Can I Withdraw My PF When Changing Jobs? Understanding the Rules and Regulations

Hi,

I want to know, can I withdraw my PF amount if I quit from my current employer? Are there any specific rules and regulations in case of PF withdrawal?

You can fill the PF withdrawal form (Form 19) & EPS withdrawal Form (Form 10C) and can get it signed by your employer and submit the same in the PF office. Within 3-45 days, you can get your PF/EPS withdrawal amount.

Regards,
B. S. Negi

That's true,

But why withdraw the amount instead of transferring it into a new PF account that you will have in your new job? It will take a few months, but then you will be earning interest on it at 8.5%. So, why withdraw? What I suggest is to combine it with your new PF account.

Regards, Abhishek

You can do that also. Fill Form No. 13 & submit it to the current employer.

Regards,
B. S. Negi

Hi Dear,

If you have been employed with your past employer for a period less than six months, it is better that you get your PF amount transferred to your new company because if your period of PF contribution is less than six months, you will not be getting the employer contribution. You will get only the amount deducted from your salary and not the amount the employer has paid towards your PF contribution.

Regards,
Santosh Iyer
Email: santosh_iyer79@rediffmail.com

I have worked for a company for 5 years and resigned. As the company called back, I joined back and resigned after 8 months. The company was not willing to relieve me. Now, the company is signing the PF form. In this circumstance, I have directly submitted my PF withdrawal form obtaining the signature of my bank manager. But the PF officers have not accepted and insisted on the company's signature.

Can anybody advise me on how I can get my PF amount in this situation? Secondly, the company has not paid its contribution for the last 2 years. So, can I get the full amount? Please advise.

Joy

Hi, I was working with a big MNC, and after completing one year, I changed my job and joined a small company. However, just after completing 2 months, I left that company because of some personal reasons and joined another one. In my second company, I used the same PF account that I had received in my first company.

In this new company, I cannot tell them that I worked in a company for 2 months. Now, the problem is that this new company is asking me to create a new PF account. Therefore, I can either withdraw the old PF amount or transfer it to my new account.

Could anybody please tell me how to get the PF amount of those two months I had worked in my second company? Is it possible to get that amount?

I was working with a Limited Company, and after completing three years, I resigned from my job. Just after a month, I joined the same company. However, the second time my PF number was changed, and I worked for another year. I requested the company to transfer my first PF amount into the second one, but it has not been done yet.

Now, I have left the company again due to some issues and joined another company just a month ago. The problem is that both PF amounts have not been cleared. The first PF is one year old, and the second one is up to a month ago. Can I withdraw the PF amount up to March 07? What about the second PF amount? Please advise me. It is a significant amount. Is it possible to receive that amount?

If Manish does not want to disclose that he had worked in a company for two months, don't go for a transfer but apply in Form 19 and 10C for withdrawal benefits through that previous employer. This is because Form 13 is required to be sent through the present employer. Therefore, avail withdrawal benefits.

As per the rule, the EPFO is supposed to accept Form 19 and 10C signed by a Bank Manager. If refused, try with the signature of a PF Trustee or Member of Parliament.

Vinod has multiple PF accounts. If you have not sent Form 13 for each transfer separately, close them permanently since all are with a limited period only. If you maintain a good relationship with the previous employers, send the forms through them only.

Regards, Madhu.T.K

Please download it from the website of Employees' Provident Fund Organisation or collect it personally from the nearest office of the EPF Organisation.

Regards,
Madhu.T.K

Dear Friends,

If all of you have worked for more than 6 months in your previous company, it's better to get it transferred using Form-13. In case your service is more than 6 months, or in case you have kept your old company's PF account still unsettled where you would have worked for less than 6 months, it's better to withdraw by filling out Form-19 and Form-10C.

When it comes to the point of receiving the amount, you can apply only after 60 days of your last working day with the respective company. After that, it's always better to get the forms signed by your authorized company personnel and submit the same form to the PF department either through your employer or personally. It will take a minimum of 45 days to receive your PF amount.

For all PF forms and details, visit www.epfindia.com. I hope this information will be useful to all of you.

Regards,
Amith R.

Hi,

I have worked with an MNC company with two different employee codes and PF accounts. First, I worked for three years and resigned with proper clearance from the company. Secondly, I joined the company again and left after two years without obtaining clearance from the employer. Now I have come to know that I can't access my PF amount without the employer's signature.

My issue is - can I withdraw my PF amount from the first account where I resigned following the company's rules and regulations? Kindly advise me.

Thank you.

Hi,

I have worked at an organization in Thane, Maharashtra for 2 years and 5 months and immediately joined another organization in Greater Noida, Uttar Pradesh. I want to claim my PF from the previous organization. Is it possible to transfer this account to the new account even though the states are different? Please tell me the process.

Regards,
Asesh Saha

For PF transfer, state boundaries are not an issue as the scheme is extended to all over India except Jammu & Kashmir.

Regards,
Madhu.T.K

Hi! This is Vinod. Can somebody please help me with what forms are required for claiming PF at the PF office in Wazirpur Industrial Area? Will it be open on Christmas (25th Dec)? I have been calling there continuously, but no one answers.

Please find the attached forms.

Regards,
Madhu T.K.

Dear sir,

I want to change my ICICI Bank account which was closed. The new account is with KOTAK MAHINDRA BANK in Bhopal.

I want to know, can I withdraw my PF amount if I quit from my current employer. Are there any specific rules and regulations in case of PF withdrawal.

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Yes, you can withdraw your PF amount if you leave your current employer. There are certain rules and regulations that govern PF withdrawal. The process and eligibility criteria may vary based on the reason for withdrawal and the number of years you have contributed to your PF account.

It is advisable to check with your HR department or directly with the provident fund office to understand the exact procedure and documentation required for PF withdrawal. Additionally, there might be tax implications depending on the amount withdrawn and the duration of your employment. It's essential to be aware of these aspects before initiating the withdrawal process.

@ Moderator,

Is there a clause that states if you are unemployed for 2 months, only then can you withdraw the PF? Also, will the amount withdrawn be taxed? I have worked for my company for 2 years, and total PF membership is 4+ years. Can I withdraw my full amount, sir?

I'm currently working with an MNC, and I want to quit in another 3 months. So, my total work time there will be 3 months. I'm joining another company immediately after quitting. I don't want the second company to know I was working earlier for just 3 months, and I don't care about the 3 months' PF money. I just want to join the new company and settle there. Can I open another PF account with them, or will there be any clash of accounts if I get another PF account? I really don't want any money or to transfer the money to the second company. Let EPF keep the money with themselves. Is it possible that my new employer will not come to know that I was with another company for 3 months? Can I open another new PF account with my new employer? Will EPF not allow it because I will be providing my PAN number, and they might come to know? Please suggest ASAP.

In order to get withdrawal benefits, it is mandatory that you should not be employed in another establishment where PF is applicable. For those who resign from the company to go abroad and for women members resigning after getting married, this rule does not apply. If you are not employed, you can withdraw the balance.

If you have not been allotted a Social Security Number, you will receive a new account number when you join another establishment. If you do not wish to transfer your old account, you can choose not to do so.

Dear Shahab Shah,

You can get the sign of any Class I government officer, district magistrate, postmaster, etc. There is no need to get the signature of your employer company. If the provident fund department does not authorize such attestation, then make a hard complaint to the Regional Provident Fund Department with a cc to the National Fund Office and other government ministries.

"In order to get withdrawal benefits, it is mandatory that you should not be employed in another establishment where PF is applicable." Many organizations and employees do not follow this rule, and it has become outdated. I have claimed my provident fund account despite working with another organization falling under the provident fund scheme. In fact, most PF rules have now become outdated, contributing only to the addition of unclaimed PF amounts.

Best regards,
Mahendra Rana

[a Blog on Indian Commercial Law](http://www.vkrokti.blogspot.com)

I would simply suggest that I am in the Payroll department since the last 1.6 months.

I suggest withdrawing your PF and reopening a new account with a new company as the process of transferring PF accounts is lengthy and slow.

Dear Mahendra Rana,

The rule that an employee shall withdraw the PF amount after ensuring that he is not employed in any establishment to which PF is applicable has not become outdated. By custom only, we withdraw it. The very purpose of obtaining Form 11 from a new employee is to ensure that he was not employed in any establishment to which PF applied or to get his old PF number if he was a member of PF previously.

Regards,
Madhu.T.K

Dear Madhu,

Actually, this provision is being misused by some employers in the case of resigned workers. Recently, I came to know about such incidents. Some of my friends have left an organization and joined a new one. Now, when they submit their PF withdrawal request, two of them got their forms duly signed by their ex-employer. However, the ex-employer's company refused to approve the PF claim for the remaining two employees because the company was not willing to relieve them, as they were providing good service for a low salary. Nevertheless, they left, and the company acted in a prejudiced manner. The ex-employer rejected the PF withdrawal forms of these employees on the grounds that they were already in a job that is a member of the PF scheme, and thus, these employees had given false declarations in this regard. Surprisingly, this fact was true for all four employees, and the ex-employer was already aware of it. However, they cleared the PF withdrawal of two employees without any objection!

I helped both employees, and they have successfully withdrawn their money now. This incident leads to the impression of how even MNC companies can adopt such an unprofessional approach.

Best regards,
A blog on Indian Commercial and other laws

I have to withdraw my PF from the previous company which I left 1.5 years back. Kindly tell me the procedure and please provide me with the address of the Lucknow PF office. One more query - after filling the form, do I have to get it signed by the previous company?

Hi, if I leave a company before a year, can I withdraw my PF after 1 year? Are there any special formalities to withdraw my PF amount?

Please let me know if you need further assistance.

Dear Sir,

Kindly confirm that I resigned from my previous company 3 years ago. I would like to withdraw my PF amount, but my employer is unwilling to sign the PF withdrawal form. Can I still receive my PF amount? Please confirm.

My telephone number is provided below:
Avneet Singh
09219623555
Email: avneet.kalra@e-nxt.com

Kindly confirm the status via the email address above.

If your previous employer is not traceable, you may send the withdrawal forms (Form 19 and Form 10 C) directly to the EPF Office after attesting your signatures in the forms by the Manager of the Bank to which the SB account you want to get your balances transferred. Your signatures can be attested by a gazetted officer, MLA/MP, etc.

When sending the forms, please attach one canceled cheque leaf with the MICR code of the bank in order to facilitate the EPFO to make an electronic transfer of funds.

Regards, Madhu.T.K

Hi all,

I left my previous company on the 10th of July and joined the current company on the 27th of July. My previous company is not relieving me, neither are they providing any support in withdrawing PF money. My PF account in the previous company was in Gurgaon, and I have joined the present company in New Delhi. I do not want to transfer the PF money to the new company's PF account. Please suggest any alternative way to withdraw PF money without involving the previous company.

Regards.

I left the organization 2 years ago, and now I want to collect 3 months' worth of PF. What do I need to do?

Hello All,

I have worked with an MNC for one and a half years. My PF was deducted regularly, along with my respected UAN Number. I resigned from there in Oct 2016. Now, I have joined a new company in June 2017, and PF has not been deducted yet. I have now filled the form with my respected previous UAN Number to enroll or transfer my PF account to my present employer. They are saying a sum of around 10 K will be the fine (half from both sides) for the last 3 months.

Claiming PF Amount Online

Also, please suggest how I can claim my PF amount online. Is it mandatory to sign the withdrawal form by the previous employer?

Thanks in advance.

Regards, Shreyansh

PF Coverage Obligation

If the new establishment is a PF-covered establishment, then the obligation to bring you under PF cover when you joined the company in June should be with the company only, and that cannot be put on your (employee's) shoulders. Certainly, for the omission to pay contributions for the months of June and July, the company should pay interest and also damages. The amount payable on each account will be made known to them at a later stage only. Therefore, there is no question of demanding Rs 10,000 as a fine, and that also on a mutual sharing basis. Again, the establishment has time until the 15th of September to pay contributions for the month of August, and the omission is only with respect to June and July.

PF Withdrawal Restrictions

Since you have joined an establishment now and already updated the UAN, you cannot withdraw the PF accumulations of the previous employment.

Regards, Madhu.T.K

To transfer PF, if an employee changes companies, they need to follow a specific process and submit certain forms to transfer the PF amount.

There is an online facility for transferring the PF. However, if there is any mismatch in the name or other details, you cannot make an online transfer. Also, due to some technical reasons, the portal (Online Transfer Claim Portal) is not working. I understand that in the case of accounts linked to Aadhar, the transfer will be made automatically. However, it is advisable to make the transfer physically using Form 13, which is attached.

Madhu T K