Do not forget this work of EPF account after changing job, otherwise you will suffer big loss.

EPFO Fund Transfer: On changing jobs, it is necessary to transfer the Employee Provident Fund balance from the old company to the new company. If you do not transfer PF balance for a long time, your EPF account becomes a doormat. That means it does not remain active and after some time interest on it also stops. To avoid all these problems, the EPF balance should be transferred to the new company as soon as the job is changed.

This is necessary to transfer PF

According to EPFO, it is mandatory for the employer (company) to mention the last date of exit to transfer the EPF balance. Without this, PF cannot be transferred.

EPFO rules

For online transfer, the last date of employment in your account can be updated only after two months of change of job. This process will have to be done by your old company. In which KYC is necessary. Your Universal Account Number (UAN) must be verified with Aadhaar and mobile number linked to Aadhaar.

manual update possible

Employees themselves can update the last date of leaving the old job on the EPFO ​​site. If your old employer or company does not update the ‘Date of Exit’ then the employee can update it himself by visiting the online portal.

Update the ‘Exit Date’ as follows

1. Go to EPFO ​​Unified Portal and login with UAN and password.

2. Click on Manage tab and select Mark Exit option.

3. Select old PF account number from the dropdown.

4. Enter the end date on Date of Exit option. Enter the OTP sent to the mobile number linked to Aadhaar and submit. Please note that once the ‘Date of Exit’ is updated it cannot be changed later.

How to check whether EPF has been transferred or not?

• According to EPFO, you can check your PF balance by looking in the passbook. For this, first of all login to EPFO ​​portal with UAN and password.
• Go to View menu and select Passbook option.
• Log in again with your UAN and password.
• View all MID (Member ID) passbooks.
• If the balance is transferred, it will be shown as a credit entry in the PF account of the new company. if balance If transfer is not made, the balance will be visible in the PF account of the old company.

PF balance transfer necessary

Your balance will have to be transferred from the old company to the new company. This will increase the basic amount of your PF. Be entitled to receive interest on time. Also, there will be no problem in future also.