Preservation Fund
How long does it take to receive your provident fund pay-out?
For your provident fund payout, the timeline depends on the administrator's efficiency and dedication. Assuming your tax affairs are in order, with 10X you can typically expect a provident fund pay-out within 14 to 21 business days once all necessary documents are in order and contributions are invested.
More specifically:
- Complete cash withdrawals usually take around 21 working days.
- Transfers or partial withdrawals may require more time, ranging between 30 to 45 working days.
Make sure all your documents have been submitted:
- A copy of your ID
- A completed instruction form stating where the money should go
- Proof of banking details
For information about preserving your provident fund capital, read more here.
Or, if you would prefer, speak to a consultant about the benefits of a preservation fund.
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