I worked with 2 companies & I got 2 PF accounts. Now I am joined a new company.
Whether I can use any one of these 2 PF a/c in the new employement?
Also,how to transer the Pf from one to another?
2006-07-12 22:03:35 · 6 answers · asked by George 1 in Local Businesses ➔ India ➔ Chennai
You should maintain one PF A/c and have the balance transferred from all the earlier a/cs to this latest a/c.
For transferring the amount outstanding from earlier a/cs to the latest a/c, seek assistance of the accounts department of your current employer.
2006-07-13 03:30:39 · answer #1 · answered by helpaneed 7 · 2⤊ 1⤋
My suggestion is - withdraw both old PFs and invest somewhere else (in a PPF account and a hybrid fund).
Though you have the option of continuing the last PF account to new company, it may take a lot of time (in my case, it took 1 year to transfer PF from old to new account).
2006-07-14 02:17:13 · answer #2 · answered by skdonweb 4 · 0⤊ 0⤋
interest will be paid till eventually the time the quantity is transferred. if the quantity is transferred from one account volume to a unique - you received't loose pension ans you're nevertheless enrolled int he scheme. pl do no longer hardship for the same. PF move frequently takes 6 to 9 months from the date of software. there'll be 3 copies of sort 13 required to be filled in.
2016-11-06 07:33:26 · answer #3 · answered by tito 4 · 0⤊ 0⤋
Suggest u shud close the first one and 2nd one you can transfer thru Form 13. But tht will take atleast more thann 3 months within d state and 6 Mths outside the state
2006-07-16 23:31:10 · answer #4 · answered by gs v 1 · 0⤊ 0⤋
You can continue only last PF a/c.............n 1st a/c u have to xfer in this a/c.
2006-07-12 22:13:06 · answer #5 · answered by Anonymous · 0⤊ 0⤋
make a conduct to the providund fund office
2006-07-14 22:08:00 · answer #6 · answered by smile santosh 3 · 0⤊ 0⤋