PF Withdrawal Form Online: Claim Types & Forms
PF Withdrawal Form Online: Claim Types & Forms
May 10, 2023
5 Minutes
Comprehensive Guide to PF Withdrawal Forms: Accessing Your EPF Funds
A Provident Fund (PF) withdrawal form, commonly known as a Provident Fund withdrawal form, serves as a crucial document enabling individuals to access funds accumulated in accounts related to EPFO schemes. This versatile document caters to various purposes, including EPF withdrawal, pension application, EPF transfer, LIC policy financing, TDS savings, nomination for EPF and Employees' Pension Scheme, settlement of EPF, and more.
Types of PF Withdrawal Forms:
Understanding the specific purposes, there are different types of PF withdrawal forms:
Form 10C: Used for EPS withdrawal.
Form 10D: Applied for a pension after retirement.
Form 11: Facilitates the automatic transfer of EPF.
Form 14: Used for LIC policy financing.
Form 15G: Aids in saving TDS on EPF interest.
Form 19: Settles EPF for retired or resigned individuals unemployed for 2 months or more.
Form 2: For nomination in EPF and Employees' Pension Scheme.
Form 20: Settles EPF in case of an employee's demise.
Form 31: Allows partial EPF withdrawal.
Form 5: Registers new employees.
Form 5(IF): Facilitates Employees' Deposit Linked Insurance claims.
Each form has its unique eligibility criteria. For instance, Form 10C applies to members discontinuing their jobs before completing 10 years of service or those completing 10 years of service before turning 50. Form 10D is specifically for monthly pension benefits post-retirement.
Applying for EPF Withdrawal Online:
Individuals can efficiently apply for EPF withdrawal online through the UAN portal. Here's a simplified guide:
UAN Portal: Navigate to the UAN portal.
Login: Enter UAN and password.
KYC Verification: Verify KYC details.
Claim Form Selection: Choose the relevant claim form.
Details Submission: Fill in the necessary details.
Application Submission: Submit the application.
Track Claim: Monitor the claim status online.
Eligibility for EPF Withdrawal:
EPF withdrawal eligibility encompasses various scenarios:
Retirement
Medical Emergency
Home Acquisition or Building
Higher Education
Job Loss or Layoff Due to Retrenchment
Employees must fulfill the specific criteria outlined in the chosen PF withdrawal form.
In summary, PF withdrawal forms play a pivotal role in streamlining the fund withdrawal process from EPF accounts for diverse needs. Individuals are urged to meticulously complete the applicable form, accompanied by requisite documents, for submission to the EPFO office. For seamless access to your EPF funds, leverage the convenience of PF withdrawal forms.
Comprehensive Guide to PF Withdrawal Forms: Accessing Your EPF Funds
A Provident Fund (PF) withdrawal form, commonly known as a Provident Fund withdrawal form, serves as a crucial document enabling individuals to access funds accumulated in accounts related to EPFO schemes. This versatile document caters to various purposes, including EPF withdrawal, pension application, EPF transfer, LIC policy financing, TDS savings, nomination for EPF and Employees' Pension Scheme, settlement of EPF, and more.
Types of PF Withdrawal Forms:
Understanding the specific purposes, there are different types of PF withdrawal forms:
Form 10C: Used for EPS withdrawal.
Form 10D: Applied for a pension after retirement.
Form 11: Facilitates the automatic transfer of EPF.
Form 14: Used for LIC policy financing.
Form 15G: Aids in saving TDS on EPF interest.
Form 19: Settles EPF for retired or resigned individuals unemployed for 2 months or more.
Form 2: For nomination in EPF and Employees' Pension Scheme.
Form 20: Settles EPF in case of an employee's demise.
Form 31: Allows partial EPF withdrawal.
Form 5: Registers new employees.
Form 5(IF): Facilitates Employees' Deposit Linked Insurance claims.
Each form has its unique eligibility criteria. For instance, Form 10C applies to members discontinuing their jobs before completing 10 years of service or those completing 10 years of service before turning 50. Form 10D is specifically for monthly pension benefits post-retirement.
Applying for EPF Withdrawal Online:
Individuals can efficiently apply for EPF withdrawal online through the UAN portal. Here's a simplified guide:
UAN Portal: Navigate to the UAN portal.
Login: Enter UAN and password.
KYC Verification: Verify KYC details.
Claim Form Selection: Choose the relevant claim form.
Details Submission: Fill in the necessary details.
Application Submission: Submit the application.
Track Claim: Monitor the claim status online.
Eligibility for EPF Withdrawal:
EPF withdrawal eligibility encompasses various scenarios:
Retirement
Medical Emergency
Home Acquisition or Building
Higher Education
Job Loss or Layoff Due to Retrenchment
Employees must fulfill the specific criteria outlined in the chosen PF withdrawal form.
In summary, PF withdrawal forms play a pivotal role in streamlining the fund withdrawal process from EPF accounts for diverse needs. Individuals are urged to meticulously complete the applicable form, accompanied by requisite documents, for submission to the EPFO office. For seamless access to your EPF funds, leverage the convenience of PF withdrawal forms.
Author
Pluto Team
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