How to Transfer Your Employee Provident Fund?

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

 

 

Let us consider that you have joined a new organization. You will be allotted a new PF account number. This is in the form of alphabets and numeric's. The first two letters indicate the regional PF Office which is in charge of your account. The next five digits are the employer's code followed by the employee's code. The HR Department of your new company will give you a new EPF Form to fill. You will also be provided with a form 13 necessary to transfer your balance from the previous account to the new account. You have to fill in the details of your previous organization, Your previous EPF Number, and the regional provident fund office. Your HR will then fill in the relevant details of your current organization along with the new PF Number to the regional PF Office where your current organization holds its account. This regional office gets in touch with your previous regional PF office to effect the transfer which should take around 30 days. You must be wondering what happens if you do not transfer the balance from your previous account to the current account. You would then lose out on the interest offered on your earlier account. Interest is not offered on inoperative accounts which are defined as those in which no contributions are made for at least three years. You must be knowing that the EPFO charges 1.1% as administration charges taken from your employer. In the absence of contributions made by your employer EPFO would have to bear the charges itself. You must be knowing that if your service period is less than 10 years you can transfer the EPS Portions by obtaining a scheme certificate or you can even withdraw your EPS Corpus. This withdrawal option ceases to exist once the service period crosses 10 years.

 

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax Plan Invest Online
2. HDFC TaxSaver Invest Online
3. DSP BlackRock Tax Saver Fund Invest Online
4. Reliance Tax Saver (ELSS) Fund Invest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) Fund Invest Online
7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFunds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund