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PF Death Claim: Every employed person in India has a PF account. The PF account run by the Employees' Provident Fund Organization (EPFO) is a good saving scheme for the future. In which both the employee and the employer contribute.
12% of the salary is deposited in the account. The government also gives good interest on PF accounts. The best thing about a PF account is that the PF account holder can withdraw money from his PF account at any time if needed.
Money can also be withdrawn in case of marriage in the family or in case of ill health of someone. Often this question comes in the mind of the people that if the PF account holder dies then what will happen to that money. So let us tell you who gets the money after death and what is the process of withdrawal.
What if a PF account holder dies unexpectedly? Nomani gets the claim . Then, as per the rules of the Employees' Provident Fund Organization (EPFO), the entire amount of the account is handed over to the nominee. Usually, the nominee is already registered in PF accounts. After this, the nominee can receive a death claim for the amount present in the account of the PF account holder. For this, one has to apply for the claim amount by filling the death claim form available at the post office or the official website of EPFO.
Form 20 has to be filled and submitted
After the death of the PF account holder, his nominee has to fill and submit Form 20 with the complete details of the account holder. Or the form is sent to him by the employer, i.e. the company in which the account holder was last employed. After filling the form with all the documents, it is submitted. Information about the claim is given to the nominee on the given phone number. After the claim is settled, the money is transferred to the given bank account.
These documents must be
For PF death claim, the nominee needs to provide the PF account number, other details of the nominee like name, address, identity card and mobile number as well as some important documents like death claim form, PF account holder death certificate and passbook of the account holder is required. Please note that if the PF account holder does not have any nominee, then the amount is given to the legal heir.
