10 hidden EPF Rules which will blow your mind

POSTED BY manish ON May 14, 2012 COMMENTS (1,769)

We will discuss few EPF rules today. A small part of your salary (12% of your basic salary) is invested in something called EPF or Employee Provident Fund and an equal amount is matched by your employer each month.

This is what 95% people know, but there are many things which a lot of people don’t know and this article is going to open some not known secrets about EPF rules. So let’s take them one by one in point’s format.

10 hidden EPF Rules

1: You can also nominate someone for your EPF

Do you know that there is also “nomination” facility in EPF? The nominee will be contacted at the time of death of the person and handed over the money from the provided fund. However if nomination is not present (which you should check), it can rise to all sort of issues while claiming money.

There is a form called Form 2 which has to be filled to change or update the nomination. Please contact your company finance department or directly send the form to EPFO department.

2: One can get pension under EPF

Do you know that there is something called EPS (Employee Pension Scheme) in provident fund? The EPF part is actually for your provided fund and EPS is for your pension.

The 12% contribution made by you from your salary goes into your EPF fully, but the 12% contribution which your employer makes, out of that 8.33% actually goes in EPS (subject to maximum of Rs 1250) and the rest goes into EPF. So understand it this way, a part of your employer contribution actually makes up your pension corpus.

But there are some caveats to this.

  • One is liable for pension only if one has completed the age of 58.
  • One is liable for pension only if he has completed 10 yrs of service (in case of more than one companies, the EPF should have been transferred, not withdrawn)
  • The minimum Pension per month is Rs 1,000
  • The maximum Pension per month is subject to maximum of Rs 3,250 per month.
  • Lifelong pension is available to the member and upon his death members of the family are entitled for the pension.

EPF & EPS components

3: No interest is given on EPS (pension part)

You must be thinking that you regularly get compound interest each year on your contribution + employer contribution. But it does not work like that. The compound interest is provided only on EPF part.

The EPS part (8.33% out of 12% contribution from your employer or Rs 1250 whatever is minimum) does not get any interest. At the time of PF withdrawal, you get both EPF and EPS.

4: You might not get 100% of your Provident Fund money

Imagine your contribution + employer contribution has been total Rs 3,50,000 till date. Out of this 3,50,000 , suppose 2,50,000 has gone in EPF , and rest 1,00,000 has gone in EPS (for pension) . Now if you quit your job in 6th year of employment and opt for withdrawal of your Provided Fund money (EPF + EPS actually) , then do you think you will get total 3,50,000 . NO !

That’s because you always get 100% of your EPF part, but for EPS there is separate rule .

There is something called Table ‘D’ , under which its mentioned how much you get at the time of exit from your job, there is a slab for each completed year and you get n times of your last drawn salary (depending on the completed year of service) subject to maximum to Rs 15,000 per month.

So if your salary in this case was Rs 30,000 per month, still you will be given only 15,000 * 6.40 = Rs 96,000.

Table D under EPS

Note that the table D is up to 9 yrs only, because if 10 yrs are crossed, then you are liable for pension.

5: You can invest more in Provident Fund, its called VPF

You can always invest more than 12% of your basic salary in Employee Provident Fund which is called VPF (Voluntary Provident Fund). In this case the excess amount will be invested in PF and you will keep on getting the interest, but the employer is not supposed to match your contribution. He will just invest up to maximum of 12% of your basic, not more than that.

6: Withdrawing of EPF amount at job change is illegal

Almost everyone thinks that withdrawing of your Employee Provident Fund amount after a job switch is totally fine and allowed, however as per the EPF Rules, it’s illegal.

You can only withdraw your Employee provident fund money, only if you have no job at the time of withdrawing your money and if 2 months have passed. Only transfer is allowed in case you get a new job and you switch to it.

While there are no cases where EPF office tracks these things and takes up this matter, still just for your information you should know that if you got a new job and took it and then you are applying for withdrawal, it’s illegal as per law.

What in case of EPS?

In case of EPS, if the service period is less than 10 years, you’ve option to either withdraw your corpus or get it transferred by obtaining a ‘Scheme Certificate’. Once, the service period crosses 10 years, the withdrawal option ceases.

Just for your information, you can withdraw your EPF money without the help of past employer signature by attesting your withdrawal form by a bank manager or some gazette officer. I hope you are clear about EPF withdrawal rules.

7: One can opt out of EPF if he wants

Yes!. I know this might be a surprising fact for many , but if one’s basic salary per month is more than Rs 15,000, he has an option to opt out of PF and not be part of it. In which case he will get all his salary in hand (without anything deducted every month).

But the sad part is that one has to opt out of Provident Fund in the start of his job. If a person has been part of EPF even once in his life, then he can’t opt out of it. So if you have already had EPF in your life.

This option is not for you, but if you are new to job and your PF account number still does not exist, you can tell your employer that you don’t want to be part of Employee provident fund . You will have to fill up form 11 for this.

8: Your EPF gives you some life insurance too

A lot of people might not know that in case a company is not providing group life insurance cover to its employees, in that case the employee is given a small life cover through EPF. This is because there is something called Employees’ Deposit Linked Insurance (EDLI) scheme and your organization has to contribute 0.5% of your monthly basic pay, capped at Rs 15,000, as premium for your life cover.

However companies which already have life insurance benefits to employees as part of the company, are exempted from this EDLI scheme. The bad part of this EDLI scheme is that the life cover under this option is very low and that’s maximum amount of Rs. 60,000. While this is peanuts for most of the people in big cities.

For employees in small scale industries and small cities, this amount of Rs 60,000 will still count something.

9: You can use EPF money can be withdrawn at special occasions

So now you know that EPF withdrawal is not permitted if you are still working. But there are occasions when Employee provident fund withdrawal is allowed.

While you cannot withdraw it fully, you can withdraw a partial amount. Following is a list of events when you can withdraw the Provident Fund amount and the conditions you need to fulfill

1. Marriage or education of self, children or siblings

– You should have completed a minimum of seven years of service.
– The maximum amount you can draw is 50% of your contribution
– You can avail of it three times in your working life.
– You will have to submit the wedding invite or a certified copy of the fee payable.

2. Medical treatment for Self or family (spouse, children, dependent parents)

– For major surgical operations or for TB, leprosy, paralysis, cancer, mental or heart ailments
– The maximum amount you can draw is 6 times your salary
– You must show proof of hospitalization for one month or more with leave certificate for that period from your employer.

3. Repay a housing loan for a house in the name of self, spouse or owned jointly

– You should have completed at least 10 years of service.
– You are eligible to withdraw an amount that is up to 36 times your wages.

4. Alterations/repairs to an existing home for house in the name of self, spouse or jointly

– You need a minimum service of five years (10 years for repairs) after the house was built/bought.
– You can draw up to 12 times the wages, only once.

5. Construction or purchase of house or flat/site or plot for self or spouse or joint ownership

– You should have completed at least five years of service.
– The maximum amount you can avail of is 36 times your wages. To buy a site or plot, the amount is 24 times your salary.
– Can be avail of it just once during the entire service.

10: You can file an RTI application for EPF issues

Did you know that you can file an RTI applicable to get any kind of information regarding your EPF. You can file it if you are facing issues like no clarity about EPF balance, no action taken for your EPF withdrawal or transfer. To find out information about other issues on Provident Fund. I have done a detailed post on how to file an RTI for your EPF issue.

Watch this video to know how to file RTI for EPF withdrawal or transfer issues:

UPDATES

  • In the recent budget 2015, the govt has made it clear that now an employee can choose between EPF and NPS. The employer will have to give this option.
  • Now the new system of UAN is in place for EPF, which has made a lot of things more simpler

Conclusion on EPF rules

The overall Employee provident fund rules are too complicated and very old. A common man does not know all these EPF rules, but knowing these minimum 10 EPF rules will help him in his financial life.

1,769 replies on this article “10 hidden EPF Rules which will blow your mind”

  1. Rishab says:

    Sir, I joined a company on jan 2001 and left job in June2006 but after 1 month I joined again the same company I didnt made any withdrawl also from PF. and my same pf number was continued by my HR.
    But when my employer registered me under UAN the date of joining the organisation mentioned is July 2006 which is also coming in UAN portal my PF balances are showing proper from 2001.
    My question is regarding EPS which date will be considered for that 2001 or 2006.

    1. Hi Rishab

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  2. Y P DAS says:

    Suppose I wish to keep the entire EPF money intact after retirement and do not withdraw, how long I can keep in EPF trust while getting interest

    1. You can keep it for any amount of time !

  3. Naveen says:

    Hi Manish,

    I have transfer my old PF amount to new PF new. But only EPF part is transferred but EPS Part remaining. Please suggest what can I do ?

    1. You need to transfer that too with a separate form

  4. Puru says:

    Hi Manish,

    Useful article but I got below questions –

    I worked in a company for 9 years and now I am moving on.
    I am thinking what to do with my EPS –

    1) If I withdraw what will be my the amount? I have a basic salary of nearly 20,000.
    2) Should I get a scheme certificate and hope to get some pension after retirement? Does this make sense – financially?

    Can you please respond?

    1. Hi Puru

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  5. Nilesh says:

    Hi Manish
    What is we withdraw the EPF when job change is done, is there any taxation involved in it ?

    1. Before 5 yrs if you withdraw you have to pay tax.

  6. Vipul Pandey says:

    may a person earn pf from two different job at same time

  7. MohammedIdris says:

    Dear Manish Chauhan,
    Very Informative Article…
    Almost all my doubts cleared.
    Thank You Sir….

    1. Jagoinvestor Admin says:

      Thanks for your comment MohammedIdris

  8. kprangarao says:

    Dear Sir, Recently i have apply for withdrawal of my pension amount , how many days its taken ,

    1. Generally it takes anywhere from 60 days to 120 days , but being a govt entity its not very defined thing. I suggest that incase you dont get the money in next 4-6 months, in that case file an RTI and ask them about it, This will speedup the process.

      Manish

  9. ManojSRawat says:

    Good information for different options for withdrawal

    1. Thanks for your comment ManojSRawat

  10. Atul says:

    very informative, i have one query. if i have an UAN number and want to use the new Form 10 (UAN), however i want to use a different bank a/c as the bank i was having an account with (as stated during the UAN creation) has shut down. is it possible to do this by giving the cancelled check of the new bank account. Kindly help.

    1. Yes, you need to make the change in your details in UAN KYC details. Contact your employer for that!

  11. RATAN says:

    Can I apply for withdrawing EPF online ? If yes please send me the details of website, where I can apply. If not then where I have to submit the EPF form duly signed, can you please send me the details of postal address.

  12. Ashish says:

    Thanks for the article, it’s very informative . Rq. you to Pls help me as I need to withdraw my PF (EPF+EPS) as I need to purchase house. I have left the job and started up my own institute. I worked with my last comp for 3 yrs. Will I be eligible for getting EPF and EPS . Also if I fill in UAN form do I need to go and take sign from my employer.

  13. Someshwar says:

    Sir,if I quit from my job after 4th year of service n also quit from salaried profession but do not claim for EPS withdrawal at that time so am I able to claim for this after 5years (in total 9years) ?.

  14. Ansari says:

    I have transferred my PF from previous to current employer. I see employee and employer share of previous company only credited, it shows zero contribution in my EPS while transferred. How can i transfer EPS amount also from previous to current company PF account.

  15. Kannan says:

    Hi Manish,

    Downloaded EPF passbook from UAN.

    There is no mentioning about interest credited for the past 3 years, it shows only contribution made by employer and employee.

    Any suggestions on how to get the interest credited

  16. sitesh says:

    Hi Manish,
    I leave in a company on September 2010. I have applied 2 times but they did not help me. Then, 2013-2014 this company bought by another MNC company. I could not applied.
    I have no UAN number.
    So, how can I get my money?
    Please help me if it possible.

  17. syed says:

    How much interest is added in pf amount?

  18. Arun says:

    Dear sir I worked past two years one of the organization due to my personal reason’s without relieving I left the company, ,so how can i withdraw the pf amount kindly clear .

    1. Yes, you can still do it .

  19. Sanjeev says:

    Hi Manish.
    I have worked with an MNC for more than 5 years and have not been working for last 1 month. I, soon, will get a job, if I look for. But I want to complete my graduation now. I request you to kindly help me to understand the withdrawal process of my EPF / EPS or BOTH.

    1. Hi Sanjeev

      To withdraw the EPF, you can always fill up the form 19 and submit it to EPFO office. After few months try to follow up with RTI

      Manish

  20. sachin says:

    Dear Sir, as per new amendment edli insurance given to employee is 6 lakh. Here it mentioned as Rs-60000 only. Please clear to us.

    1. I just gave an example !

  21. GAJENDRA says:

    Dear Sir,
    I have completed 6 years of service in my currebt company. Now I am leaving this organization. I want to transfer EPF but I want to withdraw EPS. Is it possible ? Please help.

    1. Yes I think its possible to do that, try to fill only EPS withdrawal form !

  22. UCD says:

    On retirement can I keep the PF account alive and earn interest
    For how long, is it 3 years ?
    Can I withdraw partial amount during this period

    1. Its always active,

      YOu anyways get pension out of it at retirement !

      1. UCD says:

        The pension option is not available to me

  23. Sanjib says:

    Hi my self sanjib I want to purchase a home. what is procedure to withdraw pf and my recent salary 50000 so how much money withdraw eligiblefor me.

    1. Hi Sanjib

      To withdraw the EPF, you can always fill up the form 19 and submit it to EPFO office. After few months try to follow up with RTI

      Manish

  24. t.raju says:

    sir my name t.raju i will regian my.
    job i worke 2yrs iwill withdral my epf amount

    1. Hi t.raju

      I am not clear on what is your question. Please repeat it with more clarity

      Manish

  25. febin says:

    Hi Manish
    I cant register for UAN,coz there is mistake in my DOB filled by my office..So what should I do?

    1. You need to get it corrected by filling up the correction form

  26. albina says:

    Hi Manish,
    I have worked in a firm for almost 3 years and quit for personal reasons. Will i get a complete withdrawal for my PF (including EPS).I have applied recently for withdrawal.

    1. Yes, you will get it .

      But , only if your company has deposited it with EPFO 🙂 . At times small companies do this kind of fraud

      Also the amount which you will get (if you get) will be taxable in your hands

  27. Kumar says:

    Hi Manish,

    I would like to withdraw my EPF amount. I have 5 years of experience and left job 2 months back and currently not working.Is 10c form mandatory to withdraw EPF amount or form 19 is enough?
    Please suggest

    1. Hi Kumar

      To withdraw the EPF, you can always fill up the form 19 and submit it to EPFO office. After few months try to follow up with RTI

      Manish

  28. DIMPLE says:

    Hi My problem is that i Have UAN no. and i want to check my PF fund in E.Book. my registered mob. no has not been working and i have another mob. no. i have tried many times to registerd online but UAN helpdesk has not taken .

    Pl. help me how to registered the mob. no. and check my fund.

    1. Hi DIMPLE

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  29. David says:

    Hi! I have completed 5 year and 10 months of work experience and now I choose to do my Masters program. Keeping in mind the 2 month rule. I would like to withdraw my PF after 2 months post which I would be studying and not employed. Would I be able to withdraw my complete PF amount?

    1. Yes, you will be able to take our 100% amount from your EPF

      1. chaitanyakatiki says:

        How to get pension scheme amount .I have transfered my epf amount and its successful.please tell a solution to get pension scheme amount also into my new epf account.

        1. You can fill up form 10C for that !

  30. Satish says:

    Hi Manish,

    I am working in a private company and completed 11 Years 6 months, Now, I want withdrawal complete PF amount to purchase the flat in Bangalore, Please inform whether I can withdraw 100 % amount ? also inform me how can I withdraw the PF amount ?

    1. No , you cant withdraw if you are still employed !

  31. J.P.Unny says:

    Sir,
    I have completed 58 years and superanuated and contributed to pf pension for 8.5 years only. Please inform whether I am eligible for pension.

    1. No, unless you complete 10 yrs in EPF, you are not eligible for pension

  32. sudhi says:

    Sir, my relative working in a education institution is now above 60 years. He wants to withdraw full PF money. But he is still working. Can he withdraw ? If so then what is the procedure and what forms need to be fulfilled. Can he apply online ? Kindly advise us.

    1. He cant withdraw unless he is unemployed !

  33. Nisha says:

    Hi Manish

    If somebody has worked in c same company for more than 10 years and retired at 58. But during service money has been withdrawn from d pf account, will d person be eligible for pension on retirement

  34. Ashish Kumar Mishra says:

    Hi Manish ,
    Thanks for putting the info so clearly.
    I have transferred my EPFO amount ( at that time no UAN ) to my current account (the UAN account) .

    Will we get EPFO interest on the total amount under an particular UAN number ?
    or We will get only for the current account for which my monthly deduction is happening ?

    1. Thats your current EPF account,, make sure you transfer all you EPF to current EPF only then you will get the interest. Else the other accounts gets inactive after 3 yrs of inactivity

  35. Chetan says:

    Hi Manish,

    I worked in my previous company and left job in jan 2016 . I applied for PF withdrawal in Feb 25th 2016 and now i got a new job on May 25th 2016. Still my previous company has not filed for withdrawal. So if filed now can i get the PF amount while working.

    1. Its a mistake then from your employer. Check for their accountability . Now if you do it again, I dont think it will be successful

  36. rachit says:

    hi manish
    my 5.2 year complete in a company after that i am withdrawal my PF but only EPF amount was received. can i withdrawal my EPS amount if yes than whats is the procedure or how much it will take time

    1. You need to fill up a separate EPS withdrawal form !

      1. rachit says:

        i am filled both together before 2 year. after 2 month only EPF amount was receive EPS amount still not receive pl suggest how much it will take time

        1. In that case, you should raise a RTI for this, Because EPF and EPS should have came together like I got it both after 2 yrs.

  37. AS says:

    Hi Manish,

    I resigned after completing 5 years of service with a company that I joined right after college. Now I am going to move to the US for graduate education (Master’s). Can I withdraw both the EPF and EPS portions? Do I have to wait for 2 months before applying for withdrawal?

    1. Yes, only after 2 months of unemployment you can apply for withdrawal !

  38. suresh says:

    Hi Manish,

    I have completed the 10 of service and I have quit the Job and started new business, I am having 4.95 lacks in my PF account and it includes both (EPF+EPS) (305453+189673). Please let me know how I can withdraw the total amount, I am not looking for pension; I want to take out the maximum available amount. Approximate how much I will get back?, please advice?

    thanks
    suresh

    1. Then you need to withdraw both of that separately !

    2. suresh says:

      Thanks Manish,

      Please let me know how much amount i will get back(Approximate).

      thanks
      Suresh

  39. Nilesh says:

    Hi Manish,
    Please Help….!!!

    I’ve worked with MNC till 10 year with My PF a/c Active, now company stop work and taken forcefully resignation, also completed our process for withdraw PF. I’ve received my PF amt also. My Age is 36 year. Joined on 2-Oct-2004, Resigned on 19-Dec-14 .

    1) Now i am eligible for Pension?
    If Yes then
    2) what is calculation for that.
    3) What is process for get the pension.
    BR// Nilesh

    1. 1. You will be eligible once you cross 58 yrs of age

  40. Srinivasan says:

    Hi Manish

    At the age of 58 if I want to withdraw PF money whether entire PF (EPF+EPS) money will be given right..? or only EPF money is given after 58. Please suggest

    1. If you have completed 10 yrs of job, then EPS amount will not be given, but pension will be given

      Else you will get EPF+EPS both

  41. Brijesh says:

    Hi Manish
    Just want to know how much amount will I get if my total PF balance is low from 36 Times of my basic salary. will I get total amt from Pf or is there any Cap limit Or percentage

    1. IN that case you will get full amount !

      1. Brijesh says:

        Thanks Manish for yor reply

  42. sonia says:

    Hi Manish,

    please clarify on following:

    1) EPS automatically gets transfer if an individual opts to transfer EPF to new PF account. Is it correct?
    2) In case an individual opts to withdraw EPF then what happens to EPS? does it get paid along with EPF automatically ? is there a way wherein an individual can withdraw EPF and transfer EPS service year only to next company account?
    3) How can we apply for a Pension certificate?

    Thanks

    Sonia

    1. 1. No, you fill another form to transfer EPS along with EPF transfer form

      2. I think I have already answered it

      3. What is pension certificate ?

      1. Divyaa says:

        Hi Manish,

        Which form is to be used to transfer EPS along with EPF? Is this form available online?

        Thanks,
        Divyaa

  43. Harsh says:

    Hi Manish,

    When the govt will credit interest for the financial year 2015 – 16 in our EPF account, we are already in JUNE?

    1. Hi Harsh

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  44. Umesh Pimpale says:

    Hi Manish,
    Thank you so much for this nice & informative article. I have few doubts about Provident Fund
    1) As per point 9, I can withdraw amount (upto 6 times of salary) for Medical treatment for Self or Spouse. How can I withdraw and what’s the procedure?
    2) I already transferred previous PF to current PF account as per rule, EPS (pension part) not transferred, only service details are getting transferred. How can I check whether my service details are correctly transferred or not?

    I hope you will clear my these doubts.

    1. Hi Umesh

      1. The process might be a bit complicated. You should check that with EPFO

      2. For that, you should use RTI tool to find information

      1. Umesh says:

        Thanks Manish, for your reply.
        I considered it will be an easy task. to check about service details.

        1. Thanks for your comment Umesh

  45. Samkhan says:

    Im in my sixth year of employment and would be transferred to a foreign location of the same employer

    In this case my 100 % salary will come from the new office and ill not be on indian payroll

    In such cases ( either short term or long term) what happens to the existing pf account. .?

    1. In that case it will become inactive after 3 yrs

  46. Saurabh says:

    Hi Manish,
    Could you please tell me is there any maximum amount that will go to Pension Fund? I’ve heard its 541 p.m. (Rs.6500/yr).

    That’s
    Employee Cont. Employer Cont. EPS
    2000 1459 541
    3000 2459 541

    1. Yes thats correct

  47. SAURABH says:

    Hi Manish
    Need help and want to know, What is the restrictions in PF withdrawl , if once PF has been with drawn for purchase of house, Can we with draw PF again to repay the builder last installment + registry changes, if withdrawn of PF is done in just 1 year 4 months.

    SAURABH JAIN

    1. Thats allowed just one time (for home purpose)

  48. Gopal says:

    Hi Sir,

    I have been working for an MNC for over a year, and have been contributing towards PF (this is my 1st job). I plan to switch jobs, but the new organization is much smaller in scale. It does not have a PF component in the salary offered, which makes me a bit uncomfortable. I have a few doubts:

    1. Is this legal? Is it not mandatory for all companies with more than 20 employees to have a PF contribution component?
    2. In case I do plan to accept the offer, what happens to my current PF (I believe it is illegal to withdraw while switching jobs, even though it is widely practiced and not regulated)?
    3. Can I ask the employer to make a contribution for me and make an exception?

    Kindly advise.

    1. 1. No , its not legal

      2. You can transfer it later or withdraw because there is no other EPF account to transfer it

      3. Try it, if they accept its great !

  49. Prashant says:

    What is “wages” ? in 36 times the wages !
    Wages = Basic salary? or “Net pay” or “Gross pay”

  50. prashanth says:

    How I can get the EPS balance details.

    1. Hi prashanth

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

    2. Tousi says:

      You can check your EPF and EPS balance using your UAN no in the following site: http://uanmembers.epfoservices.in/index.php?accesscheck=%2Fhome.php

  51. Tamanna says:

    Hi I am not working from the past three months and requested for OTCP, just to get the actual benefit of EPS but my previous employer did not approved my claim yet. Is anyone pls suggest what should I do… I have requested N no. Of times. Present employer has approved it and I also opted for present employer while filling form 13.

  52. Suneet says:

    Hi Manish,
    Can you pl. clarify, what exactly are the current rules of EPF withdrawal restrictions? I see so many different versions in media currently. Adding to the confusion is, the rules are also being modified..

    1. As per current status, there is no restrictions !

  53. ankita says:

    when PF intrest for 2015 to 16 is credited. exact date? or its already credited?

  54. Arun says:

    I have changed jobs twice, my EPF account with the first employer was linked to UAN at the time of UAN generation, thereafter I linked my second pf account on their site with the UAN. Do I have to transfer the money to get interest credit in my pf account?

    1. Its always a good idea to have all your EPF transferred to current one. else old accounts will become inoporative !

  55. Somnath says:

    Hi Manish,

    Thanks a lot for the detailed information!

    I have a question… I had transfer my EPF Account twice from my old organization to new organization(after 2.5 yrs and 2 yrs each) and I opted for EPF transfer for both of the job switch, but when I checked my PF statement, It is seen that only Employee contribution & Employer Contribution towards Provident fund has been transferred and in column of Employer contribution towards Pension fund showing zero.

    1. Doesn’t the EPS amount get transferred along with the EPF amount
    2. Where can we check the complete EPS amount credited till date in my account, as mentioned above passbook shows zero in transfer cases.

    Many Thanks in advance!

    Regards,
    Somnath Lolge.

    1. 1. I think it should have happened, its better to now ask for it using RTI, otherwise you will not get the right answer for a long time

      1. Somnath says:

        Thanks Manish,

        I saw this statement on above article,

        “However in case of EPS, if the service period is less than 10 years, you’ve option to either withdraw your corpus or get it transferred by obtaining a ‘Scheme Certificate’. Once, the service period crosses 10 years, the withdrawal option ceases”

        What is a “Scheme Certificate”, do we need to provide that along with transfer application? from where we can obtain it? I haven’t submitted that in my case, can that be a reason showing the amount as zero?

  56. Mani says:

    Thanks

  57. manmohan says:

    I completed 9 years and 8 months of job. Presently I resign from company. I want withdraw my pension. It is possible?

    1. Yes its possible. Do it before it completes 10 yrs !

  58. mukta says:

    hi Manish,
    if I am working in a company for more than 10 years. And take retirement after that. Can I withdraw complete EPS amount?
    is allowed to opt out of pension after 58?

    1. No , you cant take that amount. You will get pension only !

      1. mukta says:

        thanks for your reply.however when I saw below link for form 10c,
        http://www.planmoneytax.com/epf-pension-rules/
        it says
        WITHDRAWAL BENEFIT IS NOT ADMISSIBLE IF
        MEMBERSHIP IS LESS THAN 180 DAYS EXCLUDING NON CONTRIBUTING PERIOD.
        for 10 c does not mention that employment should be less than 10 years. below is mentioned in for 10 C
        8.
        Are you willing to accept Scheme Certificate
        in lieu of withdrawal benefits Yes No

        1. Hmm.. I am not aware of that rule actually !

  59. Yasin says:

    I do have the Pf account number but i unable to check the pf status,i dont know what the issue kindly did u have any idea with this

    1. Hi Yasin

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  60. Manikandan says:

    Hello Manish,

    I worked for a company for 5 year and 1 month, left on November 2015. now am working for another company. I want to know can i withdraw my pf amount and will i get the complete amount including EPS. Thanks in advance

    1. You can only transfer your EPF as you are not unemployed!

  61. naveen says:

    I worked in infosys,hyderabad for 4 years. Right now I am in Delhi, to get my EPS amount,can i put form in delhi EPFO office.

    1. Not anywhere. You can only put the form in the EPF office which has jurisdiction of your working place !

  62. Mukul says:

    Dear Manish,

    Thanks for the article. With respect to Point No.8, One can opt out of PF ! Lets take 2 cases

    1) Person X is working with a company having basic salary less than 15,000/- and is getting PF deducted as per norms. Now he shifts his job to another company where his basic salary is above 15,000/- and now he doesn’t want is PF to be deducted.

    2) Person X’s basic salary is less than 15,000/- and is getting his PF deducted as per norms. He gets a promotion and his salary is above 15,000/- and now he asks company to opt out from PF deduction.

    According to your article he cant opt out in any of the case because he has been registered under PF once, so no matter his basic salary is above 15,000 now. Can you please through some light here by sharing a link of Govt norm or section where we could connect this.

    Also pardon if my understanding has gone wrong in your written article

    1. Hi Mukul

      At the time of writing the article, I came across the document with that rule, but now I am not able to locate it back

  63. Venugopal says:

    My self Venugopal i work an organization 3 year and region Sep 2013 .i can withdrawal my pf amt now? joining date- 24/12/2010 to Region Date 15/9/13

    1. Hi Venugopal

      To withdraw the EPF, you can always fill up the form 19 and submit it to EPFO office. After few months try to follow up with RTI

      Manish

  64. DeepakAnand says:

    Hi Manish,

    unfortunately my cousin rest in peace on march 5th 2016 and he is having a PF deposit of over 12lacs, with service of nearly 9 years in IT industry. here the case is Nominee details are missed in office and the amount was not able to withdrawn by his wife.
    how can we get this done to support his wife to get the funds from PF office.

    1. Its going to be a long process now .. If nominee is not there, then wife will have to get succession certificate from court proving herself to be one of the legal heirs (prove that no will exists) . Catch a lawyer I must say !

  65. Tushar says:

    Hi,

    I am Tushar.. I am working since last 3 years, my question is what is pension contribution and should i withdraw my pension contribution after resign my company

    1. You need to fill up the withdrawal form for EPS and submit it to EPFO

  66. Vicky says:

    Hi Manish,
    I am more than 9 yrs experienced and still in service. I just want to confirm if I can withdraw EPS amount. Based on my search, it looks like I cannot as am still in service.

    1. YEs, you can do that !

  67. mukesh says:

    my self mukesh i work an organization 2 year and region march 2013 .i can withdrawal my full amt. of pf with new rool?

  68. Tajinder says:

    Dear sir
    If an employee remain in job, can he get the eps money after nine year and before 91/2 year? What is the procedure to get it? If yes then what would happened after this withdrawal to eps account?
    Rgards

    1. You can fill up the withdrawal form for EPF and submit to EPFO !

  69. Umesh says:

    I am getting error “Request for UAN for this Member Id XXXXX…….XXXXX is already under process.(through ECR)” while checking my UAN status from uanmembers.epfoservices.in this official link. I already had previous UAN number active so Can I link my new Member Id to the same UAN through “List Your Previous Member ID” option?? Please reply.

    1. Hi Umesh

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  70. Khushwant says:

    Hi,

    I applied to transfer my EPF amount from company1 EPF to company2 EPF account. In the mean time I shifted to another company. Claim that I filed earlier through OTCP was settled and amount was credited to company2 EPF account but since I changed company so filed Transfer again from company2 EPF to company3 EPF (this was done after furst claim got settled). This claim request was also settled with in a month.

    But the problem is, whole amount from company2 EPF is not transferred to my current EPF account (company3 EPF). In my UAN online portal, I can see both accounts listed by employer and can download passbook. Company2 EPF account has still balance amount. Ideally I should have single EPF account. Please help, how to get the full amount in my current EPF account. I have tried reaching EPF support though mails, but no reply received as of now.

    Thanks
    Khushwant

    1. Hi Khushwant

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

      1. Khushwant says:

        Hi Manish,

        Thanks for your prompt response. I will follow your suggestion to get more details from EPFO.

        Regards
        Khushwant

  71. Padmavati says:

    Dear Sir,

    With my Previous Employer1 I see I have 30000 Rs as Pension Fund and I have served 4.5 Years and I am able to manage transfer my PF amount

    With my Previous Employer 2, I see I have 15000 Rs as Pension Fund and I have served 3.5 Years and I am able to manage transfer my Pf amount

    With Current Employer 3, I see I have 15000 as Pension Fund and I am serving 1.5 Years

    Overall I see 60000 Rs for 9 years of Service Length (3 Different Employers)

    I will get this 60000 Rs anytime ? Do I need to follow any procedure to get this amount?

    Thanks
    Padmavati

    Thanks

    1. You can fill up the withdrawal form to take the money if you want

  72. Arpit says:

    Hi Manish,

    I worked in a company for 1 year (Aug2013-Jul2014) which had PF scheme. Then I switched to a company which do not provide PF facility.
    I wanted to know following:
    1. If I withdraw PF now, will it be taxable ? After what time will it become tax free?
    2. Do i have to keep depositing money in the PF account myself to keep receiving interest on the employer contribution as I wont be able to withdraw before 58 years?
    3. Is it possible to withdraw EPS or not?

    Thanks,
    Arpit

    1. You can withdraw EPF+EPS if you want, but if you do it before 5 yrs, it will become taxable

      No , you cant put money from your side manually .. but anywyas you will get interest in the full amount till 3 yrs !

  73. RISHIKESH says:

    Sir,

    First of all we thank for clearing our doubts in EPF.

    1st I was worked in pvt concern. There my EPF amount was

    Employee share – 22319

    Employer share – 6836

    Pension contribution – 13894

    Total – 43049

    Then i resigned my job and joined in another company. I transferred my above said EPF amount to my current EPF account. In that Employee share – 22319 & Employer share – 6836 got transferred. But the Pension contribution – 13894 was not transferred.

    Kindly explain that why pension contribution not transferred to my current PF account. And is there any problem in my pension contribution transfer where i should ask for this payment. Kindly suggest sir.

    Regards,

    Rishikesh

    1. Hi RISHIKESH

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  74. rajni says:

    Hi Manish,
    I worked with a company for 5y 2 m..Now will i be eligible to withdraw the whole PF & Pension fund or do i need to wait till 10 yrs to withdraw the pension fund?

    If yes with what reason can i withdraw the pension fund.

  75. Babu says:

    Hi Manish,

    I have worked in a MNC for 7 years and quit my job 3 months back and currently not working.
    My PF Balance:
    EmployeeShare – 294079
    EmployerShare – 220689

    As per new rule Is it possible to withdraw my PF balance? Please provide info as it is very urgent.

    Thanks in Advance
    Babu

    1. Yes, you can withdraw . But employer share will be locked now till retirement age.

  76. Srini says:

    Hi Manish,

    I have withdrawn my PF from my previous organizations who has less than 5 years of my employment. Did i received the EPS ( Pension amount) also along with PF..? If not, When can i get the pension amount for less than 5 years of employment..?

    Many Thanks,
    Srini

    1. You must have got it if you had filled that form. As of now the only way you can find it out is by filing the RTI

  77. Raj says:

    Hi ,

    I worked for a company for 9 years , Now I want to withdraw both my (ie Employee contribution) and Employer contribution.

    I left the job with hope that I can do some business as I had enough EPF and I am 50 years of age.

    Now after my resignation there is some new rule that you cannot withdraw Employer contribution till 57 or 58 years.
    What is the solution in my case. I am 50 years and not interested in doing any jobs further. And I want to withdraw my EPF Completely. As I cannot wait till 57/58 years.

    Thanks

    1. There is no solution to this.

  78. KousikJana says:

    Suppose I want to withdraw PF amount for repaying Home Loan. My EPF balance is 240000 and EPS balance is 90000. My basic salary is 18000. So how much amount can I withdraw in this case?

    1. You should be able to withdraw 50% of it approx

  79. Gourav says:

    Dear sir
    As per new withdrawal rule we can withdraw employer share at retirement age I
    i. e. 58 yr. Whether employer share can withdraw for house or education or repay of house Loan or Marriage.

    Thanks

    1. Now govt has taken back that new rule . So be happy 🙂

      1. Madhur says:

        Are you saying that the rule implemented in Feb 2016 which restricted one to withdraw full amount from PF has been withdrawn by government . I thought the rule is that employee can only withdraw his contribution while for the other 50% of company contribution can only be withdrawn at 58 years of age . Pls can you clarify , thanks.

        1. Err. I was talking about the tax on EPF withdrawal rule .. that has been taken back , not this locking of employer contri till retirement . sorry for confusion !

  80. JITEN says:

    Really Nice Article… Helped me in solving so many queries regarding EPF…
    I think this document should get printed in some news paper… I m 100% sure so many people dont know EPF in detail and this article will be a great helpful to them 🙂

    1. Glad to know that JITEN ..

  81. Gopal says:

    Dear Manish

    I want to know you that i had completed ten year service and now i am resign from company can i withdraw EPF or EPS both amount. Please suggest me

  82. Dukka says:

    Dear Sir,
    I had joined in A company at 52 years age and retired at 69. I was a regular contributor to EPF up to retirement age 69.There was 6 years service before super annuation age of 58 and not eligible for pension.
    After retirement ,applied for PF with drawal thro form 10C and 19. Received on line reply, form 19 approved and payment under process but form 10C with drawal limit benifit rejected,rejection letter under dispatch.
    They are supposed to pay employer pension contribution along with accrued interest. But not happened.
    Please advice me on this pending amount.Thank you

    1. Hi Dukka

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  83. Zafar Khan says:

    Hi manish,
    Do i have to submit a different withdrawal form foe my EPS balance or it will be done automatically once i submit EPF form 13…?
    Please help.

  84. jigar says:

    HI,

    I want advance PF for my Repair Home, Can i get Pension Amount Also in that ?

  85. Ssharma says:

    Hi,
    I am in URGENT need of help.
    I resigned from my previous job in Mar 2015 and joined new one in april 2015. Now in this company i have resigned in Jan 2016 and currently do not have any other job.
    I have not transferred my previous PF amount to this company and neither current employer have done any linking in EPFO portal. I have UAN already generated from my previous employer.
    Now, I need help in this regards that, can I withdraw previous employer PF amount now and also this employer amount, two being treated as separately?
    Since I have resigned this employer so it does not make sence to transfer previous employer PF to this company.

    I will be pursuing higher education now, hence not got any job till date for next 3 months.

    Please help and suggest.

    Regards
    Ssharma

    1. Hi Ssharma

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  86. Obula says:

    I worked 5 months last company.
    But i cant able to withdraw tha money as well not able to transfer to current ac.
    When i aplaied to trasfer Error details are data not available with RO at previous company.
    Date 01/06/2011 to 21/10/2011.

    1. Hi Obula

      Your cases is a bit complex and I think we are not the right people to comment on it.

      My suggestion would be hire someone who is professional in this area and consult them

      ManishHi Obula

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

    2. Hi Obula

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  87. Rajini says:

    Hi Manish,
    I worked with a company for 5y 2 m..Now will i be eligible to withdraw the whole PF & Pension fund or do i need to wait till 10 yrs to withdraw the pension fund?

    If yes with what reason can i withdraw the pension fund.

    1. Nagendra says:

      Yes.. You can withdraw… Till 9 yrs of tenuity employee can withdraw his EPS.
      Once crossed 10 yrs of service you can’t, because you are liable for pension (Life time)
      EPS withdraw is subject to table D …. You will get 5.28 portion (Basic Salary*5.28)

      Basic salary subject to maximum 15000 PM

    2. You are eligible to withdrew both the things

  88. Shekhar says:

    Hi Manish,

    First of all great Thanks for this article. Clarified many queries that i had.

    Still i have one more concern. I hold Pf since 2007 and i changed job 3 times. I transferred my PF across all 3 companies.

    Right now.. my UAN shows employee and employer share. But is there a way to check my Pension fund so far?

    Thanks,
    Shekhar Iyer

    1. Hi Shekhar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  89. Ajay says:

    Manish,
    Thanks for the post.
    I am in a unique situation. I have 13 years of service and just resigned.
    Is there an option to leave my PF balance with EPFO and still earn tax free 8+% interest or should i withdraw it ??

    if so please explain.

    Thanks much in advance.

    1. YOu cna only earn it for 3 yrs. After the inactivity of 3 yrs, the account does not earn anything and the money just sits there .. so you have time till 3 yrs

  90. amitugale says:

    Hi Manish,

    I had a similar case where I had my previous UAN generated and my current Employer generated a new UAN,
    Since I had linked my mobile number to my previous UAN, I did not use the current employers UAN.
    Now I am not able to link the current PF under my previous UAN as the employer is unable to do that.
    Is there any procedure where I can de-activate my old UAN and activate the new UAN having same mobile number registered? Also how can I do that? Included I can link my previous PF under the new UAN

    1. Hi amitugale

      As of now , I dont know the solution myself !

  91. Arun says:

    I am working in present company since 5 years, I resigned from present company one month back, I am serving notice period for another 1 month, can i take pf amount for plot purchase?

    1. Yes you can do that

  92. pragnesh says:

    can company deduct one side of pf esic if we leave job before 6 months?
    pPlease reply fast

  93. Shraddha says:

    Hi Manish,

    I have completed 23 months in my current organisation and now i am on notice period of 1 month,
    My query is how much approx amount i will get. The calculation as below
    Employee Share : 20.7K
    Employer Share : 6.4K
    Total : 27.1K
    Pension Contri : 14K

    Regards,
    Shraddha

  94. chandrasekhar says:

    Hi Manish
    Glad to find your article regarding .PF pension scheme activated without my knowledge and found recently that my pension is activated .Could you please suggest me for my queries?

    1. Can i quit that pension scheme right know?
    2.is there possibility of withdraw pension amount along with PF amount if i quit pension scheme?

  95. Shakti says:

    Hi Manish,

    Really Very useful article, I have one question after this new rule for PF Withdrawal, I was working from 2013 to 2015 OCT in my previous employer and joined new employer in NOV. Now i want to withdraw my PF amount. Can i do by applying PF withdrawal.

    1. You cant withdraw your EPF unless you are unemployed !

  96. mubeen says:

    my dad was working in HMT ltd in 1960 then he resign the job in 1980 .now his age is 78 years can he get the pension from PF

    1. Yes, check with EPFO

  97. Wasim says:

    After 65 days of leaving the job i applied for Pf. In my passbook showing like”contribution/ withdrawal detail” but till now i did not get the amount till now. Applied on 23rd dec 2015……. When i can get?

    1. Hi Wasim

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  98. Dhanesh says:

    Nicely summarized items.
    I think we shall encourage all citizens of India to enroll for EPF and continue the account with every change of job. Also, it is required to keep checking the EPF statements at periodic basis. RTI is one way to obtain information about your EPF account, but one shall also try the EPF-Grievance portal http://epfigms.gov.in to log their complaints. In some cases, the complaints are answered within 15 days and in some it might take 2 months, but they are bound to provide resolution of the complaints registered.

    Thanks,

  99. Rajesh says:

    I worked in a company for 1 year &1month. Quit job in 2006. Then joined hp , worked for 9 months & quit. The pf amount of hp was withdrawn as soon as I quit. But the previous company the pf is not drawn yet. I applied for of withdrawal last December .
    Question is how much amount I would get in my account if the accumulated pf for 1 year was 7200 , 9years back..

    1. Daroga says:

      Rajesh,

      I am in similar situation but a step behind.
      I changed three employers about 5 years back and have three EPF account from which I still need to withdraw.
      I have couple of question for you if you can help
      How did you apply for withdrawal?
      Is there a place to check how much is in each account. Last time I tried it says it is an ‘Inoperative account’

      Thanks,
      Daroga

      1. RahulDeshmukh says:

        Hi Daroga,
        Through online you can get inoperative account amount transferred to any of your old employers. I have myself done this and amount is credited as well. EPF online services are very good

  100. Varun says:

    I have worked in a company for 4 months.

    They are not telling me my pf account no.
    How can I get it.

    1. Your salary slip does not mention it ?

  101. Shrivardhan says:

    great Article Manishji, Thank You…

    1. Thanks for your comment Shrivardhan

  102. YOEGSH says:

    Hi Manish,

    I have small query, i.e, I worked 9.3 years in one company, Now i will relieved on 14/01/2016 and will join new company on 20/01/2016.

    Is it Legal that i can withdraw my all PF and EPF with current UAN number and can use same UAN for new company?

  103. KRISHNAKUMAR says:

    sir, I am completed more than 2 years and 6 months in the hospital. As i am facing some financial difficulties, can i request some LOAN amount against my EPF to my employer. Please advise.

    1. Ganesh says:

      Yes you can

    2. Yes, you can do that

  104. Shanmuganatghan says:

    in case i quit my job can i withdraw my pf amount with out my company HR-sign

      1. brijesh says:

        what is the procedure to get it

        1. You can fill up form 19 and send it to EPFO office !

  105. Deepak says:

    I am bit confused with EPS withdrawal, if I quit the company between 1 – 9 yrs then I will receive entire EPF but EPS example what it is shown is not clear , I understood the table D but confused between 30,000 and 15,000 salary. Pls explain with proper example.

    Thanks,
    Deepak

  106. kamakshi s says:

    i worked in a private company from the year 1999 to 2004. i received my pf amount.
    for me pf pension is eligible or not. if yes means, how to apply for family pension

    1. YOu will automatically start getting it once you are 60 yrs old

  107. Kamlesh says:

    I am completed my services 10 years but my age is below 50 I am eligible for the pension which form I am sumit 10 C or 10 D please advice.

    1. You are not eligible , you need to first cross the age 56 for that

  108. JigarGada says:

    Thanks a lot Mr Manish Chauhan. It was worth reading!!!!! The article was too the point and gave a clear understanding of the complete EPF rules as well as benefits.

    1. Glad to know that JigarGada ..

  109. Ankit says:

    I got to UAN no one from my previous employer and current one is mistakenly from my current employer. I did all my old pf account transfer to my current one through my old UAN no. Now Question is how to deactivate one of them? and which one should be deactivated old one or new one? I have also seen that my pension contribution from my old pf accounts is not being transferred into my current account and also I have seen slight variation for EPF amount also. Is there any deduction happens while transferring from one account to another.

    1. You need to activate the UAN which is provided by your current employer .

  110. Pranab says:

    Hello,

    I worked for a company for 1 year in 2007 and joined another company in 2008. That previous company is closed now & I have not withdrawn my PF money yet.

    Recently my current employer has added the previous member id to the UAN.

    Question is, can I withdraw the previous PF money now as that is added to the UAN?

    1. shrivardhan says:

      Do not withdraw unless urgency. better apply for online transfer through the OTCP portal.

  111. Mohit says:

    Hello I am working in a private company since 2002(more than 10 years). However i have withdrawn my EPF once in 2013 by giving resignation and after 2 months i joined the same company. Now i want to ask can i take any type of loan against my remaining EPS or can withdraw that money??

    1. From what I understand, you can not withdraw the money, but you can take the loan

      1. Mohit says:

        Do you know the procedure to apply the loan??

        1. No MOhit

          I dont have deep clarity on that. You need to talk to EPF department for that

          Manish

  112. Soumyadip says:

    Hello Manish,

    I have left my first employer on 09/11/2015 and joined the next employer on 18/11/2015. I have informed my new employer about my PF and UAN account number so that they can update them into my details. Now, I can see my earlier employer name is attached with my UAN, while login into the epfonline website, that may be because the first payroll is yet to run and hence the details are not updated. But, I am not so sure.

    My questions are

    1) I want to withdraw the entire amount that is there into my EPF and Pension account. Is this possible?
    2) Along with these withdrawals I want to continue with that same accounts for my new employer. Is this possible?

    Thanks,
    Soumyadip.

    1. YEs, you can withdraw from the current and then provide the same UAN to your new employer .

  113. Snigdha says:

    Hi, I have resigned after 6 years of service and joined a startup which has less than 10 employees. In this case can I withdraw my PF as there are minimum number of employees a company should have before starting PF account.

    1. Yes, you can withdraw it !

  114. rajuk says:

    Hi Manish,

    I have completed 8 years of service in my previous establishment. I have currently been 6 months since resignation
    without joining any organisation and started my own office.

    I wish to withdraw both my EPF and EPS . My query is related to EPS withdrawal

    1) what you suggest withdraw of EPS or kept like that

    3) Please suggest which option is better.
    Regards,
    raju

    1. I suggest withdraw it completely !

  115. Jyoti says:

    Hii,
    I am working in MNC and i want to ask about pension contribution. My PF was started depositing PF from April 2014 and now i want to quit the job. i want to ask how can i get whole amount of PF (including pension contribution.)?

    1. You can withdraw the amount by filling up the withdrawal form

  116. Lavanya says:

    Hi I have 2 years of experience and now im working in different company and my last working day in last company was Oct4th so can I apply for it?

    1. Yes, you can apply for it

  117. shilpa shinde says:

    My company has been meagre with new. MNC co in March.They are deducting my PF contribution from my salary.but till date they have not taken PF No.

    1. You should ask for it then . Or complain to EPFO on this

  118. zaheer says:

    Hi Manish,

    I have completed 10 years of service in my previous establishment. I have currently been 2 months since resignation
    without joining any organisation

    I wish to withdraw both my EPF and EPS . My query is related to EPS withdrawal

    1) As per EPS rules after 10 years of completion of service one cannot withdraw EPS .
    The Govt gives the EPS holder Scheme certificate.

    2) I wish to withdraw only EPF and transfer EPS to next employer. Is this option available ?

    3) Please suggest which option is better. Transfer of EPS or withdrawal in lieu of Scheme certificate.

    Regards,
    Zaheer

    1. I would suggest going with the 2nd option if you are planning to reinvest the EPF part in some good product, else go for 3rd option

  119. tushar says:

    I filled the Ex-Employer withdrawl form and after three month I have received only partial amount.

    What is the reason behind this?

    1. Hi tushar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  120. Rohini says:

    HI,
    I have 9 years of service and quitting my Job by Dec 2015. I’ve been contributing to EPF and EPS all these years. I’m planning to withdraw my EPS amount post December. My question is will the withdraw amount be calculated as 9.88*15000 (which is as per revised amount) or will it be (6500*7.54+ 15000*2.05). Please explain.

    1. Hi Rohini

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  121. Kumaresh says:

    Hi Manish

    Under points 9.3 ,9.4, 9.5 above, it is mentioned that the withdrawal permitted is “x” times the wage. Could you clarify the definition of wage?

    Thanks!

    1. Truly speaking its still unclear to us. I have assumed it to be the basic salary

  122. harish says:

    if service is more than 10 years and left the job without attaining age58 years what will be the amount of pension .

    1. Hi harish

      This is very specific query which you should follow up with the concerned authority only. We wont be able to comment on that

      Manish

  123. Leema says:

    I need to withdraw pension contribution with the PF withdrawal is it possible?

    1. Hi Leema

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  124. Leema says:

    Is it possible to withdraw pension contribution while withdrawing PF amount?

  125. saurabhshree says:

    My period of service is 2. 7 yrs and not in job for 6 months.I have applied for EPF+EPS withdrawaI.I want to ask If i will be given EPS amount apart from EPF?Will there be any deduction made on this money?

    1. Yes, you will be given both of it !

  126. Indranath says:

    Hi Manish,
    I have been working in a PSU for 15 months. Now, I have got another job in Railways, where the employees are covered under NPS. What will happen to my existing EPF account and balance amount? Is it possible to transfer? Please help me out.

    1. I suggest take out that money

      1. Indranath says:

        Thanks Manish. I’ll consider that as my last option because the withdrawal will be taxable.
        In this year’s budget speech, our Finance Minister had announced that the Govt is thinking about a way to switch between NPS and EPF.
        Just let me know whether the matter is finalized and what are the guidelines. Thanks in advance.

  127. dipmala says:

    i had worked for 9 yrs 10 months and then employer has relieved due to closer.
    What i will get, EPF and EPS both or only EPF?

  128. Ashwani says:

    Hi Manish,

    Previously i have 4 PF account due to change of Job and now through PF transfer facility i have transferred all accounts in my current PF account which is linked with UAN. and on UAN Portal EPF transferred amount is showing properly but EPS amount is not transfer to my new account. I checked in UAN protal EPF amount is displayed but Previous EPS (Pension Amount) is not displayed in account.

    So, Please suggest me what can i do for that ? so that i can view my all EPS amount and my total Job duration is 7.6 Year.

    Thanks

    Please reply

    1. Hi Ashwani

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  129. Amit says:

    Hi,

    Is There A Way To Transfer Pension Fund From Previous Employer To The Current Employer? In All My Previous PF Transfers, I’ve Received Only
    The PF Amount. I Am Not Sure Where Do They Keep That Pension Amount. Any Help On The Following Points Will Greatly Appreciated.

    I) Can We Really Transfer The Pension Fund From One Account To Another?

    Thanks In Advance!!!

    Regards,
    Amit TIwari

    1. You just need to fill the form 13 and submit to EPFO

      1. Amit says:

        EPF amount is transferred in my account, but EPS amount is not transfer to my new account. I checked in UAN protal EPF amount is displayed but EPS (Pension Amount) is not displayed in account

  130. riken says:

    I Worked with limited company in last 1.5 years pf amount deducted about 15 months I think amount it will be more than 24000. so I would like to withdraw pf amount now. How many Amount received because this amount Included pension Contribution

    1. Hi riken

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  131. Sandy says:

    Hi Manish,

    I recently moved to a new company. In my previous company pf amount deducted about 18 months I think it will be more than 30000. so I would like to withdraw pf amount now.

    Can I know what are the amounts will it includes (pension/pf etc.) and
    How to withdraw pf amount? specify requirements?
    Shall I get total pf amount ? or else still there will be a percentage amount kept with epfo?

    1. Hi Sandy

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  132. ravi says:

    if i leave a company after 14 years can i able to with draw pension fund amount from my PF account

    1. No , you will get pension only !

  133. AMIYA says:

    I am working now in private sector, EDF is deposited .now i am going to join Coal India Ltd. Where they deposit the PF in their own Coal mines provident fund organisation. IS IT POSSIBLE TO TRANSFER MY ACCOUNT TO THEIR?

    1. Hi AMIYA

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  134. Jetendra says:

    Suppose if we take loan, would there be any interest charges?

    Or being it our money they will give it and we need to pay it back in EMIs?

    Please suggest.

    1. Obviously there will be interest rates 🙂

  135. Amit says:

    Dear Manish,

    I am leaving country (CANADA PR) in Feb 2016, and have completed 6+ years of job.
    I want to know how much of total amount i can withdraw (Assuming 100%, because leaving country forever/ can prove with copy visa/air-ticket).
    And it would be very helpful if you can list-out documents required/Procedure for the same.

    1. vishnu says:

      Hi,

      Pls collect ur UAN number from the employer
      Generate ur password from the link and u can see the clear view or ur PF details in the UAN member portal

      http://uanmembers.epfoservices.in/index.php

      First click the link ” know ur UAN status ” // It will ask some details abour the PF then it will ask to give password for the UAN, / Give proper informations and generate pasowrd.

      Then login with the UAN number as user id and password for the details…

      Rgds,
      Vishnu.

    2. Hi Amit

      Thanks for asking your question. However we do not have answer to your question.

      Manish

  136. Katta Chandra Shekar says:

    From my past company I HV not withdrawn EPS can I do that and how. Pls help

    1. Hi Katta Chandra Shekar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  137. Ravikumar says:

    Hi ,

    If we completed10 yrs we can’t withdraw EPS, but can we withdraw EPF.

  138. BIRENDRASINH says:

    Many changes r made .

  139. Archana says:

    Hi,
    Can I withdraw pf by applying online after assesting the document by employer..

    1. Only if you have UAN

  140. Murthy says:

    Not sure how old is this Article. 2 quick points to note.
    1.EPS: it is changed to 8.33% on basic and upto max 1250, it is no longer 541
    2. As this picture says employer epf will not be 3.67%. It is 12% of basic – eps contribution

    1. Hi Murthy

      Thanks for pointing them out. I have made those changes

  141. Sekhar says:

    i am having 13 years service. while retirement or withdrawing of PF what about EPS? shall I get total EPS on retirement or withdrawing of PF

    1. Hi Sekhar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  142. Deepak Singh says:

    I worked in a private school from 1996 to2010 and was alloted EPF no Now i work in aGovt school and alloted nps Can i claim for old pension and Gpf no.

    1. Hi Deepak Singh

      Your cases is a bit complex and I think we are not the right people to comment on it.

      My suggestion would be hire someone who is professional in this area and consult them

      Manish

    2. Hi Deepak Singh

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  143. Gales says:

    I have heard some where that a PF account that is dormant due to 3 years of inactivity is suspended. However, On transferring the amount, Interest for the whole period is paid too

    Please shed some light on that topic

    1. No its not like that. Once you transfer it , you will then start getting there interest thereafter

    2. vishnu says:

      Hi,

      If an PF accounts is not claimed or transferred for 3 years interest will not be paid after 3rd year and need to contact the pervious employer for more details.

      PF amount needs to be transferred or claimed , or it will be treated as dormant.

      Rgds,
      Vishnu.

  144. siva says:

    yes EPS is revised to 8.33 % or 1250… which ever is lower

    1. I have made that change in article

  145. Kaushal Kumar says:

    The article appears to be Old and not updated. The Rs.6500.00 ceiling has been upwardly revised to Rs.15000.00 and corresponding 8.33% on pay (Rs.541. 00) too stands revised to Rs.1250 00.

    1. Hi Kaushal Kumar

      Thanks for sharing that. The article is updated with this information now

  146. Mallikharjuna says:

    Hi Manish,
    I have completed 7 yrs of service in two MNC’s. after completion of 10 yrs means,I think in both the orginizations.Please correct me if my understanding is not correct.

    Thanks,
    Mallikharjun

  147. Raghu says:

    I worked in a company for 4 years. My last working day with the company was July 1st 2015. Wanted to withdraw my EPF. Heard that now withdrawal is not possible if we join other company immediately. Is it true? As I joined new company in the same week, will I get my EPF if I apply now? Pls answer…

    Thanks

    1. No , you wont . Withdrawals cant be done unless you are unemployed. You can just transfer the EPF

  148. Sujit says:

    After 8 year service, I had withdrawn my EPF before one year but i have never check EPS. But at the time withdrawal , sum amount remain under Pension, So would i claim that amount ? If there is any procedure please let me know.

    Thanks in Advance
    Sujit B | 9930267763

    1. You need to fill up the EPS withdrawal form and submit it to EPFO

  149. Srihari says:

    Hi Sir,

    I have the PF account and currently I am going to join banking sector on 28 Sept 2015. There in the bank we have NPS.We have PRAN number there.

    Do we have a way to transfer the PF balance to NPS?

    1. Hi Srihari

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  150. Pavankumar says:

    Sir in above query I had mentioned may month it mean 2015may

  151. Pavan kumar says:

    Dear sir u have given a wounderful information, I had one query I had left one organisation in 2006 I worked for two year in that organisation I neglected to withdraw or transferring my epf to present organisation, In may month I have submitted in online for transfer but I sent late of hard copy duly signed the employer regected my transferred request what I have to do now

    1. Hi Pavan kumar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  152. Ajay says:

    Very useful article.
    Can one withdraw the PF amount if he/she is still employed but in different country ?
    What happens when PF account is not functional ? For 1-2 years employee goes onsite and there is no money getting deposited in PF account ?

    1. If EPF is inactive for 3 yrs, then it will stop getting interest after that.

  153. avinash says:

    Hello..
    I want pension so how many years work in a company?

    1. atleast 10 yrs .. please read the article

  154. Naveen says:

    Lets go with the example.. I have 8.5 yers exp and want to quit company.. so should I get complete EPF and EPS ?

    1. Yes, you will get full !

  155. Shiva says:

    Hi Manish,

    I worked for a firm for 12 years and later initiated PF transfer after joining the new firm. The transfer process was pretty fast and it got transferred to new account. However, it has not transferred the Pension Fund. I opened a request in EPFO web site and they gave below message. “WHILE TRANSFERRING PF FROM ONE ESTABLISHMENT TO ANOTHER, THE SERVICE DETAILS INFORMATION (VIZ LENGTH OF SERVICE, NON-CONTRIBUTORY PERIOD, LAST WAGES DRAWN ETC) ARE FURNISHED TO THE RECEIVING PF OFFICE IN ANNEXURE-K WHICH WILL BE USED TO CALCULATE PENSION BENEFITS. AMOUNT IN PENSION FUND IS NOT REQ”.
    So how do i track my old Pension fund as it is not being shown in my new account?

    1. nishant says:

      Same problem I am also facing. Have you got any solution??

    2. nishant says:

      I am also facing same problem. Have you got any solution.

      1. Shiva says:

        Not yet. Waiting for some guidance from experts like Manish.

        1. Hi Shiva

          I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

          Its a bit long cut, but works well

          Manish

    3. Hi Shiva

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

      1. shiva says:

        Thanks for the update. My question is everybody seems to be getting the same answer if they open a request with EPFO. I am trying to understand, what is the expected result in this scenario officially from EPFO? Should the Pension Fund also to be transferred along with PF into new account and reflect in the statement? I ask this because EPFO says it will be calculated based on service period and records are maintained with them which are not visible to us.

        1. I am not that much clear on that front . It might help if you take the route of RTI here

  156. praveen says:

    Hello sir I recently got a job and I have my joining tomorrow. I read ur article and that one can opt out of EPF. My question is if I opt out that matters I should consider before making this decision I mean pro and cons attached with this decision. And will my employer allow me …??

    1. jonty says:

      My advice is don’t opt out. Pf has somany advantages and more over its just 12 % on u r basic salary. With out u r knowledge u will be accumulating huge money.

    2. First it can be done only by those whose salary is very less.

  157. prabhu says:

    Sir,
    I have work in past 1.5 year pvt ltd company, resign in february-2015, still epf amount not credited so what are procedure to be claim

    1. You can fill up the withdrawal form and send it to EPFO

  158. VIJAY says:

    Hi

    Thanks for the useful article. I have one doubt that you have mentioned 50% of your contribution can be withdrawn in case of marriage (self or sibling). What does this 50% stands for i.e. 50% of EE+ER or just 50% of employee contribution only.

    Thanks

    1. 50% of the employee contribution only

  159. Yasar says:

    I have worked in a organisation for 4 years where the PF is maintained through RPFO, Chennai. and I have switched to another organisation and working here for 2 years where in my new company PF is maintained through a trust not bu RPF office.

    I have transferred my PF amount to new organisation. Do I need to do anything for EPS also. how to transfer the EPS to new organisation?

    1. For EPS there is form 13 I guess, you need to fill that one too !

  160. Srinivasarao says:

    Sir,
    I have transferred my old PF account to current PF account.But pension money is not credited into current account.
    Your saying to someone.Please go through the RTI route.
    What is mean by RTI route.
    please help me.

    1. I mean ask your queries directly to EPFO regarding this using the RTI application. Only then you will find proper info on this

  161. VS says:

    Hi Manish, i had sent form 10 C for withdrawal of my Pension Fund after 6 years of service..however i realised i shd not withdraw it as its number of years that can benefit me at the time of retirement..i got a message that it was received at EPFO office yesterday..is it possible to cancel it now ? Please advise

    1. I think its already too late

  162. Aishwarya says:

    Will the calculation of 10 yrs be considered cumulatively from all the organization worked or will the years put in each organization be considered separately.

    1. Yes, it will be cumulative if you keep transferring your EPF .

  163. Pradeep says:

    Dear Sir,
    In your post you have mentioned that after 10 years of service the EPS withdraw option stops. I have worked for an company for 9 yr and 6 month and after I left the company applied for withdraw after 6 months. So by the time the withdraw form reached PF office its already more than 10 yrs from start of my career but I hv worked only for 9 yrs and 6 months. Am I going to get the EPS withdraw fund.

    Thanks in advance.

    1. Hi Pradeep

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  164. Rajdeep says:

    Hello Manish,

    I switched my job after working in previous company for 3 years and 9 months. My EPF account in the previous organization is showing 26861 as EPF and and 16045 as EPS. After transferring previous EPF to latest one, I only get EPF amount as 26861 and not EPS amount of 16045.
    How much of my EPS contribution, can I get . My last basic salary was Rs 18000.

    1. Hi Rajdeep

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  165. Vasim says:

    Hello Manish,,

    Thanks for a detailed write up, It helps a lot.

    What do you mean by “wages” under the PF withdrawl to repay housing Loan ?
    Is that Monthly base salary or a monthly Salary or Monthly PF contribution, Can you please Clarify

    1. Its monthly base salary

  166. Godwin says:

    Sir,

    I have joined in a MNC company on Nov 2nd 2005. In November 2nd 2015 I will be completing 10 yrs of service. Will my PF amount can be withdrawn if I resign after completing 10 yrs ? Whether I will get my full PF amount if I resign before 10 yrs?
    Will the PF amount goes to pension Scheme after 10 yrs?

    1. Yes, you will get full EPF amount. For EPS you will get pension , not amount

  167. VALSA Williams says:

    What happens when you retire. Can you leave your PF money with the EPFO?
    Will it still generate the same interest?

  168. SaurasisBandopadhyay says:

    An employee having 2 PF account number from different companies. Actually he is working as Field Associate in 1st Company, it’s timing 8.00 am to 5.00 pm and Cashier in 2nd Company, it’s timing 11.00 pm to 6.00 am. He gets salary from 1st company is Rs.8000/- and 2nd Company is Rs.12000/-

    Both the employer has deduct PF from his salary.

    Please let me know if both the accounts would be valid in this case

    1. Yes, they are valid

  169. Sadananda says:

    Sir
    I got my eps amount as average salary x table D factor which was told by epfo in response to my grievance.but you that eps is calculated as last salary x table D factor.Please answer…

    1. Hi Sadananda

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  170. BARUN says:

    I have transferred my previous 3 nos’ PF accounts to my existing account. 1st service was more than 10 years, 2nd service 6 months 15 days and 3rd service was for 3 days. I have received the amount from my previous PF accounts except those EPS amounts. No EPS amount is showing. How to get back those EPS amount ? Am I eligible for those EPS withdrawl.

    1. Hi BARUN

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  171. Amit Patil says:

    Dear Manish Sir

    Send me PF EXAMPLE about employee contribution, employer contribution + intrest

  172. vipin says:

    Hi Manish,

    I have worked with an organization for 3.5 yrs and now joined a new organization. I didnt transfer my PF to new company and dont want to transfer it either in next future. My Questions are:

    1) when should I withdraw my pf from previous company to avoid tax on it ( as this is for less than 5 yrs of continuous service)? Can it really be avoided?
    2) would my previous pf account get any interest on it if I dont withdraw it and if yes then for how long?

    1. YOu can withdraw it after 1.5 yrs, when you complete total 5 yrs of EPF account

      2. till 3 yrs it will get interst

  173. Shweta says:

    Hi Manish
    Good afternoon.
    I need to withdraw my deceased husbands Pf, I have marriage only as proof, but my name in other I’d documents is not changed to husbands name, its still the maternal name, will there be any issues to withdraw. Also the ban passbook is old name.

    Thanks in advance. Pleast suggest.

    Regards

    1. Amit Patil says:

      Hi Shweta

      Good Morning

      You will be ask your husband PF matter to notary advocate .Becoz he will be definitely solving your PF matter.

    2. There should not be any issue, but it would be a lot of run around. Be ready for that

  174. Satyarth says:

    Hi Manish Chauhan,
    I worked for a company exactly 9years 9months. I submitted the form 19 and 10C. My EPF amount has been released by department by not the EPS part. May be the reason of completing the 9years and 6 months. Now I want to know that is there any way to get the EPS money if I do not want to avail the pension facility.

    Regards,
    Satyarth

    1. I am not sure if thats possible . I suggest you take the RTI route to find out the exact information

  175. chaitanya says:

    Hi

    i worked ‘X’ company for 14 months which has epf scheme.after resigning i got government job where transfer of pf is impossible because my new employer following nps scheme.so suggest me how to proceed.
    Thanks in advance.

    1. I sadly dont know what should be the answer in your case

  176. surya says:

    Hi Manish,
    I completed 10 yrs in one company and recently changed to another company. I have home loan also. Is it good idea to withdraw old company PF and repay home loan? Please share your advise. i am in confusion to whether withdraw or not

    Thanks,
    Surya

    1. There is no one answer for this . BUt yes you can surely clear the loan if you are very sure that you will plan for your retirement after that

  177. manjit says:

    Hi A am working in pvt. ltd. company last four years contuneus And I want to received PF Pension now please give me suggest.

    1. You can get it only once you retire or your age is above 56 yrs !

  178. Vin says:

    I have settled abroad. How can my parents or nominee withdraw my EPF in India? Please help with the process

    1. They cant.

      Only you can do that. Fill up the EPF withdrawal form and send it to EPFO . Also note that in coming months, the facility to withdraw EPF online might be there

      Manish

  179. Amit saha says:

    sir.
    i am withdrawl my pf EE amount 45910 + ER amount 14025 ……
    DOJ 3/1/2010………..DOR 1/5/2015
    i need My total amount of pf withdrawl now…………Amit

    1. Hi Amit saha

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  180. Sriram says:

    Hi Manish,

    I would like to know if there are time restrictions between two PF withdrawals. I have 14 years of service in the current organization. I had withdrawn PF this Jan for medical surgery and now that i would like to withdraw for purchase of plot (6 months from previous withdrawal).

    1. There is no time restrictions !

  181. Shailender says:

    The pension form 10-D got rejected due to insufficient service i.e. Date of leaving job before 1993. I have got amount against form 19. Shall I submit form 10-C to claim withdrawal benefit under Employee Pension Scheme 1995.

    Thanks

    1. Hi Shailender

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  182. Mohan says:

    i have already quit my job, how i an withdraw pf amount

    1. You can fill up the EPF withdrawal form and submit it to EPFO department

  183. kiren says:

    I am diagnosis a bipolar disorder (mental) in normaltearms.

    How am I to wiwithdraw my Epf
    I am professionaly Physiotherapists.
    Worked fr 17yrs

    1. You need to apply for it with EPFO . Check with their contact. Also use RTI here

  184. I complete 4 years in steel industry and i want quit from job for self employment like bussiness. My question is is there any rule to get 100% of epfo including employers share

    1. You will get full money, but I suggest you withdraw after 5 yrs of service , so that there is no TAX !

  185. Thabiso says:

    I recently started a new job and wanted to opt out of EPF but the administrator of the find is telling me that i can’t do that as it’s compulsory for all employees employed by that employer to have one. Is that legal or is there a way i can exit the fund?

    1. Yes, its compulsory !

  186. Shrikant says:

    I worked in ‘X’ company for 1 years and 6 months, 25/06/2013 being the last day. As per PF passbook EPF amount is Rs. 22696(my contribution) + Rs.14580(company’s contribution) whereas Rs. 8115 is EPS amount. After leaving that company I did not work till Oct’14 when I joined my current company. I applied for PF transfer from current company and now passbook shows that Rs.27468 + Rs.17664(my and company’s contribution respectively) has been transferred to current PF account. There is difference between amounts in previous passbook and trasferred amount which I think is interest. But EPS column in passbook shows no transfer.
    Please tell me how can I transfer EPS amount to current account or withdraw it completely?

    1. Hi Shrikant

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

      1. Manoj says:

        Hello Srikant and Manish,

        I’ve received response from PF office regarding EPS. As per them, when we transfer PF using Form-13, that transfer only our contribution, employer contribution in PF and interest paid if any and year of service rendered as per previous account.

        It never transfer your EPS part. for EPS you need to apply through Form 10C either to withdraw (*given year of service is less than 10 years) or subscribe to scheme certificate.

        @Manish – In point 4 I the above article, you have taken 6500 to calculate the value of EPS for withdrawn, shouldn’t it be 15000 as per latest amendment. I’ve read it on internet that as per latest update it would be 15000 but EPS office has not shown that anywhere yet.

        Reg.
        Manoj

        1. Madhu says:

          Manoj,

          Is it possible to apply on-line for EPS (10C)?

        2. Thanks for sharing that

  187. Adrian says:

    Hi Manish,

    After 2.4 years in my first company, i shifted to a new company, and after a few months,
    I applied for a PF transfer and it has been completed today. I received a confirmation mail.
    I would want to know if my EPS amount is also tranferred along with my EPF or only EPF amount has been transferred.

    I have filled only 1 form for transfer. I have not filled any separate form for EPS transfer.

    If EPS amount not yet transfered, what is the procedure to transfer/withdraw the same?

    Thanks,
    Adrian

    1. Hi Adrian

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  188. sudaya says:

    • EPS contribution is mandatory ? (considering the fact that basic is more than 15K)
    • Can it be merged with PF only , considering the EPS scheme -2014
    • If EPS scheme is not mandatory , then can the amount is transferred to PF account.

    Please ans the query considering the EPS act-2014 (which is released in aug -sep time frame )

    1. Hi Sudaya

      * Yes
      * No
      * Its mandatory

  189. Faisal says:

    Dear Manish,

    I had applied for withdrawal of my PF. However out of the 3 Contributions. Employer/Employee & Pension Fund. I have only received the Employer fund that too 200 Rs more than what shows in my PF passbook.

    Can you help me when will i receive my Employee & Pension fund contribution & will there be any deductions in that.

    Hope you can help me.

    Regards,
    Faisal.

    1. Hi Faisal

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  190. Jain says:

    Dear Sir / Madame,

    Greeting’s !

    Hope this mail find you in good health !!

    I started working in Year 2000. Have changed job from time to time. Please find the detail’s

    Organisation Name Tennure EPF Withdrawn
    HSBC 2000 to 2006 Withdrawn
    Kotak 2007 to 2010 Withdrawn
    Credit Suisse January 2011 to February 2012 Transferred to Milestone recently
    IIFL February 2012 to July 2012 Transferred to Milestone recently
    Jobless JULY 2012 to October 2012 NA
    Axis Bank November 2012 to June 2014 Transferred to Milestone recently
    Jobless JULY 2012 to October 2012 NA
    Milestone November 2014 to July 2015 Currently working here but contract getting over in July end.

    Sir / Madame, my query is as below:

    I have transferred the EPF money from Credit Suisse, IIFL & Axis Bank recently to Milestone in last 3 months. When my job gets over next month at current organisation, below situation’s occour:

    1. Can I immediately withdraw the entire money and would it be non taxable since I have been working for last 15 year’s with different organisations without any common account number or because I have had been jobless in between that’s going to impact taxation or the fact that it’s not a common account number it is going to be taxable
    2. If I am jobless for more than 2 months can I withdraw the money so that my home loan and other expenses can be taken care off …
    3. Technically I am the same person weather having one account or multiple account and been working for 15 year’s so can’t I withdraw this without paying any tax ? Also I have never claimed any tax benefit and shown this in Income tax. Have always separately done my investment for tax planning.

    Sir/ Madame, I have gone through two Angioplasty in last six years and have not been keeping well. Can you please guide. Shall be grateful for your valuable suggestion’s please. Shall be highly obliged for your guidance.

    Best wisehs,

    Praveen Jain.

    98250 47249.

    1. Hi Jain

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  191. Chandrashekhar says:

    Dear Manish,

    Greetings!!!

    Really nice article and very informative….

    I need one more info, I was working with one company for around 5years(20days less to 5years, from May 2008 to April 2013) and switched to next company before 2years(in April 2013), now would like to withdraw EPF amount, my questions are
    1. Is it worth to withdraw at this moment (as I am not in urgent need)
    2. Is my EPF amount will get interest? If yes how long interest will continue?
    3. Can I transfer it to my new EPF account(with present employer)
    4. If I really want to withdraw , how much tax will get deduct?
    5. Is there any problems, if I kept inoperative of my previous EPF account, since 2years no contribution to that account.

    Please advise me….
    awaiting for your valuable feedback.

    Thanks
    Chandrashekhar

    1. 1. Yes you can do that
      2. Just for 1 more year
      3. Yes
      4. None, as 5 yrs has gone
      5. No issues, just that interest wont be there

      1. Chandrashekhar says:

        Dear Manish,

        Thank you very much for your feedback.

        Have a nice day…

        regards
        Chandrashekhar

        1. Thanks for your comment Chandrashekhar

  192. Sudha says:

    Hi Manish,

    I want to avail PF advance. How many days does it take for me to get the advance after submitting the application.

    1. Hi Sudha

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  193. Teresa says:

    I was working in a private school for more than 10 years for which school was deducting the EPF. 4 years back I shifted to another state. There too EPF is paid. Can I shift the 2nd school Epf to 1St school and claim for my pension for both together. I completed 58 years. Now iam retired and not continuing in service.
    Kindly give me a reply

    1. You can transfer your 1st EPF to 2nd and then claim pension . I suggest you take help of RTI in this matter

      1. Teresa says:

        Thank you so much for your reply

  194. Prabhakar says:

    I have swithed the job 10 months back, still previous PF is not transferred to new account.

    3 after leaving the previous company, that company had released the cheque and PF office had received the same(i have inward reciept)

    But in current company says their is issue with UAN so it will take time transfer previous PF amount to new account.

    My question is, my previous PF amount is niether held with previous PF account nor current PF account, then can get the interest on that PF amount which in the air?

    1. moorthy says:

      Mr.Prabhakar,

      You should get the interest for the previous PF. once you get the UAN number then you check it in online itself.

    2. Hi Prabhakar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  195. MANSUR says:

    I have left my previous organization in 2005 and the balance in PF account has been transferred to my current PF account in 2013. I would like know the transactions during this period viz., interest etc., When I went and requested the regional PF office employees, they were saying that it is not possible to provide the account statement.
    Under RTI, can I opt for the account statement for the full period i.e. from account opening to till the transfer.

    1. You can get all info using RTI . Ask all the questions you have and they will reply to them.

      Manish

  196. Sharad says:

    Lest say for 5 years my deduction was Rs 541 per month and for one year my deduction was Rs 1250 per month then while withdrawing at the end of 6 years the calculations would be like 15000*6.4(as per table D) = 96000 or it would be 6500*5.28(as per table D) + 15000*1.02(as per table D) = 34320+15300 = Rs 49620

    1. Hi Sharad

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  197. Sharad says:

    Hi, Since October 2014 the EPS amount deduction has been raised to Rs 1250 so while calculating EPS will the figure Rs 6500 will be also increased. Till now it is Rs 6500* Table D(as per number of years) .. Now since the EPS amount is increased so this figure of Rs 6500 must also be increased

  198. Sandeep says:

    Hi Manish,

    I am leaving one company at 3 years now and joining new one immediately.

    my pf spans are like this (2003-2006 ) – one Company””X”.Other Company “Y “(2011 – May 2015.)
    I have transferred previous Pf of X Company to Y in last month.
    MY question is if I withdraw pf will if be taxable.

    Regards,
    Sandeep

    1. No , it will be not !

      1. sandeep says:

        Thanks for comment
        but my dought is if I am not completing 5 years with this company and joining new one immediately.
        the PF ammount will be taxable.

        Please suggest me as I am in process of withdrawal of PF on exit.

        Sandeep

        1. Yes, if you have not completed 5 yrs, then withdrawal money will be taxable . You cant escape that !

          1. sandeep says:

            thanks.
            Last one question
            My previous Company PF (2003-2006 ) is added to the present company .
            will it qualify the 5 years span or span should be with one compnay for 5 years

            Sandeep

  199. Manish Khamar says:

    Hi,

    In next week I will join my new company.
    EPF is deducted in my current company and more than 4 years is done.
    Now my new company which is small and can not provide any EPf facility.
    But I want to continue my EPF account.
    What should I do?
    Even if I will withdraw EPF , It will become taxable.So I want continue it at least 5 years so I will have not to pay any tax on my Epf amount.

    Please guide me as soon as possible.

    1. You can just leave it like that for next 1 yr and withdraw after it completes 5 yrs !

  200. manoj thakur says:

    Hi Manish,

    can i withdraw my pension fund after 10 years of job
    if yes then what is the procedure.

  201. vijay sharma says:

    Hi
    Thanks for such an informative article.

    I have one query under point 9 regarding withdrawal of PF.
    You have written we can withdraw 50% the employee’s contribution does it allows 50% of employees contribution or does it stand for 50 % of EPF, or 50% of EPF+EPS
    As total PF = Employees share+Employers share+EPS) Kindly explain.
    Also put some light on the copy of wedding invite and receipt of fee payable.

    Kindly share the procedure for the withdrawal in this scenario where employee has completed 7 years and needs to withdraw the PF under first point (marriage etc.)

    1. It means 50% of your total amount in EPF , Means yours + employers contribution !

  202. Navneet Singh says:

    What if a person don’t want to get pension after 58 year. can a person get his EPS amount in lumsum.

    1. No I don’t think that option is present

  203. sathyamurthy says:

    Sir,
    I have completed my 15 years of service I don’t want to take the benefit
    of EPFO Pension Scheme. Is there any provision to withdraw the pension
    amount which has been deposit in EPFO.

  204. Arup K Chatterjee says:

    Dear Manish ji,

    Thanks a lot for giving comprehensive knowledge of EPS. I am dealing with EPS-95 cases in NTPC. May I request you to kindly guide me as to how Part-B of Form-13 is to be filled correctly i.e. date of joining and date of leaving part please.

    Thanks a lot

    1. Hi Arup

      I dont have that deeper understand at form level !

  205. Javed says:

    Sir,

    I worked in a private organization from December 2010 to January 2011, I sent a request to HR asking for PF withdrawl procedure, they sent me form 19, 10c and asked to fill an undertaking form if the withdrawl is after two yrs of last working day. I am not sure what to fill in the undertaking form. Please advise what reason can be filled in the undertaking form for the delay in withdrawl.

    Thanks in advance.

    1. Hi Javed

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  206. Bhiutras Meher says:

    Hi,

    Can any one help me to understand this below transaction online PF transfer status.
    And how much time it still take to transfer this transfer amount.

    I got the message from EPFO on 03/09/2014 saying that:-
    “Member ID: DSNHP00174920000006780-112 PF Claim ID: NHP140750001400 Settled Amount: Rs XXXXX.00 Sent to A/c No.: 30100649549 (IFSC Code SBIN0001122)-EPFO”

    ——————————————————-
    Sr No Member Name Previous Account No. Current Account Status of Claim Employer Printable Form 13
    1 BHIUTRAS MEHER DSNHP00174920000006780 WBCAL00403940000000600 02 July 2014 Claim Form Submitted .
    17 July 2014 Claim Form Approved by Previous Employer .
    Current Status :Your request is In Transit between EPFO Out and In Office. Details
    —————————————————————-

    When it will be credited to my PF account.

    Thanks in advance.

    1. Hi Bhiutras Meher

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  207. Varun Gupta says:

    HI All,

    I need your urgent advice on an issue.
    I switched my employer from company ‘A’ to company ‘B’ in Aug 2007. I had also applied for a PF transfer somewhere in Mar 2008. .Can my company ‘A’ forcefully/automatically deposit the entire PF money in my saving account (resulting in huge tax liability) citing delay on my part to initiate the PF transfer process ?
    Can they do it without my consent ?

    Thanks

    Regards,
    Varun

    1. It you have applied for transfer, then it will not come in your account

  208. Sunil says:

    Hi,

    I am working for the past 4 years. I have to resign this job as company business is not going good. Company is also giving me option to continue in job without salary for 6 months just to keep the experience going . i want to know
    – will there be tax on PF withdrawal. Pf account have PF from this job only.
    – If i withdraw it after 1 year of leaving this job, ( that will complete 5 years from start of PF account) will it help to avoid tax?

    1. 1. Yes
      2. Yes

      Manish

      1. Sunil says:

        I want to reconfirm below:
        – if i leave job after 4 years of PF contribution but withdraw PF after 1 year of leaving job, there will not be any tax… right…

  209. Preejith says:

    Thank you for this useful information. Keep up the good work.

    1. Thanks for your comment Preejith

  210. ashok says:

    Very useful information. Thank you…

    1. Thanks for your comment ashok

  211. Amol says:

    Help me to understand options available to me on Provident fund. I am NRI with no income in India from 2012. I worked in India from 2009 to 2012 had provident and voluntary provident fund contrbution to company’s private PF trust. Once I left the job in 2012, I had not withdrawn my PF. As I moved out of India, I had no option to tranfer in PF. Now, its about 3 years (2012 to 2015), PF account will become dormant with no interest paid. I have no immediate need of money. Help me to understand on tax liability on PF withdrawal. I understand 5 year of continuous service leads to Tax free withdrawal of PF. Will my 3 year of service (2009-12) and 3 years of waiting (2012-15) be counted in continuous service? Or Do I have to wait for another two years to be elligible for tax free withdrawal?

    1. Hi Amol

      Yes if you wait for 2 more years, then it would be non-taxable withdrawal

  212. Ashish Jain says:

    Hi Manish,

    I have worked in last organization for three years and then transferred the PF to my new organization. I worked in my new organization for 3 years again and left the job. Please let me know if I withdraw the PF , do I need to pay the taxes. In UAN Website my joining date is mentioned as joining date of my current company and not the last.
    Thanks,

  213. Raviteja says:

    Hi Manish,

    Great Article. Thanks.

    I will be moving to US for my higher studies and planning to withdraw my EPF. Is there any other procedure to withdraw EPS or will it be included when I withdraw EPF?

    1. You can withdraw it only with EPF as far as I know

  214. manoj says:

    Thanks…….

  215. ramesh kumar says:

    Hi Mainsh,

    i have recently got transferred pf amount form previous employer to present employer but i didn’t get transferred pension amount.

    i have worked previous company (2 years 10 months).

    Thanks,
    Ramesh Kondeti

    1. Hi ramesh kumar

      You should take help of RTI now in this case ! .

      Manish

  216. Bhadresh Madhani says:

    My Company deduct my P.F. from salary can i operate my PPF account and get tax benefit

  217. Pooja says:

    Hi Manish,
    This is really useful information.
    I want to clarify one thing over here is that If suppose I have completed 10 years of my job and I have 80000 in my EPS account so
    1) Can I withdraw EPS after 10 years (still in job)?
    2) If Yes ,will I get full amount of EPS or still there will be some calculation ?
    3) Is there is any way to opt it out from EPF and EPS if once opened EPF accout after 10 years?

    Reading your blog I am thinking that to opt for PPF is better option than EPF for new comers( If employer portion is also part of your CTC)

    Please clarify my doubts.

    1. Hi Pooja

      1. NO
      2. It wont be full
      3. No

  218. Raghu says:

    Hi Manish thanks for very useful information.
    The present Modi govt. has changed the pension limit max 15000/- and min as 3500/- but you have mentioned as 3250/- as max.can you please clarify.

    Regards,
    Raghu

    1. Yea , When I had written the article it was 3250 . I will change the numbers

  219. Sharon says:

    Sir,
    I worked in a school for the past 22 years and resigned nine months ago, due to health reasons. My PF claim form was returned saying I have to take pension. I am a 44 year old widow with one son. I am in need of the money now, what’s the use in telling me to wait for 14 years more to get back my money, in Rs 1,000 instalments (I may not even be alive then). Moreover, the PF office insists on me producing certificate of age proof, I don’t have any certificates.
    Please guide me sir, I’m desperate.

    1. Hi Sharon

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  220. Kumar says:

    Thanks Manish for such information.
    I have a doubt regarding EPS.
    I have been working last 8 years. In first year completion I changed the job so I withdrew the amount and open new of account in new company. After that I continued 3.5 years of my job then changed the job and got transfered my PF so I got new pf account in my new company which has got money transferred from last PF account. In the new company I continued my job again 3.5 years and lost the job and became jobless around 2 months. Then I joined new company there I opted for PF account transfer so I am getting 20k as EPF(emp+empr) and 1250 for EPS every month. When I see the epf detail on the site it shows me all amount credit history from my second company.
    So my doubt is. Am I eligible for Pension benefit? Because it requires one to serve at least 10 years to get EPS benefit and I changed many jobs in in 8 years only.

    1. Hi Kumar

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  221. Siddharth says:

    Thanks for your suggestions to raise grievance and submit RTI now my service details of previous company are added to my current employers service details. After getting reply from PF office and ministry of labour I am trying to resubmit my Form-13 via Online transfer claim portal for PF transfer from old PF account to new account number .
    I am getting following error message: “The attempted request for transfer of accounts already exists on the system. Click here to know your existing requests”.

    My previous 2 claims were rejected as EPS details from previous company were not available and after resolving that I am trying to re-submit the Form-13 via OTCP.

    Please let me know what could be possible issue.
    Thanks,
    Siddharth

    1. Hi Siddharth

      I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

      Its a bit long cut, but works well

      Manish

  222. Sanjay Thakur says:

    I have changed 2 jobs and both the previous companies ( say A and B) had their own PF trust. My new company ( say C) manages it PF with EPFO. I have transferred both my PF amount from the previous two companies A and B to EPFO. The membership with EPFO is showing as 4+ years only ie. my current employment tenure with C.
    I have more than 23 years of experience and have not withdrawn PF from my previous employers but transferred as stated above.
    What is the way to ensure that my EPF membership is restored to my complete service length 23 years not only the present employment period ie 4 years
    Regards,
    Sanjay Thakur

    1. Hi Sanjay Thakur

      You should take help of RTI now in this case ! .

      Manish

  223. Srinivasan. Raman says:

    The EPS contribution by the employer is 3.67 & not 8.33 . Please correct if I m wrong.

  224. G S M says:

    Hi Manish,

    I switched the company and transferred the EPF from old to new company (using UAN portal)

    I have a question to ask you about EPS, I have worked for almost 7 years in previous company, EPS balance in old passbook was almost ~38000, But, when I see the new company passbook post PFtransfer, only Employee and Employer share is transferred and not the EPS

    The EPS wheel starts again with zero. I am kinda swinging around to understand what happened to my 38K & how this get invisible in the transfer procedure. (scam??, I scare of the govt)

    Reading above blog I understand I need to finish next 3 years in service and then retrieve the scheme certificate so that I can get to see portion of those 38K.

    Do you have any idea?

    BTW following are some of other observations in EPF transfer procedure of mine:

    *UAN card shows two member ids on the card
    *Amount 541 is changed to 1250 since 08/2014,
    *Interest on previous company balance had paid for current year (FY 2014-15) before the transfer happened, now I am doubting that it will reduce small slice of interest when revised interest is being calculate in near future..

    1. Hi G S M

      You should take help of RTI now in this case ! .

      Manish

  225. Mohit Kalra says:

    I changed my job in Feb this year. I am not clear on transferring rule. I have the UAN number and provided to new employer. Now my question: Will my new employer open a new account under same UAN or will deposit money in same account. If they open new account, what happens to money in previous account. Do I need to take any action to keep earning interest?

    1. Hi Mohit

      Everything about UAN is already discussed here – https://www.jagoinvestor.com/2015/02/uan-epf-guide.html

  226. kishore says:

    Hi,
    I just quit my job. When i withdraw pf, i know i will get employee share and employer share. Just want to confirm if we also get the amount deducted under pension contribution ?

  227. Faiyaz says:

    Hi,
    I want to purchase flat. I have completed total of 6.5 years of services with two organisation. 4 years in one organisation and 2.5 years in current organisation. Am i eligible for withdrawal of provident fund amount now ? Please help me.

    1. Hi Faiyaz

      Yes, for buying house , as per rules you can withdraw it

  228. Amol Potdar says:

    Really a very useful article. A small question though. You mentioned that not all part of the Pension fund is given back at the time of withdrawal and it becomes on the Table D. But what about the money that is not paid back. if we take your example, 1 lakh was a part of pension fund and only 41600 is refunded, what about 31,600. Is it continued as balance in our Pension fund or we donate it to EPF office?

    1. Hi Amol Potdar

      That’s the point , it does not come to you ..

  229. chakravarti says:

    Hi Manish, Very useful article, keep going
    My doubts are:
    1) where will we get our pension money? I mean cheque/cash/transfer to account
    2) Pension money is recieved only after 58 years of age or if we complete 10 years of service and age is less than 58 years?
    Thanks
    Chakravarti

    1. You must complete 58 yrs in age and 10 yrs in service , both are required.

      I am not sure how you will get the pension !

  230. Hi Manish,
    Thanks for detail information. I have a query that i have taken PF money after working with 9 years 9 month in my previous organisation. Is it compulsary that eligibility for Pension scheme is to be completed 10 years i.e. i was short of 3 months. To know the clarity what is your recommendation?? shall i use RTI act??

    1. Hi Parushram

      You should take help of RTI now in this case ! .

      Manish

  231. tejpalss says:

    I dont want that a share goes to pension fund. how to avoid that. is it benificarry.

  232. Ashish says:

    Hello,

    My question is regarding EPS part of PF. I have cmpleted 8 years of service and working in my fourth company. However, I didn’t transferred my PF to the new ones after my exits from the previous companies. I did it just now and all my PF from previous companies got transferred directly to the current one. So while calculationg EPS, how my service years will be calculated . Will it be 8 years or just one year on my current job as there is gap of PF deposit in previous accounts

    Regards,
    Ashish

    1. If you transfer the EPF now to the new one. Then old years will be taken in to account

  233. Pramod says:

    Hello Manish,

    i have couple questions on EPF,

    From last 2/3 months the my Pension EMI gets deducted as 1200 rupees instead of 541/- Is govt has increase this pension EMI?

    Second question is
    If i will complete the 10 years of service in the current organization and after that I again complete the 10 years of service so total 20 years, so the pension EMI will be continue for this 20 years or it will close after 10 years?

    Third question
    Lets say i have completed 6 years of service in the current organizatin, and they send me onsite for 3 years, during this period company will not pay the epf for me
    ( In short no service for me from epf point of view), when I will be back in India and again complete 4 years of service so total 10 years, so still the pension is applicable to me right
    I mean if there is a gap in the service then resume the service and complete the 10 years, can the pension is applicable ?

    Fourth question,
    During this gap time of 3 years, can i get the intrest for the 6 years amout that is already deposited. or i can not get the intrest?

    1. 1. Yes, its increased
      2. I am not sure of question
      3. Right
      4. You will get interest

  234. sandy says:

    I have started PF in first compony in 2006. I have transfered my PF in current company. I have joined in current company at 2010. After complietion of 10 yrs i may not be able to get money of EPS. I wan to know for 10 yr complition considering yr 2006 or yr 2010

  235. purnachandrarao . M says:

    hi there is another doubt sir i had worked from 1998 to 2005 and stopped working can i get EPF amount with intrest tilldate sir

    1. Hi purnachandrarao . M

      Yes you can get it , apply for withdrawal !

  236. purnachandrarao . M says:

    hi worked for 8 years and stopped working doing bussinies iwant toclaim EPF can i get ammont with instrest tilldate

    1. Hi purnachandrarao . M

      Yes, you need to fill the EPF withdrawal form and send it to EPFO !

  237. Sha says:

    Hi Manish,

    Good information, i am having bellow doubt
    1. if worked for 11 years and and want to with draw EPS is it possible
    2. if 1 is not possible after 58 age how much i will get complete EPS amount + pension monthly 3250 till death is my assumption is correct.
    3. if 1 is possible after 11 years i will get certificate EPS bond then i change the job and worked for 5 yrs i with draw for last 5 yers jab EPS
    still i get the pension plan after 58 age.

    1. 1. NO

      2. That can be confirmed by EPFO only

  238. emran says:

    dear sir,

    i have working in a ltd co. he insisting to join a EPF account.
    sir i want to know .what benefit and how much interest i will get and how much contribution for my salary per month………..suppose my salary is 8000/-
    thanks

    1. Hi emran

      Its 12% per month of your basic salary

      Manish

  239. basant kumar says:

    Dear Manish,
    I have changed two organisation (Cipla and Ranbaxy) in my 10 year job and in both previous organisation PF is maintained by trust. After changing the organisation I have applied for transfer of PF and it has been transferred . But I am not sure whether pension amount has been transferred or not. So please let me know how I can know whether my pension amount has been continued or not.

    1. Hi basant kumar

      You should take help of RTI now in this case ! .

      Manish

  240. Pal says:

    Great article Manish!

    2 Queries:

    1. My company had shifted my Delhi PF Account to Gurgaon PF Account on account of internal transfer. The EE and ER share from the previous account has been transferred to the new account. But the EPS share was not transferred. Any idea what happens to that amount?
    2. Now I have quit and joined a new firm that does not have the EPF facility. I was employed for 5.5 years in my last company. Should I withdraw the PF? What will happen to my EPS share?

    1. At this stage, you can withdraw both EPF and EPS by filling up the respective forms and sending it to EPFO department of your jurisdiction.

      They will then send it to your employer for their signatures. This whole thing can be a bit tedious and frustrating, but you don’t have much choice at the moment. I suggest strongly using the RTI tool at every point and take this whole thing as “Take back by EPF at any cost” PROJECT for 6 months !

      Manish

  241. Gulshan Munjal says:

    My share in PF is 860rs as per my basic salary and Employer share for pension was 541 Rs rearlier. But the same has revised to 597 Oct’14. Can you pls help on this and

    Also will i get the comeplete ammount after resigning

    Means My Share to PF+Emloyer share to PF+ Employer share to pension.

    1. Yes you will get all the money !

  242. vishnu cr says:

    hello, my father retired at age 58 and died at age 60, he used to get RS.1759 of pension.
    and when i checked with his pension papers at EPFO they said his wife will RS.1000 of pension. and i asked will i get the pf amount in lump sum, he said no. Is it true.
    what should i do??

    1. Yes, its true .. The EPFO pension is for life per month . No lumpsum paid

      1. vishnu cr says:

        so what happens to all the PF that has been taken from his salary. he is a employee of private firm. apollo tyres.

      2. vishnucr says:

        so, what happens to all the money he paid to PF from salary

  243. sunil tuli says:

    Sir appriciate ur effort and i have one query that is it beneficial to be transfer ur money in pension scheme because u wl get the pension aftet 58 yr of age and after me my dependents who will attain age of 18 plus so only my wife will use my pension after my death,pls advise

    1. Pension is a good idea , but please evaluate it fully and if its helping your financial life or not !

  244. Abhishek says:

    Dear Manish,

    Sincerely appreciate your work. Keep it up !!!

    Query:

    – I am working for a Pvt. Ltd company, a wholly owned subsidy of US multinational, now a total of 7.5 Years
    – Our entity got merged with other entity of same US parent company in Oct 2013
    – In Oct 2013, the employer share and employee share (EPF) was transferred, but the Pension Fund (EPS) was NOT.

    Was Pension Fund was also not supposed to be transferred? Should i really care about it?

    Does it matter really as the Table – D is considered if i leave before 9 Years?

    And, beyond 9 years (retiring at 58) there is a different formula which again does not care about how much is contirbuted in EPS (Pension Fund)

    Regards, Abhishek

    1. It has to be transferred . Talk to your employer why its not done ? There is another form for it .Check if that was filled or not . If you dont withdraw it till 10 yrs, then after that you dont have option to withdraw , but to get pension only !

  245. Devanand A. Tare says:

    1. I have completed 11 yrs of my service in Pvt. Ltd. Company now i want to resign and will not do job anywhere so my Question is Can i get entire amount of EPF & EPS ?

    2. if EPS amount is transfer in Pension when will i Get this after 58 yes or Immediate after my resignation ? & how will i get this amount ?

    1. 1. Not exactly. You will get EPF part, but EPS part now you will get only as pension because you can withdraw it only when your service is less than 10 yrs. This is what I know, What you can do is check with EPFO department on this once !

      2. I believe you will get it if you are never going to work again. Check with EPFO

  246. Prashant says:

    I have worked for this company for 12 years now, and have left my job in USA and working for US enterprise now.
    1) Can I withdraw my entire EPF in India?
    2) Will I be eligible to get EPS at 58yrs even when I withdraw my funds now?

    1. You can surely do that. You will be eligible for EPS, But I am not sure why you want to opt for it . Its not that beneficial !

  247. Abhi says:

    Hi Manish,
    One again i found this post very information.

    I have small situation and not able to decide on that :
    I worked 2 year for my old employer which was exempted establishment and maintains PF and EPS account separately . Now after joining new company i filled the PF transfer form and forgot to mention the Pension account number, as a result only PF was transferred.

    I sent the form for only pension transfer again but 2 years passed and nothing happened.
    So what do you suggest should i withdraw my pension amount or should i try for pension transfer again ? Any benefits on transfer ?

    1. If you transfer its with the latest EPF account and thats the advantage .. Fill up the form once again and also use RTI now

  248. venkatesh says:

    let me be clarified with regarding the withdrawal benifit. I compleated 8years aactual service and left the company in the year of 2003 my last contribution for the pensionfund(8.33%) iscalculated and remitted on rs 8800/- as per table “d” I will get withdrawal benifit is rs 8800/x8.22 am I correct or not
    2 As per the provisions of eps rules in case of withdrawal benifit need not be calculated on preceeding 12 months average and itshould be only on the last drawn wages only am I correct or not

    1. Ideally yes , the article is right in giving information .. If in doubt, you can contact your company or EPFO directly .

  249. Deepak says:

    My father has expired recently; how much of epf amount can be retrieved.He was in service for 30 yrs.Can we get 100% of(Employee share + Employer share).

    1. Yes, you can get all the money !

  250. Sabyasachi Bose says:

    I’m working in a private organisation. EPF and EPS both are there. I’m working in this company for little more than 4 years. Is there any way to opt out of EPS scheme, so that all company contribution towards PF will go towards EPF only and nothing towards EPS? Also is it possible to withdraw EPS amount while I’m working in this same organisation.

    1. No its not possible !

  251. arvind says:

    HELLO
    I HAVE ONE QUERY REGARDING..PF TRANSFER..
    I APPLIED PF TRANSFER ONLINE..
    AND AFTER SOME TIME..
    TRANSFERRED HAPPENED …
    IN PASSBOOK I CAN SEE..THE EPF ( EMPLOYEE AND EMPLOYER CONTRIBUTION IN PREVIOUS COMPANIES ) ADDED TO MY CURRENT EMPLOYER..
    HOWEVER THE EPS AMOUNT is mentioned zero (0) ..NOTHING WRITTEN THERE..
    IS THE EPS AMOUNT NOT TRANSFERRED..OR WHAT..
    do i need to something MORE..

    1. Yes it might happen that EPS is not yet transferred , you should now file a RTI and ask your question !

      1. Chandan says:

        Same happened with me and few of my other friends, who transferred PF online. I checked the amounts and find out that EPS was not transferred. Already send a request to employer, waiting for a reply. Did any body found the solution for same??

  252. kripal singh says:

    Hi

    my name is kripal i am from hyderabad . my father is no more i check today while i was found some paper regarding pf account i found some information there is a some around 80000 in my father account but company which he was working has changehow can i withdraw pf i have no document .i dont know where he kept the paper about company details how can i withdraw pf in this regards please help my contact number 9299902969 i am an handicap person that is my uncle number please help us for god sake. there is no food at home .

    1. arvind says:

      HAVE YOU CONTACTED THE COMPANY

      1. kripal singh says:

        Thanks for ur reply sir . i am happy that u have reply to my mail.

        yes i have contacted the company but employer change the company name and now they are saying the person to see accouts are out of station . 4 to 5 times i went to office it s very far . than i left going there security is now allowing some times to meet the accounts dept who should i do. without company sign we cannot take or what. death certificate is there of my father .l

        Regards
        Kripal Singh Sardar

        1. arvind_mondal_west_bengal says:

          Thes ethings you can try..
          1)try to manually check in the internet about the PF number of the company..
          and find out the pf number of your father..
          Your objective is first to know the PF number of the account of your father..
          2) contact him by phone na..the accounts person..

        2. You have to follow up with EPFO on this , not the company you worked for . If you have you EPF number, directly file RTI with EPFO department !

    2. ARVIND_westbengal says:

      First contact the company..where your father worked..
      try to get to know the PF number of your father…
      normally the PF number is like
      WBCAL….098700123
      WHERE
      1. WB=>WEST BENGAL
      2.CAL=>CALCUTTA
      3. 0987=>PF NUMBER OF THE COMPANY
      123=>PF NUMBER OF EMPLOYEE ..YOUR FATHER…
      ..
      Then
      check the balance amount in the pf….
      now you have to check the rules about how to get this pf amount to the nominee

  253. Govind bishg says:

    this is really very helpfull for people like me who are not aware with such rules.

    Thanks,

  254. RAKESH RAYAWAL says:

    Sir
    thanks.
    When I started investin vpf

  255. Somnath Lolge says:

    Hi Manish,

    Thanks a lot for this information, indeed very very useful!

    I have below 2query which would like to get resolved from you,

    1. I switched my job in 2013, at that time I opted to transfer my PF account to new employer, after around 6 months the employee and employers contribution amt were transferred correctly to my account however the amt that was diverted to pension fund was not transferred and I could not see that amt even now in my account, can you please confirm what could be the reason ?

    2. I am planning to switch the job again, so in all I am holding the PF account from last 4.5 yrs and now wanted to withdraw the amount, will there be any TDS deductions if I opt for withdrawal of the PF amt?

    Thanks & Regards,
    Somnath.

    1. 1. not sure if you even filled the form for that EPS transfer ? Better check with RTI !

      2. If you withdraw , then you need to pay TAX , but TDS will not be deducted from the employer end ! .

  256. SANDEEP says:

    Dear Sir,

    I was worked with one limited company for 3 year 1997 to 2000 but the company closed in the year 2001 and company was depositing my PF in delhi PF office at wazirpur till date i have not received my PF money & now i am working with one pharma company.
    Kindly give me suggetion.

    SANDEEP

    1. You need to now transfer your EPF by filling up the form available at EPFO website .. kindly look at it

      Manish

  257. Nidhi Shah says:

    Dear Sir,

    i working with one company which has deduct EPF before two month bt now they are rustigeting to me with in a 60 Days (two Month ) so that should i withrow my EPF Amount?

    Your positive responce will be help to me.

    Regards,
    Nidhi Shah

    1. You can withdraw your EPF amount later also if you want, provided they have deposited it with EPFO .. You need to fill withdrawal form for that !

  258. Vishwanath Jagdale says:

    Hi Manish Sir,

    I shared this link with many of my friends, very nice article and people should know these facts about their EPF account.

    A question for you. I recently discovered that on EPF portal, the passbook of my EPF account shows EPS contribution as Rs.1,250, and employer contribution in deposit less than that.
    In your asticle it is mentioned that EPS can be 8.33% of basic salary or Rs.541 whichever is less, then how come EPS in my account showing Rs.1,250.
    This is for last two months deduction, before that it was Rs.541 only.

    Please suggest,
    Vishwanath

    1. Hi Vishwanath

      I am not sure on that. I think this query should be addressed to your employer

    2. Abhishek says:

      Friend,

      This is since Oct 2014 the contribution limit is raised from 6500 to 15000 per annum.

      Divide by 12 and you will get your Max. contribution per month.

      Abhishek

      1. Thanks for sharing that Abhishek !

          1. Hi SHAHEBAZ

            Thanks for sharing that !

  259. RAKESH RAYAWAL says:

    Nice … ……knowledge it’s very usefully for every one…great

    1. RAKESH RAYAWAL says:

      Sir
      I am working in a private company last 11 years
      I want invest some extra in epf please tell me how this possible

      1. You can do that, its called VPF .. talk to your company and they will help you on this

  260. Kanchana Nair says:

    I just have a small question. I am state government employee and my company has started deducting EPF from the past 2 years. I will be retiring in 2016 . Will I get pension as it is just 3 years since they have started deducting epf due to some issue?

    Can I also withdraw by EPF from the account if I am retired as its only 3 yrs contribution.

    1. You will get pension only when your are above 58 yrs and if your service tenure has been minimum 10 yrs . Else you can just withdraw it later when you want !

  261. vaibhavee acharya says:

    hi,
    my working days is 150 and my pf amount is 7800 so how much amount should I will get back from pf office.

    1. You cant calculate it like this . Check with EPFO on what is your balance !

  262. Mohit Garg says:

    Excellent article is this. I was seeking about these answers since a long time, but I was not getting the correct and to the point answer. A very useful and helpful information for every one working in the service sector.
    I again appreciate your work and thanks for the same…!!

  263. vijeth says:

    Dear sir,
    I have a query. I resigned & left my job on Apr 25 2014. My company paid pf amt up to march 30 2014, after that they have not paid any amount. Can it possible to withdraw my money till march amt. ?

    1. Yes you can withdraw it , contact EPFO on this

  264. kalyan says:

    Dear Sir,
    I am from Andhra Pradesh state. I have been working in an organisation since 1997. My company was merged into another company of our same group in 2006. Both the companies fall under the same PF region / PF office. After transferring the balances from old account to new account, there was less amount in the opening balances of new account both under employee and employer share totalling an amount of Rs. 6850/-. The same matter was brought to our HR department several times, but there is no progress. My co workers have also the same issue. So please suggest us, what to do?

    1. I think only a strong RTI query can solve this ..

  265. SAtya says:

    Hi Manish,

    I have one query can you please tell me the process. I have been working since 2007 in an organisation, PF started from 2008 and its going on. Completed almost 7 years and before this job I was also worked 6 years in other company, having PF after resigned I claimed EPF only and I have scheme certificate, in existing company created new PF account. I have 2 accounts now I want to club old EPS balance to new EPS account. Is it possible ? can I get pension ? as I completed almost 13 years.

    1. You can get pension only after 58 yrs of your age are complete. To merge two PF , you need to transfer your old PF to new PF

  266. m.v.r. murthy says:

    Hi

    I am having PF A/c. for past 12-13 years and I left the job in Mar., 2014. Currently I am not working in any Organisation. Now I want to withdraw the amount from PF.

    so can I take now the amounts from both EPF and EPS, I think my earlier company is not willing to sign on application form, there is also no appointment letter and relieving letters received from my earlier company as it is local company, what is the alternative steps to apply. Please let us know.

  267. Arjun says:

    HI,

    Thanks for the above info.

    I have noticed in the UAN account that, the EPS was going at RS 541 till last month. But it started to deduct 1250 from last two months. Please advise whether there is an increase in the limit of the EPS from the employers contribution.?

    Thanks
    Arjun

    1. It might have happened due to increase in the minimum pension amount of Rs 1000

  268. Tushar says:

    Hi Manish,

    I have one question, from last three to four months back my company has started to deduct EPF from our account. my basic salary is 9000 Rs. please suggest me if i want to stop this then can i do it ?

    Tushar

  269. priti says:

    hi manish,
    i have worked with a company for 4 years and now left that company.
    i am going to join a new company in 15 days.can i withdraw the pf amount from the previous company and opt for a new pf account in the new company?

    1. That would not be possible .. You can just withdraw it or transfer it to new EPF

  270. Gaurav Srivastava says:

    Hi Manish

    If I transfer the EPF+EPS of previous organization to current organization, would it transfer the full amount (i.e. 12% of employee EPF+ 3.67% of employer EPF+ 8.33% of employer EPS) or still a part to EPS will be transferred.

    Thanks

    1. Everything will be transferred !

  271. Gaurav Srivastava says:

    Hi Manish,

    Thanks for this article. Really it helped a lot. I have never seen this kind of article over EPF and there were so many myths in my mind which has been cleared.

    Thanks

    1. Thanks for sharing that !

  272. Shwetha says:

    I have a provident fund account with EPFO. The scheme is EPF 1952.
    About 9% of employees contribution is diverted to pension fund.
    What is the eligibility criteria for getting the full benefits of pension fund. Is there option of lump sum withdrawal.
    On enquiring with EPF office, they say minimum 10 yrs service should be there to be eligible. For those members who retire after, say 8 yrs, at the age of 58, will they not be eligible for any pension?

    1. 10 yrs service is compulsory ..

  273. N. Dattani says:

    Sir,

    Thanks a lot for the information about these important rules.

    I’ve got the UAN for my current 7 years+ PF A/c.
    I’m going to join a new employer after 2 months. The new employer will just start depositing to the UAN. Inter-division PF transfer will be done. My membership will continue.
    I want to partially withdraw to purchase a new house after the job change.
    Is it compulsory to complete min. 5 years with the new employer to get this done?

    If yes, kindly suggest if that can be done within these 2 months.

    1. I am not sure on this as of now .. will do a complete article on this topic !

  274. monotosh_mondal says:

    IS THERE ANY WEBSITE WHERE
    WITHDRAWAL OF
    EPF AND/OR EPS IS DONE..
    LIKE
    TRANSFER OF EPF..
    I WANTED TO WITHDRAW THE EPS..

    1. monotosh_mondal says:

      can anybody say..what are the rules of EPS withdrawal…
      i only want to withdraw the EPS..

      1. I dont think you can just withdraw EPS part !

  275. venkatesan says:

    Dear Sir,
    if new joiner enter in the company regarding what kind of pf form his / her fill.

    1. You dont have to fill up anything other than what company gives you . This happens automatically if the company has the EPF facility !

  276. venkatesan says:

    Dear Sir,

    I’m working A company here employees saying i don’t want EPF benefits.if it’s any possibility is there to get exemption of those employees.Kindly do the needful.

    1. yes, you can get exempted . Read the article . Its mentioned there

  277. Arpit Bansal says:

    Hi,

    I have a Query related to Employee Provident Fund (EPF) and Employees Pension Scheme (EPS).
    The 12% of monthly basic salary goes to EPF (employee contribution) and same as employer contribution.There are two parts of employer contribution .

    First is 8.33 % of basic salary goes to Employees Pension Scheme (EPS). Earlier It was fix as 541.00 before September 2014. But now it 8.33% of basic salary (>15000).
    I just want to opted out this pension fund scheme (EPS only ) and I want the total 12% of employer share will to Employee Provident Fund (EPF).

    Is It possible? This scheme is very bad for Private sector employees.

    1. monotosh says:

      NO..its fixed by the government

    2. monotosh_mondal says:

      ONE SHOULD ALWAYS TRY TO WITHDRAW EPS BEFORE ITS COMPLETES 10 YEARS..
      AS
      1) no interest for EPS
      2) as you said the contribution to eps has increased means less money in the end..

      EPF WITHDRAWAL IS NOT POSSIBLE BUT EPS IS POSSIBLE

      TRY IT ALWAYS

    3. Hi Arpit

      Sadly its not possible to make any changes in your EPF !

  278. monotosh says:

    SIMPLE – IF YOU DON’T CARE ABOUT MONEY NO NEED TO WORRY..
    LET YOU PF MONEY REMAIN IN ACCOUNTS NOT UNITED AND YOU CAN WITHDRAW WHEN YOU REACH AN OLD AGE..

    UAN IS NOT CREATED BY COMPANY BUT IS CREATED BY GOVERNMENT…
    COMPANY CREATES A NEW PF ACCOUNT.
    UAN ASSIST’S IN UNITING ALL THESE PF ACCOUNTS..
    YOU CAN KEEP SAYING YOU DON’T KNOW ANYTHING ABOUT YOUR UAN NUMBER…
    IF YOU CHANGE COMPANY TO D..
    TRANSFER YOUR B AND C TO D..OR ATLEAST C TO D..
    AND WHEN YOU RETIRE ..YOU’LL HAVE TO DO 2 WORKS
    withdraw money from you UAN ..and ..try to withdraw from C..

    1. monotosh says:

      ALSO ANOTHER THING..COMPANY CAN CERTAINLY DO THAT BACKGROUND CHECK…
      I THINK YOUR COMPANY DID’NT DO THAT BACKGROUND CHECK WELL
      ..OTHERWISE THEY CAN FIND ABOUT YOUR COMPANY B EASILY..WITHOUT EVEN LOOKING INTO THESE PF..THINGS…

      1. raju says:

        They are asking about to fill up the pf forms ,if i mention i dont have Uan,they will try to create new uan for me and that time is there any conflict occur .please suggest me one person can contain multiple uans?

        1. monotosh_mondal says:

          NORMALLY FILLING THE PF FORMS IS TOLD WHEN YOU RESIGN FROM THE COMPANY…
          YOU COMPANY WILL REGISTER A UAN WITH THE CURRENT ACCOUNT IN YOUR CURRENT COMPANY…

          WHO IS TELLING TO FILL UP THE PF FORMS..
          PLEASE ELABORATE YOUR PROBLEM..WITH CLARITY..BEFORE SEEKING SOLUTIONS..

        2. monotosh_mondal says:

          I THINK YOUR PF TRUSTS WILL BE MAINTAINED BY THE EMPLOYER THEMSHELVES…
          THAT IS WHY THEY ARE ASKING YOU TO FILL PF FORMS..
          NORMALLY I HAVE SEEN IN A NEW COMPANY AN AUTOMATIC PF NUMBER IS GENERATED BY THE COMPNAY WHICH WILL BE LINKED TO THE UAN..AND YOU DONT NEED TO FILL ANY FORMS..
          ASK THEM WILL THEY CREATE A NEW UAN IF YOU DONT PROVIDE THEM..
          USUALLY IN CASES WHERE THE EMPLOYER ITSELF MAINTAINS THE PF TRUSTS…ITS DEFINATELY LESS STRESS FROM YOUR POINT OF PROBLEM

  279. raju says:

    Hi ,

    I started my carrer with A company. and after that i joined B company they alloted a UAN Number,but unfortunately i quit the job and after some time i joined in c ,But while i am joining i did not give information about the b company name to Current Employer.

    can i ask to my current employeer to create New UAN and pf account ,becuase if reveal my UAN to my current company ,they will ask me about B Company .if i say why i quit the job ,again i am in trouble .

    What my question is i have UAN number and i dont want to reveal the UAN to current employeer(because i may loose job).is there any alternate solution for me.

    if i say like this i dont have uan or pf account .what are the consquences i have to face in the future.is there any chance for my employeer to know about the prevois uan ,pf details Through UAN database I am not thinking about the pf money .i am thinking about the job

    1. Then you better apply for withdrawal from the company B EPF . No other choice to you !

  280. Niranjan murthy says:

    i worked 1 yr in previous company and resigned in 2011 now i have to dithdrow my pf in previous company, can i?

  281. venkatesan k p says:

    Dear sir,
    now provident fund will change the basic selling 6500 to 15000.my company has various allowance like(basic+da+hra+washing allowance+special allowance)
    so based on this which is i’m not pay amount for provident fund.i consider with my friend send to we no need to pay HRA amount for pf.

    example:basic+da+hra+wa+special allowance=25623
    10249+2562+4100+1025+6150=2563
    here i’m not pay for hra allowance.it’s provident fund rules

    if like wise if any rules is there kindly give a solution sir

    1. I didnt understand your query

  282. venkatesan k p says:

    Dear Sir,
    i’m worked 7 month in xyz company.i applied in online transfer of epf account joining the new company.but still my previous company not approval and i made a call many times he is not approval sir.. it’s any solution’s is there ah sir.kindly help me
    because my previous company has to my Provident fund

    1. Now you should file a RTI asking your queries to them . It will work

      1. venkatesan says:

        Dear Sir,
        Recently our provident fund is change the pf selling 6500 to 15000.before we paid only 6500.but now pf selling is to pay up to 15000.so any exemption is there like we know need pay for hra amount for pf selling.

      2. venkatesan says:

        Dear Sir,

        Thank you..!!!

  283. in the case of a employees death after joining of seven month at company.
    is her wife can claim for pension scheme..
    can she is able to apply for that or not…?

    1. If she is on nominee name , then she can apply , if not . then still she can if she is a legal heir (which she is)

  284. Mudit says:

    Dear Manish, I was discussing with my last employer (Indian Private Sec Bank which I left in Sep 2005) to transfer the PF to my present employee now. I have received the PF statement from them recently where they have not given the Interest post Nov 2005. I have enquired about the same to which they claim that as per the bank’s policy they will only give Interest till 2 months post relieving and not beyond that.
    I understand that after 3 years the account will become dormant and I will not receive Interest which in my case should be Sep 2008. Can you pl guide me in this situation on:
    1. Can a bank / company have independent rules for interest payment like in my case.
    2. If they have to pay interest for at least 3 years what will be the process and under which rules / sections should I pursue them for the credit of Interest on the amount accumulated.
    Many Thanks,
    Mudit

    1. Mudit

      Your employer job is only limited to deposit your PF money with EPFO , after that its not their responsibility . The interest is added and paid by EPFO . So for all the things you need to check it with EPFO .. File a RTI and check !

  285. Sharad says:

    Hi Manish,
    Very useful article.
    After reading your full post with individuals queries and there responses. I checked my EPF statement through UAN website and came across that the EPS amount not gets transferred to new PF Account.

    Here are my details.
    I worked with company X for 20 months (Nov 2005 to June 2007) and left that and joined another company Y in July 2007.
    I initiated the PF transfer with new employer and after taking 3 years, in May 2010, I received letter from EPFO Thane that Amount Z is transferred to my new EPF Account.
    But when I am referring the EPF Account passbook, I am seeing that Z amount is only of Employee + Employer contribution with Interest.
    Amount of EPS is missing which would be 541 * 20 = Rs 10820.
    Please help me on this. how can my EPS amount will also be transferred and credited to my my PF Account.

    Thanks in advance,
    Sharad

    1. Sharad says:

      Hi Manish, can you please share your thoughts on my queries.

      thanks,
      sharad

    2. Sharad

      you can get the right update on this from EPFO only . I suggest use RTI and ask your questions with them ..

  286. Nithin R says:

    Hi Manish,

    Your article is fantastic. Clear cut information everywhere.

    I have one query. I worked for 4 years 6 months in my first job.Recently I changed jobs and got my EPF transferred via Form-13.
    Now I want to withdraw my EPS using form-10C. (Yet to submit form)
    In my new company, my EPS deductions are still happening. Is there anyway to opt out of EPS scheme ? (Since I am withdrawing my old EPS money). Already 4 credits have happened unto my EPS of 541/-.

    Thanks in advance.

    1. Nithin R says:

      To add further to my comments, what I meant is : If a person withdraws his EPS via form-10C after quitting a job, then will he be eligible for the EPS scheme anytime in the future ? (Say,in the new company)
      Do we need to intimate new company via Form-11 ?

      I read somewhere that if basic is more than 6500/- per month than one can opt out of the EPS scheme and request complete 12% of employer contribution towards EPF itself. Is this true ? If so, have any rules changed in the recent 29th August 2014 circular ?

      1. You will still be in EPS scheme in new job ..

  287. Sharad says:

    I have another question-
    When i changed the job, the new company was not having PF account, instead they are depositing it under PF board. later they opted the govt EPF account and transferred the whole EPF + EPS amount to govt EPF account.
    In this case, how the Table D (to avail pension) will work.
    Does the 10 Year needs to be completed with govt EPF account only.
    Please help me in understanding these aspects.

    Thanks,
    Sharad

    1. There is no Govt EPF and normal EPF .. I am not sure if its NPS ?

  288. Sharad says:

    Can you please share the impacted details after the change in EPS scheme based on the revised minimum basic from 6500 to 15000 pm.

    Thanks,
    Sharad

  289. wilson says:

    I would like to know the procedure for withdrawal partially for marriage purpose.

    1. Hi Wilson , a form has to be downloaded from EPFO

  290. Prakash Patil says:

    Dear Manish,
    Thanks for the informative 10 points. I still have a doubt wrt EPS (Employee Pension Scheme), in case an employee has worked for 4 and 6 yrs in 2 seperate organisations without canging his PF account, can he avail the benefit of getting Rs.3,500/- per month after his retirement ?

    1. ONly if you have enough money in your EPS , then you can get around 3,500 , but if its less, then you will get proportionate amount ..

  291. ASHISH KUMAR SHARMA says:

    Dear Manish Chauhan
    First of all thanks for helping the people and for improving the knowledge about the PF system.
    Sir I had a query:
    1:I want to withdraw amount from my EPF. EE part is 185000, So how much I can withdraw. Years of service is 6 years.
    2. I want to withdraw for buying a flat so what documents will they ask.
    3. Time taken to withdraw the EPF and the process of withdraw

    1. They will ask for proofs that you are buying the house , like the payment proof for booking etc . Also they will issue the cheque in name of builder only

      How much you can withdraw should be enquired from the EPFO department itself using RTI !

  292. Shiva Kumar says:

    Hi Manish,

    I changed my employer 6 months back and now i am planning to initiate PF transfer to new employer. I have a couple of questions.

    1. When does the EPFO deposits interest for the year 2013-2014 (up to March 2014) to the existing PF accounts?
    2. If I initiate the PF transfer now, will I lose the interest for 2013-2014 year or it gets deposited to new PF account automatically?
    3. Given that UAN allotment is in progress is it a good time to initiate the transfer or should we wait until it is allotted?
    4. I already received UAN for my old PF account and I think i will get another one from my new employer. I hope i should use the UAN number allocated with new PF number since I plan to transfer old PF to new account. Please confirm.

    Thanks
    Shiva Kumar

    1. I still have to study UAN .. I will do a complete post on that soon

  293. Kaushik G says:

    Hi Manish,
    Thanks for the article. I have an EPF account, but I will shortly be joining the govt service. What is the best option – to close the EPF account or let the balance remain idle? If latter, what happens when no contributions received?

    Thanks!

    1. Better not do it , For 3 yrs it will earn the interest but after that it will not !

      1. Kaushik says:

        So you would suggest that the best option is to close it?

  294. Huzaifa Cutleriwala says:

    Hi Manish,

    I left my Job after completing 25 months of service and it was my first job and Applied for PF transfer and when i calculate my PF amount till the time of leaving the job it comes to 24248 along with EPF and EPS, however when the amount is transferred and when i check the same it is just reflecting as 20217. So where is the remaining amount i am unable to calculate the same.

    Kindly help to understand the calculation because i haven’t withdrawn my money i transferred it’.

    1. It might happen that your company has not paid the full money to EPFO .. check with EPFO using RTI !

  295. Navraj Pokharel says:

    Sincerely appreciate you for the article.

  296. Vinod says:

    Manish,
    I need a clarification on Point 4. Although the EPS part does not earn any interest, at the time of withdrawal you will not lose any of your capital. For an employee who has worked for 6 years in an organisation his contribution to EPS will be 6500*6, but during withdrawal he gets 6500*6.4 ( from Table D ). Can you please clarify this for me.
    thanks
    Vinod

    1. I think its minimum of both amount ..

  297. Ramanath Reddy says:

    Sir,
    Am recently recruited in Govt Sector..My Basic+DA is 28000/–if i not opt for EPF then i get total salary including Employee&Employer Contribution or not??kindly confirm it plzzzzz

    1. NO , in that case you will not get employer contribution

  298. Raju says:

    Dear Manish,
    Thanks for the great article. Highly appreciate sharing the knowledge with all.
    I have 12 years in EPF and currently my company has own PF trust. Now I have an offer to join a company where number of employees are only 9 and hence they do not have PF. Could you please tell what are the options I have ?
    1) Can I transfer EPF to PPF ? If I can transfer to PPF, can I take loan from that ? Is there any limit for transferring from EPF to PPF ?
    2) Can the present company retain the PF for some more time ? If so, how long ?
    3) What are the tax implications in different cases like withdrawal, EPF to PPF conversion ?
    4) Can my current company give “scheme certificate” ?

    1. 1. NO , there is no relation between EPF and PPF

      2. No idea on that.

      3. If you withdraw it , there will be no tax as you have completed 12 yrs

      4. That only your company can decide

  299. reji says:

    Hi Manish,

    I have just completed my 10 years service with current organisation last month and this month I will resigning. Is there any provision for the PF withdrawl?

    1. Definitely. When you will leave the company . On the last day , the company will ask you for that. So at that time you fill up all the forms and apply!

  300. VK says:

    Hi Manish,

    i completed 10 yrs in a org & i was hoping i will get my complete PF :-)….. but i got to know that i will get no PF as its auto pension scheme :-(((((( (huge disappointment)…

    will i get any money now ?

    1. What is auto pension scheme ?

  301. SHIKHA says:

    Hi Manish,
    I withdrew my EPF amount this year in January and received 70,000 after tax deduction of 8,000, as I worked for 3 years from 2004 to 2007. I want to know if I can claim TDS since I am no longer working. If yes, can you please explain as to how can I claim it? I have form 16. Please recommend a good site for IT claims. Thanks!

    1. No you cant claim it. Its the tax you needed to pay and it has gone . On the other note, I suggest check if you have paid full income tax or something is remaining ?

      MAnish

  302. sharad says:

    hi Manish,

    i worked with a private company for 13 months post that i abscond from the company. hence i dont have releaving letter with me and my clearance was not done from company,however,is it possible for me to withdraw my PF now. If yes can you please guide me how i can proceed.
    i am already working with a company from 1.6 years now where i have not initiated my PF.

    Please advise in need of money.

  303. Deepa Dixon says:

    Hi Manish,

    My husband has a purchase agreement with a power for consideration agent towards purchase of a residential land. We have decided to withdraw from the EPF for financing the purchase. But we have a lot of clarifications regarding the filling up of the new declaration.

    1. Name and address of the owner of plot from whom agreement executed – We do not know whether we have to provide the address of the owner, or the details of the person holding the power for consideration as the document entitles him to sell the property to us. It is a registered valid document. Please help

    2. Can we withdraw from the PF for purchase of a dwelling site or is it mandatory to construct a house immediately? If so what is the time limit for constructing a house on that site? Kindly advise.

    3. Please note that this is just a residential property in a small town and in no way like the plots sold in cities. The area is 25 cents (approx. 4.5 grounds)

    Deepa Dixon

    1. 1. It has to be address of owner
      2. I think the money will come to your account, you will have to give the proof of buying

  304. P S Prakash says:

    In 2008, I resigned from a central PSU after serving for 6 1/2 years, to joining another PSU. My application for recruitment with my present employer was ‘through proper channel’ from my previous employer. Now, I want to withdraw the PF accumulations with my previous employer instead of transferring the same to my present employer. Both the PSUs have their own trusts managing the respective ‘Contributory Provident Fund’. Is it allowed ? If so, how ? If not, pls let me know the rationale ? Regards…

    1. PF cant be withdrawn if you are employed !

  305. Tajinder says:

    Under what circumstances can a company avoid paying / deducting the EPF contribution.?

  306. Pritam kumar Ghosh says:

    I & my mother have 50% share in our ancestral house.It has a home loan in our name.Now if I want to repay the loan by withdrawing money from EPF,is that possible ??

    1. Yes, you can do that !

  307. Vijay says:

    Recently I submitted form 31, for purchase of site. I realized that my ask from PF is less than what im entitled to, is there a option to resubmit a review form to modify amount advance that im eligible/entitled.

  308. Sombir Yadav says:

    Dear Sir

    am work in a company , but am not agree for epf and esic deduction, is it possible to produce an affidavit which is been useful to clear it my liability as well as company too.

    1. I am not clear what is your question here

  309. K Mehta says:

    Hi Manish,

    I am about to change companies. My query is that can I transfer the EPF part and withdraw the EPS past(service duration = 6yrs) simultaneously, or is it that I either have to transfer both or withdraw both.
    From the article & the Q&A below I gather that I can but just want to confirm.
    Q1. So basically can I fill Form 13(Transfer EPF) and Form 10 C(EPS withdrawal) at the same time ?
    Q2. Secondly since I will be transferring my EPF, hope this withdrawal of EPS will not affect the taxability of EPF, it still remains tax free.
    Request you to kindly guide.

    1. I have never seen someone do that, but just because both have 2 different forms, you can do that it seems

  310. Nitin says:

    Hi Manish,

    Your article is very informative.
    I want to know what happens to EPS when we transfer our EPF from one company to another.

    Does EPS also gets transferred ?

    1. EPS has a seperate form, which also needs to be filled

  311. Ramesh A Golabhavi says:

    Sir I am on 08/12/1999 joined as a co-operative bank worked upto 28/10/2008. That is an average of 9 years work done. But now I am Preseitnly working in Souharda Credit Society, from 29/10/2008 till today. I am now 42 years old there have been a transfer the EPF account . when I Resign the Job I will get the Pension amount or not Please inform me sir.

    1. Yes you will get pension , but not at the time of resigning , but at the time of retirement only

  312. Sandra says:

    Hi Manish,

    I really appreciate your article. This has been an eye opener. I have a doubt i would like to know can an employee pay on behalf of the employer.

    What if an employer makes us pay on his behalf. Is there any rule. Can there be something done.

    1. If employer is deducting it from your salary, then it was mentioned as CTC part only . There is nothing illegal about it, just that you were not have that much idea to check it at the time of joining !

  313. Anil says:

    Hi,

    Excellent info. Thank you very much for sharing this.

    Regards,
    Anil

  314. AJITH VS says:

    Hi maneesh,
    Me and some of my friends are facing an issue.we have a PF number from our first employer 7 years back.we closed that pf account when we shifted the job.But the first company is closed now.There is no possibility to get the previous details as company is closed and i have FORGOTTEN the previous PF account Number.
    Now the issue is like new employers are asking for the OLD PF NUMBER FOR BACKGROUND VERIFICATION.
    Visited the PF Regional office but they are not providing the details
    Is there any way to get my closed PF account number by providing the Company name and my details via RTI.
    What are the documents i need to submit.
    Please help as it is very urgent

    1. File a RTI now with EPFO and give the rough details you have about the old company

      Manish

  315. P.Ravikumar says:

    Mr. Manish
    I was appointed by an Partnership firm in 1988 as a Accounts &
    finance Manager and retired by 31.3.2013, As per agreed terms of
    appointment , the EPF was deducting by the employer at the
    prescribed rates on entire salary amount irrespective of limitation of
    Rs 2500 / 6500. The company was regularly remitting the same to to EPF along with equal contributions by the employer.
    On 1.4.2011 there was change in the Management and following the
    same procedure as above by remitting contributions.
    The New management did not remitted the contributions since
    they assumed office , which paid recently I,e. December 2013 against
    the summons issued by the Asst Comissioner/ Enforcement Officer.
    Now when I submitted the prescribed forms of 10D, form 19 duly filled
    and signed by me , to the Management , not attesting the same and
    willing to recover the excess contribution made on entire
    salary amount over and above Rs 6500 prescribed, is injustice
    on their par and contrary against the understanding arrived at
    inception.
    Since 1 year I am suffering due to this , leading to fail in submit my
    application to EPF either for getting the Refund amount and
    Fail in submission of pension application to EPF because of their
    changed attitude.
    Pl suggest and guide me whether
    < what is the procedure for claiming my refund and Pension amount ,
    if the Employer denies to attest my applications
    < Whether EPF / Court can issue any instruction against me t to reimburse the same or charge against the funds in my credit
    with EPF.
    < What are the Legal implications in it.
    Kindly clarify the same.
    Thanking You
    P.Ravikumar

  316. Srikanth says:

    Hi Manish,

    thanks for very valuable information.

    I was served for 11 months in an organisation, They was forced me to resign the job due to recession. So i left the organisation 1 year back. now i want to withdraw my PF can i get EPS amount along with EPF amount??
    please confirm.

    1. When you fill up the withdrawal form, you will have another form for EPF . fill that also

  317. P.Ravikumar says:

    Mr. Manish
    I was appointed by an Partnership firm in 1988 as a Accounts &
    finance Manager and retired by 31.3.2013, As per agreed terms of
    appointment , the EPF was deducting by the employer at the
    prescribed rates on entire salary amount irrespective of limitation of
    Rs 2500 / 6500. The company was regularly remitting the same to to EPF along with equal contributions by the employer.
    On 1.4.2011 there was change in the Management and following the
    same procedure as above by remitting contributions.
    The New management did not remitted the contributions since
    they assumed office , which paid recently I,e. December 2013 against
    the summons issued by the Asst Comissioner/ Enforcement Officer.
    Now when I submitted the prescribed forms of 10D, form 19 duly filled
    and signed by me , to the Management , not attesting the same and
    willing to recover the excess contribution made on entire
    salary amount over and above Rs 6500 prescribed, is injustice
    on their par and contrary against the understanding arrived at
    inception.
    Since 1 year I am suffering due to this , leading to fail in submit my
    application to EPF either for getting the Refund amount and
    Fail in submission of pension application to EPF because of their
    changed attitude.
    Pl suggest and guide me whether
    < what is the procedure for claiming my refund and Pension amount ,
    if the Employer denies to attest my applications
    < Whether EPF / Court can issue any instruction against me t to reimburse the same or charge against the funds in my credit
    with EPF.
    < What are the Legal implications in it.
    Kindly clarify the same.
    Thanking You
    P.Ravikumar

    1. For the amount they didnt remit, its between you and company , It amounts to fraud and you should file a case on them for this .

  318. Deivanai Ganesan says:

    can we avail loan for Purchase of Plot/Flat once and repair of house once and closing of housing loan once. Here you have not mentioned anything about education loans. Kindly confirm how many times an employee can avail loans in various category.

    1. For purchase of plot and flat, only once in lifetime

  319. Komal says:

    Hi Manish,

    I have got my pf transferred to my new company and can see the PF balance (Employee + Employer) cotribution transferred. Service period @ old company 3 years.

    But if I check member passbook of my new Employer I cannot find Pension fund amount transferred.

    Can you please explain doesnt the Pension fund balace get transferred. If not where can I get the total amount accumulted in pension account.

    Rgds
    Komal

    1. Mrinal says:

      Hi Komal,

      Same thing happened with me and i think that the EPS Amount does not get transferred . I “guess” that you can still withdraw your EPS amount by Filling Form 10C with your previous employer . Talk to the HR There , She Might assist .

      Point 4 here http://www.epfindia.com/Forms/Forms_Instructions/Instructions_Form13.PDF

      “No fund under the Pension contribution is transferred until the establishment(s) is exempted under the Pension Scheme “

      1. Komal says:

        Thanks for addressing same. So in case I do not withdraw this amount it will be accumulated and considered in my final pension calculation. Am i correct?

    2. You will not see it, because its not upto date !

  320. A.R Ujwala sandeep says:

    Dear Sir

    I would like to know if the organisation is allowed to deduct my constribution (employee contribution) as instructed by the employee. My contribution will be more.

    Regards
    Ujwala

    1. I am not sure what exactly is your question ?

  321. A.R Ujwala sandeep says:

    Dear Sir

    I am holding an EPF Certificate with me. I am 43 yrs OLD.Current organisation has given me new PF account number. How do i Tag on this new number to the certificate

    Regards
    Ujwala

    1. I think you want to transfer the old account money to new one .. IN that case you will have to apply for EPF transfer !

  322. Chetan says:

    Dear Mr. Manish

    You have mentioned 10 hidden EPF rules above. In this you have mentioned in rule 7 that One can opt out of EPF if he wants, the only condition is that he should not be registered previously.

    My query
    1. In this case what about the employer contribution ?
    2. Suppose if some employee is already registered in EPF, and he changes the job. Now his new salary is more than 6500. Can he decide not to contribute to EPF. Is that possible ?

  323. Priyankar says:

    Hi Manish,

    Much beneficial article ..

    I have left my presnt job in India & moving abroad.My questions are :
    1>will the interest payment will continue in my present EPF account,even if no contribution is there?
    2> Will i need Employer’s suport(eg;Seal & Sign etc) on the withdrwal form after 4- 5 years? –as the good contacts might not be there after so many years.
    3> In case i join back any indian firm after 2/4 years, will i be eleigible for pension payment sheme after 58years age ? i mean 6 years in present organization, 4 years abroad & 4 years again in India -will this schedule qualify to meet the rule of 10 years of EPS ?
    4> Can i transfer the EPF account after 4 years ?

    Looking forward to your answers .

    Regards,

    Priyankar.

    1. 1. Only for first 3 yrs , after that it will become inactive

      2. Yes, but in worst case you can withdraw without their support , because now you are unemployed , you can show that you left India long and are now unemployed.

      3. No

      4. Yes

      Manish

  324. Ravikumar G says:

    Good article! Thanks for the information.

  325. Raman says:

    x Dear Manish
    I have quit my job during Jan 2014 , my age is 51 , iam with out a Job as of now , How do it withdraw all my PF Money please do mention the steps thanks and which is the safest way of investment with ZERO RISK FREE thanks
    Raman

    1. Hi Raman

      I would need to do a full article for explaining that .. better search for how to withdraw your EPF , and you will land on good articles regarding that !

      Manish

  326. Mahesh says:

    Dear Manish,

    Truly informative. Eye opener. It also brings out what goes on in the EPF organisation at the cost of subscriber.

    Thanks.

  327. Ankit says:

    what if my second company do not have PF procedure ??

    1. In that case you can just withdraw your old EPF

  328. bhasker says:

    Manish ji,

    i am working in pvt co. i had completed 7 years, in between i had purchased a plot in may name, for this i had taken a loan of 5lks, so i want to repay the some principal amount of loan, can i withdraw from my epf account,

    waiting for valuable suggestion.

  329. Sukla Ray says:

    Very nice article.
    Now I want to know that what is the maximum amount I will get against a House loan or repairing of my existing house.In my Company 6500/- is the BASIC limit for PF and my basic is much higher than it.
    Also pls provide the exact formula to calculate the interest .I have calculated cumulative interest at the present PF intt rate but the amount is not matched with the amount shown in my PF STATEMENT.

    1. Hi Sukla

      Are you not able to calculate it using the numbers I gave in Article ? your PF department (finance dept) will be able to help you on this

  330. raj says:

    Great article it is…….thanks a lot but i realised that i have made a mistake in terms of nont opting out of EPF on my first job………. what if i say to my next employer that i have opted out of pf from my first job n i dont want to be part of it… how pf department will come to know whether i am in job or not…..

    1. Raj

      Do you have EPF or not ?

  331. Narinder Kumar says:

    Thank you for such a informative article!!
    I have a Q for which I need your help.
    My actual name is “Narinder Kumar” whereas by mistake my employer has opened by account with PF department as “Narinder Sharma”!! Now I have a concern that it might be create a problem for me at the time of withdrawal of my PF savings, as I don’t have any Bank account in the name of “NARINDER SHARMA” . Therefore I want to correct it in PF department. I’m following up with my employer from last four year for this correction but it is not yet corrected.
    Please suggest that whether it will create any problem for me at the time of PF withdrawal? Or how can I correct my name in PF department?
    Thx / Narinder Kumar

    1. Yes, it will surely create a big issue in future. What you need to do now is file a RTI to EPFO asking for what you need to do here in this case ! and then complete that!

  332. Bala Kishore says:

    Sir,

    In your point no. 4 above as per your calculations, if i leave the serve at 6 years, I will get 6,500 * 6.40 = Rs 41,600. And the contribution to EPS as per your text will be maximum of Rs. 541 per month… that means I am contributing 541 * 12 * 6 = Rs 38,952. Which means I am getting more than what has been contributed to EPS. Then why you are making scary by your projections of taking assumtion of Rs. 1,00,000 to EPS etc…

    1. Thats just an example !

  333. Praneet says:

    Hi Manish,

    I have 4yrs of IT experience,
    I am about to leave my current company.How much percentage of tax will be levied on my PF amount if i withdraw it.

    1. It is based on your SLAB , there is no fixed rate, if you are in 30% slab, then 30% !

  334. Sanil says:

    Dear Manish,
    I understood for a site purchase I can withdraw 24 times of my basic salary or Accumulation, whichever is less. But one confusion accumulation means only Employer contribution or Employee contribution also.
    Could you please clarify.
    Regards
    Sanil

  335. Ashish says:

    Hi Manish,

    I came to US more than two years ago and since then there is no contribution to my PF. Now I work for a US company which obviously is not contributing to EPF. Will it be illegal to withdraw EPF balance by stating that I do not have any job in India?

    Can you guide which form I need to fill for this?

    Thanks,
    Ashish

    1. Not at all, its perfectly fine to ask for WITHDRAWAL .. you might have to mention that you are now in US and want to withdraw your job, it will be required by you to produce your VISA and also some proof of you being in US . just make sure you use RTI here for faster processing if possible !

  336. Sumit Bakshin says:

    After going through the complete article, it feels that there is no stone left unturned in this area of knowledge. I am very impressed with the content provided in the thread and your helpful attitude Manish.

    Thanks once again for this meaningful article.

    Regards
    Sumit

  337. Nisrin Manva says:

    Hi ,

    i have recently resgined from my company post 10 yrs of service. i understand now that i can withdraw EPF and not EPS. Although for my understanding, how much % from the the overall funds can i withdraw. Also how do i claim for EPS at age of 58?

    1. Better open a thread for discussion at our forum for this – http://www.jagoinvestor.com/forum

  338. SHAN says:

    Hi Manish,

    Got it confirmed from the finance team of my previous employer that, via Online transfer request, both EPF & EPS would get transferred to the notified PF account. No need of applying via separate form.

    Shan

  339. Shan says:

    Hi Manish,

    I have initiated my EPF transfer online from my previous employer to my current employer. I dint see a provision in that online form to include EPS for this transfer.

    Will both my EPF & EPS amounts get transferred to my current EPF account?

    Appreciate your help on this.

    Regards,
    Shan

    1. I am not sure if EPS form was given to you or not . Please check with employer once if that was filled ?

      1. SHAN says:

        No manish,

        There was no option in Online application form to include EPS while initiating a transfer.

        My question is if its not included part of online transfer, then how to transfer that amount to my new PF account. And the form to be used for that?

        My previous employer wont have it unless i fill that specific form and give them right?

        Shan

        1. I believe its form 13, which you can download from EPFO website

  340. Jadeja Kuldip says:

    How can i request for a e passbook on member portal or mail or sms ? and when i download it from member portal it shows only trancisation up to nov-2012.

    1. Yes, but thats a rotten system . do not rely on that. Use RTI to access the information from EPFO , its the best , but slow way !

      1. Jadeja Kuldipsinh says:

        I can not understand what u want to say ? Please explain in detail ?

        Regards,

        Kuldip.

        1. I mean to say that the e-passbook website has lot of issue and they do not update the records . But if you use RTI , it will give you 100% correct answer, but it will take 40-50 days, it will not be instant !

          1. Jadeja Kuldipsinh says:

            ok Thanks for information. How can i use RTI ? Please explain in detail ?

  341. Kiran says:

    Hi Manish

    Thanks for this useful information

    If only 541 is going towards EPS than how much pension one can get from it

    1. I have already mentioned about it in the article itself, did you not get it ?

      1. Kiran says:

        You have mentioned maximum limit 3250, but what is the actual amount as I guess minimum amount is 1000. so it can be anything between this, but what are the criteria for calculation.

        Thanks again for wonderful information.

  342. Jyoti says:

    Hi manish,

    I have one question, we have withdrawn our EPF for house down payment 4 yrs back, and my husband has completed 10 yrs of service. Are we eligible for EPS after 58 yrs or can withdraw the amount as per our wish anytime?

    1. After 10 yrs of service, its compulsory to take pension, you cant withdraw it now . As far as my understaning

  343. muralidhara says:

    How much maximum amount to calculate a Provident Fund for the employees?
    Please reply

    1. Not sure what is your question

  344. Suri Mangal says:

    Greetings!!!

    May I request if anyone can suggest me on my issue that I am facing with the withdrawal of my PF. I have been seeing status at the http://epfoservices.in/claim_status and since Oct 16th 2013, I am seeing that my PF has been settled and getting this update: “Claim Form 19 for PF Settlement AGAINST Member Account No (GNGGNxxxxxxxx) has been settled. Payment sent through NEFT). However, I havent recieved anything yet in my bank.

    Kindly help !!

    Regards
    Suri

    1. Hi Suri

      Seems like they payment is first done to SBI bank who then transfers it to final member ! , so you need to co-ordinate it with EPFO ,. File a RTI on this and I am sure it will get settled pretty fast !

  345. Rahul Mukherjee says:

    Hi Friends,

    Could anyone guide me how to solve the PF issue at moment.I was working with CSC india when i got my PF transfered from Satyam and Wipro Technologies.From Satyam computers employee share which is mine was transferred correctly while the employer share which includesPF+PENSION, pension fund was not transfered.I submitted one form 13 to satyam while i was in CSC to get my pf transfered.I downloaded my epass book from government of india and found that pension fund was not transfered .The same was the case with wipro.

    Oct 2007–I joined Satyam and left satyam feb 2010
    March 2010 i joined Wipro and left wipro on may 2010
    june 2010-joined CSC .I applied for PF transfer from both Satyam and Wipro.In both i submitted one 13 form for satyam and one 13 form for wipro.Still the pension is not transfered ,only pf is transfered.

    Could anyone guide me how to get pension fund transfer.I raised grievience with Satyam Computers concerned pf office and they gave the answer-

    This is with reference to your Grievance registered vide Registration Number xx/xx/xx/xx
    It is informed that after processing your grievance,the following action(s) has been taken:
    It is informed that, an amount of Rs.xxxxx/- towards EPF was transferred to xx/xx/xx/xx through cheque NO.xxxx dated 05/01/2011 alongwith the above Annexure’K’ (Transfer document) was also forwarded to the concerned PF office based on which the above amount and EPS (Pensionable Service) which is furnished in the transfer documents were to be credited in your PF a/c to which the above details were sent. As per the EPS rules, the service rendered by you in your previous & present spell of (EPS) service is the only requirement for pension eligibility or for withdrawal.

    Therefore, we are closing your grievance from this office.Please quote the same in your future correspondence.

    I also raised grievenece with Wipro (which has PF trust) and they replied-

    We have received one form 13 and we have processed your PF amount and If you would like to transfer your Pension a/c to your new employer, please send us one more form 13 transfer applications to the below mentioned address through your new employer, On receipt of the same we shall process and transfer your Pension a/c.
    1. EPF and FPF A/c No. is one and the same.
    2. Please note that your PF a/c is maintained by Wipro Provident Fund Trust.
    3. Trust address is as follows.
    Wipro PF Trust,
    EC 1, 3rd Floor, Tower 4
    No 72 Keonics Electronic City,
    Hosur Main Road, Bangalore-560100

    whatever amount they have mentioned i check in my online epassbook that pension fund is missing while only pf part of employer share is given.Please help me to get my Pension fund transfered.Also why reply from Satyam and Wipro is different

    Regards,
    Rahul

    1. Hi Rahul

      Your case seems to be complicated, but now you should use RTI as tool to find out information about the transfer of EPF and its status

  346. Sathish kumar says:

    Hi,
    I’ve a doubt about pension formula that
    Pension = (6500*35)/70
    My doubt is why devided by 70 ?
    what is 70?
    Please clarify.

    1. Thats just the number , its not a variable !

      1. Sathish kumar says:

        Hi Manish,
        Thanks for your reply.
        I know that it’s a number!
        But why don’t we divide by 40,50,60,80,90,100………?
        I’m asking you the reason that why should divide by 70?
        Please explain cause nobody giving suitable clarification!

        1. I am not 100% sure on that number, But may its some “expected age” ! . Just a guess !

  347. thiru says:

    Hi Manish,

    I am working in a company for almost 3 years. I had informed my employer that i don’t need EPF. But i would like to have now. Can you please tell me how to approach my employer.

    Thanks in advance.

    1. Hmm .. I am not very sure on that part .I think the best thing will be to meet the finance team of your company, they will be able to guide you on this

      Manish

  348. raghav says:

    i have taken the housing loan from EPF in the year 2007 for construction.
    and also i have taken the housing loan from SBI bank on the same purpose.
    a) Can i take the repayment of housing loan ( since still outstanding loan in their in SBI bank). I like to clear the same.
    b) what all the document i Need to submit?

    Thak U,

    1. Hi Raghav

      I suggest you open up this query on our forum for detailed discussion – http://www.jagoinvestor.com/forum

  349. R.Ravi says:

    Mr. Manish
    I have completed 09 years 1 month in the job . I want to withdraw my amount can I get full amount from EPF

  350. anilkumar says:

    Hi Manish..
    I am having one query..If i have worked in some organisation for 35 years and My contribution towards EPS scheme is 541 which is maximum..
    If I resigned from my job and applied for Pension after 58 of age..
    Can i get lumpsum amount which I invested for EPS not in EPF & also Pension.
    As per your detail, If any body worked in more than 10 years the EPS amount will be seased and elgible for pension..The amount which is deposited is EPS, we didn,t get any intrest for that..
    So As per my calculation If I Deposited 541RS monthly in RD for 35 years As 8% P.a Intrest I will get around 12 lakhs..The same amount which I deposited in FD. I will get monthly around 7500 to 8000 monthly as Intrest..
    But the EPS scheme is providing maximum 3200-3500 of Pension If the employee is Worked equal to maximum 35 years of service.
    So As per My opinion Iam losing montly averagely around 3500-4000 minimum..
    If I didn,t get Lumpsum amount for EPS that means they are do cheating with public..

    Can u please tell me. Can i get lumpsum(with or without Intrest) amount and Pension na?

    1. I dont think you will get lumpsum from your EPS part, but for EPF you will get it

  351. Nagesh says:

    Hi,

    I have the following queries:

    1. In my 1st company I have worked for 3 years(Apr-2004 to Mar-2007), In my 2nd company I am working from May-2007 to till-date(Nearly 7 years). Now I have applied for transfer of PF from my 1st company. My question is will Pension amount get deducted from my pf account? Is there any way to stop this?
    2. If I withdraw the money from my 2nd company’s pf account(after getting the pf amount transferred from 1st companY) will I be eligible for pension. How will it work in this scenario?

    Appreciate your help over here.

    Regards,
    Nagesh

    1. I dont think you will be eligible for pension because first reason – you have not completed a continuous service of 10 yrs , and 2nd, it only starts after you are retired !

  352. Wriju Bharadwaj says:

    Hi Manish,

    Say I have a EPF account number available with me “XY/333/SMPL/001199”. How can I find out the EPS account number?

    I recently spoke to a friend who had withdrawn EPF and EPS (through two different forms) where the EPS number was provided by the employer in a pre filled form. When the same was submitted a reply came back saying the account number is wrong. BTW this is a private PF trust.

    Any thoughts?
    Thanks and Regards,

    Wriju Bharadwaj

    1. Hmm .. Actually I am hearing this for the first time. All I knew was a EPF number, a EPS part is already attached to it . I mean its mapped to it ! .

  353. Makardhwaj says:

    Dear Sir,
    Your article on PF is superb, too nice.
    It’s like a ” GAGAR ME SAGAR BHARNA ” i.e. complete information/fact in brief.

    Thanks a lot Sir.

    1. Thanks for your kind words 🙂

  354. Nilabh Sharma says:

    Hi,

    I wanted to know if I can withdraw from my PF to pay for house loan. I have already withdrawn once for my marriage.

    1. I guess you can do that .

  355. Yogesh B says:

    Hi All,
    I have one concern about my EPF account. I gonna explain with example to got the exact point.
    I was worked with one company “C1” for about 3 years with EPF acc. “PF1”. Then I shift my job to company “C2” with new PF acc. “PF2”. Unfortunately, after being with company “C2” for about 3 months, i have had to left the company “C2” due to financial problem of the company mgmt, so I again rejoined to my previous company “C1” and told to continue my PF acc. “PF1”. Now my question is that:

    1. Can I transfer amount from PF2 to PF1?

    1. Yes, why not . you can surely do that. I think your EPF money amount must be very small in PF2, but anyways you can do that. I assume you have not initiated transfer when you left company 2 , now better fill up the transfer form yourself and send it to EPFO !

      Manish

      1. Yogesh B says:

        Thanks Manish.

  356. Sujeeth says:

    Hi Manish,

    I have worked in private company for 3 years. I left company 3 months back. However they were not paying salary properly and EPF amount also. For 4 months i.e. from June 2013-Sept2013 they have paid only employee’s contribution not the Employers.

    Now I want to withdraw my PF. Is it mandatory that for withdrawing do I need to wait untill my previous company pays the balance amount ?
    If yes, is there any provision that I can pay the balance amount and withdraw EPF and EPS money ?

    Thanks & Regards,
    Sujeeth

    1. You dont need to wait for anyone . You can surely withdraw your money right away and because employer has not submitted their own share,you should also file a complain to EPFO on that and also complain to Police on this

      Manish

  357. ModeLearner says:

    I have heard that pension is given only to Government employees. I am working in a private firm and my PF gets deduceted every month. Am I eligible for pension after my retirement? If yes, how should I calculate my pension amount per month?

    1. Yes, but there are some conditions to that which is already discussed in the same article

  358. anitha says:

    i m anitha from vellore i m previous employer of india infoline i was worked in the period 2006 – 2007 how to get my pf settlement kindly suggest me

    1. You have to fill up EPF withdrawal form .. but your company should assist you on that !

  359. Raj says:

    I am a working professional and I have my EPF account. What needs to be done with my EPF account & money if i plan to go for higher studies? I read somewhere that EPF is only for salaried professionals, so I won’t be eligible to make any contributions to this account for 2 to 3 years.
    Would it b wise to start VPF at this point then ?

    1. Better withdraw it !

  360. Nitin Jain says:

    Hi Manish,

    I worked from 2007 to 2010 say in company A and then I joined another company say B in 2010. I worked in company B for 6 months and by default they gave my PF amount after two months. I joined company C meanwhile. I transferred my PF amount of company A to company C. Now I left company C in 2013. Now I have no job and want to start my own setup. Also I am planning to withdrawal my PF amount. So first question is, for me PF amount would be taxable or not? and second is how much time it will take to get money? Please revert me back.

    1. It will be taxable for you , because there was no “continuous” duration of 5 yrs working . Also it can take anywhere from 3-4 months to 1 yrs to get the EPF money . If it takes more than 3-4 months, file a RTI and ask the status of your EPF

      Manish

      1. Nitin Jain says:

        Thanks Manish for addressing my queries

  361. Asha says:

    Hi Manish,

    I have been working for 9+ years and haven’t withdrawn PF when I changed the company. Can I withdraw only EPS and continue the EPF part? If yes, what is the process.

    1. I dont think its possible to just take EPS part , I suggest double checking with RTI !

  362. Honey Malviya says:

    Hello Sir,
    I applied for PF deduction but its showing no record found on EPFO site.
    What can be the issue?

    Please accept and solve my query.
    Thanks

  363. Rajesh Nayak K says:

    Is interest applicable on PF for entire tenure of 7 years, during which period the amount was lying idle with the PF office, in cases where such PF has been got transferred and not withdrawn. As I have recently transfered PF after 7 years (only due to inordinate delay from PF Office) but interest is paid by PF office only for 3 years saying dormant account.
    Please guide me.

    1. Yes, if account is inactive for more than 3 yrs, it becomes dormant and only interest given on it is for 3 yrs, but I think this rule came only 2-3 yrs back . So you should have got even the 3 yrs interest after the news. File RTI to get answers from EPFO

  364. Rajesh Nayak K says:

    Hi,

    I have got my PF transferred after lot of deliberations, visit etc. to PF office at Kandivali Mumbai to my present co’s. Trust.

    This money was lying idle (Rs.83666/-) with Kandivali Mumbai, which was transferred from my previous co. and no interest was accruing as the same was not merged with my PF at Kandivali Mumbai. After lot of follow-up it was finally merged & transferred but with interest for only 3 years. This amount was lying with PF office at Kandivali for almost 6 years (Jul’2007 to Aug’2013) whereas inspite of transferring and not withdrawing I have got interest only for 3 years, hence as against expected amount of Rs.1.38 lacs I have got only Rs.1.10 lacs. with interest.
    Please let me know if i am within my right to get the balance interest as I have not got my PF withdrawn right from 1996 to till date ie. for almost 17 years.

    1. Yes, I think in your case, the transfer was not done by EPFO and thats their mistake. It the transfer would have happened (you would have got all interest) , so its service failure. I am sure you would get the justice, but the only thing is you will have to now fight for your right. I suggest file a RTI to EPFO on this first and then later go to consumer court on this . You will win – but a little late

      Manish

      1. Rajesh Nayak K says:

        Great Manish ji …. I really appreciate your sincere efforts in helping people which is a very noble cause … Keep it up !

        Thanks

        RAJESH NAYAK.K

  365. amin says:

    sir,i had left one orgnasition in 2010 after 4 and half years and join new one.I had not withdraw or transfer pf. Just I have left second orgnistion after 2 and 1/2 years and join new organistion. What I should do with previous both pf.?

    1. YOu have both the options , If you are in need of money , better withdraw else transfer them to your new company !

  366. Abhishek says:

    Nice article. Informative. Thanks 🙂

  367. Abhishek singh says:

    Hi manish

    I have two queries

    Firstly , what is the minimum working days requirement for opening an epf account..mi have worked in PSU but I dont know wether my PF is opened or not..pay slip only shows amount deducted but not pf no.

    Secondl I am joining a new Psu now since there was bond in previous psu I want to keep it un disclosed. .is there any chance that new employer can get details of previous employer through PF details…isnt it linked with PAN card no??

    1. As I know, most of the PSU’s have NPS account opened and not EPF account ! .

  368. Venkat says:

    Does any tax levied when withdrawing EPF (Irrespective of any number of companies you have changed and not withdrawn in previous company switches)?

    1. If its before 5 yrs of working , then it is part of your salary and taxed at slab rate !

  369. vipin says:

    Manishji,

    I would like to know further about EDLI. You said that it gives Rs. 60,000/-. How it will give. An EPF person ( subscriber ) dies while in service normally or by accident . Kindly give your full advice.

    1. it was an example – EDLI is not always applicable , contact your company department on finance to know more on this

  370. Vivek Purohit says:

    Hi Manish, Kindly see below my work history:
    4 years 3 months —- Org A (PF Transferred to Org C)
    0 years 6 months —- Org B (PF withdrawn while joining Org C)
    1 year 6 months —- Org C (Org A PF transferred to Org C)

    Can I take PF advance for buying a flat from my PF account with Org C.

    1. You cant . there has to be continuous 5 yrs of service

  371. Lalit Mohan Gupta says:

    I have taken a house and paid money by arranging from my friends. Though i have already paid 100% amount, i am still to pay society charges and get possession. Can i still withdraw under 5 clause of withdrwal mentioned here. I have completed 5 years of service.

    1. But if the house is already bought, I dont think then you can get it .

  372. shamshad rayan says:

    Hi mnish

    Can you til me EPF rules Wat time i wat time i flip the epf form

    1. Not sure of your question ?

  373. AVIK SARKAR says:

    The post was very illuminative. I have one query though. I worked for @ years in a PSU where there was EPF scheme available. Now I have joined another PSU where EPF scheme is not available instead we are enrolled under NPS (New Pension Scheme). In that case can I withdraw my amount accumulated in previous company or I have to transfer it to my new Company??

    1. You can either withdraw it or transfer it , you have both the choices !

  374. yeoleyogesh says:

    Hi Manish,

    I gone through your post and this is really useful information, thanks for taking initiative and all answers. I have also some queries about the same.

    Last month I have requested for PF passbook through member portal and this month I am able to download the PDF file where all the details are mentioned about my account. I am working from last 5 years in current organization and this is my third company. In second company I worked 3 years and transferred my PF into this current organization PF account, so 8 year balance available in my current PF account. I have gone through your information and also with some of the question/answers flow. Following is the example for my closing balance as per the passbook. Employee Share: 200000 Employer Share: 142000 Pension Fund: 31000

    Now questions are

    1. Can I withdraw the amount for my home loan repayment? If yes then how much max amount can be allowed to withdraw (excluding Pension Fund)?

    2. If I withdraw amount (excluding Pension Fund) before completion of 10 years then can these 8 years accountable for pension?

    3. What is benefit apart from interest if I wait for next 2 more years so that I can complete 10 years.

    4. If I apply for PF withdraw how much time it will take to complete the process. As per my above mention balance which form I need to submit.

    5. In my first company I worked only 4 months (After left the job within one year this company was shut down due to loss) and as per Salary slip PF also deducted hence I went PF office to withdraw that amount but as per them the account is not online for this company and they are not able to find out the my record, amount may be around 5K hence how can I withdrawal this amount? Company ka to diwala nikal gaya so now no one is belong to this company. Please your advice really appreciated.

    6. If I continue my PF account till 58 years and after 58 years still I will get only 3500 per month? (unless there is rule change by government)

    Whenever you are free could you please take a look my big list?

    Thanks much,
    Yogesh.

    1. Yogesh

      Can you put these questions on a thread on our forum – http://www.jagoinvestor.com/forum/

  375. Milind Shah says:

    Dear Manish,
    Very informative and exhaustive article.
    Just wanted to know a couple of things. I had completed 2 years and 9 months when I left my job in August 2013.
    1. How much EPS will I get? 2.05% or 3.1%. The amount accumulated in EPS is Rs.17853/- and my basic salary was Rs. 60000/-
    2. If I withdraw this amount, the same will have to be offered for Taxation in 2013-14. Instead can I wait upto April 2014 and offer for taxation in the new year?

    Regards
    Milind Shah

    1. 1. No idea exactly . But you should get what you have in your EPS at the moment

      2. YOu should transfer it to new EPF , else it will be taxable

  376. sanjay patidar says:

    Dear Manish,

    Well done, u have collected a lot of information through efforts, Its a very nice article. True, very few no the rules of EPF.
    With regards
    Sanjay Patidar

  377. pendse ajay krishnaji says:

    I am looking for purchasing of flat , i have some querries in mind , pl guide
    1. I am withdrawing for thre first time from my EPF account
    can i get withdraw total amount from epf ie emplyer stake and employee stake standing currently on my epf account approx amt . I have heard some confusion in emplyer stake & emplyee stake
    2. If so how much % can i get

    1. As shared in the article itself

      – The maximum amount you can avail of is 36 times your wages. To buy a site or plot, the amount is 24 times your salary.

  378. Manoranjan Mahakud says:

    Dear Sir,

    The article is wonderful and gives clarity on a lot of queries which any layman would have with respect to EPF. However I am still looking for answers to one query:

    I worked for an organisation for exactly 12 years and resigned. Now when I am trying to withdraw my EPF and EPS amount, I came to know that I am not eligible to withdraw my EPS amount till I reach the age of 58 since my employer has contributed EPS for more then 10 years. Now my questions are:

    1. Can I withdraw my EPF amount?
    2. What happens to my EPS amount and what is the process to withdraw this amount?
    3. Suppose I wait till I attain 58 years, then what is the process to withdraw the EPS amount. Do I still need to route my withdrawal application through my last employer? What if my last employer cease to exist at that point in time?
    4. How do I know how much is my EPS amount till date?
    5. Under such a circumstance can I choose to withdraw my EPF and transfer my EPS once I get a new job? What will be the process then, what all forms need to be submitted and whom do I route it through?

    Looking forward to some satisfactory reply and help.

    regards
    M Mahakud

    1. Yes, you can withdraw your EPF , but not EPS amount . You should file a RTI to EPFO asking for all numbers and queries. you will get correct numbers from them .

  379. Manish Sahu says:

    Hi Manish,
    I have received my PF amount transfer into new company PF account after 9 months.
    But EPS amount is not get credited into new account.same thing i asked by PF grievance online but they are replying comments like “In respect of EPS, only service particulars will be informed through Annexure K for adding into your present account when your PF amount was transferred and no funds will be transferred. There is no need to apply again for transferring EPS since the same has been added to your new account since the pension/withdrawal benefit is based only of the number of years of service rendered.”

    So please suggest me how can i get transfer EPS amount into new account .

    Regards,
    Manish

    1. Have you worked for continuous 10 yrs ? If yes, then you cant withdraw it now . I suggest take help of RTI now for asking anything related to your EPF !

  380. Srinivas says:

    Good information. I have one query which was not covered in your article. Where the pension part of the fund (i.e. 8.33% of employer contribution) finally rest in after the death of the employee and his/her spouse. Will the corpus amount be given to dependants or not. Please clarify.

    1. WHen you apply for pension (when you fill up the form), you are asked the method , means pension with maturity sum to be given to your family (in which case pension will be lower) or you want more pension, but no payment back ! . Its your choice !

  381. Srinivasan says:

    Hi Manish,

    Very Good article and quite informative.Need help with my understanding.

    I was previously working in a company for 7 years.My Previous company had its own private PF trust and monthly contributions were credited to this trust.

    When I switched my Job, I had transferred my PF to my new company.On checking the PF balance on accession the EPF e-passbook , I could see the amount towards employer and employee contributions being transferred but the contributions to EPS are nor shown?
    My questions.

    1. Does the EPS balance get transferred automatically when we request for transfer of PF?
    2.If Yes, then why it is not updated in the EPass book?
    3. If No, then what to do with the balance in EPS?

    1. You need to fill up form 13 for that, but when employer gives you the forms to fill, they generally give that one too

  382. Muneer K.V says:

    Hi Manish,

    i transffered my balance in previous PF account in to the new account, EPS contribution of my previous employer is not transffered in to the new account.
    why this amount is not transffered and how can i get the details of this amount?

    1. DId you fill form 13 ?

      1. Muneer K.V says:

        yes

  383. Mandeep Singh says:

    Dear Manish,

    In case some employees (contractual employee who sign employment contracts for say 4-6 months) do not want to be a part of the epf scheme, how must the employer tackle this one. do they need to give any declaration etc

    Appreciate your advise in this matter.

    1. I am not aware about it . Please open a thread on our forum for discussing this http://www.jagoinvestor.com/forum/

  384. Venkat says:

    Hi Manish
    I have went through your article regarding epf .It is really gud and i have learnt lot many things from it.
    I have few questions please clarify me.I have worked in a organization from 28-JAN-2010 to 10-Jun-2013.
    I am not working currently but i will be joining new org on 16-sep-2013 and i want to transfer the existing pf account to this new org account.
    Below is my EPF Passbook stmt
    Employee Share : 54468
    Employer Share : 31285
    Pension Fund : 21995

    I want to pursue higher studies also if possible i will be going by end of january 2014.

    I see that from one of your conversation Employee PF is taxable below 5 years and i would be getting less after TDS waiving.

    So suggest me whether to withdraw the amount or take a loan on my PF amount and am i eligible for this loan amount so that i would not loose my amount.

    My last salary amount is 23,461 and my total work experience is 3.4 years.My question how much EPF and EPS would i get

    as i did not understand regarding Table D and as u said TDS would be waived if PF is withdrawn below 5 years.

    As per ur response for other people u said below 10 years of service only u can withdraw EPS and after 10 years

    u will be eligible for pension and u cannot withdraw EPS.Please calrify me if my above statmt is right?

    So if i withdraw now EPF and EPS amount and after my pursuing higher studies and after if i join new org

    a) Can i use the same pf account as i dont know how many years this account will be if i do not use and

    b) in the next org if i start working and after 10 years again from that time only will i be eligible for pension or the 3.4 years

    before will be taken into consideration for pension liability so that in the new organization if i work for 6.8 years

    then i would be eligible for pension?

    c) how many years of gap can be possible to use this same pf account again

    d) As per ur replies we get partial amount of EPS and let me know what happens to the rest of the amount and when can we get back this amount

    and when i join new org and transfer this pf account will the remaining eps account would be transferred if i withdraw the epf and eps

    amount as i stated earlier

    e) My employer has given form 19 and form 10c for withdrawl?Are they sufficent for both EPF+EPS withdrawl?

    Please suggest me how to use wholey my epf+eps amount for my higher studies i mean whether to withdraw or to take a loan

    also clarify me loan is given on epf amount or epf+eps amount and where and how to apply for that process

    One last query as u said after 58 years only u get pension amount and it clearly says that no interest on eps

    so 541 * no of months we worked till 58 years = total eps and if i have not withdrawn till 10 years and i am liable

    so do we get this total amount once or in monthly basis and also please clarify me as stated above if we take a loan

    or withdraw PF regarding the liability again for pension amount?

    It would be very helful for me.

    Please clarify me on this .

    1. PLease open a thread on forum to discuss this and keep your questions short – http://www.jagoinvestor.com/forum/

  385. Harish says:

    Hi Manish,
    I have worked for 35 months(2.11 yrs) in an organization, last month i have withdrawn the my EPF amount. My basic salary was Rs.6500 and EPF for every month in Rs.780+ Rs.229(Employers share).
    But, I want to know how to withdraw the pension fund amount , what form i have to submit. I had filled and submitted Form 19 and Form 10-c during the claiming my EPF.

    kindly suggest me……

      1. Harish says:

        But, Form 13 is for For transferring the Provident Fund account of a member from one establishment to another establishment covered under the act / scheme.

        But, need to withdraw my pension fund, since I worked for 3 yrs only. currently I am not working so,,,,,

        I request you to suggest me what i have to do to claim my Pension amount of Rs,18,900 .

        1. Harish says:

          But, Form 13 is for For transferring the Provident Fund account of a member from one establishment to another establishment covered under the act / scheme.

          But, need to withdraw my pension fund, since I worked for 3 yrs only. currently I am not working so,,,,,

          I request you to suggest me what i have to do to claim my Pension amount of Rs,18,900 .

  386. Purushotham says:

    ok thanks Manish.

    That means either withdraw (i.e EPF and EPS) when I change a job or leave it continue. Let’s say that I don’t withdraw now and in the job I have crossed 10 years – if I change a job after 10 years can i withdraw EPF fully and they won’t give EPS right?

    Btw, how is this 10 years calculated – is it total work duration or just the duration for which you have been member of EPFO with the existing account?

    Thanks,
    Purushotham

    1. The duration is your continuous service (of all companies) . You can withdraw EPS anytime .

      1. Srinivasan says:

        From what I have read, you cease to exercise the option of withdrawal of EPS after 10 years of service.

  387. Chinmoy Kumar Padhi says:

    Thanks Manish , for a such a wonderful and detail information.

  388. Pingback: 5 tricks played by Employers to fool you with high CTC (Cost to Company) Salary - Real Estate India - Indian Real Estate Forum
  389. Purushotham says:

    Hi Manish – thanks for the article. Very informative.

    I have a tricky question – let’s say that i change the job now. Now I know there are two parts like EPF and EPS. What if I don’t want to withdraw EPF and transfer to next employer (as interest given to this) and JUST withdraw only EPS part as interest not given? Is there any provision like that? 🙂

    thanks,
    Purushotham

    1. No there is no provision like that .

  390. Somen Bhattacharya says:

    I’m working in Pune. I’ve 3.1 yrs service record in Company when I left the company i.e. on 6th sep 2011. I’ve send my PF withdraw form on 13th Aug 2013 but company has deducted
    30.90 % tax from the PF amount and they are showing the cause that I’ve only 3.1 yrs service record in Company that’s why they are deducting the tax, if I continue my job in Company for 5 yrs then the tax would not be deducted. But I’ve submitted the withdrawal form after 5 yrs, still the company is denying that. I like to know that whether they are correct in this issue or not. If they are not correctly saying then what can I do to retrieved my deducted amount ? please let me know as soon as possible.

    My PF A/C open Aug 2008 and left the company 6-Sep-2011, send my PF withdraw form on 13th Aug 2013.

    Please share EPS calculation details.
     Total service period – 3.1 yr(37 Months). 541/- every month deducted.

    1. You should have 5 yrs of SERVICE !

      1. Somen Bhattacharya says:

        5 yrs of Service is counted or PF A/C opening is counted.
        Please share EPS calculation details.
        Total service period – 3.1 yr(37 Months). 541/- every month deducted.

        1. It should be service period

          1. Somen says:

            Hi, Manish , Thanks for your reply.
            Total service period – 3.1 yr(37 Months). 541/- every month deducted.
            How much EPF amount i will get.

            1. Somen

              The best thing you can do is check your EPF balance through RTI first !

  391. manish Sahu says:

    Hi,

    I have one doubt,pls once confirm me, I had applied for PF A/c transfer from old company into my current company, I filled the application form-13,and got transferred amount after long time of 9 months,But there is big difference in the amount while calculating and comparing the amount with downloaded PF passbook details and given Annexuture -K details from PF office. As per my doubt is that while we are getting transfer of PF amount on that same time they dont transfer out EPS amount. So please once confirm to me this.

    1. The best thing would be to file a RTI and ask what was the procedure to calculate the amount.

      Manish

      1. manish sahu says:

        Hi,
        Pls confirm to me that EPS transfer also happen while we apply for the PF transfer. If this is not so what is way to apply for the EPS transfer or withdrawl.

        1. You have to fill up a seperate form called Form 13 . That is generally given to you by employer !

  392. Shashank says:

    Hi Manish, Appreciate the very good article by you. I have a query regarding TDS deduction on epf withdrawal. I worked for a little over 2 years and resigned in 09/2010, to pursue my own interest. Since then I have not withdrawn my epf. As I understand TDS is deducted on withdrawal if there is no continuous service for 5 years (TDS is based on last salary tax bracket), Is there any way / rule by which I can prevent the TDS (as in my case 30%) if I withdraw now or later in september i.e after more than 5 years of joining. Appreciate your response. Thanks

    1. If you withdraw after 5 yrs of EPF account in existance , I dont think there should be any TDS cut . I left my job in Yahoo after 3.5 yrs and there was no TDS cut . Who told you that there is any TDS cut ?

      Manish

      1. Shashank says:

        Hi, Manish , Thanks for your reply, I have spoken to the person who is responsible for EPF withdrawal (epf trust managed by the company) in my company and he told me that it doesn’t matter as to after which time you withdraw 5yrs or 10 yrs, what matters is your length of service, which in my case in slightly more than 2 year. Only TDS exemption would be there for employee contribution part to the extent not claimed for 80c deduction. Do you know any specific epf rule that I can refer to them to claim exemption? since TDS is a good amount to the tune of 2 lacs and I am apprehensive that getting it back from IT dept. is extremely difficult.. regards…shashank

        1. No , in that case what he is saying is Final

  393. Praveen Dehsmukh says:

    I left the organization previous organization two months back and joined new company. Please suggest what will be beneficial to withdraw my PF or transfer to new organization. In case of withdrawal will I get full amount and interest or there will be some loss.

  394. Praveen Dehsmukh says:

    I download EPF Member passbook today from http://members.epfoservices.in
    but its shows record from 01/04/2011 to 04/04/2012 . how can I view records till current month.

  395. niteen says:

    That is such an informative read! Else EPF and EPS is like blackbox, and most of us doesn’t know what lies inside!

  396. Satish says:

    Hello Manish
    I have resigned from my present company and would be joining another soon. I have served 6.5 years of service here. Should I transfer my PF account or withdraw it? Some people say it is better to withdraw and some say it s safer to transfer? What do you suggest me ?

    1. Its a choice . If you withdraw – you will blow it for some reason !

      If you transfer,it will not be easily in reach so it will be like compulsory saving for future. You decide !

  397. Tushar says:

    Hello Manish, thanks for great info,
    I have question does paying EPF is mandetory for all orgnaisations i knw few they do not pay EPF for there employees.

    Regards
    Tushar.

    1. Its compulsory for all companies more than 20 employees

  398. Sundar says:

    Nice Article.

    I need to clarify the Fourth Point, about EPF/ EPS Money.

    As you said, 6500*6.4 = 41600 is O.K. But my Calculation as per Employer’s Contribution (541*12)*6 = 38952. But the Amount received as Withdrawal is around 42 Thousand.

    Is your Calculation is correct ?

    Kindly clarify.

    Regards

    S.SomaSundaram – HRD

    1. there will be interest also . right !

      1. SomaSundaram says:

        Mr.Manish,

        But the third point itself, the Article says that there is not interest for the EPS Money.

        Kindly clarify.

        Regards

        S.SomaSundaram – HRD

        1. Ohh its EPS . I think you should file a RTI On this to get the exact answer. We will just be guessing here if I try to answer !

          1. SomaSundaram says:

            Mr.Manish,

            You are right.

            I will try.

            Regards

            S.SomaSundaram – HRD

  399. Gaurav Garg says:

    HI Manish,

    Thanks for a very informative post.

    Just 1 query – Your article informs that one can withdraw only once for buying a plot. I work for a private organization who maintains a PF trust. Cann’t I withdraw now and again if I join another company after a few years? Do the Trusts pass on this information to EPFO?

    Please let me know.
    Regards,
    Gaurav

    1. I am not very sure on that . Better check on our forum

  400. Ajit G says:

    I have retired and am about to withdraw my EPF balance of Rs.75 lakhs. Which date is best to submit Form 19 to reduce loss of interest during processing of my withdrawal application? Upto which date is interest paid? Please send advice to my email id gmajit@gmail.com.
    Ajit

    1. Anytime is good . It will anyways take months to get it processes. As the amount is high , expect the delays . but later please file a RTI application !

      1. Ajit G says:

        I read that they will pay interest till the month of authorisation. And if authorisation date is after 25, interest for that month will also be paid.
        Please clarify.
        Ajit

  401. Ramanan Menon says:

    I had a break (retrenchment) in service in 1997. My date of Birth 24.11.1954. I claimed my pension during 2004 and I am getting Monthly pension of Rs.874/=( period of service 1978 to 1997).

    I joined another service during 1997 and retired November 2012. Can I claim /entitled for EPF pension of 1995. Are there any duplicity in claiming both the pensions. Will the PF club both the pension entitlement and give a cumulative amount.
    Please guide..
    Thanks
    Menon

    1. Menon

      Please open a thread to discuss here – https://www.jagoinvestor.com/forum/

  402. Ram says:

    Nice information.. Specially the withdrawal for home loan.

  403. ravindra Ghorpade says:

    Dear Sir,

    Recently i have left the company and i want to applied for pf withdrawal within 2 month.this can be possible or not.if possible then what is the process for that..kindly help me regarding this because i’m very confuse.

    1. You can get it only after 2 months . But even then the delay can happen and in case it happens , its suggested to take help of RTI !

  404. Ankur says:

    Great article manish, very useful for everyone….

  405. Abhay Nadgir says:

    Hi,

    I shifted to new company after working for 4 years and I transferred my PF to the new company’s PF account. My old company paid Rs 141012 (EPF 112857+ EPS 28155). The PF office transferred only Rs 133297 to my new account.
    Can you please let me know why there is difference amount of Rs 7715?

    Thanks,
    Abhay

    1. Abhay Nadgir says:

      Also, haven’t they calculated the interest?

    2. Hi Abhay

      I strongly suggest filing a RTI, because otherwise you will not get proper answer !

      1. Bhupendra Kumar says:

        Same here … but the difference is enormous! employee+employer 100639 + 69636 in old account. but paid only 77,322 +51,487 and interest only 1,691+1,126.

        I am surprised.
        by the way there was also an old transfer from old old account to old account of 35108 +25989.

        I don’t know what wrong? please help.

        1. Hi Bhupendra Kumar

          I suggest that you now take the RTI route. You can file the RTI and ask your queries to them. THey are bound to reply you on your queries.

          Its a bit long cut, but works well

          Manish

          1. Bhupendra says:

            Many thanks for your suggestion Manish.
            You saved my 75000. The reply of RTI was the system technical problem. they have done the transfer within 15 days of filing RTI.

  406. Abhay says:

    Dear Sir,
    I am going to abroad (Saudi) for job and i have running EPF a/c , i wants to continue this a/c can this possible. Please suggest me , Thanks

    1. No , it will be there for 3 yrs and then it will become inactive !

  407. B ANIL KUMAR says:

    My package is 8962 per month in that Basic is 6500. as per PF deduction(12%) deduction from my salary is 738 but my company is deducting around 1500 that means they are deducting companies contribution also from our salary is it correct. as per my knowledge i have to pay 738 only and company has to pay remaining 738 but i dont know whats happening so kindly inform me is it correct or not if they are deducting more where i have to complaint please inform it will be helpful to 150 employs

    1. Most of the company include their contribution in the CTC mentioned . So nothing wrong in it . You accepted the offer

  408. Anisha says:

    Hi,

    U mentioned that PF can be withdrawn for marriage / education / medical treatment.
    Is it allowed only if we complete 7 years of service or can we withdraw before completion of 7 years ??

    Thanks in advance.

    1. I am not sure of the exact rule , but you will have to check for the rules in EPFO

      1. Rekha says:

        Hi Sir,

        I have completed 9.4years in the present company, my total EPF is Rs.80413/-(incl both EE & ER)pls pls advise is it worth of choosing pension scheme. If yes pls advise how much pension amt i will get per month.

        1. You will get pension only once you complete 60 yr of age . Not before that .

          Also the pension would be very small with this much amount, may few hundred !

  409. Shailesh says:

    Hello Manish,

    I applied for withdrawal on 11 July 2013 so EPFO could have not settled my account in May. My question is why EPFO did not give me interest for the months of June 2013 and July 2013? I quit my job in April 2013.

    thanks.

  410. Shailesh says:

    Hello Manish,

    I quit my job on 16 April 2013 and applied for PF withdrawal on 11 July 2013. I got the PF money in my bank account on 24 July 2013. After doing all my calculations, it looks like the PF department did not give any interest for the months of June and July 2013. Is that ok?

    1. It might happen that EPFO settled your money around May (it goes to SBI) and then SBI makes you payment, so there was 2 months delay there.

  411. Naishadh says:

    Good informative article Manish.

    My query is if I take loan from EPF for constructing or buying a site, it will be non-repayable loan I believe. Can I make it repayable? If yes, how and will there be any interest rate applicable? Is it wise to opt for repayable against non-repayable?

    I think repayable is better as we get opportunity to invest in tax-free savings (i.e. PF interest).

    Please clarify.

    Thanks
    Naishadh

    1. I dont think so , there is nothing called loan in EPF as far as I know

  412. Mona says:

    Manish, thanks! It was very informative.
    Couple of queries:
    1. As you mentioned, that a person who has never held a PF account can opt out of EPF scheme by signing form 11 – Does signing form 11 by any chance mean that he/she can never be a part of EPF scheme again?
    2. If one chooses to opt out of EPF scheme – Is he/she eligible to receive the employer’s contribution portion as part of his/her monthly salary?

    1. 1. NO you can join later

      2. No .

      1. Mona says:

        2. But since the CTC given by most of the private companies includes the company’s contribution towards PF – then, shouldn’t this come as part of our salaries if we opt out of PF scheme?

        1. Why MONA ? They offer it as part of CTC only when you are part of EPF ,else that component will not be there !

  413. Mohammed says:

    Manish Chauhan-
    I worked for a Telecom based company, the parent company in USA has gone bankrupt and the Indian subsidiary company shutdown the operations without any intimation, there is no exit procedure for the employees, no Packages/terminations/form16 /signed PF document for 350 people include me.
    I joined this company Sep 2008 and company shutdown on May 17th 2013.until today I didn’t find a new job it might be take another 1 month or so. Could you please let me know the process needs to follow to withdraw my PF money?
    The questions I have are
    1. We don’t have employer signed PF documents
    2. When can I request for withdraw?
    3. Any taxes on withdraw PF?
    4. Can I get 100% EPF and EPS?

    1. I would say do not worry . What you should worry is – “Did your company pay your EPF money to EPFO or not?” I would have filed a RTI if I was in your place and have asked these things to EPFO

  414. Pulkit says:

    Hi, very informative. I have a query. I worked at my first company for less than 6 months. I then transferred the PF at that company to the new company’s PF account. I do not see the transfer of the pension part in my PF statement of the new company’s PF account. Is that supposed to happen or an error?

    These are the two entries corresponding to the transfer:

    01/12/2011 –> Member VDR Serial No.-: 1 VDR CODE:TRANSFER IN (Old Member Id-:DLCPM0024754000)

    01/03/2012 –> Member VDR Serial No.-: 2 VDR CODE:TRANSFER IN – INTEREST AMOUNT ONLY(Old Member Id-:DLCPM0024754000)

    Could you help me understand why there are two, and what the second one is for?

    Many thanks.

    1. Only a RTI application will be able to give you right answer on this

  415. T R Mishra says:

    whether the EPF deduction is applicable or statutory for contractual employees in Govt. or Govt. PSUs where there is no EPF acount.

    1. They have their own kind of PF !

  416. Ramesh says:

    Hi Sir,

    I have started pf transfer from previous company to the present company . now situation is this that i have to leave the present company also and my pf transfer is not yet completed. So please suggest what should i do when i leave the present company. Should i leave the company and wait for transfer to happen and then close it or please suggest……….

    1. Not to worry . Leave this org and then re file the transfer papers .

      1. Ramesh says:

        thanks but the things i m going to do to my own things and that would mean i won’t have the new pf account…..So i just wanted to ensure my understanding that i should not generate pf closer request until it get transfer to the new organisation pf account….

        1. Ramesh

          I suggeest filing a RTI in that case and asking them your doubts !

  417. Shailley says:

    Hi,

    It was very informative.
    However, now I would like to have your suggestion regarding the same. I have switched prev org after 2.5 years of tenure. Now should I get the EPF+EPS transferred to my new organisations PF acoount or should I withdraw it?
    Will the complete amount be transferred & how can I know the complete amount getting transferred?

    Regards,
    Shailley

    1. Get it transferred !

  418. sunita joshi says:

    Hi Manish,
    I have served in a company for 14 years at a stretch and now after leaving it, I want to withdraw my EPF and EPS. Will I be allowed to withdraw my EPS, that is, my pension amount? I am less than 40 years of age.
    If not, then when? Also, if not, then I should not fill up Form 10C for EPS, right?

    Thanks!

    1. Yes, it will be allowed, getting pension is an option, not a compulsion ! . File the Form 10C also and in next 4-5 months, follow up with RTI once !

  419. Rajiv Dutta says:

    Hi, I need your advice. I had work in a company for more than 10 years and withdraw EPF but not EPS. Here my question is shall I get money EPS money now, if not can I transfer this to current company or can I get certificate. Thanks Rajiv Dutta

    1. Yes, you can get it transferred to new company !

  420. krishna says:

    Just to add to Point 4, at Rp 541 per month one will be investing only 6492 in a year in the pension scheme. So after ten years it will be 65000/-. When you say the amount in pension scheme is one lakh, you become already eligible for Pension ( at 6500/- ) per month.
    However with the table that is there you are not loosing any money. So if you plan to remove the money after six years you are trying to protect the capital as such.

    1. Thanks for sharing that Krishna !

  421. Kiran R. Bage says:

    I have submitted Form 10 D for my pention and has been received by office on 08.03.2013 . Ihave received pf claim. and in case of pension web sight showing claim is under process. please let me know when i will get pension

    1. Only RTI will help in your case !

  422. JIm says:

    Hi,

    I checked my PF balance in EPFO website and i got a message like
    EE amount is 89000 and ER IS 58000 WORKED IN CTS FOR 4.7 YEARS NOW I HAVE SUBMITTED MY WITHDRAWL FORM HOW MUCH AMOUNT I CAN EXPECT INCLUDING INTREST

    1. Thats the final amount !

  423. Sneh says:

    Many thanks for sharing the information, can you pl. help me in clearing one doubt-
    If I am working for 11 years or 20 years , in both cases the amount of fund accumulated in pension fund (Rs. 541) will not matter as I will receive only fixed pension of Rs. 3250 per month after attaining age of 58 years. Is my observation correct ?

  424. KNN says:

    Hi Manish, that was a really nice article. I was actually looking for “Migration to other countries for permanent settlement” withdrawal details, but I could not find them in the above article. So here is my case, your reply would be greatly appreciated.
    I have been working for 3 years and 4 months. My wife has been working for almost 4 years. I’m going abroad for my higher studies and my wife is coming along with me with a work permit. We both want to withdraw our EPF amount and I need your help to clarify my doubts.
    1. Are we eligible to withdraw 100% of our PF amount?
    2. If we are eligible for withdrawal, can we apply for it before getting relieved from the company?
    3. We haven’t completed 5 years of service, so do we receive the employer’s contribution also in the withdrawal amount?
    4. Will any tax be deducted on the PF amount that will be given?
    5. Will no tax be deducted if we withdraw the PF amount after 5 years?

    1. 1. Yes, but it would be taxable

      2. No , you can withdraw only if you are unemployed for more than 2 months , so your company will start the process after you leave for 2 months .

      3. Yes, you do . But all the money is taxable, because its tax free only after 5 yrs

      4. Yes, as per your income tax slab , all the money you get will become you income for the year

      5. Yes

  425. Seema says:

    Thanks Manish,these things are very helpful

  426. Ashok says:

    Hi Manish,

    The information you provided is invaluable and answered a lot of my questions, thanks a lot for that but then I have a specific question from my case.
    I have worked for a firm from Mar 2006 till Nov 2007 after which I got the EPF transfered to a new EPF a/c but then left the new company a month after joining, I need to understand if I can withdraw the EPF/EPS amount. Will the 6 months caluse apply in my case or as the EPF amount is transfered from my old a/c will it be treated a older than 6 months account?

    Thanks,
    Ashok.

    1. No , it will not apply , because you transferred your old EPF to new one !

  427. Ajin Nair says:

    Hi,
    I googled a lot and believe that you are only able to solve this.
    I fetched my PF detail from the new epf passbook site and got the following details:
    Employee Share : 26860
    Employer Share : 9086
    Pension Fund : 16546

    But when i transferred it to my new company , i received only 40k , what could be the reason.
    Is the pension fund part not paid in case of transfer.

    Many thanks,
    Ajin

    1. I guess you forgot to fill up the form relevent for the EPS fund transfer . Check with EPFO using RTI now

  428. KNN says:

    Hi Manish, that was a really nice article. I was actually looking for “Migration to other countries for permanent settlement” withdrawal details, but I could not find them in the above article. So here is my case, your reply would be greatly appreciated.

    I have been working for 3 years and 4 months. My wife has been working for almost 4 years. I’m going abroad for my higher studies and my wife is coming along with me with a work permit. We both want to withdraw our EPF amount and I need your help to clarify my doubts.

    1. Are we eligible to withdraw 100% of our PF amount?
    2. If we are eligible for withdrawal, can we apply for it before getting relieved from the company?
    3. We haven’t completed 5 years of service, so do we receive the employer’s contribution also in the withdrawal amount?
    4. Will any tax be deducted on the PF amount that will be given?
    5. Will no tax be deducted if we withdraw the PF amount after 5 years?

  429. PRASHANT says:

    Sir It was nice article I have one query I resigned from Job in Aug 2007 I then join other company after six months when i went to employer to get signature on PF form he simply refused & till date he has not signed on it ,what should i do now ? as per the article my PF a/c is i think undergone dormancy , what should i do now shall i take signature of bank official & proceed or what should i do now? please help me out

    1. First tell your employer that you are complaining to CVO office at EPFO , He will come on line

  430. sougato pal says:

    Hi Manish
    I changed my job last year. As per the process I have filed FORM 13 for PF transfer to my new organization. Within 3 months my PF amount has got transferred to new organization.
    My question is there a seperate process for EPS transfer or it get automatically transferred when My PF was transferred.

    1. THere is another form for that, didnt your employer give it you ?

  431. Srinivasan C says:

    Manish,

    Neatly written, very helpful article. Thank you.

    Regards,
    Srini

  432. amit says:

    i have left the job 3 yrs ago in 2010 now how i can get my pf money it is requested to send mail on my mail id amit.joshi709@gmail.com

    1. File a withdrawal form for it

    2. You mean you want your PF money through us ?

  433. Pingback: Provident Fund Requirements For Foreigners Employed in India | FRRO - India
  434. pjay says:

    i joined a company on 18.11.1995 and still continuing with the same company. my basic salary is 16500. suppose if i take retirement now, what pension i will get from epf.

    1. One cant tell it that way .. file a RTI to know this

  435. Karthikeyan chinnaswamy says:

    Hi Manish Chauhan,

    Thanks for clearing all Q’s. Excellent help you are doing:)

    My total experience is 7 years.I am going toUS for an assignment. I will come after 2 years. In this case

    Question1: what will happen to my current PF account? whether it will active or will get deactivated?

    I am not sure whether PF contributions will continue till i come back. incase this case

    Questi0n2: Till i come back If PF contributions is not going to happen what will be status of my PF account?

    1. 1. It will continue as it is , confirm from your company ,how are you getting salary in these 2 yrs , will EPF be deducted or not

  436. Naresh Makwana says:

    Hi Manish,

    I really appreciate your article. I have one complicated query. I worked for 14 months in one company and after that I left the company without any intimation for studying and then after 15 months I joined another company. I worked there for 18 months and then I left that company with intimation and proper resignation process. Now I am looking for new job. I would like to know whether 1) I can transfer my old PF amount to my last PF account. 2) If yes, then how?

    1. YEs, you can transfer it , for transfer process you need to contact your current employer , also read thsi – https://www.jagoinvestor.com/2012/11/withdraw-your-epf-without-employer-signature.html

      1. Naresh Makwana says:

        Hi Manish,

        Thanks for your reply, however, it’s my fault that I was unable to mention my issue clearly. Actually I have two PF accounts for two different companies and I have not transferred one first PF account with second employer. So they opened another PF account. Now, I am joining new company. So, my question is can my third employer merge amount of both PF account into new account or I can give only one PF account number to them.? The reason is I don’t want to withdraw money from any account and want it to carry forward.

        1. You can merge all 3 , actually its not merging , but transferring , Ask your employer to transfer 1st->3rd and 2nd->3rd !

  437. Reni says:

    This piece of information was of great help to understand the basic rules on EPF withdrawal 🙂

  438. deepu says:

    hi,
    My pf account is in with a private PF trustee. I left the organisation. Can I withdraw the PF now? does same rule applicable for PF trustee?

    1. Deepu

      We are not aware of this at the moment, please take help on our forum – http://www.jagoinvestor.com/forum/

  439. manish chandra says:

    mr. Manish, i am Manish from Amritsar and working for BSNL,, am yet to complete 4 years of service in the department, am married and planning to buy a house here,
    my question is that can i withdraw some amount from EPF?, and if yes,, how?

    1. Not yet , only after 5 yrs of service

  440. samy jain says:

    I had worked with my old employer for 3 years which ended on 7th May 2010, and after a break of almost one year, i have joined a new company in June 2011. I have never bothered to close my old PF account and got a new PF account with my current employer. I would like to get my old PF account to merge in my new PF account. Now my queries are:

    1. Since i had worked only for 3 years with my old employer, whether my transferred balance from old PF to new PF attracts tax.

    2. To avoid tax liability will the years I worked for old employer be clubbed with the years I worked for current year for tax exemption because I am planning to leave my current employer within few months (most likely by July this year).

    1. Samy

      1. No

      2. Yes, past years will be counted !

  441. dr. amit says:

    hello manish.. thanks for the informative articles..
    i am a medical officer in himachal pradesh government( regular service, comissioned in 2007) .
    Currently my organization is providing me CPF( contributory pension fund), in which 10% of my basic pay is deducted each month, and supposedly same amount is contributed by the government.
    please provide an article regarding CPF. On what amount would the compound interest be paid , and what if i quit my job early..
    thanks..

    1. Hi Amit

      http://www.jagoinvestor.com/forum/ our forum is a right place to ask this

  442. Lokesh sharma says:

    Hi manish,
    my previous company did not deposit epf amount to epfo office from 13 months and and it had deducted amount from my salary

    what steps i need to take against the company ?

    1. Complain to EPFO on this and registrar of companies

  443. Lokesh sharma says:

    Hi Manish,

    My problem is that My previous company has deducted EPF from my salary but it did not deposite to EPFO from 1-04-2011(last deposite day was 1-03-2011) to 01-05-2012 almost 13 months. What can i do for this aspects so i will get my epf money from company.
    please help me and email me steps for this issue which will be take by myself.

  444. S Srinivasan says:

    Dear Manish Chauhan

    To get a pension one should not have withdrawn the amount. I took VRS and hence withdrawn my accumulated PF. After a month I got job became a PF member, served for 7 years; resigned but not completed 10 years service. I am more than 58. Will I get pension?

    1. No , you need to have 10 yrs of service if you had EPF in a company

      1. S Srinivasan says:

        Dear Sir

        On obtaining VRS on 31/03/1999, I had withdrawn the accumulated PF during the period 1972 – 31/03/1999. I have with me the the scheme certificate issued by the PF authorities.

        However, I got the job during middle May 1999, covered under PF immediately, resigned in June 2007. When I applied to withdrawn the PF, in fact I had applied for scheme certificate, however, they did not do so, in turn sent some amount.

        Now I applied for PF pension, which was rejected.

        Will I get the pension against first scheme certificate.

        1. I think this needs lots of discussion , please open a thread at http://www.jagoinvestor.com/forum/

  445. praveen anand says:

    i worked in a co.in noida from aug 1999 to apr 2001,i had withdrawn my pf amount but i am not sure wheather it was EPF or EPF+EPS both,pls tell me was at that time (1999-2001) EPS law of Rs 541 was applicable ,how could i know that i have withdrawn the whole amount or EPS amount is still pending.

    1. You can only be sure by filing a RTI .

  446. koushik says:

    Hi Manish,
    our company is totally into small duration projects(like 1 week to 1 month, max 2 months) we will be hiring be candidates in between 100 to 200(candidates) for registration work, operations work from consultant for project and once projects done we will give them salary/wages through consultant. is it necessary to provide PF for those registration executives, operations executive who works for 1 week to 2 months?is there any options to avoid. i heard like we can take them under stipend. so that need not to provide PF to those candidates.kindly help me out.

    1. I am not clear on this . But I think PF is mainly for your permanent employees ! . You can check with EPFO on this

  447. Ashish L says:

    Hi Manish,

    Morning. Did not know the backend of how EPF works.

    Thank You for educating us all.

    Regards,
    Ashish

  448. Jose says:

    Hello Manish,

    I have a query. Does the employer share of contribution and employees share of contribution be the same? Our organisation deducts employees contribution @ 12% and employers contribution is flat Rs. 780/- per month ( Rs. 239/- for EPF and Rs. 541/- for EPS).

    Is this is allowed as per the EPF rules?

    1. As far as I know, It has to be equal upto 12% of your basic. Ask the employer on this and under which rule or rational they are doing it ? You can also file a RTI to EPFO and ask for this .

  449. mallikarjun says:

    hello manish,
    iam a PSU employee.in my organization,the employer’s contribution of 8.33% towards pension scheme is deducting on total basic plus D.A.
    ex:( 26420+19020)*8.33%=Rs.3785/-
    can you tell me this scheme details.

    1. What kind of info you want ? Its already covered into this article i guess

  450. Praveen Deshmukh says:

    From the http://members.epfoservices.in I downloaded epfo sheet which contains records from 01/04/2011 to 05/04/2013. But my pf account started in 01/01/2012.
    In the report from 01/04/2011 to 01/01/2012 all the reocords are empty.
    So how many years has been completed to my pf account its 1 year or 2 years.

    1. The data is not uploaded for all the years ..

      1. praveen says:

        But my pf account started in 01/01/2012. why the report is showing from one year back.

        1. Its one year only , right .. from 2012-2013

  451. Prabhanjan says:

    Hello Manish ,

    Very informative forum. Please help me with my query .
    I am applying for a partial PF withdrawal towards Construction of House , construction estimated 40 Lkhs. I recently bought this Site with a Composite loan approved for 40 Lkhs from IDBI . Bank has released 19 Lkhs for purchase of Site . So they will gradually release remaining 21 Lkhs for construction.
    1) Will there be chances of rejection from PF , since i am also borrowing a home loan ? though home loan isn’t sufficient for me .
    I am yet to submit my application , so thought of getting this clarified before i submit them. I have already completed 8 yrs with PF .
    Thanks
    Prabhanjan

    1. No EPF should not reject your application because you are borrowing from other place also

  452. sumeetkumar says:

    dear manish sir,
    i had a query regarding my pf withdrawl?

    i was employed in a PSU for 3 years.
    after 3 years, through proper channel, i joined another psu.

    I didnt transfer my pf amount.
    I am under a crisis, for which I want to withdraw my pf amount accumulated in my previous company.
    When I sent the withdrawl form, today I got a call from my previous employer office, that as I am employed in another psu, and that too through proper channel, they can only transfer my pf amount and cant withdraw it. Please can you help me out with this, as the amount is urgently required by me… thanks… sumeetkumar…

    1. Yes, you cant withdraw it , because only when you are not employed, you can withdraw it as per law. You can only transfer your old epf to new epf

  453. Alok Agrawal says:

    I had shift to new company so , I requested regional PF office to transfer my PF account to my new company’s pf trust account.

    They have transferred the amount but there is difference between the amount they transferred and the balance that I had in regional PF account.

    In my regional PF account, total amount was around 80 K (42k(EPF), 12K, 26k(EPS)). But the amount that has been transferred is 68K (48(EPF), 20K (employer share)).

    SO I am not able to understand this difference . Can any one tell me, please?

    1. The only right answer can come with RTI

  454. Deepak says:

    I have contributed Rs. 55228/- under EPS for Nine years and leave the job. at the time of leaving my basic salary is Rs. 7500/- How much I will get as a withdrawal benefit . Please send details and calculation also.

    thanks

  455. nmsadguru says:

    If a employee serve the organisation for Seven year and leave the job how much employee get withdrawal benefit under EPS.

    Total EPS Contribution 45444/- Salary Rs. 6500/-

    1. Deepak says:

      I have contributed Rs. 55228/- under EPS for Nine years and leave the job. at the time of leaving my basic salary is Rs. 7500/- How much I will get as a withdrawal benefit . Please send details and calculation also.
      thanks

    2. He will get as per the chart given in the article

  456. Taher says:

    If a member contribute Rs. 541/-per month as EPS for five years and he leave the job how much he/she will get as a withdrawal of bennefit as per Table D of EPFO kindly explain in details. At the time of leaving his/her salary is Rs. 6500/-

    1. Not so easy to find out like this . Better file a RTI for this to EPFO and find out

  457. SA says:

    Hello Manish
    I worked for company for 4.5 yrs in India then got transferred to USA branch and have been working here for 7+ yrs with the same company. Am I eligible to withdraw PF in this case?

    Thanks
    SA

    1. definately you are .. just fill up the withdrawal form . you should have ideally done it when you left for US !

  458. bhavin says:

    i work in vodafone. they said epf withdraw is done then i complete my job of 1 year work otherwise i not take my epf .is right.

  459. Neetu says:

    Hello Manish..Hope you are doing good…I have a query on PF…Request you to plz help me.
    I am working since 2002 till current without any break in service. I have worked for 4 organizations and this is my 5th organization. I have not withdrawn or transferred my PF so far.

    I would like to know:-
    Q. No 1: If I can submit 4 forms to my current employer so that they are able to transfer them all in the current (5th Account)….
    Q. No. 2: If I opt to withdraw my PF from previous 4 employers, will it be taxable to me ?

    Thanks,
    Neetu

    1. 1. You dont have to give the transfer request to your current employer , it has to be directly sent to the EPFO department . Check by enquiring to your current employer also if they can help

      2. Only if the EPF account is not 5 yrs old .

  460. karthik says:

    Appreciate your article !

  461. mallikarjun says:

    iam a PSU employee.in my organization,the employer’s contribution of 8.33% towards pension scheme is deducting on total basic plus D.A.
    ex:( 26420+19020)*8.33%=Rs.3785/-
    can you tell me this scheme details.

  462. Nishant says:

    Thanks Manish.

  463. Rupesh kadam says:

    Dear Manish sir
    Really really useful infromation for common people like us.
    I read your blog regarding pf withdrawal rules and i found that if anyone join new organization then he has to transfer his PF and no withdrwal allowed as per law.
    But sir I already dispached my PF withdrawal forms to my previous organization for processing and from then it will be pass on to PF office for further processing.
    My question is, By mistake I wrote my current official email ID on that forms. please guide Is pf office process this forms or not? as I am in financial crisis and hence I withdraw my PF.

    1. He might reject it asking you to prove that you are unemployed .

      1. Rupesh kadam says:

        Thank you sir for your prompt revert.
        sir, are you sure they will reject my forms? and if they do so can I send new application to them with my personal email ID?
        please guide

        1. I am not sure , but there are cases like that

          1. Rupesh kadam says:

            ok thank you, sir

  464. Gnanasekaran says:

    Hi Manish,

    I had presently joined a start up company which are planning to start EPF from April, Previous to present employment I had given application in to transfer my PF account in my previous 3 Company When I had joined the company. Unfortunately none of them transferred the account from previous company, is there any possibility to transfer the amount from three EPF account opened in my previous companies to new EPF. ( Note : I have 1 EPF account in Mumbai and 2 other EPF account in chennai, Also these 3 EPF account are less than a Year old ).

    Thanks
    Sekar

    1. Gnanasekaran

      I am not sure whats the process to stop your existing transfer requests . I think you will have to file a RTI to find out the way out . Or just put a thread to discuss it on our forum – http://www.jagoinvestor.com/forum/

  465. R S Gupta says:

    I worked in an organization for 2 months so could I withdraw the pf amount?

    1. No , you have to work for atleast 6 months for that

  466. Nishant says:

    Hi Manish
    I left job after completing 4 years, in 2012 for studies that will be 2 years course. I want to continue the same EPF A/c by transferring to new employer when I join new job after 2 years. Do I loose by doing so or withdrawal will be better option? Please suggest.

    1. No its a good option ,you can do that after 2 yrs

  467. Shishir Pandey says:

    Hi Manish,

    I withdraw my EPF from the previous employment and I also received money direct to my bank a/c from EPF office. As you said above that Employer contribution of EPF one can withdraw, so please tell that whatever amount I got from the EPF office it was only the Employer contribution, is my contribution remains there? If Yes, than should I transfer it to my current organisation. and Whats the procedure of transfer? Is there any requirement of previous company in case of transfer.

    1. NO , you get all the money in one go ..

  468. Sarath says:

    Hey Manish, many thanks !!!
    very crisp and clear…very much useful one 🙂

  469. Santhosh says:

    Manish, Very nice article,
    I need a small information regarding PF… I am from Hyderabad and working for a software Company. My company is not providing PF for the employees whose Salary is more than 15k. Is a Company have a chance of not providing PF for their employess.. In this case if I already have a PF account in my previous company and if I joined here then can I with draw my PF?

  470. Irfana Parveen says:

    Hi Manish,
    My issue is that… I had mentioned wrong account No. in PF withdrawal application and my PF amount of Rs. 3,06000 is already been sent to the said wrong account No… and I really dont know what i should do.. can u please advice me as to how i can get the said amount credited to the correct account.

    Regards,
    Irfana Parveen

    1. The only issue now is, the mistake is done by you , if the person who got the amount has used the money, then bank will not be able to recover back the money . Check with EPF department now

      1. Irfana Parveen says:

        Hi Manish,

        Thanks a lot for your advise….

        I have checked in teh concerned Bank..whatever wrong account number i mentioned does not exist at all. Can i resubmit my Form 19 for re-withdrawal… can you please advise….

        1. Yes, then you should apply for re-withdrawal

  471. Devang says:

    Thanks for providing some valuable info on epf/eps rules…

  472. Sukumar says:

    Hi Manish,

    Thanks for the info. I had worked for a company from Jun 2005 to Apr 2010 (4y 11m). I did not withdraw the amount till now. I was told that if we dont work for any company for 5 years then EPF will be taxed. Please let me know if this true. I am planning to withdraw now. Please let me know if my EPF will be taxed. Is it right time to withdraw my EPF? Should I wait till March end to get the EPF interest?

    1. It has to be 5 yrs old, even if you leave the job , you can withdraw it 1 month later, so that it complete 5 yrs !

  473. BHAUSO THORAT says:

    sir,if i get loan against EPF ,Can i am eligible for EPF PENSION?

    1. Good to hear that !

    2. Yes, if you repay the loan

  474. Mitesh says:

    Sir, I am planning to purchase a resale flat. I will be completing 5 yrs of my service on 25th May 2013. If I purchase flat in the month of Mar’13. Can I claim withdraw in June’13?

  475. Mohan says:

    Nice article. Very informative. Thanks for sharing.

  476. Susant says:

    Hi Manish,
    I want to construct a new house on a Plot which is in my Fathers name. Can I opt for the EPF withdrawal for the House construction?
    If Yes, how the 36 months of EPF calculations happens, if there is a change in EPF on every year.
    Note: I have already completed 5 years in my Current organization.

    1. I am not sure if it will be allowed if the house is not on your name

  477. leela says:

    Hi,
    My husband is working with some auto company and we would like to increase pf contribution by employee.
    We would like to know that is there any limit in employee contribution and whatever we contribute to PF is tax free we believe.

    So to reduce taxable income can we choose to increase employee contribution?

    If answer for the above question is yes, then is there any time limit to withdraw the pf amount with out paying tax.
    Regards n thanks,
    LeelaK

    1. Yes employee can increase his share , but only upto 1 lacs in total is covered under 80C section ..

  478. Prakash reddy says:

    Hi manish,
    During transfer of EPF to new company, does the old company amount(EPF+EPS) comes to new company account as new EPF.

    Am i correct?

    If not is there any separate form to get that to new company EPS account?

    1. There is form 13 to be filled, but its given by your employer

  479. Sanjiwan says:

    Hi Manish,
    I worked my previous company from Feb 2008 To Nov 2012 (4 Years 10 Months).
    Now I want to withdraw my PF but I heard that it will be a taxable
    So please let me know how much tax I need to pay if I withdraw my PF.
    Or please suggest me the better option to save the tax of my PF.

    Thank You…….

    1. It will be added to your income and based on your tax slab you will pay the tax. mostly 20% if your total income after adding PF amount is below 10 lacs.

      Now you can wait for 1 more year , and then withdraw the PF amount , which will make sure your tax is saved as it will be a 5 yrs old EPF account

  480. Raju Madhavan says:

    Manish,
    I have recently moved out of my organization and would be starting a business, would it be possible to retain the PF account as it is and get the benefits? OR, Am i forced to withdraw? what are the rules fo rthis.

    Raju

    1. You can keep it like that, but after 3 yrs of inacticity, it will stop giving any interest , then its like not earning anything on the amount . I would suggest apply for withdrawal, anywyas it takes some times to get it and then keep it as FD !

  481. Priyanka says:

    Hi Manish,

    Big thanks for all the details regarding PF, now I have better understanding of PF :).

    I completed more than five years in my previous company, and my EE is approx 54K & ER is approx 20K (till march 2012), could you please suggest how much PF will i get at the time of withdrawal.

    If possible kindly explain EPS calculation in easier terms.

    Many thanks in advance.

    Regards
    Priyanka

    1. Priyanka

      I think there are many more things which even I and you need to get clarity on . If you want to know the exact number, in that case I would say file a RTI for that .

  482. Snehal Sukhadia says:

    I was working with a company till November 2012 and was a part of the PF scheme. After that till March 15, 2013 I was running my own business. Now I have got a job and joining a company again. My questions are:

    1. Can I withdraw the amount of PF from the previous employer?
    2. Can I opt for not being a part of the PF Scheme during my new employment?

    1. 1. Not really, once you are employed again , you cant withdraw the PF , you need to transfer it

      2. I dont think so !

      1. Snehal Sukhadia says:

        Thanks a lot Manish

  483. ashok phogat says:

    I withdraw an amount for my son’s marriage from my P.F.,, can I get any deduction for this??

    1. No , there are no deduction like this

  484. Chanchal says:

    Hello Manish,
    First of all thanks a lot for such an informative article. It really educates us. Thanks a ton for your hard and good work thru jagoinvestor.

    I had a request. If you could create a video on EPF interest calculation similar to how you did for a PPF calculation.. it will be really great.

    Otherwise if you can explain a bit more in detail on EPF interest calculation, that will help me.

    Thank you.
    Chanchal

    1. Will have to check myself on that 🙂

  485. Avishek Chakraborty says:

    Thanks for the valuable information.It will definitely help a lot.

  486. Kamleshwar Prasad says:

    I worked in MNC. My past service is 10 years upto 15.11.1995. The gross salary was Rs.2,480 upto this period. After 15.11.1995 to 30.06.2003 my pensionable service is 7 years 6 months and Pensionable salary is 6,050. What will be my family pension now. Please suggest.

    1. Your pension can not be predicted with just above information .. I suggest to file a RTI for this !

  487. krishna saxena says:

    hi manish,

    i worked with an orgnization from 14/7/2003 to 21/11/2012 , now i hav resigned and applied for pf withdrawl, they were deducting a fixed amount rs 780/- per month. plz let me know that what amount i m supposed to get & how long will it take? bcoz organization is not responding for anything.

    1. I think the accurate answer will only come through an RTI application ! .. – https://www.jagoinvestor.com/2012/03/rti-for-epf-withdrawal-or-transfer.html

      1. krishna saxena says:

        hi manish
        a big thanx for giving me direction & information about rti but now prob is that
        that Organization has not sent my PF withdrawl form to its regional office on enquiry they said that we will send after one month .I Resigned on 21/11/2012 so 3 months are already passed(i think which reqires) now what should i do can u plz suggest me…..

        1. Yes ,they should send it asap . Ask them to do it asap ..

  488. expat says:

    I worked as an Expat & My Company claims they have deposited PF for me & show me an company internal PF statement.But when i query on EPFO website using the PF account number they have given i get Invalid User error.Does that mean my company did not deposit PF or is it just EPFO office taking 3years to create my details on their website.
    Are there any companies which can offer paid help to sort this out for me?ie Get me a proper PF statement issues by EPFO?

    1. Expat

      It might happen that your data is not uploaded there .. thats all .. the best way to find the answers is to file a RTI application and asking all these questions !

  489. Avinash Soni says:

    Hi! Manish,

    Thanks for the useful article, My question is if an employee has a EPF A/C no. and he want to know the amount accumulated in it. In EPF website, it is asking for some establishment code which is not mention in the A/C no.

    1. Each company has a establishment code .. JUst search for it in google with your company name

      1. Avinash Soni says:

        Hi Manish!

        I was working with Pantaloon Retail Ltd since 2006, but on 1st Jan 2010 the company launched new venture Future value retail Ltd and my EPF A/C transfer in the new venture name. now when i see my EPF status from the EPFO portal it is sowing only FVRL (new venture) amount.

        Kindly suggest how to know the total amount.
        when i fill old PRIL A/c no. then it is sowing account has been settled.

        Avinash Soni.

        1. You should be filing the RTI to find out the status . Only they will be able to give you accurate info

  490. krishna kumar saxena says:

    sir,
    i was working for an organisation from 14/7/2003 to 21/11/2012, they were deducting a fixed amount rs 780 per month,
    now i hav resigned the job & applied for pf withdrowl.
    sit plz help me to know that how much amount shoul i get & why it is taking so late.
    bcoz organisation is not responding for anything.

  491. M.Agarwal says:

    Sir

    My question is that i had worked for 12 years in X company(EPF withdrawn) after that i joined Y company for only 6 month(EPF withdrawn) again i joined X company as new appointment for 2 years(EPF withdrawn) after this i joint Z company and working presently 5 years
    How can i merge my penson for all service tenure ?,What should i do ?
    Regards
    M.Agarwal

    1. You will have to file the transfer form for each of your company

  492. RITESH says:

    Thanks for valuable information. Feels very good for you.

    Can you pls advice on- My mother resigned from a private firm and got his PF amount but even after 18 months , unable to get processed his pension papers.

    Where we can lodge a complaint , company officials taking too long now.

    1. The best thing you guys can do is file a RTI and ask what is the status and whats next . things should move faster !

  493. Dinesh Kumar says:

    Hi Manish,

    I worked for mnc company,
    From 14 June 2010 to 14 June 2011 deducation amount rs.600
    From 14 june 2011 to 3 oct 2012 deducation amount rs.700.
    over all 28months experience
    My last salary per month was rs.18,800.
    Please let me know how much pf amount will I get.
    and I received an sms on my mobile stating that ur Payment under process.
    Regards
    Dinesh

    1. You should get around Rs 2500 .

      1. Dinesh Kumar says:

        how come rs.2500 for 28month

        1. I am taking it around 2 yrs .. so your contribution + employer should be around that amount .. may be little up or down

          1. Dinesh Kumar says:

            ok 2500 per month and I should calculate for 2500 x 28months or how please calculate and tell me the amount.

            1. For exact amount, you can only know by filing a RTI !

  494. Sameer says:

    Hi Manish,

    Thanks for the very useful information. I had a question:

    – I transferred my PF from one company to a private trust holding company. This will not have any EPS account. What happens to my EPS money from previous company? Does it get transferred?

    – Does submitting a request to transfer EPF automatically transfers EPS as well?

    Thanks,
    Sameer

    1. Only if you had filled the form for EPS. By default the company gives you the form for that

  495. Deepak says:

    Dear Manish,

    I worked in a company for 8 months and according to salary slip me and employer had equal contribution to epf, both rs 1493. So if I withdraw this amount before my next job, what will be the exact amount? will it be Rs. 1493 x 2 x 8 = 23888.00 Or some other figure..

    1. YEs . it should be around that !

      1. Deepak says:

        Thanks Manish, you are doing great job by running this blogsite. Very useful for those who have no proper knowledge. Thanks again.

  496. saurabh says:

    I have been working with a company for 4 yrs & 8 months now. PF has been deducted from my salary for the above said period. Now, I am joining another company which does not have a PF a/c. How do i withdraw my PF balance without attracting income tax. Should i hold the balance in the existing a/c for a 4-5 months more & then withdraw? Please HELP!

    1. yes .. that will help you get a non-taxable PF !

  497. Vikram says:

    Hi manish,
    i am working from last three year and now i am moving to a new job. i have been told that we will not have pf facility in my new job and my basic salary will be more than 6500, so kindly tell me how i can go forward with it.

    1. Withdraw your existing EPF then

  498. Rajkrishnan says:

    Hi Manish,

    I am Rajkrishnan working in MNC at chennai. I had work with one company at Bangalore from March 2005 to May 2007. When i shifted my company , i tried to transfer but didnt worked out. Now that company is sold and bought by another one. When i looked EPF Status of that blre company , it was showing some amount some 5 months back. But when i checked now , its not showing. Whether i will get that EPF if i go to EPF office by giving all forms which are necessary. Kindly reply

    1. Better you enquire this now using RTI , because only EPFO department will be able to help you with the exact procedure !

      1. Rajkrishnan says:

        Thanks…

  499. Shailesh Patel says:

    Hi Manish,

    I want to buy a land plot from a housing venture. The owner has acquired this venture from many farmers. What are the documents I need to procure in order to get an EPF loan?

    1. I think that you should get on our forum – http://www.jagoinvestor.com/forum/

  500. neha says:

    thanks a lot for the information..

  501. Rohit Godkhindi says:

    Hello,
    I dowloaded my EPF passbok from http://members.epfoservices.in on 17 Jan 2013.

    Now i tried again to download the same but still reflecting the same old pdf which has
    details till dec 12 salary.

    1. It might be updated after many months !

  502. Arul says:

    I have worked in a company for 2.5 years and later switched my job to another company and maintaining another separate PF account. I have neither transferred nor withdrawn money from my previous PF account.

    If I withdraw money from my previous PF account after 2.5 years from the date of my resignation from my previous employer, whether it is taxable or not. Moreover,can I able to maintain two separate PF accounts.

    Thanks,
    Arul

    1. You can maintain two EPF , the first EPF should cross 5 yrs in existance so that you have to not pay tax on it

  503. Hemant says:

    Hi Manish

    Thanks for the wonderful post.

    My question is if an employee turns 58 and wants to withdraw his pf while continuing his job then:-

    Can he withdraw?
    If yes then how much he can withdraw?

    1. No cant do like that

  504. Abhijit says:

    Hi Manish,

    Very useful article, with reference to which I am submitting an application to my employer for additional contribution to EPF; which will be more than normal i.e. 12% from my side (VPF). I have submitted the copy of the request form already for the same. Thanks to you.

    Now one important thing to know-
    I am working in my current organization from last 8years however most probably my next employer will be somewhere in Gulf let’s say in Oman.
    Now my question is what will happen to the EPF money? EPF facility won’t be available in Oman like in India hence I can’t transfer it anyway.
    I really do not want to break my long term savings because of this?

    What will be the ideal solution for not breaking the EPF?

    Let’s say I come back from gulf after 5years & join an Indian Employer. Can I then transfer my EPF from the old Indian Employer to the new Indian Employer which I will be joining after Gulf job?

    Your advice will be of great help.

    1. You can keep your EPF as it is, but as per current laws, it will earn interst only for next 3 yrs , after which it will become dormant and not earn anything . So if you are planning to come back to india very later like 5+ yrs , better complete the formalities of withdrawal and keep the money for some use or invest

      1. Abhijit says:

        Thanks for the reply Manish.
        I must take care of completeing the formalities before I leave to some other country.
        Keep up the good work.

        Regards,
        Abhijit

  505. Rajender says:

    Hi Manish

    I have already purchase a DDA flat at Delhi in the month of Oct. 2012 and 5 year of my service will be completed in the month of March 2013, Now Is it possible to take loan against already purchased flat or I have to apply for alternation after March & what documents are required for that as it is a Delhi Development Authority expandable flats sanctioned in the year of 1999 to previous owner.

    Please reply

    1. I think its available only for the purchase of a house

  506. Ramya says:

    Hi Manish,

    Before 2.5 years, I withdrew my PF amount and the account seems to be closed. Is there a way to validate the amount received ? I see this is not available in the EPF website and I see two amounts deposited in my account (Assume one is EPF and the other one is EPS as I have submitted 10C and 19).

    Just wanted to know if there is a way to check this ?

    1. All you can do is file a RTI and ask this

  507. mohd says:

    Dear sir really appreciated your efforts for giving your valuable time in solving our queries.

    sir my question is this my organization is deducting employer contribution part from CTC package is it right or wrong please explain.

    I am waiting fr your ans

    regards
    mohd

    1. There is nothing wrong in that .. employer has communicated that in advance already . Thats what CTC means btw .

  508. Ananth Sankaran says:

    Hi Manish,

    Your post has been very informative. I have a doubt if my company’s finance team is giving me correct response and I would like to check the FACT from you.

    1) I am an Indian employee transferred to abroad (long term transfer) and it’s been 3 years here. I am paying my social security taxes in this country (non-SSA) – Am I have PF contribution (both myself & my employee) in this case?

    2) My company had formed it’s own trust in 2007-08. However, I find that the transfer hasn’t happened from EPFO account to my company’s PF account. Isn’t it against the rules?

    3) Worst part – our accounts are considered “dead account” (inactive > 36 months) as there is neither interest accrual nor PF contribution happening.

    Please provide your comment on the EPFO policy applicable for an INDIAN employee working in a country with whom India DOES NOT have an SSA (Social Security Agreement).

  509. Asankaran says:

    Hi Manish,

    Your post has been very informative. I have a doubt if my company’s finance team is giving me correct response and I would like to check the FACT from you.

    1) I am an Indian employee transferred to abroad (long term transfer) and it’s been 3 years here. I am paying my social security taxes in this country (non-SSA) – Am I have PF contribution (both myself & my employee) in this case?

    2) My company had formed it’s own trust in 2007-08. However, I find that the transfer hasn’t happened from EPFO account to my company’s PF account. Isn’t it against the rules?

    3) Worst part – our accounts are considered “dead account” (inactive > 36 months) as there is neither interest accrual nor PF contribution happening.

    Please provide your comment on the EPFO policy applicable for an INDIAN employee working in a country with whom India DOES NOT have an SSA (Social Security Agreement).

  510. S. Jayaraj Maria Louis says:

    My employees are being paid about 30000 rupees per month. Will the the employee get back all the money that is being submitted by the employer and the employee after the retirement? I ask this because someone told me only Rs 780 of the employer’s contribution will be paid back to the employee after the retirement.

  511. Lopamudra says:

    Hi Manish,

    Tnx for all the infirmation. I have a small problem. I had joined my previous co. on 28th Aug, 2012 and left on 15 Jan. 2013. Now, my previous employer is saying that since I have not completed 6 months in the co. hence Iam not eligible to the co. contribution amount but am eligible only to my contribution. Is it true?
    At present I have joined another co.and wish to tranfer my PF a/c to present co.

    Tnxs.

  512. jaya kumar maben says:

    I served in one company for 14 1/2 years and was member of EPF/EPS after going abroad i resigned and claimed for refund of pf amount

    1. Good to hear that 🙂

  513. hirenj patel says:

    if member is not coming on job from 3 month ,as an employer can we put a resignation date of him without resign letter.

    1. I am not sure on that ,please check on our forum for this – http://www.jagoinvestor.com/forum/

  514. Jayaraman says:

    Dear Manish,
    This article was very useful. Thanks for that. I have a specific problem with my EPF.
    I have 8+ years experience. Last year, I took a PF withdrawal for purchase of plot. I had given the agreements and got the withdrawal sanctioned.
    Due to some legal issues with that plot, I did not buy it, the agreement was cancelled. But I purchased a different plot with that money. But my employer refused to accept this even after producing the sale deed copy and EC. Reason being the property being different from what was sanctioned before. I was asked to repay the advance I took. I had to take a personal loan to repay it, and above that I have been banned from taking advance for next 3 years.
    I would like to know if what my employer did is valid? Cant I use the advance to get a different property for valid reasons. Is there anyway, I can take this up and get the advance again for the new property?
    Regards,
    Jayaraman

    1. I think it will be seen as a fraud by you. Because you said X and did Y . you should have informed your company about the new plot and that you are going to buy that one. Not sure if your employer can really do that or not ?

  515. HARI says:

    Dear Manish,
    I worked in a company for 16 years and left the job on July 2012 and submitted my EPF for closure for my debts and i got settled in Dec 2012. Now my question is the EPF was settled under prevailing interest rate of 8.25%. Now the EPF has increased to 8.6% or 8.8% for 2012-13, but not finalise , will i get the difference amount of EPF interest for the period of Apr 12 till July 12 if the new interest rate of 2012-13 is applied on??. .thanks in advance.
    REgards,
    hari

    1. If its already settled , then why will you get the updated interest?

  516. Nandan says:

    Hi Manish,

    I had claimed for my pf 2 years back and still havent received it and currently im studying… is there any way by which i can get back my Pf… can u plz suggest how? coz my friends say that i cant get my pf after a delay of so many years though i had applied for pf 2 years back itself.
    plz help me out in this.

  517. Vimal says:

    Hi Manish,

    Really great info..thanks for sharing..

    I have a query regarding Pension Fund transfer. I have got my EPF Transferred from my previous company but when I checked the passbook details I found that the Pension fund amount for those years (@Rs 541/ p.m) has not been transferred…

    Do you have any idea is it some government rule that Pension Fund is not transferred or they have missed it?

    Thanks

    1. You have to fill form 13 for that, did you fill it ?

    2. Madan Mohan says:

      Hi Vimal,
      I also faced the same. Trust that everybody faces the same. 🙂 I got the response from EPFO, Bangalore that as per the scheme pension fund contributions are never transferred. They transfer EPS service period so that pension can be given. So, nothing to worry.

  518. MUNNA DANDAPAT says:

    Dear Manish,
    can U say if i leave my job of 2.5 years, and my EPF balance is arround 50000/-. can i get withdrawal of the said amount or EPF(50000)+Company contribution(50000)=100000??

    plz suggest how to claim for withdrawal

    1. You can get back all your EPF , once employer contributes to EPF, then its your money only.

      Manish

  519. Mohan says:

    Hi Manish,
    I read all your previous responses but couldn’t find answer to my specific case,so atlast i am putting up here. I have 4years 11months 25days service in one Company A and then i resigned and served 1year in company B and now resigned. Now i want to withdraw my PF from both the companies. Does either one taxable? I havent transferred them to single account yet, both are in different accounts.

    Thanks
    Mohan.

    1. You should transfer the old one to the new account and then only withdraw .. but then the issue is you cant because you are EMPLOYED . Right now you can withdraw the first option, but then you will have to declare yourself as UNEMPLOYED, do it at your own risk

  520. Neeraj says:

    Hi,

    Thanks for this useful post !!!

    My wife has left a company and now want to withdraw the EPF.

    Company finance person is saying that they can provide us the form which we need to submit to PF office by ourself.

    Is that right as per rule ?? As far as I know it’s duty of previous employer to get this done for employees ??

    Please guide..

    1. Yes .. its duty of employer , but only when you complete the process while you are leaving , once left, you are no longer an ASSET to them 🙂 .. so they are not in the mood to help you now ..

      1. Neeraj says:

        Hi Manish,

        Thanks for the reply !!

        We have filled all the required form while leaving the company. Is there anything which can help us to get our PF withdrawal .

        Or visiting PF office by ourself is the only option to get this done ?

        Neeraj

        1. If you filled up all the relevent forms at the time of leaving the company, then your company must have sent it to EPFO after 2 months ,now if your company didnt send some particular form or made some mistake then its your company fault and they should help you . But now the faster route is to do it yourself by refilling the form. ask using RTI the procedure for it !

          1. Neeraj says:

            They haven’t sent. They are even saying that employee himself have to do these things.

            Is there any act as per which compnay should do this for employee ??

  521. suman gupta says:

    Manish, Why Maximum Limit is different in 2 Lines as mentioned :
    1.) The maximum Pension per month is subject to maximum of Rs 3,250 per month.
    2.) There is something called Table ‘D’ , under which its mentioned how much you get at the time of exit from your job, there is a slab for each completed year and you get n times of your last drawn salary (depending on the completed year of service) subject to maximum to Rs 6,500 per month.

    Are one is for EPF & another one is for EPS ?

    1. NO that limit of 3250 is for pension income out of your EPS

      And that table D comes into picture when you WITHDRAW your EPS and want money back !

  522. Konark says:

    Hi Manish, congratulations on a great piece of work here. Also best wishes for your company, I hope you guys succeed. I am also an entrepreneur trying to put together a venture for about a year now. I left my day job in Nov 2011 and since then I have been working on my own venture. I have had two jobs, both about 2.5 years each, before I quit and started up. Can I withdraw my PF amount? Anything I can get to invest in my business from anywhere is welcome 🙂

    1. Great to hear your story 🙂 .. yes you can withdraw your EPF now …

  523. Prashant says:

    Thanks Manish for such an excellent and informative article. Indeed one of the most required information for one who is not too deep into EPF and that too so simplified. This is really wonderful. However I have a few questions:-

    – For any kind of partial withdrawal it would mean the amount extended as loan/advance (if they call it the same) will be given from EPF only or EPF + EPS.
    – Will that also require to return the loan or advance taken with any interest accrue on it or it would simply mean that the amount taken will be deducted from the overall corpus of EPF and later on at the time of withdrawal that will be adjusted.
    – When it is written “salary” for the partial withdrawal of the amount does it mean gross salary or net take home salary or it is just the Basic +DA.
    – For marriage, education self or of children and sibling when it is said 50% of “your” contribution then does that mean the contribution of employee only or the whole of EPF amount including employer contribution.
    – I have an understanding that if someone withdraws the EPF amount before 5 years it is subjected to tax. Please confirm.
    – Out of curiosity I just want to know if these clauses as shared above are somewhere mentioned in the Act or Circulars including extending a maximum of Rs. 3,250 as Pension.

    1. Prashant

      1. It will be like a PARTIAL WITHDRAWAL

      2. Its a WITHDRAWAL

      3. BASIC + DA

      4. Including Everything ,, its 50% of your salary only

      5. Yes

      6. Yes, its in ACT , you can find out the PDF on net

      1. Prashant says:

        Hi Manish,

        Thank you very much for your responses. However i am still not clear on Point 1 & 2 & 5.
        Point 1. – I understand it will be a partial withdrawal but that partial withdrawal comes from both EPF+ EPS or just EPF.

        Point 2.- I still have a confusion on whether at the time of repaying will there be some interest on the loan taken from EPF amount OR that will be interest free.

        Point 5.- You mentioned in my post that withdrawing EPF amount after 5 years will attract tax but in response to the post done by ARUL / SAURABH above in the post there was a mention that after withdrawing EPF after 5 years it will Tax exempted. Please clarify.

        Apart from the above please let me know on the following:-

        1. As per Table D what will be the definition of a “COMPLETED YEAR”. Anything above 6 months will be considered as a Year or less than 6 months would also be a year, like 6 years 3 months will be 7 years or it will be 6 years only for calculation of pension.

        2. If someone has a break in a job, let’s say after 6 years of employment he/she becomes a entrepreneur and runs the business for 2 years but never withdrew the EPF + EPS amount. After that again joins a company and works for another 5 years. In this situation will he/she be entitled to pension after 58 as he/she was not employed for 2 years in between and didn’t had any contributions to EPF+EPS although her overall tenure for service accounts to more than 10 years without any withdrawal of any EPF+EPS amount.

        3. For partial withdrawal for replaying a housing loan upto 36 times of “WAGES”. Out here wages means Basic + D.A. or the gross / net salary p.m. ( I am assuming it to be per month ) because there are people at senior levels whose Basic + D.A. could be around Rs. 1 lakh so does that mean that they could withdraw upto 36 lakhs at that time.

        4. What eventually happens to dormant accounts and does dormant means that no contribution or interest earned for 3 years and more?

        5. If an employee continuously worked for 11 years in a single company and had regular contributions in the EPF account but after that either something unfortunate happened to him/her OR in case he became handicapped and incapable of work for the rest of the life then in both the cases either his/her family OR he/she will be eligible for pension after attaining the age of 58.

        6. I have read on one of the forums that in an X company there were 5 employees who at the time of joining had a basic less than 6500 so they had a PF account and have contributions but with due course of time their basic went above 6500 so the company stopped deducting PF from their salaries and depositing the same. Is it correct and legal?

        I know I have asked quite many questions but will sincerely appreciate if you can throw some light or suggest some links to get more clarity on the above.

        Thanks
        Prashant

        1. Hi Prashant

          I suggest open up a thread now on our forum to discuss this point , please ask open ended questions which any one can answer , you will surely get pointers ..

          Manish

  524. Aditya pandey says:

    I would lime to reconstruct my parental house, which is in my father”s name, can I withdraw amount from my PF. If yes how much. I am already in same company from last 10yrs.

    1. I dont think you can do unless the house is in your name .. or atleast the land !

  525. Sundaram says:

    Dear Manish

    I have service of 15 continuous years (at present in 4th Orgnaization) and all my previous EPF got transfered by submitting form 13. But I never submitted From 10 for EPS transfer, is that necessary to submitt EPS transfer form along with EPF transfer form.

    How do i know that all my EPS amount got transfered to my present account.

    Pls carify.

    Regards
    S.Sundaram

    1. Did you fill them on your own or did the employer did it for you ? Because mostly employer also sends it for EPS .. Else you should fill up for EPS also, check with RTI application the exact status of this.

      1. Sundaram says:

        Dear Manish
        I only filled my EPF form (no.13) and submitted for transfer. But i never submitted form for EPS transfer (I guess it is From 10).

        What is the wayforward now to transfer my old EPS into my present EPS account.
        Is EPS eligible for interest as like EPF, pls clarify.

        Regards
        S.Sundaram

        1. Sundaram

          I am not sure if you didnt get EPS, generally EMployer gives you the form 10 also , are you very sure that you didnt fill it up ?

          1. sundaram says:

            Dear Manish

            I am sure i didn’t file from 10 for EPS transfer. I filled only form 13.

            Is it possible to fill form 10 for the old cases now. Or any other way forward pls.

            Regards
            S.Sundaram

  526. Namrata Ketkar says:

    Dear Manish,

    I joined my current company almost 2 years back and didnt opt for PF as my basic was more than 6500. but now since i have to apply for home loan i need to show PF deduction in my salary. So is it possible to open PF account now?.

    1. Yes , you can opt for PF now .. talk to your company

      1. Namrata Ketkar says:

        Thanks Manish

        1. Namrata Ketkar says:

          Dear Manish,

          I spoke with my company reg opening of PF acc and the HR manager is saying since its almost 2 years passed and now PF account cannot be opened as PF dept will set up enquiry and Company have to pay penalty charges.

          Is this true??? where i can get correct information??

          1. The best you can do now is

            1. File a RTI to EPFO and find info on this

            2. Check on our forum if any body knows about this – http://www.jagoinvestor.com/forum/

  527. Jawahar V R says:

    Dear Manishji,

    I am employed in a private organisation. They are not deducting any PF from my salary stating that I am appointed in that company for a higher salary than Rs.6500/= My Present salary is 15,000/= Is it right?

    1. How many people are there in company , if its below 20 , then its not compulsory for them to deduct PF

  528. Suresh says:

    Manish,
    Thank you for the article.
    I am withdrawing my PF dues after a gap of 3 years and have been asked to submit the Indemnity bond cum affidavit.
    Since I am outside India, can the affidavit be notarized by the Indian embassy/High commission and submitted to PF office.

    Thanks.

  529. Gurinder Singh says:

    Thanks Mr. Manish,,, for this elaborative article and 10 rules,,,, I would call them Golden Information…. I wanted to know this information since long but the babus at EPF office in Chandigarh never provided the infomartion with such details… even their so called website don’t list the above information,,,, well said it is too complicated …. Thanks again

    1. Thanks for your appreciation !

  530. Rajanikant says:

    Hi Manish,

    I have filled the form 10 and 19 for refund the Money and sent to my previous company and they also submit the form in PF office but form is rejected due to authorized signatory of previous company. and form is return to my previous company by pf office but unfortunately the form is lying in previous company and no one is there to follow. so what should i do for refund/transfer please guide.

    Regards,
    Rajanikant

    1. Now you should file an RTI application and check with them if you can file is again without involving the previous company

  531. Sunil says:

    Hello,

    I had withdrawn the EPF after 5 years and i submitted the form etc etc and the past employer told me that after 5 months we will get an acknowledgement and after that the amount will credited to your account.

    I want to know the rules,is it true that it will take 5 mths for the acknowledgement no from the EPF?

    1. I am not sure about the exact timing , but it can take some good time !

  532. Purnima says:

    Hi Manish,
    I joined a new organisation 1 month back and PF has been deducted for one month and submitted to PF department also. In 1st month basic salary was less than Rs 6500/- so it was mandatory to deduct PF but now my basic salary is more than Rs. 6500/-, in this case is it possible to oppt out of PF now?
    Regards,
    Purnima

  533. Saket krishna says:

    I wold like to know the precise Lock in period for recognised PF to be nontaxable in hand . whether its 5 yrs or 4 yrs and 240 days??
    As per gratuity act 1972 ,5 yrs continous service stands for a precise 4 yrs and 240 days of service. whether same definition of continuos service is applicable for EPF also .

    1. Saket

      this is something you should confirm at our forum http://www.jagoinvestor.com/forum/

      1. Saket krishna says:

        SURE ..

  534. Raj says:

    Hi Manish,

    First of all, whishing you an astonishing and happy new year 2013 🙂
    I have a query.

    I have spent 4 years in Company: ‘A’. Also Spent 11 years 11 months in another Company “B” and now leaving the Compnay “B”.

    Shall I be able to withdraw EPS from Company “B” or will get a Scheme certificate for pension?

    Thanks.

    1. You should be getting the EPS part also !

    2. You can withdraw EPS also

  535. Pritesh Vora says:

    Hello Manish,
    First of all Many Thanks for sharing the wonderful articles. I must admit I have enhanced my financial knowledge by reading Jagoinvestor posts & comments.
    I have applied for the transfer of my PF amt from previous employer to the current employer by submitting Form 13 quite a long time back. Also I registered a complaint through EPFiGMS as it was getting delayed. I have received a mail from them stating “Tr. of PF from XX to XX settled for Rs. 42102/- vide chq.no. xx dt 11/12/2012.”
    I think the amount that is transferred is to the new PF a/c is very less than the expected or maybe I am calculating in a wrong way. Kindly help me in it.
    Total Tenure with previous employer: 46 months
    Date of leaving: 12/03/2011
    Employee PF contribution: Rs. 528/- each month (from 1st month till end)
    As per my estimate My PF accumulation should be more than Rs.48000/- without considering any interest on it. Assuming Employer contribution is same as Rs.528 (including the Pension part). Then I suppose I should have received more than Rs. 42102/- into my new PF a/c.
    Could you please guide me what needs to be done from my end?
    Please let me know in case you need any further information.
    Thanking you in anticipation.

    Regards,
    Pritesh Vora

    1. The only thing I will suggest for now is file a RTI application . Only then you will get the exact status !

  536. kathiresh says:

    Hi,

    My brother passed away recently, he had a pf service of around 2.5 years. We received an amount of Rs.1.5 lakhs(approximate). But now my mother is getting pension amount of Rs.2501/-. my query is if employee dies, his nominee will get pf amount and pension? Is that pension will be provided life long? how they are calculating the pension amount?

    Regards,
    Kathir

  537. Purnima says:

    Hi Manish,

    I joined a new organisation 1 month back and PF has been deducted for one month and submitted to PF department also. Is it possible to oppt out of PF now?

    Regards,
    Purnima

  538. Purnima says:

    Hi Manish,

    I joined a new organisation 1 month back and PF has been deducted for one month and submitted to PF department also. It is possible to oppt out of PF now?

    Regards,
    Purnima

      1. Purnima says:

        Thanks a lot Manish.

        1. Purnima says:

          Hi Manish,

          My basic salary was below Rs. 6500/- that is why it was mandatory to deduct PF amount but from this month basic is more than 6500/- so can i opt out of PF in this case.

          Regards,
          Purnima

  539. balveer says:

    Hi,

    I want to withdraw my PF from previous company, i quit that company exactly 3 years. do i need to make an affidevit or indemnity bond ? please reply asap. thank you

    1. Its about the present. Are you unemployed right now or not ? You need to make the affidavit for that

  540. Ashish Doifode says:

    Hi Manish…Thank you very much for this Aaawwweeesome Article..
    I have one query…i am searching for my PF & Pension statement for last 7 yrs (since Jan 2006 till today)….In 2008 PF office handed over the responsibility to my company’s PF Trust….but they (PF Office) have xfered the fund after 3 yrs to my company….Do you know if there is a similar article on PF Trust as well? I was searching for that because i think the road is still long to get the PF/Pension stmt of last 7 yrs…

    1. The best you can do now is file RTI to EPFO and ask them all the statements . you will have to pay for each sheet .

  541. Ravi Shankar says:

    I will be completing 10 years of contribution to EPF only at the age of 59.5 years. Can I apply for the pension after 60 years of age instead of 58 years of age?

  542. Rohit Majethia says:

    Hi,

    I worked in the company X from 2006 to 2008 and got the PF transfer in Company Z in 2013. As per rule there is no interest after the 3 year (2011) and incase if you transfer the PF fund , interest will get credited even after the 3 year. (in above case 2011-13). Is it true? If yes, you will credit the interet , PF office of X company or PF office of Z company?

    1. Here is how it works . When a EPF is 3 yr old without contribution , then it stops getting any interest , like in your case when you left in 2008 , in 2011 , the EPF completed 3 yrs and then whatever amount was there was not growing beyond that point . Now when you transfer that EPF , only the balance which was there in EPF account will be transfered

      Manish

      1. Rohit C says:

        Further to above discussion, I have one question related to interest on PF transfer account.
        Can we get interest on our current account amount + old transfer account amount(this account has completed its 3 yrs but transferred after 1-2 years later into current account)?

        1. You cant claim the interest for years which are gone now !

  543. Sharath Krishna says:

    How the compound interest calculated for PF? i.e Monthly or Yearly

  544. Rajesh Patel says:

    Dear Manish,
    I need to withdrawn my PF amount ,so what total amount i get.

    My details as below
    Joining date:09-dec-2009
    Releasing date:15-sep-2012
    My PF contribution is: 38655

    consider withdrawn apply date : 06-dec-2012
    Waiting for your reply.

    1. You should expect somewhere around 85-90k in total becasue your employer contribution will also be like yours and then some interest you will get . This is rough estimate !

  545. Babu says:

    Nice article. Thanks for the information. I am a Ph.D. student (commonly called a Research Scholar) receiving a monthly stipend of Rs 18000/- under the MHRD norms. As per my discussions in the department office, my research scholar status does not qualify as a job. Legally can I withdraw my EPF from a company I left in 6 years ago?

    1. Babu says:

      I must add that I was unemployed for more than a year between 1st October 2009 and 27 December 2010 before I became a full-time Ph.D student.

      1. yes , you can withdraw it now , but you will have to give affidavit to prove that you are unemployed !

        1. Babu says:

          Hi Manish,
          Thanks for your feedback to my earlier question posted here..

          I have to provide my ex-employer a declaration of unemployment for withdrawing my PF. I am trying to write this declaration for the first time and need some help.

          Is this sort of a declaration OK..?
          I, MY-NAME, son of MY-FATHER’S-NAME of MY-PERMANENT-ADDRESS hereby declare that I am presently a Ph.D. Student (Research Scholar) at MY-DEPARTMENT-AND-INSTITUTE-WITHA-DDRESS. I am presently not employed with any organization.

          Please let me know if something more needs to be added, and if this looks OK..

          1. Yes, this should be good ..

            1. Babu says:

              Thanks !

  546. Abhijit Powar says:

    Very good article. Thanks alot for information.

  547. Naren says:

    Mr. Manish
    I have completed 09 years and 09 months in the job and my gross monthly salary is Rs. 9600/- and as the pension scheme is not anyway attractive so I want to withdraw my EPS amount alonghwith some EPF so that I may skip from pension scheme and the contribution of Rs 541/-pm as EPS after 10 years of service may be diverted from EPS to EPF account. I have to continue my service but don’t want any contribution towards EPS as the pension is very low. After 20-30 years of my service the total contribution towards EPS will be a large amount and pension is very low.

    1. Naren

      You will have the option to withdraw the full amount later, the pension is optional later

  548. Rakesh says:

    I appreciate your initiative of providing us with such a detailed information!!!!
    Keep up the good work 🙂

  549. Pratap Chandra says:

    Very Nice article on EPF Manish, Thank you.

    My Doubt from point 4 and table D is ,Do an employee 10 years continuously have to work for one company or is it applicable even though employee switch companies and keep on transferring the EPF amount to current company.

    Please reply….

    1. He can switch companies, the EPF has to be 10 yrs old !

      1. Sumith says:

        Hi Manish,

        I switched 3 companies and so 3 PF Account created.
        Amount from previous PF Accounts were successfully transferred to existing PF Account (3rd org).

        With my current organization (3rd company) I have been for more than an year.
        So in this case EPF is 6 yrs old or 1 year old?

        If it 1 year old and I switch to new organization today, can I opt for withdrawing ONLY EPS amount (Form 10 c) rather than withdrawing amount from EPS + EPF?

        Regards,
        Sumith

        1. It will be 6 yrs old ..

          No you cant withdraw the EPS part like this

  550. Aditya says:

    What is benefit of doing withdrawl after maturity(after 15yrs) over withdrawl whenever required??Is the tax waived after 15yrs??

    1. The withdrawal is tax free after 15 yrs, does not matter when you do it .

      1. Aditya says:

        Then any year before the maturity tax is deducted..

  551. Aakanksha says:

    Thanks for this informative article. Could you also clarify how do you define ‘wages’ when i see a mention of this term across the article (withdrawal section etc.)

    Thanks in anticipation of your kind reply and with best wishes,
    Aakanksha

    1. Its Basic Salary component

  552. natrajan says:

    Hello Manish,
    I resigned from my last job at the age of 54 after working in the company and contributing to its private pf fund for 4 years. I had withdrawn my pf from my earlier employers. Since then I am an independent consultant with no pf contribution. I am now 60 years of age, past the retiring age of 58 in my last company. Can I withdraw my pf from there without any tax deduction at source and without any tax liability on me.
    Thanks in anticipation of your kind reply and with best wishes,
    Natrajan

    1. As per the rule , you need to be of continous 5 yrs in service if you want a EPF money without tax. so i guess in your case there will be no tax on it

  553. Meenxi says:

    hi Manish,
    Thanks for very informative Article.
    I have one query, what if i have missed my EPF no. How can i get the EPF no?

    1. You will have to file an RTI to get your EPF number, tell your employer name , address etc and your name to EPFO and ask for your EPF number

  554. Aditya says:

    I know that we can take a loan on our pf contribution after 7 years….What is the interest rate when withdrawing(not fully i mean..i want to continue contribution) it and is there any other way of avoiding it??

    1. I think you will get it as Partial withdrawal not LOAN

  555. anilkumar says:

    Hi Manish…
    Im 23years old working in a organisation from past two years…
    Till what time i wil get pension…In case death who will get and wht the amount..
    My basic pay is 6300 right now…

    1. You should get it lifetime

  556. Ananda says:

    Hi Manish,
    Nice article. Can you please let me know on below,
    I am going out of India for 3 yrs then what will happen to my EPF money?
    Can I withdraw?
    Can my EPF account will go to dormant state?
    If suppose I came back after 3 yrs then can I use same account?

    Regards,
    Ananda patil

    1. Yes, if your company is same , then after you come back your company will deposit the money in same EPF , but if you will change the company , then it will be different . Better withdraw !

  557. Saurabh Sharma says:

    Hi manish,

    The latest amendements in PF case has given a big shock to all the salaried employees whose takehome salary will be curtailed drastically. What do you think on this and how one can neutralize it impact.

    Regards

    1. WIll write on this soon . I think its just a proposal and has not become a law !

  558. Prasant says:

    Hi Manish,

    I have a confusion on “4: You might not get 100% of your EPF money”. As the rule a maximum of 541 rupees will be deposited towards the EPS. So Yearly maximum will be 6492. Also maximum withdrawal is same. So I think we can withdraw the actual amount of EPS without any interest upto ten years.

    There will not any situation where your EPS accumulated is more than the withdrawal upto 10 years as the withdrawal is ‘n’ times of the years competed.

    After 10 years, can we withdraw the EPS? Or it will be a compulsory Pension? Is there any withdrawal rule after 10 years? I mean if any one try to withdraw EPS after 12 years of job and the age is below 58, will he be getting 12 times of 10 times of yearly maximum 6500?

    Thanks

    1. Let me research a bit more on this and get back !

  559. Nilesh M says:

    Hi All, thanks a lot Manish for your information but now things have been changed. my query is that now the news states PF rules are changed so can you describe whats the new rules states as it will be helpful to know more and even the deduction is compulsory to 12.5%.

    1. Is it 12.5% now , can you send me the link which you read ?

  560. Anupam says:

    Manish,
    if i withdraw now (quit my job 2 months back and not working currently. so legally correct), what will happen to the FY12-13 interest ?

    i am assuming it will still be paid-out separately whenever the FY12-13 interest rates get finalized and the same gets credited to all other active account holders.
    correct ?

    1. The interst is calculated on per month basis and its added at the end of the year in normal case , when you withdraw, the interest will also be paid back . Dont worry on that !

  561. Mohan kumar k says:

    Hi Manish,
    My account No. is PY/BOM/0023073/000/2036 I can’t download e passbook i Register MEMBER PORTAL same process but when i login i enter all details like Establishment code. Extension. Account number &characters but when i click get pin then show You have entered invalid Member ID please help me

    1. You should not use RTI to get the status of your EPF

  562. PANKAJ says:

    It’s really very informative..
    Just want to know about.. how monthly pension amount is calculated… is there any minimum monthly pension amount (jsut as there is cap on max pension of Rs.3250/- per month)..

    1. That is discussion by someone on comments section

  563. rajesh says:

    manish ,Thanks a lot for the valuable information .

    1. Welcome 🙂 . Can you share your biggest learning ?

  564. Vishwanath says:

    Manish,
    Very informative & helpful. Thanks for your efforts in sharing this article.

  565. divya says:

    awesome work manish…for a dumb like me…it was a cakewalk…to understand the nuances. Just wanted to know, how long does it take for the pf to be deposited in the bank. I had received a message from the epfo saying that the forms are under process last week.

    1. Divya

      Actually it should take just few months, but most of the times it takes a lot of months or sometimes even a year ! . Use RTI to find out the status – https://www.jagoinvestor.com/2012/03/rti-for-epf-withdrawal-or-transfer.html

  566. Amjad pasha says:

    Dear Manish,

    I was working in a pvt ltd co from Sep 2009 to Dec 2010 . I do not have any payslips wherein my EPF account no. was mentioned. There was PF deduction and remittance as well. How do I get the PF money transferred to my current employer. Please advice.

    1. You will have to file a RTI to EPFO mentioning your past employer name , they should be able to help you in getting the EPF number !

  567. anjan says:

    hi manish,, i worked in organisation for 4 months and in full and final settelment my contribution in EPF is 6 month,, after leaving this job i join a private sector where no provision available for EPF,, so my question is can i able withdraw my six month contribution .

  568. R K says:

    Taking the option to opt out of EPF scheme through “form 11” the onus in case of any mishap lies with Employer or the employee who signes declaration

    1. It lies with Employee !

  569. Prabhu says:

    Hi, Manish,
    Is EDLI scheme is a death benifit? Does it covers disability? Is this schem is applicable to pensioners? Please reply

    Prabhu

    1. Its mostly a death benefit , but it will be applicable only if your employer has choosen it , most of the companies which offer health insurance, do not have it .

  570. Josina says:

    Hi Manish,
    I was employed with my previous company for 9 years and 2 months and still the PF office has declined my Form 10 C. no letters issued to me yet.. but they say I need to provide a new form with the Nominee’s Date of birth proof and that I will have to compulsorily take a Scheme Certificate.. I do not want the Pension scheme.

    Date of Joining : 2 May 2002
    Date of Leaving : 24 July 2011
    Reason for Leaving : Maternity complications.

    I got employed with new Company in 2012.
    Please help.
    Regards,
    Josina
    I have already Withdrawn my EPF.

    1. I think you need to now go ahead with the RTI , only with RTI you will be able to get right answers for your query !

      1. Josina says:

        Thanks.. but How do I file a RTI ? Where must I approach..
        regards,
        Josina.

  571. Abhijeet says:

    Hi Manish,
    My account No. is MH/35004/147. My Job period is 7 years 3 months. when I leave the job my basic salary is Rs. 7700 and PF amount is Rs. 780, so what is my total PF amount?

    1. You can get this info only from EPFO , I would recommend filing an RTI for this !

  572. vinod says:

    What if an employee has gone on site and has not contributed to Pf for more than 3 years.- Eg Sabtical

    what if an employee is on a medical leave

    1. Vinod

      that does not change much

    2. vinod says:

      My query was what is the impact of interest for provident fund, will the employee get Interest on provident Fund if he is on medical leave or employee has on Sabbatical leave

      1. Yes, the interest will keep on accruing for 3 yrs , after which it will become inactive

        1. vinod says:

          but we feel that interest has to be provided as the employee has not made any application under para 69 or 70 of the act. As the reading goes for incertion of the clause in para 60

          1. Not aware of these acts !

  573. venkatesh says:

    Hi Manish,

    I have completed 5 years in my current organisation and now i’am eligible for partial withdrawal of my PF under the option “Withdrawal to finance members life insurance policies”. Can i show the new insurance policy that i will be receiving using the withdrawal money as a tax exemption for my income.

    Thanks in advance,
    Venkatesh

    1. I am not clear about it . Can you explain more , buying a life insurance policy is any way exempted , right !

  574. prabu says:

    Hi Manish,

    I really appreciate your Excellent Effort for posting this article and addressing our queries.. keep up the good work.

    Pls assist me with the below queries.

    1) I Want a PF Contribution Statement(Monthly) from the year 2007 to 2011? from 2 different employers? how can i get it and whom to contact?

    2) Recently i have transferred PF money from the previous employer to the present employer, PF online balance says the money has been transferred to the present employer on 15-mar-2012 but my EPFO account statement has no entry, even the balance is not reflecting the transfer amount. what should be the next step?

    Thanks in advance.

    – Prabu

    1. I think the answer now is “file a RTI to find out more”

  575. himanshu Gupta says:

    Hi Manish,

    I have send request for transfer of my EPF and EPS balance from previous employer to current. EPF amount was transferred in my account with Interest but EPS amount is not showing in my E passbook.
    What is remedies for that and what is next step for me.
    Thanks in advance
    Regards,
    Himanshu Gupta

    1. file a RTI to find out exactly what happened !

  576. Partha Dev says:

    My wife passed away ten years before leaving her daughter. She was a PSU employee. As per rule we got family pension. Three years back I re-marriaged. From the I did not submitted yearly life Certificate for me but for my daughter. Daughter’s family pension continued.

    Question
    1. Though I have informed them about re-marriage what I have do any more formalities ?

    2. May I get some claim from them ? Is there any due ?

    3. What I have to do with my Pension Account ?

    1. This is something needs to be discussed at our forum – https://www.jagoinvestor.com/forum/

  577. Pooja says:

    So if you withdraw within a year after quitting then you get very little of the EPS. What happens to the remaining EPS? do u get it after 58?

    1. You get all the EPS !

  578. Babu says:

    For loans, Purchase of Plot and again construction of house both are possible seperately?

    1. I think it will be tough !

  579. NARESH CHANDRA says:

    NICE AND VERY USEFUL INFORMATION.

  580. Seenivasan.K says:

    Dear Sir,
    I have small doubt regarding EPS part in your article.
    You have mentioned in second point that (The 12% contribution from your side goes to EPF, but the 12% contribution which your employer makes, out of that 8.33% actually goes in EPS (subject to maximum of Rs 541) and the rest goes into EPF)

    but third point saying that ( The EPS part (8.33% out of 12% contribution from your employer or Rs 541 what ever is minimum) does not get any interest.)
    541 is maximum or minimum amount towards EPS.

    1. Its maximum . But even the both the cases you mentioned are same , leading to “maximum”. think about it, take some numbers as examples

  581. Ashish says:

    I am currently un-employed and its been more than 6 months since my last employment. Can I withdraw my money without needing the involvement of my past employer or the withdrawal form can be submitted only by the employer and not a employee?