PF and Pension Rules: 10 years of service not completed? Still, you can withdraw the entire pension amount from EPFO. how-to-withdraw-full-eps-pension-fund-before-10-years-of-service-using-form-10c

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Pension Fund Rules India: For what purpose is Form 10C of EPFO ​​used? What benefits can employees with less than 10 years of service avail through Form 10C? What are the necessary documents required to fill online Form 10C? What is the process to claim Form 10C online on EPFO ​​portal?

Pension Fund Withdrawal: (New Delhi): Are you also worried about the fact that your job has not completed 10 years and your pension money will get stuck? If so, then this news is useful for you. Even if your employment is for less than 10 years, you can easily withdraw the entire amount deposited in your pension account by using ‘Form 10C’ of the Employees Provident Fund Organization (EPFO). What documents are required for this and how to make online claim? Let us know.

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Many employees have the misconception that EPS (Employee Pension Scheme) money cannot be withdrawn without completing minimum service of 10 years. But, according to EPFO ​​rules, even after leaving the job in a short period of time, employees can make full settlement of their pension fund through ‘Form 10C’. By claiming online in just a few minutes, you can get the money directly into your bank account.

What is EPFO’s ‘Form 10C’?

When a company contributes 12% to an employee’s EPF account, 8.33% of it is deposited in the Employee Pension Scheme (EPS). According to the rules, employees who have not completed 10 years of service are not entitled to receive monthly pension. In such a situation, EPFO ​​has provided the facility of ‘Form 10C’. Through this, employees can withdraw their deposited pension fund while changing jobs or can transfer it to the account of the next company by taking ‘Scheme Certificate’. This can also be availed if you remain unemployed for more than 2 months after losing your job or in case of medical emergency.

Who can apply?

  • Those people who left the job or retired before completing 10 years of service.
  • Those employees who have completed 58 years of age.
  • Those who have completed 10 years of service, but their current age is less than 50 years, can also apply through this form.

Keep these documents ready

  • The following documents and information are required while applying online or offline:
  • UAN (Universal Account Number)
  • PAN Card
  • Bank account number and your current address
  • A canceled check in your name for bank verification
  • Birth certificate of children (if necessary) to obtain scheme certificate.
  • Revenue stamp of Rs 1 is required for offline application.
  • If the member has died, his death certificate will be issued.

Easy way to fill online form sitting at home

You can easily apply online by visiting the official e-service portal of EPFO ​​https://unifiedportal-mem.epfindia.gov.in/memberinterface/:

  • First of all log in to the portal with your UAN and password.
  • After this, go to ‘Online Services’ in the menu and select ‘Claim Form-31, 19, 10C & 10D’ there.
  • Verify your bank account number by entering it and then click on ‘Proceed for Online Claim’.
  • From the options that will appear, select ‘Form 10C’ (Only Pension Withdrawal).
  • Finally, enter the OTP received on the mobile number linked to your Aadhar card and submit. Your claim will be filed successfully.

(Disclaimer: The information given in this article is based on general knowledge. Before adopting it or taking any investment/withdrawal decision, it is necessary to consult the concerned EPFO ​​expert or official office.)

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