EPFO: Are you planning to build PF money for building a house, marriage or emergency? PF money can be withdrawn online. For this, you have to apply by visiting EPFO’s website. EPF means Employees Provident Fund is a government scheme in which both employees and employers contribute every month. The scheme determines saving for retirement of the employee. The EPF runs the scheme EPFO. The entire money deposited in the EPF is available with interest at the time of retirement. However, if needed, employees can also withdraw this money partially or completely. If you want to remove PF online, follow these easy steps.
What to do to remove PF?
Your UAN (Universal Account Number) is active and Aadhaar, PAN (if you are withdrawing more than Rs 50,000 before 5 years) and link to the bank account.
Your KYC (Know Your Customer) EPFO should be verified on the portal.
Online PF extract steps
Step 1: EPFO member go to the portal website.
Step 2: Log in from your UAN and password. Fill the captcha and click on Sign in.
Step 3: Go to Manage> KYC and check whether your Aadhaar, PAN and bank details are verified or not.
Step 4: Go to Online Services tab and click Claim (Form-31, 19, 10C & 10D).
Step 5: Verify bank details. Your account number will be seen, pour it again and click on Verify.
Step 6: Choose Claim Type
Form 19: To remove the entire PF.
Form 10C: To remove pension.
Form 31: To remove advance (eg medical, marriage, studies etc. reasons).
Step 7: Fill the information sought and upload the necessary documents (such as medical bills etc.).
Step 8: Click on submit. You will get an ACKNOWLEDGEMENT, which save for the future.
how long will it take?
After taking out the PF, the money usually comes into your bank account inside 5 to 20 working days.
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