In this article, you will learn how to check whether your PF account is inactive. Then, you will learn how to transfer funds if you’ve been issued a UAN. After that, you’ll have to know how to get a UAN for an inactive PF account. Obtaining a UAN is simple. First, you need the UAN number issued to you. Next, you need the profile details of the subscriber. You can ask the HR department to provide you with the UAN number.
Obtaining a UAN
To withdraw EPF funds from an inactive PF account, you must first obtain a UAN. The UAN will allow you to withdraw the amount online. You must submit basic details like your previous employment. You must also link your Aadhaar and bank account information to the UAN. It is possible for international employees to get a Certificate of Coverage. You can also monitor your EPF account through the UAN.
If you are not able to locate your PF account, you can seek help from the Employees’ Provident Fund Organisation (EPFO). This organization has about Rs 27,000 crore in unclaimed money. Inoperative accounts do not receive contributions and interest for 36 months. The best way to get a UAN for an inactive PF account is to contact the EPFO helpdesk and ask for a UAN.
If you are not required to withdraw funds immediately, you may want to transfer the funds to another PF account. Having a UAN will make this process easier and faster. A UAN will also allow you to defer the withdrawal of funds if necessary. However, if you need the money immediately, you should withdraw the money now. If you do not, it will be difficult to claim. You may want to request the transfer to take place before the 25-year mark. The money will then go into government coffers.
The process of transferring a PF account is simple. You would fill up Form 13 and your new employer would transfer the account to you. This process may take a few days, but it will not treat your inactive account as dormant. By transferring your PF account, you get it back into an active status. So, get started. It’s as easy as that!
First of all, you must provide your Aadhaar number. You must verify your phone number with an OTP. Your bank account information is required as well, as your photo will be required as proof of identity. Once you have this UAN, you can track your inoperative PF account and claim the funds. This is an important step because your UAN will allow you to withdraw funds from your account in the future.
To obtain a UAN for an inactive PPSA account, you must first check the details on the form. Once you have verified the details on the form, you can now withdraw the funds online. There’s no need to get permission from your employer. You can also use the UAN number to check your PF balance. You can complete the entire process online using the UAN log-in.
If your PF account has been dormant for more than 36 months, it will be declared inactive. If you haven’t transferred it to another PPSA or 401k, you may have lost track of it. If you cannot recall your account details, you can call the helpdesk and get a UAN for your inactive PF account. The helpdesk will monitor your previous accounts and keep track of them.
Checking the status of an inactive PF account
There are two ways of checking the status of an inactive PF account. You can go to the EPFO website and fill up a few details. You can also contact the helpdesk if you have any questions regarding the status of your account. The process of retrieving funds from dormant accounts is streamlined by the use of the Universal Account Number, which can be obtained through your employer.
Another way of checking the status of an inoperative PF account is to contact the Regional EPFO. Usually, a missed call will send the account’s status information to the account holder via SMS or email. If you cannot reach the EPFO helpdesk, you can also make a missed call to 011-2290-1406 from a registered mobile number. In the next article, we will explore how to claim PF proceeds from inoperative EPFO accounts.
To trace the PF balance of an inactive account, you must have the account holder’s UAN. This is the most important step for checking the status of an inactive PF account. You should provide accurate information and include all required details. To get started, fill in the required fields and submit your request. Once you have submitted the information, you will be asked to enter your PIN number. Remember to save your reference number so that you can check the account status later.
Alternatively, you can contact the Inoperative A/c Helpdesk on the epfindia portal. To do this, click on the ‘Inoperative A/c Helpdesk’ link and provide details about the problem. Ensure to enter as much information as you have, including the old company code, PF account number, and date of joining. In addition to entering your PF account number, you should also provide your old employer’s code and address, so that the helpdesk can identify your account and send it to the appropriate department.
If you are leaving your job, you may be tempted to withdraw your PF funds immediately. In that case, it is a better idea to link your new account to your old one. This way, you will continue to earn interest on the account value, and will be able to withdraw a portion of the money you have accumulated over time. In addition to this, you will also be able to transfer the funds to another company if you find employment in a new company.
To check the status of an inactive PF account, you should first ensure that the employee has retired from their previous company before reaching 55 years of age. In the absence of a withdrawal request, any interest earned by the account will be taxed. If the employee is not self-employed, you should transfer the existing PF account to the new employer. This way, you will be able to withdraw the money for retirement purposes.
Transferring funds if a UAN has been issued to the subscriber
The process of transferring funds to an inactive PF account is simplified with a UAN number. This number acts as a unified ID for multiple member IDs. Some features of the UAN card include dynamic updates of the UAN card, a monthly SMS regarding the amount contributed to the PF account, and auto-triggering transfer requests if the subscriber changes his or her employment.
However, there are many reasons why a UAN is not issued against the same earning individual. One of the main reasons for this is Aadhaar. The Aadhaar card is not issued to everyone and not everyone has it. For example, someone who has worked in the same organisation for many years may not have an Aadhaar number. Having two UAN numbers will make it difficult to manage both accounts and the old fund may become dormant or frozen.
The process of withdrawing funds from an inactive PF account is largely similar to withdrawing funds from an active one. However, if you are looking to make an online withdrawal, you should first check whether the UAN is linked with your existing KYC. Linking your UAN to your existing KYC will ensure that you make the withdrawal smoothly and efficiently. You can find details about transferring funds from an inactive PF account by clicking here. The process of withdrawal is simple and can be completed online. To withdraw your money from your account, you must enter your user details, including their EPF number and UAN.
The UAN is mandatory in order to access the EPFO member portal and you can activate it by linking it with your KYC details. Similarly, you can download your passbook from the EPFO member portal using your UAN. The UAN portal will require you to update your mobile number to be updated. However, you can also check your balance by missing a phone call.
If you do not have a UAN, you may withdraw your PF fund by filling a withdrawal form. You can either use an Aadhaar-based form or a Non-Aadhaar-based form. The process can be time-consuming, but you can withdraw the full amount of your PF. It is advisable to wait for your retirement before withdrawing your EPF funds from an inactive PF account. You should not withdraw more than 75% of your EPF balance if you do not have a UAN.
You can also transfer funds if a UAN has been allocated to the subscriber of an inactive PBSA account. If the Employee Provident Fund Organisation has issued you a UAN, you can transfer funds to the account. This is a great way for an employee to leverage his savings. Just make sure you do this properly, and your money will grow.