How to withdraw PF Online & Offline | EPF Withdrawal Process 2022 | Step-by-Step Guide l Live Demo
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- เผยแพร่เมื่อ 4 ส.ค. 2024
- As per the Employee Provident Fund (EPF) rules, the employees must contribute 12% of their basic pay every month to this fund. The employer contributes a matching amount to the employee’s PF account. The amount deposited in EPF accounts earns interest on an annual basis. This deposit can be withdrawn only under certain circumstances. In this video, we will discuss how to withdraw PF online and offline
UAN Portal: unifiedportal-mem.epfindia.go...
Partial Withdrawal: bit.ly/3EzxiAp
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PF Withdrawal - cleartax.in/s/epf-withdrawal-...
ClearTax PF calculator - cleartax.in/s/pf-calculator
Timestamps
00:00 Introduction
00:29 Complete Withdrawal
01:39 Partial Withdrawal
05:39 Online PF Withdrawal process
06:04 Conclusion
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This video is so helpful for me.I contacted so many people to let them withdraw my pf but they couldn't.Right now o can do it by self thru this video.Thanks for your video ❤❤❤
Excellent video. Very systematic, clear approach and very helpful. People can blindly follow the process given in the video. Appreciate
Thank you for your valuable feedback. Stay tuned for more videos.
Team Clear
@@CleartaxIndia Being an NRI, can I withdraw 100% pf? if yes, what is the way?
thank you the video was helpful, in my case i need to withdraw the complete amount but i did not see you uploaded form 19 ? there is only place to upload form15 how to we uploaded form19
How much time does the complete claim take? if i submit the claim today - how many days for claim approval? and thereafter how many days till the withdrawal? (considering both the best case and worst case scenarios).
My question is i have pending pf claim from last 3 companies. Do i need to merge them in one to withdraw or simple raise withdrawal request
@clear please guide
Amazing Video. Thank you so much! Just have one question:
I have completed more than 7 years of service in India and since 1 year I'm out of India. Can I withdraw my full amount without filling form 15G?
good video but sound quality is bad. difficult to follow what is been said unless you hear carefully.
Useful
Thank you for your valuable feedback. Stay tuned for more videos.
Team Clear
Thank You
Thank you for your valuable feedback. Stay tuned for more videos.
Team Clear
I have 3 questions :
Is it important to write PF no as well as UAN no in 15G form. Or UAN no will do ?
After my last job I was unemployed for 1 year from 9/2/23 to 9/2/24. So what should I write in coloum no 17 in 15G form ?
What should we write in coloum no 16 in 15G form ?
Hi, Thank you for the video. I had 2 questions
1. Will the DOJ EPF and DOJ EPS be the same as the date of joining the organization? as it is incorrect on the portal
2. Is the DOE EPF and DOE EPS automatically updated after retirement or should the employee follow up with some other steps for it to be updated?
Here are the answers to your questions:
1. The DOJ EPF will be the same as the DOJ EPS will be the same as joining the organisation or the date of the first EPF contribution in the organisation.
2. It will be automatically updated after retirement.
Team Clear
Question... I'm have updated the bank account number still asks me to update it. And despite multiple times setting the nominee it asks again n again
Jio 5g network issue hain....jio wale khetein hain s23fe 5g set nai hai....iska koi solution bataiye
Thank you for the video. Can you please let us know how to deal with account having multiple member ID under one UAN?
If I choose for withdrawal the first time, only the most recent organization's member ID is being selected.
Please merge the previous member ID into the recent one and then apply for withdrawal. Here is the process to merge multiple member IDs into one account - th-cam.com/video/zGbpGP8qvzY/w-d-xo.html
Team Clear
Very informative video. I have one doubt, I want to withdraw full PF (non taxable) along with Pension (EPF) too as the age is 61 now. So, do I need to fill first form 19 and then 10C ? Can I do it separately online ?
You should first fill out Form 19 and then Form 10C. You can do it separately online.
Team Clear
Sent the Form 15 link mam. I am not understand the link of form 15
Is there any benefit of leaving the amount in the pf account
tnk q
I work in india from 2004 to 2009 with one company, later migrated out to overseas. Now I got the UAN number allotted to me and I can see the balance in my PF account. Can I withdraw full amount ? I recently bought house in India and paying via bank loan.
Hi, Very helpful information!. Thanks. My exit from Job in India was in 2012. I am working mostly outside of India or small startup companies in India without any PF contributions. How do I withdraw complete PF balance (both employee/employer share) online as am getting options separately for Form-19, Form 10C in the dropdown box.
Form 19 is for complete PF withdrawal, including employer and employee contributions. Form 10C is for the withdrawal of your pension amount, i.e. EPS (Employees’ Pension Scheme). You can apply for a pension withdrawal amount when you reach 58 years. However, if you are above 50 years, you can apply Form 10D to receive a monthly pension out of your EPS amount at a discounted rate of 4% every year.
Team Clear
Excellent video. Well explained. PF is non taxable . Except for interest earned after retirement for 3 years. So why do they debit the TDS. Hopefully its only for that amount
Thank you for your valuable feedback. PF contribution exceeding Rs 2.5 lakhs attracts tax. Please refer to this article for a detailed explanation: clr.tax/rDgBU
Team Clear
Awesome Video...Can I use the PF advance option after leaving my job?
Please refer to this page for information on PF withdrawal. cleartax.in/s/epf-withdrawal-online
To see the withdrawal process live demo please watch th-cam.com/video/u0OIiNH2ZhA/w-d-xo.html
Team Clear
Hi, helpful video but one doubt.. if i want to transfer the money into someone else's account so ill update and validate in kyc tab. But later the name on the cheque which have we have to upload photo will be theirs and not mine, will that be a problem?
Yes, the EPF withdrawal cheque should have your name. The amount will be sent to the account seeded with the UAN.
Team Clear
I have multiple member IDs and I can see only the recent one in the claim form, should I need to apply claim form multiple times ?. I even tried merging accounts but it shows merge request is done for one of my previous company to current but I don't see that in exit form and for the other it says they are not registered please let me know how to merge in such cases
You can apply withdrawal claims multiple times for different member IDs. Please contact your employer or HR to know the merge status of your PF accounts.
Team Clear
I require assistance with a full PF withdrawal. I have already submitted the request, but it got rejected. Unfortunately, I couldn't find the reason for the rejection, as the EPFO portal status shows "claim Rejected," and in the passbook portal, it appears under pending claims.
Any lead will be grate help.. thanks
Hello, very helpful video. I wanted to withdraw pension contribution 'Offline', Can I do it from any PF office or does it have to be from the respective office? Please help
It has to be from your respective EPFO office.
Team Clear
Your TDS part is not clear in video. I am 7+ years in service and want to withdraw partial amount for house construction, why would I pay TDS on my this hard earned money?
where is the link for form 15 G
I want to withdraw full PF (non-taxable) along with Pension (EPF) too as I quit my job 2 months back. So, do I need to fill first form 19 and then 10C? Can I do it separately online?
You can apply Form 19 and Form 10C separately online. You can apply for Form 19 first and then Forrm 10C.
Team Clear
i have to completely withdraw my pf that is less than 30k even do i need to upload the form 15? and do i need to apply separately for the pension ? and generally how many days does it take ?
No, Form 15 is not required. It takes around 20-30 days to get the EPF amount. You will have to apply separately for the pension amount. You can apply for pension amount withdrawal only when you have completed the required criteria. Click here to know the pension withdrawal criteria - cleartax.in/s/how-to-withdraw-pension-contribution-in-epf
Team Clear
I want to withdraw amount. I have the Bank cheque which was issued in older branch. Can i still use this cheque
The amount will be credited to that same bank account.
Team Clear
Hi, this was a very informative video, I have one query if I am going to a foreign country for education so I will be unemployed in India so after 1 month will I be eligible for full of withdrawal? Because I won't be coming to India any time soon for a job.
Yes. You can withdraw the entire EPF amount.
Team Clear
Is form 15G required if my length of service has been more than 10 years and my PAN is linked?
No, Form 15G is not required.
Team Clear
For full withdrawal form19 I don’t have to pay tax right? I’ve no payroll from three months.
You will not have to pay tax if you are withdrawing the entire amount after completing 5 years of continuous service. 5 years of continuous service is calculated, including all the years of your services under all your employers. years of opening your PF account. If you withdraw before 5 years of continuous service, you will not have to pay tax if the amount is below Rs.50,000.
Team Clear
Can i withdraw money for CMA registration?...like do I have to first pay for the reg and then apply for claim ?
You need to register for CMA and then apply for a withdrawal claim.
Team Clear
on the date of exit we can select the day we fill the form or the day we quit the job
The date of exit is the date you quit the job.
Team Clear
Excellent Video, I left my job 2 months back and now I am not even contributing for both EPF and EPS, can I withdraw both EPF and EPS amount from UAN portal, after contributing 10+ years
You can withdraw your entire EPF amount, but you can withdraw the EPS amount only when you have completed 55 years.
Team Clear
mam ! can i withdraw full amount both employee sharee and employer share and i have 3 passbook accounts how can i withdraw full money and also while withdrawing i am getting only form 31 , form 9 not getting i am unemployed last 3 months
You must merge all 3 PF accounts into one UAN to withdraw the entire amount. Here is the process to merge PF accounts - news.cleartax.in/how-to-merge-two-or-more-epfo-accounts/784/
You will not get the Form 9 option if your employer has not contributed your PF amount separately to EPF and Employees Pension Scheme (EPS). Your employer has contributed your entire amount to the EPF scheme only.
Team Clear
If we withdraw for House purchase also we need to pay 10% tax ?
The withdrawal amount is tax-exempt only if you have completed 5 years or more of continuous service.
Team Clear
Does the payment have via online NEFT . I have left my Aadhar address and relocated , so will a cheque be sent to Aadhar address ?
Hi, the payment will be made online directly to your bank account.
Team Clear
Can I submit the Form15g if I did not submit at the time of my online application? I forgot to submit it and I want to submit Form15g. I submitted it today only. If I do a resubmission, which one will be valid? Is it possible to update the existing application?
Hello Sir. Kindly share your detailed query with us via email at support@cleartax.in.
Our team is here to help and will get back to you as soon as possible. Thank you!
I am turning 50 this year.
Hello, thank you for the excellent video. I'm looking for information as to which option to select for online claim for NRI, contributed for 17 years and made a partial withdrawal for home loan in 2021. I want to withdraw the complete PF amount now, since I have moved outside India from Feb 2023.
A. Which option to select for 'I want to Apply for'
1. Only PF Withdrawal Form 19
2. Only Pension Withdrawal Form 10 C
B.Should I fill form 15 G - I have paid tax for the entire tenure of 17 years.
You should select ‘Only PF Withdrawal Form 19’. Form 19 is filed for PF complete withdrawal. You should fill out Form 15G to prevent TDS deduction.
Team Clear
Incase there are multiple PF account, and one wants to withdraw amount from all PF accounts under single UAN. Will the online process remain same?
Yes. However, you need to apply separate withdrawal PF forms for each PF account. Instead, you can merge all your PF accounts and apply one withdrawal form to withdraw all the amounts.
Team Clear
I had worked in the US in 2012, and then moved back to India and worked for the same company for another 1.5 years. After that, I quit and haven't been working since then. During my employment in India, I contributed to EPF. Now to withdraw EPF fully, for tax purpose's, will tax have to paid because of withdrawal before completing 5 years of continuous service? Or can my employment in USA for the same company be counted towards these 5 years?
Since you are not working after 2012, your entire EPF withdrawal will be tax-free, as you can withdraw the entire EPF amount after 2 months of unemployment without paying any tax.
Team Clear
Employer's signature is mandatory for final settlement???
No, it is not required.
Team Clear
I have updated date of exit, but currently working with other company. During Pension withdrawal i am not able to see my exit date with previous employee. But current company is visible. How to withdraw pension at this stage , plz do guide
The exit date with your previous employer should be reflected automatically. Please register a compliant regarding this with the EPF here - epfigms.gov.in/Grievance/GrievanceMaster
Team Clear
Hi,
Date of joining last employer is 10.01.2021, date of exit is 15.02.2022. However overall continuous period of service is 5 years 7 months with different employers and All accumulated PF is transferred to last PF account. Hence,Form-19 was filed for PF claim for Only last PF account. Upon filing in form-19, auto populated dates were DOJ 10.01.2021 and DOE 15.02.2022. It is not editable. We received our TDS claim after 10% deduction. Please tell reason and resolution to get balance 10%.
Please write a grievance regarding this and claim of 10% TDS refund here - epfigms.gov.in/Grievance/GrievanceMaster
Team Clear
I havnt withdrawn my pf amount for about 5-6 years..Can i still do it now? And is it true the longer you wait the longer the value?
Yes, you can withdraw your PF amount at any time after retirement. If you are still in employment, you can withdraw your partial PF amount. You can wait till you reach 58 years to withdraw the amount since you will get the interest on your PF amount till you reach 58 years.
Team Clear
@@CleartaxIndia ok thanks for replying that was helpful..So If Im not working, can i still withdraw? What are the documents needed?
I resigned in the year 2020. can I withdraw the full PF amount now offline?
Yes, you can withdraw the entire PF amount if you have not joined any organization. You can withdraw your entire EPF only when you are unemployed for more than 2 months or when you are 58 years old.
Team Clear
how many working day it will be take?
After your employer has approved the withdrawal request, it usually takes 15-30 working days to get the money credited to the bank account.
Team Clear
My claim has been rejected due to non submission of form 15G. My taxable income is higher than 5 lacs. I am not eligible to submit the form 15G. Why has the claim been rejected?
The reason for claim rejection could be different. Form 15G is for the non-deduction of TDS.
Team Clear
Hi Ekhta- The Video is very informative, However I have a question. I am NRI living abroad and I want to withdraw my EPF amount offline how can I do that I cannot do that online because I do not have indian mobile number to receive OTP. Could you please help and advise. Could we connect sometime. Thanks in advance for your help
Hi, you may first update your mobile number with UIDAI and proceed to make the PF withdrawal claim.
Team Clear
@@CleartaxIndia Can I update my international number in UIDAI?
Where do we upload 10c form?
You cannot upload Form 10C. If you have downloaded and filled Form 10C, you need to submit it to the PF office. You can also fill and submit Form 10C online through the EPFO portal.
Team Clear
I don't have the password what is the password
I want to know the process of Withdrawing (Taxable Portion of Employee Contribution) Exceeding 2.5 Lakhs every year,
while Preserving(Non-Taxable Employee Contribution) and (Employer contribution) amount intact in EPF Account.
Please let me know if any process available for such withdrawal.
No, please consult an expert.
Team Clear
Please explain 😢 if I can withdraw my pf amount if I can't update my aadhaar name
Hi! We kindly request that you share your query with us on Email - support@cleartax.in.
Our team will help resolve your query promptly. Thank you!
where can i get 15gh form?
You can get Form 15G from the income tax website - incometaxindia.gov.in/forms/income-tax%20rules/103120000000007845.pdf
Team Clear
My claim has been rejected..the reason for rejection isn't mentioned. I worked from 2022 Feb to 2023 July.
Please visit the PF office to know the reasons for rejection. You can also register a grievance here to know the reason for rejection - epfigms.gov.in/Grievance/GrievanceMaster
Team Clear
Cant sèe form 15g
You can download Form 15G from the Income Tax Website - incometaxindia.gov.in/forms/income-tax%20rules/103120000000007845.pdf
You need to fill out the form and upload it on the EPFO website when you apply for withdrawal by clicking the ‘Upload Form 15G’ option in the withdrawal form.
Team Clear
worse audio, video is good and informative
2:05
invest in a mic, and you have almost 100k subs. audio is not loud and clear.
We're constantly trying to improve and we value your feedback. We'll work towards it.
Team Clear
That stupid website never allows to login.
same for me
Digital india my a** … What a bureaucratic tedious procedure !
This piece is captivating; reminiscent of a book that was also a page-turner. "A Life Unplugged: Reclaiming Reality in a Digital Age" by Various Authors
Mame please contact no my withdrawal problem
Please let us know your query here. We will resolve it as soon as possible.
Team Clear