There are many doubts which come to an employee’s mind when it comes to PF withdrawal. One such doubt is how to transfer PF amount to bank account online. It is a simple process and there are many ways to do so.
You can easily transfer your PF balance to your bank account by raising a request to your employer or your company. The company or your employer will then transfer your request to EPFO and the money will be transferred to your bank account within 7 days time. There are other ways too.
How to transfer PF amount to my bank account?
Follow these steps to transfer your PF amount to your bank account
Visit the official website of EPFO and log in to your account.
Then tap on the ‘online services’ option and choose the ‘Transfer PF Account" option.
You will have to input your details like your bank account number, IFSC code and PF account number.
Tap on the ‘submit’ button.
Now, you will get an OTP on the mobile number registered with your PF account. Input this OTP and then tap on the ‘verify’ tab.
After this, your PF amount will be transferred to your bank account within 7 days of time.
This is the process on how to transfer PF to bank account.
Make the best use of pension funds by investing in property with NoBroker here. Read More: How to change EPFO passbook password? How to Know the Reason for PF Claim Rejection? How Can I Check My PFMS Balance?Your Feedback Matters! How was this Answer?
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Hey,
The Government of India had launched the EPF scheme for employers and employees. Employee Provident fund or EPF is an ideal investment option. The money is deducted and saved in an account each month. I will tell you how to transfer PF money to bank account.
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Before I share with you how to transfer PF money online to bank account. Let me share the list of documents needed for the process.
Revised Form 13
Valid Identity Proof (PAN, Aadhar or Driving Licence)
UAN
Current employer’s details
Establishment Number
Account Number
Bank account details of the salary account
Old and current PF account details
You will need to log in with your UAN and password on the EPFO's e-sewa portal.
Click on the 'Manage' tab and select 'KYC'.
You will need to check all details here
Then, click on ‘'Online Services' tab and
Select the option which says ‘'Claim' from the dropdown menu.
The display screen will show all member details.
Click on the 'Proceed For Online Claim' tab
In the claim form, select the option for Pension withdrawal, under the 'I Want To Apply For tab.
Authenticate the form with OTP and click on submit.
This is all from my end on how to transfer PF money to bank account.
Read more :
How to cancel pf withdrawal request
how to cancel pf claim
How to cancel pf transfer request
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How to transfer PF money to bank account ?
Arth
6063 Views
2 Answers
2 Year
2022-09-14T10:36:12+00:00 2023-09-29T17:57:29+00:00Comment
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