EPF or Employee Provident Fund withdrawal
claims above Rs. 10 lakh don’t have to be filed online.
Retirement fund body EPFO or Employees’ Provident Fund Organisation has recently
revised some of its rules related to provident fund claims.
The EPFO has nearly six crore subscribers and manages a
corpus of about Rs. 10 lakh crore. In a circular dated April 13, EPFO
said offline claims will also be accepted in all cases. EPFO subscribers have
the option of filing online as well as manual claims for provident fund
withdrawals.
EPF Withdrawal – New Rules
“In case the amount of claim settlement is above Rs. 10
lacs for PF claims and Rs. 5 lacs in respect of EPS withdrawal
claims, the claim form must be accepted through online mode only,” the
retirement fund body said in a circular in February. But in the April 13
circular, EPFO said that this rule will be kept in abeyance.
“Considering the grievances raised by members, this
stipulation will be kept in abeyance so that offline claims will also be
accepted in all cases,” EPFO said in the April 13 circular.
EPFO, in the April 13 circular, also said that for
more security, “claims received online from claimants will be sent online to
employers for further verification, only after which the claim will be
settled”.
The employer, according to the EPFO, has to return the
claim, which has been filed online, within three days to the EPFO office,
either accepting or rejecting the claim.
Filing EPF Withdrawal Claims Online
Filing EPF Withdrawal Claims Online
EFPO members with authenticated Aadhaar and bank details
seeded against their UAN (Universal Account Number) can
submit their claims
online. A UAN acts as an umbrella for the multiple member IDs allotted to an
individual by different establishments.
1) For submitting a withdrawal claim online, subscribers
have to first log into EPFO’s member interface using UAN credentials.
2) Select the relevant claim by clicking on the ‘Online
Services’ tab.
(For final settlement of a provident fund deposit, the
subscriber is required to select Form 19. He or she can select Form 31 for part
withdrawal and Form 10-C for pension withdrawal benefits)
3) EPFO subscribers can track their claim requests online as
well. For this, they can click on the Online Services tab and then ‘Track Claim
Status’.
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