If you are an employee switching jobs, then it is important for you to transfer your Employee Provident Fund (EPF) account as well from one company to another. To do so, you will have to ask your employer to fill out the EPF Form 13 and submit it to the Employees’ Provident Fund Organisation (EPFO). Read on to know more about the procedure to submit the EPF Form 13 and the list of documents required to be attached with it.
The employee should make a note of the points below when submitting Form 13 for PF transfer:
You can visit the following URL: https://www.epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/Form13.pdf to download the EPF Form 13. You can take a print out of the form and fill it up. Here is how the EPF Form 13 looks:
The following are the details required in the EPF Form 13:
Yes, you will have to sign a copy of Form 13 before submitting it to the employer.
The employee will have to pay tax on withdrawing the PF amount within five years of employment. However, no tax will be charged if the PF amount is transferred instead of withdrawn.
Yes, it is mandatory for the bank account to be linked with UAN for a successful transfer.
The employee is allowed to withdraw the PF amount up to three times in case of emergencies.
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