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Do this important work online before PF Withdrawal, otherwise your money may sink!
Before withdrawing Provident Fund, you have to go to the option of One Member. But first of all you will go to ‘Online Services’ as soon as you login. Here you will see the option of ‘One Member-One EPF Account’. After going here, you will be able to get all the funds of your previous organization transferred to the PF account of the present organization.
Let me tell you, to withdraw any Provident Fund, it is very important that all your funds should be present in the existing account. That’s why you should always get Provident Fund Transfer done. After this you will be able to withdraw it from the account of Current Employer. But for this also you have to apply first and for this you have to complete all the formalities. It is seen in many cases that the employee does not transfer PF even after leaving the job and if the company is closed then it can also cause huge losses. In such a situation, it is very important that you do PF transfer immediately after leaving the job.