EPFO Update: Withdrawing money from mobile and app has become easy, how to apply

EPFO Update: If a part of the employee’s salary goes into the PF account, then now there will be no need to worry about withdrawing that amount. All the money from the PF account can be easily withdrawn before retirement. This type of withdrawal is also known as a full and final withdrawal. It also includes the amount of PF, pension and interest.

However, this type of withdrawal will not be taken out while working. If money is withdrawn while working, it is also called a partial withdrawal. This process can be completed online. Employees can also do this work easily through the mobile and the Umang app.

Employees who want to withdraw the entire amount from the PF account will have to go to the official website of EPFO. You will have to log in to your account with the help of your UAN number and password.

Process of withdrawing money

You will have to log in to your account with the help of your UAN number and password on the official website of EPF.

Then a form will open in front of you. After this, the fields will be pre-filled here, and you will also have to fill in your details in some fields.

Then you will need to enter your bank account number.

After this, you will have to accept the new terms and conditions.

Then you will have to fill in the details of the last job.

Then the date of exit will also be mentioned in it.

After this, the date of exit means the last working day of your previous job.

Then you will have to proceed by clicking on Proceed for Online Claim.

Then you will have to choose the option of Form 19 in I want to apply for.

With this, another form will open in front of you.

Then, below this option, you will get the option to submit Form 15G.

Then you can fill out the form and submit it.

Then the amount being withdrawn is more than 50 thousand, and you do not want that 10 per cent TDS or tax to be taken from you on it.

Then you have to fill in the address given on the Aadhaar card.

After this, you have to upload the photo of the cancelled check.

Then tap on Get Aadhaar OTP and verify the OTP, and submit your form.

How can you withdraw the pension amount?

The employee has to first go to Online Services on the dashboard and click on Claims.

Then the employee has to fill in the bank account number and proceed by clicking on Proceed For Online Claim.

After this, in the option I want to apply for, you have to select Only Pension Withdrawal Form 10C.

Like the previous step, you have to accept the terms and conditions by entering your address and, cancelled check.

Then you have to verify the Aadhaar OTP and submit the form.