Dear Seniors,
Greetings of the day!!
I left a company in 2010. I'm working in a company since 1.5 Yr & I don't have any PF company in my present company. I'll join a new company soon. I need money in Dec'12. My question is that
1. Can I continue with my previous PF a/c in new company? If yes then shall I take loan from my PF account later on?How much amount of loan one can take from PF a/c and eligibility for the same?
or
2. Shall I open a new PF a/c and later on close the previous PF a/c?
Which one will be more wiseable and help to save more money?
Please suggest.
With Thanks & Regards
SM
Greetings of the day!!
I left a company in 2010. I'm working in a company since 1.5 Yr & I don't have any PF company in my present company. I'll join a new company soon. I need money in Dec'12. My question is that
1. Can I continue with my previous PF a/c in new company? If yes then shall I take loan from my PF account later on?How much amount of loan one can take from PF a/c and eligibility for the same?
or
2. Shall I open a new PF a/c and later on close the previous PF a/c?
Which one will be more wiseable and help to save more money?
Please suggest.
With Thanks & Regards
SM