Hello, Can we transfer PF amount (Company) to PPF account(Personal) Regards Krishna
From India, Mumbai
Acknowledge(0)
Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
You have not mentioned the reason for such transfer. If the reason is mentioned, a proper reply could be given. As far as the rule position is concerned, Para 57 of the EPF Scheme deals with the transfer of EPF amounts. It does not provide for the transfer of EPF amounts to a PPF account.
From India, Madras
Acknowledge(0)Amend(0)
118From India, Madras
Acknowledge(0)Amend(0)
Hello,
I want to do investment and am applying to the PF department for the withdrawal of PF and transfer. It will take a long time, or I don't know when we will get the money. So, can you please suggest?
Regards,
Krishna
From India, Mumbai
Acknowledge(0)Amend(0)
I want to do investment and am applying to the PF department for the withdrawal of PF and transfer. It will take a long time, or I don't know when we will get the money. So, can you please suggest?
Regards,
Krishna
From India, Mumbai
Acknowledge(0)Amend(0)
From your mail, it appears that you are working in the same establishment now from where you want to 'transfer' your EPF assets to PPF. If that be so, it is not possible under the rules. Transfer is possible only when you leave one establishment and join another. Secondly, withdrawal from EPF is allowed under certain specific circumstances only. As the name itself indicates, the fund is meant to stand you in good stead in times of providence. It cannot be allowed for making investments. You can withdraw for meeting expenses connected with medical treatment, building a house, etc., not for investing. That is not catered for in the rules.
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
PF Online Transfer.pdf
Steps to transfer PF amount.jpg