Employees Provident Fund Organisation (EPFO) website suggests accountholders to wait for some time to get a new job and transfer their PF money to a new account with the new employer. In case you fail to get a new job, you should apply for withdrawal before the end of the 36-month period from leaving the …
Employees’ Provident Fund Organization (EPFO) has begun the process of depositing interest into Employees’ Provident Fund (EPF) accounts. EPFO has assured subscribers that the full interest will be credited and there will be no loss. EPF subscribers may soon see the interest reflected in their accounts. To check whether the interest has been credited, subscribers …
PF: Find out online if 81000 is coming to your EPF account with EPFO passbook Read More »
The EPS-95 National Agitation Committee has given 15 days notice to the labour ministry for increasing the minimum monthly pension to Rs 7,500 from the existing Rs 1,000 and threatened a nationwide stir if the demand is not met. The Employees Pension Scheme 1995 or EPS-95 is run by the retirement fund body EPFO, which …
As per PIB press release, EPFO has now allowed its members to avail second non-refundable COVID-19 advance. The provision for special withdrawal to meet the financial need of members during pandemic was introduced in March 2020, under Pradhan Mantri Garib Kalyan Yojana (PMGKY). An amendment to this effect was made by the Ministry of Labour …
EPFO members can now avail second non-refundable COVID-19 advance Read More »
Process to withdraw money from PF First of all, visit the website https://unifiedportal-mem.epfindia.gov.in/memberinterface/ After this you have to enter your UAN number, password and captcha code. Then click on the option of Manage. You will also need to check if your PF account has been KYCed or not. After this you have to go to …
If you ever think of withdrawing PF from your EPFO A/c for – Spending for any function Depositing in Savings A/c Making FD with any bank Any other type of savings Then keep in mind the following things : PF gives you 8.65% compounded interest return which an FD/savings deposit cannot give. PF is managed …