Purpose and limits of PF Amount WithdrawalHemlata Khandenwal / 2020-03-13 02:29:44
An application to withdraw money from a PF account that has PF registration online can be made only if you are unemployed or retired. 75% of the money can be withdrawn from the EPF account after 1 month of unemployment and 25% of the rest after 1 month. you can fill the claim online EPF withdrawal form to withdraw money. but you can apply online only when your Aadhaar is linked with your UAN. the EPFO operates directly under the jurisdiction of the government and is managed by the ministry of labor and employment.
How much money can be withdrawn from the EPF account?
- It depends on what purpose is withdrawing money from.
Purpose to withdraw EPF amount
Small portion of the total amount or six times the monthly salary
50% of PF contribution
Home loan payment
Up to 90% of EPF
12 times monthly salary
Total EPF Amount
75% can be withdrawn after 1 month of unemployment and 25% of the rest after 1 month.