November 23, 2024

Rules to withdraw and transfer money of PF changes.

Share this news

New Delhi, Jan 22(HS): The Employees Provident Fund Organization (EPFO) has made it easier for employees to withdraw or transfer money from the fund. For this, the EPFO ​​has brought a new feature.

Actually, If the exit date is missing, it leads to a delay in settlement of PF claims including withdrawal and transfer. Now the Provident Fund Organization has started a new facility on the Unified Portal (UAN Portal) to solve this problem. Under this facility, the employee can update the date of exit of the previous company himself.

On the UAN portal, the employee will have to log in by logging on his Universal Account Number (UAN) and password to register the company’s leaving date. But, before you proceed to enter the date of exit, it is important to check whether the exit date is already entered or not. To check, exit date click on ‘Service History’ under ‘View’ on the top panel.