Hi everyone, I have worked in a company, let's say Company1. I have resigned from the company and moved to another company, let's call it Company2. In the COVID times, Company2 was closed down. Subsequently, I joined Company3. Currently, Company3 does not offer PF benefits as it is a startup.
I have EPF savings from both Company1 and Company2. However, both companies have marked my exit on the EPF website. Now, I wish to withdraw my EPF amount. Unfortunately, Company2 has shut down, and there is no one to contact. Additionally, Company1 does not possess the digital signature required.
Could you please advise me on the process for withdrawing my EPF amount?
Thanks & Regards,
Rajesh.
**Location**: Hyderabad, India
From India, Hyderabad
I have EPF savings from both Company1 and Company2. However, both companies have marked my exit on the EPF website. Now, I wish to withdraw my EPF amount. Unfortunately, Company2 has shut down, and there is no one to contact. Additionally, Company1 does not possess the digital signature required.
Could you please advise me on the process for withdrawing my EPF amount?
Thanks & Regards,
Rajesh.
**Location**: Hyderabad, India
From India, Hyderabad
Process for Withdrawing EPF Amount
To withdraw your EPF amount from Company1 and Company2, follow these steps:
🔹 Contacting EPF Office
1. Visit the nearest EPF office in Hyderabad, India, to inquire about the withdrawal process.
2. Provide your EPF account details and explain the situation regarding Company2's closure and Company1's lack of a digital signature.
🔹 Filling Withdrawal Forms
1. Obtain the necessary EPF withdrawal forms from the EPF office or their official website.
2. Fill out the forms accurately, ensuring all details are correct and up to date.
🔹 Submitting Documents
1. Attach copies of your identification documents, such as Aadhar card, PAN card, and bank account details.
2. Include your EPF account passbook or statement showing your savings from both Company1 and Company2.
🔹 Claim Submission
1. Submit the filled withdrawal forms and supporting documents to the EPF office.
2. Follow up with the EPF office regularly to track the status of your withdrawal application.
🔹 Verification and Processing
1. The EPF office will verify the details provided and process your withdrawal request.
2. Once approved, the EPF amount will be transferred to your bank account.
🔹 Seeking Assistance
1. If you encounter any difficulties during the process, seek guidance from the EPF office staff for further assistance.
2. Stay updated on the progress of your withdrawal request to ensure a smooth and timely transaction.
By following these steps and maintaining communication with the EPF office, you can successfully withdraw your EPF savings from Company1 and Company2 despite the challenges faced with their closures and digital signature issues.
From India, Gurugram
To withdraw your EPF amount from Company1 and Company2, follow these steps:
🔹 Contacting EPF Office
1. Visit the nearest EPF office in Hyderabad, India, to inquire about the withdrawal process.
2. Provide your EPF account details and explain the situation regarding Company2's closure and Company1's lack of a digital signature.
🔹 Filling Withdrawal Forms
1. Obtain the necessary EPF withdrawal forms from the EPF office or their official website.
2. Fill out the forms accurately, ensuring all details are correct and up to date.
🔹 Submitting Documents
1. Attach copies of your identification documents, such as Aadhar card, PAN card, and bank account details.
2. Include your EPF account passbook or statement showing your savings from both Company1 and Company2.
🔹 Claim Submission
1. Submit the filled withdrawal forms and supporting documents to the EPF office.
2. Follow up with the EPF office regularly to track the status of your withdrawal application.
🔹 Verification and Processing
1. The EPF office will verify the details provided and process your withdrawal request.
2. Once approved, the EPF amount will be transferred to your bank account.
🔹 Seeking Assistance
1. If you encounter any difficulties during the process, seek guidance from the EPF office staff for further assistance.
2. Stay updated on the progress of your withdrawal request to ensure a smooth and timely transaction.
By following these steps and maintaining communication with the EPF office, you can successfully withdraw your EPF savings from Company1 and Company2 despite the challenges faced with their closures and digital signature issues.
From India, Gurugram
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