My question just about EPF withdrawal at Gurgaon is there the joint account acceptable for withdrawal or not please confirm me current position
From India, New Delhi
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36From India, New Delhi
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EPF Withdrawal and Bank Account Requirements
PF amount is transferred to an individual bank account. However, a joint account with a spouse can be accepted by PF authorities depending on whether they consider it or insist on an individual account. It is advisable to get the PF settlement in an individual bank account.
Regards,
Rajendra Bhavsar
From India, Mumbai
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PF amount is transferred to an individual bank account. However, a joint account with a spouse can be accepted by PF authorities depending on whether they consider it or insist on an individual account. It is advisable to get the PF settlement in an individual bank account.
Regards,
Rajendra Bhavsar
From India, Mumbai
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Hello Ashok, It is advisable to use individual account only... Hope it helps!
From India, Delhi
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From India, Delhi
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Agreed with Rajendra , circular in the matter is enclosing for the reference. Thanks & Regards, From, Sumit
From India, Ghaziabad
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From India, Ghaziabad
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Joint Bank Account acceptable in PF (1).pdf