Employee Provident Fund (EPF), is a retirement saving scheme which is managed by the Employee Provident Fund Organisation (EPFO) in India. As per the scheme, private companies deducts a fraction of there employees salary every month i.e around 12% of there basic salary and invest the same with EPFO with an equivalent contribution. In other words, employer deducts a part of employees salary and contribute some from his side and invest this total amount with EPFO.
In this whole process employee do not have to do anything but when it comes to EPF withdrawal then employee have to follow some processes laid down by EPFO.
For initiating withdrawal of funds from EPFO, employee have to follow the below procedure:-
- Get the EPF withdrawal form either from the HR department of your company or download the same from the EPFO website.
- Fill the EPF withdrawal form and then you can either submit the same with your current employer for attestation or get the same attested from the authorized officer. In the former case your current employer will attest your form and send the same to EPFO on your behalf and in later case you have to get your form attested yourself and send the same to EPFO.
- After reaching your EPF withdrawal request to EPFO your EPF fund will get credited to your bank account within 1 to 2 months.
But it is not that easy in all our cases, sometimes employee have to approach EPFO directly as his employer do not take his case forward on his behalf. There are various reasons because of which employee have to take his case directly to EPFO for withdrawal of EPF. Some of the cases are :-
- Shut down of one of your company in which you worked in :- One of my friend Anu is working since 5 years in IT sector. In her 5 year carrier she switched two companies but while changing job she did not transferred her EPF. Now she is in need of some money so she though of withdrawing her EPF from the very first company but on enquiring she got to know that the company got shut down last year. Here comes the problem of getting EPF form attestation for withdrawal of EPF through company.
- Conflict With Employer :- If due to some reason your current employer denies to attest your EPF withdrawal form. Like in case of Mr. Rohit who is working with a company from last 3 years submitted his resignation but his employer is neither accepting his resignation nor attesting his EPF withdrawal form.
Likewise there can be some more cases where you as an employee don’t get signatures on your EPF withdrawal form from your employer. So lets have a look “How To Withdraw EPF Without Employer Signatures?” In that case all you have to do is :-
- Download the EPF withdrawal form from the EPFO website.
- Fill the EPF withdrawal form with all your personal and work related details.
- Take the duly filled form to any one of the following for attestation.
- Manager of a bank (PSU preferred)
- By any gazetted officer.
- Magistrate / Post / Sub Post Master / Notary
- Dispatch these documents to the regional EPF office.
This is all you have to do for the withdrawal of EPF fund directly from EPFO. And you will get your money in next 1 or 2 months but in case you don’t get any response from EPFO on your withdrawal request you can file complaint with EPFO online or can File RTI to know the status of your EPF withdrawal
There are number of forms available for the EPF withdrawal. If you need to claim your EPF directly, it is very much required for you to know which form to fill. Lets get the details of all the forms available for EPF withdrawal and the instructions laid down by EPFO to claim funds invested under Provident Fund Pension, withdrawal benefit/scheme certificate, Employee’s Deposit Linked Insurance Benefit etc..
What Are The Different Forms Available For The Withdrawal Of Employee Provident Fund (EPF)?
- EPF Form 13 : Member of EPF scheme can use Form-13 to transfer your Provident Fund or Pension from one account to another.
- EPF Form 10 C : Member of EPF scheme can use Form 10 C to claim EPF withdrawal benefit/scheme certificate under Employees’ Pension Scheme ’95.
- EPF Form 10 D : Member of EPF scheme can use Form 10 D to claim the pension fund invested under EPFO (2 copies :If within state or 3 copies : If outside state).
- EPF Form 19 : Member of EPF can use Form 19, to claim final settlement of your Provident Fund.
- EPF Form 20 : On death, nominee or legal heir of the member can use Form-20 to claim Provident Fund.
- EPF Form 31 : Member of EPF can use Form 31 to claim temporary withdrawal or advance under Employees’ Provident Fund scheme ’52.
- EPF Form 5IF : Nominee or legal heir of the EPF member can use Form 51F to claim assurance benefit under Employees’ Deposit Linked Insurance ’76.
Points To Remember / Instructions For The Withdrawal Of Funds From EPF Scheme?
- Make sure all the columns of the application are filled completely with due care.
- Details of the EPF member entered into the application like Name, Account Number etc. should match with the details provided by the employer at the time of enrolling to Provident Scheme.
- Signature of applicant should be placed on the form.
- Form should either be attested by the employer or from an authorized official. (Manager of a bank, Any gazetted officer, Member of the Central Board of Trustees/ committee/ Regional Committee (Employees Provident Fund Organization), Magistrate/ Post/ Sub Post Master/ President of Village Panchayat/ Notary Public.)
- EPF member can file his/her application for the EPF withdrawal/ final settlement after 2 months from the date of leaving service. (Exceptions are there for members leaving service for superannuation, medical grounds, retrenchment and V.R.S / female getting married etc.)
- Desired mode of payment can be given legibly, if the amount involved is more than Rs. 2000/-. The amount will sent by deposit in payees’ bank a/c. To facilitate this, Bank a/c no., name and address of the bank should be furnished. An advance stamped receipt should also accompany this application.
- Application may be supported by the return Form-10, showing the details of leaving service and details of contribution for the year in Form-3A, if not sent earlier by the employer.
Specific additional requirements:
A) Death cases:
- Nominee or legal heir of the EPF member should use Form-20 / Form-10-D / Form-5IF to claim the funds invested under EPF scheme.
- In case of no nominee declared by the EPF member, family members can file the application with supported documents i.e certificate of family members issued by employer/revenue official/sworn in an affidavit by the family/ member/legal certificate from a court of law.
- Death certificate of the EPF member is mandatory to be attached with the application form.
- Certificate of the employer stating whether the death was while in service of the member or not.
B) Pension cases:
- Joint photograph of member/spouse or the claimant should accompany the application.
- Option for return of capital/commutation should be specified clearly.
- Details of non-contributory period during the service, wages/salary for last 12 months should also accompany, if not already sent.
- Details of the branch of the specified bank may be given legibly.
- Date of birth certificates of children
- In case of death away from service, an undertaking by the claimant to the effect that the member was not working / had not worked in any other covered establishment after exit from the establishment on the basis of which pension is being claimed.