EPFO Account Update: How to transfer PF from your old to new employer
EPFO Account Update: After changing jobs or organisations, many employees consider closing their EPF account and starting afresh. However, this may lead to the loss of previous investments. An alternative option is to transfer your EPF account to your new employer. Here’s how you can process the transfer.
EPFO Account Update: Are you concerned about what will happen to your Employee Provident Fund (EPF) account when you change your job or the organisation? If you are unsure whether to transfer it to your new employer, let’s unravel this puzzle in this article. The EPF is a mandatory savings and retirement investment scheme facilitated by the Indian government to secure employees’ retirement.
After changing jobs or organisations, many employees consider closing their EPF account and starting afresh. However, this may lead to the loss of previous investments. An alternative option is to transfer your EPF account to your new employer. Here’s how you can process the transfer:
The Employees' Provident Fund Organisation (EPFO) provides a user-friendly online process for PF transfers:
How to transfer EPF account with UAN
Login: Visit the EPFO official website here and log in using your UAN.
Navigate: Go to 'Online Services' and select "One Member - One EPF Account (Transfer Request)".
Fill and Verify: Enter the required details and verify them.
OTP Verification: Verify the OTP received on your registered mobile number to generate a pre-filled Form 13.
Submit Form 13: Print Form 13, sign it, and submit it to your current employer within 10 days.
Approval and Transfer: Wait for your employer's approval. You'll receive SMS notifications for each approval stage.
Required Documents for EPF Transfer:
- ID proof (Aadhar Card, PAN Card, etc.)
- Details of current and previous employers
- Bank account details
How to check your EPF transfer status:
Sign in: Log in to the EPFO Member Portal using your UAN and password to access your EPF details.
Track Claim Status: Click on “Services” and select “Track Claim Status”
Enter Reference Number: Enter the reference number provided during your application to view your transfer status.
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