PF claim kaise kare Online | PF Withdrawal Process Online | PF Final Settlement Online | Umang 2024

Summary

This video tutorial outlines a straightforward method for withdrawing the entire balance from a PF (Provident Fund) account without a password. It emphasizes the necessity of having complete KYC, PAN, and bank details updated in the PF account. The process involves using the Umang website or app, selecting the appropriate claim form, and following steps to verify bank account details and service history. The video also touches on the implications of TDS and the need for Forms 15G or 15H for larger withdrawals. It concludes with instructions for tracking the claim status and transferring the PF and pension money directly to the bank account, promising settlement within seven working days.

Takeaways

• 😀 The video provides a method to withdraw the entire balance from a PF (Provident Fund) account without a password.
• ✅ It's essential to have complete KYC, PAN, and bank details updated in the PF account, along with an active mobile number.
• 💻 The process is initiated through the Umang website or app, which is a government platform for various services.
• 🔗 The video mentions that no password is required for this new method of withdrawing money from the PF account.
• 📲 Users need to log in via their mobile number if registered on the Umang website, or they can create an account.
• 📋 After logging in, users must enter their UAN (Universal Account Number) and verify it with an OTP sent to their registered mobile number.
• 🏦 Users are required to verify their bank account number linked with their KYC details in the PF account.
• 📝 The script outlines steps to check service details like date of joining or exit and to fill in the complete address from the Aadhaar card.
• 💼 It discusses the option to claim different types of PF withdrawal forms, such as Form 93 for PF withdrawal and Form 15G or 15H to avoid TDS.
• 📑 Users need to upload copies of their canceled check or passbook and other relevant documents as part of the withdrawal process.
• ⏱️ Once the claim form is submitted, it is typically settled by the EPFO within seven working days, with the money transferred directly to the bank account.

Q & A

What is the main topic of the video?

The main topic of the video is about a method to withdraw the entire balance from a PF (Provident Fund) account without using a password.

What are the prerequisites for withdrawing the full balance from a PF account as mentioned in the video?

The prerequisites include having a complete KYC (Know Your Customer), PAN, and bank details updated in the PF account, along with an updated mobile number.

What is the website mentioned in the video for withdrawing PF money online?

The website mentioned in the video is the Umang portal, which is used for various government services, including PF withdrawal.

How does the process of withdrawing PF money online start on the Umang website?

The process starts by clicking on the 'Umang' option on the website and opening the Umang portal.

What is the significance of the OTP (One Time Password) in the PF withdrawal process as described in the video?

The OTP is sent to the registered mobile number in the PF account and is used for verification purposes during the withdrawal process.

What is the role of Form 93 in the PF withdrawal process?

Form 93 is selected for PF withdrawal when the eligible claim form is chosen during the online application process.

Why might Form 15G or Form 15H be required in the PF withdrawal process?

Form 15G or Form 15H might be required if the PF withdrawal amount is more than 50,000 and the service period is less than 5 years, to avoid TDS (Tax Deducted at Source) being applicable.

What documents need to be uploaded during the PF withdrawal process as per the video?

Documents that need to be uploaded include a copy of the canceled check or passbook, and if applicable, Form 15G or Form 15H.

How long does it typically take for the EPFO to settle a PF withdrawal claim after submission?

The EPFO typically settles a PF withdrawal claim within seven working days after the form is submitted.

How can one check the status of their PF withdrawal application as mentioned in the video?

The status of the PF withdrawal application can be checked by clicking on 'Track Claim Status' in the options provided on the Umang website.

What is the final step after submitting the PF withdrawal claim as described in the video?

The final step is to click on 'Submit' after entering the OTP received on the registered mobile number, which finalizes the submission of the PF withdrawal claim.