EPFO UPDATE : Most private sector employee’s PF gets deducted. PF is an amount that turns out to be financial support at later times. Most employees do some big work by withdrawing PF money. If your PF is getting deducted while working and you want to withdraw this amount, then important things have to be taken care of.
You would surely have come across this fact that most of the employees’ claims for the withdraw of PF are rejected. Most of the time, the rejected claim for PF is without employees. If you make a claim keeping important things in view, it will be never rejected. Suddenly, due to little mistakes, employees are faced with trouble.
Why does the claim get rejected?If the PF employee claims he withdraws his funds after leaving the job and it gets rejected, then something is wrong. When filling up the claim form, you also have to fill up the joining date along with the date of leaving the job correctly. If not done, the claim gets rejected.
Apart from this, more often than not, the name mentioned in the Aadhar card and the EPFO portal is different, and thus, your claim for the fund gets canceled. Therefore, you need to have it corrected by submitting a joint declaration form along with the application. Even if the date of birth enlisted in the Aadhar card and EPFO differs, your claim gets rejected.
Do not open a joint account.Even if the PF employee fills out the right information about the bank account in the form, the claim gets rejected. Reason for this is said to be a joint account. If you open your account with your husband or wife, then in such a situation, the claim gets rejected. So you need a different account to withdraw the claim.
But associating it with Aadhaar is really necessary for the claim. Moreover, incomplete or not vetted KYC information rejects your claim. So apply for PF only with full details.
