How to Withdraw PF Amount Online from Multiple Accounts with Two UANs

Greetings!

As a mandatory savings and retirement fund, the Employee Provident Fund (EPF) is established for eligible employees in India, managed by the Employees Provident Fund Organisation (EPFO). With a fixed interest rate of 8.15% for the financial year 2022-23, this represents a slight increase of 0.05% over the previous year's rate of 8.10% for 2021-22. Employees are required to contribute at least 12% of their basic salary to this fund, and employers match this contribution. These funds accrue annual interest.

You can withdraw the entire accumulated amount from your EPF account upon retirement. Premature withdrawals are also permitted under certain conditions. Here are some circumstances where you can request withdrawals:

Conditions for EPF Withdrawal

Common reasons for making a withdrawal request include:

Medical emergencies Purchasing a house Buys or renovation of a home Education expenses Wedding expenses

How to Make a Withdrawal Request

EPF withdrawal requests can be made both offline and online. We will discuss both methods here:

Offline Method

To withdraw your EPF balance offline, you need to:

Download the Composite Claim Form if your Aadhaar and bank details are linked on the UAN portal. Download the Composite Claim Form non-Aadhaar if your Aadhaar and bank details are not linked.

Fill out the form, ensuring to seek employer attestation for the non-Aadhaar form. Submit it to your respective EPFO office.

Online Method

To apply for EPF withdrawal online, you must:

Ensure your Universal Account Number (UAN) is activated andVerified. Your UAN should be linked to your KYC (Know Your Customer) details, including Aadhaar, PAN, bank details, and IFSC code.

Here are the steps to follow:

Steps for Online EPF Withdrawal

Visit the UAN portal. Login using your UAN and password. Enter the captcha and click the ‘Sign In’ button. Under the Manage tab, click on the ‘KYC’ option to check its status. Once your KYC details are verified, go to the Online Services tab and choose 'Claim Form-31 19 10C 10D' from the drop-down menu. Enter your bank account number and click on ‘Verify’. Sign the certificate of undertaking and proceed. Tap on 'Proceed for Online Claim'. Under the 'I Want To Apply For' section, select the type of withdrawal: Full EPF settlement, EPF part withdrawal, loan/advance, or pension withdrawal. Choose 'PF Advance Form 31' to withdraw your funds. Provide the purpose of the advance, the required amount, and your address. Submit your application and wait for your employer's approval. After approval, you will receive your money in your registered bank account within 15-20 days.

Key Points to Remember

Ensure that all your details are correctly linked with your UAN. This includes Aadhaar, PAN, bank details, and IFSC code. The process is straightforward but requires detailed attention to avoid delays.

Remember that you need to sign the certificate of undertaking before proceeding with the online withdrawal process. This certificate is a formal declaration that the withdrawal is for legitimate purposes.

The EPFO website provides comprehensive guidance on all aspects of EPF, which can be accessed for further assistance.

Concluding Remarks

With the right information and steps, withdrawing your EPF amount online is a straightforward process, even if you have more than one PF account or UAN. Always stay updated with the latest guidelines and regulatory changes to manage your EPF efficiently.

Acknowledgment

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