Withdraw EPF Money Online Through Aadhaar Card
EPF refers to Employee Provident Fund. It is the method of saving of an employee at the time of his service. This money will be given to the employee at the time of retirement from the organization which is deducted from the salary each month and some amount is added by the employer.
Withdraw EPF Money Via Aadhar Card, From Next Year March
Soon you will be able to withdraw money from Employee Provident Fund (EPF) account through the help of aadhar card via online mode. And Employment Provident Fund Organization (EPFO) is going to add this service (feature) from next year probably by March month.
And you can take advantage of this service if you are working in job. EPFO is going to start many online services along with PF withdraw for their more than four crore subscriber. EPFO’s Central Provident Fund Commissioner VP Joy has said on Friday about this in a conference.
2.5 Crore Subscribers Will Be Connected With Aadhaar Card
In a conference which is organized by PHDCCI and held on social security, Joey said that presently more than 1.5 crore EPFO subscribers are connected to the aadhaar card. Now EPFO has challenge to add another 2.5 crore their subscriber with this facility.
He has said that efforts are being made by the EPFO so that till on 31st March, 2017, online PF withdraw and other online facilities will be activated.
The Central Server Will Be Operational able In Next Two Months
Another senior EPFO official has said that EPFO central data server will be in operation for 120 regional offices in next two months. He has also added that once the central data server will comes in operation, then they can commence (start) testing the facilities like online PF withdraw. Online PF account transfer facility is already being provided by EPFO. People who change their job will get the benefit of this facility.
Also check the documents list needed to withdraw EPF amount.
EPFO Work Became Computerize
In the conference Joey has said that till 2011, most of the EPFO work done by manual way. In such kind of situation, subscriber has to face many issue related to the PF transaction. However, since 2011, with the help of technology, EPFO has started the computerizing the work involved with PF and this exercise has been completed for the other features, including PF withdraw. Joy said that after starting the online PF withdraw through aadhaar card, the subscribed will not face any of transactional issue.
Helpdesk for Inoperative EPF Accounts
EPFO has provided the facility to withdraw the money for inoperative accounts as well. For this Inoperative accounts Helpdesk have been prepared. You can provide your inoperative accounts details by visiting the EPFO office website. By providing your inoperative accounts information in helpdesk you can easily withdraw your money.
Seeding Aadhar Card With EPFO
As you are required aadhar card to withdraw the EPF amount. So for this reason your aadhar card should be seeded to EPF account. These are the steps:
) Visit the official website of EPF.
) Log in to the website with using employee’s user ID and password. Click on the “manage” menu.
) From manage tab select KYC after that activate UAN number through KYC. Select Aadhar from the menu. Enter the details along with your aadhar card number. And submit. You get OTP on your registered mobile number.
) After entering the OTP. Your aadhar card is linked with EPF account. You will get notification message on your mobile number. In this way you are able to link aadhar card with EPF account online.
Requirements for Withdrawal Of EPF
At the time of EPF withdrawal you should have the following documents then only you are able to withdraw your money at that time. Required documents are:
) You must have an activated Universal Account Number (UAN) which is issued by the EPFO at the time of claim of EPF.
) A bank account number that should registered with EPFO account.
) A registered mobile number that use for gets notification as SMS.
) An aadhar card number that should seeded to EPFO account.
) The EPF withdrawal also required PAN number linked to your EPFO account.