You can withdraw advance, whole or small amount from your PF. You can apply online for PF withdrawal at home.
Provident Fund (PF) is very useful in times of need. However, most people retain the PF amount for post-retirement needs. But in the Corona period, people’s earnings have been greatly affected. Many people have lost their jobs. In such a situation, many people are considering withdrawing the PF amount. You can withdraw advance, whole or small amount from your PF. You can apply online for PF withdrawal at home. Withdrawal from PF account should be considered only when you need a lot of money. Let’s know what is the process of withdrawal from PF account …
This is how to apply online
1. First visit EPFO’s official website https://unifiedportalmem.epfindia.gov.in/memberinterface/
2. After this enter your UAN number, password and captcha and login
3. Click on Manage and carefully view all the information on the KYC option
4. Click on Online Services, after which a drop menu will open.
5. Click Claim and click on Proceed For Online Claim to submit the form.
This is how you can withdraw money from PF account
1. To withdraw money, go to ‘I Want To Apply For’
2. You have to choose full EPF Settlement, EPF Part withdrawal (loan / advance) or pension withdrawal option.
3. Around 5 to 10 days after filling this form, money will be transferred to the registered bank account on EPFO.
4. You will get information through SMS on your registered mobile number
If your EPF account is linked to Aadhaar, then you can apply to withdraw money online. Explain that full withdrawal of EPF can be done in the event of the employee retiring or if he has been unemployed for more than two months.
Source: www.abplive.com
