & new TDS rules.
Dear Sir,
My name is Amol & i m from Pune. I am working with a private company for more than 7 years now & i need to withdraw PF money for my father’s treatment urgently.
1. Please suggest if i can withdraw money from my PF account.
2. Will i have to inform my employer for this or i can directly withdraw money.
3. Is there any penalty or tax for withdrawing the money.
4. Please suggest the procedure for doing the same.
thanks & regards,
Amol
Dear amol,
1 – Yes.
2 – Either of the options are fine. Read: New EPF withdrawal forms (submit directly to EPFO).
3 – No.
4 – Kindly read: EPF partial withdrawal rules.
My prayers and wishes for your father’s recovery and good health!
Hello,
A very detailed and useful article. I was wondering if you can resolve my issue.
I have been married to a US Citizen and will be migrating there soon. Can I withdraw the whole sum of money [epf + eps] as I will be migrating permanently?
If Yes, what are the requirements?
Thanks in advance.
Dear Tanmay,
Yes, you can withdraw full PF balance. I believe that you can submit self-declaration stating the reason. If possible, suggest you to submit the withdrawal forms through your employer to EPFO.
Mr. Reddy,
I highly appreciate your prompt response. I was going through EPF rules, and I noticed exactly what you suggested. It suggests that if I do not join other organization, I can withdraw the money after 2 months of unemployment.
I was wondering if you have insight to guide me in following concern.
I wish to keep my job until I receive my Visa. Once I receive my Visa, can I apply for withdrawal before 2 months of waiting time? It would be also helpful if you can point me in the correct direction, if you can not definitely answer it.
I appreciate your efforts and guidance.
Dear Tanmay,
As far as I am aware, if you are going abroad for higher studies or employment, you can withdraw full PF balance (without waiting for 60 days).
Mr Reddy,
I really appreciate you taking time for reply.
You have been a great help.
PS: I will be immigrating there on the basis of marriage and will therefore have work permission as well. Any way, thank you very much.
Regards,
Tanmay Desai
Dear Sir,
I have recently left my previous organisation. My last date was 8th Aug. I did not join the new company until 15th Sep 2016. I want to withdraw all my PF amount. Is that possible ? If not can I withdraw any partial amount?
Dear Lalit ..If you are contributing to EPF scheme now, you have to TRANSFER the old EPF a/c monies to your new EPF account.
Read: EPF partial withdrawal rules..
Hi Shrikant
I am getting married on 4 December 2016 and wanted to withdraw my PF amount partially. I had submitted the documents to my employer however they have reverted to me saying the following “PF office will accept your form when 45 days will be pending for your Marriage. You can claim the advance before 45 days of your Marriage, ie your Marriage Date is 04th Dec 16 then PF will accept the form on 20th Oct 16.”
Is this the Rule, as i am unable to find anything on the website?
Dear Satish ..Even its a news to me. I am not sure about this.
Hi sir,
I worked with a company from aug 2012 to aug 2014. I resigned and joined punjab government’s service. Is it true that epf cannot be transferred from private to government employer. Is yes then will the epf amount be taxable. I had withdrawn my amount and tax was deducted for the same.
Dear Pratibha ..As of now EPF amount can’t be transferred to NPS account.
Read: EPF withdrawals & TDS rules.
Hello Sir,
Is there any further latest update on the PF withdrawl rules which were published on 10th Feb 2016 But later there were talks of reversal. But some people telling that it would have come into affect from 1st Aug 2016.
Pls help to clarify if we can withdraw the entire PF corpus after 2 months of leaving the job ?
Thank you.
Dear Rahul ..Yes, one can withdraw full EPF balance..
The proposed new rules have been scrapped.
HELLO SIR,
PLEASE ANYONE CAN HELP ME , MY SELF MEHUL I HAD WORKED WITH THE COMPANY WHO HAVE STORE AT IGI AIRPORT NEW DELHI. I HLEFT JOB IN APRIL END , HR OF THAT COMPANY GIVEN FORM FOR PROVIDEND FUND. I FILLED IT ATTACHED CANCELLED CHEQUE GIVEN TO THEM
TILL DATE I DIDNT GET ANY REPLY SO TELL ME WHAT I DO FOR SAME FOR WITHDRAWN PF AMOUNT
THEY ALSO DIDNT PICK PHONE ALSO
Dear MEHUL ..You may check your claim status here..click here..
Hi Sreekanth,
As per our earlier conversation, I have worked in a MNC company for 3.2 years and the employer is maintaining their PF account is under a trust after my resignation I applied for PF withdrawal, as per my PF account statement the amount was 47000.00(approx.) and I have received 42000.00(approx.) recently.
When I approached them and said that there is no TDS for below 50000.00, but they said that is applicable only for RPFC’s not for EPF trust.
Can you please confirm is there any rules such..
Thank you in advance.
Regards,
KV Reddy
Dear Venkat ..If we carefuly observe the notification related to this, it is marked to only RPF..so even I am not sure if this rule is applicable or not to EPF trusts.
Dear Sir,
I was working in two organizations X and Y (Last organization).
I have a UAN number, that is linked with the PF accounts of both X and Y.
Now I am not working (last one month) and I would want to transfer the PF from X to Y.
Is it possible?
Kindly advice
PS: I don’t want to withdraw, but want to consolidate
Dear SRao ..Yes it is possible. Kindly read: How to consolidate the EPF accounts?
Dear Mr. Reddy,
However, I am not employed with Y at the moment, so technically the PF account is inactive.
In Form 13, a signature is required from present employer for transferring. But technically I am no more employed with Y.
How does it work?
Dear SRao,
Kindly read the suggested article. Even if you are not employed, your ex-employer can still approve your request submitted through one-employee-one-epf facility.
Else, you can withdraw the funds.
Hello sir
I was working in X organisation . presently I am working in y organisation since 11 years .so how can I transfer my length of service .from old X company to y company so that I will get pension of my full service. Now my age is 58 years completed.
Please guide me what should I do?
Regards
Dear sunil ..Did you transfer your old EPF a/c & EPS to the new one?
Dear Shreekant,
I worked for a company which is situated in Bangalore, and that was a home based job. I left the job after working for 2 years. Now, I want to withdraw my PF, please suggest, I have filled and sent the forms required for the same by courier to the company, but they are not giving any response. Please suggest what to do? Thanks
Dear Kishan ..You can check the status of withdrawal, click here..
Read: New UAN based withdrawal forms..
Hi , I am currently associated with a reputed health care company and contributing towards PF since joining , Its been more than 6 years now that i am with this organization . Due to some personal assignments i want to withdrawl my amount from my PF account . Can you please guide me on the best way so that i can easily withdraws my amount. Waiting for your revert.
Dear NITESH ..Kindly read this article : Partial EPF withdrawal – rules & guidelines!
Hi sir,
I have resigned to my job on july 21st-16. now i want to withdrawal my pf amount ,then how can i get the amount !shall i send the new forms with attached documents to my regional(Bommasandra, banglore) pf office.if it is, how many days i expect to get the full pf amount which the documents send by post?
Dear Seshu..If that is where your PF amount is administered from then yes. Generally, within 30 days..
Dear Sir,
I have worked in a company from Jan 2016-Aug 2016, and have contributed approx around 950/- PF every month. Can you please let me know I am eligible for PF withdrawal? If yes what is the procedure should I fill the form and send it my previous Employer(company) or i can fill the form and send it directly to PF office. What would be the approx amount i would be eligible for?and the place where i am currently staying does not have PF Office so should i send my form to Bangalore office or is it fine if i submit the same in Hubli Office.Please help.
Dear Amruta,
Are you currently employed and contributing to EPF scheme again?
If your KYC details on UAN portal are verified by your ex-employer then you can submit new EPF withdrawal forms to EPFO office (the office where your EPF is maintained) directly by post. Enclose – cancelled cheque leaf, PAN card copy and Form 15G (if any).
Hi Sreekanth,
Thank you so much for clarifying all the questions and sharing the knowledge on this site.
I have worked in a MNC for 3.2 years and that was the first company which I have contributed EPF.
My total contributed PF amount was Rs.47,000approx., when I withdrew the amount I have received only Rs.42000.00 approx.. and when I contact our Helpdesk they said that as I have contributed my PF below 5 years that was the reason TDS got deducted.
As per my knowledge there is no TDs deduction if the amount is less than Rs.50000.00
Can you please clarify the TDS is to be deducted upon the contributed years(period) or as per the amount like >50,000.00 and in my case the deduction was correct?
Thank you.
Regards,
KV Reddy
Dear Venkat ..Yes, if the withdrawal amount is less than Rs 50,000 , no TDS is applicable.
When did you get this withdrawal?
Read: EPF withdrawals & new TDS rules.
Thank you for your confirmation and I have received this withdrawal amount just 10 days back.
Dear Sreekanth,
Thanks for providing Very useful info.. Iam a employee in a govt undertaking company. I want to know whether it is possible to with draw my PF amount for purchasing a house. If so what are the required documents?
Dear sowmya ..Kindly read : EPF partial withdrawal rules.
Hello Sir,
I am looking for some suggestion w.r.t withdrawing PF. I am not working in India from last one year and I have my PF saving which I wanted to use for my home loan taken last year. In my situation can I withdraw all my PF saving for repayment of my home loan. Is it possible to close my PF account with the current changes in regulations. (I have more than 5 years of work ex with my last company in India )
Thanks,
Afser
Dear Afser,
The new rules have been scrapped. Yes, you can withdraw full PF balance.
I worked in a company for just 2 months and also contributed towards EPF for mere 2 months only, on 3rd month I resigned, now when I approached EPF office, they denied to give me the money as I did not continue the contribution for 6 months, what is the rule? Is there no way I can get my money back? Please suggest. Thanks.
Dear Rajesh ..You can get your money. I believe that there is no such rule exists.
Hi,
I have moved overseas a few years ago and would like to withdraw the PF balance. What is the easiest way to do this without requesting previous employers. Is there a professional who can help me with this? Thanks for your post, the flowchart is quite helpful.
Dear Peeyush ..Kindly go through this article : New EPF Withdrawal forms – submit forms directly to EPFO.
Dear sir,
Presently my housing loan balance is 5 lakh in a bank. there is 3 lakh (employee) and 2 lakh (employer contribution) in my pf account. can I able to withdraw both the amount to settle housing loan? I have withdrawn earlier (8 years ago) for sister’s marriage.
thanks n regards
Dear shivananda ..Kindly go through this article : Partial PF withdrawals – Rules & Guidelines.
dear sir, thanks for your immediate reply. really good info. good social service, thanks a lot.
Dear Sreekanth,
i have worked in X company for 9 years & 10 Months. after 1.5 months gap joined Y company and working here for last 2 years.
1. Will i be eligible for Pension Scheme ?
2. I want to withdraw My X company Full PF and transfer it to My Home loan A/c. Can i Transfer it if yes will it be Affect My Pension Fund?
Pl Reply
Dear,
1 – Yes.
2 – As you are employed now and assuming you are contributing to EPF scheme, you have to transfer your X PF to Y PF a/c.
However you can make partial withdrawal for the said purpose.
Read: EPF partial withdrawal rules..
Hi Srikanth,
I have been working in an organization more than 5 years, can i withdraw my PF( i want to continue in same organization but i need PF money for business) ?
Dear Brahma ..Kindly read: EPF partial withdrawals – rules & guidelines.
Hello,
I left previous Company after working for 6.5 years. I can see both PF account (previous and current) under same UAN. I am in current organization for last 2 years.
I have following queries –
1) Am I getting interest on previously contributed amount?
2) Should I transfer previous money to new account? or remain as is otherwise whats the point of UAN
Dear Vikas,
1 – You will get interest on the both the funds.
2 – Suggest you to kindly transfer the old PF monies to the new a/c, as only one active EPF a/c should be linked to UAN, henceforth.
DEAR SIR
OFTER RESIGNATION OF JOB HOW LONG IT WILL TAKE TO TRANSFER PF CONTRIBUTION IN MY ACCOUNT …PLZ REPLY ME
After six months I wiĺ complet my 10 years of service Life and now I want to quit my job and planning to start business. Can I withdraw full amount of I am leaving the job before completing 10 years?
Or if I quit the job after 10 years then will I be able to withdraw full esp money
the rule said you cannot withdraw full amount. you can withdraw only 90% of amount 10% rest after retirement.
hi Sreekanth,
i have 3 yrs of experience, 2 months ago i changed the company now i wanted to withdraw pf amount.
if i with draw employee side pf amount,is it taxble ?, if so how much percentage is… and is it the correct time(at 3 yrs of experience) to with draw pf amount ?
Hi Sir,
I am Sachin,now I am working with X company from last 2 years and 6 months can I withdraw my pf please suggest
Hey
In that cases you can withdrawn PF amount ,otherwise you have to wait till age of retirement.
Housing purpose of a member.
Medical treatment – Self / family member suffering from TB, Leprosy, Paralysis, cancer or Heart operation.
Marriage of children.
Professional education of children (like Medical/Engineering/Dental).
If EPF member joins an establishment belonging to or under the control of the Central or State Government and becomes a member of Contributory PF or any old age Pension scheme.
Thanks
Poorva
Thnxs for information poorva,
Pls. let me knw that whether we can withdraw PF money before 7 yrs. of membership as per rules or not or isthere any new rules w.r.t. this.
Thanks,
Jignesh
Dear Jignesh..Kindly note that new rules have been cancelled.
Read: EPF Partial withdrawal rules & guidelines.
Hi Sreekanth,
Kindly provide your suggestion in above case :
I worked in X company for 2.5 years and joined Y company.After completing 1.5 year in Y company I resigned and joined back company X.I didn’t transfer my PF of X to Y.
PF account of company X & Y is linked to my UAN. Now there will be new PF account for X as I joined back after 1.5 years.
In my UAN portal its showing passbook of past two years PF balance of company X and not showing PF balance of Y.
Referring to PF withdrawal rules, I can withdraw only 90 % of my PF balance then how can I withdraw this 90 % from PF balance? Its been 2 months and 10 days of leaving company Y. Also I want to know how can I withdraw company Y pf balance?
Regards,
Amol
Dear Amol,
As you have multiple EPF a/cs, suggest you to consolidate all of them and transfer the balances to your new EPF a/c (with X Company).
The new withdrawal rules have been scrapped.
You can withdraw Y company PF if you do not joint the X company now.
HI,
I have completed 4.5 year in oct. 2014 and I have withdraw full amount on 15th May 2015 as Was was unemploye for more then 2 month.
I dont know TDS is deducted or not.
Should I have to pay tax on this amount this year.
Thanks
Leeladhar
Dear lilaisgr8 ..You can check the TDS details (if any) in your Form 26AS. . EPF balance if withdrawn before 5 years, is a taxable income.
Read : EPF withdrawals & new TDS rules.
Kindly provide the PF withdrawal Form and guide – where to submit, how to submit the same to withdraw the part amount from PF Account.
Hi Sree,
I worked in company X from sep 2010- Aug 2013 and then I shifted to company Y , while am shifting I have transferred the PF and pension but only PF amount got transferred and Pension did not transferred, while checking in online still it displays as ” Its under process” Now again I have shifted to company “Z” and working from June 2016.
I don’t want to transfer the PF and pension now. I want to withdraw , Is it possible ?
Also I heard like I can withdraw the PF and pension but it has to apply before 30th sep 2016. Is it true? Please clarify.
Thanks in advance.
Dear Perose,
EPS amount does get reflected in your PF passbook however once you transfer it, the no of service years / contribution years gets accumulated.
You can withdraw both EPF & EPS if you remain unemployed for atleast 60 days.
Kindly note that the proposed new rules have been scrapped.
Thank you very much for your clarification sree.
Dear Sir,
Your article is very helpful. Thank you so much. I am currently unemployed. It’s been one year. I have resumed my studies. As I need money for continuing my studies I want to withdraw my PF money. I was working for 2 years in a firm before quitting job. How can I know the total PF amount that has been accumulated? Am I eligible to withdraw the full amount? How should I go about it without the help of the employer?
Look forward to your reply
Thank you in advance
Dear Anwesha ..You can get PF balance as SMS.
Yes, you can withdraw full PF balance. If your KYC details have been verified, you can submit new EPF withdrawal forms directly to EPFO.
Hi sreekank as per the new rules one can on,y with draw full EPF ie own contribution and interest accunalred till date . PF ie amount contibuted by employer cannot be withdrawn till rage of 58 . but you have mentioned in some if your replies that entire PF can be withdrawn . can u pls clarify
Dear Carol..Kindly note that the proposed new rules have been scrapped.
Dear Sir,
I’m 19 yrs old XIIth standard student. My mother has contributed her 11 yrs of govt. service in health deptt. & she is now 40 yrs old. She has been suffering from TB for about more than one yrs. She has been recovered now partially. But now, she is not able to continue with her job.It has been 1 & half year since she left the job. So, she has resined. Can she withdraw her full EPF ?
Dear Gauri ..Yes, she can withdraw full EPF balance.
Regarding EPS : As she has completed 10 years of service, then she can get the scheme certificate. This scheme certificate can be used to claim Pension either from 58/50 Yrs.
Just need to know whether my dad who has attained the age of 58 but still he is continuing the job. Hence whether we can withdraw PF Amount?If yes then maximum How much? Please confirm the form to be filled.
Dear Manish,
An EPF subscriber who attains 55 years, can withdraw full EPF balance. Kindly read : New EPF withdrawal forms…
Hi Sreekanth,
Thanks for information provided in your site. I have some queries on withdrawing PF.
I worked in a company for 11 years and left the job now working in different company for an year.
In the new company they give a new UAN which is linked only in this company’s pf account.
I wanted to withdraw my old PF amount of 11 years accumulation which has different UAN. is it possible to withdraw my PF, if so please guide me..
Dear Murali,
Do you have two UANs? if so, you have to contact EPFO and get old UAN deactivated.
You may then have to transfer old EPF a/c monies to your new EPF ac.
Hi Sreekanth,
I had applied for PF with drawal from my company , but after 40 days, I have recieved only the interest amount which was credited to my account, Will I get the entire PF (my contribution and employers contribution) credited to my account. If yes ,then by when ?
Thanks
Nasir
Dear Nasir ..Probably you would have received your EPS amount first. You may soon receive your PF amount.
hello Sir,
First thanks for good information provided on this site.
I was working with X company for 4.5 years in Maharashtra. Then joined Y company from Gujrat. After 2 months i left that company and started my own organization.
I have recd. UAN no. & Y company confirmed that they contributed amount to EPF account, which was deducted from my salary.
Now more than 60 days are completed after unemploment.
Now…
1] Can i withdraw full amount [EPF + EPS] ?
2] For this i have to start procedure with company Y or i can withdraw online OR can apply local office in Pune.
3] Once i withdraw full amount. The UAN account gets deleted?
Dear Sanjay,
Did you transfer EPF monies from X to Y?
1 – Yes
2 – If your KYC details on UAN portal are approved & verified by your employer then you can submit the withdrawal forms directly to EPFO. As of now online withdrawal facility is not yet launched.
Read: New EPF withdrawal forms.
3 – Will not be deleted.
Dear Sir,
Thank you.
After login UAN portal i have found that my passport & adhar card is approved and verified by employer. Is this sufficient to proceed further?
Also, how to check/confirm whether my bank account /adhar no. is seeded or linked?
Thanks in advance.
Dear sanjay ..IF your kyc details haven been VERIFIED by your employer then you can submit the new EPF withdrawal forms directly to EPFO.
Hi
Can anybody let me know, how many days it will take to get my PF to my account once i submit the application with KYC documents to my employer.
Shashank
Dear Shashank ..Generally within 30 days.
if Yes; Please let me know the procedure to withdraw EPS after 60 days unemployment
Dear kiran ..Kindly read : NEW EPF withdrawal forms..
I have completed 8 years of service in a company; will I be able to withdraw full PF including EPF & EPS
Hi sir,
Actually My father have completed his working career and he crossed the age 60, now he planned to withdraw the Whole PF and pension amount for some emergency. but the officers said he can’t withdraw his pension amount. please guide us to withdraw the amount because we need it for some emergency. if any rules available for decline the pension withdrawal??? please reply me asap
Dear Chandra ..He can withdraw EPF full balance but not EPS amount, this will be given as monthly pension.
I have worked for an org for 3 years and then I did 2 years of full time Mba and then worked for 1 year in new organization.I transferd my early pf amount to the new company So its been 6 years since I have this pf account.Now I am leaving the current organization and and joining a new one and I want to withdraw the entire amount of PF .
.I want to invest the PF amount somewhere I get higher returns.Will that be ok??
Dear Kiran..You can withdraw full PF balance if you remain unemployed for minimum 60 days after leaving the current organization.
Dear Sreekanth, I am 40 years old and completing 5 years in my current organization in Sept 2016. I plan to leave the job and start my own business. Can I withdraw full PF balance including employer contribution + employee contribution + interest? I read somewhere that employer contribution can be withdrawn only after attaining 58 years of age.
Please advise.
Dear Sujeet ..Yes you can withdraw full PF balance. The proposed new rules have been scrapped.
Hi,
I want to withdraw my PF for purchase of house. When can i withdraw the same. what are rules to withdraw. Can I withdraw the entire amount.
Dear Sneha ..Kindly read : EPF partial withdrawal rules & guidelines..
Hi sir
I m 55 years old. My epf account running from last 28 years. I withdrew from own share partly amount for my daughter marriage on may-15, and again partly withdrew for my 2nd daughter marriage on may-16. Now I want to withdrew 50% of my own share for my son marriage in sept-16. My question is this, can I withdrew ? Please guide me asap.(I already withdraw once before 3 months)
Dear Kapil Ji ..Yes, you can withdraw (maximum 3 partial withdrawals are allowed for the said purpose ie marriage).
respected sir
If Government of india dept removed any employee from service due to any punishment then the employee can apply for withdrawal of full EPF ??. Is there any NOC need from employer ?? what to do after termination of jobfor withdrwal ??
Dear sandeep ..If KYC details are approved and verified by the employer then an employee can directly submit new UAN based withdrawal forms to EPFO directly (after 60 days from the date of termination).
Dear sir
I am resigning my current job before 3month.I am complete all my pf withdrawal formalities till date I am not getting my pf. Everyday I follow up but no response.
Now what can I do please help
Dear Jyoti ..Who is not responding? EPFO or your employer? Are you currently employed and contributing to EPF scheme again?
Hi Sir,
I just want to know can i withdrawal my PF online. Please let me know what can I do, how do I withdrawal my pf online. Please share the link with me.
Regards
Chandershekhar
Dear Chandershekhar ..As of now, there is no online withdrawal facility.
Hello Sir,
I want to withdraw full PF balance ( both side PF + interest). I have contributed 6 years PF amount in my salary.
I am eligible for withdraw full amount or not. I am 37 years old.
Dear Nilesh ..If you are unemployed for >60 days, you can withdraw full PF balance.
Thanks sir, this is helpful reply from you, I have just one doubt for any amount remain in pension fund or I can withdraw ( 12% + 12% + interest ) full balance amount? I want NIL amount pending with PF department.
Thanks..
Dear Nilesh ..Yes you can withdraw full PF balance.
yes sir
Dear preeti ..You can get the EPF a/c monies transferred to you new EPF account.
Read:
OTCP Portal for EPF transfer..
How to consolidate old EPF accounts?
Dear sir,
Previously i am working with a firm for three months 19 th novmber 2015 to 1 feb 2016 they are deduct pf amount from my salary, i am not sure that they are activated my pf account or not i am asking again & again but there is no response of her , what i do how i get my money from her.
Preeti yadav
Dear preeti ..Are you employed and contributing to EPF scheme now?
Dear Sreekanth Reddy if I resign my Job after having 7 years of Service in IBM can I claim full PF amount after 60 days of exit with TDS or not if I am unemployed more than 3 months and if I get a Job after claiming full PF amount still I can be member for PF by contributing myPF amount along with Employers share Thanks
Dear ASHOK,
Yes, you can withdraw full PF balance after 60 days.
If you join a new company and start contributing to EPF again then your contribution years will be counted from one and not from 7.
Hello Mate,
I see a total amount of 50k in the previous employer’s PF account number (35k – Own contribution and 15k – Employer’s contribution) on EPFO website. I received employer’s contribution amount in my bank account and not my PF contribution after i submitted the PF withdrawing documents. May i know how can i transfer the remaining amount from the old PF account to an existing PF account?
Thank You
Sangeeth Reddy
Dear Sangeeth ..That’s probably your EPS (pension) balance. Generally EPS amount is not reflected in Passbook after the transfer. However note that your contribution years will be counted at the time of withdrawal of your EPS.
Dear Sir
I am working from last 7 year in different different organization now my sister marriage is fixed in 24th Nov, How much % of pf i can withdraw as i need money for supporting my family ..
Dear Amarendra ..Kindly read : EPF Partial withdrawals – rules & guidelines.
Hi, could you let me whether it’s 60 unemployment after last working day from previous company Or 60 days of unemployment after submitting the form
Dear kuldip ..Last day at company. Generally this (DOE- date of exit) is reported by the employer to the EPFO.
Dear sir ..i have worked in a Private company for the last Five and half months in CTC based, and now due to cost cutting i lost my job. in that company double PF amount deducted my salary. Is i withdrawal total PF amount?
(28000 is my total salary 3300 pf amount deducted my salary)
Dear Ravi ..If you are unemployed for 60 or more days then you can withdraw full PF balance (Subject to TDS).
Read: EPF withdrawals & new TDS rules.
I have 4.11 months of service at my current organisation,i would like with draw all my PF money.
If i join any new organisation before 60 days any constraint to withdraw.
Dear Bhanu ..Your withdrawal request can be rejected.
I am an employer and I have a doubt concerned for my employee. My employee has the basic salary of 15000 INR per month. He currently has 12% of EPF cut from his salary, and another 12% share is mine. Now we are increasing his basic pay to 16000 INR. But the employee wants his EPF cut of 12% from previous 15000 INR and wants this extra 1000 bucks in his pocket. Is this possible. Is it possible for him to have a cut of 12% from 15000 INR as had been done earlier and we still paying him extra 1000 bucks. Or is there provision of inclusion of some allowance by which he may be exempted from this extra EPF cut ? I hope the question is clear to you.
Dear Abhishek,
You may provide this extra pay in the form of some other allowance/perk (may be subject to taxes to the employee) instead of hiking the basic salary (as both of you are hesitant to include it in the basic salary).
Hi Sreekanth,
I was working in an MNC company for 10 years till feb 2015, after that i havent found a job. I had submitted for entire EPF withdrawal in Jan 2016 and this was credited to my account.
However i hadn’t withdrawn/transferred my previous PF amount to this one, so it was in unclaimed fund. The EPF folks from Delhi had followed up on this, and i was told you need guarantors for the unclaimed fund.
Wanted to know whether we would need 1 or 2 guarantors for this unclaimed amount, as usually the bank requires 2 guarantors.
Appreciate your response.
Dear Savita,
You can submit withdrawal form application, pan card copy, cancelled cheque leaf, Form 15(G) if required to EPFO directly.
You also have to enclose Self declaration (affidavit) stating that you are unemployed and would like to withdraw the PF balance.
Kindly get these documents attested with a gazetted officer (ex- Tahasildar, Bank manager where you have your savings account, MP, MLA etc.,)
Sir,
I have worked for 7 years in different MNC companies. I want to resign and get back my full PF amount . I do not want to transfer my full PF amount in new company. Plesae guide me what i have to do. They will deduct any Tax from my amount.
shekhar
Dear shekhar ..If you are employed and contributing to EPF scheme now, you have to TRANSFER your old EPF accounts monies to the new one.
Read:
How to consolidate old EPF a/cs?
EPF withdrawals & new TDS rules.
Sreekanth ji maine 2.5year job kiya hai MNC company me jan2016 me maine resigned diya or abhi private business kar raha hun kya mere pf ka fund mujhe pura mil payega maine form no.15C bhi submite kiya hai..pls Reply kare
Dear vibhash ..Yes you can get full PF balance.
Dear sir,
I would like to know about PF withdrawal after leaving the current job . and no further job in future . in that case if i want to start my own business,what i have to do. can i withdrawn full PF or partially ?
Dear Rahul ..You can withdraw full balance.
what is the time after my resigned for withdrawn my pf money
Dear sourav ..60 days minimum and one should be unemployed and should not be contributing to EPF scheme.
HI Srikanth,
One month back I left one organisation and next few days I joined another one and joined also EPF in the new organisation. Though new organisation so far did not provide any new PF account and due to some financial urgency for purchasing a house my question is :(I have 18 yrs work exp and pF member as well)
1) Can I withdraw partial amount of money from Old Pf account with the last previous organisation ?
2) If so can I apply for partial withdrawal to my nearest PF branch office and what are the documents required?
3) If not now then when I can withdraw partial amount from my PF account ? I have already one active UAN no that is linked to my previous organisations’ PF account.
Dear Tapas,
1 – Yes. You can submit new UAN based form 31 and there is no need to get your Employer’s attestation on it.
2 – Kindly read:
EPF partial withdrawal rules..
New EPF withdrawal forms..
3 – You can also withdraw after linking your new EPF a/c to the existing UAN number. But you have to transfer the old EPF monies to the new EPF account and then can submit partial withdrawal request.
1. my co. is channai based which i have left but my co. is not giving me my EPF Number. how i detect/find my EPF no.
and how i know that i had already registered by that co. or not ?
2. Is two epf no. exist at the same time?
3. when an employer start deduction epf after joining.
Dear kimti Lal.. An employee can not have two EPF a/cs at the same time.
Kindly read this article : Is your company deducting EPF from your salary?
Hi, i am working in a MNC company from jan’14, now i am going to get married in Nov’16, so how much amount can i withdrawn for my marriage, please suggest.
Dear Mohd Zain..Kindly go through this article : EPF partial withdrawals & rules.
I have worked for 4 organizations from Aug’2010 to Jun’2016 and transferred all previous organizations amount to my latest organization EPF account, which is maintained at Bangalore EPFO. I have linked my UAN and and Account and Adhaar got verified from my employer.
My Age: 35
My Residence: Hyderabad (My recent employment’s working location is also Hyderabad, though the EPF Account belongs to Bangalore location)
I have 2 months of service gap from my last employment.
Is it possible to withdraw 100% of my EPF amount?
Am I allowed to withdraw pension amount? if Yes, what is the procedure?
What is the withdrawing procedure (I can Form 11 in my UAN account)
Do I need to physically go and submit required documents to Bangalore office, or my place of residence?
Dear Rama Raju..Ideally EPFO would process your withdrawal request after 60 days from the date of your exit from the last company. In case if you join and start contributing to EPF scheme again then they may reject your application.
Yes, one can withdraw both PF & EPS amounts. Kindly read: New EPF withdrawal forms ..
Thank you Srikanth garu.. for your time and help
Hi my name is jeevith
I want withndraw my P F amount , but i dnt have my pan card amount is around 27000 kindly help me on this
drear sir,
I am working at multinational company from July 2014 to aug2016 and i am resign here so i want to withdraw whole pf amount of current company pf account. And i am join another organization in next month If i am provide only UAN No. to new organization so they create my new pf account with refrance of UAN no. so can i withdraw whole pf amount from current pf account.
1. My current company HR Manager says it is possible. Is this possible??????
2. witch form i want to fill up.
3. AADHAR card updation important.
Dear Hiren,
1 – No. You have to transfer old PF a/c monies to the new a.c.
But i dont want to transfer it.so what i do for withdrawl whole pf.
Dear sir,
My current comp. Hr manager says you have to fiill up form 10c & form 19 for pf withdrawl.
Dear Sir,
I am leaving my current job where my employer was deducting PF, however the new company where i will be joining dont have a PF system.
Can i withdraw my PF after 60days in such a case?
Pls advise
Yes dear Palanimurugan .
Hi Sreekanth,
I had resigned from my previous company on Jan 2016. I had worked for nearly 4 years and 11 months with my previous company. Now if I am withdrawing my PF, whether it will be subjected to IT? Do I need to provide Form 15 also with my other documents for the withdrawal?
Dear SANOJ..Yes, your PF withdrawal will be subject to taxes.
Read: EPF withdrawals & new tds rules.
An employee can join the EPF after the age of 58 years.
Dear Balamurugan..I am not sure about this.
Hi Sreekanth,
I was working with my previous 2 employer for more than 5 years and no withdrawn was done. So now when I moved to 3rd organization, I have few queries.
1) Can I withdraw my complete amount, although I don’t fulfill the rule of 60 days of unemployment.
2) If I don’t withdraw and go for the transfer of the complete amount to my current employer, then later on after 3 months, if I want to take a loan on behalf of my PF amount, how much I can take as a loan for purchasing a new flat?
3) Is there any interest I need to pay for the loan I take on my PF amount??
4) Do I need to repay the amount back to the govt, what I am taking as a loan?
5) How much time it takes to process for the loan?
Dear Rohit,
1 – No.
2 – Kindly read: Advances or partial PF withdrawals – rules & guidelines.
3 – No.
4 – If not utilized.
5 – May be around 30 days.
dear sir,
i want to withdraw my pf amount from my last organisation. i had served for 3 years in my last organisation and relived on jan 2016. after that i had joined the another organisation and serve only 3 months i.e july 2016. I want to withdraw my pf from last organisation. so kindly confirm me can i withdraw my full pf??
2- unemployment for two months is mandate in this case?
3-what proof has to be submitted for the unemployment??
Dear nancy,
If you remain unemployed for next 60days, you can withdraw full balance from both the EPF ac/s.
EPFO will come to know about the unemployment, if you stop contributing to EPF scheme.
HELLO SHREEKANTH SIR,
LOT OF THANKS FOR CREATING THIS WEBSITE AND HELPING PEOPLE
MY QUESTION IS
I HAVE BE WORKING FROM JAN 2010 – TILL DATE . I HAVE ALSO INVESTED IN VPF.
NOW I WANT TO BUY A HOME.
IS THERE ANY OPTION TO WITHDRAW ALL THIS AMOUNT WITHOUT RESIGNING THE JOB.
IF YES KINDLY TELL ME THE PROCEDURE.
Dear DAYANANDA,
Kindly read this article : EPF partial withdrawal rules & guidelines.
SIR,
I HAVE FILLED FORM AND GIVEN TO COMPANY FOR SEAL AND SIGNATURE.
WILL THE COMPANY SEND THIS DOCUMENT OR I SHOULD SEND.
CURRENTLY WORKING IN SURAT,GUJARAT BUT PF OFFICE IS IN THANE/MUMBAI.
Dear DAYANANDA..Your employer also can send the documents.
I resigned my job 24-jun-16,now I am unemployment. While withdrawal of if it’s applicable newrules or old one
Dear Arunajyotbi …These proposed new rules have been cancelled.
Hello srikanth sir ,
I have worked in an organization for 4 and half years and resigned on 29 th April.I am currently unemployed.I have submitted my pf withdrawal (form19,form 15g,h)on 12 july 2016 and got a message from EPFO that my claim is being processed on,27 July 2016..I have a doubt that will I get the whole amount or will these new rules will be applied for my claim request as well?,since I will get the amount after the deadline of 1 august 2016..pls help in this query..Thanks in advance..
Dear Sid ..These proposed new withdrawal rules have been scrapped. You will get the entire EPF balance.
Hi Sri sir,
Thanks a lot for the information.By the way you are doing an awesome work by envisioning us with the financial world.Thanks a ton for your help.
Regards,
Sid
I left my previous organization on July 22, 2016 where i was working for more than 5 years and joined another organization immediately on 25 July, 2016. I want to withdraw the Pf amount now. I have few questions here;
1) Can i withdraw complete amount now??
2) If i submit the withdrawal form now when approximately will i be getting the amount?
3) I read in few blogs that only after 2 month of unemployment i can submit the withdrawal form? Is it true?
4) In my case i resigned the old job and immediately joined with other company, so am i eligible to withdraw the PF amount now?
Please help.
Thanks,
Muthu.
Dear Muthukumar,
1 – If you are again contributing to EPF scheme in new org, you have to TRANSFER old EPF a/c monies to the new one.
3 – Yes.
4 – No.
I have worked in a private firm for 15 months and left the job in march 2016. In june 2016 I got job in Coal India Limited, as CIL has CMPF scheme, I no longer need an EPF account. Can I withdraw full amount (employee+employer+interest+pension share) from my epf account
Yes dear Sharad .
will form 19 and 10c enough or I need to fill any other form?
Dear Sharad ..Form 15G if required. Enclose pan card copy & cancelled cheque leaf.
Read:
EPF withdrawals & new TDS rules.
How to fill Form 15G.?
I hv applied for efp by required procedure on 12.08.2016, now my epf passbook has new entry on 19.08.2016 that ‘claim settled’. what does it mean?
Dear Sharad ..EPFO has processed your claim and paid the amount.
Hello Sir,
I am working with one organisation since last 6 years and planning to withdraw complete PF for housing purpose at my village. Is it possible withdraw this post 1st August 2016. If so do we have to provide any proof to government for this.
Hi Mr. Sreekanth, I was working in a private sector for two and half years, i left the job on 31st Dec 2012 (3 and half years ago). after tht i started continuing my studies (Ph.D) and Iam not planning for any job befor finishing my PhD. Now i wanted to withdraw that PF amount due to financial probs. is it possible to withdraw the complete amount.?
Dear sunil..Yes you can withdraw your PF amount in full.
Your EPF a/c would have become an INOPERATIVE one.
Kindly submit your withdrawal request through – INOPERATIVE EPF A/C HELP-DESK..
Dear Babasaheb ..Kindly note that the above proposed withdrawal rules have been scrapped.
Read: EPF partial withdrawal rules ..
Hi Sir,
I am currently working with a company and planning to leave in next month or so. i have the PF and VPF both getting detected from my salary. I will be starting my own business later on . is it possible to get the complete amount withdrawn from the PF and how can the VPF be withdrawn and when can i apply for the PF amount
Dear Ashish..Yes you can withdraw complete PF balance amount (subject to taxes, if any).
Read: EPF withdrawals & new TDS rules.
Sir,
My father had been working in a private company(salaried employee(tds under section 192)) for 45 months(3 3/4 years up till march 31,2015) and had to leave due to a combination of retirement policy (age 65) and retrenchment.He was unemployed for more than 60 days after which he took up a job as a consultant(tds under section 194J). The accumulated balance in his rpf account was transferred to his account in September 2015, is it taxable?
Dear Diya ..No it is not taxable.
Thanks for the prompt reply , can you please elaborate the reason as to why its not taxable.thanks.
Hi Srikanth
I am working in a private limited company for the past 12 years. I planned to construct a house in my plot. I wanted to apply for PF. As i understand from this article, i can withdraw the entire amount (Employee contribution + Employer contribution+Interest accumulated). Is it right or is there any change in the new rule ?
How long it will take to get the same credited in my account.
Dear Dinesh,
These proposed new rules have been scrapped.
Kindly read: EPF partial withdrawal rules & guidelines..
I’m going to apply for PF in the month of August 2016, is it possible to get the PF amount within a month
Dear Shakeel ..Mostly YES.
My date of birth is 30th September 1957, I am returning from the service 29th September. My continues service is 30 years. I wish to know when my company will fill up my total withdrawn form for PF
Dear Jitesh Ji,
As you have already crossed 55 years, you can withdraw your entire PF balance anytime now.
The retirement age is considered as 55 years.
I meen when my employer will fill up my form. Before 29th September Or after retirement
Dear Jitesh..What i meant was if you would like to withdraw PF, you can do it right now also.
Sir,
I wish to know that final withdraform (at the time of retirement ) to be filled up after one month. of retirement. Or when.
Dear Jitesh Ji..that, you may kindly check with your employer.
I am employeed in a private limited organisation since 12 years. I want to withdraw full amount of P.F. Towards my daughter’s marriage in first week of December. Can I get full amount accumulated? Will it be taxable ? When can I apply?
Dear Himanshu ..Kindly read: EPF partial withdrawal rules..
Dear Srikanth Reddy Sir
I am currently employed with a co for 13yrs 10 mths. I was previously employed for 4 yrs with another Co from where the PF was transferred.
I plan to quit the job this month and set up my own business. Can I get my entire PF contributions ( Employers and Employees) without any tax?
Dear Anirudh ..Yes you can get ..
Dear Shrikanth Sir,
I had worked with previous for 3.5 years and joined my present company within a month. Now I wish to withdraw my PF for some personal work. So is it possible for me to withdraw of PF????
No dear Raghav . You have to transfer the old EPF a/c money to your new EPF a/c.
Read: Partial EPF withdrawal rules.
Dear Sir
I have left the job in Dec 2015 as the co, in which I was working closed down his business and after having been served three years and three months.
Now i want to withdraw my PF Amount and my previous employer as heard not have contributed his share for the last two or three months.
please suggest how to withdraw the full amount.
Dear shekhar ..
If you are currently not employed, you can submit new Withdrawal forms and can get full PF balance.
Hi Sir, Thank you for your replies to all queries.
I am Venkat and I was working for 3.2 years with XYZ company and I resigned, in that company they were maintaining the EPF account with the name XYZ EPF trust which is located in Delhi.
Please advise can I send the PF withdrawal forms to the same branch in Delhi or also can I submit the withdraw forms at the nearest EPFO offices in HYD to withdraw the amount. Is there any separate rules/procedures for Trust accounts.
Please confirm.
Thank you in advance.!
Dear Venkat ..I believe that you have to send to the Regional office where you EPF a/c is being maintained, as the accounts are still administered in decentralized way. No separate rules as such.
Dear Srikanth,
I left job and joined new company now this month july 7th after 9 years 11 moths, now i want with draw with the reason to buy a flat. so can i withdraw full amount. also i have verified. i have given my uan number and PF number details here in new company.
i came to know if we purchase flat/plot we can withdraw . but KYC document should be registered . my bank account and PAN registered as KYC document but Aadhar not updated. so aadhar card also should be registered for PF withdrawal?
please let me know
Thanks in Advance
Thanks,
Sreeni
Dear sreeni,
Kindly read below articles;
Partial EPF withdrawal rules.
New EPF withdrawal forms.
Thank you Sreekanth
Hi Sreekanth,
My PF account is almost three years old and want to withdraw the amount. If you can clarify few queries please.
1. If the PF amount is less than 2.5L, should I declare only the PF amount or I should include the salary income for the current year in form 15G? Is it like, if I declare the total PF and salary income, then the tax will be applicable as per normal slab as per IT act. in next AY 2017-18?
2. Will the TDS 10% will be on total PF amount, if I don’t submit 15G with PAN card?
3. Is there any time limit set to withdraw the PF? Some say, the forms have to be submitted before 01/08/2016. Id there any such constraints?
Appreciate a quick response.
Regards
Partha Sarathi Samantaray
Dear Partha Sarathi,
1 – Are you currently employed and contributing to EPF scheme?
2 – Read: TDS on EPF withdrawals..
3 – Kindly note that new rules have been scrapped.
I have completed five years in foreign bank want to withdraw EPF for paying loan.
Dear Ritu ..Kindly read: EPF partial withdrawal rules..
Sir….I have completed my 5 yrs in co operative Bank. I have home loan of 20lakh now I want to repay it from my pf account is it possible? I heard pf amt can’t withdrawn before 7 yrs.
Dear Anil..Kindly read: EPF partial withdrawals rules & guidelines.
THANK U SIR
Hi Sreekanth,
I was working in a private company in banglore for 1 year & I have moved to Dubai.
Hence i heard some changes in PF terms & conditions which is changing everyday.
I am in a confusion whether I will get my PF, If I apply it or my PF amount will be credited only after my retirement age?
As of now I dont have any plans working in India.
Friend in India tell me I cant apply some rules have changed & I really dont understand what is the exact rule which is currently going on.
Sorry for bothering.
Dear Anumol,
The proposed new rules have been cancelled. You can withdraw full PF amount.
DEAR SIR,
LAST WEEK,I WAS TRYING FOR WITHDRAW ALL MY PF AMOUNT AND I GOT IF BUT I DID’NT UNDERSTAND ABOUT CALCULATION PROCESS.SUPPOSE IF MY CONTRIBUTION IN PF IS 18000 and company also add 18000 and then interest rate amount also add.but they sent me only 32000 as per our suppose figure.so plz telln me in detail how can i knmow about calculation.
with best regards,
kamalpreet singh
Dear Kamalpreet,
Employer’s contributions has both for EPF & EPS.
Read: EPF components & interest calculation procedure.
Hello Sir,
I have around 4 years of IT experience. I am resigning from my job as I am getting married and have to shift abroad with my husband.(As of now do not have next job)
Can I withdraw all my PF balance and if not then how much can I withdraw from my balance.
Thanks,
Shivi
Dear Shivi,
Yes, you can withdraw full PF balance.
Thanks for your reply Sir.
I would like to ask some more questions.
1.I would like to join next job whenever i get an opportunity(Not in India).Will this effect my PF withdrawal process?
2.How much % tax deduction would happen on PF balance?
Dear Shivi,
1- No.
2 – Read: EPF withdrawals & TDS rules.
I have been with my previous company for 1 year and joined in new company where i am not contributing any PF.
suggest me how to go ahead.
Dear srinivas ..
Read:
New EPF withdrawal forms..
EPF withdrawals & new TDS rules.
i was working for A company for 3 years n 7 months , & i join another company where i have open new salary account so i want to now that can i create a new pf account so that i can withdraw previous pf.
Can u please suggest i would be able to withdraw previous pf or not
Dear khushbu,
If you have joined new company, kindly transfer old EPF a/c money to the new EPF a/c.
Sir/Madam,
I am 53 years old working in autonomous body, where we follow the epf scheme
Sir, I have availed 90 per cent from my epf account for purchase of house. There is very little amount left in my epf account. I have requested the Accounts Section of my office to deduct 50 % of vpf other than 12%, but they have refused to do so and told me that there is rule that an individual is eligible to contribute only 35% of vpf not more than that. Only 7 years of my job is left and I want to contribute some good amount in my pf so that I can spend happy retirement life.
Please guide me whether I am eligible for more than 35% deduction in my epf account.
Thanking you,
Yours faithfully,
Rajesh Chatwal
Institute of Economic Growth
Dear Rajesh Ji,
I believe that there is no limit for VPF, employee can contribute 100% from BASIC and DA. You may request your employer to check with the EPFO.
Hi Srikanth Sir,
I was worked for one of the company called ” A “for 4 years then I left and joined in another company called “B”.
After joining in the “B” company, I have transferred my PF from company “A” to company ” B” and it got transferred successfully.
I was working for 2 years in the Company “B” and left the company 3 months back and now am not working anywhere.
Now am Planning to withdraw my PF , hence I have contacted my immediate ex -employer (Company “B”) , they are asking me to send the FORM-19 ,FORM-10C and Form-15 G.
Can you please advise me is FORM-15G is required for PF withdrawal?? if Yes , could you please explain me why it is required if possible.
FYI:
Working experience :
Company “A” — 4 years ( PF which was already transferred to Company “B” PF account)
Company ” B” — 2 years.
when I asked the same query to my prev employer , they are telling I need to fill the Form-15G , since I was worked only 2 years in that company ( Company ” B” ) , but I have 6 years continuous PF contribution i.e. 4 yrs from company “A” +2 years from company “B”)
Kindly advise me on this sir , as I am not getting proper information anywhere reg Form-15G .
Thanks,
Ravi.
Hi Sreekanth Sir,
Could you please suggest me on my quires .
Thank you sir.
Regards.
Dear Ravi,
I agree with your viewpoint. Your total contribution period is > 5 years.
I have been observing that employers/EPFO have been asking the employees to enclose Form-15G/H irrespective of whether it is required or not.So, suggest you to submit it.
Read:
EPF withdrawals & new TDS rules.
New EPF withdrawal forms.
How to fill Form 15g?
Srikant Reddy Sir
Please help me in this PF Transfer Claim matter.
I have done Online Transfer and my Form 13 has got “accepted” by both my 1st Employer and 2nd Employer. But the “Merger” of my PF Balances does not appear in my PF ONLINE PASS BOOK on Download….it is now more than a week…I wonder whether I can apply for PF Transfer Claim from my 3rd Employer? Will this “Merger of PF Accumulations” in cumulation actually take place ONLINE? How to get to know the Status? (Oh! The System Generated Status of Transfer Claim- is a dead waste!)
Dear shreekanth
I have Resigned from my service on 25/02/2016. I want to widral my pf from both side how it’s possible &if possible pls give me pf widral details.
Dear dipak,
If you are unemployed or not contributing to EPF now, you can withdraw full PF balance.
Read:
New EPF withdrawal forms.
EPF withdrawals & new TDS rules.
Sir
How mach time of withdraw?
Hi Sreekanth,
First of all, like to appreciate your guidance to many queries online. Good service.
My query is that I worked with an organisation for 4 years and resigned due to overseas relocation. The company closed my PF a/c and paid me all the PF accumulation money after 10% TDS.
My question is, under which section should I declare these details on my tax return? When I was filling the tax return online, under TDS section it shows tax paid for income by salary which is fine. But, under a separate TAN the PF money is shown as salary and 10% TDS is shown as tax paid. I guess, PF money can’t be under salary but like to know where I can show that this is PF closure money so that it doesn’t get taxed again. Your clarification will help me to complete my tax return.
Dear Gowtham,
You can declare it under TDS-2 section.
Hi Sreekanth,
Thanks for the reply. But ITR1 has captured PF TDS under TDS1 section. Does it mean that I should include it under salary income which will tax me at usual 30% slab? Meaning, I will have to pay the difference tax money? If so, I am blown…
Dear Gowtham,
PF amount withdrawn before 5 years is taxable at the applicable income tax slab rate.
Hi Sreekanth,
Is it possible to view the PE balance online with UAN details. I have my ID and password but when I logged in to the portal to view the balance it is asking me to give the PF account maintenance account details, even I given the correct details it is showing as no records found.
Please advise how the path and how to view the balance amount online.
Thank you
Dear Ramana,
Kindly contact your employer. There can be some discrepancies with your EPF a/c details.
Thank you Sreekanth.
And my PF account is : DL/CPM/0020846/00E/0120*** Delhi North.
Is these are valid details to check can you please confirm.
Thank you.!
Hi Sir
Me and My wife have were both employed in an MNC in bangalore.We are relocating abroad and hence we have both resigned from our jobs.My wife was in her firm for last 6 years and I was for last 3 years.My last working day was 19th May 2016 and for my wife it will be 19th july 2016.Will we be able to withdraw the whole benefits(employee +employer contribution).If not what should be the best option for us .
1) Can we withdraw our own contribution ?
2)If we do not withdraw can we see our pf account online.Can we keep contributing to it online and see balance etc?
3)Can we withdraw our contribution and keep the employer contribution in inoperative account?How will I withdraw it on attaining retirement age?
Dear vijay,
Yes, you can withdraw full PF balances.
Thank you sir.But will we be able to withdraw full balance even if the withdrawal form is submitted after 1st august ?
Yes dear Vijay.
New rules have been scrapped 🙂
Thank you sir ..YOu are great help.
hi, I am working in MNC from last 3.5 year ,,,,,and I want to withdraw my pf amount for my marriage , so is this possible to withdraw?
Dear jay ..Kindly read: EPF partial withdrawal rules..
Hello Shreekanth,
I worked in a company for 9 years. I got an new job in another company. To get my existing EPF account transferred, what is the process. I have been reading the blog’s on the site and understood that if the EPF account is linked to UAN then there is an issue. But can you explain what is an UAN and how can i know if my account is linked o UAN.
Regards
Deepak
Dear Deepak,
Suggest you to kindly go through below articles, if you still need more details, do revert to me;
What is UAN?
EPF online transfer – OTCP portal.
dear Sir, I am manish kaluram jadhav .from bhiwandi, dist-thane.. sir, I was working in gala precion engineering company at musarane fata,kudus,tel-wada,dist-palghar.sir i am continue working last 3 year… I can withdraw my pf in medical emergency problem… because my father operation in argently condition in private hospital & it’s very costly that’s way I withdraw my pf in emergency…. sir please you can help me in this condition or suggution please. thanks & regards manish Jadhav. (worker from gala eng. company. musarane, tel-wada,dist-palghar)