Step-By-Step Guide To Transfer PF Balance From One Company To Another

Step-By-Step Guide To Transfer PF Balance From One Company To Another

To move your PF balance from the current organization to the upgraded one, then, at that point, you can do without any problem. As a rule, when individuals change occupations, they neglect to move their PF balance, and subsequent to understanding this later, they become restless, accepting they should promptly visit the EPF office. Presently with the new rules given by the EPFO, you don't have to visit the EPF office for this reason.

To move fortunate asset or PF account on the web, the EPFO has proposed 6 basic strides from its authority Twitter handle. The EPFO said subsequent to following the 6 basic advances, an EPF account holder will actually want to keep putting resources into one's retirement store.

This is the way to move EPF reserve on the web

• First you want to log in at EPFO part entry - unifiedportal-mem.epfindia.gov.in/memberinterface/ - and sign in with UAN and secret phrase;

• Go to 'Online Service' and snap at 'One Member One Account (Transfer Request)';

• Check 'Individual Information and 'PF Account' for present business;

• Click at 'Get Details', PF account subtleties of past work would show up;

• Pick either 'Past Employer' or 'Current Employer' for authenticating the structure; and

•Click on 'Get OTP' to get OTP on your UAN enlisted versatile number. Enter OTP and snap on the 'Submit' button.

• Subsequent to getting the confirmation by the scout you have picked, the EPFO will naturally move your EPF account on the web. Furthermore, this will empower you to proceed with the month-to-month EPF commitment in your current EPF account.

 

Image Credit: NCR News

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