In How Many Days PF Amount Get Credited After Claim Settled

Introduction

The question of how long it takes for a PF amount to be credited after a claim is settled is an important one for many people. It is important to understand the process and the timeline involved in order to ensure that the money is received in a timely manner. This article will provide an overview of the process and timeline for PF amount to be credited after a claim is settled. It will also provide information on the various factors that can affect the timeline and the steps that can be taken to ensure a speedy resolution.

In How Many Days PF Amount Get Credited After Claim Settled

The amount of time it takes for a PF amount to be credited after a claim is settled depends on the type of claim and the process followed by the employer. Generally, it takes around 15-20 days for the amount to be credited.
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If your claim status is showing settled (or) if you have received a text message that your claim has been settled then within 1-3 banking working days your PF amount will be credited into your bank account.

If your PF amount isn’t credited to your bank account even after 3 days then there may be a problem with your bank details like your bank account number or IFSC code. So you have to check whether you have updated the correct bank details in the UAN member portal or not.

In How Many Days PF Amount Get Credited for Different EPF Claims

Claim Type Claim Settlement Days Days to Credit Money After Claim Settlement
For full PF & pension withdrawal (Form 19&10C) 5-20 Days 1-3 Days
PF Advance with COVID 19 reason (Form 31) 3-20 Days 1-3 Days
PF advance with illness 5-10 Days 1-3 Days
For other PF advance reasons Maximum 20 Days `1-3 Days
PF Details Correction Online 7-10 Days
PF correction by submitting Joint declaration form 30 Days

Read: What to do if your PF amount is settled but not credited in bank account.

FAQs

Whom should I contact if my PF amount is not credited in my bank account?

You don’t need to contact any one, just check your bank details like a/c number and IFSC code in the UAN member portal. If they are wrong the PF amount will return to your PF account within 7-10 days.

What is the best way to get back my uncredited PF amount?

You can submit a PF reauthorization form to your PF office (or) correct your bank details on the UAN member portal and ask your employer to approve them. After their approval, reclaim your PF amount.

What is the PF reauthorization form?

PF reauthorization form is used to reapply for PF amount with correct bank details. On PF reauthorization form you need to write correct bank details and attach bank passbook copy or cancelled cheque. This form should be submitted to your regional PF office.

What to do If my uncredited PF amount doesn’t return to my PF account even after 10 days?

Register a complaint on EPF grievance portal website, they will update the exact status of your PF amount

Can I withdraw my PF amount immediately after resignation?

No, You are able to withdraw your full PF and pension amounts only after 2 months from your last working date. But you can withdraw PF advance amount at any time.

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When it comes to getting your PF amount credited after a claim is settled, the answer depends on a few factors. Generally, it takes anywhere from a few days to a few weeks for the amount to be credited to your account. The exact timeline depends on the type of claim you have filed, the processing time of the EPFO, and the bank you have chosen for the transfer.

If you have filed a claim for withdrawal of your PF amount, it usually takes around 10-15 days for the amount to be credited to your account. This is because the EPFO needs to verify the details of the claim and process the request. Once the request is approved, the amount is transferred to your bank account.

If you have filed a claim for transfer of your PF amount, it usually takes around 15-20 days for the amount to be credited to your account. This is because the EPFO needs to verify the details of the claim and process the request. Once the request is approved, the amount is transferred to your new bank account.

If you have filed a claim for withdrawal of your PF amount for medical treatment, it usually takes around 20-25 days for the amount to be credited to your account. This is because the EPFO needs to verify the details of the claim and process the request. Once the request is approved, the amount is transferred to your bank account.

In some cases, the amount may take longer to be credited to your account. This could be due to delays in processing the claim or due to technical issues. If you have not received your PF amount within the expected timeline, you should contact the EPFO to check the status of your claim.

Jaspreet Singh Ghuman

Jaspreet Singh Ghuman

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