How to withdraw PF money: full staff India It is essential to have an Employees Provident Fund (EPF) account, commonly referred to as a PF account, to access the funds after retirement. The Employees’ Provident Fund Organisation, or EPFO, the apex retirement body of the central government, has devised a scheme for employees so that they can get back the amount received from it after they retire. If you are planning to withdraw the PF money that you have saved, then you need to know that you can do it partially or withdraw the entire savings as per your requirement.
As per the rules laid down by the EPFO, an employee has to contribute at least 12 per cent of his basic salary every month during his tenure. The employer will also have to pay the same amount. The amount in the PF account is subject to earning 8.5 per cent interest as per the extant rules. An employee is eligible to withdraw PF money after retirement or if he is unemployed for two months. To withdraw EPF money, your Universal Account Number or UAN must be linked to your Aadhaar number
The EPFO recently notified that PF money can be withdrawn through the government’s UMANG App – a unified app to access various pan-India services. It can also be done through the UAN portal.
Step-by-Step Guide to Withdraw EPF Money Using UMANG App
Phase 1: Download UMANG App from Google Playstore or Apple App Store
Phase 2: Open the app and click on New User option
step 3: Register yourself on UMANG App by following the instructions like setting MPIN using OTP
step 4: Once registered, log in to the app and select the All Services option from the dropdown menu
Step 5: Click on EPFO and select Raise Claim option from the dropdown menu
Step 6: Submit your EPF UAN number to generate OTP
Step 7: Submit the One Time Password (OTP) sent to your registered mobile number and select the withdrawal mode before filling the form
Step 8: You will receive an acknowledgment slip or claim reference number after successfully submitting the request. You can use this reference number to track the withdrawal request.
How to withdraw EPF money using UAN portal
Phase 1: Visit the UAN portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/. After that log in with your UAN and Password. Enter the captcha and proceed to sign in.
Phase 2: Go to the ‘Online Services’ tab at the top, drop-down menu and click on the option ‘Claim (Form-31, 19 and 10C)’.
step 3: This will take you to a new page with all the member details, KYC details etc. Enter your bank account number and click ‘Verify’. Then you have to fill the reason for leaving the services of PF.
step 4: A pop-up titled ‘Certificate of Undertaking’ will appear. Click ‘Yes’.
Step 5: Again go to the drop-down menu and select ‘I want to apply for’ option and from there select ‘Only PF withdrawal (Form 19)’ option.
Step 6: Fill in the ‘Full Address’ section and upload the scanned copies of your passbook or cheque.
Step 7: Select the Tick option on the disclaimer and click on the option ‘Get Aadhaar OTP’. From there, fill the OTP received on your registered and linked mobile number. After that submit the application form.
Step 8: After submitting this form follow the same steps and submit ‘Form 10C’ through the portal. The amount requested by you should be credited to your registered bank account within 15 to 20 days.
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