How To Withdraw Your Entire Provident Fund (PF) Amount When Changing Jobs: A Step-by-Step Guide

The Employee Provident Fund (EPF) scheme, managed by the Employees' Provident Fund Organization ( EPFO ) in India, is a highly favored government initiative for building a retirement corpus. Both employees and employers contribute monthly to this fund, which not only accumulates over time but also earns attractive interest. One of the significant benefits of having a PF account is the ability to withdraw funds when necessary, including when changing jobs. Here’s a detailed guide on how to withdraw your entire PF amount during a job transition.

Withdrawing the Full PF Amount: Step-by-Step Process

1. Access the EPFO Portal:

• Visit the official EPFO website: EPFO Member Interface.
• Log in using your Universal Account Number (UAN), password, and the captcha code.

2. Verify Your KYC Details :

• Once logged in, navigate to the "Manage" section.
• Ensure your KYC (Know Your Customer) details are updated and accurate.

3. Initiate the Withdrawal Process:

• Go to the "Online Services" section.
• Select the option for "FORM-31, 19 & 10C".
• You will see three choices: " Full EPF Settlement " (to withdraw the entire amount), "EPF Part Withdrawal" (for loans and advances), and an option for pension withdrawal.

4. Select Full EPF Settlement:

• Choose "Full EPF Settlement" to withdraw the entire amount.
• Complete the claim form that appears.

5. Receive Funds:

• Submit the form and wait for a few days.
• The total PF amount will be credited to your registered bank account.

Merging PF Accounts When Changing Jobs

If your UAN is linked to an existing PF account, you may not be able to withdraw funds from your previous employer's PF account directly. Instead, you will need to merge your old PF account with your new one. Here’s how: