Hi, I joined one company and worked for 4 months and 10 days. I enrolled in the PF scheme provided by that company during my service. Now, I have resigned from that company and joined a new one. The new company does not have a PF account; therefore, I would like to withdraw the amount accumulated in my previous PF account. Can anyone please confirm if a minimum of six months of service is required to withdraw from a PF account?
From India
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From India
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Ya..right..But my question is like is it any rule like that that is person need to complete six month service.Can i submit PF withdrwal form got from the employer?
From India
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From India
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Hi,
No need to work for 6 months. Even if you have worked for just 1 day, you can withdraw the amount. However, as per the PF rules, there must be at least a 45-day gap in service (considering PF Payment) before any withdrawal is allowed. So, wait until the 15th of next month and then apply. You will need to fill out forms 10c and 19 for withdrawal. They are available at www.epfindia.com.
Cheers,
Suneel. :D
From India, Bangalore
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4No need to work for 6 months. Even if you have worked for just 1 day, you can withdraw the amount. However, as per the PF rules, there must be at least a 45-day gap in service (considering PF Payment) before any withdrawal is allowed. So, wait until the 15th of next month and then apply. You will need to fill out forms 10c and 19 for withdrawal. They are available at www.epfindia.com.
Cheers,
Suneel. :D
From India, Bangalore
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Dear,
It is not compulsory to work for 6 months to withdraw your PF. You can withdraw your PF after 2 months from the Date of Leaving. You will get your PF if you work less than 6 months. But for the Pension withdrawal, it is compulsory to work for 6 months. If you work less than 6 months, then you cannot withdraw your Pension amount. You can transfer the same by submitting a Transfer form to your new company.
Regards,
Amit
From India, Delhi
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It is not compulsory to work for 6 months to withdraw your PF. You can withdraw your PF after 2 months from the Date of Leaving. You will get your PF if you work less than 6 months. But for the Pension withdrawal, it is compulsory to work for 6 months. If you work less than 6 months, then you cannot withdraw your Pension amount. You can transfer the same by submitting a Transfer form to your new company.
Regards,
Amit
From India, Delhi
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Pension amount is 8.33% of the employer share, so you can withdraw your portion. cheers suneel.
From India, Bangalore
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From India, Bangalore
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Even a day contribution is there and you not having account in any other Organiztion you can withdraw the amount by submitting the claim from attested by your previous employer. Prabhakar Rao.M
From India, Delhi
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From India, Delhi
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Your PF settlement will go through, but not the pension. In order to claim a Pension Fund withdrawal, your contributory period must be more than 6 months; otherwise, the employer's contribution to the Pension Scheme is forfeited.
Regards,
NP
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Regards,
NP
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PF Withdrawal New Rules.pdf
PF WITHDRAWAL RULES.zip