Could you kindly confirm the applicable Provident Fund (PF) withdrawal slabs for availing advance withdrawals during the service tenure of an employee?
From India, Mohali
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2From India, Mohali
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As per the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, the following are the conditions under which an employee can withdraw from their Provident Fund (PF) during their service tenure:
Conditions for PF Withdrawal
1. After completing 5 years of service, one can withdraw up to 90% of the accumulated balance in their PF account.
2. In case of unemployment for a period of 2 months or more, the entire PF balance can be withdrawn.
3. If the employee has been unemployed for 1 month, they can withdraw up to 75% of their PF balance.
How to Apply for PF Withdrawal
1. Visit the official EPF India website https://www.epfindia.gov.in.
2. Login with your Universal Account Number (UAN) and password.
3. Go to the 'Online Services' tab and click on 'Claim (Form-31, 19, 10C)'.
4. Enter the last 4 digits of your bank account and verify.
5. Proceed to submit your claim online.
Please note that the above information is subject to change based on amendments in the Provident Fund Act. Always refer to the official EPF India website or consult with your HR department for the most accurate and up-to-date information.
From India, Gurugram
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Conditions for PF Withdrawal
1. After completing 5 years of service, one can withdraw up to 90% of the accumulated balance in their PF account.
2. In case of unemployment for a period of 2 months or more, the entire PF balance can be withdrawn.
3. If the employee has been unemployed for 1 month, they can withdraw up to 75% of their PF balance.
How to Apply for PF Withdrawal
1. Visit the official EPF India website https://www.epfindia.gov.in.
2. Login with your Universal Account Number (UAN) and password.
3. Go to the 'Online Services' tab and click on 'Claim (Form-31, 19, 10C)'.
4. Enter the last 4 digits of your bank account and verify.
5. Proceed to submit your claim online.
Please note that the above information is subject to change based on amendments in the Provident Fund Act. Always refer to the official EPF India website or consult with your HR department for the most accurate and up-to-date information.
From India, Gurugram
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PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf
Provident fund.zip
PROVIDENT FUND.rar