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  • EPF Online Transfer Claim

    We live in a world where everything is available to us at the touch of a button, a world where the internet has revolutionised the way we live. There is no doubt that the internet has changed the way the world functions, offering a new degree of ease and convenience to us, simplifying the way we work. Keeping up with times has meant that government initiatives are also available to us online, eliminating middlemen and fast-tracking the process. The Employees’ Provident Scheme has also migrated to an online platform, offering features like online EPF transfer to employees across the country.

    Steps involved online EPF Transfer

    There is a possibility that an employee might find better job offers and shift companies in his/her pursuit for growth. While changing jobs is easy, transferring your EPF can be a hard task, involving time and effort on your part. To minimise the effort involved, the government has introduced online EPF transfer, ensuring your time is used for the important things in life. Individuals who wish to transfer their EPF need to follow these basic steps.

    1. Log onto the official website of the Employees Provident Fund Organisation. One then needs to choose the section titled “Online transfer claim portal”
    2. Check eligibility – are you eligible to apply online? In certain cases a physical copy of Form 13 should be submitted to the previous or current employer
    3. Log in with the necessary details. For this a member ID is required and an employer should be registered on the portal
    4. One needs to choose the “request for transfer of funds” tab under the claims section
    5. Fill Form 13 with details including PF number from both previous and current organisation. Details will appear on the screen on pressing the “click here to get details” tab
    6. Verify details like date of joining/leaving work, father/spouse’s name to ensure that amount will be transferred to the right account
    7. Choose between getting the claim attested by the current or previous employer
    8. Choose the tab which says “Get Pin” and agree to the terms in the declaration
    9. A PIN will be sent to the registered mobile number and the application will be submitted
    10. A tracking ID will be generated. This can be used to keep a track of the process
    11. One needs to take the printout of the form and sign it. This form needs to be submitted to the employer within 15 days of obtaining it
    12. Contact details of authorised signatories will be shown. These details should be taken down for future reference
    13. The previous and present employer will verify the details mentioned in the form
    14. Approval of both the employers is needed before funds are credited to the account number
    15. Employer is expected to verify authenticity and signature of employee

    Things to remember

    There are a few basic points which an employee should remember before initiating an online EPF transfer.

    • Both the present and previous PF account number of an employee should be entered in the EPFO database for an employee to be eligible for online fund transfer
    • The digital signature of authorised signatories should be registered with the EPFO. It is the duty of the employer to ensure this registration is done
    • An employee should know the PF number and the branch office where his/her employer maintains an EPFO fund

    News About EPF Online Transfer Claim

    • EPF account to be transferred automatically

      A sigh of relief for all EPF subscribers, now they can get their accounts automatically shifted when they change jobs unlike before. According to the the EPFO, they made transferring one’s provident fund from one employer to the other smooth and seamless. Now, the funds will be automatically transferred when an employee changes jobs. All he needs to do is fill up a newly-introduced Form-11. All the new joinee has to do is provide the required information to the new employer in Form-11, which it will send to the EPFO. This will automatically trigger the process of transferring funds from the old company to the new one. The process involves the two companies and EPFO.

      3 October 2017

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