How Much PF Can I Claim After Working 2 Years with a Basic Salary of 4000?

Hi sir, I worked in a company for 2 years (1st August 2011 to 29th July 2013), and I want to claim my PF. My basic salary was 4000, and the monthly deduction was 480 INR. Could you please tell me the amount I am eligible to receive? Thank you.

You will get a balance as of 31 March 2013. Submit Form 13 to your present employer to transfer your PF. If you want to withdraw, use Form 10C and 19 through your previous employer, provided you are not working now. You may write the reason as "RESIGNED" in the appropriate place on the form. Also, note that you are certifying in Form 19 that you are not working as of the date.

I worked in a company for 2 years (1st Aug 2011 to 29th Jul 2013), and I want to claim my PF. My basic salary was 4000, with a monthly deduction of 480 INR. Could you please advise on the total amount I am eligible to receive?

Thank you.

Greetings & Good day. My tenure with my previous company was from 26.09.2006 to 2.08.2013. I have two PF numbers due to a company merger. (Period: 26.09.2006 to 31.12.2007 - Old Company & 1.1.2008 to 2.08.2013 - New Company)

As no intimation or instruction was received by the employer regarding the transfer of the old PF to the new PF, I applied for the PF for the period 26.09.2006 to 31.12.2007 from the old company and received the same from the PF office. However, the received amount does not match my deductions. I have sent several emails (40 email correspondences) asking for the PF deduction details for the old company, but I am not receiving any response from my previous employer. Could you please suggest how to proceed further?

Note: I am yet to apply for the 2nd Company PF.

Thanks in advance,

Regards,
Vadiraj

It is difficult to determine the exact amount you are eligible to receive upon withdrawal. However, it seems that you want to know the approximate amount. The most appropriate calculation can be worked out as follows:

Monthly Contribution Calculation

Monthly Contribution = Employee Share + Employer Share = 480 + 480 = 960

Contribution for 24 months = 960 * 24 = Rs. 23,040.

Additionally, you are eligible to receive interest at 8.25% on the balance.

Hope this helps.

Thanks and Regards,