EPFO Online PF Withdrawal - Eligibility, Process, and Benefits

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To be eligible for an EPFO online PF withdrawal, you must have a minimum of 55 days of service in the previous 12 months or 5 years of continuous service.

You can apply for EPFO online PF withdrawal through the UAN portal or through the EPFO mobile app.

The EPFO online PF withdrawal process typically takes 7-10 working days, but it may take longer in some cases.

You will need to provide your UAN, Aadhaar, and bank account details to complete the EPFO online PF withdrawal process.

Eligibility and Process

To be eligible for EPFO online PF withdrawal, you'll need to select the claim you want - complete EPF settlements, EPF part withdrawal (loan/advance), or pension withdrawal - from the drop-down menu.

If you're not eligible for any of these services, the options won't be shown in the menu. You can then select 'PF Advance (Form 31)' to withdraw your PF.

To proceed with the withdrawal, you'll need to provide the purpose of the advance, the amount required, and your address, and check the box asking for self-declaration.

Prerequisites

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To apply for the withdrawal of your EPF online, you'll need to meet certain prerequisites. The Universal Account Number (UAN) must be activated and your mobile number must be in working condition.

You'll also need to link your UAN with your KYC documents, which include your Aadhaar, PAN, bank details, and IFSC code.

Here are the specific requirements:

  1. The Universal Account Number (UAN) is activated.
  2. The mobile number used for activating the UAN is in working condition.
  3. The UAN is linked with your KYC, i.e. Aadhaar, PAN, bank details, and the IFSC code.

If these conditions are met, you won't need your previous employer to attest to your withdrawal application.

Enter Exit Date Process

To enter the exit date for PF withdrawal, you can follow a simple process.

First, log in to the UAN portal using your Universal Account Number and password.

Click on the 'Manage' tab and select the 'Mark Exit' option.

Choose the employer from the drop-down option.

On the new page, enter the date of birth, joining date, and exit date, mentioning the exit date as mentioned in the resignation or company leaving letter.

You can check the exit date by clicking on the 'Service History' option under the 'View' tab after logging into the UAN portal.

Online Application

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To apply for EPF withdrawal online, you'll need to visit the UAN portal. This is the first step in the process, and it's a crucial one.

The UAN portal is where you'll log in with your UAN and password, enter the captcha, and click on the 'Sign In' button. This will take you to the next step in the process.

Once you're logged in, you'll need to click on the 'Manage' tab and select 'KYC' to check if your KYC details such as Aadhaar, PAN, and bank details are verified or not. This is an important step, as you'll need to have your KYC details verified in order to proceed with the online application.

After verifying your KYC details, you'll need to go to the 'Online Services' tab and select the option 'Claim (Form-31, 19, 10C & 10D)'. This will take you to a new page where you'll need to enter your bank account number and click on 'Verify'.

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The next step is to click on 'Yes' to sign the certificate of the undertaking and then proceed. This is an important step, as you'll be agreeing to the terms and conditions of the online application.

Once you've signed the certificate, you'll need to select the claim you require, such as full EPF settlement, EPF part withdrawal (loan/advance), or pension withdrawal. You'll also need to select the purpose of the advance, the amount required, and the employee's address.

To make the process easier, here's a step-by-step guide to filling out the online application:

  1. Visit the UAN portal and log in with your UAN and password
  2. Click on the 'Manage' tab and select 'KYC' to verify your KYC details
  3. Go to the 'Online Services' tab and select the option 'Claim (Form-31, 19, 10C & 10D)'
  4. Enter your bank account number and click on 'Verify'
  5. Click on 'Yes' to sign the certificate of the undertaking and then proceed
  6. Select the claim you require and fill out the necessary details

Remember to carefully review the terms and conditions of the online application before submitting your claim.

Required Documents

To initiate the EPFO online PF withdrawal process, you'll need a few essential documents. Your Universal Account Number (UAN) is a crucial identifier, so make sure it's readily available.

A filled withdrawal form is also necessary, but we'll get into that later. For now, focus on gathering these documents. Your UAN is a unique identifier for EPF withdrawal.

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You'll need to provide bank account information, including your account number and IFSC code. This will help facilitate the seamless transfer of the EPF amount. Include valid identity and address proof documents to verify your credentials.

A canceled cheque with your IFSC code and account number is also required. This will streamline fund transfers and ensure a smooth process. Your bank account details must match the information on your canceled cheque.

Here are the required documents in a concise list:

  • Universal Account Number (UAN)
  • Bank account information (account number and IFSC code)
  • Identity and address proof documents
  • Canceled cheque with IFSC code and account number

Make sure to double-check your documents before proceeding with the EPFO online PF withdrawal process.

PF Withdrawal Types

PF withdrawals are categorized into various types, each serving specific purposes. There are three main types of PF withdrawals: PF final settlement, PF partial withdrawal, and Pension withdrawal benefit.

To withdraw the full PF amount, you need to submit Form 19 for EPF withdrawal and Form 10C for EPS withdrawal, either online or offline, based on your preference.

Here are the three main types of PF withdrawals:

  • PF final settlement
  • PF partial withdrawal
  • Pension withdrawal benefit

Note that partial withdrawal of EPF balance can be made only under certain circumstances, and the limit of withdrawal is also different for different circumstances.

Full Amount

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You can withdraw the full PF amount, but there are certain conditions that apply. You need to submit Form 19 for EPF withdrawal and Form 10C for EPS withdrawal, either online or offline, based on your preference.

To be eligible for full PF withdrawal, you must be at least 58 years old, as this is the retirement age. However, if you're retiring early, you can withdraw the full amount if you're at least 55 years old.

You can also withdraw the full PF amount if you've been out of work for two months or more. In this case, you'll need to declare 'unemployed' in your PF withdrawal request form.

Here are the specific reasons and conditions for full PF withdrawal:

Note that these conditions and reasons are subject to change, so it's essential to check the latest information before making any decisions.

Partial

Partial withdrawals from the EPF account can be made for various reasons, such as medical emergencies, home renovations, or education expenses.

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There are several types of partial withdrawals, including for medical purposes, where you can withdraw up to six times your monthly basic salary or the total employee's share plus interest.

For education expenses, you can withdraw up to 50% of your employee's contribution to the EPF, but only after 7 years of service. The same limit applies for wedding costs.

In case of unemployment, you can withdraw up to 75% of your PF account balance if you're unemployed for 2 months.

Here's a list of partial withdrawal reasons and their corresponding service periods:

You can withdraw up to 90% of your accumulated balance with interest for partial withdrawal before retirement, but only after you reach 54 years and within one year of retirement or superannuation.

Tax/Tds on

You can withdraw your EPF amount online through the EPFO portal, and it's a relatively straightforward process. The EPF withdrawal process is governed by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.

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If you withdraw your EPF amount after completing five years of continuous service, it's tax-free. However, if you withdraw before completing five years, the amount is taxable.

To avoid TDS, you need to provide your PAN card details. If you provide your PAN card, a TDS of 10% will be deducted from your EPF withdrawal amount. Without a PAN card, a TDS of 30% will be deducted.

Here's a summary of the TDS rates:

Note that you can avoid TDS by submitting Form 15G (for individuals below 60 years) or Form 15H (for individuals above 60 years).

Claim and Settlement

To withdraw your PF online, you'll need to access the EPFO e-SEWA portal and log in with your UAN and password.

You can choose to withdraw your PF using the Composite Claim Form non-Aadhaar, if your Aadhaar number is not linked on the UAN portal. This form requires your employer's attestation and can be submitted to the respective jurisdictional EPFO office.

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The online claim process involves several steps, including accessing online claims, verifying your bank account, and agreeing to the EPFO's Terms and Conditions.

To fill out the EPF Form 19 for final settlement, you'll need to provide essential details such as member information, employment history, and mode of payment.

You'll also need to undergo online filling steps like UAN login, bank account verification, and Aadhaar OTP verification.

To choose the right reason for your PF withdrawal, select from the dropdown menu, which will only display the options you're eligible for.

Here are the key steps to follow for online PF withdrawal:

  • Portal Login: Access the EPFO e-SEWA portal, log in with your UAN and password, and complete the captcha verification.
  • Access Online Claims: Once logged in, navigate to the ‘Online Services’ section and select ‘Claim (Form-31, 19, 10C & 10D)’.
  • Verify Bank Account: You'll need to enter your bank account number (linked with UAN) for verification.
  • Agree to Terms & Conditions: Verify your details, then read and agree to the EPFO's Terms and Conditions before clicking on ‘Proceed for Online Claim’.
  • Choose Withdrawal Reason: Select the appropriate reason for your PF withdrawal from the dropdown menu.
  • Aadhaar OTP Verification: Request an OTP, which will be sent to the mobile number linked to your Aadhaar. Enter this OTP to submit your claim application successfully.

Status and Timeline

To check the status of your PF withdrawal claim, log in to the UAN portal using your UAN and password. You can also check the status online by logging into the EPFO portal and navigating to the 'Track Claim Status' section.

The online PF withdrawal process typically takes around 10 to 15 days, but the exact duration may vary based on the completeness of documentation and verification processes. This is a significant improvement over the traditional process, which may take up to 4 weeks.

Here's a breakdown of the timeline for PF withdrawal:

How Long Does It Take?

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You can withdraw your entire or partial EPF, and the process is relatively straightforward.

It may take between three to four weeks for your PF withdrawal request to be processed, with the money reaching your account between 20-30 days. This timeframe can vary depending on several factors, but it's a good idea to plan accordingly.

The online PF withdrawal process is generally faster, taking around 10 to 15 days. However, the exact duration may vary based on the completeness of documentation and verification processes.

Status Check

To check the status of your PF withdrawal, you can log in to the UAN portal and click on the 'Online Services' tab, then select 'Track Claim Status'. This will give you a clear picture of where your claim stands.

The online PF withdrawal process typically takes around 10 to 15 days, but the exact duration may vary based on the completeness of documentation and verification processes. This timeframe can be a bit unpredictable, but it's good to know what to expect.

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You can also check the status of your PF withdrawal online by logging into the EPFO portal and navigating to the 'Track Claim Status' section. This is a straightforward process that can save you time and effort in the long run.

It may take between three to four weeks for your PF withdrawal request to be processed, which means your PF amount would reach your account between 20-30 days. This is a general guideline, but it's essential to be patient and allow the necessary time for your claim to be processed.

Here's a step-by-step guide to checking your PF withdrawal status:

  • Visit the official portal of EPFO and log in
  • Click on the ‘Our Services’ tab and from the drop-down menu and select the ‘For Employees’ tab
  • Click on the ‘Know Your Claim Status’ option
  • Enter your UAN and the Captcha code
  • Enter the required details like the state of the PF office, establishment code, respective PF office and PF number
  • Click on ‘Submit’ to check the withdrawal status of your PF

Frequently Asked Questions

How can I withdraw my PF completely online?

To withdraw your PF completely online, log in to the EPFO member portal, navigate to 'Online Services,' and select 'Claim (Form-31, 19 & 10C)' after verifying your bank account details. Ensure your UAN is activated and linked with Aadhaar, PAN, and bank details for a smooth online claim process.

How many days for PF withdrawal online?

PF withdrawal online typically takes 15-20 days to process and credit the amount to your bank account

Can I withdraw 100% of PF?

You can withdraw 100% of your PF corpus only after you retire at 55 years old. However, you can withdraw 90% of it one year before retirement.

What is the meaning of EPF withdrawal?

EPF withdrawal refers to the process of taking money out of an Employee Provident Fund account. This can be done partially or completely under specific circumstances, such as retirement, unemployment, or medical emergencies.

Aaron Osinski

Writer

Aaron Osinski is a versatile writer with a passion for crafting engaging content across various topics. With a keen eye for detail and a knack for storytelling, he has established himself as a reliable voice in the online publishing world. Aaron's areas of expertise include financial journalism, with a focus on personal finance and consumer advocacy.

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