Recently, the EPFO has provided relief to employees by making a major change. Now, members of the Employees' Provident Fund Organization (EPFO) will be able to withdraw 100% of their PF account. Therefore, if you are employed, it's important for you to know how to withdraw money from your PSU. Before we understand how to withdraw all your EPFO funds from your mobile phone, note that the deadline for withdrawing the entire amount after losing your job has been extended from two months to 12 months. Let's now understand how to withdraw money from the EPFO.
Steps to Withdraw All Your PF Accounts
To withdraw all your PF funds from your PF account, you must first visit the EPFO's official website and log in to your account using your UAN number and password.
After logging in, click on the Online Services option on the dashboard and then click on the Claims option.
A form will open. Some fields will be pre-filled, while others will require you to enter your details.
On this form, you'll need to enter your bank account number and accept the terms and conditions.
You'll then see details of your last job, along with your exit date. Exit date refers to the last working day of your previous job.
Further Steps
Click "Proceed For Online Claim" to proceed to the next steps.
Select "Form 19" under "I want to apply for," and another form will open.
Below this option, you'll find the option to submit Form 15G. This form is filled out and submitted when the withdrawal amount exceeds ₹50,000 and you don't want to be charged 10% TDS or tax.
Next, you'll need to fill in the address on your Aadhaar card and, if prompted, upload a photo of a canceled check.
After this, accept the terms and tap Get Aadhaar OTP, verify the OTP, and submit your form.
You will receive your PF funds in your account within a few days.
Disclaimer: This content has been sourced and edited from Navbharat Times. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
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