Remember that you will have to keep UAN handy to initiate the PF withdrawal process. Instead of taking a loan, you can withdraw funds from your PF in whole or in part. You may need quick access to these funds in situations such as hospitalisation, wedding or education of your child, home renovation, and repairs. What is required for online withdrawal of savings from PF? For example, if you want to know your EPF balance or if you want to check contributions made by your employer, you can do so through the EPFO e-SEWA portal, mobile app, and SMS by logging in with your UAN. This 12-digit UAN is extremely useful and is all you need to check your PF details. While your PF account will change every time you start working at a new organisation, your consolidated EPF account, identified by your Universal Account Number (UAN), will not change. Since money is invested monthly, it helps you build a corpus for your post-retirement life. Employee Provident Fund is a scheme instated by the government, as per the Employee Provident Fund Act of 1952, wherein you and your employer contribute a specific amount each month.
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