| Author: Sam 02 Jan 2012 Member Level: Gold Points : 3 Voting Score: 0 |
I think PF can transferred in your joint account. If you are exiting the company, you have two options - either to transfer it to your PF account in the new company or transfer it to your bank account.
While exiting, you need to provide details regarding this and if u choose transfer to bank account then you need to provide bank details, which need not be your salaried account.
If you need to transfer it to your new companies PF account, then you need to fill a form in your new company for the same.
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| Author: Akanksha P.V 02 Jan 2012 Member Level: Gold Points : 1 Voting Score: 0 |
Hi,
For your 1st question I would say,Sam is absolutely right. You can definitely get your PF transfered to your joint account. I did the same thing. When I was leaving I filled up a form which asked all the bank/account details and I got the PF transfered to my joint account.
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| Author: Hafeezur Rahman P 02 Jan 2012 Member Level: Diamond Points : 4 (Rs 2) Voting Score: 0 |
1. Yes, you can ask PF department to deposit your PF amount into your joint account as long as you are providing blank cancelled cheque to them (with your name first).
2. No money order required since you are entitle to receive your amount to your joint a/c.
3. Previous company can assist you on this since they have credited your salary to this joint account earlier.
4. PF office will accept the condition, first reason is you and company authorize to do so with your contact and other personal details, including your wife detail in spouse column (proof for joint a/c matching).
NRE can't open saving a/c actually when they work in abroad but they can open an NRE a/c only. If you would have already opened SB a/c in the past then you move to abroad, it has no issue but need to inform it to respective bank.
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| Author: Kranthi Kumar (K K) 02 Jan 2012 Member Level: Gold Points : 5 (Rs 2) Voting Score: 2 |
Provident fund, a boon for every employee in india, designed especially for retirement benefits. But,it becomes a head-ache when it comes to PF transfer or PF claim, when the employee changes the company. In your case, You can dowload the PF Claim Form (form No. 19) from EPFO Official website. Read the tips to fill the application form.
1. Write your Full Name in Block Letters.
2. Write Father's Name or (husband's Name in the case of married woman) in BLOCK LETTERS
3. Name & Address of your previous employer.
4. Write your Old PF Account No.
5. Date of leaving service from Previous Employer
6. Reason for leaving service from Previous Employer
7. Full Postal Address (in Block Address). Ensure that You give full details inclde state, city, district, mandal, pincode which ever applicable. Write on white paper first and then write on the application form, managing the space provided carefully.
8. Mode of remittance
a) Money Oder --- One can choose this option, in case of not holding any Savings account
b) Bank Account --- Give your Savings Bank account details, clearly mention that It is NRE account. Else, it goes to some other account.
Monthly PF contributions: For this financial year, I Sure, you don't your PF statement issued by EPFO. So, Fil the application carefully as per guidelines above, Sign on it with Blue ink pen , take the colour scan , and then attach it to your email id. Forward that email to one of your ex-coleagues, request him/her to talk to finance department to fill the monthly PF contributiontable and submit to them. Finance department will approve it and forward the same to respective PF Office Authorities. To ensure that, You have filled the PF claim form personally and processing with the help of your ex-colleague, You can email to your fianance department managers keeping your ex-colleague in CC , stating the situation that, you are in abraod and seeking help in submiting the PF claim form. This way, things will go smooth.
You can confirm the best mode of remittance with your finance department, as they involve in PF claims process for employees very frequently.
After you submit your PF form successfully, come back to this page and share our experience. Will be waiting for your feedback.
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