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EPF Withdrawal and Advances- Rules, Forms and Procedure
June 24 , 2013

Thanks to EPF legislation, most salaried employees in India acquire some savings for their future during their course of employment. EPF should ideally be untouched until retirement but you can pull out some funds from it under certain circumstances where otherwise you would be forced to resort to a loan. Important rules, forms and procedures relating to EPF withdrawal and advances are covered in this article.

When can one withdraw from EPF?

The only  purposes for which you can get an advance from EPF are for funding unavoidable expenses like medical treatment, education of child, marriage of child, sibling, self and towards creating an asset- house.

Conditions for withdrawing or getting advance from PF, maximum amount and number of times of withdrawal permitted and forms for various types of advances are summarized in the table below.

Purpose of PF withdrawal

Eligibility conditions

Maximum amount

Form

Education of child

Minimum 7 years of service;

Post 10th studies;

Certificates from institute about course and expenditure required

50% of your contribution; 3 times in service

31

Marriage of child, sibling or self

Minimum 7 years of service

50% of your contribution; 3 times in service

 

Medical treatment for self, spouse, child, dependant parents

No minimum service requirements;

Minimum 1 month hospitalization required;

Major surgery or suffering from TB, leprosy, paralysis, cancer, mental disorder, heart ailment;

If for self, company should have given you leave for treatment;

Should be certified by a doctor or specialist in case of TB, leprosy etc.

Lesser of your contribution or 6 times salary (Basic + DA)

31

Home loan repayment

Minimum 10 years of service;

House should be owned by you or jointly with spouse but no one else

36 times salary; once in service for either repaying home loan or buying/building house

31

Buy a plot

Minimum 5 years of service;

Should be owned by you or jointly with spouse and no one else

36 times salary; once in service for either repaying home loan or buying/building house

31

Buy or build house

Minimum 5 years of service;

Should be owned by you or jointly with spouse and no one else

36 times salary; once in service for either repaying home loan or buying/building house

31

House repair, renovation, addition

Minimum 5 years of service after construction of house;

Should be owned by you or jointly with spouse and no one else;

Certificate of construction/utilization required

12 times salary; once in service

31

Leaving job or termination

On leaving employment, retirement or termination

Entire balance in EPF account

19

Leaving job or termination or retirement

Minimum 10 years of service;

50-58 years of age

Pension scheme withdrawal

10C

Transfer to another company

-

Entire balance in EPF account

13

EPF withdrawal on leaving job

Most people who leave a job withdraw from their PF account with the previous employer instead of transferring deposit and clubbing old account with new PF account. In fact PF rules do not allow withdrawal on switching jobs if your new company is registered under EPFO unless you have been unemployed for minimum 2 months. This does not apply to women who switch jobs and who wish to withdraw for the purpose of marriage. Regardless of this many employees who switch jobs withdraw their PF account balance by submitting form 19.

How to withdraw from EPF

If you wish to withdraw from your PF account balance for one of the above mentioned purposes and if you are eligible, you should download the fill relevant. Forms are available in downloads section of this site as well as in EPFO website. You can choose to receive withdrawal funds through direct credit in your account in a scheduled bank, co-operative bank or Post Office savings account, or through your company or through money order.

Where to submit form for EPF withdrawal/advance

The filled form accompanied by certificates specified should be signed and attested by your employer. If for some reason it is not possible to get attestation done by your employer you can get it done by the manager of a PSU bank, magistrate/notary/post master or any gazetted officer.

Your EPF withdrawal application has to be sent by post or courier to the PRO wing of the regional/sub regional EPFO office. If your employer attest it and sends it well and good else you can do by yourself. 

In case you do not have employer's attestation it will be worthwhile to attach a letter telling them the reason why. Once the application is submitted it would take at least a month to get any communication from EPF office.

If you are long done with all this try your luck with EPF claim status mechanism. For this you should know your PF account number. If the status is clear and you still have not received your withdrawal/advance claim you can try RTI.

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