Quick Answer: How Can I Withdraw My PF From 2 Accounts?

Can I have two active PF accounts?

A member can have two pf accounts with single pan.

Whenever a member switches job a new account number is given to that member.

So, it is natural to have more than one account number with pan.

But UAN will be same for all account numbers and you should also get it activated through your current employer..

Can I use different bank account for PF withdrawal?

Bank account has nothing to do with withdrawing PF. … When you fill the forms 19 and others for withdrawing PF, you have to mention the bank account name, IFSC code etc and also attach a cancelled cheque along with the form, so that the amount can be deposited in your account.

Can I withdraw my PF immediately after resignation?

Under the existing rule, employees who resign from a job before they turn 58 years of age can withdraw the full PF balance (and the EPS amount depending on the years of service), if he/she is unemployed for 60 straight days (two months) or more after leaving a job.

Can I withdraw full PF amount?

Under the existing rule, employees who resign from a job before they turn 58 years of age can withdraw the full PF balance (and the EPS amount depending on the years of service), if he/she is unemployed for 60 straight days (two months) or more after leaving a job.

How can I transfer my PF from one account to another?

1) Log in to the EPFO members’ portal using your UAN and password.2) Go to the ‘Online Services’ tab on the main menu of the home page and select ‘Transfer Request’ to generate an online transfer request.3) Once you click on the ‘Transfer Request’ tab, a page will open, where all your personal details will be shown.More items…•

How long does it take to merge 2 PF accounts?

Once the old PF account number is entered and the declaration is accepted and submitted, the request for merger of that account to the existing PF account will be sent to EPFO. The account merging facility is available on three days after activation of the UAN.

Can we have 2 UAN numbers?

Ideally an Employee who is a EPF member can have only one UAN but can have multiple member-IDs linked to it. Can an Employee have multiple or duplicate UANs? – Answer is POSSIBLE. There are many instances where two UAN numbers have been allotted by EPFO through two different employers/establishments.

How can I withdraw my PF from two companies?

If you have ensured that the amount is transferred then you can file the claim application to the PF office of the second employer. You can send the claim application to your second employer and request him to process the claim.

How can I withdraw my PF from old account?

EPF withdrawal: Transfer your old PF account to save income tax. Here’s how Log into your EPFO account with UAN and password. Go to ‘Online services’ and click ‘One Member – One EPF Account (Transfer request). Verify personal information and PF account for present employment.More items…•

Can I withdraw my PF amount after joining some other company?

If your employer has already created a new UAN for your PF account then you can withdraw the entire EPF balance of your old PF account after two months of switching jobs. You will technically be considered unemployed from the point of view of your old PF and hence you will be permitted to withdraw your money.

How can I merge two EPF accounts?

To merge two existing EPFO accounts, the member must visit the EPFO website and under the “Services” tab, click on “One employee – One EPF account” button. On clicking the link, a form will open for consolidating multiple EPF accounts. The member must enter his mobile number registered on the UAN portal.

What happens if I don’t transfer my PF?

Therefore, if the period of employment in the previous organisation is less than 5 years and you do not transfer the account to the new employer, then the amount received from the previous employer including the interest earned will become taxable on withdrawal.