If you want your PF claim to be fast processed and you get money on time, first of all make sure that your KYC is complete and correct. It should have your Aadhaar card, PAN card, bank account information and mobile number update. When your KYC is correct, the amount is usually transferred to your bank account within 7 to 15 days after filling the form.
According to the EPF scheme 1952, if all the documents are correct, the fund should be paid on time. But sometimes reality is delayed. There may be some reasons behind this:
Aadhar card and PF record
PAN card verification pending
Bank account information is incorrect or non -verification of bank account
Not updating exit date by employer on EPFO portal
Any of these mistakes can affect your PF claim and process can take months.
It is necessary to select the correct form to remove PF. These forms are as follows:
Form 19: To withdraw full money from PF.
Form 10C: If your service period is less than 10 years and you want to withdraw money from pension fund.
Form 10D: If your service is more than 10 years and you want to apply for monthly pension.
Sometimes people choose the wrong form, such as even after the age of 60, they fill the form 10C while they should fill the form 10D. This may stuck their claim.
If your PF claim is pending for long periods, there is no need to panic. You should take the following steps:
First of all EPFO's Grivence Portal File a complaint on.
If there is no solution even after complaint, then you are in your area Regional PF Commissioner Can contact.
Apart from this, EPFO can also register your problem on helpline number or social media platforms.
It is necessary to take care of some important things to claim PF at the right time and without any hassle:
Complete KYC: Aadhaar, PAN and Bank Account Details should be properly updated on the EPFO portal.
Update e-nomination: Be sure to update your nominee on the EPFO portal so that there is no problem in future.
Confirm exit date: Make sure from your employer that the Exit Date has been updated on the portal.
Use Composite Claim Form: If you do not understand different forms, then you can do all the work through the same form by filling the composite claim form.
Check bank details: Before filling the form, verify your bank account information once so that there is no obstruction in payment.
PF is a fund that can do Sanjeevani work for you in emergency. But it is possible to use it properly only when your documents are correct and updated. By avoiding small mistakes and applying with correct information, you can get PF money on time without any hassle. So prepare in advance, check the documents and make the process easier.
