The Staff’ Provident Fund Group popularly often known as EPFO has its department throughout India. For claiming the Provident Fund (PF) quantity, an individual has to go to the close by EPFO workplace. With the help of superior know-how, your entire course of for claiming, submitting and getting the cash transferred into the checking account has been made on-line. By the net claiming of PF, your entire technique of clearing the PF quantity may be simply processed solely in 10 days. Earlier than, the introduction of on-line system your entire official process of PF processing was carried via the paperwork.
Let’s view the step-by-step process to know how one can declare your EPF via the net system:
1. Firstly, it’s best to affirm three issues carrying with you i.e. UAN, Aadhaar Card, Lively Financial institution Account Quantity and a Legitimate Telephone Quantity. Guarantee that your telephone quantity is linked together with your checking account.
2. Log-in into the EPFO web-portal and enter the main points of your UAN (Common Account Quantity). If in case your Aadhaar card is just not registered with the UAN, then initially you’ll have to course of for the e-KYC (Know Your Buyer) verification course of. After the entire KYC validation, you’ll be able to proceed additional for the PF process. For the net verification of e-KYC, the Aadhaar authority will ship you an OTP (One-Time Password) in your telephone quantity for finishing the id verification course of Aadhar Card Verification.
three. The PAN card particulars are additionally obligatory to be crammed for availing the net PF withdrawal companies. The three particulars i.e. Identify, Age and Gender are being cross-verified for initializing the PF withdrawal course of.
four. On the display screen, a single web page declare type is being displayed that must be utterly crammed for submitting the claiming. There are three distinct sorts of varieties i.e. Type 19, 10C and 31 that requires to be crammed for various functions. For the pension withdrawal Type 10 C must be crammed. Likewise, for the entire and partial withdrawal of PF Type 19 and 31 requires to be crammed respectively.
5. With every withdrawal service, there are a sure set of situations that should be fulfilled for availing the advantage of PF. Particularly whereas filling the Type 19, you should point out the date of becoming a member of and final date of working within the group. On the time of submitting the Type on EPFO portal, you shouldn’t be working within the institution that you’ve acknowledged in Type. Aside from it, the group must be endorsed underneath the Staff’ Provident Fund and Miscellaneous Provision Act, 1952.
6. For claiming and settlement of finalized PF quantity, a niche of two months from the final date of employment with the group is compulsory to observe.
7. The individuals who want to withdraw the pension requires to fill Type 10C displayed on EPFO web site. The worker will need to have labored minimal for six months with the group for availing the advantages of pension. The foundations of employer’s contribution to Staff’ Pension Scheme are being relevant on the pension withdrawal.