Hello Sir, I want to know which bank account is eligible for my withdrawing my own PF amount from the EPF office. Regards, Manikandan T.P.
From India, Madurai
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1From India, Madurai
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Dear Manikandan,
Regarding EPF, there are no restrictions on banks. Accounts in scheduled banks, including cooperative banks, will suffice for PF withdrawal. However, for the Employees' Pension Scheme, there are designated banks that vary from region to region.
Abbas.P.S
From India, Bangalore
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Regarding EPF, there are no restrictions on banks. Accounts in scheduled banks, including cooperative banks, will suffice for PF withdrawal. However, for the Employees' Pension Scheme, there are designated banks that vary from region to region.
Abbas.P.S
From India, Bangalore
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For availing pension, State Bank of India, Indian Bank are few nationalised banks recommended by EPF authorities. Udayakumar G 9443628322
From India, Madras
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From India, Madras
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Dear Manikandan,
The annexure to Form 19 (EPF) and Form 10C or 10D (EPS) states the list of banks. The PRO of your EPF office will also be able to provide you with information. However, it is generally advisable to open a fresh bank account without any joint account for the purpose of the Pension scheme.
M.V. KANNAN
From India, Madras
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The annexure to Form 19 (EPF) and Form 10C or 10D (EPS) states the list of banks. The PRO of your EPF office will also be able to provide you with information. However, it is generally advisable to open a fresh bank account without any joint account for the purpose of the Pension scheme.
M.V. KANNAN
From India, Madras
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Dear Mani,
You must have an individual savings bank account (must not be a joint account) with any nationalized bank. For monthly pension, you should consult the concerned PRO to avoid inconvenience. You can get the phone numbers of PROs from the EPFO website.
Hope this information helps.
Thanks and regards,
Vijay Dubey
From India, Chandigarh
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You must have an individual savings bank account (must not be a joint account) with any nationalized bank. For monthly pension, you should consult the concerned PRO to avoid inconvenience. You can get the phone numbers of PROs from the EPFO website.
Hope this information helps.
Thanks and regards,
Vijay Dubey
From India, Chandigarh
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Andhra Bank can also be considered .Would like to know the reasons for non consideration of joint account.
From India, Hyderabad
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From India, Hyderabad
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Dear Manikandan, Any nationalised bank, particularly for Pension, it is suggested to go for INDIAN BANK/SBI in tamilnadu.. Other banks also advisable, Thanks and regards R.Palaniswamy
From India, Coimbatore
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From India, Coimbatore
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Dear all, The designated Banks are applicable only in case of EPS only. Regarding EPF there is no such restrictions. Abbas.P.S
From India, Bangalore
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From India, Bangalore
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Dear Manikandan,
You need to have a savings account in your name from any bank in order to withdraw your PF. Just fill out Form 19 and Form 10C for the PF withdrawal with the required details, and you will receive two cheques for the Provident Fund and pension scheme credited to the specified bank account after a few months. Please take care when filling out the bank details.
Regards,
Nikita Agrawal
From India
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You need to have a savings account in your name from any bank in order to withdraw your PF. Just fill out Form 19 and Form 10C for the PF withdrawal with the required details, and you will receive two cheques for the Provident Fund and pension scheme credited to the specified bank account after a few months. Please take care when filling out the bank details.
Regards,
Nikita Agrawal
From India
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Joint Bank Account acceptable in PF (1).pdf