{"id":1979,"date":"2020-03-05T11:08:00","date_gmt":"2020-03-05T11:08:00","guid":{"rendered":"https:\/\/www.testserver.eminenture.co.in\/test\/services2nri-new\/blog\/?p=1979"},"modified":"2024-08-13T11:09:22","modified_gmt":"2024-08-13T11:09:22","slug":"transferring-pf-balance-bank-account-online-easy","status":"publish","type":"post","link":"https:\/\/www.services2nri.com\/blog\/transferring-pf-balance-bank-account-online-easy\/","title":{"rendered":"Transferring PF Balance To Bank Account Online is Easy!"},"content":{"rendered":"\n

Now, your hard earned Employees Provident Fund (EPF) from the previous employer can be shifted to the present employer online. The beneficiaries can access the Member e-SEWA website, wherein they can transfer their money from one PF account to another one.<\/p>\n\n\n\n\n\n\n\n

Even if you are likely to go abroad to work with a globally present entrepreneur, you can digitally channelize your provident funds subsequently.<\/p>\n\n\n\n

Requirements to transfer EPF account:<\/strong><\/p>\n\n\n\n

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  1. Activate UAN (Universal Account Number) on the Member e-SEWA website. Like Aadhaar, the UAN is a 12-digit identification number, which is assigned to you and your employer each for contributing to the EPF. The Ministry of Labour and Employment issues and integrates it with the Employees\u2019 Provident Fund Organisation (EPFO). As you join HCL upon surrendering the job with Deloitte, let\u2019s say, you will get a new member ID on the intimation. This ID will be later merged to your former UAN.<\/li>\n\n\n\n
  2. The beneficiary should carefully check if his personal information, contact details, marital status and other details would be correctly mentioned on the Member e-SEWA website. You can login to check it.<\/li>\n\n\n\n
  3. The beneficiary should also thoroughly crosscheck his bank account number, IFSC and Aadhaar details are digitally approved by the employer and UIDAI. You can explore the details in the \u2018KYC\u2019 option under the \u2018Manage\u2019 tab. But first, log in to your account.<\/li>\n<\/ol>\n\n\n\n

    Here, the \u201cdigital approval\u201d stands for digital verification carried out by the UIDAI and the employer. The UIDAI will conduct the verification procedure once the employer has seeded the bank and Aadhaar details.<\/p>\n\n\n\n

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    1. In the meantime, the personalised verification through OTP in an SMS to the registered mobile number will take place. Once it\u2019s done, the online submission of the EPF transfer account request will be completed. So, always check if your SMS service is still \u2018On\u2019.<\/li>\n\n\n\n
    2. Subsequently, the attestation of the transfer form would be mandatory. So, make sure that you would select the right employer from the former and the current one.<\/li>\n\n\n\n
    3. Now, the question is which employer you should prefer. Here is the solution- choose the one who is already registered as an authorised signatory on the website. It is simply because only the authorised employer is allowed to attest such forms by using DSC (Digital Signature Certificate).<\/li>\n<\/ol>\n\n\n\n

      So, if you will subsequently become an NRI, make sure that you have passed through the hurdle of\u00a0document attestation<\/strong><\/a>\u00a0prior. It will help you to get off the prospective barriers.<\/p>\n\n\n\n

      How can you transfer PF online using UAN?<\/strong><\/p>\n\n\n\n