EPFO has increased the auto claim settlement limit for withdrawing PF money from Rs 1 lakh to Rs 5 lakh. With this, now the money will come to your account in just 3-4 days. Earlier it used to take more than 10 days.
Secretary of the Ministry of Labor and Employment, Sumita Dawra, has approved this proposal, which has been sent to the Central Board of Trustees (CBT) for final decision.
You can make a claim from home without any document
EPFO has provided Auto Settlement of Advance Claim facility to withdraw Provident Fund money as soon as possible in case of emergency. This is a kind of automated software system, under which you can claim to withdraw money without any document. If the KYC of your account with EPFO has been updated, then the amount will be credited to your account within a few days of your online claim. Know what is the process to claim it from home?
How to withdraw PF amount from home through auto claim
To withdraw PF money from home, you can use the Auto Settlement of Advance Claim facility. Through this, you can easily get your money by following some steps. Let’s know its complete process.
Step 1- To withdraw money from PF account, first of all you have to visit the official website of EPFO https://www.epfindia.gov.in.
Step 2- After this, log in by submitting your UAN number and password.
Step 3- Now after verifying your account you have to click on Proceed for Online Claim.
Step 4- On clicking this, you will have to select Advance Form 19 and fill in the required information in it.
Step 5- After this, verify your account number and submit the form. Once the process is completed, the requested amount will be automatically credited to your account within a few days.
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