Around 3 months back, I left my employer, and on my last day, I had completed 4 years, 11 months, and 14 days in that organization. As I moved to a government organization, I need to withdraw my EPF. So I have a few queries if someone can help me out:
1. As I have not completed 5 years (heard that if tenure is 5 years, then no deductions are done in case of withdrawal) by the last day in the organization, would the complete amount be provided to me, or will some deductions be made when the amount is withdrawn? If yes, then how much?
2. As you can see, I was just 15 days short of completing 5 years, so will the time (past 3 months) also be included in the tenure and help me complete the 5-year duration?
3. What is the time duration until which I can keep money in my EPF and still get the interest paid to me?
4. Suppose I decide to keep my amount in my EPF account (do not withdraw) for around 2 years, and in the meantime, my previous organization shuts down, does it somehow risk my contribution to EPF, or will that remain secured?
Thanks,
Himanshu Dabas
1. As I have not completed 5 years (heard that if tenure is 5 years, then no deductions are done in case of withdrawal) by the last day in the organization, would the complete amount be provided to me, or will some deductions be made when the amount is withdrawn? If yes, then how much?
2. As you can see, I was just 15 days short of completing 5 years, so will the time (past 3 months) also be included in the tenure and help me complete the 5-year duration?
3. What is the time duration until which I can keep money in my EPF and still get the interest paid to me?
4. Suppose I decide to keep my amount in my EPF account (do not withdraw) for around 2 years, and in the meantime, my previous organization shuts down, does it somehow risk my contribution to EPF, or will that remain secured?
Thanks,
Himanshu Dabas