EPFO UPDATE: The PF of most private sector employees is deducted. PF is an amount that becomes financial support in the future. Most employees do some big work by withdrawing PF money. If your PF is being deducted while working and you want to withdraw this amount, then important things have to be taken care of.
You must have seen that many times, employees’ claims to withdraw PF are rejected. Many times, the claim for PF that gets rejected has a shortage of employees. If you make a claim keeping important things in mind, then it will never be rejected. Suddenly, due to a small mistake, employees have to face trouble.
Why does the claim get rejected?
If the PF employee claims to withdraw his funds after leaving the job and it gets rejected, then something is wrong. While filling out the claim form, you will also have to fill in the joining date and the date of leaving the job correctly. If you do not do this, your claim will be rejected.
Apart from this, many times, the name registered on the Aadhar card, and the EPFO portal differs, so your claim for the fund gets cancelled. Therefore, you should get it corrected by submitting a joint declaration form along with the application. The claim gets rejected even if the date of birth registered on the Aadhar card and EPFO differs.
Do not use a joint account.
Even if the PF employee fills out the correct information for the bank account in the form, the claim gets rejected. The reason for this is considered to be a joint account. If your account is opened with your husband or wife, then in such a situation, the claim gets rejected. Therefore, it is necessary to have a separate account to withdraw the claim.
At the same time, it is essential to link UAN with Aadhaar to make the claim. If your KYC information is not complete and verified, the claim will be rejected. Therefore, you should apply for PF only with full details.