EPF Money Claim: Employees Provident Fund (Employees provident Fund) is a very important financial product, which supports you a lot in your old age. But often after changing jobs, people face many problems regarding PF money. Like how to transfer the money stuck in the PF account of the previous company to the PF account of the new company?
Even more complicated is the situation when money is stuck in the PF account of the previous company and that company closes down. In such a situation, how you can get back your PF stuck money, know the method further.
what comes hard
Assistant Provident Fund Commissioner
- After clearing from the bank, the Assistant Provident Fund Commissioner or other officer will approve the withdrawal or account transfer from the accounts according to the money.
- If the amount is more than 50 thousand rupees, then the money will be withdrawn or transferred after the approval of the Assistant Provident Fund Commissioner.
- If the amount is more than 25 thousand rupees and less than 50 thousand rupees then the account officer will approve the fund transfer or withdrawal
- If the amount is less than Rs 25,000, then the dealing assistant can approve it.
What will be the necessary documents