The PF is one such amount that a person accumulates through his entire career. This amount is particularly helpful for his many ventures such as building a house, education of his kids or maybe marriage or anything else. So in case you are shifting jobs, then there is no need for you to worry about getting your PF transferred. It is a very easy and a convenient process and extremely user-friendly as well.
In older days, people used to spend a lot of time in the PF office and in their respective companies to get the PF transferred or withdrawn but now in case you are switching your job you do not really need to worry of the transfer. It can now happen as soon as you are switching your job.
Before we know the process of transfer, let us first understand the various rules:
Rules of Transfer
- One can now transfer the balance of EPF from one account to another.
- There is no such time limitation to transfer the balance
- You can only make the transfer to your bank account and not to any other account other than yours.
- In case the EPF transfer is initiated, the pension amount also gets transferred from the Employee Pension scheme.
- You can transfer full amount from one account to another and partial transfer is not allowed.
- The verification process is absolutely mandatory and necessary for the transfer.
- In case the transfer is initiated, it is to be made sure that the details in both the accounts is same. Such as – name, father’s name, date of birth.
Methods to transfer the PF balance
As per EPFO, one can now transfer the PF from one account to another through a number of methods. There are primarily two kinds of ways:
- Online transfer
- Offline Transfer
Let us explore both the methods
Online transfer methods
This method is particularly suitable if you are quite tech savvy. You do not need to visit your employer or the EPF office for the same. The transfer is done electronically and the verification from the employer is also done online. This is a time saving process.
Offline transfer methods
In this method, you are required to fill in the form 13, get them attested by your ex-employer and then submitting it to the EPO office. At times, it is the ex-employer who submits it to the EPFO. At times, the present employer can also help you with submission but then the EPFO gets the details vetted by the previous employer. After going back and forth with all these forms, EPFO transfers the money to the account holder’s bank account. But whatever the situation may be, this process take a lot of time because the forms are all circulated physically and therefore it makes this process of PF transfer very time consuming.
- In this method the Aadhaar card number and UAN are not needed.
- The members can apply for PF transfer even if the personal details do not match. All you need to do in this case is attach a personal detail correction form.
- The employer needs to attest this form.
Most of the people these days are tech savvy and thus are opting for the option which is more easy and convenient. Though in some cases, the online method doesn’t really is applicable so the members can use the offline medium. Before you choose the method of transfer, find out the essential requirements of each.
As a matter of fact, EPFO now wants all the members to have one individual EPF account. For the same, the concept of UAN was introduced. The EPF office has worked overtime to make this process come to life. To take the advantages of this facility, ensure that the members are able to fulfill the mentioned criteria:
- You have a UAN – Universal account number – issued by the EPFO
- You have linked your UAN with the Aadhaar card number
- You have the online verification from your employer.
- The data that exists in Aadhaar card, is similar to that of EPFO
- Your bank account number in PAN is similar to that of EPFO
- The personal details are all same in all of your EPF accounts.
The EPF balance can get transferred automatically if:
- The member has a UAN before joining a new company
- The member has shared their UAN with their new company at the time of joining.
- The personal details are a match while initiating transfer
This method is particularly helpful if you are transferring the PF from one account another.
Online Transfer Claim Portal
One of the easiest and convenient ways to transfer EPF is through Online Transfer Claim portal. You do not really need a UAN or an Aadhaar card number. You can easily make the use of OTCP portal and have your PF transferred through online medium. In this method, the member applies for fund transfer at the Online Transfer Claim Portal.
There is no document as such required for this but an authentication from either of your employer (Current or past) is required which again happens online. The member only needs to share the printout of their application with the concern company.
The pre-requisites to use this facility are.
- The details with both the employers are matching and are same.
- There shouldn’t be any inconsistence or glitch in their accounts.
- The employer and the employee must be on good terms with each other.
PF transfer form – Form 13
For the traditional process of transferring the PF, you need to get the form 13 and fill in all the details that are required to be filled in. You can get this form online, or with any of your present or past employer. After thorough verification and authentication, the employer can now forward it to the EPF office. And then the EPF office transfers the entire amount to your bank account.
EPFO Claim Status
Ways to check the status of PF Transfer
Though as per the process, the PF transfer takes anywhere between 25-30 days but if you want you can now track the status of your claim as well. In case you have applied through the online medium, you can track status on the website of EPFO.
- Go to the official webpage of EPFO http://www.epfindia.gov.in/site_en/KYCS.php
And find “Know your Claim Status” under “Our Services” and then “For Employee” and then “Services” and then“Know your Claim Status”. On this page, you would be able to find the current status of your PF Transfer request
- Alternatively, you can check the status at member portal also – http://epfoservices.in/homepage_claim_status_new.php
Wherein you would select the state of your PF office and the name of Office and Punch in the PF account number or the claim ID number.
- The other method is to log on the online transfer claim portal (OTCP) wherein you can easily check the transfer status of your PF.
- In case of physical application, you need to wait till the application reaches the regional PF Office. Once it reaches, you can easily track the status of your application.
- You can check your EPF status through the mobile app – m-epf or UMANG App. Download it from Google Playstore and you would be able to check your claim status as well your EPF Passbook.
- These days, you get SMS alerts and notifications of your application status so you need to check with your employer or the UAN or EPFO Helpdesk to provide you with the support to get regular updates on that.
- The best way is to do the entire processing through UAN.
- In case you are not satisfied with either of the solutions above, then you can register a complaint on the EPF Helpdesk
- In case if that is also not helpful enough, as a last resort you can always file a RTI – Right to Information – to get the status on your application of PF Transfer.
Process of Withdrawal of PF
EPF can be withdrawn through either of the two modes mentioned below:
- Submitting an application through offline medium for withdrawal
- Submitting an online application
Both of these are explained as under:
1. Submitting an offline application for withdrawal
For withdrawing the PF, you need to download, UAN form 19, UAN Form 10 C and Form 10 D and UAN form 31. These would be required to be submitted as the physical application for the withdrawal. It is very easy but a little time consuming process. For that the member needs to fill in the claim form. One can either download the claim forms or can get the same from the nearest PF office. To download the form, visit the official website of EPFO –
While on this link, click on Claim Form and the forms will open on the screen. These forms are to be filled and then submitted to the EPFO which your company is aligned to.
In case the Aadhaar card has been linked, the verification of the employer is not required before making the submission and in case the Aadhaar is not linked, the verification from the employer is required and then submitted to the EPFO of the respective jurisdiction.
2. Submitting an online application
The entire process is very convenient and takes little time. For the member to get the EPF Withdrawal through online mode, the following conditions are to be satisfied:
- The UAN and the mobile number both should be activated and active respectively.
- The UAN is KYC, PAN, Aadhaar and Bank account linked
In case the mentioned conditions are met, the verification from the past employer is not required for the withdrawal of PF money.
Process to request for online PF withdrawal
The online PF withdrawal is a very simple process. Mentioned below are the detailed steps:
- Visit the unified UAN portal or click the
https://unifiedportalmem.epfindia.gov.in/memberinterface/ and login using your credentials – Log in ID and Password and also fill in the Captcha Code
- Click on Manage and choose KYC. This is done to make sure whether the KYC information is accurate and verified. The KYC information entered must be re-verified once to ensure that it is entered correct. KYC includes the Aadhaar card, PAN Card and the bank details of the member.
- If the KYC is verified and authenticated, click the Online Services link and choose “Claim” from the menu. In case the KYC is not verified, contact the HR department of your organization immediately.
- Once the member clicks on Claim, the details of the member will be displayed. These details include KYC and other employment details. Further, click on “Proceed for Online Claim” and you will now submit your claim.
- The last step includes selecting the claim that the member requires for example, complete PF settlement, or Partial withdrawal or withdrawal of pension. All these options would be available under the label – “I Want to apply for”. In case the member is not eligible for PF or pension withdrawal or pension withdrawal, as per the criteria of his service tenure, there will no option be shown in the dropdown menu.
Rules of PF Withdrawal
12% of basic pay of an employee’s salary is contributed towards the PF every month by the employer and the employee. It gives a long term benefit to the people and usually people save it up for using it after retirement. But in case of emergencies or needs it can be withdrawn earlier as well if the conditions as put forward by the EPFO are met.
The members can make a full or partial withdrawal of their EPF. If they choose to make a full withdrawal, it can be entertained in the below mentioned conditions:
- The member has retired from his/her employment
- The member is not in any employment for a span of 60 days or more. And this gap of two months in the employment must be vetted by the officer of a gazetted rank in Indian Government. In case a person withdraws the money while being in employment, it is then considered illegal.
PF can be withdrawn partially under some certain conditions and circumstances. Upon fulfillment of these conditions the partial withdrawal can be initiated. These conditions include the reason for which the withdrawal is initiated, the limit of the withdrawal is also fixed as per the reasons and there is a criteria of the number of years of employment. The details on the same are mentioned as under:
- In Case of Wedding of self or siblings or children – In case the member has completed a minimum of 7 years in service, he/she can withdraw up to 50% of his contribution share of EPF.
- In case of Education of self or children after matriculation – In case the member has completed a minimum of 7 years in service, he/she can withdraw up to 50% of his contribution share of EPF.
3. In case of Purchase/construction of house or purchase of land
If the member has completed a minimum 5 years of in service, he/she can withdraw the money as per the following conditions
- In Case of purchase of land – He/she can withdraw up to24 times of monthly salary including the dearness allowance.
- In Case of purchase/construction of house – He/she can withdraw up to 36 times of monthly salary including Dearness allowance
- The condition on the same is that the asset must be in the employee’s name or his/her spouse name or both of them combined.
4. In case of repayment of home loan
If the member has completed a minimum 10 years of in service, he/she can withdraw up to 90% of the PF contributed from the employee and the employer in the PF. But the following conditions are there:
- The asset must be in the employee’s name or his/her spouse or both of them combined.
- The withdrawal is permitted in case the documents required for the House loan by the PF office are being provided.
- The accrued amount in the PF account of the member must be more than INR 20000. It could be inclusive of his/her spouse’s money as well.
5. In case of house repair and restoration
In case the member has completed a minimum of 5 years in service, he/she can withdraw up to 12 times of his/her monthly salary. The only condition being that the house/property must be in the name of the member or his/her spouse or both of them combined.
6. In case the member needs money some time before his/her retirement
Once the member completes 57 years, he/she can withdraw up to 90% of the amassed amount with interest. The age limit is as per the recent modification by the EPFO.
Forms for withdrawal and Transfer
You can now find the forms of withdrawal, transfer or partial withdrawal on the link below –
- For withdrawal of PF money – Form 19, Form 10 C and Form 10 D
- For transfer of PF money – Form 13,
- For partial withdrawal of PF Money – Form 31,