EPF Claim: Your EPF claim has been rejected, know the reason behind this..

 

EPF Claim Rejection Reason: The pension scheme Employees Pension Fund (EPF) is being run by the Government of India. In this scheme, the employee deposits a fixed amount of his salary in the PF fund. Withdrawals can also be made from this fund at the time of need.

Employees make claims to withdraw money from the fund. Many times these claims get rejected. Let us tell you that there are reasons for the rejection of a claim in EPF. In such a situation, you must know the reasons for which claims can be rejected so that you never make those mistakes.

KYC
If you are going to claim in EPF then you should always submit the correct documents for KYC. If your KYC information is incomplete or incorrect, your claim may be rejected. For this reason, you should always give correct and complete information at the time of KYC.

Base link
It has been made mandatory to link a UAN number with an Aadhaar card. Even if your UAN number is not linked to Aadhaar, your EPF claim may be rejected. If you have not yet linked the UAN number to Aadhaar, then you should complete this work as soon as possible.

Following withdrawal rules
EPFO has made rules for withdrawal from the fund. It is very important to follow those rules. If you want to withdraw the entire amount from the fund, then the rule is that the employee can withdraw the amount from the fund only if he has been unemployed for 6 months. Let us tell you that Form 10C is filled for pension withdrawal while Form 31 is filled for partial withdrawal.

You should fill out the form carefully as incorrect information may lead to claim rejection.

Wrong information
Many times we give wrong information in haste. In such a situation, it has become very important to give correct information while making a claim. Even if any information is found to be mismatched with EPF data, the claim gets rejected. You should always provide all the correct information like EPF account number, name, and date of birth.

When can you withdraw money from EPF?
Many people have a question in their mind when can they finally withdraw the amount from the EPF fund, let us tell you that if the employee retires or is unemployed for 2 months then he can withdraw money from the fund. Apart from this, withdrawal from the fund can also be made in circumstances like medical emergencies, marriage, or home loan payments.

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