Dear Sir/Madam,
I was working for an organization in New Delhi for more than 2 and a half years, and due to some personal reasons, I had to quit this job, which I did after serving the full notice period.
On my last day in the office (5th October 2009), I had submitted PF withdrawal forms to the HRD, stating to them that it is very urgent for me to get the money liquidated. I contacted the HRD of my ex-organization to get the status of PF withdrawal, and they replied that the form can be submitted to the PF office only after 60 days, to which I agreed.
Now when I queried them about the status, they replied to me that it will take 5 more months for the money to be liquidated to my savings account.
I presume that the PF is meant for employees' use, and they can withdraw it in emergencies. Now I am having emergencies, do I need to wait for 8 months to get the PF money in my account?
Also, three years back, I had resigned from a company without serving the notice period. Now, they say they will not release my PF amount as I had left the company without serving the notice period. Can they stop my PF release? I am in need of money right now.
Please advise....
From India
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I was working for an organization in New Delhi for more than 2 and a half years, and due to some personal reasons, I had to quit this job, which I did after serving the full notice period.
On my last day in the office (5th October 2009), I had submitted PF withdrawal forms to the HRD, stating to them that it is very urgent for me to get the money liquidated. I contacted the HRD of my ex-organization to get the status of PF withdrawal, and they replied that the form can be submitted to the PF office only after 60 days, to which I agreed.
Now when I queried them about the status, they replied to me that it will take 5 more months for the money to be liquidated to my savings account.
I presume that the PF is meant for employees' use, and they can withdraw it in emergencies. Now I am having emergencies, do I need to wait for 8 months to get the PF money in my account?
Also, three years back, I had resigned from a company without serving the notice period. Now, they say they will not release my PF amount as I had left the company without serving the notice period. Can they stop my PF release? I am in need of money right now.
Please advise....
From India
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Thank you very much, Giridhar, for your advice. One more query, how can I clear the F&F from the company I left 3 years back? They are asking for the money in draft, and only then will they clear the PF form. Currently, I don't have the amount they are asking for F&F. Please advise.
From India
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From India
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Hi... It does take 60 days before a company can submit the PF details to EPFO - kindly check on the status of your form, as to whether the company has submitted your details to EPFO???
From India
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1From India
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Thankyou Meenu. I enquired our HRD and as per them they have already submitted my PF details, but they say it will take 4-5 months before I could get the money.
From India
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From India
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Since the PF is handled outside the company, there is no timely process of PF submitted by the Company.
From India, Bangalore
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From India, Bangalore
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Hi Vikram,
The only way I can see is for you to visit the RPFC where your employer has submitted the form and check with them. Don't forget to carry your PF number, and also, if your employer has the acceptance form receipt.
Based on my previous experience, normally within 2 months, the PF amount is credited to the account. Two months from the submission date.
Alternatively, if you are lucky enough, you might encounter someone who will ask for money to process and get your cheque.
Regards,
Rohit
From India, New Delhi
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The only way I can see is for you to visit the RPFC where your employer has submitted the form and check with them. Don't forget to carry your PF number, and also, if your employer has the acceptance form receipt.
Based on my previous experience, normally within 2 months, the PF amount is credited to the account. Two months from the submission date.
Alternatively, if you are lucky enough, you might encounter someone who will ask for money to process and get your cheque.
Regards,
Rohit
From India, New Delhi
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Dear Mr. Vikram,
Good afternoon!
The PF withdrawal form can be sent to the PF office only after 60 days from the date of resignation. Post that, the PF office takes approximately 45 working days to clear the same (60 calendar days). So, by the time you receive the PF in your account, it is 4 months from the date of resignation, provided the form is sent by your employer on time.
You can check the accumulated amount by discussing it with your company's PF consultant or the PF office by mentioning your PF number.
Thanks & regards,
Hrishikesh V. Yelgaonkar
From India, Mumbai
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Good afternoon!
The PF withdrawal form can be sent to the PF office only after 60 days from the date of resignation. Post that, the PF office takes approximately 45 working days to clear the same (60 calendar days). So, by the time you receive the PF in your account, it is 4 months from the date of resignation, provided the form is sent by your employer on time.
You can check the accumulated amount by discussing it with your company's PF consultant or the PF office by mentioning your PF number.
Thanks & regards,
Hrishikesh V. Yelgaonkar
From India, Mumbai
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PF ONLINE WITHDRAWAL PROCESS-(19 & 10C)-2.PDF