EPF Balance Inquiry | PF Balance Check With UAN Passbook

As we know that EPF is best to plan to save money for Retirement Life. It will help to make future secure and safe. earlier we have seen that how to activate UAN card and get UAN Passbook. Many readers have doubt that Ho to do EPF Balance Inquiry, So in this post we are going to discuss How to check PF Balance using Passbook and other different methods. But before that, You must know these facts about PF Balance.

Facts about PF Balance

  •  After the retirement, you will get you PF Money along with the interest. You may also withdraw EPF balance after leaving the job, but you must be unemployed for 2 months to claim the amount. In some emergency Condition and for the Valid reason you can withdraw your PF Balance.
  • The EPF scheme is introduced by Employee Provident Fund of India (EPFO) and is retirement saving scheme for private sector employees. It is compulsory to the employees to open one EPF account who earn less than ₹15000/month.
  • The employee and employer both contribute an equal amount to the money every month to Employees EPF Account in which 12% of the salary (basic salary + plus DA) will be added to their EPF account.
  •  

    Out of Employer’s Contribution, 8.33%  goes towards the Employee Pension Scheme (EPS). The rest amount is deposited into the EPF account. Because of the pension scheme, you get a pension after the retirement.

  • When you switch the job, you get a new EPF account. However, the EPF balance of previous EPF account gets transferred to your new EPF account and UAN Number.

There are a number of ways to do EPF Balance Enquiry via Online and Offline mode, using UAN number and without using UAN Number. Let’s take a look in detail.

 Check PF Balance by UAN Number

This is Online method to check EPF Balance using Universal Account Number. When You register for the UAN number you will get your 12 digit UAN account number and Unique for each and every Employee and remain the same lifetime.

You check your UAN Number based by following this easy steps:

PF Balance enquiry

This facility is to view the Member Passbook for the members registered on the Unified Member Portal.

Passbook will be available after 6 Hours of registration at Unified Member Portal.

Changes in the credentials at Unified Member Portal will be effective at this Portal after after 6 Hours.

Passbook will have the entries which has been reconciled at the EPFO field offices.

Passbook facility not be available for the Exempted Establishments Members / Settled Members / InOperative Members.

  • Now Login with your UAN credentials (UAN Number and Password)
  • Now on the Download Section select the option of EPF Passbook, Click on that option and download your Passbook. You can refer to this Post to know about PF Passbook.

PF Enquiry using Missed Call

This is the easy and fast way to check the PF account balance offline. In this method, you only need to Dial EPF helpline number and it’s Toll-Free. After missed call Within few minutes, you will receive an SMS containing the information about your Latest PF Balance and UAN number. You need to Missed call on the following number:

011 2290 1406 

This SMS will give you the following information.

  • Your Date Of Birth
  • Your UAN
  • Last Contribution
  • PF balance

PF Balance Enquiry by EPF Mobile APP

Recently The EPFO  has launched the Official EPFO Mobile App. EPF App has many features like Activate UAN Number, Register for UAN, PF Balance check, Download PF Passbook etc. The employer and pensioners can also use the same app.The employer can check the transaction status of PF contribution. While pensioners can check their EPF pension status.

EPF Balance Enquiry Through SMS

Instead of a Missed call, you can also check the PF account balance by sending an SMS. It’s easy and fast like Missed call service method. In this way, you can also select the Language.

To know the EPF balance through SMS, you have to send an SMS. The SMS is sent in the given format to the specified number.

Format of SMS –  EPFOHO UAN ENG

SENT SMS TO – 7738 299 899

So, by this way, you can do EPF Balance Enquiry. We highly suggest you that kindly check your UAN Passbook frequently to check whether your employer is contributing to your EPF account or not. Because earlier we have received many complaints regarding PF Fraud by Employer.

Provident Fund Withdrawal Process Using Aadhar Card – PF Withdrawal Process

You can withdrawal Your PF Amount in 2 ways. First is Via Your Employer and Second is Online by Yourself. Recently EPFO had been taking steps to reduce the time taken to settle PF claims. So, they Introduce Online PF Transfer Facility to make PF Withdrawal Process Fast and Easy.

you can Withdraw Your PF Account using your Aadhar Card if Your Aadhar Has Linked with Your EPF Account. If you want to Link Your Aadhar with EPF You just have to Update Your KYC details by Login to Your PF Account.

EPF withdrawal Using Aadhar Card

NOTE: – It is Necessary to Link your Aadhar with your EPF Account If you want PF withdraw using Aadhar.

  • The EPFO has a withdrawal option on its member portal just by linking your Aadhaar card. By linking your Aadhaar card, no attestation from your employer is required to carry out the process.
  • The Aadhaar card and salary bank account should have been verified by your employer though, and the details embedded in the EPFO’s member portal.
  • Now make sure that your UAN is activated(Before that You have to Register for UAN Number and then UAN Activation) you can now start the process of making a PF withdrawal without your employer’s signature.
  • On the EPFO portal, download the new EPF forms to make a withdrawal – Form 19, Form 31 and Form 10C.
  • On these forms enter your name (as stated on your UAN, Aadhaar card, and bank account), registered mobile number, address, PAN card number, the reason for leaving and date of joining.
    • Form 19 UAN is for making PF withdrawals.
    • Form 10C UAN is for making withdrawals from your pension benefits.
  • Attach a canceled cheque for the EPFO to verify your bank account number. Next, submit the form and the canceled cheque to the nearest EPF office.
  • Note that your bank account number and the bank account number stated in UAN database should match. Also, your details mentioned in the form should match that on the UAN database. Any discrepancies with regard to the details could result in a disapproval to make a withdrawal from the EPFO.

EPF Withdrawal Without an Aadhaar card:

  • For those who haven’t Link Aadhar with their EPF Account or Who do not have an Aadhaar card, the process of making a withdrawal without the employer’s signature is Long.
  • Now in this Method First Download the forms (Form 19, Form 31 and Form 10C) from the EPFO Member Portal.
  • In the Next step, fill in the details and get an attestation from a credible authority, such as – a Gazetted officer, magistrate, member of the EPFO, or manager of the bank you hold your salary account with. Make sure that you get a signature or stamp on every page of your form and verified bank details.
  • To avoid cases of fraud, one will have to state the reason for direct application of withdrawal. Stating ‘Non-cooperation’ from ex-employer is usually a good enough reason.
  • Attach an indemnity bond with a 100 Rupee stamp paper.
  • Attach copies of your payslips, appointment letter, Form 19, and your employee ID card.
  • Lastly, attach a copy of your KYC documents – identity and address proof – before submitting all the forms at the EPF office. (You can Find More Details at – Bankbazaar.com)

Check EPF Balance Statement

After Activating UAN Number You can Check Your EPF Balance and also able to Download UAN Passbook after 4 days of UAN Activation. To check your EPF Balance and Statement Follow the Given Process:

  • In the First step Log on to the EPF balance page
  • At the bottom of the page, click on the ‘know your balance’ button.
  • The ‘member balance page’ will then pop up. Enter all the details like the state where your PF account is held, Name and PF Number, Registered Mobile Number etc.
  • Click on ‘submit’. Next, an SMS stating your balance will be sent to your mobile number. You can check your full balance statement and download it if required. To download the statement, click on ‘Download passbook’ tab.

By this way, You can also check whether Your Employer is Deposit Your PF Money in your Account or Not.

Latest PF Withdrawal Rules, Regulation and Guidelines 2017- EPFO Portal

Recently The Ministry of Labour and Employment, Government of India, has made a few amendments in the Employees’ Provident Fund Scheme, 1952 for PF Withdrawal Process.

Main Purpose of EPF

As We know that EPFO is a Long-Term Saving Scheme of Government of India after Retirement age. In the EPF Scheme, 12% of the basic pay of a salaried employee is deducted from his or her remuneration on a monthly basis as a contribution towards his/her EPF account.

PF Withdrawal Process

There are two ways to withdraw PF Savings

  • PF Withdrawal Using Universal Account Number (UAN Number)
  • PF withdrawal Directly By Submitting Few Forms at PF Office.

Both the Process are Easy, In the First Process you can use your UAN Number to Withdrawal of PF Savings, and in the Second Method, You need to Fill up Form 19 and Have to Attach some Document to submit at Nearest PF Office.

=>Details Process about PF Withdrawal<=

Employee Provident Fund Contribution Rules

As per EPF Rules, the contribution to the EPF account of an employee is made by both the employee and the employer. The rule is as follow.

  • 12 % of the basic pay (including D.A and other allowances) of an employee is deducted towards contribution to the EPF account of that employee. And the same amount that is 12% of Employee’s salary is also contributed by the employer on a monthly basis.
  • Out of that 12 % from employer’s contribution, 8.33% is deposited to the Employee Pension Scheme (EPS) whereas 3.67% shall be filed to the EPF account of the employee.
  • The rate of interest given by the EPFO, India to the final accumulation on a yearly basis is 8.6% for the financial year of 2016-17.
  • The rate of interest is revised every year and is announced every year by the EPFO India.

Basic EPF Withdrawal Rules

Here are Certain Rules and Regulation for EPF Withdrawal.

  • Note that withdrawal of the EPF account by a salaried employee between switching his or her jobs is illegal.
  • Only in 2 Cases, Employee can Withdrawal their PF Account Money. First If He/She has No jobs for More than 2 Month (Means Unemployed for More than 2 Months) and Second Scenario In the case of some Emergency where He/She wants some Money like for Marriage, Medical Purpose, Loan Purpose, Retirement Purpose, etc.
  • If a salaried employee opts for withdrawal after continuous service of five years or above, there will be no TDS deduction on the amount by the IT Dept.
  • But If the Withdrawal has Made Before the Five-Year Job, then Employee has to Pay Tax and TDS on the Amount.
  • According to new EPF rules announced by the finance minister in the budget for the financial year 2015-16, EPF withdrawal (taxable) will attract TDS deduction at the rate of 10% (If Employee has registered PAN) or up to a maximum of 30% (If Employehasve unregistered PAN).
  • No TDS Will be Deducted if the PF Withdrawal Amount is less than Rs.30,000
  • If an Employee doesn’t submit his/her PAN, TDS will be deducted at 34% on his or her withdrawn amount. If salaried persons want to avoid TDS, they can submit the form no. 15H (For senior citizens) or 15G for an amount up to Rs.3 lakh and Rs.2.5 lakh respectively.

Latest EPF Withdrawal Rules

According to New Information The Ministry of Labour and Employment, Government of India, has made a few amendments in the Employees’ Provident Fund Scheme, 1952 on 10th February 2016. Those Amendments are as follows.

  1. An increase of Retirement Age from 55 to 58.
  2. Employee Can’t Withdraw Full EPF balance before attaining the Retirement Age.
  3. Partial withdrawal of EPF amount on Resignation.
  4. Continuity of EPF membership.
  5. Increase in Age limit to withdraw 90% of PF balance.

Let’s Discuss Each Latest Rules in Details.

  • Retirement Age 
    • Earlier the Retirement Age was 55, but in Latest Amendment it was made 58.
  • Full EPF balance Withdrawal
    • Old Rule says that Employee can Withdraw whole PF Balance if He/She is Unemployed for more than 2 Months.
    • New Rule Says that The EPF members cannot withdraw full PF amount before attaining the age of retirement. You can only withdraw your contributions + interest portion.
  • EPF Membership Continuity
    • Old Rule says that If Employee Withdraw his/her Full OF Balance than his/her Membership or EPF Account will be TERMINATED.
    • New Rule Says that An employee can only withdraw his/her share after leaving the job. An employee cannot withdraw full EPF amount before attaining the retirement age. So, His/Her EPF Account Will not be Liable to Termination.

NOTE: –  In the Case of Early PF Withdrawal the TDS limit is being raised from Rs 30,000 to Rs 50,000. So, TDS is not applicable if the PF withdrawal amount is less than Rs 50,000. This new amendment is applicable with effective from 1st June 2016.

EPF Withdrawal Purpose

  • Marriage
  • Medical Treatment
  • Professional education of children
  • Home Loan Repayment

So, these are the Rules of EPF Withdrawal. Kindly Refer to all the rules and Regulation before you withdraw your PF Savings.

PF Withdrawal Process Using UAN – PF Withdrawal Forms and Status

PF Withdrawal Process took place when you Left your Job, and You want to Withdrawal your Savings from your EPF Account. Earlier PF Withdrawal Process was not easy but recently The Ministry of Labour and Employment, Government of India, has recently made a few amendments in the Employees’ Provident Fund Scheme, 1952 to make the PF Withdrawal Process Easy and Fast. Let’s Have a Look at the Ways to withdraw your PF Money.

But Before Moving Forward, we would like to Share some Information regarding PF Withdrawal Issue.

Is Early PF Withdrawal a Good Idea?

We know that As an Employee You Save Fix Amount of Money Every Month in your EPF Account. PF Amount is the Savings that You did for your Retirement Life. So, PF Withdrawal before retirement age isn’t a Good Idea until and unless it’s necessary because

  • If you withdraw your PF amount within five years of opening the PF account at EPFO, you will have to pay tax on the interest earned. Otherwise, interest on PF amounts is tax-free under Section 80C of the Income Tax Act If you Don’t Withdraw your PF Money.
  • It is against the rules if you withdraw the PF account balance of an earlier job while you are still employed.
  • It becomes very tough to build a retirement corpus after the age of 55.
  • The Purpose of PF Savings is Meant for After Retirement Life Because maybe at the age of retirement (Approx 55-58) after that We can’t be able to continue Work so at that time this Saving of PF Account Help us to Survive for the Future.

However, there are provisions which let you withdraw the PF amount earlier too.

How to Withdraw PF Amount?

Here Note one thing that If you are Currently Working in an Organization, then EPFO won’t allow to Withdraw your PF Account, But there are some Acceptions or in some Emergency Situation when you can withdraw your PF Money.

There are 2 ways to withdraw PF Savings

  • PF Withdrawal Using Universal Account Number (UAN Number)
  • PF withdrawal Directly By Submitting Few Forms at PF Office.

PF Withdrawal Using UAN Number

PF Withdrawal Using UAN Number is Easy and Fast because UAN has changed all the EPF Process and make it Centralize. It also Consumes Less time Because you Don’t Need to Go to your Previous Employer for the withdrawal process. If you have your UAN Number, then You can Directly Apply for PF Withdrawal Online Using UAN Number. Just Log in with your UAN Number, and there you can find some forms to fill up.

PF Withdrawal Directly at PF Office

In this Method, You Need to Fill up one PF withdrawal form and submit it directly to the Regional Provident Fund Office. This procedure requires identity attestation since the PF office would want to be sure whether the right person is applying for withdrawal. So for the Identity Verification Purpose, withdrawal form needs to be attested by one of the following listed authorities decided by EPFO

  • Any Bank Manager
  • A Gazetted Officer
  • Magistrate/ Post/ Sub Post Master/ President of Village Panchayat/ Notary Public

EPF Withdrawal Using New Form

In this Method for PF Withdrawal, you don’t need any Employer’s attestation. You only need to Provide your Aadhar Number at UAN Portal. Entire Process Goes like this:

  • Initially, Link your an Adhaar number to UAN Portal.
  • After that authenticated your Aadhar Number by the Employer.
  • Then Download the New EPF withdrawal form.
  • Fill up the new EPF withdrawal form with correct details and submit it directly to the regional PF office.

By Using this Method, you can get your PF Saving Money within a week (Approximation)

EPF Withdrawal Using Old Form

In this Method first Download Form 19 from EPFO Portal. Fill up the form with Correct Information and then Submit the Form to PF Office for further Process.

DOCUMENTS TO BE ENCLOSED

  • A copy of the blank/canceled cheque having the account number and IFS Code of the branch visible so that the payment may be made to the correct account and through electronic mode for faster credit.
  • A medical certificate from the ESI or if the employee is not covered under the ESI Scheme, the Medical Officer designated by the Establishment should be attached – if the member retired on account of permanent and total incapacity (reason for leaving b, mentioned above) due to bodily or mental infirmity,
  • A copy of Visa, Passport Journey Ticket – In case of migration from India for permanent settlement abroad (reason for leaving d mentioned above).
  • The offer of appointment letter and Copy of Visa, Passport Journey Ticket – In case of taking up employment abroad.