How to transfer EPF money online?

Updated on : 2021-Jan-07 17:52:25 | Author :

How to transfer EPF money online?

The EPFO or Employees' Provident Fund Organisation has introduced a web system to facilitate transfer claims and withdrawals by its members. Using this technique, an employee will transfer his or her provident fund (EPF) balance with the previous employer to a new employer or will make partial/complete withdrawal of his PF balance with ease. In on-line transfer of PF, a worker has the choice to induce his or her claim genuine by the present or the previous employer. Once you submit your EPF transfer request, the employer can verify/correct your member details, approve and submit the request on-line through the portal. However, the employer must have a digital signature effect to result the transfer. There are certain eligibility criteria that a worker must meet so as to transfer the EPF on-line.


How to transfer EPF online
1) Log in to the EPFO members' portal using your UAN and password.

2) visit the 'Online Services' tab on the main menu of the home page and choose 'Transfer Request' to get an internet transfer request.

3) Once you click on the 'Transfer Request' tab, a page can open, wherever all of your personal details are shown. Verify that all your personal details like EPF number, date of birth and date of joining are correct. Otherwise, the claim won't be processed.

4) Once you verify your personal details, attend Step one wherever you wish to provide the details of the previous employer. However before that you simply ought to choose the choice - previous employer or present employer - through that you wish to try and do the claim form attestation.

5) Once you fill within the details of previous employer and submit, AN OTP will be sent to your registered mobile number. Once you authenticate your identity by entering the OTP, the request are submitted and an online filled-in form will be generated. You need to sign the form and send it to your present or previous employer.

6) The employer also will get an online notification regarding the EPF transfer request. Once verification of your employment details, the employer will digitally forward the claim to the EPFO workplace, which can process the claim.

7) Once you submit the web request, you'll check the status of your EPF transfer claim under the 'Track Claim Status' menu, that is under the 'Online Services' menu.

 

Online EPF Withdrawal

Using EPFO's on-line facility, members can apply for PF final settlement, pension withdrawal profit and PF part withdrawal. However, to avail the online facility, the EPFO subscribers got to fulfill certain necessities. Here are these requirements:

1) The member ought to have activated his Universal Account number (UAN) and mobile number used for activating UAN ought to be in operating condition.

2) Member's Aadhaar details ought to be seeded in EPFO information and he/she ought to have access to OTP-based facility for validatory eKYC from UIDAI whereas submitting the claim.

3) Member's checking account together with IFSC code ought to be seeded in EPFO information.

4) Permanent Account number (PAN) got to be seeded in EPFO data for PF final settlement claims simply just in case his/her service may be a smaller amount than 5 years.

If a subscriber does not meet any of the higher than requirements, then he/she has got to visit EPFO's e-sewa portal to seed the KYC and different details.

If you meets the higher than necessities, then he/she will go ahead for on-line claim submission.


Here is how to do it:

1) Log into the member interface using your UAN and positive identification.

 

2) Visit the 'Manage' tab and choose 'KYC' to examine that details like Aadhaar, PAN and checking account details are out there and are correct.

 

3) If you'r satisfied that every details are available and are correct, then head to the 'Online Services' tab and choose 'Claim' from the dropdown menu.

 


4) On the 'Claim' screen you'll find all of your member details, KYC details and service details and below that, you'll find 'Proceed For on-line Claim' tab. Click on the tab to submit your form.

 

5) Within the form, choose the type of claim you wish to submit like PF withdrawal, PF advance or Pension withdrawal, under the 'I need to use For' tab. If you're not eligible for any of the services like PF withdrawal or pension withdrawal, because of the service criteria, then that choice won't be shown within the menu.

 

After you decide on the relevant claim, a detailed form are going to be displayed. Fill the form and authenticate using Aadhaar OTP to complete the online claim submission.

 

After you submit your claim, you'll be able to check your claim status by choosing the 'Track Claim Status' tab, under the 'Online Services' menu.

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