7 Easy Steps to pf transfer online | Epfo Employees Fund Transfer

Epfo Employees Fund Transfer: PF transfer refers to the process of transferring your accumulated provident fund (PF) balance from your previous employer to your new employer's PF account. The transfer of PF is important as it ensures that your accumulated savings in your PF account continue to grow and remain tax-exempt.

This More Information Goto : Chat GPT AI Apps

pf transfer online

To transfer your PF, you need to follow these steps:

Log in to the Universal Account Number (UAN) member portal of the Employee Provident Fund Organization (EPFO) using your UAN and password.
Go to the 'Online Services' section and select the 'One Member - One EPF Account (Transfer Request)' option.
Verify your personal details and PF account details.
Select the previous employer's PF account from which you want to transfer your funds.
Click on 'Get details' to view your PF balance and personal details.
Confirm the details and submit your transfer request.

Once your transfer request is submitted, your previous employer will be asked to verify the details and digitally approve the transfer request. After approval, the PF amount will be transferred to your new employer's PF account within a few days.

Which of Document Required For PF Transfer?

To transfer your PF from your previous employer to your new employer, you will typically need to submit the following documents:

UAN (Universal Account Number) - This is a unique 12-digit number that is assigned to you by the Employee Provident Fund Organization (EPFO) when you first register for a PF account.
Identity Proof - You will need to provide a copy of your identity proof, which could be your Aadhaar Card, PAN Card, Voter ID, Passport, or any other government-issued identity card.
Address Proof - You will also need to provide a copy of your address proof, which could be your Aadhaar Card, Voter ID, Passport, or any other government-issued address proof.
Bank Account Details - You will need to provide your bank account details, including your account number, IFSC code, and the name of your bank.
Previous Employer's PF Account Details - You will need to provide the details of your previous employer's PF account, including the PF account number, establishment code, and the name and address of the employer.
Form 13 - You will need to fill out and submit Form 13 to initiate the transfer of your PF balance from your previous employer's account to your new employer's account.

It's important to note that some employers may require additional documents or forms, so it's best to check with your current and previous employers for their specific requirements.

Who can Transfer PF?

Any individual who has a provident fund (PF) account with their employer is eligible to transfer their PF balance from one account to another. This includes employees who are currently employed, as well as those who have left their previous job and are not currently employed.

The process of transferring PF is known as PF transfer or PF withdrawal and can be done by submitting the relevant forms and documents to the Employee Provident Fund Organization (EPFO) through the employer or directly to the EPFO office.

It is important to note that to transfer PF, the individual must have a Universal Account Number (UAN) which is a unique 12-digit number that is assigned to each PF account holder. The UAN remains the same throughout the individual's career, regardless of the number of employers they may have had.

Additionally, it is advisable to complete the PF transfer process as soon as possible to avoid any loss of interest or discrepancies in the transfer of funds.

How many amount transfer one pf account to another pf account?

There is no limit to the amount of money that can be transferred from one Provident Fund (PF) account to another. You can transfer your entire accumulated balance in your previous employer's PF account to your new employer's PF account, regardless of the amount.

However, it's important to note that there may be tax implications if you withdraw your PF balance before completing five years of continuous service. In such cases, the withdrawn amount may be subject to tax as per the prevailing income tax laws.

Therefore, it is advisable to transfer your PF balance from your previous employer's account to your new employer's account rather than withdrawing the amount, as it ensures that your savings continue to grow and remain tax-exempt.

Which of document require for pf kyc?

To complete the KYC (Know Your Customer) process for your Provident Fund (PF) account, you will typically need to provide the following documents:

Aadhaar Card - Your Aadhaar Card is the most important document required for KYC of your PF account. This document is used to verify your identity and address.
PAN Card - Your PAN (Permanent Account Number) Card is used to verify your tax details and is also required for KYC of your PF account.
Bank Account Details - You will need to provide your bank account details, including your account number, IFSC code, and the name of your bank.
Address Proof - You will also need to provide a copy of your address proof, which could be your Aadhaar Card, Voter ID, Passport, or any other government-issued address proof.
Identity Proof - You will need to provide a copy of your identity proof, which could be your Aadhaar Card, PAN Card, Voter ID, Passport, or any other government-issued identity card.

It's important to note that some employers may require additional documents or forms, so it's best to check with your employer for their specific requirements.

To complete the KYC process, you can log in to the Universal Account Number (UAN) member portal of the Employee Provident Fund Organization (EPFO) using your UAN and password, and update your KYC details by uploading the relevant documents.