As the corona infection is increasing all over India, many people are affected. In this case, if you have a sudden need for medical treatment, you can use the money in your PF account instead of taking a high interest loan.
Due to the excellent online services on the PF platform, you can withdraw your PF money online within minutes.
Similarly, PF money is very important when we retire from work so don’t forget that there is a way to repatriate withdrawals through VPF to PF account at the beginning of the new financial year. PF money Generally PF money is also used by people when they do the most important things in their life like medical treatment, marriage, education, house construction or purchase. Corona infection People across India can escape from the debt burden by availing the PF amount for the sudden medical expenses incurred due to the corona virus. Read more to learn about PF online registration.
Will PF release the money?
First 3 important things are required to withdraw PF money from EPFO site – Your active UAN number – UAN number must be linked with Aadhaar number – Bank account receiving withdrawal must be linked with Aadhaar number. If all 3 are correct then you can withdraw PF money in next 5 to 10 minutes
EPFO website Go to EPFO site for employees on investment
Log in After clicking on the Online Services link, enter your UAN number, password and capcha on the page that opens and login. If you forgot your password, create a new password and login again.
Online Services -> Claim After login click on Claim section under Online Services section in menu bar. Enter the bank account number linked with your Aadhaar number after clicking on the claim button.
Bank Account Link After bank account verification, EPFO has to approve the rules and regulations of the system. After this you have to click on the button “Proceed for Online Claim”. PF Advance Pharm-31 On the next page there will be a form to withdraw PF money. Form-31 should be selected to get PF advance amount. After this you have to select your PF account.
Reason for withdrawal After this the reason for withdrawing the PF money should be mentioned first and the reasons will also be in the drop down menu. There are many reasons for this including corona treatment expenses, know your need and mention the reason.
Other Important Details Next you need to upload required amount of money, your address, linked bank account check or passbook scan copy.
Aadhaar OTP After entering all the above data there will be a tick box to accept the terms and after ticking it there will be a button to get Aadhaar OTP. Click on this and enter the OTP sent to your mobile number and submit the claim form.
Cash in hand in a few days In the next few days, the PIP Withdrawal request will be approved and the money will be deposited into your bank account. You can get your PF money in 10 minutes if you have all the documents right.