- After leaving the job permanently, you can choose to withdraw all amount if you have not completed 10 years of Service. In Hard copy shape, you have to fill EPF Form 19 (For EPF Amount withdrawal) & EPF Form 10C (For Pension Amount withdrawal) .
- Another way to apply your withdrawal forms, nowadays you can apply online by logging in your UAN Passbook.
- As per the latest press notice by EPFO, EPF claims of 3 categories i.e. Full Withrawl via PF Final Settlement, PF Partial Withdrawal via loan/advance and Pension Withrawal Benefit through EPS withdrawal, can be made directly through employees UAN (Universal Account Number) portal by all members of EPF who have activated their UAN and linked their KYC or Aadhaar card number with the EPFO
LET US TAKE YOU THROUGH THE PROCEDURE FOR EPF WITHDRAWAL ONLINE:
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First of all you should have activated your Universal Account Number (UAN). You need to link the following with your UAN
- Your mobile number, which is in working condition (should be the same as registered with your Aadhaar card)
- Bank Account details and the IFSC Code of the branch
Also, You should have linked your Aadhaar Card and PAN Card (in case of service of less than 5 years) on the EPFO website.
HOW TO WITHDRAW EPF & EPS BALANCE ONLINE?
- Step 1 is to log on to the UAN portal and enter your details.
- Step 2 is to check whether the KYC details seeded are correct and verified or not.
- Step 3 is to select the claim you require out of the 3 namely, full PF Settlement, PF Part withdrawal (loan / advance) or EPS withdrawal.
- Step 4 is to verify the online PF claim using One Time Password (OTP) that you will receive on your mobile number linked with your UAN. EPFO will obtain your KYC i.e.
- Adhar details from UIDAI and your online PF claim will be processed and your bank account will be credited with the amount of the claim.
- Also, if someone is applying online for EPF partial withdrawal i.e. loan/advance, he/she doesn't need to submit any documents along with.
- Now that surely brings a lot of convenience and easy access to one's money as the current EPF Withdrawl system required minimum 30 days to process the above mentioned EPF claims.