PF Transfer Form

Know how to transfer PF easily using the PF transfer form.
PF Transfer Form
4 mins
17 February 2024

Employees who are looking to change or have joined a new company, understanding the process of transferring Provident Fund (PF) from the previous to the current employer is very important. In this article, we will provide information on PF transfer forms, downloading procedures, online and offline PF transfer. Understanding these aspects will help ensure a smooth transfer of PF and minimise any inconvenience.

EPF Form 13 is a transfer form provided by Employees' Provident Fund Organisation, which is available both online and offline. Just fill out the PF Transfer Form 13 and submit it to initiate the EPF account transfer.

Calculation of Provident Fund on salary

To understand this better, consider these two crucial factors:

  • EPF account (Employee Provident Fund): This is the account where both the employee and employer make equal contributions of the employee’s basic salary.
  • EPS account (Employee Pension scheme): In this account, your employer puts in some money from the total EPF amount they are supposed to contribute.
    The Provident Fund deduction from salary is 12%, with both employer and employee contributing equally.

Employee's entire 12% goes to the EPF account, while the employer contributes 3.67% to EPF and 8.33% to the EPS account.
Employers' total 12% contribution is divided between EPF (3.67%) and EPS (8.33%).

Steps for PF transfer online

  1. Log in to the EPFO members portal using your UAN number and password.
  2. After login, select 'One Member – One EPF Account (Transfer Request)' under online services.
  3. Verify personal information and PF account for present employment.
  4. Click on ‘Get details’ to view PF account details of previous employment.
  5. Choose either previous or current employer for claim attestation based on authorised signatory availability.
  6. Click on 'Get OTP', enter the received OTP, and click on 'Submit'.
  7. After submission, note the tracking ID and PF account details. Take a printout of Form 13 and sign it.'
  8. Submit the signed form to your employer within 10 days for further processing and approval by both the employer and EPFO.
  9. Once approved you will receive a confirmation SMS for the same.

Offline process for PF transfer

  1. Complete the printed Form 13 in detail and submit it to the current employer.
  2. The current employer then submits the form to the EPF office, which then sends it to the applicant’s previous employer for verification and attestation.
  3. Upon receiving the verified and attested copy from the previous employer, the EPF office initiates the transfer of the balance from the previous EPF account to a new EPF account.
  4. In the offline PF transfer method, the applicant is not required to provide their UAN and Aadhaar Card number.
  5. UAN (Universal Account Number), provided by EPFO, serves as a single identification number for multiple employee IDs given to the same individual.

Information or documents to prepare before online PF transfer

Before initiating the online PF transfer through the 'Unified Portal, website' ensure the following:

  • Activate UAN on the EPF portal, and ensure the mobile number used for activation should be active.
  • Link your bank account and IFSC code to your UAN. It is not mandatory to link Aadhar number and PAN to UAN for transfer claims.
  • Ensure the employer has approved the e-KYC.
  • Confirm that the previous/current employer has digitally registered authorised signatories in EPFO.
  • Enter the PF account number for both previous and current employment in the EPFO database.
  • Check that your personal details and PF account information in EPFO are accurate.

Documents required for EPF transfer

  • ID proof (PAN card, Aadhaar card, or driving licence)
  • UAN (Universal Account Number)
  • Bank account details
  • PF account number
  • Current and old PF account details
  • Current employer's details
  • Establishment number

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Conclusion

Form 13, mandatory document for PF transfer, facilitates a smooth transition between existing and new employers. It simplifies the PF transfer process whether done online or offline. Understanding the calculation of Provident Fund deductions ensures clarity for both employees and employers.

Frequently asked questions

What is Form 13 for Provident Fund transfer?

Form 13 is used for Provident Fund transfer, allowing employees to request the transfer of their PF balance from one employer to another.

Is Form 13 mandatory for PF transfer?

Form 13 is mandatory for PF transfer, and it needs to be filled out and submitted to the respective EPFO office for processing.

How many days does it take for PF to transfer?

The duration for PF transfer varies, but it typically takes around 20 days for the transfer process to be completed by the EPFO.

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.