Saturday, June 15News That Matters

How to Series

[How to ] withdraw PF early during employment (pre-mature withdrawal) ?

How to Series, PF
Money in your PF account should be kept for your retirement purpose. However, do you know that you can withdraw amount from your EPF account during the employment in case of certain emergencies? If you meet certain conditions, EPFO can sanction the pre-mature withdrawal. In this post, I am trying to explain the situations where you can withdraw PF amount early during the employment. Pre-mature PF withdrawal is allowed for specific purposes and if the individual furnish all relevant documents and satisfy the necessary requirements: 1)  Two months without any job An employee can withdraw his/her entire EPF contributions 2 months after leaving a job. However, there is a condition that the employee shouldn't start working elsewhere in that period. If another job is taken up within two months...

[How to] access UAN when mobile number changed

How to Series, PF
If you have forgot your UAN password, you can access your reset your password by using UAN and registered mobile number. https://uanmembers.epfoservices.in/forget_pass_uan.php However, if you loses your mobile number or change your mobile number then it is difficult to access UAN. A. Online Option EPFO has provided new link for UAN helpdesk https://59.180.231.60:9091/UANHD/ https://www.epfindia.gov.in/site_en/ https://www.epfindia.gov.in/site_en/For_Employees.php?id=sm2_index You need to select the problem type as "Forgot password and Mobile number is changed" Ente the details like new Mobile number, UAN, Name,Father name, Date of Birth. After the submission, you will get an OTP for the verification. Give the OTP and submit the form. This will generate an application ID. Keep it with y...

[How to] withdraw PF amount without previous employer’s signature

How to Series, PF
Are you in situation that you want to withdraw your PF Account balance but cannot take previous employer's signature : you left the company without proper notice period & now previous employer not signing your EPF Withdrawal documents you left company long back your previous company is closed or any other reason You can still withdraw your PF amount without signature from your previous employer. 1. Fill the required forms -   Form 19 (for EPF withdrawal) and  Form 10C (for EPS Withdrawal) 2.  Get it attested by any one of the following :     Bank Manager  (preferably PSU and where you have an Account)     By any gazetted officer.     Magistrate / Post / Sub Post Master / Notary 3. Simple indemnity letter on Rs 100 stamp paper 4. Simple affidavit that you are curre...
[How to] check LIC policy details & status online, sms & phone

[How to] check LIC policy details & status online, sms & phone

Featured, How to Series, Insurance
If you have an LIC policy and you can check details / status of your LIC policy via LIC portal (www.licindia.in) , by phone or by SMS. You can check the status of your LIC policy online by policy number, make the premium payment online, print receipt, check premium payment calendar, surrender value details, bonus etc. Policyholders can enroll policies on their own life only. If the policy pertains to a different person viz. spouse, children etc, then he/she is requested to register a separate user-id and enroll the respective policy/ies under that user-id. -------------------------------------------------------------------------------------------------------------------------- A. How to check the LIC Policy Status Online – on LIC Portal (www.licindia.in) You just need to follow simple st...

New EPF Withdrawal forms – withdraw PF without employer signature

How to Series, PF
EPFO recently launched “New EPF Withdrawal Forms”, ( Form 19 UAN, Form 10C UAN and Form 31 UAN) which can be used to withdraw PF amount without employer signature.  Employees will no longer need the approval of their employers to withdraw money from their Employees Provident Fund (EPF) corpus. Conditions to use this new facility to withdraw PF without employer attestation: You must have UAN number activated.  (See - How you can activate UAN) You must link your Aadhaar number with UAN.  You must provide your Bank details with UAN. You KYC have been verified by your employer using digital signatures. If you meet above conditions, then you can withdraw PF without the signature of your employer.  “Employees whose details like Aadhaar number and bank account number have been seeded into...

EPF Mobile App – Check EPF Balance and Activate UAN

How to Series, PF
EPFO has released mobile application (M-EPF) for employees, employers and pensioners. This app can be downloaded either from Google Play store or it can be directly downloaded from Laptop/ PC for manual installation from the link below: https://59.180.231.60:9091/AppDownload/ Once you download the Mobile App, you will get the welcome screen. You can see that there are options for employees, employers as well as pensioner. When you click on the “Employee ” section, you can see two options  Activate UAN Balance / Passbook   1) Balance / Passbook -  You can click on Balance / Passbook, to see the PF balance - You need to enter UAN number and registered 10 digit mobile number. 2) Activate UAN -  You can use this option, if you have PF Universal Account number (UAN). If you donot...

[How to] check PF balance via short SMS code

How to Series, News, PF
EPFO has recently launched SMS services for its members who have Universal Account Number (UAN).  In 2014, EPFO launched the UAN facility where a portable Universal Account Number was allotted to all the members. Once you active your UAN, you can use different services such as PF balabce, PF passbook, monthly SMS of contributions etc. Read my article on How to activate your PF UAN. The newly launched EPFO Short Code SMS Service is available only to those members who have activated their UAN (Universal Account Number). To use this new SMS facility, the member should have the details like Aadhaar, PAN and bank account digitally approved and provided by the employer. How to use this new SMS facility for PF Please note that you can only use this facility, if you have PF UAN.It you dont have...

[How to] check CIBIL Credit Score & Credit Report Online in India

CIBIL, How to Series
CIBIL TransUnion Score (Including Credit Information Report) is your detailed credit history & repayment discipline. Every individual has the right to access his Credit Information Report (CIR). It is through this that a person can check and analyze whether he is in the defaulter list of the concerned bank or not. Before you apply for a Home Loan, Car Loan, Personal Loan or a Credit Card, check your Credit Score. CIBIL Credit Information Bureau (INDIA) Limited (CIBIL) is the central repository of credit information of all borrowers. It contains data of the credit history of all borrowers associated with the member banks / financial institutions. CIR is a factual report which gives an idea on the credit payment history of the borrower which has been compiled from information collected...

[How to] correct or rectify errors in CIBIL report

CIBIL, How to Series
In my earlier post, I explained – How to check your CIBIL report & score online. Once you have downloaded the report, you should check whether the information mentioned is correct and belongs to you. Have you noticed any entry which does not belongs to you ? Are there any errors ? Are you in CIBIL defaulter list because of wrong data? In this article, I will explain How to rectify such errors in your CIBIL report 1) Get a copy of your CIBIL report: Read my post - How to get CIBIL report / score online 2) Identify the discrepancies: Once you get the report, you should go through the report carefully. Check Basic details like Name, DoB, Address, Transactions etc are correct. Errors / Mistakes can fall in any of the 4 categories On your personal information Account details Own...

[How to] pay LIC premium online – with & without Registration

How to Series
Are you still lining up in long queues to make the LIC premium payment ? Are you not using the online feature to make the LIC Premium payment. In this post, I will explain the steps to make the LIC premium payment online. You can pay LIC premium online if you are registered user on LIC Portal or without any registration - (LIC has started this new feature)  A.  For making payment after Registration on LIC Portal Registration on LIC portal is simple. Just follow the 2 steps mentioned in my earlier post -  How to register on LIC Portal  https://www.licindia.in/online_payment.htm Once you logon to LIC portal, you will see the “Pay Premium online” link on right hand side. Click on the ‘Pay Premium Online” link and you will see a list of enrolled policies. Select the policies for w...