Provident fund start digital signatures for online transfer of accounts

EPFO has started registering digital signatures of employer with the aim of starting online transfer of PF account on changing jobs. EPFO is  taking it seriously for providing the facility of online transfer of the accounts.

According to an official circular, theEmployees' Provident Fund Organisation(EPFO) has directed its over 120 field offices to depute a nodal officer to facilitate the registration of digital signatures of firms. 

The facility will be available on the main site to upload digital signature of the employer. The success rate will depend on how many employer upload their signatures as it is essential to authenticate transfer claims.

Taking the first step towards launching online PF transfer claim facilities, EPFO had earlier this month unveiled a revised claim form for the purpose. 

EPFO is likely to start the online PF transfer claim facility by the end of next month. With this, EPF subscribers would be able to apply online to transfer their accounts through their new employers. 

The revised transfer claim form can be presented after verification by the present employer or the previous employer. Previously, the form could be submitted only after verification by the present employer. 

EPFO has set up a central clearance house to enable subscribers to apply online for PF withdrawal and transfer claim settlements. 
Tags-online transfer of pf account,provident account transfer,pf account transfer,transfer of pf account,online transfer of provident fund account
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