Online Provident Fund Account Transfers- Now Possible
The filing of online provident fund account transfer claims on changing jobs for subscribers of the retirement fund body EPFO has now become possible. The facility has been made available as the Employees Provident Fund Organization (EPFO) has launched its online transfer claim portal (OTCP) as per circular issued.
According to the circular, handling of transfer cases generates maximum bad publicity and it is expected that this issue shall be resolved after OTCP is made fully functional. After 31October, 2013, there shall be no physical movement of paper in transferring member accounts from one office to another.
The facility of online transfer […] Read more