Status of applying for withdrawal of PF moneyHemlata khandelwal / 2021-03-16 06:56:49
If you also want to withdraw money in advance, full or a little from the Employees Provident Fund (EPF) or Provident Fund (PF), but you know in what circumstances, how much money can be withdrawn from the PF. In medical, family emergencies, you can withdraw all the money from PF. You can withdraw this money by applying online. But it is necessary for the employee to get these benefits they will have a valid PF registration
Let's know under which conditions you can withdraw money online.
You can withdraw money under this condition.
- How much money you can withdraw from your PF also depends on the balance of your PF account.
- If you are withdrawing PF money for your child, sibling, or your own marriage, then you can withdraw 50 percent of the PF balance. It is necessary for this the pf holder must have to complete their 7 years of your job.
- You can withdraw 50% of your share three times for the marriage of yourself or your child.
- You can also withdraw PF money to buy your house, for this, it is necessary to complete five years of your job.
You can withdraw money on medical emergency
If you want to withdraw money for the treatment of yourself, your wife, children, or parents, then you can withdraw the balance of 6 times your salary or the entire amount of PF, whichever is less. PF holder can withdraw the money even in the situation of illness. For this, you have to apply for hospital papers.
PF money can be withdrawn online
Now to withdraw money from PF, offices will not have to be rotated. After applying the Provident Fund money will transfer directly to the account in about 5 to 10 days. Learn what is the way to apply online.
The process to apply for the claim
Go to the EPFO ??website. Go into the portal by entering the Unique Account number, password, and captcha. Click on Manage. Check all the information on the KYC option. Click on Online Services. A drop menu will open. Click on the claim from it. Click Submit for an online claim to submit your claim form.
Advance can be withdrawn from PF
Go to 'I want to apply for'. Choose the complete EPF Settlement, EPF Part Withdrawal (Loan / Advance), or Pension Withdrawal option from it. Within 5 to 10 days of filling it, the money will be transferred to the bank account registered on EPFO. Information related to the transaction or account will also be available through SMS on your registered mobile number. You can apply online to withdraw Pf money. Only if your EPF account is linked to Aadhaar.