I joined Company X in July 2012, and this company has already been acquired by Company Y. Company Y will complete the acquisition process in September 2012 itself. I am concerned about what will happen to my PF account, which was opened in July. Additionally, I had applied for the transfer of my old PF to the account opened by Company X.
From India, Bangalore
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From India, Bangalore
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Hi In that case even the existing PF will be changed to new company name and account numbers will remain same.
From India, Bangalore
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653From India, Bangalore
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Oh, thanks Mr. Jeevrathnam, I was confused about this. If the account number remains the same, then no issue for me because the old PF will get transferred to the account number and not to the name of the company.
One more doubt is that I have an account number KN/BN/25437/1590. I cannot see the balance for this PF account. I am getting "Invalid Member_id / Data not updated against this BG/BNG/0025437/000/0001590". Any guess why so?
From India, Bangalore
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One more doubt is that I have an account number KN/BN/25437/1590. I cannot see the balance for this PF account. I am getting "Invalid Member_id / Data not updated against this BG/BNG/0025437/000/0001590". Any guess why so?
From India, Bangalore
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earlier there was old Coding system & now its getting online system it is not an issue at all
From India, Bangalore
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From India, Bangalore
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Dear Sir,
If your PF Number is correct but the portal shows it as an Invalid Number, it means that your previous organization did not submit the Annual Return for the year 2011-2012. Only in such cases, this type of problem will arise. Therefore, please check with your previous company to ensure they have submitted the annual return. Once they do so, the amount will be updated, and the balance will be sent to your mobile number and email address.
Best Regards,
M. Suresh Kumar
From India, Madras
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If your PF Number is correct but the portal shows it as an Invalid Number, it means that your previous organization did not submit the Annual Return for the year 2011-2012. Only in such cases, this type of problem will arise. Therefore, please check with your previous company to ensure they have submitted the annual return. Once they do so, the amount will be updated, and the balance will be sent to your mobile number and email address.
Best Regards,
M. Suresh Kumar
From India, Madras
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PF Online Transfer.pdf
Steps to transfer PF amount.jpg