The EPFO issues a UAN number to each PF subscriber. It is different for every employee. It is 12 digits. Under the new rules, now you can withdraw money from a PF account even without UAN.
Provident fund
Money deposited in the Provident Fund account of EPFO is very useful in difficult times. Good interest is also received on this. Therefore, good fund is collected till the time of retirement. By the way, to withdraw money from PF, it is necessary to get the UAN number, but if you do not have this number due to any reason, you can withdraw money despite this.
The Employees Provident Fund Organization (EPFO) has made necessary changes in its system to reduce the problems of the people, especially those who have surrounded the former company and do not know their UAN number. Under this, the Provident Fund Account Holder (PF Account Holder) can also check the balance of his PF account without a Universal Account Number (UAN) and withdraw money. For this, you have to follow some steps.
What happens UAN
UAN means Universal Account Number. It is a unique 12-digit number which is allocated to EPFO subscribers on a permanent basis. This number never changes for EPFO subscribers. Each user has his own UAN. Under the change in the rules made by the EPFO, now the subscribers can check the balance of their PF account even without the UN.
How to check balance
To check the balance of PF account, visit the official website of the Employees Provident Fund Organization www.epfindia.gov.in. Log in here with your ID. After this, click on the link of Click to to know your EPF Balance given on the click on the home page. After doing this, the system will redirect you to epfoservices.in/epfo/, where you will have to click on the Member Balance Information tab. Select your state here and click on your EPFO office link. Now you have to fill your PF account number, name and registered mobile number. Then click on submit button. After doing this, PF balance will be seen on the screen.
How to withdraw money
It is no longer necessary to withdraw the UAN number for withdrawing the Provident Fund. To withdraw money, EPFO subscribers will have to fill a PF withdrawal form and submit it to the local PF office. Members will have to download the online Aadhaar based claim form or non-Aadhaar claim form for this. You can withdraw money by filling it and depositing it. However, you can withdraw the entire money only if you have retired or have been unemployed for at least 2 months. If you have not been working for 1 month, then you can withdraw the amount of 75% of the total PF amount.
Also read: These IT companies will give big relief to people among Corona, more than 1 lakh recruitments are going to be made
If you want to withdraw money from Mutual Fund, then know how much tax will be levied, so understand the whole math