Tuesday, February 12, 2013

PF withdrawal process


Last week I submitted forms for withdrawal of PF from my last company. It had to go back in loops two times in the absence of proper information on the process. So now that I have gained information on the PF withdrawal process, I am putting it in detail here for everyone of you who might need it.
Documents required to submit to your last employer
  1. Form 19 (for EPF withdrawal)
  2. Form 10c (for EPS withdrawal)
  3. A blank cancelled cheque (this is required to verify accuracy of MICR Code Number). The cheque should be of you as a single account holder and not a joint account cheque.
Instructions on how to fill Form 19 :

Form 19 Page 1 
Form 19 Page 2 
Instructions on how to fill Form 10c :
Form 10c Page 1 
Form 10c Page 2 

On page 3, you will have to affix a Revenue stamp and sign across it. Thats it. You need not fill any other details.
Revenue Stamp availability in Bangalore
Post offices do not keep revenue stamps. I was able to get it from Koramangala BDA Complex for 5/- Rs. per 1 Re. stamp.
In Bangalore, affixing a revenue stamp is not required so companies in Bangalore accept the PF forms without it.

Know your claim status
Once your application is forwarded to the epf office by your employer, you can check your claim status on epfo website. You will also receive a sms from epfo stating that your application is received and is under process.

With all this information at your hand, I hope you would enjoy the process of submitting PF forms :)
Update: My PF money is transferred to my account electronically within a month of filing the claims.





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14 comments:

  1. Sanjay AOctober 23, 2013 at 11:01 AM

    Thanks. It was really good of you to post your experience. I too was looking out for revenue stamps but did not find it anywhere. Have not yet checked BDA complex tough. Will get one from there.

    ReplyDelete
  2. jai vinayakFebruary 10, 2014 at 12:43 PM

    Hello Arijit,

    I have everything (documents) except revenue stamp and blank cancelled cheque ( delayedby bank).Pl do let know if there are alternatives to these two

    I can give my bank's swift codes for e.g.


    regards

    ReplyDelete
    Replies
    1. ArijitJanuary 3, 2015 at 6:03 PM

      Online transfer through organisation can be done

      Delete
    2. ArijitNovember 17, 2015 at 1:01 PM

      If you at Bangalore its not required...else You check the post office of your location to get the stamp

      Delete
  3. AnonymousFebruary 21, 2014 at 1:24 PM

    Thanks for the Info

    ReplyDelete
  4. Vyshak PalanisamyFebruary 16, 2015 at 2:33 PM

    Hi

    I am currently working in Bangalore, but my previous company was located in Hyderabad (Tech Mahindra). Do I need to attach the revenue stamps in this case ? And also tell me after all the documents are ready should i sent it to the previous employer ?

    ReplyDelete
  5. UnknownMarch 31, 2015 at 7:46 PM

    Hi Arijit,

    Where to get 1 rupee revenue stamp ?
    I have to send all these documents to Maharashtra where IGATE people has asked me to send.

    ReplyDelete
  6. UnknownMarch 31, 2015 at 7:47 PM

    Hi Arijit,

    Where to get 1 rupee revenue stamp ?
    I have to send all these documents to Maharashtra where IGATE people has asked me to send.

    ReplyDelete
    Replies
    1. ArijitNovember 17, 2015 at 1:00 PM

      Hi
      You need to visit any post office at Maharashtra
      You can opt for online ...its hassle free and easy

      Delete
  7. UnknownAugust 7, 2015 at 3:01 PM

    Hi there,

    As on date is it Ok to submit forms without 1re revenue stamp? I supose during the writing of blog 1 re revenue stamps were banned. Please advise at the earliest.

    ReplyDelete
    Replies
    1. ArijitNovember 17, 2015 at 12:59 PM

      If you are Bangalore its not required.
      For other states we can visit any post office and check if revenue stamps are available
      Further online process is hassle free

      Delete
  8. AxnNovember 24, 2015 at 2:33 PM

    What if the company's head office and regional PF office is in Hyderabad and i need to send it there from Bangalore?

    ReplyDelete
    Replies
    1. ArijitDecember 7, 2015 at 12:37 PM

      There are 3 ways you can approach:
      1> Online transfer if any of the organisation has digital signature.
      2>Fill the PF form , get the signature from organisation at Bangalore office
      send it across to the organisation at Hyderabad office and request them to submit.
      3>Fill the PF form,send it across to organisation at Hyderabad office for signature. Ask them to send it back to you.Submit the PF form to the organisation at Bangalore office and request them to submit.

      Delete

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