PF Withdrawal – How To Withdraw PF Amount Online ? : Check Below

PF Withdrawal – How To Withdraw PF Amount Online ? : Check Below :- The Employees’ Provident Fund (EPF) is a savings scheme managed by the Employees’ Provident Fund Organization (EPFO) of India. It is a retirement benefit scheme for employees of establishments that fall under the purview of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Under this scheme, a certain percentage of an employee’s salary (12% of the basic salary plus dearness allowance) is contributed by both the employer and the employee into an EPF account, which earns interest at a government-specified rate. This fund can be withdrawn by the employee upon retirement, or in the event of certain specified contingencies such as illness, disability, or premature retirement.

EPF also includes an Employee Pension Scheme (EPS) and an Employee Deposit Linked Insurance Scheme (EDLI), which provide additional benefits to employees. The EPS provides a pension to employees upon retirement or in the event of their death, while the EDLI provides a lump sum payment to the employee’s nominated beneficiary in the event of their death. EPF is a compulsory scheme for all establishments with 20 or more employees, and voluntary for smaller establishments. It is a highly popular scheme among employees in India, as it provides a secure and reliable means of Saving for Retirement.

When Can You Withdraw EPF ?

An Employee can withdraw their EPF balance under the following circumstances:

1. Retirement: An employee can withdraw their entire EPF balance, including the employer’s share, on Retirement from service after attaining the age of 55.
2. Resignation or Termination: If an employee resigns or is terminated from their job, they can withdraw their entire EPF balance if they have been unemployed for two consecutive months or more. However, if the employee joins another organization that falls under the purview of the EPF scheme, they can transfer their EPF balance to the new employer’s account.
3. Illness: An Employee can withdraw their EPF balance if they are suffering from an illness that is likely to keep them away from work for more than two months. A medical certificate from a registered medical practitioner is required in this case.
4. Disability: In the event of permanent and total disablement, an employee can withdraw their entire EPF balance, including the employer’s share.
5. Death: In the event of the death of an EPF account holder, the nominee or legal heir can claim the balance in the account.
6. Housing: An employee can withdraw a partial amount of their EPF balance for the purpose of purchasing a house, repaying a housing loan, or constructing a house. The employee must have completed five years of service to be eligible for this withdrawal.

It is important to note that Premature withdrawal of EPF Balance before completing five years of continuous service attracts tax implications. Therefore, it is advisable to withdraw the EPF balance only when it is necessary and as per the guidelines set by the EPFO.

Complete Withdrawal :

Complete withdrawal of an employee’s EPF balance is possible under certain circumstances, as mentioned earlier, such as retirement, resignation, termination, illness, disability, or death. If an employee wishes to completely withdraw their EPF balance, they need to follow the process outlined by the Employees’ Provident Fund Organization (EPFO).

The Process for Complete withdrawal of EPF balance is as follows:

1. The employee needs to fill up the Composite Claim Form (CCF) and submit it to the concerned EPFO office. The CCF can be downloaded from the EPFO website or obtained from the EPFO office.
2. The employee needs to provide details such as their name, EPF account number, Aadhaar card number, bank account number, and PAN card number in the form.
3. The form needs to be duly signed by the employee and attested by the employer.
4. The employee needs to submit relevant documents such as a canceled cheque or bank statement for verification of the bank account details.
5. The EPFO will verify the details and process the withdrawal request. The EPF balance, including the employer’s share, will be credited to the employee’s bank account.

It is important to note that premature withdrawal of EPF balance before completing five years of continuous service attracts tax implications. Therefore, it is advisable to withdraw the EPF balance only when it is necessary and as per the guidelines set by the EPFO.

Partial Withdrawal :

Partial withdrawal of EPF balance is allowed under certain circumstances. The EPFO has specified the following situations where an employee can withdraw a portion of their EPF balance:

1. Marriage: An employee can withdraw up to 50% of their EPF balance for their own wedding or the wedding of their siblings, children, or dependent parents. The employee must have completed seven years of service to be eligible for this withdrawal.
2. Education: An employee can withdraw up to 50% of their EPF balance for their own higher education or for the education of their children or dependent siblings. The employee must have completed seven years of service to be eligible for this withdrawal.
3. Medical Treatment: An Employee can withdraw up to six times their monthly salary (basic salary plus dearness allowance) from their EPF balance for medical treatment of themselves, their spouse, children, or dependent parents. A medical certificate from a registered medical practitioner is required in this case.
4. House Construction/Purchase: An employee can withdraw up to 90% of their EPF balance for the purpose of purchasing a house, repaying a housing loan, or constructing a house. The employee must have completed five years of service to be eligible for this withdrawal.
5. Home Loan Repayment: An employee can withdraw up to 90% of their EPF balance for the repayment of an outstanding housing loan. The employee must have completed ten years of service to be eligible for this withdrawal.

To withdraw a partial amount of EPF balance, the employee needs to fill up the Composite Claim Form (CCF) and submit it to the concerned EPFO office along with the necessary documents. The EPFO will verify the details and process the withdrawal request. The withdrawn amount will be credited to the employee’s bank account. It is important to note that the balance in the EPF account should not fall below the required minimum balance after the partial withdrawal.

Sl. No.	Particulars of reasons for withdrawal	Limit for withdrawal	No. of years of service required	Other conditions
1	Medical purposes	Lower of below:       i. Six times the monthly basic salary, or        ii. The total employee’s share plus interest,	No criteria	Medical treatment of self, spouse, children, or parents
2	Marriage	Up to 50% of employee’s share of contribution to EPF	7 years	For the marriage of self, son/daughter, and brother/sister
3	Education	Up to 50% of employee’s share of contribution to EPF	7 years	Either for account holder’s education or child’s education (post matriculation)
4	Purchase of land or purchase/construction of a house	For land – Up to 24 times of monthly basic salary plus dearness allowance.       For house – Up to 36 times of monthly basic salary plus dearness allowance,        The above limits are restricted to the total cost.	5 years	i. The asset, i.e. land or the house, should be in the employee’s name or jointly with the spouse.       ii. It can be withdrawn just once for this purpose during the entire service.       iii. The construction should begin within 6 months and must be completed within 12 months from the last withdrawn instalment.
5	Home loan repayment	Least of below:        i. Up to 36 times of monthly basic salary plus dearness allowance, or       ii. Total corpus consisting of employer and employee’s contribution with interest, or       iii. Total outstanding principal and interest on housing loan	10 years	i. The property should be registered in the name of the employee or spouse or jointly with the spouse.       ii. Withdrawal permitted subject to furnishing of requisite documents as stated by the EPFO relating to the housing loan availed.       iii. The accumulation in the member’s PF account (or together with the spouse), including the interest, has to be more than Rs 20,000.
6	House renovation	Least of the below:       i. Up to 12 times the monthly wages and dearness allowance, or       ii. Employees contribution with interest, or Total cost.	5 years	i. The property should be registered in the name of the employee or spouse or jointly held with the spouse       ii. The facility can be availed twice:       a. After 5 years of the completion of the house,        b. After the 10 years of the completion of the house
7	Partial withdrawal before retirement	Up to 90% of accumulated balance with interest	Once the employee reaches 58 years and withdrawal should be before one year of retirement/superannuation (retirement fund for employees by the company)

How To Withdraw PF Amount

To withdraw your EPF balance, you need to follow the process outlined by the Employees’ Provident Fund Organization (EPFO). The process is as follows:

1. Fill up the Composite Claim Form (CCF) – EPF withdrawal form. The CCF can be downloaded from the EPFO website or obtained from the EPFO office.
2. Provide details such as your name, EPF account number, Aadhaar card number, bank account number, and PAN card number in the form.
3. The form needs to be duly signed by you and attested by the employer.
4. Submit the form to the concerned EPFO office along with the necessary documents, such as a canceled cheque or bank statement for verification of the bank account details.
5. The EPFO will verify the details and process the withdrawal request. The EPF balance, including the employer’s share, will be credited to your bank account.

If you wish to withdraw a partial amount of your EPF balance, you need to fill up the Composite Claim Form (CCF) and submit it to the concerned EPFO office along with the necessary documents. The EPFO will verify the details and process the withdrawal request. The withdrawn amount will be credited to your bank account.

It is important to note that premature withdrawal of EPF balance before completing five years of continuous service attracts tax implications. Therefore, it is advisable to withdraw the EPF balance only when it is necessary and as per the guidelines set by the EPFO.

Steps to Apply For EPF Withdrawal Online on UAN Portal

You can apply for EPF withdrawal online on the UAN portal by following these steps:

1. Visit the official EPFO Portal and log in to the UAN member portal using your UAN and password.

1. Once you are logged in, go to the “Online Services” tab and select “Claim (Form-31, 19 & 10C)” from the drop-down menu.

1. The “Claim Form” page will open. Verify the details such as your name, date of birth, Aadhaar number, and bank account details.
2. Select the type of claim you wish to make. If you want to make a partial withdrawal, select the appropriate reason from the drop-down menu. If you want to make a complete withdrawal, select “PF Full Withdrawal” from the drop-down menu.

1. Enter the amount you wish to withdraw in the “Amount” field. For partial withdrawals, the amount should not exceed the permissible limit.
2. Upload the necessary documents, such as a cancelled cheque or bank statement for verification of the bank account details.

1. Click on the “Get Aadhaar OTP” button to generate a one-time password (OTP) to verify your Aadhaar number.
2. Enter the OTP in the space provided and click on the “Submit” button.

1. Once you submit the claim, you can track its status on the “Track Claim Status” page.
2. The EPFO will verify the details and process the withdrawal request. The EPF balance, including the employer’s share, will be credited to your bank account.

It is important to note that before applying for EPF withdrawal online, you should link your Aadhaar number with your UAN and bank account details with your UAN. Also, ensure that the details entered in the claim form are correct and match the details in the EPFO database.

PF Customer Care Numbers

The Employees’ Provident Fund Organization (EPFO) provides customer care services to address the grievances and queries of EPF members. Here are the customer care numbers of the EPFO:

1. EPFO Toll-Free Helpline: 1800-118-005
2. EPFO Regional Office Helpline: You can find the regional office helpline numbers on the official EPFO website.
3. Unified Portal Helpdesk: 1800-118-005
4. EPF Missed Call Service: 011-22901406
5. WhatsApp Helpline: +91-7302228222
6. Grievance Management System (GMIS): You can file a grievance online on the EPFO website or through the UMANG app.

EPF members can use any of these channels to register their grievances or queries related to their EPF account. The EPFO has a dedicated team to address these grievances and provide prompt resolution. It is advisable to keep your EPF account details handy while contacting the EPFO customer care service for quick resolution of your issue.

Which are the Forms used for EPF Withdrawal ?

The forms used for EPF withdrawal depend on the type of withdrawal. Here are the common forms used for EPF withdrawal:

1. Form 19: This form is used for final settlement of the EPF account when an employee leaves the organization permanently. This form can also be used to withdraw the EPF balance after attaining the age of 55.
2. Form 10C: This form is used to withdraw the amount accumulated under the EPS (Employee Pension Scheme) account. EPS is a scheme that provides a pension to employees who have completed ten years of service.
3. Form 31: This form is used for partial withdrawal of EPF balance before the employee retires. The reasons for partial withdrawal include medical treatment, purchase or construction of a house, marriage of self or family members, education of self or children, etc.
4. Composite Claim Form (CCF): This form is used for partial as well as full withdrawal of EPF balance. The CCF combines Form 19, Form 10C, and Form 31, making the withdrawal process more convenient.

It is important to note that the forms used for EPF withdrawal may vary depending on the rules and regulations set by the Employees’ Provident Fund Organization (EPFO). Therefore, it is advisable to check the EPFO website or contact the EPFO customer care service to know the relevant forms and procedures for EPF withdrawal.

How to Fill the EPF Form 19 ?

EPF Form 19 is used for the final settlement of the EPF account when an employee leaves the organization permanently. Here are the steps to fill EPF Form 19:

1. Download the EPF Form 19 from the official EPFO website.
2. Fill in the personal details such as name, father’s name, date of birth, EPF account number, etc.
3. Fill in the details of the last date of employment, reason for leaving the job, and the date of leaving.
4. Fill in the bank account details, including the account number and IFSC code, where you want the EPF balance to be credited.
5. If you have worked for less than five years, you will have to fill in the details of the previous employer and the reason for the gap in employment, if any.
6. Sign the form and affix a revenue stamp. The revenue stamp should be of the value prescribed by the state government.
7. Submit the form along with the necessary documents, such as a cancelled cheque or bank statement, to the EPF office or the employer.

It is important to note that the EPF Form 19 should be filled accurately and completely to avoid any delays in the EPF withdrawal process. Also, ensure that the bank account details are correct and match the details provided in the form. In case of any discrepancies, the EPFO may reject the form, and you may have to re-submit it with the correct details.

Steps for Filling the EPF Form 19 Online:

To fill the EPF Form 19 online, you need to follow the below-mentioned steps:

1. Log in to the EPFO Unified Portal with your UAN (Universal Account Number) and password.
2. Go to the ‘Online Services‘ tab on the dashboard and select ‘Claim (Form-31, 19 & 10C)’ from the drop-down menu.
3. Verify your KYC details such as Aadhaar, PAN, and bank account number.
4. Select the relevant option for claiming the EPF amount, such as ‘Only PF Withdrawal‘ or ‘Only Pension Withdrawal.’
5. Select the option ‘Yes‘ to the question ‘Are you sure to submit your claim?’
6. Select the mode of payment, i.e., either NEFT or cheque.
7. Enter the bank account number, IFSC code, and the branch details of the bank account where you want to receive the EPF amount.
8. Provide the reason for leaving the organization, date of joining and leaving, and other relevant details.
9. Upload a scanned copy of the cancelled cheque or passbook of the bank account where you want to receive the EPF amount.
10. Submit the online form after verifying all the details.
11. After submitting the form, you will receive an OTP (One Time Password) on your registered mobile number. Enter the OTP to complete the submission process.

It is important to ensure that all the details provided in the EPF Form 19 are accurate and match the details available in the EPFO database. Any discrepancies in the details may lead to the rejection of the claim. Therefore, it is advisable to verify the details before submitting the online form.

Steps for Filling the EPF Form 19 Offline :

To fill the EPF Form 19 offline, you need to follow the below-mentioned steps:

1. Download the EPF Form 19 from the official EPFO website or obtain a physical copy of the form from your employer.
2. Fill in the personal details such as name, father’s name, date of birth, EPF account number, etc.
3. Fill in the details of the last date of employment, reason for leaving the job, and the date of leaving.
4. Fill in the bank account details, including the account number and IFSC code, where you want the EPF balance to be credited.
5. If you have worked for less than five years, you will have to fill in the details of the previous employer and the reason for the gap in employment, if any.
6. Sign the form and affix a revenue stamp. The revenue stamp should be of the value prescribed by the state government.
7. Attach the necessary documents, such as a cancelled cheque or bank statement, along with the form.
8. Submit the form along with the necessary documents to the EPF office or the employer.
9. After submission, you can track the status of your EPF claim online by logging in to the EPFO Unified Portal using your UAN and password.

It is important to ensure that all the details provided in the EPF Form 19 are accurate and complete to avoid any delays in the EPF withdrawal process. Also, ensure that the bank account details are correct and match the details provided in the form. In case of any discrepancies, the EPFO may reject the form, and you may have to re-submit it with the correct details.

How to Download EPF Form 31 ?

To download the EPF Form 31, you can follow the below-mentioned steps:

1. Go to the official website of the EPFO at https://www.epfindia.gov.in/
2. Click on the ‘Download’ option in the main menu.
3. Under the ‘Downloads’ section, click on the ‘Forms’ option.
4. Scroll down and locate the ‘Form 31 – EPF Advance/Withdrawal’ option.
5. Click on the ‘Download‘ button next to the form.
6. The form will be downloaded in PDF format to your device.

Alternatively, you can directly access the EPF Form 31 by clicking on the following link: https://www.epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/Form31.pdf

Once the form is downloaded, you can take a printout of it and fill in the necessary details. You can use this form to apply for an advance or partial withdrawal from your EPF account. Remember to read the instructions mentioned in the form carefully before filling it to ensure that you fill it correctly.

How to Submit EPF Form 31 Online ?

To submit the EPF Form 31 online, you need to follow the below-mentioned steps:

1. Log in to the EPFO Unified Portal with your UAN (Universal Account Number) and password.
2. Go to the ‘Online Services’ tab on the dashboard and select ‘Claim (Form-31, 19 & 10C)’ from the drop-down menu.
3. Verify your KYC details such as Aadhaar, PAN, and bank account number.
4. Select the relevant option for claiming the EPF amount, such as ‘Only PF Withdrawal’ or ‘Only Pension Withdrawal.’
5. Select the option ‘Yes’ to the question ‘Are you sure to submit your claim?’
6. Select the mode of payment, i.e., either NEFT or cheque.
7. Enter the bank account number, IFSC code, and the branch details of the bank account where you want to receive the EPF amount.
8. Fill in the details of the amount of advance or withdrawal you want to take from your EPF account in Form 31.
9. Provide the reason for taking the advance or withdrawal.
10. Upload a scanned copy of the form along with supporting documents, such as a medical certificate or an invoice in case of home loan repayment.
11. Submit the online form after verifying all the details.
12. After submitting the form, you will receive an OTP (One Time Password) on your registered mobile number. Enter the OTP to complete the submission process.

It is important to ensure that all the details provided in the EPF Form 31 are accurate and match the details available in the EPFO database. Any discrepancies in the details may lead to the rejection of the claim. Therefore, it is advisable to verify the details before submitting the online form.

How to Fill the Form 10C Online ?

To fill the Form 10C online, you can follow the below-mentioned steps:

1. Log in to the EPFO Unified Portal with your UAN (Universal Account Number) and password.
2. Go to the ‘Online Services’ tab on the dashboard and select ‘Claim (Form-31, 19 & 10C)’ from the drop-down menu.
3. Verify your KYC details such as Aadhaar, PAN, and bank account number.
4. Select the relevant option for claiming the EPF amount, such as ‘Only PF Withdrawal’ or ‘Only Pension Withdrawal.’
5. Select the option ‘Yes’ to the question ‘Are you sure to submit your claim?’
6. Select the mode of payment, i.e., either NEFT or cheque.
7. Fill in the details of the amount of pension you want to take from your EPF account in Form 10C.
8. Provide the reason for taking the pension and the details of the pensioner.
9. Upload a scanned copy of the form along with supporting documents, such as a cancelled cheque or bank statement.
10. Submit the online form after verifying all the details.
11. After submitting the form, you will receive an OTP (One Time Password) on your registered mobile number. Enter the OTP to complete the submission process.

It is important to ensure that all the details provided in the Form 10C are accurate and match the details available in the EPFO database. Any discrepancies in the details may lead to the rejection of the claim. Therefore, it is advisable to verify the details before submitting the online form.

How to Apply for Home Loan Based on EPF Accumulation ?

You can apply for a home loan based on EPF accumulation by following the below-mentioned steps:

1. Check your Eligibility: To apply for a home loan based on EPF accumulation, you must meet the eligibility criteria set by the lender. The eligibility criteria may vary from one lender to another, but generally, you must have a stable income, a good credit score, and a certain amount of EPF accumulation.
2. Check your EPF balance: Before applying for a home loan, you should check your EPF balance to determine how much you can withdraw from your account. You can check your EPF balance by logging in to the EPFO Unified Portal with your UAN (Universal Account Number) and password.
3. Fill out the loan application form: Once you have checked your eligibility and EPF balance, you can fill out the loan application form of the lender you want to apply to. You will need to provide your personal and employment details, as well as the details of the property you want to purchase.
4. Submit the loan application form: After filling out the loan application form, you can submit it to the lender along with the necessary documents, such as your KYC documents, income proof, EPF account statement, and property documents.
5. Wait for approval: After submitting the loan application form, the lender will verify your details and documents. If your application is approved, the lender will disburse the loan amount to you.
6. Withdraw EPF Amount: Once the loan amount is disbursed, you can withdraw the EPF amount required for making the down payment or for repaying the loan. You will need to fill out the EPF withdrawal form and submit it to the EPFO office. You can also submit the form online on the EPFO Unified Portal.

It is important to note that the amount of EPF accumulation you can withdraw for home loan repayment is subject to certain rules and regulations. Therefore, it is advisable to check the rules and regulations before applying for a home loan based on EPF accumulation.

How to Withdraw Your EPF without UAN ?

It is not possible to withdraw your EPF without a UAN (Universal Account Number) as it is the primary identifier for your EPF account. However, if you have lost or forgotten your UAN, you can retrieve it through the following steps:

1. Visit the EPFO Unified Portal and click on the ‘Know Your UAN‘ option.
2. Enter your personal details, such as your name, date of birth, mobile number, and email address.
3. Enter the captcha code and click on ‘Get Authorization Pin.’
4. You will receive an OTP (One Time Password) on your registered mobile number. Enter the OTP and click on ‘Validate OTP and Get UAN.’
5. Your UAN will be sent to your registered mobile number.

Once you have retrieved your UAN, you can follow the standard procedure for EPF withdrawal through the EPFO Unified Portal. You will need to fill out the withdrawal form and submit it along with the necessary documents, such as your KYC documents and bank details. It is important to note that the EPF withdrawal process may take some time, and you will need to follow up with the EPFO office for the status of your claim.

Frequently Asked Questions :

• What is EPF?

EPF stands for Employees’ Provident Fund, which is a retirement benefit scheme provided to employees in India.

• How is EPF calculated?

EPF contributions are calculated as a percentage of the employee’s basic salary and dearness allowance. The employee contributes 12% of their basic salary and dearness allowance, while the employer contributes 12% of the same.

• What is the UAN?

The UAN, or Universal Account Number, is a unique identification number assigned to an employee’s EPF account. It helps employees access and manage their EPF account online.

• Can I withdraw my EPF balance before retirement?

Yes, you can withdraw your EPF balance before retirement under certain conditions, such as resignation, unemployment, or medical emergencies.

• What is Form 19?

Form 19 is the EPF withdrawal form used to withdraw the employee’s share of EPF balance, including the interest earned on it.

• What is Form 31?

Form 31 is the EPF advance withdrawal form used to withdraw a portion of the EPF balance for specific purposes, such as home loan repayment, medical emergencies, or education.

• How can I check my EPF balance?

You can check your EPF balance by logging in to the EPFO Unified Portal with your UAN and password, or through the UMANG app or the EPFO mobile app.

• Can I transfer my EPF account to a new employer?

Yes, you can transfer your EPF account to a new employer by submitting a transfer request through the EPFO Unified Portal.

• What is the interest rate on EPF contributions?

The EPF interest rate is set by the government and is subject to change every year. The current EPF interest rate is 8.5%.

• What are the tax implications of EPF withdrawals?

EPF withdrawals are subject to tax if the withdrawal is made before completing five years of continuous service. If the withdrawal is made after five years of continuous service, it is tax-free.