If you have changed your job recently, you need not worry about getting your funds transferred from old EPF account to the new account created by your new employer. The EPFO does this automatically for eligible accountholders.

Don’t believe me? Just login to to your EPF account and see for yourself if you have all your details verified and switched jobs in the last few months. All your contribution in the EPF account created by your previous employer should be visible in the new account.

Even I experienced this facility recently when I left my previous employer to join The 1% Club. In case your old and new accounts are not merged automatically, you may contact the EPFO or check the eligibility conditions below.

Many employees are not yet aware of the automatic transfer facility provided by the Employees’ Provident Fund Organization (EPFO). This facility is available since 2017 but there are certain eligibility conditions.

What’s EPF automatic transfer?

The EPFO allows automatic transfer of EPF accounts in case of job switch by subscribers. This facility helps employees, who have changed jobs, by automatically moving their Provident Fund (PF) balances to new accounts.

Earlier, employees had to apply for EPF account balance transfer from old employer to new employer. Worse, employees even had to get their transfer requests approved by previous employers.

But this facility is available only for those employees whose both old and PF accounts are with the EPFO.

Also Read: EPF Interest Rate Hike 2024: Better than SCSS, PPF, NSC, SSY and FD for FY 2023-24!

Auto EPF account transfer eligibility

Automatic EPF transfer is not available for members of exempted PF trusts.

The EPFO had announced the automatic transfer functionality in a circular dated 15 November 2017 (see below). As per the circular, members need to satisfy the following conditions to become eligible for automatic transfer:

• Member’s Aadhaar and UAN number must be entered and matched by the present employer.
• Member’s Aadhaar must be seeded and verified against the UAN at the previous employer
• Member’s details like Date of joining, Date of Exit and Reason of Exit should be available in respect of previous employment.
• Member’s UAN must be activated and his/her mobile number should be active.

According to EPFO, auto-transfer starts when first payment from the new employer is received against UAN flagged for auto transfer. The EPFO also sends SMS and email (if registered) to the member once the transfer is auto initiated.

Members can also stop the EPF auto transfer either online or through present employer or by approaching the nearest EPFO office.

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