Withdrawal of EPF money: What is the procedure for withdrawing EPF money after leaving one establishment and joining another?
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What is UAN?
UAN stands for Universal Account Number to be allotted by EPFO. The UAN will act as an umbrella for the multiple Member IDs allotted to an individual by different establishments. The idea is to link multiple Member Identification Numbers (Member Id) allotted to a single member under single Universal Account Number.
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What is the procedure of withdrawal of PF account money under UAN portal, after leaving one establishment and joining another one?
When an employee leaves an establishment and joins another, he/she is required to get the funds and service details transferred to the new account. The facility would provide portability from one account to another by linking the different Member IDs, if, the KYC details have been verified by both the employers.
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Is member required to give any document for preferring PF Part Withdrawal claim (Form-31)?
Member is not required to give any supporting document while preferring online PF Part Withdrawal case. Member's act of preferring the advance claim online will be taken as his self- declaration for having applied for the same.
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Can member divert the payment to some other Bank Account of his other than one registered with EPFO for preferring online claims?
No. Member can get the payment only into the Bank Account registered with EPFO and being shown to him under his UAN member interface. If the shown Bank Account is closed or if the member wants to use some other Bank Account, member should not prefer the online claim and first get the Bank Account changed through his current employer.
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How is the member required to authenticate online claim submission?
Members applying online are required to authenticate their claim submission using OTP sent to their UIDAI registered Mobile number giving consent to UIDAI to share their e-KYC (Aadhaar) credentials to EPFO.
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What are the Claim Forms that can be filed from the UAN-Member Interface directly by the employee?
Member can apply for a. PF Final Settlement (Form19), b. Pension Withdrawal Benefit (Form10-C) and c. PF Part Withdrawal (Form31) from the Member Interface directly