Download 19 Form: How to Withdraw Your EPF Online
If you are a salaried employee in India, you must be familiar with the Employees' Provident Fund (EPF), which is a retirement savings scheme that deducts a certain percentage of your salary every month and deposits it in your EPF account. Your employer also contributes an equal amount to your EPF account. You can withdraw your EPF balance when you retire, resign, or become unemployed for more than two months.
But how do you withdraw your EPF balance? You need to fill and submit a form called Form 19, which is a claim form for withdrawing your EPF balance. In this article, we will tell you everything you need to know about Form 19, such as what it is, why you need it, how to download it, how to fill it, and how to submit it.
download 19 form
What is Form 19?
Form 19 is a form that you need to fill and submit to withdraw your EPF balance when you leave your job. It is also known as PF Withdrawal Form or Final Settlement Form. It contains details such as your name, date of birth, mobile number, UAN (Universal Account Number), bank account number, IFSC code, date of joining and leaving the service, reason for leaving the service, PAN (Permanent Account Number), and Form 15G/15H (if applicable).
Why do you need Form 19?
You need Form 19 to claim your EPF balance, which is a retirement savings scheme for salaried employees in India. EPF is a mandatory deduction from your salary that is deposited in your EPF account every month. Your employer also contributes an equal amount to your EPF account. You can withdraw your EPF balance when you retire, resign, or become unemployed for more than two months.
Withdrawing your EPF balance can help you meet your financial needs, such as paying off debts, buying a house, funding your education, or starting a business. However, you should also be aware of the tax implications and the benefits of keeping your EPF account active for the long term.
How to download Form 19?
You can download Form 19 from the official website of the Employees' Provident Fund Organisation (EPFO) at www.epfindia.gov.in. You can also get Form 19 from your employer or the nearest EPFO office.
To download Form 19 from the EPFO website, you need to follow these steps:
Visit the EPFO website at www.epfindia.gov.in and click on 'Our Services' and then 'For Employees'
Under 'Services', click on 'Forms' and then 'Form 19'
A PDF file of Form 19 will open in a new tab. You can save it or print it as per your convenience.
How to fill Form 19?
To fill Form 19, you need to provide the following details:
Your name, date of birth, mobile number, and UAN (Universal Account Number)
You need to write your name as per your EPF records, your date of birth as per your Aadhaar card, your mobile number for communication, and your UAN, which is a 12-digit number that is unique to every EPF member. You can find your UAN on your payslip or by logging in to the EPFO portal.
Your bank account number, IFSC code, and a cancelled cheque
You need to write your bank account number and IFSC code where you want to receive your EPF balance. You also need to attach a cancelled cheque of the same bank account as a proof of your bank details.
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Your date of joining and date of leaving the service
You need to write the date when you joined and left the service of your last employer. This will help the EPFO to calculate your EPF balance and eligibility for withdrawal.
The reason for leaving the service (such as resignation, retirement, etc.)
You need to write the reason why you left the service of your last employer. This will help the EPFO to verify your claim and process it faster.
Your PAN (Permanent Account Number) and Form 15G/15H, if applicable
You need to write your PAN and attach a copy of it along with Form 19. PAN is a 10-digit alphanumeric number that is issued by the Income Tax Department. You also need to fill and attach Form 15G/15H, if applicable. Form 15G/15H are self-declaration forms that are used to avoid tax deduction at source (TDS) on your EPF withdrawal. You can use Form 15G if you are below 60 years of age and Form 15H if you are above 60 years of age. You can use these forms only if your total income is below the taxable limit and your EPF withdrawal is more than Rs.50,000.
Your signature and date
You need to sign and date Form 19 at the bottom. You also need to get it attested by your employer or any authorized official of the EPFO.
How to submit Form 19?
You can submit Form 19 online or offline. To submit Form 19 online, you need to follow these steps: Log in to the EPFO portal at www.epfindia.gov.in with your UAN and password
You need to log in to the EPFO portal at www.epfindia.gov.in with your UAN and password. If you do not have a password, you can create one by clicking on 'Forgot Password' and following the instructions.
Go to the 'Online Services' section and click on 'Claim (Form-31, 19 & 10C)'
After logging in, you need to go to the 'Online Services' section and click on 'Claim (Form-31, 19 & 10C)'. This will take you to a page where you can view your EPF details and claim status.
Verify your bank account details and KYC (Know Your Customer) documents
Before submitting your claim, you need to verify your bank account details and KYC documents, such as Aadhaar, PAN, etc. You can do this by clicking on 'Verify' under each section. If your details are not verified, you need to update them by clicking on 'Manage' and following the instructions.
Select 'PF Advance (Form 31)' or 'PF Withdrawal (Form 19)' as per your requirement
After verifying your details, you need to select the type of claim you want to make. You can choose between 'PF Advance (Form 31)' or 'PF Withdrawal (Form 19)'. PF Advance is for partial withdrawal of your EPF balance for specific purposes, such as medical emergency, marriage, education, etc. PF Withdrawal is for full withdrawal of your EPF balance when you leave your job.
Fill in the required details and upload the scanned copy of Form 19
After selecting the type of claim, you need to fill in the required details, such as the purpose of withdrawal, the amount of withdrawal, etc. You also need to upload the scanned copy of Form 19 that you have filled and signed. You can upload the file in PDF or JPG format and the size should not exceed 1 MB.
Click on 'Submit Claim' and take a printout of the acknowledgement slip
After filling in the details and uploading the form, you need to click on 'Submit Claim' and agree to the terms and conditions. You will receive an OTP (One Time Password) on your registered mobile number. You need to enter the OTP and confirm your submission. You will then get an acknowledgement slip that contains your claim reference number. You can take a printout of the slip or save it for future reference.
To submit Form 19 offline, you need to follow these steps:
Fill in the hard copy of Form 19 and attach the required documents such as cancelled cheque, PAN card, etc.
Submit the form and documents to your employer or the nearest EPFO office
Get a receipt of your submission and track the status of your claim online or through SMS or email
Conclusion
In this article, we have explained how to download, fill, and submit Form 19 for withdrawing your EPF balance online or offline. We hope that this article has helped you understand the process and requirements of Form 19. If you have any questions or doubts regarding Form 19, you can contact the EPFO helpline at 1800-118-005 or visit their website at www.epfindia.gov.in. You can also check out some FAQs below for more information.
FAQs
Q: How long does it take to process Form 19?
A: It usually takes around 15-20 days to process Form 19 and credit your EPF balance to your bank account. However, it may vary depending on various factors such as verification of documents, workload of EPFO office, etc.
Q: How can I check the status of my Form 19 claim?
A: You can check the status of your Form 19 claim online by logging in to the EPFO portal at www.epfindia.gov.in and clicking on 'Track Claim Status'. You can also check it through SMS by sending EPFOHO UAN LAN to 7738299899 or through email by sending an email with subject 'EPF Status' to epfoho@epfindia.gov.in.
Q: What are the tax implications of withdrawing EPF balance?
A: The tax implications of withdrawing EPF balance depend on various factors such as your age, service period, amount of withdrawal, etc. In general, the following rules apply:
If you withdraw your EPF balance before completing five years of continuous service, it will be taxable as per your income tax slab rate. You will also have to pay a 10% TDS (Tax Deducted at Source) on the withdrawal amount, unless you submit Form 15G/15H.
If you withdraw your EPF balance after completing five years of continuous service, it will be exempt from tax. However, if your withdrawal amount exceeds Rs.50,000, you will have to pay a 10% TDS, unless you submit Form 15G/15H.
If you withdraw your EPF balance due to certain reasons such as illness, disability, death, etc., it will be exempt from tax regardless of your service period.
Q: What are the benefits of keeping my EPF account active?
A: Keeping your EPF account active has many benefits, such as:
You can earn interest on your EPF balance, which is compounded annually and credited to your account every year. The current interest rate for EPF is 8.5% for the financial year 2020-21.
You can avail of various schemes and benefits under the EPFO, such as pension, insurance, medical assistance, housing loan, etc.
You can transfer your EPF balance from one employer to another when you change your job, without any hassle or tax liability.
You can save tax on your EPF contributions under Section 80C of the Income Tax Act, up to a limit of Rs.1.5 lakh per year.
Q: What are the alternatives to withdrawing EPF balance?
A: If you do not want to withdraw your EPF balance, you can opt for other alternatives, such as:
You can leave your EPF account as it is and let it grow with interest until you retire or need it for any emergency.
You can partially withdraw your EPF balance for specific purposes such as marriage, education, medical treatment, etc., by filling Form 31 and submitting it online or offline.
You can invest your EPF balance in other schemes such as National Pension System (NPS), Public Provident Fund (PPF), Mutual Funds (MFs), etc., to diversify your portfolio and earn higher returns.
I hope this article has helped you understand how to download 19 form and withdraw your EPF balance online or offline. If you have any feedback or suggestions, please feel free to leave a comment below. Thank you for reading! 44f88ac181
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