New EPF Withdrawal Rules For Claims More Than 10 Lakhs & 5 Lakhs

Recently Employee Provident Fund Organization has made changes to the EPF withdrawal rules, till now EPF members can claim PF and pension amounts either in online or offline based on their interest. But as per this new EPF withdrawal rules for claims more than 10 Lakhs & 5 Lakhs, all the EPF claims for the amount more than 10 lakhs and pension claims for the amount more thanĀ  5 lakhs will be settled through online PF claim process only.

So employees who are going to claim more than 10 lakhs rupees of EPF amount and 5 lakhs rupees of pension amount can’t able to claim PF amount in traditional offline methods i.e by submitting EPF claim forms like PF form 19, 10 C and other PF composite claim forms. All those EPF members need to apply for PF withdrawal in online only at UAN member portal.

Summary Of New EPF Withdrawal Rules For Claims More Than 10 Lakhs & 5 Lakhs:

New EPF Withdrawal Rules For Claims More Than 10 Lakhs & 5 Lakhs

  • As we all know every EPF member will contribute 12% of their basic wage to Employee Provident Fund Organization and at the same time employer will also contribute another 12% to the EPF account of the member, but in thisĀ 3.67% will be the PF contribution and 8.33% will be the pension contribution.
  • So Whenever total employee share and employer share of PF contribution exceeds 10 lakhs then that employee is able to claim PF amount only in online, similarly when pension contribution crosses 5 lakhs then they can able to claim their pension amount only in online.

Also Read: How To Correct UAN Name Online

EPF International Workers Complete Guide

How To Claim PF & Pension Amounts Online:

  • To claim your PF and pension amounts online go to UAN Member Portal and login with your UAN number and portal password.
  • Now on the homepage, you can find an option called online services, now click on claim form 19 and 10 C. Now you can find all your details like your name, date of birth and KYC details, once you find everything is correct then click on proceed for the online claim.
  • Now on next page, you need to select form 19 or 10 C, if you want to claim PF amount then select form 19 and if you want to claim pension amount then select form 10 C, if you want to withdraw both the amounts then you have to apply for each separately.

Hope you understood new EPF withdrawal rules for claims more than 10 Lakhs & 5 Lakhs and if you have any doubts then ask them in below comments section.

6 thoughts on “New EPF Withdrawal Rules For Claims More Than 10 Lakhs & 5 Lakhs”

  1. Dear sir,

    I need your strong advise in following matter connceted with efpo.

    One of the contractor who is no more, workmen under him were now working under new contractor now according to your knowledge what will be the best option in terms of legal way whether,

    1) all workmen pf/pension should be withdrawn ?
    2) their pf/pension shall be transferred to new proprietor ??

    1st option is not possible practically, as proprietor is no more then whose signature would be valid for withdrawal??
    if you suggest 2nd option then, they all have existing UAN. then we should go with same UAN or generate new one?

    also we are in confusing that, suppose we go with existing UAN , then they all would be eligible under PMRPY benefits? as they were not registered under PMRPY at that time when they working with previous proprietor??

    kindly provide us guidance , your efforts and help is really appreciated for us.

    Thanking you

    Reply
    • Hi Imran,
      It is better to transfer their PF amount by using existing UAN. If you use same UAN then their previous PF amounts will automatically transfer to the new PF account. Hence they have already contributed to PF it is not possible to register them in PMRPY scheme.

      Reply
  2. can we pf claim withdrawal have an option in online? like 6 months or after 1 year of service can also do or not ?

    Reply

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