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I want to withdraw pf amount from my current company

Suvo (Student CA Final ) (104 Points)

01 February 2015

hello friends,

I want to withdraw my pf amount from my current company, can anyone please tell me the procedure,,, i am working in this company from last one year and now i want to withdraw the pf from this company due to some personal reasons.

plz tell me the procedure to withdraw the same,form which i need to fillup, and tenure...

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13 Replies

manoj (student) (5205 Points)
Replied 01 February 2015

YOU SHOULD NOT WITHDRAW YOU SHOULD TRANSFER IN THE NEW COMPANY

Suvo (Student CA Final ) (104 Points)
Replied 01 February 2015

I NEED MONEY. SO I WANT TO WITHDRAW..I AM STILL WORKING IN THE SAME COMPANY

manoj (student) (5205 Points)
Replied 01 February 2015

you can withdraw but there will be tax implications on you

Suvo (Student CA Final ) (104 Points)
Replied 01 February 2015

tell me the procedure for withdrawing the amount.. i have not asked whether tax will be charged or not.. i wan to know how to take back the money

manoj (student) (5205 Points)
Replied 01 February 2015

Just contact with your company HR

raj kamal singh (Auditor) (528 Points)
Replied 01 February 2015

There is claim form,which should be submitted to the zone where pf no. relates,after duly signed by company in that form.if co not sign,any nationalize bank may authenticate

@VaibhavJ (Believe!! Live your dreams!) (33511 Points)
Replied 01 February 2015

You can take loan from PF office, check conditions below:

https://www.epfochennai.tn.nic.in/advances_withdrawls.H T M L

Thanks!!
@ VaibhavJ

I T PATEL (proprietor ) (21 Points)
Replied 01 February 2015

Enter comment here

CS Deepak Pratap Singh (Bsc., LLB ,ACS) (135 Points)
Replied 01 February 2015

An employee can withdraw the contribution after resignation from the existing company. After a period of two months if he is not employed any where. He may also withdraw in case of critical illness, purchase of home or marriage.plz fill Form 10 any nd 19 through ur company.

Arif Ali (Apt Co Advisory) (1230 Points)
Replied 02 February 2015

Agree with Mr Deepak

(Guest)

PF Withdrawal During Working Period :

The Provident Fund Members Can Avail Advances / Partial Withdrawals Subject To Certain Conditions Like Marriage For Self And Dependant Sisters, Brothers Etc / Purchasing Of Dwelling House Or Repayment Of Housing Loan / Specified Medical Treatments / Closure Of Establishment Etc.,

You Need To Submit FORM 31 For Claiming Amount. But The PF Authorities Will Sanction Only If You Satisfy The Qualifying Conditions. I Have Attached A Document " Guidelines For PF Withdrawal" That Gives You An Clear Idea Like On What Grounds Can A Employee Withdraw PF During His/Her Working Period.

Hope This Information Is Of Some Use To You.