EPF Withdrawal: According to EPFO, it takes around 15-20 days to process the EPF claim and transfer the amount to the applicant’s bank account.
EPF Withdrawal: The Employees’ Provident Fund Organization (EPFO) allows its shareholders to withdraw money from their PF account whenever needed. Shareholders can withdraw money for many important works including buying a house, treatment of illness. Recently, EPF has made many changes. After this, withdrawing money from PF has become very easy. At the same time, instead of 50 thousand rupees, withdrawal of 1 lakh rupees has been allowed from PF as an emergency fund. In such a situation, do you know that you can withdraw money from your PF account even without the approval of the company. Let us know how you can withdraw money from your PF account without the permission of the company.
These documents are required for EPF withdrawal:
To withdraw the EPF amount, you need to provide the following documents:
- Universal Account Number (UAN): Your unique identification number for EPF accounts.
- Bank account information: Details of the bank account where the EPF amount will be transferred.
- Proof of identity and address: Valid documents that confirm your identity and current address (like Aadhaar card, passport or voter ID card).
- Cancelled Cheque: A cancelled cheque containing the IFSC code and account number to facilitate the transfer.
This is the complete process of withdrawing money
It is possible to withdraw EPF amount without the signature of the employer. You can do this by generating a claim online. The money is credited to your account within 15 days of your claim. However, to withdraw money from the PF account without the permission of the company, you will need to have an active Universal Account Number (UAN), updated KYC and your mobile number registered with your UAN. If these conditions are met, you can successfully withdraw your EPF amount without requiring the signature of your employer.
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