Hi all,
I have a query regarding my PF account. I have been working in an organization for the past three years, and by my last day in the organization, I will have completed exactly three years.
For the first year, my contribution to PF was ₹750, and the employer's contribution was also ₹750. Over the past two years, my contribution to PF has been ₹1200, with the employer's contribution remaining the same.
My question is: Is there a locking period, similar to ULIPs, for withdrawing the entire PF amount to our bank account? How much can I expect to receive when I withdraw my PF amount? What is the procedure for withdrawing the PF amount?
In the long run, what is the best approach: transferring the PF to the organization we are joining or withdrawing the PF amount?
- Lokesh
From India
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I have a query regarding my PF account. I have been working in an organization for the past three years, and by my last day in the organization, I will have completed exactly three years.
For the first year, my contribution to PF was ₹750, and the employer's contribution was also ₹750. Over the past two years, my contribution to PF has been ₹1200, with the employer's contribution remaining the same.
My question is: Is there a locking period, similar to ULIPs, for withdrawing the entire PF amount to our bank account? How much can I expect to receive when I withdraw my PF amount? What is the procedure for withdrawing the PF amount?
In the long run, what is the best approach: transferring the PF to the organization we are joining or withdrawing the PF amount?
- Lokesh
From India
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PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf