EPF withdrawal after 7 years (5+2) of work in 2 different companies ?

POSTED BY Karthik Reddy Chintaparthi ON February 18, 2014 8:45 pm COMMENTS (7)

Hello, I have worked for 5 years in company A. Moved to Company B and worked there for 2 years. While working in company B, I have transferred PF from A. My question is can I withdraw the pf amount completely ? Please confirm.

7 replies on this article “EPF withdrawal after 7 years (5+2) of work in 2 different companies ?”

  1. ashalanshu says:

    Dear Karthik, Yes is my answer.

    Thanks

    Ashal

  2. Karthik Reddy Chintaparthi says:

    OK great ! This is what I am planning. Fill up the form 19 and get it attested by current bank manager and send it the EPF office where my current pf account resides. Is that correct ? Please advice.

  3. ashalanshu says:

    Dear Karthik, you can withdraw even with out the signature of prev. employer.

    Thanks

    Ashal

  4. Karthik Reddy Chintaparthi says:

    Thanks Ashal !
    Now I am working no where. I would like to withdraw the complete amount. I have left my last job 7 months back. Should I need previous employers signature ? Please confirm.

  5. ashalanshu says:

    Dear Karthik, you can withdraw X+Y+Z. To understand the withdrawal process, please read previous articles in main JI site from dear Manish.

    Thanks

    Ashal

  6. Karthik Reddy Chintaparthi says:

    Thanks Ashal. I have gone through my EPF pdf file. It says final amount as Employee Share: X rs, Employer Share: Y rs, Pension Fund: Z rs.

    Can I withdraw completely X+Y+Z ? Please confirm. Do you have any link explaining the complete withdrawal process.

  7. ashalanshu says:

    Dear Karthik, if you are leaving the organization B now, you can withdraw the full PF amount (A+B). As the combined service period is more than 5Y, no tax on withdrawal.

    Thanks

    Ashal

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