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Dear Sir/Madam
I have one query that can my employer withhold or
adjust my provident fund claim with my personal loan as i was working with icici bank that have his own trust.After 50 days of submitting my claim documents they are saying that i have personal loan outstanding and their loan team will talk with me shortly.
please help and guide me what to do as i have serious financial issues in my family ongoing.
Sunil Gupta

Dear Sir, yes it has pvt trust but as per govt rule they can,t adjust any outstanding with my pf.Does they have the powers to do so please reply Thank Sunil Gupta
Download the PF rules of the bank.....and check if you signed any agreement with bank to have any right of lien and set off....
While the nationalized banks and others that follow Sastry Award may toe different line it is felt that M/s ICICI Bank may not be following it...... You may find above thread useful
Another employee of your bank has initiated similar query at following thread that you may find useful:
Dear Sir,Thank you for the reply i have not signed any agreement of lien and above all in the pf withdrawal form i have clearly mentioned and written that my pf amount will be transferred through NEFT to my Bank of Baroda's a/c and sent them a cancelled cheque of the same bank so there is no possibility of lien.I got a mail from them last saturday that my pf is in hold due to my loan and there loan team will contact me soon.Sir,how can they lien my a/c if i have mentioned another bank in withdrawal form and how they can hold pf against loan.
please suggest what to do.
Sunil Gupta

Download OF Rules of the bank and show these to your lawyer,along with loan application,loan approval,loan agreement.....
In the above mentioned thread another thread is referred......and legal position is discussed..
You need to clarify if the PF Trust is,approved by EPFO and is governed by PFMPA Act. ?

Happy New Year.Thank you for your valuable time and suggestions.Icici bank may be approved by EPFO as there establishment codebosMH/18796.I didn't get the information that it is governed by PFMPA act or not.Sir gone through the threads suggested by you we both of many similarities but in my case the bank has not transferred the claim amount till now as i have mentipned another bank's a/c in the withdrawal form for NEFT transfer they reverted me through e-mail that my pf is on hold regarding my personal loan and there loan team will contact me soon .Sir,do i mail them and ask them to release my fund as they can't withhold the pf as per govt.rules or do i go ahead with legal proceedings against them.
Please suggest Sir what to do.

Dear Sir, Please reply&suggest me what to do as i am not getting any way out or please suggest me any lawyer from my city Kolkata who deals in these cases. Thanks&Regards Sunil Gupta
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