[How to] withdraw PF Balance
When can I withdraw my PF Balance ?
As per PF rules, when you switch job, you only have ONE option – “TRANSFER to new Employer PF Account”.
PF withdrawal is only allowed, if you are unemployed for at least 2 months.
However, many employees withdraw money from old PF Account just by declaring that they are out of job for 2 months. They submit the withdrawal form after 2 months of leaving the last employer. As the PF data is not centralised, or no unique PF ID number is in place, it is difficult for them to track whether the employee has joined another company.
[How to] Check PF Balance online
[How to ] apply for PF transfer online
Steps to withdraw PF Balance at time of resignation
To withdraw your PF and Pension after leaving employment, you need to fill and submit two forms - Form 19...