Ads Area

Your PF withdrawal claim may get processed late if you haven't done this

As the number of Coronavirus infection cases in the country soar and the entire country remains in a standstill because of the 21-day nationwide lockdown, some people who have lost their jobs or are facing salary cuts are going through a serious cash crunch. In order to offer some relief to people, The Union Labour and Employment Ministry recently notified amendment to the Employees' Provident Funds (EPF)
Scheme to allow withdrawal of non-refundable advance by the members.

Note that while it is advised to not dip into your retirement savings saved up in EPF, PPF account, a situation like this might force you to dig into your provident fund account. PF account-holders who do not have a mobile number linked to Aadhaar may not be able to withdraw money immediately under this withdrawal scheme introduced by the government.

EPFO informed people through Twitter that application for EPF withdrawal claims (Form-21) under 'Outbreak of Pandemic - COVID-19 are being processed on priority by the organisation. It said, "Previously, if you have applied for any other claim which is not settled so far, you may still file online EPF withdrawal claim under 'Outbreak of Pandemic - COVID-19 for faster relief.

It further informed people that online claims under COVID-19 are processed under auto mode within 72 hours. However, claims which are not fully KYC compliant require manual procession which takes time.

The Employees’ Provident Fund Organisation (EPFO) is accepting only online withdrawal claims. However, a key requirement is an Aadhaar-linked mobile number on which the EPFO sends a one-time password (OTP) for submission of a claim. According to the FAQ segment on the EPFO website, a claim can also be filed through the government’s UMANG mobile application using EPF universal account number (UAN), and an OTP is sent on the mobile number linked to the UAN.

Linking Aadhaar with your EPF account online:

STEP 1: Go to unifiedportal.epfindia.gov.in

STEP 2: Select the ‘UAN Member e-Sewa’ link under the ‘For Employees’ tab. Login with your UAN ID and password.

STEP 3: Under the ‘Manage’ tab, select the ‘KYC’ option. It will direct you to a page where you find tabs to upload a number of documents to link with your EPF account.

STEP 4: Select the tab which states ‘Aadhaar’. Fill in your name and Aadhaar card number correctly and click ‘Save’.

STEP 5: After this, your Aadhaar number will be verified with UIDAI’s database. After the successful approval of the KYC document by the employer and UIDAI, the EPF account gets linked to the Aadhaar card. You can check the status as ‘Verified’ will be written next to your card number.

How you can file withdrawal claim during the coronavirus crisis: 

Step 1: Log in to your UAN account through this link - https://unifiedportal-mem.epfindia.gov.in/memberinterface/. 

Step 2: Go to online services and click on the claim form. 

Step 3: You will be re-directed to a page that has all your details. (It will ask you to validate your bank account by entering the last four digit of your account number.) 

Step 4: Enter the details and proceed. 

Step 5: Click on PF advance form 31.

You will be asked to upload a scanned copy of your bank cheque or passbook. You will then have to validate the request through an Aadhaar OTP. Once OTP authentication is done successfully, the amount will be credited into your account in three working days.
Tags

إرسال تعليق

2 تعليقات
* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad

Below Post Ad

Ads Area