Santhosh Msw
Admin- Hr
Glidor
Hr Consultant
+1 Other

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hai Everyone, Can I know about the Withdrawal of EPF from EPFO. i have a doubt, now i'm having 3 Years of experience and have paid PF for Contribution for my Entire Service Period.
If I withdraw my Contribution what will i receive?
1. Employee Contribution = 12% + Employer Contr = 8.33%
2. Employee Contribution = 12% + Employer Contr = 8.33% + 3.61%
and some of our friends says that we will receive only 70% of the contribution.
Please help me in this regard

From India, Gungal
only a/c no 1 can be withdrawn , a/c no 10 can be withdrawn only when the employee attains 58 yrs of age
without completion of 5 years of contribution, if the amount exceeds 50000/- then it would be subject to TDS


Hi
If we consider that you have min 3 years of experience and your age is below 50, you will get all the contribution ( 24%) submitted by your company along with the EPF interest :
12% of Employee
8.33% Employer Pension amount
3 .67% Employer PF amount
24% - Total plus EPF interest
Submit your EPF withdrawal form immediately
Thanks
smj

From India, Faridabad
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™