Employees can withdraw money online from PF in emergency, learn process

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PF

New Delhi: According to the rules of employees employed in companies, some part of the salary is deducted which is deposited in the Provident Fund. At the same time, the company would have to submit its second violence. The PF (Provident Fund) is there to meet the needs of the employees after retirement. EPFO account holders have been allowed to withdraw a fixed amount from the PF account if the employees are short of money or want to withdraw the money in emergency. So let’s know how to apply online for withdrawing money online.

Apply for online PF withdrawal
Visit the EPFO ​​website https://unifiedportal-mem.epfindia.gov.in/memberinterface/. Log in by entering your UAN number, password and captcha.
Click on Manage. Check all the information on the KYC option.
Click on Online Services. A drop menu will open. Click on Claim from it. A new page will open in front of you, it will contain information about your name, date of birth, and the last four digits of Aadhaar. There will also be information about your bank account on this page. Enter the last four digits of your bank account number here and click on verify.
After the four-digit verification of the bank account, click on Proceed For Online Claim to submit your claim form.
After this, select PF advance (Form 31) from the drop-down menu. Select Outbreak of pandemic (COVID-19) to explain the corona epidemic as the reason for removing PF from the next drop-down menu. After that write the amount of money you want to withdraw and also upload the scan copy of your check. Write your address here as well.
An OTP will come from your Aadhaar link mobile, write it on the next page. Your claim form will be submitted along with the OTP verification

This is how advances from PF came out
Go to ‘I Want To Apply For’.
Select full EPF Settlement, EPF Part withdrawal (loan/advance), or pension withdrawal option here.
EPFO will give PF transfer information through SMS
PF money will be transferred to the registered bank account on EPFO ​​in about 5 to 10 days after filling the form. Information about this will also be available on your registered mobile number via SMS.

Know rules before taking PF
You can apply to withdraw money online only if your EPF account is linked to Aadhaar.
Account holder UAN number must be activated
Aadhaar number must be verified and linked to UAN
The correct bank account number and IFSC code should be linked with the UAN. In a tweet, the EPFO ​​had asked all account holders to write correct bank details.

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