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PF money settlement within 10 days
Posted on: 18/May/2017 11:30:48 AM
The number of days taken to release Provident Fund withdrawal from the employee provident fund account has now reduced.
EPFO (Employees Provident Fund Organisation) reduced the then prevailing system of 45 days to process PF amount withdrawal to 20 days during July 2015.
Now, EPFO has informed that this will be further reduced to 10 days minimum to 15 days maximum.
EPFO had introduced the facility for online application for PF settlement.
In a separate press release, EPFO is set to improve the facilities for the subscribers and assured that PF settlement applications will be cleared in 10 days. Other complaints will take up to 15 days.
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