Employees' Provident Fund Organisation or EPFO will launch online employee fund withdrawal claim on 3rd July or 4th July. Initially it will be open for selected EPFO offices and later it will be rolled out to all EPFO office. This move is very beneficial to more than 50 million EPFO subscribers.
EPFO will setup central clearance house to settle all claims which includes withdrawal and transfers of funds claims. Once EPFO receives online employee provident fund claim then it's EPFO's responsibility to verify the previous employer details and settle the claim. Earlier employee has to contact previous employer to initiate EPF withdrawal or transfer claim.
Stay Tuned for more step by step details to initiate your PF withdrawal or transfer claim online.