How to withdraw my PF amount to settle my Personal Loan
My retirement has only 4 months. Before retirement I would like to settle my all-personal loans having @12.2 lacs. But I have only source is PF which is now accumulated more than Rs. 32 lacs. Shall I withdraw atleast 10 lacs from that? Please suggest genuinely. more
Since you have only four months please do not withdraw now in part. Advisable to apply online on the last day with your employer and do necessary things. Plan in advance. I am having difficulty to get my EPS since two years. Burecracy at its peak in epfo office more
You can withdraw 90% of your PF accumulations 1 year before superannuation i.e 58 years of age, online by log in to epfo portal member services with your log in credentials. But before that you have to seed KYC documents such as PAN, Aadhar, bank account in your page. you will get help document in epfo site for " how to withdraw online from your PF account more
Yes, you can transfer the partial PF Savings directly from your PF Account, Visit https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://unifiedportal-mem.epfindia.gov.in/&ved=2ahUKEwiblqrGydSEAxUKzzgGHVa2CQgQFnoECAkQAQ&usg=AOvVaw3QZFY7VI9deyq6JC0CM2qj . On visiting UAN MEMBER PF Web portal page first you have to create login and Password for one or multiple UAN accounts whatever on your name,on successful creation of Login and password ,login into your UAN account you will see all the personal details in your profile update accordingly if any changes or updates requuire also verify all your personal details whether it all matches with your AADHAAR and Bank account also ensure whether it is linked with AADHAAR or not,if not, complete the KYC and Nominee details link-up with UAN MEMBER account with AADHAAR by doing KYC, once all the details perfectly matches, you can claim whatever amount you need whether it may be partial or full you can directly transfer to your bank account without visiting EPF Office. more
In a groundbreaking leap for modern financial freedom, the Employees’ Provident Fund Organisation (EPFO) has announced that, starting 2025, its 7 crore members will finally be able to withdra...
withdraw your money regularly for your marriage, health expenses to parents, children's education etc. Don't keep your money there. Some of the other members are right. The makkari and c...
One of our employees father cant seem to withdraw his EPFO funds. His words to the team today: EPFO is not for your welfare. It's a forced investment into govt. securities. J...
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
By Satvik Singh
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