• Investment
  • Car
  • Bike
  • Taxi
  • Term Life
  • Health
  • Travel

EPF Form 5 IF

Every EPFO (Employees’ Provident Fund Organisation) member enrolled under the Employees’ Provident Fund (EPF) Scheme is automatically eligible for Employees’ Deposit Linked Insurance Scheme (EDLI). Family members, heirs and selected beneficiaries can avail death benefits, i.e. insurance benefits on the death of the active contributing member of the EPFO. Beneficiaries have to accurately fill up and submit the EPF Form 5 IF, after the unfortunate demise of the active contributing member, to become eligible for total benefit of a maximum of Rs. 6 lakh - insurance benefits of a maximum of Rs. 4.5 lakh, along with a bonus of a maximum of Rs. 1.5 lakh.

How to Download EPF Form 5 IF?

You can download the EPF Form 5 IF online through the official website of Employees’ Provident Fund Organisation (EPFO).

Tips To Keep in Mind While Filling EPF Form 5 IF?

A beneficiary has to be aware of the following while filling the EPF Form 5 IF:

  • Only beneficiaries of actively contributing members of the EPF Scheme at the time of their death can avail insurance benefits.
  • EPF Form 5 IF can be submitted along with Form 20, meant for EPF withdrawal, and Form 10C/Form 10D for EPS withdrawal to initiate the claim for insurance benefits.
  • The form can be downloaded from the online portal of Employees’ Provident Fund Organisation, but can be filled through the offline method.
  • The beneficiary has to attach a cancelled cheque along with the EPF Form 5 IF for the applicable insurance benefit to be credited to his/her preferred bank account.
  • The form has to be filled in block letters, and overwriting should be strictly avoided for the form to be accepted for further processing. Subsequently, EPF Form 5 IF has to be submitted to the EPF Commissioner, along with the required documents as proof.

Purpose of Form 5 IF

To become eligible for insurance benefits, the family members, beneficiaries and legal heirs have to correctly fill up EPF Form 5 IF after the death of an active contributing member of EPFO. Beneficiaries of non-active members cannot avail such benefits. Besides, if the member is no longer working at an EPF registered organisation, comprising of at least 20 employees, his/her beneficiary will not be able to claim insurance benefits.

Contents of EPF Form 5 IF

EPF Form 5 IF can be downloaded from the official website of EPFO, although it can be submitted through the offline mode only to the EPF Commissioner.

The beneficiary, after the death of the active EPFO member, has to fill up the form to claim the insurance benefits. The required details are:

Mobile Number: The mobile number should be filled by the beneficiary on top of the form to get instant alerts about the status of the claim.

Details of the deceased EPFO member

  • Deceased member’s name
  • Father’s Name/Husband’s name in the case of a married woman
  • Date of demise of the EPFO member in the format of dd/mm/yyyy
  • Name and Official Address of the last organisation of employment
  • Account Number of the Provident Fund

Details of the beneficiary

  • Name
  • Date of Birth
  • Relation with the deceased (when the beneficiary is a guardian, he/she has to present details of the minor and his/her relationship with the minor)
  • Residential address of the claimant
  • Certificate that has to be duly filled by the employer of the last organisation (only for organisations that are functional)
  • Advance Stamp Receipt as a proof of acknowledgement of EDLI benefits
  • I.F. withdrawal register, which will be required once the form has been submitted to the EPFO Commissioner

Once the EPF Form 5 IF has been submitted at the Commissioner’s Office, the claims have to be settled within 30 days. In case claims are not settled within this timeline, the commissioner is liable to pay an interest of 12% p.a., starting from the 31st day to the day

Documents Required During Submission of EPF Form 5 IF

The below are the documents that need to be submitted along with EPF Form 5 IF:

  • Death Certificate of the deceased member
  • Succession Certificate when the claimant is the legal heir, or a Guardianship Certificate in case of the claimant being the family member or minor nominee of a deceased minor, but not a natural guardian
  • Cancelled cheque of the savings bank account in which the claimant wishes to receive the insurance benefits
  • PF details of last 12 months will have to be furnished by an employer in case the deceased member was last employed by an organisation that is exempted under the EPF Scheme 1952
  • Member’s Nomination Form (duly attested)

FAQs on EPF Form 5 IF

What is the EPF Form 5 IF?

Every EPFO (Employees’ Provident Fund Organisation) member enrolled under the Employees’ Provident Fund (EPF) Scheme is automatically eligible for Employees’ Deposit Linked Insurance Scheme (EDLI). Family members, heirs and selected beneficiaries can avail death benefits, i.e. insurance benefits on the death of the active contributing member of the EPFO. Beneficiaries have to accurately fill up and submit the EPF Form 5 IF, after the unfortunate demise of the active contributing member, to become eligible for total benefit of a maximum of Rs. 6 lakh - insurance benefits of a maximum of Rs. 4.5 lakh, along with a bonus of a maximum of Rs. 1.5 lakh.

How do I claim EPF Form 5 IF online?

You can download the EPF Form 5 IF from the official website of EPFO (Employees’ Provident Fund Organisation), but it can be submitted only through the offline medium.

Leave a rating!
5.0 (1 votes)