Affidavit For PF Withdrawal By Nominees

Provident Fund (PF) is referred to the mandatory savings of an employee which is set aside as per the government rules. The employer too contributes the same amount every month to the employee’s PF account. When a PF holder passes away, his/her nominee is (may be more than one) entitled to the amount accumulated in his/her PF account.

To claim the deceased employee’s PF balance, the nominee is required to follow certain formalities, as a part of which an affidavit has to be made declaring that he/she is the nominee of the deceased employee and he/she has the right to claim the deceased’s PF amount.

What Should Be Included?

The following factors should be included in the Affidavit to withdraw PF by a nominee:

1. Name of the Bank/Post Office and its Branch
2. Name, age and address of the nominee(s)
3. Relationship with the deceased employee
4. Name and age of the deceased employee
5. Signature(s) of the nominee(s)
6. A declaration that the information provided is true and correct

How To Make An Affidavit to Withdraw PF?

The affidavit can be made by following these steps:

1. Draft the affidavit in the required format by including the details mentioned above.
2. Get the affidavit printed on Stamp Paper of minimum value.
3. Deponent(s) should place signature(s) at the designated place.
4. Affidavit should be attested by an Oaths Commissioner/Notary.

How To Make It Legally Valid And Enforceable?

To make the affidavit valid, it should be drafted on Stamp Paper of recommended value and duly attested by an official who has the power to witness an oath, such as an Oaths Commissioner or a Notary Public.

Frequently Asked Questions (FAQs)

1. Who can be appointed as a nominee in case of an unmarried person?

An unmarried person can choose his/her mother, father or a sibling as nominee. One or more persons can be chosen as nominees. Subsequently, if the PF holder gets married, then the nomination can be changed any time.

2. I have appointed my mother as nominee. I am married and have two sons. In case of my death, I want my mother to get all my PF money and no one else. So how do I make sure she will get it?

You will have to make a Will in which you have to state that your nominee only should get your PF amount. If you don’t create a Will, then your legal heirs i.e, your wife or children can claim to get a share of your PF balance.

3. When to use Form 19 and Form 10C?

To withdraw PF, you have to fill and submit Form 19. For Pension Scheme Withdrawal, use Form 10C.

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