Hi,
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 organisation. As i moved to a govt organisation so i need to withdraw my EPF. So i have 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last day in organisation so would the complete amount be provided to me or some deductions will be done when amount is withdrawn? If yes then how much?
2. As you can see i was just 15 days short of completing 5 years so the time ( past 3 months) will also be included in the tenure and help me complete the 5 year duration?
3. What is the time duration till which i can keep money in my EPF and still get the interest getting 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 mean time my previous organisation shuts down then does it somehow risk my contribution to EPF or that will remain secured?
Thanks,
Himanshu Dabas
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 organisation. As i moved to a govt organisation so i need to withdraw my EPF. So i have 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last day in organisation so would the complete amount be provided to me or some deductions will be done when amount is withdrawn? If yes then how much?
2. As you can see i was just 15 days short of completing 5 years so the time ( past 3 months) will also be included in the tenure and help me complete the 5 year duration?
3. What is the time duration till which i can keep money in my EPF and still get the interest getting 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 mean time my previous organisation shuts down then does it somehow risk my contribution to EPF or that will remain secured?
Thanks,
Himanshu Dabas