Hi,
I'm rejoining my old company within a year. I worked in that company for 4.10 years. Can I withdraw my previous PF with this company? I asked the finance department of my old company, and they denied my request because I'm rejoining back there. They suggested that I can withdraw only if I'm buying a house, and that too if I have completed 5 years of service. However, once I join, they will create a new PF account and won't link it to the old one.
Please suggest how I can withdraw the PF amount.
From India, Mumbai
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I'm rejoining my old company within a year. I worked in that company for 4.10 years. Can I withdraw my previous PF with this company? I asked the finance department of my old company, and they denied my request because I'm rejoining back there. They suggested that I can withdraw only if I'm buying a house, and that too if I have completed 5 years of service. However, once I join, they will create a new PF account and won't link it to the old one.
Please suggest how I can withdraw the PF amount.
From India, Mumbai
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Withdrawing EPF After Resignation
Once you have resigned, you can withdraw your EPF amount after 60 days from your last working date. If you join again, they will provide you with a new PF number. You can transfer the old amount to your new account online at memberclaims.epfoservices.in or by submitting Form 13.
You can withdraw from the old account by submitting the application of Form 19 and 10C to the EPF office. Ask your employer to sign it at the designated place on the above forms and return it to you. You can then submit it to the EPF office and get the acknowledgment. If there is any deviation, let the EPF department mention that. Your employer cannot give you reasons or hold on withdrawing your PF amount.
From India, Chennai
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151Once you have resigned, you can withdraw your EPF amount after 60 days from your last working date. If you join again, they will provide you with a new PF number. You can transfer the old amount to your new account online at memberclaims.epfoservices.in or by submitting Form 13.
You can withdraw from the old account by submitting the application of Form 19 and 10C to the EPF office. Ask your employer to sign it at the designated place on the above forms and return it to you. You can then submit it to the EPF office and get the acknowledgment. If there is any deviation, let the EPF department mention that. Your employer cannot give you reasons or hold on withdrawing your PF amount.
From India, Chennai
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Dear Amrita,
You can request your employer to submit your EPF and EPS withdrawal form in the PF office. Alternatively, after obtaining the employer's signature and stamp, you can submit the same to the PF office.
As you mentioned you are working in Pune, if your company is registered under the Pune office, you can submit your form at the PF office located at Golibar Maidan on Hadapsar Road.
From India, Pune
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You can request your employer to submit your EPF and EPS withdrawal form in the PF office. Alternatively, after obtaining the employer's signature and stamp, you can submit the same to the PF office.
As you mentioned you are working in Pune, if your company is registered under the Pune office, you can submit your form at the PF office located at Golibar Maidan on Hadapsar Road.
From India, Pune
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Considerations for Withdrawing PF and PS Amounts
Why do you want to withdraw your PF as well as PS amount? If you don't need it, you can transfer your balance to your new PF account number. It is beneficial to you because your past services will also be considered for pension, and you will earn interest on your PF balance in the future if you continue working.
If you do not wish to continue working or are undecided about your future employment, it is advisable to opt for a "scheme certificate" instead of withdrawing the pension amount. This certificate covers your family, ensuring they receive a pension in case of any mishap. However, this scheme is only applicable to those who have worked a minimum of one month's service.
If you decide to work again in the future, the scheme certificate will be credited to your future service. For more information on this process, you can visit the official website of the PF. It will provide you with all the necessary details such as names, addresses of PF offices, regional offices, etc.
Sincerely,
Sunil
From India, Nasik
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Why do you want to withdraw your PF as well as PS amount? If you don't need it, you can transfer your balance to your new PF account number. It is beneficial to you because your past services will also be considered for pension, and you will earn interest on your PF balance in the future if you continue working.
If you do not wish to continue working or are undecided about your future employment, it is advisable to opt for a "scheme certificate" instead of withdrawing the pension amount. This certificate covers your family, ensuring they receive a pension in case of any mishap. However, this scheme is only applicable to those who have worked a minimum of one month's service.
If you decide to work again in the future, the scheme certificate will be credited to your future service. For more information on this process, you can visit the official website of the PF. It will provide you with all the necessary details such as names, addresses of PF offices, regional offices, etc.
Sincerely,
Sunil
From India, Nasik
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PF WITHDRAWAL RULES.zip
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