[vijaykr]

Originally Posted by ravradha

I have left my company but do not know when I'll take the next job. Can I shift my EPF account away from my previous employer without another job. I do not want to withdraw.

But where do you want to shift it to while you're yet to start on a new job? To my knowledge, the PF tranfer requires two PF accounts both of which are linked to an establishment that contributes to EPF.

Out of curiosity, why do you not want to leave your PF as-is with the last organisation account for now? It is not like they can do anything with it unilaterally. The actual corpus is with the PF department anyway.

[vinu_h]

Originally Posted by ravradha

I have left my company but do not know when I'll take the next job. Can I shift my EPF account away from my previous employer without another job. I do not want to withdraw.

Originally Posted by vijaykr

Out of curiosity, why do you not want to leave your PF as-is with the last organisation account for now? It is not like they can do anything with it unilaterally. The actual corpus is with the PF department anyway.

Vijay is spot on. It is YOUR money, while a current employer can add to your PF pool, they cannot handle it in any other way.

Read point #13

[smartindboy]

FYI... I just noticed that the interest for 2023-2024 (till Mar-2024) is updated in my passbook.

[NomadSK]

PF Can Be Withdrawn Directly From ATMs Starting 2025: Labour Secretary

I guess this is an interesting step in the right direction.

More Info

[Jebs]

I've recently purchased an old property and I'd like to avail the pf withdrawal facility for its renovation. Is it possible to do it?

[Everlearner]

Originally Posted by Jebs

I've recently purchased an old property and I'd like to avail the pf withdrawal facility for its renovation. Is it possible to do it?

Yes, you can do it. I had withdrawn from my PF recently using this option.

Originally Posted by Everlearner

I had submitted a partial claim request online on 29-Oct and received the money in my account yesterday 19-Nov. Turn around time of 20 days is impressive I would say.

The request was for the category of house renovation for which you can claim upto 12 months of your basic salary(not 12 months of PF contribution) and doesn't require any proofs or documents. Only a scanned copy of your cheque leaf is required for account verification.

The turn around time for other categories might be different.

[Jebs]

Originally Posted by Everlearner

Yes, you can do it. I had withdrawn from my PF recently using this option.

Thank for your response. I have opted for plot purchase 10 years ago and I'm trying to get a PF loan for my very recently purchased flat (a month ago). I heard there's a rule saying property must be 5 years old from the the date of ownership. Please throw some lights as I need this information urgently.

[Everlearner]

Originally Posted by Jebs

Thank for your response. I have opted for plot purchase 10 years ago and I'm trying to get a PF loan for my very recently purchased flat (a month ago). I heard there's a rule saying property must be 5 years old from the the date of ownership. Please throw some lights as I need this information urgently.

I had bought a house 3 years back. However, when I applied for PF advance for the house renovation category, no proofs were asked regarding the home ownership. Only the cheque image was asked for bank details.