I have created many videos on Employee Provident fund on my youtube channel Sab Kuch Online and received many questions through comments about “How To Withdraw PF when the company Close?”
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| Know How To Withdraw PF When The Company Close? |
So I thought I must write about it and tell the process about How to withdraw or transfer pf when the company close. In this, there would be two scenarios:
1: If You are currently working in any Company / Establishment.
2: You are not working in any Company / Establishment.
1 – If You are Currently working in any Company or Organization
If you are currently employed with an organization and you have not withdrawn/transferred your pf of previous organization which closed now. In that case you have to follow these steps to withdraw or transfer your pf of the company which is closed now:
a. Check your current UAN is active or not (ideally it would be one uan for all the companies but in many cases where KYC not completed and due to mismatch data another UAN generated).
b. If your uan not activated than activate your uan and login into UAN member area.
Also Read: How to Activate Your UAN Number
c.Check uan KYC Completed or not and your aadhaar, PAN and Bank details Verified or not. If KYC not yet completed and verified than complete it.
d. If the closed company uan number is different from the current uan in that case club your previous company uan into current uan.
You may watch this video to know how to Club Multiple UAN Into Single UAN
Be careful while selecting the employer who can verify it, select the current organization who can verify your uan so that it can be easily clubbed and your previous company uan and pf will be merged with the current uan.
e. Now You can withdraw or transfer your pf online or offline.
If you want to withdraw or transfer your pf online watch this video and follow the process shown in this video.
If you want to withdraw or transfer your pf offline in that case you have to fill composite claim form (Aadhaar) in this form you no need to get the form signed by employer and deposit or send to your EPFO Office.
To know more about Composite claim form, how to fill composite claim form (Aadhaar), what are the documents to be attached with the composite claim form aadhaar
2- You are not working in any Company / Establishment.
If you are not working in any company / Establishment and your company closed, in that case, follow these steps to withdraw your pf from the company close:
Here also two scenario A & B.
A: You have UAN and your KYC completed and verified on UAN portal.
B: Either you don’t have UAN or You have UAN but Your KYC not completed and not verified on UAN Portal.
A : You have UAN and your KYC completed and verified on UAN portal.
In this scenario follow these steps :
a.Login into your UAN member portal.
b. As your KYC completed than go to claim section and apply for withdrawal and fill the Form 19 and 10c online for full and final withdrawal of PF and Pension amount.
Watch this video and follow the process shown in this video to know the Complete Process of Online PF withdrawal.
c. IF Date of Exit not mentioned in your PF. In that case, you have to fill composite claim form (Aadhaar). In this form, you no need to get the form signed by the employer. You can deposit or send Form directly to your EPFO Office.
To know more about Composite claim form
- How to fill composite claim form (Aadhaar)?
- Documents required with the composite claim form (aadhaar)?
B: Either you dan’t have UAN or You have UAN but Your KYC not completed and not verified on UAN Portal.
In this scenario follow these steps :
1. You have to fill the composite claim form (Non-Aadhaar), in this form and supporting documents of your kyc you have to get attested by any gazetted officer or Manager of Bank (PSU preferred or where you have a saving account) or Magistrate or Post Master or Notary.
To know more about Composite claim form, how to fill composite claim form (Non-Aadhaar), what are the documents to be attached with the composite claim form non-aadhaar
2. Write a letter to regional EPFO stating the reason for not getting attestation from an employer (in your case it will be company closed).
3. Send the filled form to regional EPFO along with all the required documents and letter.
You may watch this video to Know How To Withdraw PF When The Company Close
Also you may Read:Employee’s Pension Scheme 1995 के महत्वपूर्ण नियमों को जानें
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Related Posts :
How to Know Your UAN Number Without PF Number
How to Activate Your UAN Number
EPF Advance Withdrawal Rules Revised 2018
Provident Fund : Composite Claim Form Aadhaar and Non Aadhaar (2018)
Related Posts :
How to Know Your UAN Number Without PF Number
How to Activate Your UAN Number
EPF Advance Withdrawal Rules Revised 2018
Provident Fund : Composite Claim Form Aadhaar and Non Aadhaar (2018)