Job Change? Transfer Your PF Online for Retirement Growth

• Transferring PF balance when changing jobs is crucial to maintain retirement savings and continuous interest.
• Failure to transfer can lead to old PF accounts becoming inactive and stopping interest accrual after three years.
• PF transfer can be done online via the EPFO member e-seva portal using Aadhaar, bank account, and an active UAN.
• Before applying, ensure KYC details (Aadhaar, PAN, bank account) and the old PF account number are updated on the EPFO portal.
• Withdrawing PF when changing jobs is generally not advisable as it breaks compounding and reduces future retirement corpus.

Why It Matters: Transferring PF ensures continuous retirement savings and maximizes long-term financial growth.