Scheme certificate form 10c

• What is EPF Form 10C? • How to Fill Form 10C? • Contents of Form 10C • Documents Required for EPF Form 10C • Attestation for EPF Form 10C • Eligibility and Benefits of EPF Form 10C for Members • Frequently Asked Questions What is EPF Form 10C? Under the The EPF form 10C is a form that needs to be filled out under the How to Fill Form 10C? You can fill out Form 10C online or offline. In the case of offline mode, you can download the Form 10C PDF from the Employees’ Provident Fund’s official website and submit the same with other necessary documents to the nearest EPFO office. You can also get the form from your nearest centre. To fill it out online, you can follow the following steps. • Visit the • From the menu bar on top, choose the ‘Online Services’ option and click on ‘Claim Form 10C, 19 and 31’ from the given options. • Verify your employment, • For verification, input the last four digits of your bank account number. • Click and agree to the terms and conditions of the ‘Certificate of Undertaking’. • On the bottom of the next page, press ‘I want to apply for’ and choose ‘Only Pension Withdrawal Form 10C’. • Fill in your complete address and click on ‘Get Aadhaar OTP’. • Enter the OTP received on your registered mobile number and verify it by clicking on ‘Validate OTP and Submit Claim Form’. • After the completion of this process, you will receive an SMS regarding it. You will receive the withdrawal amount in your bank account within a few days. Contents of Form 10C ...

EPF Form 10C is a claim form for those who wish to withdraw funds from their PF account under the Employee’s Pension Scheme. If you’ve left your job and have either taken early retirement or retired at 58 years of age, Form 10C can be used for withdrawal benefits or Scheme Certificate. Let’s learn how to fill Form 10C and more in this post. What is Form 10C? Form 10C is used when an employee enrolled with the EPS or the Employee Pension Scheme (under the EPF) wishes to withdraw funds from the account or to get the EPS Scheme Certificate. This is The purpose of the EPF Form 10C, when to use and by whom are all tabulated below: Particulars Details Purpose For pension withdrawal or for EPF Scheme Certificate Eligibility 1) EPS member who has: a) left job before completion of 10 years of service b) left job after 10 years of service but is less than 50 years old or is 50 years or more but less than 58 years (and not willing for reduced pension) c) attained 58 years of age (irrespective of current employment status) 2) Family/nominee/legal heir of the deceased EPF member who dies after 58 years of age but didn’t complete 10 years of service Mode Online (and offline using the Composite Claim Form) When to fill? Upon leaving job/ retirement Disclaimer: A member, who has left the service on account of total and permanent disablement, irrespective of his age and period of service, is eligible for monthly disablement pension and should apply for pension through Form 10D. (As per the...

Table of Contents • • • • • An Indian salaried individual can use form 10C to withdraw the amount accumulated as pension under the EPS or When the employee decides to switch jobs, he/she can either remove the pension sum or transfer to a new account by tendering the EPS scheme certificate. So, to withdraw the EPS amount or to furnish the EPS scheme certificate, the employee needs to fill up form 10C. Let us discuss how to fill form 10C online. What is Form 10C? When you wish to claim benefits via the EPS, you must fill out and file Form 10C. To put it in layman’s words, the worker has a private pension that he maintains protected with the state for his future. If the person changes jobs, they can transfer the same profile to their new employer. Nevertheless, if the worker is unable to find work, they may seek for withdrawing cash. Therefore, to receive the Who can Apply for Form 10C? You are eligible to apply if: • If you quit your job before the end of your ten-year term and passed the era of 58 well before the end of your ten-year term. • A participant who has finished ten years of service however has not passed the era of 50 or an individual who is amidst the ages of fifty and fifty-eight and is unwilling to accept a lower retirement income. • Candidate of a person who deceased before completing a decade of service and was over the threshold of fifty-eight at the moment of death. When to Use Form 10C? Form 10C happens to be a document that must be completed and presente...

EPF Form 10C – Benefits, Eligibility & Documents An Employees’ Pension Fund (EPF) or An EPF certificate provides the employment details of an individual – his/her service period and family members who will benefit from this scheme in case of the death of an employee. When an individual retires from a company, they can either carry forward their EPF Form 10C. How to Fill 10C Form? Form 10C can be filed both online and offline. These are the steps needed to follow to file the online form, post visiting the official website of Employees’ Provident Fund – Step 1 –Scroll down to the Employers Portal tab and click on it. Step 2 –In the next page, enter your UAN number and password in the Username and password section. Step 3 –Select the tab “Online Services” from the menu bar at the top. Step 4 –Click on ‘Claim Form 10C, 19, and 31’ from the dropdown menu. Step 5 –Check your employment, KYC, and member details on the next page. Step 6 –Enter the last 4 digits of your registered bank account for verification. Step 7 –Agree to the terms and conditions of “Certificate of Undertaking”. Step 8 –Go to the bottom of the next page and click on the “I want to apply for” and select “Only Pension Withdrawal Form 10C”. Step 9 –Select the “Get Aadhaar OTP” button after entering your address. Step 10 –You will receive an OTP which you need to put in your form and click on “Validate OTP and Submit Claim Form”. After completion of the EPF withdrawal form 10Cfiling process, you will receive an S...

What is the use of Form 10C in PF?: At the time of leaving a job, one may either get the employee provident fund (EPF) balance transferred to the new employer or withdraw the PF balance. But, PF is only one part of the employee’s retirement kitty, the other part is the Employees’ Pension Scheme (EPS) which is meant for pension during retirement years. Along with EPF, there are funds in the EPS which the employee can either withdraw or carry-over to the new employer. Carrying-over of EPS money is possible through something called ‘Scheme Certificate’. Both, the options – Withdrawal of EPS money or opting for Scheme Certificate is available in Form 10C. “Before attaining the age of 50 a member may either withdraw or can process for scheme certificate and one can enjoy scheme certificate and then again become a regular member of EPS till attaining the age of 58,” says Prashant Singh, Business Head – Compliance and Payroll Outsourcing, TeamLease Services. One can use the Composite Claim Form ( Aadhaar/Non-Aadhaar) that EPFO currently uses for such cases. If you opt for Scheme Certificate, the EPFO will keep a record of it and will accordingly work out the number of years of service. Therefore, after leaving a job, if you wish to withdraw EPS money or opt for Scheme Certificate, make sure you have filled the Form 10C. SBI Fixed Deposit Interest Rate jumped to 10.5% in past. Know interesting history as HDFC Bank changes rates According to Singh, the following claims can be made ...

The Under the scheme, the employees contribute 12% of the monthly salary (basic + dearness allowance) to the EPF account. The employer also contributes 3.67% of the employees salary to EPF and 8.33% to EPS (Employee Pension Scheme). EPF contributions earn a fixed rate of interest which is reviewed by the government every year. EPS contributions, on the other hand, help employees receive a pension after retirement. However, if an employee is unable to find another job after leaving the current job, there is also an option to withdraw the accumulated pension amount and still retain EPFO membership by using Form 10C. What is EPF Form 10C? Employees whod like to withdraw their pension amount in certain cases without fulfilling the basic withdrawal criteria can use Form 10C for withdrawal. The form can be filled and submitted online or offline for requesting the pension amount. Apart from the duly-filled form, the applicants also need to submit a few documents to get the application processed. If the application is in order, the EPFO can take 5-30 days to deposit the pension amount into the registered bank account of the employee. What are the Benefits of Form 10C? To understand the benefits, you should first understand the eligibility criteria of Form 10C. There are three different sets of criteria as follows- Eligibility Criteria I of Form 10C • Employee who has left the job before completing 10 years of active service • Employee who is 58 years old before completing 10 years...