Nowadays every employed person has a PF account operated by the Employees’ Provident Fund Organization (EPFO). Not only some of your salary is deposited in this account every month, but the company also deposits a part of your salary in it. The government also pays the appropriate interest on your deposited money.
You can also withdraw the amount from your PF account if you needed. However many people are sceptical about the online process. So let us tell you today in a few easy steps how you can withdraw money from your PF account online.
Documents Required
Active UAN number
Aadhaar card
PAN card
Bank account linked to your PF account.
Withdrawal Process
Visit the official website of EPFO: First of all you have to visit the official website of EPFO https://unifiedportal-mem.epfindia.gov.in/memberinterface/.
Login: Login to the official website with your UAN number and the password.
Select Online Services: After logging in, click on the “Online Services” tab and select “Claim (Form-31, 19 & 10C)” from the drop-down menu.
Verify Your Information: After this, your information will appear on your screen. Enter the last 4 digits of your concern bank account and click on the “Verify”.
Submit Declaration Form: After this, give consent to submit the declaration form by clicking “Yes”. Then select and click on the “Proceed to Claim Online”.
Select the PF Advance option: Select the “PF Advance (Form 31)” to the withdraw funds online. After this, the new section will be opened.
Fill in the required information: In this section, you have to select “Purpose for which the advance is required”, amount, and employer.
Verify and Submit: Finally, you have to tick Verify and submit the application. In some rare cases, you will have need to submit the supporting documents.
Employer Approval: Finally, your company has to approve your withdrawal request. Only then the funds will be transferred from your PF to account of your registered bank account.
Receipt of funds: Generally, the funds reach your account within 15-20 days.
Points to remember
The process is simple, but you should still fill out the form carefully and enter the correct information.
You can also contact the EPFO’s helpline number for any kind of related assistance.