sanjayksri
1

Dear Seniors,
I am working in a Pvt. Ltd. Co since four years and since than EPF is deducted from my salary till present.
I want to know that can I withdraw my EPF amount without resignation or not because i have some urgent need of money.
Thanks in advance.

From India, New Delhi
kannanmv
257

Dear Sanjayksri,
You can withdraw amount from PF subject to certain conditions like Marriage for self and dependant sisters, brothers etc. Likewise you can withdraw amounts for purchasing of dwelling house or repayment of housing loan. For specified medical treatments amount can be withdrawn. You need to submit FORM 31 for claiming amount. But the PF authorities will sanction only if you satisfy the qualifying conditions.
On the other hand it is not like a bank account wherein you withdraw the amount depending upon your needs
M.V.KANNAN

From India, Madras
abbasiti
517

Regarding PF there is provisions to withdraw fully or partially, subject to the following conditions; provided a minimum employee contribution (with interest) of Rs. 1000 is lying with PF.

1. 68(B) -Towards house consruction/purchace/ plot purchase etc. Minimum service required - 5 years. Amount admiissible - 100% of both employee & employer contribution.

2. 68(H) - Towards 2 months or more lock out (due to other than strike). No minimum service. Amount admissible - 6 times of basic+DA or employee contribution, whichever is less.

3. 68(J) - Towards one month hospitalisation, major surgical operation, diseases like leprosy, TB, cancer, mental retardation etc. No minimum service, but for out of ESI coverage members. Amount admissible - 6 times of basic+DA or employee contribution, whichever is less.

4. 68(K) - a) Towards post metric education of children.

b) Towards own/brothers'/sister's/children's marriage. Maximum three times in service. Minimum service required - 7 years. Amount admissible - 50% of employee contribution.

5. 68(N) - Applicable for physically handicapped towards purchase of equipment to reduce handicapness.Amount admissible - 6 times of basic+DA or employee contribution or cost of the equipment, whichever is less.

6. 68(NN) - After attaining an age of 54 years and before one year from the date of superannuation, whichever is later. Amount admiissible - 90% of both employee & employer contribution.

Abbas.P.S, ITI Ltd, PALAKKAD - 678 623

Ph. +91 9447 467 667

From India, Bangalore
sankar4pf
I was employed with "employer X" from 29 June 2005 to 15 October 2007.
Then I was employed with "employer Y" from 16 October 2007 to 24 December 2009
I then got employed with "employer Z" from 11 January 2010 till date.
During this period my EPF account number has changed with each new employer. But I never withdrew any amount. Each time I transferred the amount to the new EPF account with the respective employer.
How old is my EPF membership? Can I apply for advance with form 31 for purchase of a dwelling flat?

From India, Bangalore
sanjayksri
1

Dear Sankar,
As per your case you have not withdraw EPF since 29th of June 2005, only transfer your EPF account to new one till date, so you are eligible of getting advance for purchasing flat because your EPF account is more than 05 years old.
Seniors, please suggest.........

From India, New Delhi
Ishpal Ahuja
Dear All,
Iam working with my present organization for more than 5 years
I want to apply for advance from my PF for Alteration / Repair of house
Please suggest
1. The house for which I want to apply is more than 15 years old build , but I have purchased the same recently . Can I apply for the PF advance for alteration/repair of same
2. What are the documents required along with Form 31 and declaration form to be submitted to PF office
3. What will be the normal time for issue of advance
Looking forward for urgent support
Thanks & Regards

From India, New Delhi
Anonymous
Hi I have completed two years and three months I don’t want take loan and repay my pf I want to take partial amount please instruct me how to do
From India, Bengaluru
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