In 1 minute, which documents are required to withdraw money from your PF account
Employees Provident Funds allow salaried employees and their employers to put at least 10% of basic salary in an EPF account every month. The interest rate of this account in government surveillance and its retirement fund guarantee is higher than other retirement schemes.
No TDS is deducted from withdrawing money from EPF, but for that you have to run your account for at least 5 years. After crossing the 5-year deadline, on some special terms you are allowed to withdraw a little bit of your cumulative EPF amount or a little bit of money. If you want to withdraw some or all of your EPF account after retirement, then you will need some documents for which the list is given below.
19 If you are applying to withdraw money from PF after retirement, superannuation, termination.
Form 31 If you are applying to withdraw some money from PF on the basis of your pre-qualified emergency needs
If you are submitting these forms through online medium then you can successfully use the new form of Form 19 UAN or Form 31 UAN to claim. These will not require signature of your employer.
If you submit forms via offline mode you will need some more documents:
Two rayneum stamps
Statement of your bank account
Proof of identity and proof of address
A cancellated check in the account in which you want to withdraw your money
With this list of documents and your Universal Account Number (UAN) in mind, you can apply to withdraw money from PF at any time through online or offline mode without any hassle.
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