When New Employee fill the details for Form11, does that mean the form can also be used to automatically transfer the PF amount from the previous account to a new one.
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No. Only if you give the old UAN number, then it will automatically transferred to the existing account from the old account while creating the member details in the PF site.
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Ok @C0025 Thank you for clarifying
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Dear community
Hi Community,
Once retired from the Private company, whether the person can hold the amount in PF account due to higher interest or to be withdrawn immediately.
If that retired person not withdrawn the money and kept it in the PF account for three years and above what is the conditions / procedures applies. How they can withdraw? Though it has to be done through online, whether they can get it immediately without any formalities.
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