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Recently I have changed my job. I closed my PF a/c with previous employer. Now current employer deducts my PF every month but yet I have not received any form to open account nor a form to declare my nominee. What shall it be ? Please explain!

2007-03-16 02:45:48 · 3 answers · asked by Anonymous in Business & Finance Other - Business & Finance

3 answers

IT IS VERY SIMPLE. ASK YOUR CURRENT EMPLOYER TO GIVE YOU LATEST STATEMENT OF YOUR P.F.ACCOUNT. IT WILL BE HAVING YOUR P.F.ACCOUNT NUMBER AND LATEST BALANCE. COMPARE WITH DEDUCTIONS MADE FROM YOUR SALARY. IF THE BALANCE IS O.K.
SEND ONE APPLICATION REQUESTING NOMINATION FORM QUOTING YOUR P.F.ACCOUNT NUMBER TO YOUR P.F. CELL OF YOUR COMPANY. WHEN YOU RECEIVE THE SAME FILL IT AND POST IT MENTIONING YOUR NOMINEE NAME AND OTHER PARTICULARS. SO SIMPLE. IS IT NOT?

2007-03-16 02:56:02 · answer #1 · answered by arpita 3 · 0 0

Check with your current employer what is he doing with your P.F. if he is saving in an account, PPF or EPF or Post Office P.F , then you should get the account No. Is he is keeping it with himself then you will have no legal hold on the amount. P.F. account be started very eacily in a Post Office and inform your employer to put the money in that account. Remember PF is employee's money and the passbook shouls be with the employee.

2007-03-16 11:46:15 · answer #2 · answered by Anuj P1952 3 · 0 0

That money should be for your old age.

2007-03-19 07:32:32 · answer #3 · answered by geet 4 · 0 0

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