If you don’t’ receive your PF amount into your bank account within 3 days of the NEFT message, then that amount will be returned to your PF account within 4-5 days. Now correct your bank details on the UAN portal & reapply for PF (or) submit the PF reauthorization form to your PF office.
Reasons for PF Claim Settled But Not Credited in Bank Account
“There is only one reason for not crediting the PF amount in the bank account is wrong bank account details such as wrong bank acount number or IFSC code.”
Whenever the EPF members updates wrong bank account details like wrong bank account number or IFSC code in UAN member portal then the amount will not credit into the bank account.
So if you are not getting PF amount into your bank account, then first check whether your bank account details are correct or not in the UAN member portal. If they are not correct then you have to follow the below steps to get back your PF claim amount.
What to do if PF amount not credit in the bank account
There are Five different ways which you can try to get back your PF claim amount when it was not credited to your bank account. Use any one of this method as per you convenience…
1. Correct Bank Account Details at UAN Member Portal
If you have claimed your PF amount online in UAN member portal, then correct your bank account details at UAN portal and ask your employer to approve them. The approval process doesn’t take much time, it can be done in a few minutes.
Once your employer approves your bank account details in their employer PF portal then you need to claim your PF amount again at UAN member portal. If you want to know the complete process then read this how to correct already approved bank account details.
2. Submit PF Reauthorization Form
For offline PF claims, if you find that your bank account details are wrong then fill a PF reauthorization form with correct bank account details and submit it to your regional EPF office along with a canceled cheque or bank passbook copy. After submission of PF reauthorization form, your PF amount will credit into your correct bank account within 7-10 days.
3. Raise a Complaint at EPF Grievance Portal
If you still don’t know the proper reason for non-settlement of PF claim then you can contact the EPF grievance portal. You need to raise a grievance at PF portal, once your grievance is registered then you can get a reply from your regional EPF office with a proper reason.
4. Use EPF Social Media Platforms
If your problem was not satisfied by the above options, then the final option is to take your problem to the EPFO through their social media platforms especially EPFO Twitter Account. Nowadays EPFO is very active on Twitter and they are addressing each and every query of EPF members so you can use their Twitter account to address your problem.
Here is the EPFO Twitter Link: https://twitter.com/socialepfo?lang=en
5. Visit your regional EPF office
If your problem is not solved with all the above options, then it is better to visit your regional PF office directly and meet the PF officer. Visiting your regional EPF Office will solve 99% of EPF claim settlement problems. If you don’t know your concerned PF office then ask your employer, they will give you the information about your concerned EPF regional office.
How Many Days It will Take to Receive PF Amount
|For offline claims||20-30 days|
|For online claims||3-20 days|
|After claim settled payment sent via NEFT||2-3 days|
|During bank holidays||After bank holidays.|
FAQs on PF Not Credited in Bank Account
Will Banks Return Non Credited PF Amount into My PF Account
Yes, if your PF amount not received in your bank account then the amount will be reversed back into your PF account with in 7-10 working days. You can check the returned amount in your PF passbook.
Should I Need to Wait for Return of My PF Amount to Reclaim
It is better to wait for at least 7 days from the date of claim settlement, still, if you don’t receive your PF amount in your bank account then you can reclaim your PF either in online or you can also submit a PF reauthorization form, irrespective of whether your PF amount returns back into your PF account or not. (Because it will be done automatically)
Do I Need to Visit Bank If My PF Amount Not Credit
No, there is no need to visit your bank. If you find your bank account details are wrong then correct them in PF portal. Incase if you have any other bank problems like inactive bank account then you can visit your bank to resolve the issue.
How PF amount will be credited
Employee Provident Fund Organization (EPFO) sends EPF claim amount through NEFT ( National Electronic Fund Transfer). NEFT is an electronic money transfer system to transfer money from one bank account to another bank account.
The time taken for PF withdrawal depends on the NEFT timings of your bank. Earlier EPFO used to issue cheques but not the entire payment process is happening via NEFT only.
NEFT timings of some popular banks
|Bank Name||NEFT Timings||NEFT Timings|
|Monday – Friday||Saturday|
|State Bank of India||8 am – 7 pm||8 am – 1 pm|
|ICICI Bank||8 am – 6.30 pm||7 am – 6.30 pm|
|HDFC Bank||8 am – 6 pm||8 am – 6 pm|
|Kotak Mahindra||8 am – 6 pm||8 am – 12 pm|
|Citi Bank||8 am – 5.30 pm||8 am – 5.30 pm|
PF Transfer Claim Settled but Not Credited
If you have submitted PF transfer form 13 either in online or offline then you need to wait for at least 30 days. Once the PF transfer to your new PF account then you can withdraw it. But remember while PF transfer process only PF amount will transfer into your new PF account, pension amount will no transfer, it will be saved as service history.
So if pension amount doesn’t transfer then it is doesn’t mean that your claim is not transferred. To know more details read this why my pension fund not transferred along with PF.
PF Claim Settled But Full PF Amount Not Credited
This is another rare case where EPF members receive PF claim amount but they don’t’ get full PF amount, it happens rarely. So before applying for a PF claim it is better to check your PF passbook, so that you will have an idea about how much PF amount you will receive.
And remember if you have applied for both PF and pension by submitting PF form 19 and 10 C respectively then you will receive both amounts in few hours gap.
Still, if you find you don’t receive your full PF amount then raise a grievance at the PF portal, they will tell you the exact reason for less PF credit.
Can I Submit PF Reauthorization Form for Online PF Claims
Yes, even for online claims also when they do not settle due to incorrect bank a/c details then they can submit PF reauthorization form or they can reapply for the claim, it is your choice.