- Advertisement -
Home Personal Finance EPF Claim: Change in PF claim rules! EPFO will tell all the...

EPF Claim: Change in PF claim rules! EPFO will tell all the shortcomings at once if the claim is rejected

0
EPF Account Correction: How to correct Name and DOB in EPF account, know here

Provident Fund Online Claim: The Central Government has directed the EPFO ​​that while rejecting the PF claim, all the shortcomings should be told to the applicant at one go, so that the claim does not have to be filled again and again, so that the claim does not have to be filled again and again and the applicant can be saved from the problem.


New Delhi: If you are thinking of withdrawing the amount in your PF, then there is going to be a lot of relief. Actually, now the danger of repeated claim rejection has been eliminated. The Central Government has directed the EPFO ​​that while rejecting the PF claim, all the shortcomings should be told to the applicant at one go, so that the claim does not have to be filled again and again and the applicant can be saved from the problem.

EPFO members get a fixed amount deposited every month in the Employees Pension Fund (EPF) account. If needed, it can be removed at any time by following the rules. But, the applicants had complained to the Ministry of Communications that their applications were being rejected again and again. On this, the Ministry has issued a guideline saying that the claims of EPFO ​​shareholders should not be rejected more than once and the claims should not be delayed beyond the stipulated time. Cases of delay in payment and harassment are coming to the fore.

The ministry said that in many cases it has been observed that PF claims were rejected for one particular reason and when it was resubmitted after correction, it was again rejected citing another reason. Showing strictness, the ministry has said that all the responsible officers associated with EPFO ​​should ensure that no claim is rejected.

Ministry of Communications instructions

  • Every claim is thoroughly investigated the first time
  • All responsible officers should ensure that no claim is rejected.
  • All the reasons for rejecting any claim should be clarified in the first instance itself.
  • Instructions to stop irregular practices in regional offices immediately.
  • Inordinate delay in providing proper benefit related services has to be stopped by the authorities.
  • Rejecting claims with the demand of unnecessary documents from the applicants should be stopped.

Conditions for withdrawing money deposited in PF account

According to EPFO ​​rules, the amount deposited in PF account can be partially withdrawn. The amount deposited in PF can be withdrawn when the employee retires or remains unemployed for more than 2 consecutive months. At the same time, some part of the PF amount can also be withdrawn in circumstances like medical emergency, marriage, home loan payment. Private sector shareholders get the facility of partial withdrawal.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version