Provident Fund: Most companies deposit PF funds to ensure their employees’ future financial well-being. Employees accumulate PF funds during their employment. It is considered a safe deposit. PF funds can be withdrawn and used at any time in difficult circumstances.
If you’re experiencing delays in withdrawing your PF, don’t worry. The process of withdrawing funds from your PF account has now become much easier. The PF funds will be transferred to your bank account within 10 days. You can easily withdraw this amount through the Umang app. If your PF claim gets stuck, you can easily withdraw it using the Umang app.
Not only online, but offline assistance will also be available
PF employees will be pleased to know that they will be able to access assistance not only online but offline. Employees who lack digital access or have difficulty using the app can visit their nearest PF office. Employees there will assist you in filling out the correct forms and submitting the necessary documents.
Which phone will be used when?
Choosing the correct form for PF withdrawal is essential.
For this, Form 31 – for partial withdrawal. It is used for medical expenses, home construction, marriage, or educational needs.
Furthermore, Form 10C – for full PF withdrawal after leaving a job. This form is submitted after two months of unemployment.
How many days will it take to receive the amount?
You’ll be pleased to know that if you use the official digital platform and your UAN is properly activated, the PF amount is credited to your account within 10 days.
This amount is also very useful in case of medical emergencies, buying a house, purchasing a car, or other needs.
PF Withdrawal Process Using the Umang App
To withdraw PF, download the Umang app on your mobile phone.
Go to “All Services” and select “EPFO.”
Additionally, go to “Employee-Centric Services” and select “Raise Claim” or the required form.
Then, enter your UAN number and verify it with an OTP.
Fill in the required information and select the withdrawal type.
Submit the form and you will receive an acknowledgement number. This will also help you track your claim status.
