Dear SOUMYAKANDIMALLA2017
Now EPFO has made transferring PF balance from one employer to another employer is made easy. Now the funds will be automatically transferred when employee changes job. All you have to do is submit a newly introduced Form-11 duly filled to the new Employer. In turn the new employer has to upload Form-11 and after verification of details the transfer process will be initiated . The employee will also receive the SMS on his registered Mobile. After sending SMS EPFO will wait for ten days to commence the process to ensure the employee has not requested for stopping the transfer. The employee doesn't need to personally visit the previous employers. However this process is available to those who have UAN that was introduced after 2014 which contains Aadhar details . If the mobile Number given in Aadhar and the present one differs then same has to be changed using UADAI portal .
If an employee doesn't have a UAN and/or is not aadhar seeded and not verified by the previous employer EPFO rejects the transfer request. Online transfer is also not possible if the employer do not have a Digital Signature.
As per recent guidelines EPFO , auto transfer of PF while changing jobs will be entertained only after the first payment of the new employment is received against the UAN flagged for such transfer. It is also necessary that the UAN of the member is activated, Aadhar seeded and verified by the previous employer.
Thank You,
Sreedhara Murthy
Now EPFO has made transferring PF balance from one employer to another employer is made easy. Now the funds will be automatically transferred when employee changes job. All you have to do is submit a newly introduced Form-11 duly filled to the new Employer. In turn the new employer has to upload Form-11 and after verification of details the transfer process will be initiated . The employee will also receive the SMS on his registered Mobile. After sending SMS EPFO will wait for ten days to commence the process to ensure the employee has not requested for stopping the transfer. The employee doesn't need to personally visit the previous employers. However this process is available to those who have UAN that was introduced after 2014 which contains Aadhar details . If the mobile Number given in Aadhar and the present one differs then same has to be changed using UADAI portal .
If an employee doesn't have a UAN and/or is not aadhar seeded and not verified by the previous employer EPFO rejects the transfer request. Online transfer is also not possible if the employer do not have a Digital Signature.
As per recent guidelines EPFO , auto transfer of PF while changing jobs will be entertained only after the first payment of the new employment is received against the UAN flagged for such transfer. It is also necessary that the UAN of the member is activated, Aadhar seeded and verified by the previous employer.
Thank You,
Sreedhara Murthy