Personal Finance

How to withdraw money from EPF account using the UMANG app

The government has launched a new mobile application named UMANG. The application provides a platform for all Indians to access a wide range of government services. The app covers services from Central to local government bodies and various other services.  

Many people have faced a financial crisis due to the pandemic. Hence, those who want to withdraw money from their EPF account can avail this service from the UMANG app on mobile. The feature of withdrawing money from the EPF account is available to the members in the UMANG app. The members can stay home during the lockdown and get the funds transferred to their accounts online.

However, to withdraw from the EPF amount, it is necessary to link Universal Account Number (UAN) with Aadhaar. Also, link the mobile number with the Aadhaar. Furthermore, provide KYC details for verification.

Let’s see how to withdraw money from an EPF account using the app.

To start with, install the UMANG application from the Google Play store on your mobile and follow the steps below:

Step 1: Open the app on your mobile and login to avail of the services from the mobile app.

Step 2: Click on the ‘All Services’ menu and search for ‘EPFO’.

Step 3: From the given options, choose the ‘Raise Claim’ option.

Step 4: It will ask you to provide your EPF UAN number to generate OTP.

Step 5: Enter the OTP that will be received on your registered mobile number.

Step 6: In the next step, choose the type of withdrawal and submit it.

Step 7: After successfully submitting the request, it will provide you with an acknowledgement slip or a claim reference number. The reference number will help you to track the status of your withdrawal request.

The employee can also request pension withdrawal, COVID-19 advance and view passbook from the app. The member can also apply for a scheme certificate, UAN activation, and allotment. 

Apart from EPFO services, there are various other services available in the app, such as paying utility bills and municipal taxes, a cloud-based document storage facility, and information about various flagship schemes of the government.

For any clarifications/feedback on the topic, please contact the writer at namita.shah@cleartax.in

Share

Recent Posts

Mutual Funds: SIP Inflows Breach Rs 19,000-Crore Mark for the First Time in February ’24

The systematic investment plan (SIP) contribution in February 2024 has crossed a new milestone. The monthly contribution tipped at Rs…

10 months ago

Income-Tax Return: A Brief Note on Annual Information Statement (AIS)

The Income-Tax (I-T) Department has directed taxpayers to access the Annual Information Statement (AIS) via the e-filing official portal and…

10 months ago

Mutual Funds: All About SIP and Market Fluctuations

Considering the vagaries of the stock market, investors often ponder over reevaluating their strategies. Whether to continue to remain invested…

10 months ago

Income-Tax Saving Through Strategic Life Insurance Planning

Financial planning is beyond just investing wisely to save on taxes; it's also related to protecting oneself and one's loved…

10 months ago

Income-Tax Return: Here’s a Note on Tax-Saving Avenues

A salaried individual earning up to Rs 5-15 lakh as net salary on an annual basis must first take stock…

10 months ago

A Quick Take on Equity-Linked Savings Scheme

Equity-linked savings schemes (ELSS), also referred to as tax-saving schemes, are equity funds that invest a significant portion of their…

10 months ago