How to Transfer PF Account: If you have changed your job and want your PF account to be transferred to the new company, then you will have to follow a process. In this, you will need your UAN number.
How to Transfer PF Account: Whenever people in private jobs change their jobs, they have to transfer their old PF account to the new company. Some companies take the UAN number and transfer it directly, but many companies ask the employee to transfer the PF account. But there are many people who do not know how to transfer PF account, they can learn here.
Transferring PF brings all member IDs to one place
According to a report by Axis Bank.com, it is important to transfer the PF account so that you can get your retirement savings together. You may have a Universal Account Number (UAN), but different member IDs can be created in every company. This can make it difficult to track your savings and the interest you get on it. Transferring PF brings all member IDs to one place, which makes management easier.
What is required to transfer PF?
- UAN is your unique PF account number, which is necessary for every employee.
- Aadhar card, PAN card or bank account details. These documents should be linked to your UAN.
- Establishment number and PF account number of the old and new company will be required.
- Form 13 will be required, this is a transfer claim form, which has to be filled and submitted.
These conditions must be fulfilled to transfer PF online
- Your UAN must be active and an active mobile number must be linked to it.
- Aadhaar, bank details and date of exit from the old job must be updated in UAN.
- E-KYC must be approved by your company.
- Only one transfer request is allowed for one member ID.
How to transfer PF Account?
- First of all, go to the official website of EPFO and login with your UAN and password.
- Click on Online Services and select ‘One Member-One EPF Account (Transfer Request)’.
- Verify your personal information and fill in the details of the old and new company.
- Click on Get Details, which will show the details of your old PF account.
- Choose either the old or the new company, which has a digital signature (DSC) to verify the claim form.
- After this, you may have to enter the member ID or UAN.
- Click on Get OTP. An OTP will be sent to the mobile number linked to your UAN. Enter it and submit.
