
Almost all the employed people in the country have PF accounts. PF account works like a savings account in a way. 12 percent of the salary of the employees is deposited in this account. The same contribution is given by the company. Interest is also given on the amount deposited in this account. When there is a sudden need of money in life.
Then PF account can be of great use. Many people think that withdrawing money from it is a long and complicated process. But now it is not so. Now you can get money in your bank account in just a few hours. Let us tell you what will be the process for this.
This is how to make PM claim
To withdraw money from PF account, you have to fill PM claim form on the online portal. First of all go to https://unifiedportal-mem.epfindia.gov.in and login with your UAN number and password. Then go to the 'Online Services' section and select the 'Claim Form-31, 19, 10C & 10D' option. After this, verify the bank account and Aadhaar information.
If your KYC is complete and the bank account is linked to UAN. Then the process is quick. Select the reason for the claim in the form, fill in the required details and submit the claim after OTP verification. If everything goes right, the money can come to your bank account within a few hours. Keep in mind that there is no mistake while filling the form.
Money will reach the account in 72 hours
If you fill the claim form on the EPFO portal correctly and all your information like UAN, Aadhaar, bank details and KYC are updated. Then your claim process is very fast. After making an online claim, if there is no mistake and all the documents are correct. So in most cases the money is transferred directly to your bank account within 72 hours i.e. 3 days. Earlier this process used to take a lot of time. But now the process has become very fast. That is, now if needed, you can claim PF anytime and in a short time the money will be in your account.
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