E-PFO SARVICE
CONTACT :7039963129
MAIL ID :SKROY5623@gmail.com
PF Withdrawal Rules & Claim Online
EPFO has revised its many rules regarding withdrawal from the PF account in 2021 with the aim of providing PF account holders with easier access to their PF funds who are facing financial difficulties due to COVID-19 pandemic. Under the new rules, PF members can withdraw money equivalent to their 3 months’ basic salary + dearness allowance or 75% of the total balance available in their EPF/PF account, whichever is lower. It will be considered as a non-refundable deposit and members can raise withdrawal claims online. The timeline stipulated for settling online claims is within 3 working days and up to 20 days for offline claims settlement.
The PF amount can be withdrawn for various reasons such as for house construction/addition, marriage expenses of self/children/siblings, post matriculation education of children, medical expenses, natural calamity, purchase of equipment for physically handicapped, factory closure, cut in electricity in establishment, and so on.
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