EPF Claim: For employees who get salary in India, PF is not just the support after retirement, but also the support of their emergency time. If you suddenly need money, then you can also use PF money. But many times it happens that there is a lot of difficulty in withdrawing PF money in times of need. Today we are going to tell you through this news that how you can withdraw PF money on time without any trouble.
Keep KYC updates
According to EPFO, it is quite easy to withdraw PF money. You just fill the correct form and keep the KYC update, the money will be available within 7 to 15 days. But many times this process is not so easy and one has to wait for months to withdraw money. Just because of your small mistake.
Why is there a delay?
According to Para 69 of the EPF scheme 1952, the funds should be found on time when all documents are correct. But in reality many people have to wait for months. The reason behind this can stop the entire process even a slight mistake in Aadhaar, PAN, bank account or employer’s records. According to media reports, the claim process does not increase if there is a disturbance in Aadhaar, bank details or exit date. The most problem is that the employer has an exit date update on the EPFO portal.
Three main forms to remove PF
- Form 19 is used to withdraw PF money.
- Form 10C is used if the service is less than 10 years and pension is to be removed.
- If you have used Form 10D more than 10 years and a monthly pension is needed.
Form 10C
Many people often do not know whether they have to remove the lump or start pension. Many times people fill the form 10C above 60 years, while they should fill 10D.
What to do if PF claim gets stuck
If your PF claim gets stuck, then you have to first complain on the EPFO Grivens portal. Or you can contact the Regional PF Commissioner,
Keep these things in mind before PF claim
You check the status of KYC, e-nomination on the EPFO portal before claiming PF. Confirm the employer that the exit date is updated. Verify the details of Aadhaar, PAN card, bank account. If you do not understand the form, select the Composite Claim Form.