02 November 2013
they can't deny to give it to u in cash. They are bound by PF regulations. Rather in transferring funds they are much more involved. So if they really want to abuse their position, they would make the transfer equally painful.
Guest
Guest
(Querist)
02 November 2013
Okay Sir Thanks for valuable Information
02 November 2013
Procedure to transfer the old PF amount to new PF account
1. At the time of joining a new organization, the company’s HR will give you forms for opening a PF account. When new PF account is opened and you would receive a new PF Number.
2. Fill up PF withdrawal form (Form 13) with the details of your previous organization, including your previous PF number, previous employer and regional provident fund office details.
3. Sign and hand over the Form ‘13’ in triplicate to your present employer/HR Department.
4. HR will fill in the details of your current organization and attested it by the authorised signatory (of the new employer).
5. HR then submit it to the regional PF office for transfer.
6. The regional PF office then gets in touch with your previous regional PF office to effect the transfer. Ideally, the process should take around 30 days.
Note: In case you wish to withdraw your PF and the past employer is unavailable, the past employer is not available or the firm has closed down or liquidated.
In such cases the employee has to submit an identity proof (Official government identity cards such as a PAN card, voters’ identity card, passport, ration card or an Employees’ State Insurance Corporation identity card are acceptable) and a proof of residence(For address proof, a copy of your electricity, water or landline phone bill or a driving licence would suffice). An attestation will be done by the bank manager (the bank account where your PF savings will be credited).