EPF Form 10C: Filling Procedure, Instructions, Eligibility, Benefits, Attestation

You may also need to withdraw money for some requirements or you get retired, so to claim the EPF withdrawal, Form 10C is to be filled. The EPF or the Employee’s Provident Fund is a savings strategy framed mostly in context with the future.

The government has formed various savings plans for the employees. To avail the benefits of the savings plan, one has to use the Form 10C. What is Form 10C? It is the form that you use for withdrawing money from any government savings plan. To know more about it, read the article below.

Most commonly, EPF is referred to as PF. Under this scheme, both the employee and employer contributions to a monthly strategy. The minimum requisite contribution is 12% of their primary salary. The Employer must contribute too. In this article, we’re going to discuss more the EPF claim and the filling up of Form 10C.

EPF Form 10C

EPF is a retirement strategy framed to support future needs. Both the employee and the employer contribute to the savings account using a UAN number. UAN is a 12-digit unique number provided to every employee.

When you change your job and transfer your EPF account to another organization, you can carry forward the amount. But in case you retire, you need to fill a Form 10C for the amount of EPF claim withdrawal. There are some other cases for EPF claim. Below we will read about it in detail. But, let’s look forward to its procedure.

Where To Download Form 10C

You can also download the form from the authenticate site, i.e.,       

http://www.epfindia.com/site_docs/PDFs/Downloads_PDFs/Form10C.pdf

Shown below is a picture of Form-10C

Form 10C

What Does EPF Form-10C Contain?

The EPF Form 10C contains

• Name of the claimant
• His DOB
• Husband’s name (if any)
• Claimant’s father’s name.
• Address of the company where he was employed before retirement.
• Joining date and date of leave.
• Reason for leave.
• Establishment or region code of the company.
• Family details, i.e. wife/children, etc.
• In the case of the deceased member, the date of demise.
• Mode of payment, i.e., cheque or electronic or postal payment.

Steps To File An Online EPF Claim For Form10C

Form 10C is used to assert the total amount accrued from the Employer’s share, i.e., 3.33%. It also consists of a mere amount of PF Corpus or the retirement benefit.

Mentioned Below Are The Steps To File An Online EPF Claim For Form 10C

Step-1: Go to the e-Seva portal: https://unifiedportal-mem.epfindia.gov.in/memberinterface/

Step-2: Login to your EPF Account. You need to provide your UAN, password, and captcha code.

Step-3: Select the form you want to claim (Form- 31, 19, 10C, and 10D). In this form, you need to select 10C.

Step-4: A new webpage appears on your screen. It shows details such as your name, DOB, last 4-digits of your Aadhar card, and your bank account details. You have to deliver your last 4-digits of the bank account number.

Step-5: Next, a pop-up appears asking for a ‘Certificate of the undertaking.’ Wait for the bank account details to get verified and then proceed.

Step-6: Click on the ‘Proceed for claim’ option. Then a new page opens, which asks you to choose the type of claim you want to opt.

Step-7: Enter the amount required and provide the scanned copy of your cheque. Also, provide your address.

Step-8: A OTP comes to your phone since your mobile number is registered with Aadhar. All you need to do next is copy it and submit in the box.

Once the OTP gets delivered, the details you gave gets verified. The amount gets transferred to your bank account only if all the details marked are correct.

EPF is a strategy for guaranteed return after your retirement or when you need it in the future. Make sure you use it in a stipulated manner and only if there’s no other way left.

Required Documents To Submit With Form 10C

You must provide the following documents with the form. Keep these documents ready and get on with your deposition

i. Canceled cheque

ii. Birth certificate of your legal heir

iii. Death certificate if the member’s deceased

iv. Also, paste a revenue stamp of Rs1

Attestation Requirements

You must attest your Form 10C with any of these. Either the Employer or both the Employer and employee must carry out these procedures.

i. If you’ve filled up the form online, both employees and his Employer must attest it.

ii. If the previous organization has closed down, you can get it attested from the following officials-

• Magistrate
• Postmaster
• Chairman of district local board
• Gazette officer
• President/panchayat of village union

Instructions For Filling Up Form 10C To File Online EPF Claim

There are certain instructions that you must abide by for filling up the Form 10C. These are as follows-

1.Write the names in BLOCK LETTERS.

2. Make sure your DOB is the same as that in your Aadhar card.

3. Make sure you don’t overwrite or cut while filling up the form in a physical way.

4. Your account number consists of-

• Region code (2 alphabets)
• Office code (3 alphabets)
• Code number (7 digits max)
• Extension (subcode)
• Your account number (7 digits or less than that)

5. If you’re applying for the scheme certificate, fill Sl. No. 9 and leave Sl. No. 11 blank.

6. If you’re applying for withdrawal amount, fill Sl. No. 11 and leave Sl. No. blank.

7. Provide your bank account details and attach a blank cheque/canceled cheque. Make sure that the account number and IFSC code is clearly visible.

8. In case of your death, your nominee or your legal heir must fill the Sl. No. 9, 10, 11. He must provide the details of your family/nominees/legal heir. 

9. If you’re drawing a family pension, fill Form-12C.

Eligibility To Apply Form 10C For EPF Claim

Just like every entrance has some of the other eligibility criteria, the criteria for Form 10C is as follows-

1. You must be an efficient employer in that organization-

• and left the organization before completion of your ten years service period.
•  and attain 58 years of age before serving for ten years.

2. Otherwise, you must have-

•  served for ten years before attaining 50 years of age at application time.
• between the age of 50-58 and unwilling to get a reduced pension.

Applications Of Form 10C

The Form 10C is used mainly for withdrawing money from the EPF or the EPS account. Both EPF and EPS are government savings policy which every government employee must have. Below is a detailed description of each policy.

1. EPF

EPF or Employee’s Provident Fund is a savings account formulated by the government. The Employee Provident Fund Organization in India keeps its record. According to this strategy, you’ve to spend a certain amount on your monthly salary. After retirement, it can get summed up and transferred to your account. In certain cases, you can withdraw before retirement too.

It is compulsory for you if you’re earning a minimum of Rs. 6500 per month. You can also take part in it voluntarily.

The employer contributes 12% of his primary salary to EPF Form-20. While the employee must contribute 3.67% to his EPF and 8.33% to his pension strategy.

EPF Withdrawal Calculation

Suppose your basic salary plus DA per month is Rs40,000. The EPF amount in your account is Rs4 lakh. Thus, you can withdraw a lower amount like

a. 3 months of basic + DA, i.e., Rs1.2 lakh (40,000*3=1,20,000)

b. 75% of your EPF balance, i.e., Rs3 lakh (75% of Rs4 lakh)

According to this, you can withdraw Rs1.2 lakh (minimum one). The amount you withdrew is non-refundable. Thus, you’re not required to return that money back to your EPF account.

2. What Is EPS Pension?

EPS, also known as Employees’ Pension Service is a future finance strategy framed by the EPFO. According to the strategy the employees of an organized sector avail pension after retirement, at the age of 58.

How To Calculate Your EPS Pension?

After knowing something about the eligibility criteria, you must be getting an urge of knowing how to calculate your EPS Pension. Your pension amount depends on-

i. Pensionable Salary

Pensionable salary refers to your average monthly salary in the last 12 months before you exit EPS. Thus, it’s your average income a year before retirement. In case there is any period in the last 12 months when you haven’t contributed to the EPS, it won’t get any consideration. Benefit for those days can get allotted to you.

ii. Pensionable Service

The Pensionable Service period is the actual service period you rendered. At the time of calculating your total pensionable service period, the service period you rendered under each employer is counted. Make sure you get your EPS Scheme Certificate every time you change a job. However, after rendering service for 20 long years, you get a bonus. In every new opportunity, there lies one or the other flaw. In case you didn’t get satisfaction in your first job and withdrew the EPS corpora before the completion of 10 years, you switch to another. Your EPS account starts again from zero and you’ve to contribute again, from the beginning.

Your monthly salary = Your pensionable salary *Your pensionable service/70

Situations Under Which You Can Fill The Form10C

You can use the form 10C in various situations like-

a. When you’re expecting a refund in the employers’ share-

This form is of utmost required when you think you deserve a refund in the employers’ share. That is, you might have devoted more than the amount requisite towards the employers’ share.

b. When you want to receive a scheme certificate-

You can go for receiving a scheme certificate if you’ve rendered a service period of at least 10 years. Apart from that, you must be below 50 years of age for this claim. By scheme certificate, you can carry with yourself the previous service period you rendered if you connect yourself with a new company or rejoin in the same.

c. For withdrawing the amount from your savings, in the time of need-

You can go for this only if you’ve served the organization for more than 10 years. Apart from that, there’s also a requisite age group for you. If you’re below 50 years of age, this way is open for you. By this, you can claim for your retirement money payback even when it’s not yet sanctioned for the pension.

Benefits of Form 10C

EPS Scheme is formulated by EPFO as your retirement base providing financial aid. Into this well of savings account, both you and your Employer contribute. Your entire account gets controlled by a unique 12-digit number called UAN. UAN is provided to every employee under EPFO.

However, the benefits of Form 10C is available in three sets of employees, fulfilling certain specific characteristics. Mentioned below are three different sets of members varying in as per their eligibility.

1. Member-1

The eligibility criteria under member-1 are as follows-

i. You must have resigned from your service period before completing 10 years.

ii. Before completing 10 years of service you must be 58 years.

Such situations arise when you’ve joined a new job at the age of 50. In that case, you served the organizations for 8 years, which is of course less than 10. Thus, you’re eligible to avail of the outcomes under member-1.

Benefits for member-1

You’re free to withdraw your EPF Corpora before your permanent retirement post filling the form 10C.

2. Member-2

i. If you’ve rendered 10 years of your service before 50 years of your age.

ii. The age limit is between 50-58 years. That is, you must be above 50 and below 58 years.

You can achieve it if you’ve rendered the maximum age of your service period for that particular organization. That is, you must not have changed your jobs several times.

Benefits for member-2

a. You’re eligible to receive an EPS Certificate. It’s applicable only to you’ve both the eligibility criteria as mentioned above.

b. However, if your age is above 50 but below 58 years of age and you’ve rendered 10 service years. You can get a reduced pension after Form-10D fill-up.

The scheme certificate has the following benefits

1. It’s proof of your service period.
2.  You can withdraw your amount filling Form 10C if you’re unemployed after retirement from your previous job.
3.  If you die before 58 years, your family can withdraw from your EPS account.

3. Member-3

It’s applicable to your legal heir or nominee, after your demise. You’re not eligible under this, before demise.

You must be above 58 years of age and not serve your organization for 10 years.

Benefits of member-3

You can withdraw the amount after filing Form 10C of EPF.

However, if you’re retired before your actual retirement due to impairment of body, you can withdraw after filling Form-10D.

Frequently Asked Questions-

Bottom Line

There are various pavements formulated for our betterment. Following certain rules and regulations, we must abide and avail of its fruits. In this article, we discussed every minute detail about Form 10C, and through this you can easily file an online EPF claim. I hope, it helped you gain an idea related to it.