PF Withdrawal Rules : If you are a salaried employee, then you will also have an account open with EPFO, which we call PF account. Every month some amount is deposited in the PF account by the employee and the company. This money is part of the employee’s retirement plan. Some of this contribution also goes for pension. But if you have some important work in between, you can also withdraw money from your PF account. Let us know when you can withdraw money from PF account and what is its process.
When can you make partial withdrawal?
- For own or child’s marriage
- to buy a house
- For medical needs
- To renovate the house
- To repay home loan
For most of these partial withdrawals, the EPFO member must have been an EPF member for a minimum of five or seven years.
Process of partial withdrawal from PF
step 1. You have to visit the UAN portal and enter your UAN number and password.
Step 2. You will receive an OTP on your mobile number linked to Aadhaar. Enter this OTP and captcha.
Step 3. Your profile page will open. On the top right side of the web page you will find the option “Online Services”. Now click on ‘Claim’ from the scroll down options.
Step 4. Now you have to verify the member details by entering the bank account number linked to EPFO.
Step 5. Now a Certificate of Undertaking will be received stating that the claimed amount will be deposited by EPFO into this bank account. Now you have to click on ‘Yes’ to the terms and conditions.
Step 6. Now you can proceed for online claim. As soon as you click on this option, a section will open in which you will have to enter more details.
Step 7. Here you have to provide your address and also upload some documents like scanned check and Form 15G. In this way, claim will be submitted to withdraw the balance of EPF account.
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