For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

PF Withdrawal Claim Being Delayed: This Is What EPFO Asks Of You

In case if you had applied for PF withdrawal claim, the provident fund organization EPFO has asked to apply through the Covid 19 facility as then it is processed automatically in 72 hours time.

And this can be done even in a case if the previous claim remains pending with the organization. In a statement, the EPFO said, "Application for EPF withdrawal claims (Form-31) under 'Outbreak of Pandemic -'Covid-19' are being processed on priority by EPFO".

PF Withdrawal Claim Being Delayed: This Is What EPFO Asks Of You

"Online claims under Covid-19 are processed under auto mode within 72 hours. However, claims which are not fully KYC compliant require manual processing which takes time. We are processing other claims too," EPFO said.

Time taken to process EPF claim under Covid19

After the claim is processed by the EPFO, a cheque is sent to your bank for crediting the amount which is then processed in another 1-3 days before being credited into your account.

And the facility is available to all subscribers of EPF until the pandemic lasts.
Notably, users through the facility can withdraw on a non-refundable basis a sum of upto basic salary and dearness allowance (DA), whichever is lower.

And for making the claim, you just need to produce the scanned image of your bank account to the bank.

GoodReturns.in

Story first published: Thursday, June 4, 2020, 6:12 [IST]
Read more about: epf epfo

Advertisement

Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X