Introduction
A cancelled cheque image is a digital image of a cheque that has been cancelled by a bank. It is typically used for the purpose of withdrawing funds from a provident fund (PF) account. The cancelled cheque image is used to verify the bank account details of the PF account holder, and to ensure that the funds are transferred to the correct account. The cancelled cheque image is also used to verify the identity of the PF account holder, as it contains the name and address of the account holder.
Cancelled Cheque Image for PF Withdrawal
A cancelled cheque image is a scanned copy of a cheque that has been marked as cancelled by a bank. It is typically used to verify the account details of an individual or business when making a payment or withdrawing funds from a bank account. In the case of a PF withdrawal, a cancelled cheque image is used to verify the account details of the individual making the withdrawal.
Cheque (or) bank passbook image is mandatory to withdraw your PF amount online. When it comes to cheques you can upload an image of blank cheques or cancelled cheques. But is not mandatory to write cancelled on the cheque. But make sure your name is clearly printed on the cheque.
In case if you don’t have a cheque then you can also upload your bank passbook first-page image, (or) apply for a new cheque book from your bank.
Cancelled Cheque Image For PF Withdrawal
What is Meant by Cancelled Cheque in EPF
Whenever you write cancelled on a cheque then it will be called as a cancelled cheque. It will not be used for any transactions.
But the details present on the cancelled cheque like your name, bank name, account number and IFSC code will be used to cross check your bank account details before crediting your PF amount in your bank account.
FAQs on PF Cancelled Cheque
Why cancelled cheque is required for PF withdrawal ?
The main aim of taking the cancelled cheque from the EPF members is to deposit the PF claim amount to the correct bank account number of the employee.
What if the name is not available on a cancelled cheque can i still withdraw my PF?
No, you can’t withdraw PF without name printed on the cheque. If you upload a cheque without name printed on it then your PF claim request will be rejected with a reason of “claim rejected member name not printed on cancelled cheque“
How to get a new cheque book?
You can apply for a new cheque book in your bank, you can request new cheque book from your bank’s internet banking website or by visiting your bank’s branch directly.
What is alternative to cheque for PF withdrawal ?
If you don’t have a cheque, then you can also upload your bank passbook first-page image. If you are uploading your bank passbook then make sure that your bank passbook has a photo with bank seal on it, otherwise your PF claim will be rejected.
Is it mandatory to write cancelled on the cheque for PF?
No, it not mandatory, it is upto you. Eventhouh you don’t write cancelled on the cheque still EPFO will accept your cheque. But make sure the image of the cheque is clear.
Also read
How to Submit a Cancelled Cheque Image for PF Withdrawal
Submitting a cancelled cheque image for PF withdrawal is a simple process that can be done online. It is important to ensure that the cheque image is clear and legible, as it will be used to verify your identity and bank account details. Here are the steps to follow when submitting a cancelled cheque image for PF withdrawal:
Step 1: Gather the Required Documents
Before you can submit a cancelled cheque image for PF withdrawal, you will need to gather the following documents:
- A cancelled cheque with your name and bank account details printed on it
- A valid photo ID (such as a driver’s license or passport)
- Proof of address (such as a utility bill or bank statement)
Step 2: Upload the Documents
Once you have gathered the required documents, you can upload them to the PF withdrawal portal. Make sure that the cheque image is clear and legible, as it will be used to verify your identity and bank account details. You may also be asked to provide additional documents, such as a PAN card or Aadhaar card.
Step 3: Submit the Documents
Once you have uploaded the documents, you can submit them for review. The PF withdrawal portal will review the documents and verify your identity and bank account details. Once the documents have been approved, you will be able to proceed with the PF withdrawal process.
Step 4: Receive the Funds
Once the documents have been approved, you will receive the funds in your bank account. The funds will usually be transferred within a few days, depending on the bank. Once the funds have been transferred, you can use them for whatever purpose you need.
Conclusion
Submitting a cancelled cheque image for PF withdrawal is a simple process that can be done online. Make sure that the cheque image is clear and legible, as it will be used to verify your identity and bank account details. Once the documents have been approved, you will receive the funds in your bank account.
