How to withdraw money from PF
PPF Whether the job is government or private, everyone's money is deducted. Although the money of this fund is usually called saving for retirement, but if suddenly needed, you can withdraw it. By the way, the general rule is that this money can be withdrawn in two ways, but it can be withdrawn if necessary in emergency. The Employees Provident Fund Organization (EPFO) has now made it necessary to change its rules that if it is to withdraw money, then it has to apply only online. In such a situation, it is important that everyone is fully aware of this. Withdrawing PF money online is quite easy. It took a long time to withdraw PF money before going online
But now this process has become easier, and time is also less.
Let us know what is the rules and method of withdrawing money from PF.
EPFO money can be withdrawn under special circumstances
According to the rules, the full amount of EPFO can be withdrawn only under special circumstances. The first situation is that if you are unemployed for more than two months, you can withdraw the entire money from EPFO. At the same time, another situation is considered when you have changed your job. On the other hand, if a job worker is unemployed for 1 month, he can also withdraw up to 75% of his PF. Apart from this, PF money can be withdrawn up to 50 percent to build houses, for children's education, to buy land, even for children's wedding.
This is the online way to withdraw money from PF
First of all, you have to go to the EPFO website. On visiting this website, you will have to enter your universal account number i.e. UAN number and password. If not yet created, it can be created immediately, or if you have forgotten the password, you can reset it immediately. For this, OTP will come on the mobile number registered in your UAN account. You can reset your password by entering it
Click here to visit EPFO website
Check your kyc first
After visiting this website, first of all check your KYC details. Here your UAN number should be linked to the Aadhaar card. In this, the Aadhar card number, PAN card and complete information of the bank should be accurate. Because if this information is not known, or is false, then you will not be able to withdraw money from PF
After that you go to the online service option on the UAN website. After clicking here, a drop menu will open, in which the option of claim will be available. You have to click on this option. Here, after submitting the information, submit it. Just now your work is finished, and PF office will transfer the money to your bank account in due time.