If you’ve changed jobs, it’s crucial to transfer funds from your old EPF (Provident Fund) account to your new one. The EPFO has stated that employees can easily transfer their PF through the online portal or the UMANG app. If someone has two UANs, they can also be merged.
If you have recently changed jobs and the EPF (Employees’ Provident Fund) account of your old office is still separate, then it is very important to transfer it to the new account. Many employees create a new PF account after changing jobs, but leave the money in the old account there or withdraw it. This may affect many benefits like pension, tax exemption and continuous service in future. In such a situation, EPFO advises its members to transfer the old PF money to the new account, so that your entire retirement fund remains safe at one place.
In fact, many employees who changed jobs before 2014 may have more than one EPF account or UAN (Universal Account Number). In such cases, merging different accounts is considered the best option. The good thing is that now this entire work can be done online from home through EPFO portal or UMANG app.
How to transfer old PF to new account?
1- First of all, go to the official website of EPFO and login with your UAN and password.
2- After this go to Online Services section and select “One Member-One EPF Account (Transfer Request)” option.
3- Then click on “Request for Transfer of Account” under Employee Centric Services.
4- Enter your UAN number here and click on “Get Details”.
5–Now select the old PF account whose money is to be transferred to the new account.
6- After checking all the information, verify the request through OTP and submit.
7- After the application is submitted, you can also see the status of your transfer by going to “Track Claim Status” option.
What to do if you have two UANs?
Sometimes, employees create two different UANs when changing jobs. There’s no need to panic in such a situation. You can send the details of both UANs to [uanepf@epfindia.gov.in] (mailto:uanepf@epfindia.gov.in). After verification, the EPFO will deactivate the old UAN and link your funds to the active UAN. Another way is to request a transfer through your new employer. The EPFO system will identify the duplicate UAN and link the old member ID to the new UAN.
How much interest is being paid on EPF?
The EPFO has maintained the interest rate at 8.25% for the financial year 2025-26. This is the third consecutive year that employees have received the same interest rate. Recently, the EPFO also credited the interest to members’ accounts.
Also know the tax and withdrawal rules
Under the old tax regime, employees could avail of a tax deduction of up to ₹1.5 lakh on their EPF contributions under Section 80C. Employers’ contributions of up to 12% are also tax-free within the prescribed limit. If you want to make a partial withdrawal, EPFO rules require maintaining a minimum balance of 25% in your account, meaning you can withdraw a maximum of 75%. For example, if you have a total balance of ₹2 lakh in your EPF account, you can withdraw up to ₹1.5 lakh, while ₹50,000 will remain in the account.
Transferring the old PF account to a new account after changing jobs is a wise step. This keeps your retirement fund organized, tax benefits continue and future pension benefits are also protected. In today’s digital system, this process can be completed online in a few minutes.
Read More: GPF interest rate: Big news for government employees, new interest rate on deposited money announced
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