Some part of the salary of people working in many private and government offices goes into their Provident Fund (PF) account. The company also has an equal share in the PF account. This is about 12 percent of your basic salary and DA. If someone has been working for the last 8 or 10 years, a good amount of money will be deposited in his PF account. This money is there for the time when you need it most. Usually people withdraw this amount completely at the time of retirement, but sometimes in emergency situations they have to withdraw PF money.
Now the question in your mind will be that if you ever have to withdraw money from your PF account in an emergency, how will it happen? Actually, this entire process has now become quite easy and you can complete it in just a few minutes using your mobile phone. Once you complete the process, you will get the money in the next two days.
What is the whole process?
We told you that this process is very easy and will be done in a jiffy. In such a situation, first of all you have to download Umang app in your phone. After this you will get many services here. You go to the search box and type EPFO, after which some options related to PF account will appear. Here you will see the option of claim claim.
After this you have to enter your UAN number and OTP. In the window that opens, you will have to fill some important things. In this you will have to tell why you want to withdraw PF money. Amount will also be asked for. After this you have to click on the submit button and the money will reach your account in the next 24 to 48 hours. You can also do this process by visiting the official website of EPFO www.epfindia.gov.in.