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Moneylife » Provident Fund: Apply Online for PF Transfer, Withdrawals

Provident Fund: Apply Online for PF Transfer, Withdrawals

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Moneylife Digital Team | 06/05/2013 05:31 PM | 

Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from 1 July 2013, a move aimed at speedy settlement of claims.

 
The biggest problem faced by the subscribers is transferring their accounts when they change jobs. This central clearance facility will expedite the process. The facility will enable subscribes to track online the status of their applications for transfer and withdrawals. However, the EPFO’s ambitious plan to provide permanent account number to all subscribers would be possible only by early...

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