A host of changes are being brought about in the functioning of EPFO including the change in investment allocation pattern, mandatory filing of withdrawal claim through the online process etc.
Now if you also are among those who thought of withdrawing your EPF amount and the sum exceeds Rs. 10 lakh in value then physical application claim shall not be processed anymore and now on as the department is going digital or paperless, online application has to be made. So, here is listed the process for your ease of completing the process:
Also it is to be noted that claims of over Rs. 5 lakh under the EPS scheme 1995 have to be made applied through online application.
1. Some pre-conditions that need to be fulfilled before making the withdrawal claim online:
Ensure you have an active UAN and linked mobile number. Also do make sure that you are done with the full KYC process with the EPFO process i.e. different ID's including PAN, Aadhaar and other bank details are seeded with the EPF account.
2. Next login the EPFO portal and do your KYC verification:
Using the manage tab complete the verification process for your KYC and after its done you need to select the Claim option under the Online services link.
3. Click on Proceed for online claim:
At this stage, appropriate link has to be selected in respect of your claim which then needs to be followed up by you filling up the form and completing the same through the end verification using the Aadhaar backed OTP which you need to enter.
Track claim status
Tracking of the claim status is also possible through the Track PF claim status online link available under the online services link. The new online procedure frees the subscriber from all previous hassles such as sending the form for approval to the employer or visiting the PF office and instead shall work out to be a fool-proof step.