How Do I Transfer an Employee's PF Account to Their New Company? Seeking Guidance!

One of my employees has resigned from his job and he wants to transfer his account to a new company. Can anybody tell me what the procedure is?

Regards,
Tupai

Form 13 is used for transferring your PF account from one employer to another employer. When you need to transfer the provident fund to another company, you have to fill out Form 13 and submit it to the new employer. The new employer will initiate the process and send your application to the provident office of the region. This process typically takes a few months.

P.F. Account Transfer

The P.F. account from the previous company can be transferred to the present company's PF account by submitting Form-13 to the present employer. The present employer will then forward your application to the current P.F. Office. The office will, in turn, take appropriate action to transfer the earlier PF amount into the present PF account. Please note that this process may take some time.

Regards,
D. GURUMURTHY
LL. HR & IR Consultant

At the time of leaving the organization, it is always better to have a copy of Form 3A and submit it to the new employer to enclose with Form 13.

Regards,
Satish B