Regarding PF - Pf Withdrawal

Manisathya
Hi Friends, I was working in the IT industry(Company A, from 2008 to 2015 August got relieved) and joined in other organization(Company B on Sep 2015), i have applied the for PF withdrawl in my previous organization , the employer is approved and sent the documents to PF office, through online i have checked the status, its showing "CLAIM FORM 10C FOR WITHDRAWAL BENEFIT/SCHEME CERTIFICATE FOR MEMBER ACCOUNT NO XXXXX HAS BEEN RECEIVED ON 19.12.2015 IS UNDER PROCESS", how long time it takes to credit in my account, it there any rejection may happen? or i will get the amount. my previous HR said that i will get the amount by this month end. can you please help me
Kumaran Praveen
Hi Buddy,
It take two month to complete the process.
With Regards
Mr.Thumbs Up
Vijay Kumar HR Trainee
Hi Manisathya,
The Provident fund regional office will take 90 days for processing the claims
Manisathya
Is there any chance to reject the form?
My employer is approved completely.
Kumaran Praveen
Hi,
Yes, There is chance to reject the form if there is any correction or misinformation.
With Regards
Mr.Thumbs Up
Manisathya
Thanks for yor reply, i have one more query, that is while changing the organization shall we withdraw the PF or only we can transfer to the new company PF?
Kumaran Praveen
Hi Buddy,
Both option is available for an employee who leaving an organization, it is up to employee to decide which option he/she needs.
With Regards
Mr.Thumbs Up
Manisathya
Hi Buddy,
I heard from some of my friends, they are saying that its mandatory to transfer the amount.
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