- Advertisement -
HomePersonal FinanceEPFO: Whether you want to withdraw retirement fund or take pension, know...

EPFO: Whether you want to withdraw retirement fund or take pension, know which form will be useful for you

- Advertisement -
- Advertisement -

EPFO: Employed people who contribute to EPFO ​​every month, must know about EPF Form 31 and 19, Form 10C and Form 10D. You need these forms at the time of fund withdrawal. Know when which form is useful.

Employed people who contribute to EPFO ​​every month, must know about EPF Form 31 and 19, Form 10C and Form 10D. These are the forms that every EPFO ​​member needs at some point or the other. All these forms are used for fund withdrawal. However, in the case of fund withdrawal also, all these forms are used for different purposes. Let us tell you when and where which form is useful for you.

When do you need Form 31 and 19?

When you withdraw a part of your PF balance or Advance PF to meet your financial needs during your job, you need PF withdrawal form 31. It is also called EPF Claim Form 31. Withdrawal rules vary according to the need.

When you have to withdraw the entire fund of EPF, you use PF withdrawal form 19. It is also called EPF Claim Form 19. According to the EPFO ​​rules, any person can withdraw the entire amount of his EPF fund after remaining unemployed for two consecutive months or after retirement.

Also Read- Post Office Schemes with High Returns: Get 7.5% to 8.2% interest on these superhit schemes, check details

When is Form 10D used

According to the rules of EPFO, if a person has contributed to the EPF pension account (EPS) by working continuously for 10 years, then he becomes entitled to get pension and this pension is given to him after retirement. In such a situation, to get pension benefits after retirement, he has to fill Form 10D. Apart from this, in any other situation, if a person is entitled to get pension from EPFO, then he will have to fill Form 10D.

Know the need of Form 10C too

If the duration of the employee’s job is not 10 years and he can withdraw the money deposited in EPS together while making full and final settlement of his EPF. In such a situation, he has to fill Form 10C. Apart from this, you can also use this form to get pension scheme certificate. Through this certificate, you can transfer your PF balance from one company to another.

Related Articles:-

Post Office Schemes with High Returns: Get 7.5% to 8.2% interest on these superhit schemes, check details

Post Office MIS: Invest in Post Office Monthly Income Scheme and get an interest rate of Rs 1,11,000 every year, know details

Indian Railways changes ticket booking system, check new rule here

 

Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments