How to apply for transfer of PF funds online
The new facility, which can be accessed through the EPFO website
(epfindia.gov.in), promises to streamline the process of transferring
EPF money as well as help avoid unnecessary delays.
One paperwork that usually worries those switching jobs is transfer of their Employee Provident Fund (EPF) money. It won't be a problem anymore, at least for a lot of us. The Employees' Provident Fund Organisation (EPFO) launched a transfer claim portal on October 2 that will allow you to file for EPF transfers online.
The new facility, which can be accessed through the EPFO website (epfindia.gov.in), promises to streamline the process of transferring EPF money as well as help avoid unnecessary delays. EPF subscribers had been finding the old method of filing paper applications cumbersome, inefficient and timeconsuming.
The website also has a 'View status of Transfer Claim' that lets you track the progress of transfer applications made online or using the paper route.
As a pre-requisite to using the service, at least one of your employers (current and previous) will need to have their digital signatures registered with the EPFO. Also, both your previous and present provident fund account number should be available in the EPFO database.
The EPFO website lets you check this online by filling in simple details about your present and previous accounts. As the online platform is new, the facility is currently available only for employers and EPFO regional offices that have fulfilled the requirements of digital signatures. In case either of your employers have not registered their digital signatures or are not part of the EPF Scheme, you'll have to use the traditional offline route.
You have an option to get the claim attested through your previous employer or present employer. In case both the employers are registered, going through your previous employer would quicken the transfer process. Once you file your EPF transfer application online, you need to give a signed copy of the claim submitted online to the employer opted for attestation.
The new facility, which can be accessed through the EPFO website (epfindia.gov.in), promises to streamline the process of transferring EPF money as well as help avoid unnecessary delays. EPF subscribers had been finding the old method of filing paper applications cumbersome, inefficient and timeconsuming.
The website also has a 'View status of Transfer Claim' that lets you track the progress of transfer applications made online or using the paper route.
As a pre-requisite to using the service, at least one of your employers (current and previous) will need to have their digital signatures registered with the EPFO. Also, both your previous and present provident fund account number should be available in the EPFO database.
The EPFO website lets you check this online by filling in simple details about your present and previous accounts. As the online platform is new, the facility is currently available only for employers and EPFO regional offices that have fulfilled the requirements of digital signatures. In case either of your employers have not registered their digital signatures or are not part of the EPF Scheme, you'll have to use the traditional offline route.
You have an option to get the claim attested through your previous employer or present employer. In case both the employers are registered, going through your previous employer would quicken the transfer process. Once you file your EPF transfer application online, you need to give a signed copy of the claim submitted online to the employer opted for attestation.
