How To Withdraw your PF amount

If you would like to withdraw the PF and pension amount, then you need to submit Form 19 & 10C which is enclosed for your convenience only after 60 days of leaving along with the below said copies of the documents. 
i)  Final settlement, relieving letter

ii) 2 Cancelled cheque /Bank statement copy -

Blank cancelled cheque/Bank statement copy is required for the confirmation of your bank a/c no. and the branch address.

iii)  A Photo ID card - This can your Voter Id / PAN Card / Driving license.

iv)   Signature of a witness in page two of the application. - You can take the signature from any of your family members, colleagues or friends.

c) If you are going abroad and would like to withdraw the Pf amount then submit Form 19 along with the copies of the below said copies of the documents on your last day.

Visa, Passport, Offer Letter/Admission letter/Air ticket along with the other above said copies of the documents.

Address:
Office Address

Points to be noted for your reference while filling Form 10C

For Pt.No.1: Please mention the name same as you have provided at the time of joining Wipro or else it will get rejected. 

        

For the Point 5, the Region/SRO Code in the Employee's pension scheme form is not mandatory and you can leave that blank. Code & A/C No is nothing but Pf no.( PF no is reflecting in your pay slip, hence please refer your pay slip for the same.)

Employees who has served more than 9.6 years in an organisation are compulsory to opt for secheme certificate.

Point 8. Just tick no.

You have opted for Scheme certificate in the 8^th column of the form

 1. If yes: The Scheme Certificate will be sent to your residential address from the PF office Bangalore.

And the following copy of documents required

(a). Age & Address proof of the member

(b). Age proof of the children’s

(c). Copy of relieving letter

2.   If No: You can withdrawal pension amount from the PF office and it will be credited direct to your bank account which you have mentioned in the form 10C.

Point 9. Fill the details of your family members

Point 10. is not applicable for you. Hence please leave that blank.

Point 11. Please fill your Bank A/c details with complete postal address  since your pension amount will directly get credited to your bank a/c after the necessary process on submission of the application to Pf office.

Point 12. is not applicable for you. Hence please leave that blank.

In Page 3. Revenue stamp is not mandatory. Just furnish your signature on that place.

In the below portion ATTESTATION OF EMPLOYER/AUTHORISED OFFICIAL, please fill your date of joining.

Fill all these details and submit the same to us along with the Form 19. On receipt of the same we shall check and process it for further action.

Note that Pf settlement cheque will be sent to residential address as we are not crediting the same to any of the bank a/c. Hence provide your local address to do the needful. With regards Pension, which directly get credited to your Bank a/c after the necessary process from PF office.

Note: You need to send us the hard copy of the duly filled application for processing as the soft copy of it will not be accepted.

Please mention your postal address in form 19c, as your cheque will be dispatched to your residential address after the process is complete.

How To Transfer the PF amount from one employer to another

Procedure to transfer the old PF amount to new PF account 
1. At the time of joining a new organization, the company’s HR will give you forms for opening an PF account. When new PF account is opened and you would receive a new PF Number.
2. Fill up PF withdrawal form (Form 13) with the details of your previous organization, including your previous PF number, previous employer and regional provident fund office details. 3. Sign and hand over the Form ‘13’ in triplicate to your present employer/HR Department.
4. HR will fill in the details of your current organization and attested it by the authorised signatory (of the new employer).
5. HR then submit it to the regional PF office for transfer.
6. The regional PF office then gets in touch with your previous regional PF office to effect the transfer. Ideally, the process should take around 30 days.

In case you wish to withdraw your PF and the past employer is unavailable, the past employer is not available or the firm has closed down or liquidated. In such cases the employee has to submit an identity proof (Official government identity cards such as a PAN card, voters’ identity card, passport, ration card or an Employees’ State Insurance Corporation identity card are acceptable) and a proof of residence(For address proof, a copy of your electricity, water or landline phone bill or a driving licence would suffice). An attestation will be done by the bank manager (the bank account where your PF savings will be credited).

When should I start transferring PF to new employer? 
The transferring process can be initiated after allocation of new PF account number.

How to identify PF No.? 
PF is an alphanumeric number on your PF slip. The first two letters indicate the regional PF office, which is in charge of your account. The next five digits are the employer’s code, followed by the employee’s code. 

Why to transfer PF account? 
1. While you need to wait for two months to withdraw the money, the transfer takes place immediately. 
2. You have to pay tax if you withdraw your Provident Fund before completing five years. If you transfer it, you can earn more in the long run in terms of returns.
3. You stand to receive 24 per cent of the amount standing to your account as pension once you are 50 years old, and full pension at age 58 onwards under the Employees' Pension Scheme.
4. Up to now, there was not any problem in doing this because the older account keep accumulating interest income over the period of time. However according to the new rules, after year 2011, after 3 years of inactivity, your PF account will stop earning any interest income.

What if old PF account is not transferred? 
If you don’t transfer your previous balance, your previous accounts are live and accessible. You can withdraw or transfer the balance to your current PF account. But according to the new rules, after year 2011, after 3 years of inactivity, your EPF account will stop earning any interest income.

Where to get PF forms? 
Provident Fund Transfer Form - 13 Revised - is attached herewith this article or can be down loaded from EPF India website - http://epfindia.nic.in/downloads_forms.htm

Points to remember, while transferring Provident Fund
1. Use the appropriate form for transferring Provident Fund 
2. Ensure that all columns of the application are filled completely. 
3. Information in the application form relating to name, a/c no. should agree with the details available with Employees' Provident Fund Organization; which were furnished by the employer at the time of enrolling to Provident Fund. 
4. Application should be signed by the member/claimant. 
5. It should be attested by the former employer. In case attestation by the former employer is not possible, it should be got attested by any other authorized official specified in application form.
6. Application for final settlement can be sent by a member on completion of 2 months from the date of leaving service, if the reason for leaving service is other than superannuation, medical ground, retrenchment and V.R.S./ Female members getting married etc. 
7. Desired mode of payment can be given legibly, if the amount involved is more than Rs. 2000/-. The amount will sent by deposit in payees' bank a/c. To facilitate this, Bank a/c no., name and address of the bank should be furnished. An advance stamped receipt should also accompany this application. 
8. Application may be supported by the return Form-10, showing the details of leaving service and details of contribution for the year in Form-3A, if not sent earlier by the employer. 

Useful web links
For any grievance 
http://epfigms.gov.in/grievanceRegnF...on=gyHfm7mgQLq
To check your claim status 
http://www.epfochennai.tn.nic.in/tnepf/loginnew.aspx


Source:
http://www.policywala.com/content.php/200-How-to-transfer-EPF-to-new-employer

What Is PF