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PF account has been closed! Know the reason and the process of reactivation – News

EPF Account Deactivate: A part of the salary of every salary earner is deposited in the PF account. Employees’ Provident Fund Organization returns the jam money to the account holders after retirement to all the account holders. 12 percent of the basic salary of every employed person is deposited in the PF account. Also, the company deposits the remaining 12 percent in the PF account. In such a situation, after retirement, a good amount of PF money gets deposited with the people. Due to this there is no problem later.

But, many times the PF account gets closed due to the small mistake of the employees. Because of this, they may have to face a lot of trouble later. In such a situation, you know that you too have not made any such mistake, due to which your PF account may be closed later. So let’s know about the reason for closure of PF account and how to activate it again (Process to Activate PF Account)-

Due to this account may be inactive
Many times people do not transfer their PF account to the new company after changing jobs and when the old company is closed, then in such a situation the PM account can be closed. Your account can be deactivated if there is no transaction in the PF account for 36 months. EPFO puts such accounts in the Inoperative category, that is, no transaction is being done in this account. Apart from this, your account can be deactivated in the event of leaving the country and going abroad. Along with this, the money deposited in the account after 7 years is transferred to the Senior Citizens’ Welfare Fund, in the event of withdrawing all the funds after retirement or not claiming the PF account.

How to activate PF account again-
Let us tell you that if your account has been deactivated for any reason, then you can get the account activated again by giving an application to EPFO. You will need some important documents to start it. This includes ID proof like Aadhar Card, PAN Number, Passport, Ration Card, Identity Card, Driving License etc. After checking these documents, your account will be restarted.

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