Hi All, I started working in 2008, joining Company A where I worked for 5.5 years. In 2014, I left Company A and, due to a personal emergency, withdrew the entire PF amount. In the same year, I joined another Company B, where I worked for 2 years and transferred my previous PF account to Company B (there was no money in the account). Recently, I joined Company C, where there is no PF deduction from my salary.
PF Withdrawal and Future Availability
Should I withdraw the 2 years' accumulated amount (I don't want to), considering my current company doesn't have PF deduction? Will the accumulated amount be available in the future?
Regards
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PF Withdrawal and Future Availability
Should I withdraw the 2 years' accumulated amount (I don't want to), considering my current company doesn't have PF deduction? Will the accumulated amount be available in the future?
Regards
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To the best of my knowledge, the accumulated amount will earn interest for 3 years on an inactive account. Thereafter, it will not accrue any interest. In the meantime, your company C may start a PF, or you may join company D. Afterward, you can transfer or withdraw funds as needed. This is purely my view; please wait for seniors to respond.
From India, Ahmadabad
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747From India, Ahmadabad
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Early PF withdrawal won’t be easy.pdf
Steps to transfer PF amount.jpg