EPFO (Employees Provident Fund Organisation) has recently launched new EPF Composite Declaration Form-11. This new EPF Composite Form will replace existing Form-11 and Form-13 in all cases of EPF auto transfer. EPF Form-11 is a declaration form currently submitted by a person taking up a new employment in an organization which is covered under EPF scheme. Form-13 is used to transfer the EPF and Pension from old EPF account to the new EPF account. The new EPF Composite Declaration Form-11 will allow employees to transfer EPF automatically while changing job. This automatic transfer of EPF will only be possible if the UAN is Aadhaar seeded and verified. If the UAN is not Aadhaar seeded and verified then Form-13 will be used for transfer of EPF account from the previous organisation.
EPF Composite Declaration From-11
The EPF Composite Declaration Form-11 contains basic information such as
name, date of birth, gender, contact details (email Id & Mobile Number),
present employment details, KYC details and previous employment details. KYC details
contain information about bank account number with IFS code of the branch,
Aadhaar number, and PAN number. A screenshot of the EPF Composite Declaration Form-11
is given below.
This is the form which employee has to submit to the employer at the
time of joining a new job. Normally, the HR department asks the new employee to
fill this form if the establishment is covered under EPF scheme.
EPF Composite Declaration From-11 can be downloaded from EPF website.
Transfer EPF automatically online on change of job
Earlier on the job change, you have to submit Form-11 (Declaration
form) and Form-13 (for PF transfer from old EPF account to the new
EPF account) for offline EPF transfer. But now EPFO made it online
and easy for you and your employer also. Using this facility, you can transfer
your EPF automatically online on change of job.
Procedure to transfer EPF automatically online
The automatic online transfer of EPF will only be possible for those
employees whose UAN is Aadhaar seeded and verified. If the UAN is not Aadhaar seeded
and verified or EPF transfer from or to an exempted establishments then Form-13 will be used for
transfer of EPF account from the previous organization. The procedure to transfer
EPF automatically online is as below.
1. Fill all the required
details in the EPF Composite Declaration Form-11 such as your name, father’s/spouse’s
name, date of birth, gender, marital status, email Id & Mobile number, date
of joining in the current establishment, KYC details (bank account number, bank
IFS code of the branch, Aadhaar number, PAN number) and previous employment
details such as establishment named & address, UAN, PF account number, date
of Joining, date of exit etc.
2. You need to sign and
submit the filled form to your new employer.
3. Now your new employer
will enter all the required details in employer’s portal of EPFO and upload the
filled EPF Composite Declaration Form-11.
4. The employee will receive an
SMS for information about the proposed auto-transfer on his/her registered
mobile number.
5. The transfer of EPF will
be completed only if
i) Employee does not request
to stop the said transfer within 10 days.
ii) The first contribution of
EPF by the new employer is deposited in the EPF account.
6. The employee will receive
an SMS on his/her mobile and a communication by an email when the actual
transfer of the EPF account completed.
Note: This automatic online transfer of EPF will
only be possible if your UAN is Aadhaar seeded and verified. If your UAN is not
Aadhaar seeded and verified or EPF transfer from or to an exempted
establishments then Form-13 will
be used for transfer of EPF account from the previous organization.
You may also like to read: How to check EPF balance by missed call facility?
You may also like to read: How to withdraw EPF online through UAN?
You may also like to read: PPF (Public Provident Fund) - A popular saving scheme
You may also like to read: How to apply for loan against LIC policy online?
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