Right here’s How You Jerk an Move From You EPF Deposits, Online way to get Move PF

Right here’s How You Jerk an Move From You EPF Deposits, Online way to get Move PF


Employees Provident Fund Organization (EPFO) provides the facility to EPFO ​​members to take partial withdrawal and advance from provident fund collection in selected situations. Today, through our article, we will tell you about some such circumstances in which only a certain part of the PF amount can be withdrawn. EPFO members can withdraw PF amount for purchase or construction of a house, loan payment, non-payment of salary for 2 months, marriage of daughter/son/brother/own, illness of a family member etc.

Let us tell you that how much amount can be withdrawn in any case through partial ‘Withdrawl’ or ‘Move EPF’, today we will also give you information about this. In case of taking advance, the EPFO ​​member will have to fulfill certain criteria. For advance or partial withdrawal, you can apply online for ‘PF Withdrawal Mode’ by visiting the EPFO ​​member portal.

How to submit online PF Withdrawal application

To simplify the process of withdrawing PF amount and save time, EPFO ​​had started the online facility. Before applying on EPFO ​​portal, it is important for you to know that your UAN (Universal Account Number) should be activated or to activate the Universal Account Number, your number should be active. Your account should be linked with Aadhaar, PAN card and bank details and IFSC code.

Also read: How to check PF balance and passbook online

Online way to withdraw PF

1) First of all go to EPFO ​​portal.
2) After this, log in to the account by entering UAN (Universal Account Number), password and captcha code.
3) After this, click on the KYC option in the Manage tab and check whether Aadhaar, PAN card and bank details are correct and verified or not.
4) After verifying the KYC details, go to the online service and select the claim option.
5) Member details, KYC details and service details will appear on the claim screen. After this, click on ‘Progress For On-line Declare’ to submit the claim form.
6) In ‘I Need To Observe For’ of the claim form, you will see the options Full EPF Settlement, EPF Part Withdrawal (Loan/Advance) or Pension Withdrawal. Due to service criteria, you may not be eligible to withdraw PF or pension, in such a situation you will not see this option.

Advance can be taken in case of purchase or construction of house

EPFO allows its members to withdraw a maximum of 24 months of basic wage and DA for purchasing land. A maximum of 36 months’ basic wage and DA for house/flat/construction or employee and employer’s share with interest or the total cost of the house/construction whichever is lower can be withdrawn. Only the employee who has been an EPFO ​​member for 5 years can apply for advance. PF money can be withdrawn only once during the entire period of employment. For advance, the employee will not require any other document other than the release.

Also read: This is the way to link Aadhaar number with PF account

for loan payment

In special cases, EPFO ​​allows the member to withdraw a maximum of 36 months of basic wage and salary along with employee and employer share or the total outstanding amount of loan and interest, whichever is less. Only the employee who has been an EPFO ​​member for 10 years can apply for advance. For partial withdrawal, the employee will require a certificate from the agency giving details of the outstanding amount and interest.

Advance will be available even in special cases

EPFO members can also apply for advance amount in case the company is closed or fired from the job or in case of not receiving salary for 2 months (except strike). In such a situation, employee shares and interest received on the amount can be withdrawn. To take advance, the employee will need a certificate issued by the employer. The member can withdraw a maximum of 50 percent of the amount with interest.

for treatment of illness

The employee can withdraw his basic and DA amount in full for a maximum of six months. The employee can withdraw the money for his own illness or that of a family member. No membership period is required for this purpose.

for the wedding

EPFO member can withdraw 50 percent (employee share) PF amount along with interest for the marriage of himself/her daughter/son/sister etc. Note, only the employee who has been an EPFO ​​member for 7 years can apply for the PF amount.

for higher education

50 percent (employee share) amount can be withdrawn along with interest for higher education (for post graduation) of son or daughter. Only the employee who has been an EPFO ​​member for 7 years can apply for the PF amount. Certificates related to the course and details of the estimated expenditure by the institute will have to be provided.

one year before retirement

After attaining the age of 54 years and one year before retirement, EPFO ​​member can withdraw 90 percent of the amount from PF as partial withdrawal.

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