PF

Life is very short ( education ,job , marriage , and children) based on the stage we need to spend the amount but we need to remember one thing in our old age time our savings will give financial support For that we need to plan now only
We have different types of saving plans

• EPF : Employees provident fund
• PPF: Public provident fund

EPF account withdrawal Procedure

if employes want to to withdraw their EPF accounts
they need to submit form 19, and need compeny sign and attest on the form 19

ex-employers need to sumbit various other documents,
like resignation letter and cancelled cheque Kyc documents.

EPF withdrawal rules

if we dont have job.

if two months have not working since last employment.

When ever emergency in the family we can go to close the pf account

if withdrawal amount in case emergency time before 5 years of period. we can get tax benefits

Marriage time self or kids we can withdraw epf money

Retirement time who have crosed 55 years old they can withdraw

Home Loan Repayment: who have 5 years of service they can withdraw but house shoud register his name.

Midical treatment: in emargency case we can go and withdraw epf amount

Online withdraw facility

We can withdraw online also but for that before we need to register UAN number.

About UAN

EPFO has launched an Universal Account Number (UAN)

• we can withdraw amount through UAN
• we can check the epf balance in online
• no need to close every time when we change company
• we can update our KYC doucements
• Download UAN card
• Check transfer claims
• Add all your previous member ID’s
• You will get monthly SMS update of PF contribution

How to activate UAN

go to http://uanmembers.epfoservices.in/

click to activate UAN and fallow the procedure