How to submit a Covid claim using the UMANG app?
Step 1: Open the Umang app.
Step 2: Select EPFO from the menu.
Step 3: Choose “Request for Advance (COVID-19)” from the options.
Step 4: To receive a one-time password, enter your UAN and click ‘Get OTP.’ To log into your account, use this OTP.
Step 5: Enter the OTP and click Login.
Step 6: After logging in, you must input the last four digits of your bank account and choose a member ID from a drop-down option.
Step 7: Select “Proceed for claim.”
Step 8: Fill in your address information. Click on ‘Next’.
Step 9: Choose Form 31 from the drop-down menu, fill “Amount Advance required’ and upload the cheque image.
Cheque details such as name, bank account number, IFSC code should be clearly visible.
Step 10: Check on the Declaration box and submit OTP after receiving aadhaar OTP.
Step 11: Click on submit button.
If your UAN is authenticated with Aadhaar, your mobile number is seeded with UAN, and your bank account is KYC compliant, you can file a claim for this advance online. You must complete your KYC by submitting it through the Member Portal. In addition, the EPFO has stated that no tax is charged on any EPF Scheme advance. However, you can only apply for a PF advance if you have completed your KYC. You would be unable to obtain PF advance if your KYC is not complete.
File ‘COVID-19 Advance’ through UMANG App by following these easy steps.#EPFO #EPF #SocialSecurity #Employees… https://t.co/skdc6H5a9Y
— EPFO (@socialepfo) 1631857713000
How much can you withdraw from your EPF for COVID?
You can get a non-refundable withdrawal up to three months’ worth of basic pay and dearness allowances, or up to 75 percent of the balance in your EPF account, whichever is less. Employee’s portion, employer’s contribution, and interest are all included in the amount owed to EPF.
To receive the benefit, neither the individual nor his or her employer must submit any certificates or documentation.
Who can withdraw?
The member has the ability to withdraw cash if an employee, his or her parent, partner, or children become ill as a result of Covid. This type of EPF withdrawal has no lock-in period or minimum service requirement.
Covid 19 Advance: How is it calculated?
According to notification from EPFO, if a member’s EPF account balance is Rs.50,000 as of today, and the monthly basic wage and dearness allowance is Rs.15,000, 75 percent of the balance of Rs 50,000 is Rs 37,500, and the amount of three months wage is Rs 45,000.
As a result, the member is eligible to receive the lesser of two payments of Rs.37,500.
I have left the service but not yet availed the final PF withdrawal benefits. Can I still avail the COVID advance?
Yes. COVID advance can be filed by any PF subscriber. Since you have not withdrawn your PF funds you are still a PF member.
How to withdraw from EPF if you need money due to coronavirus