Skip to main content

How to Apply for PF withdrawal App on UMANG App:



How to Apply for PF withdrawal App on UMANG App:
---------------------------------------------------------------------------------------
Gone are the days ,when we used to fill a big form of PF and had to queue yourself with “sarkari BABU and mind all of us it’s time of  crisis ridden pandemic ,Hence government too is thinking something out of box to ease out liquidity crisis either due to loss of job or circumstantial reasons
In the wake of covid 19, EPFO to ease liquidity woes of salaried class has allowed covid 19 non refundable withdrawal facility .And this can be up to a maximum of 75% of balance of the subscriber or up to three month’s contribution i.e basic wages and dearness, whichever is less. For the benefit, the EPFO has not come with any timeline and the facility of pandemic withdrawal facility can be claimed until the pandemic lasts.
Here is also a provision to Apply for the pandemic withdrawal claim facility from the UMANG application other then the unified EPFO portal.
UMANG portal is platform which can be used to access e-government services and users willingness to download the app can give a missed call on 9718397183.Alxo the app can be downloaded from the UMANG website..

How to claim Pandemic Advance facility on UMANG App?
1)    You need to visit the APP of UMANG .
2)    GO to EPFO
3)   Select Request for Advance Covid !9
4)   Now you need to enter UAN and click on to get OTP for one time password.
5)   Herein you can login account using last four digit of your account and select member ID.
6)   Click on the tab saying Process for claim.
7)   Now you need to enter your address.
8)   And you need to upload the image of your cheque with your bank account number and name on it
This completes your filling process successful.
And if there is any discrepancy in any of your details, you first need to rectify your EPFO details on the WEB in record.
Also if you have more than two UAN then it will be best to consider transferring all the previous PF account number into the current account to the Current UAN. And then after you file the transfer claim, you can make a more advance claim
Employee with UAN number and AADHAR linking and relevant document found the online withdrawal process extremely convenient and speedy while those where the records showed discrepancy had to first ensure that requisite steps for KYC Aadhar linking were done and then apply for withdrawal.


Comments

Popular posts from this blog

STOCK CHART PATTERNS

  Stock chart patterns   are simply a visual representation of the prices buyers and sellers bought and sold at in the past. There is no magic in a chart pattern they just show you what happened in the past and what has a higher probability of happening in the future. The best use of chart patterns is to take a wider view of the trend on your time frame of choice and follow the path of least resistance.  A chart pattern can show that a stock is in a range with defined resistance and support. A chart could also show an uptrend of higher highs and higher lows or a downtrend of lower highs and lower lows. Stock chart patterns signal whether a stock is under accumulation or distribution or just trading in a defined price range.  The most popular use of stock chart patterns is for breakout trading signals as the probability increases of a move in a specific direction after a price breakout of a previous support or resistance. They are basically momentum indicators. The va...

FLOAT IN STOCK MARKET

  Float in a stock is the number of shares of a company that is currently trading publicly on the exchange and is available for traders and investors to buy and sell. The stock float is calculated by taking a company’s total issue of outstanding shares and subtracting any restricted stock. Pre IPO investors, employees and founders can’t sell their restricted shares because they can be in a lock-up period for a time following the IPO usually between 90-180 days. Executives and insiders many times can also be restricted from selling shares around earnings announcement dates.  This occurs when an insider could have knowledge of information not public yet where the sale of shares could be considered insider trading in a legal sense. A company’s float is an important metric to show the liquidity of shares for a company. It can show the supply of shares on the open market and give a clearer view of supply and demand. Share float is the shares traded on the stock exchanges and price ...

Golden Cross Stock Trading Strategy

  he Golden Cross stock trading strategy is an example of a simple long term trend following system. This is one of the most popular and famous bullish moving average crossover signals that is watched and talked about on financial media when they occur on major indexes. The second most popular being the loss of the 200-day moving average on a stock market index like the S&P 500 or the Dow Jones Industrial Average. The Golden Cross happens on a stock chart when the 50-day simple moving average crosses over the 200-day simple moving average and stays above until the end of the day. This signal has you go long when the 50-day simple moving average closes above the 200-day simple moving average and takes you back to cash when the 50-day SMA closes back under the 200-day SMA which is signaling the Death Cross. The inverse of the bullish Golden Cross is the bearish Death Cross which is a signal to exit long positions or a short selling signal. This trading strategy is best compared t...