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PF Withdrawal
PF Withdrawal
EPF (Employees’ Provident Fund), also referred to as PF (Provident Fund), is a mandatory savings cum retirement scheme for employees of an eligible organisation. Employees can withdraw the entire sum accumulated in their EPF once they retire.
According to the latest EPFO law and rule, 75% of the total EPF corpus can be withdrawn after around a month of unemployment has passed. The remaining percentage of 25% is completely transferable and can be done so to a new account.
Partially PF Withdrawal Details
- Reasons
- Wedding
- Medical purpose
- Repayment of home loan
- Renovation and Reconstruction of home
- Eligibility
- Minimum 7 years of service
- No minimum service
- Minimum 3 years of service
- Minimum 5 years of service
- Withdrawal Limit
- Upto 50% of employee’s share
- Upto 6 times of basic salary or total employee’s share and interest, whichever is lower
- Upto 90% of PF balance
- 12 times of employee’s monthly income
Documents required for pf withdrawal
- PAN Card
- Aadhar Card
- UAN No.
- Pass. Of UAN No.
- Copy of Bank Passbook
- Mobile No.
Time duration
It can take up to 4-5 working days in order to PF Credited in Account.
Cost involved
Get Withdraw Your PF On 1499/- Only
Enquiry Person Details
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