EPF Withdrawal Form 31

Introduction 

EPF Withdrawal Form 31 is used to withdraw the employees provident fund in their specific bank account. This withdrawal can be done partially through this EPF Form 31. However, there are some important points one needs to keep in mind related to documentation, process, withdrawal limit, taxation rules and other instructions & guidelines by the government. In this blog, you'll get complete details related to EPF Form 31 to withdraw the Provident Fund.

EPF Form 31 

EPF Form 31 is used to withdraw the PF Amount. It can be withdrawn partially However there are some conditions when someone withdraws their PF amount. Following is the list of circumstances:

• Resignation/Termination: If you resign or get terminated from the job, you can use form 31 to withdraw the PF amount you invested during your employment. 

• Partial Withdrawal: In case of medical need, you can use this EPF Form 31 to withdraw up to 75% of your EPF Amount. 

• After age of 55: If you have turned 55 years old, you can withdraw your EPF amount by using the EPF Form 31. 

• After 10 years of service: If you have worked 10+ years, you are eligible to withdraw your EPF amount. 

Purpose of EPF Form 31

Following are the reasons for which EPF Form 31 can be used: 

• Home Purchase or Construction: EPF Form 31 money can be used for the purchase of a new home or at the time of construction. 

• Repayment of home loan: In case of repayment or EMI of a home loan, EPF Form 31 amount can be used.

• Medical treatment: In case of any medical emergency or any other treatment this EPF Form 31 amount can be used. 

• Education expenses (of self or family): Individuals can use their EPF Form 31 amount for the education expenses for themselves or anyone within the family. 

• Marriage expenses: For the marriage purpose EPF Form 31 can be used by the individual for themselves or within the family. 

Documents Required for EPF Form 31 Filing 

There are some basic details required to file EPF Form 31 such as Identity Proof, Address Proof, Bank Details, PAN Card, Bank Statement, etc. However, the documents for EPF Form 31 can vary depending on the purpose of withdrawal. Following is the list of documents required for specific purpose for EPF Form 31 filing: 

EPF Withdrawal Limit 

There are certain EPF Withdrawal limits from employees’ accounts. This amount can vary from person to person as it depends on the EPF Withdrawal Purpose. Following is the detailed table for WPF Withdrawal Limit:

EPF Form 31 Filing Process 

In Order to file EPF Form 31 there are two different modes available. One can either go for Online Mode or for Offline Mode. However, both the procedures are quite similar, one can easily complete the form and submit it to the department. Following are the steps for Filing EPF Withdrawal Form 31 to get their Provident Fund: 

• For Online Mode: 

• Step 01: Visit EPF Portal: Visit the official website by the Government for EPFO Portal.

• Step 02: LogIn to the Portal: LogIn to the Portal by entering UAN and your Password. 

• Step 03: Go to Online Service: Once you successfully LogIn, Go To Online Services>Form-31 among 19, 10C, and 10D. Once you follow these steps one automated form will be generated. 

• Step 04: Enter Required Details: Now, you need to enter the last four digits of your bank account and click yes for your acknowledgement. 

• Step 05: Withdrawal Details: Once you acknowledge, you need to select PF Withdrawal>PF Advance Form. Then fill out the withdrawal details regarding the amount and purpose.

• Step 06: Submit Application: After filing the details submit the application. Upon Successful submission, you’ll get your PF amount in the next 15-20 days. 

• For Offline Mode: 

• Step 01: Download the Form 31: For Offline Mode, you have to download the EPF Form 31 or you can get a hard copy form the EPF Department directly. 

• Step 02: Fill the form: Fill the complete and accurate detail in the form and sign where it is necessary. 

• Step 03: Attach Required Documents: After filing the form, attach the required documents and submit them at the EPF Office. However, you can directly mail them the filed form 31.

• Step 04: PF Receipt: After the submission of application, EPFO will give you a receipt for the confirmation of successful submission. 

• Step 05: PF Amount Withdrawal: In a few days, you will get your PF Amount successfully. 

EPF Form 31 Download 

EPF Withdrawal Form 31 can be filed online and offline both. In order to file the Form offline one needs to download it first. They can download the EPF Withdrawal Form 31 from EPF Website. For easy filing it is suggested to file the form 31 online for minimal chance of mistake. 

Key Points to Keep in Mind

Filing of EPF Withdrawal Form 31 seems easy but there are some points individuals should keep in kind at the time of submission. These points are as follow: 

• Use Money Order if the amount is under ₹2000/- 
• Employer Certification is required if you submit an offline application. 
• You need to Link your UAN, Aadhaar and PAN if applying online
• If you want Disbursal in your Bank Account, attach a canceled cheque
• Verify your bank account perfectly by using the last four digits of your bank account.

How to Check EPF Form 31 Status? 

In order to check EPF Withdrawal Form 31 status, follow these steps:

• Visit EPFO Website and click on “Knowing Your Claim Status”
• In the drop down menu>Select the region & User’s Office Codes. 
• Enter Establishment code and 7-digit account number
• Submit the details and the status of your application will be displayed on your screen. 

Taxation Rules and Guidelines by Government

Before applying for PF Withdrawal there are some Guidelines and taxation rules by the Government. Following are the taxation rules: 

Conclusion 

EPF Withdrawal Form 31 is used to withdraw the Employees Provident Fund, the application can be submitted both online and offline. However, there are some major guidelines and taxation rules by the government which individuals need to follow. Also, one can check their EPF Form Status by following certain steps. It is better to gather required documents before applying for partial. 

Frequently Asked Questions (FAQs)

1) What are the Claim Forms that can be filed from the UAN-Member Interface directly by the employee? 

Members can apply for a PF Final Settlement (Form19), Pension Withdrawal Benefit (Form10-C) and PF Part Withdrawal (Form31) from the Member Interface directly.

2) What are the service requirements for online filing of PF Part Withdrawal Claim (Form-31)?

Member’s Date of Joining should be available in the EPFO database.

3) Is it mandatory to link your UAN with a Bank Account? 

Yes, it is mandatory to link your UAN with a Bank Account as well as with a PAN Card. 

4) What is the contribution rate for EPF?

Both employer and employee contribute 12% of the employee’s basic salary + dearness allowance.