Withdrawing from a commercial property's Provident Fund (PF) account can be done by following the steps here:
Determine if you meet the criteria for PF withdrawal from a commercial property, such as closure of the business, cessation of employment, or retirement.
Collect the necessary documents, including your PF account number, Aadhaar card, PAN card, bank account details, and PF withdrawal forms (Form 19 and Form 10C) from the EPFO website.
Fill out the PF withdrawal forms with accurate information, including your personal details, PF account number, reason for withdrawal, and other required details.
Submit the completed forms and supporting documents to your employer, who will verify the details and forward them to the regional EPFO office.
The EPFO will process your PF withdrawal request. The processing time may vary, and you can track the status of your application through the EPFO website or by contacting the regional office.
Once your PF withdrawal request is approved, the EPFO will transfer the funds to your registered bank account, and you will receive a confirmation of the credited amount.
I hope this helps you out.
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How to do PF withdrawal for commercial property?
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2023-05-14T20:57:18+00:00 2023-05-15T11:20:23+00:00Comment
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