My EPF Money | Under the EPF scheme run by the Employees Provident Fund Organization, private sector employees can also collect a large amount. The benefit of this fund is available in the form of pension after retirement. You can withdraw this amount after retirement. Also, EPFO allows withdrawal in case of emergency.
PF account holders can withdraw money from EPFO account for treatment, education or any emergency related to family. After the recent change, PF account holders can now withdraw Rs 1 lakh instead of Rs 50,000.
Do not make these 5 mistakes while withdrawing money from PF account
* Name error in checkbook or passbook
* Difference in information given in KYC
* UAN is not linked to Aadhaar
* Bank account number should be 11 digits
* PDF not opening
Process of Withdrawal from PF Account – My EPF Money
* First of all you have to visit the e-service portal of EPFO members.
* Now go to the member section here.
* Then log in using UAN, password and captcha.
* Now go to the 'Online Services' tab and select 'Claim (Form 31, 19, 10C and 10D)' from the drop-down menu.
* Enter your personal details like name, date of birth etc.
* Next, choose Form 31 for partial withdrawal and specify the reason for withdrawal from the list.
* After submitting, you will get an OTP on your Aadhaar linked mobile number.
* After this enter the OTP.
* You can check the status of the claim under the 'Track Claim Status' option in the 'Online Services' tab.
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