Last Updated on February 14, 2024 5: 01pm

Leaving a job can be a daunting process, but you can make it a bit easier by knowing how to access your Employee Provident Fund (EPF). EPF is a savings scheme mandatory for all salaried employees in India, which is aimed at providing financial security to them post-retirement. The accumulated balance in the account, along with the interest earned, can be withdrawn by an employee on retirement or leaving the job. In this article, we will guide you through the process of EPF balance check and getting the EPF money in your bank account after leaving a job.

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EPF Balance Check

Before you start the process of withdrawing your EPF money, you need to check your EPF balance. There are several ways to check your EPF balance:

EPF balance check through EPF website:

The easiest way to EPF balance check is through the official website of the Employee Provident Fund Organization (EPFO). You need to follow these simple steps:

  • Visit the official website of EPFO at https://www.epfindia.gov.in/site_en/index.php.
  • Click on the ‘Our Services’ tab.
  • Select ‘For Employees’ from the drop-down menu.
  • Click on ‘Member Passbook’ under the Services option.
  • Enter your UAN (Universal Account Number) and password to log in.
  • Once you are logged in, you can view and download your passbook, which includes all the transactions made to your EPF account.

EPF balance check through missed call:

You can also check your EPF balance by giving a missed call to a designated number. To avail of this service, your mobile number should be linked to your UAN, and you should have activated the UAN on the EPFO portal. Follow these steps:

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  • Give a missed call to the number ‘011-22901406’ from your registered mobile number.
  • You will receive an SMS with your EPF balance details.

EPF balance check through SMS:

You can also check your EPF balance by sending an SMS to a designated number from your registered mobile number. Follow these steps:

  • Send an SMS to ‘7738299899’ from your registered mobile number.
  • The message should be in the format ‘EPFOHO UAN ENG’. Here, ‘ENG’ should be replaced with the first three letters of your preferred language, such as ‘HIN’ for Hindi or ‘MAR’ for Marathi.
  • You will receive an SMS with your EPF balance details.

Getting EPF Money in Your Account After Leaving a Job

After checking your EPF balance, if you decide to withdraw the amount, you can do so by following these steps:

1. Download and fill out the EPF withdrawal form:

You can download the EPF withdrawal form from the official website of the EPFO or collect it from the nearest EPFO office. Fill out the form with your personal and employment details, including your name, UAN, PAN, Aadhaar, last working day, and reason for leaving the job. Make sure to mention your bank account details in the form as well.

2. Submit the form:

Submit the duly filled and signed form to the nearest EPFO office. You can also upload the form on the EPFO portal with the relevant documents.

3. Keep track of your application:

You can keep track of your application status on the EPFO portal. Once the application is approved, the withdrawal amount will be credited to your bank account within ten days.

Conclusion

In conclusion, withdrawing your EPF after leaving a job is a straightforward process once you know the steps to follow. However, it is essential to note that you should carefully consider your financial situation before withdrawing your EPF balance. Withdrawing the amount before retirement may affect your retirement corpus, and there can also be tax implications. Therefore, make sure to weigh the pros and cons and seek professional advice if necessary before making any decisions regarding your EPF account.

Summary:

The article explains how to get EPF money in your bank account after leaving a job. It first discusses how to check your EPF balance through different methods, including the EPFO website, missed call, and SMS. After checking the balance, the article suggests three easy steps to withdraw the amount: filling out the EPF withdrawal form, submitting it to an EPFO office, and keeping track of the application. The article concludes with a cautionary note on weighing the pros and cons of withdrawing the EPF balance before making any decisions. The article emphasizes the importance of seeking professional advice to make informed decisions regarding your EPF account.