Hi, Employee wants to withdraw the PF amount of last organisation but after opting for the PF in the current organisation.
Please suggest if it will be possible.
27th June 2019 From India, Delhi
Not possible. The accumulated amount has to be transferred to his present pf account number. From UAN number the authorities can track your last accumulation and continuity of service.
27th June 2019 From India, Madras
Dear Bhavna,
As there is continuity of service the employee can't withdraw the amount but if he has any emergency then can apply for advance withdrawal as per the said criteria.
27th June 2019
Please let me know is there any deduction when employee is withdrawing the amount?
27th June 2019 From India, Delhi
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™