To ease the monetary state of affairs for residents of this nation through the ongoing coronavirus pandemic, the Authorities of India introduced Covid-19 PF Advance choice permitting people to withdraw a certain quantity from their Workers’ Provident Fund (EPF) account.
The request kind might be submitted on-line by way of the official EPFO web site in addition to UMANG app and web site.
If you’re seeking to apply for PF Advance, we have now put collectively a whole information on it together with a number of issues that you need to take note earlier than continuing with the steps.
Issues to remember
With PF Advance, people can avail a non-refundable withdrawal as much as three months. The quantity is restricted to the fundamental pay of the worker or as much as 75 per cent of the full stability, whichever is much less.
To have the ability to withdraw or submit the appliance, people might want to get their UAN authenticated with Aadhaar. Additionally, a telephone quantity must be linked with the UAN.
Obtain and set up UMANG app
If you have already got the UMANG app put in, transfer to the second step.
Open UMANG app in your smartphone and faucet on EPFO choice
If you happen to can’t see the EPFO choice, faucet on the search bar and sort EPFO.
Faucet on ‘Request for Advance (Covid-19)’ choice
Enter your UAN quantity and faucet on ‘Get OTP’
This OTP will come on the telephone quantity registered with EPFO
Enter the OTP acquired and faucet the ‘Submit’ button to login
As soon as logged in, enter checking account quantity and select ‘Member ID’ from the drop down menu
Then faucet on ‘Proceed for declare’ button
On subsequent web page, enter your handle and hit Subsequent
Now, choose Kind 31 from the drop down menu and enter ‘Quantity of Advance required
Add a picture of cheque with particulars like financial institution title, IFSC code and account quantity is clearly seen
Do be aware that the add file measurement must be lower than 100kb.
Settle for the declaration by deciding on the checkbox and faucet Submit OTP
After receiving the Aadhaar OTP, faucet on ‘Submit’ button
The Covid-19 Advance software has been submitted.
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