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Originally Posted by Dr.Naren
(Post 4044780)
I do not have much knowledge about PF. Every month employer puts some amount in PF account. I was being told that I can withdraw the amount only after resignation. How many days does it take to get the amount after applying for withdrawal? |
The entire 12% of your contribution goes into your EPF account along with 3.67% (out of 12%) from your employer, while the balance 8.33% from your employer's side is diverted to your EPS (Employee's Pension Scheme) |
Originally Posted by paragsachania
(Post 4044794)
Rule book says you need to be unemployed for 2 months before you can apply for complete withdrawal of the funds in your PF account. Now that each of the organization's PF account is linked directly to the UAN, it is easy to track PF credits by the employer (and employee) through a single source. - Source 12% above is nothing but the percentage of your Basic Salary in from the Payslip. The time taken to withdraw the PF is around one month (30 days) compared to at least 3 months it was few years before. |
Originally Posted by paragsachania
(Post 4044794)
12% above is nothing but the percentage of your Basic Salary in from the Payslip. |
Originally Posted by Dr.Naren
(Post 4044895)
This means I can apply for withdrawal 2 months post resignation, provided I am unemployed and it will take at least 30 more days to get the amount. Thanks!! |
Originally Posted by hserus
(Post 4044918)
Ideally get the money transferred to your new employer's PF account. It keeps earning entirely tax free interest for you (EPF is EEE - exempt exempt exempt) Withdraw only when you are unemployed for a prolonged period (or starting up your own business) or retiring. |
Originally Posted by Dr.Naren
(Post 4044923)
I am planning to resign my current job and do post graduation. It will take for ever in medical field :D. PG + Super specialty + additional years preparing for entrance exams. Guess I need to wait at least 3 more months to get the amount!! |
Originally Posted by redbaron91
(Post 4045355)
Is there any website where I can see the status of my application for "Withdrawal" of EPF. I could only find this link related to transfer claim status. http://memberclaims.epfoservices.in |
Originally Posted by redbaron91
(Post 4045355)
Is there any website where I can see the status of my application for "Withdrawal" of EPF. I could only find this link related to transfer claim status. http://memberclaims.epfoservices.in |
Originally Posted by WindRide
(Post 4116101)
Any idea why http://uanmembers.epfoservices.in/ is down for the last few days? Any alternate sites available for similar purposes? |
Originally Posted by WindRide
(Post 4116101)
Any idea why http://uanmembers.epfoservices.in/ is down for the last few days? Any alternate sites available for similar purposes? |
Originally Posted by WindRide
(Post 4116101)
Any idea why http://uanmembers.epfoservices.in/ is down for the last few days? Any alternate sites available for similar purposes? |
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