Provident fund withdrawal: Thinking of withdrawing your money? Here is when and how you can do it

Provident fund withdrawal: Almost every salaried person contributes 12 percent of salary every month towards their Employees' Provident Fund (EPF) which is a popular savings scheme introduced by the Employees' Provident Fund Organisation (EPFO).

Both the employer and employee contribute 12 percent of employee’s basic salary and dearness allowance (DA) to the EPF account. Generally PF is withdrawn after an individual retires from his service.

 

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https://unifiedportal-mem.epfindia.gov.in/memberinterface/ and login using UAN and password.

2: Click on ‘Manage’ and select KYC to check if your KYC details are correct and verified.

3: Go to ‘Online Services’ and from the drop-down menu select the option ‘Claim (Form-31, 19 & 10C)’.

4: The member details, KYC details and other service details will be displayed on the screen. Enter the last four digits of your bank account and click on ‘Verify’.

5: Click on ‘Yes’ to sign the certificate of the undertaking and then proceed.

6: Click on ‘Proceed for Online claim’.

7: Select the required claim under the tab ‘I Want To Apply For’.

8: Select ‘PF Advance (Form 31)’ to withdraw your fund and then provide all the required details.

9: Click on the certificate and submit the application.

10: The employer will have to approve the withdrawal request after which the amount will be received by the individual.