Employees’ Provident Fund (EPF), a cornerstone of financial planning for employed individuals, serves as a savings cum retirement scheme. Understanding the withdrawal process and checking claim status has become more accessible than ever, thanks to the online facilities provided by the Employees’ Provident Fund Organisation (EPFO).
Understanding EPF Withdrawals:
EPF account holders have the flexibility to withdraw their accumulated funds under certain circumstances. While the complete sum is typically claimed after retirement, partial withdrawals are allowed for emergencies like medical needs, marriage, home purchase, construction, or higher education.
Two Paths to Withdrawal: Physical and Online Applications:
- Physical Application: Traditionally, individuals could submit a physical application for EPF withdrawal.
- Online Application: In the digital era, EPFO has streamlined the process with an online withdrawal facility for added convenience.
How to Withdraw EPF Money and Check Claim Status Online:
Online Application Steps:
- Activate UAN: Ensure your Universal Account Number (UAN) is activated and linked to your KYC details (Aadhaar, PAN, bank details, and IFSC code).
- Log In to UAN Portal: Visit the UAN portal, log in using your UAN and password, and complete the captcha.
- Verify KYC Details: Check the status of your KYC details under the ‘Manage’ tab.
- Online Claim Submission: Navigate to the ‘Online Services’ tab, select ‘Claim (Form-31, 19 10C & 10D),’ and follow the on-screen instructions.
- Bank Verification: Enter your bank account number and click ‘Verify.’
- Claim Selection: Choose the type of claim (full EPF settlement, EPF part withdrawal, or pension withdrawal) and provide necessary details.
- Certificate Submission: Confirm the undertaking and proceed to submit your online claim.
Checking EPF Claim Status:
- Visit EPFO Website: Go to https://www.epfindia.gov.in and log in with your UAN number and password.
- Navigate to Claim Status: Click on “Online Services” and select “Track Claim Status” from the drop-down menu.
- Check Status: The Claim Status page will display your EPF claim status based on the information provided.
Alternative Method using EPFO Passbook:
- Visit EPFO Website: Go to epfindia.gov.in and log in using your UAN number and password.
- Access Passbook: Click on “View” in the top menu, select “Passbook,” and log in again.
- View Claim Status: Select the Member ID, click on “View Claim Status,” and review the relevant information.
In Conclusion:
The digital transformation brought about by EPFO ensures that EPF account holders can seamlessly navigate the withdrawal process and stay informed about the status of their claims. These user-friendly online services mark a significant step towards empowering employees in managing their Provident Fund accounts.
