How to withdraw PF online?

Let’s delve into the process of EPF withdrawal in detail.

Jan 21, 2020 10:01 IST India Infoline News Service

Employee Provident Fund
The Employee Provident Fund (EPF) Scheme is one of the most important investment instruments for salaried class people. The slice of your income that gets deducted towards provident fund goes to the EPF.  A matching amount is contributed by the employer, too.  These incremental installments help build a retirement corpus. Earlier it was a very complicated task to withdraw your fund from this PF account. But, in the recent past, EPFO has been working towards easing the PF withdrawal rules. Let’s delve into the process of EPF withdrawal.
 
What are the various conditions under which you can withdraw the PF?
One can easily withdraw the PF under the following conditions:
  1. Retirement
  2. You are unemployed for 60 days
EPFO allows partial withdrawal of PF amount under the following conditions:
  1. Marriage
  2. Buying a new house
  3. New house construction
  4. Education
  5. Purchase of land
  6. Home renovation
  7. Repayment of home loans
  8. 12 months before retirement
 
If an employee is willing to withdraw partial PF, then he/she needs to complete a certain number of years of service with the current employer. Apart from the service year, it is important to note that there is a limited amount which an employee can withdraw. This can be illustrated in the following manner.

Reason for Withdrawal of PF

Maximum limit

Eligibility

Education

Upto 50% of employee’s contribution to the EPF

7 years

Marriage

Upto 50% of employee’s contribution to the EPF

7 years

Purchase of land or property (this is further subdivided into buying land and buying a house, in both these cases the amount for withdrawal varies)

If you are buying land then up to 24 times of monthly wages +dearness allowance

5 years

If you are buying a house- then up to 36 times of the monthly wages +dearness allowance

Repayment of Home Loan

Maximum of 90% from employer and employee’s contribution to the EPF.

10 years

House Renovation

12 times of the monthly wages

5 years

Just before retirement

Up to 90% of the accrued balance along with the interest rate

Once the employee reaches 57 years of age


Essentials for EPF withdrawal
Before you go ahead and apply for PF withdrawal, you need to know your UAN (Universal Account Number). You can get your UAN from your salary slip. Next, if you’re doing this for the first time, you need to visit the eSewa Portal and activate your UAN.

In order to activate your UAN, your mobile number should also be linked with the UAN as you will get an OTP for authentication. Your Aadhaar number should also be linked to the PF account. If not, then you will need to click on the ‘Manage’ tab followed by KYC after logging in.

Also, before you can withdraw your provident fund, you will also need to add details such as your bank name, account number and IFSC code. This will ensure that the PF withdrawal amount will directly get credited in your bank account.
 
Procedure to withdraw EPF:

The process of PF withdrawal begins with a form of submission; this can be done:

1.    Submitting the form online
2.    Submitting the physical form in the EPF office.
 
Process for online submission-
Step 1-Visit EPF India’s Member e-Sewa portal, and login using your UAN number and password.
Step 2- Click on the ‘Online Services’ tab and click on Claim.
Step 3-You will also see ‘I Want to Apply For,’ section, here you need to choose what type of withdrawal claim you want to file. You will see the following options:
  1. Full withdrawal
  2. Partial withdrawal
  3. Pension withdrawal
The different types of forms available for PF withdrawal in this section are as follows-
  1. Form-19 – Complete PF withdrawal
  2. Form-31 – Partial withdrawal
  3. Form-10C – Pension withdrawal benefit & scheme certificate
  4. Form-10D – Claim for monthly pension
 
Step 4: The drop-down box with the types of withdrawal will only be displayed if the subscriber is eligible to avail it. In case you are not eligible for any criteria, the option will not show up in the drop-down list. Select the claim relevant to you.
Step 5: After selecting the relevant claim, you will see a detailed form. Simply fill in your details, and then authenticate using Aadhaar OTP to complete the PF withdrawal claim submission. You will also get the claim form copy in PDF format. Just save it.
Step 6: The claim will be forwarded to the employer for approval. Once the employer approves the claim, the amount will get credited to your account within ten days of approval of application form.
 
Process for offline submission:
  1. Aadhaar based: The employee needs to submit the composite claim form (Aadhaar) at the regional EPFO office. This does not need attestation by the employer.
  2. Non-Aadhaar based: The employee needs to submit the composite claim form (non- Aadhaar) at the regional EPFO office, along with employer attestation.
 
Is it possible to withdraw your PF without the approval of the employer?
There is a provision wherein you can withdraw your PF amount without employer approval. You can do by using EPFO’s member portal and the UAN. These ways have not only simplified the task of withdrawing PF but at the same time, you can also get the entire process done in lesser time. There are two steps to make a PF withdrawal without your employer’s signature: The first is with an Aadhaar card and the second is without an Aadhaar card-
 
With Aadhar card:
  1. If you link your Aadhaar card with your EPF account, then there is no need for employer’s signature. However, it is necessary that the details embedded in the EPFO’s member portal, Aadhaar card and salary bank account should have been verified by your employer. Make sure that you activate your UAN account. Then, you need to download Form 19, Form 31 and Form 10C.
  2. On these forms enter your name (as stated on your UAN, Aadhaar card and bank account), registered mobile number, address, PAN card number, date of joining and reason for leaving.
  3. Form 19 UAN is for making PF withdrawals.
  4. Form 10C UAN is for making withdrawals from your pension benefits.
  5. Attach a cancelled cheque for the EPFO to verify your bank account number. Next, submit the form and the cancelled cheque to the nearest EPF office.
  6. Note that your bank account number and the bank account number stated in UAN database should match. Also, your details mentioned in the form should match that on the UAN database. Any discrepancies with regard to the details could result in a disapproval to make a withdrawal from the EPFO.
Without Aadhar Card:
  1. Download Form 19, Form 31 and Form 10C from the EPFO’s member portal.
  2. Fill all the details and get it attested by the Gazetted officer.
  3. Ensure that all the pages of the form are stamped and have verified bank details.
  4. To avoid fraud, you need to state the reason for direct application for withdrawal. Otherwise, it might be considered as a case of fraud. You can mention ‘Non-cooperation’ from ex-employer is a good choice here.
  5. Attach an indemnity bond with a Rs 100 stamp paper.
  6. Also attach copies of appointment letter, Form 19, payslips and employee ID card.
  7. In the end, you need to attach a copy of your KYC documents before finally submitting the form at the EPF office.

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