What's New



No. of views : (781)

Great news!! EPFO gives permission - In just one hour it is possible to withdraw Rs 1 lakh from PF!!

...................................................................................................

Posted on : 04/Aug/2021 9:11:27 AM



 
 
 
The lives of people have been turned upside down in this Coronavirus infection pandemic and people are finding it hard to meet their expenses.

To make the lives of people happy in these tough situations, EPFO or Employment Provident Fund Organisation has given permission to its members to withdraw advance money to deal with the crisis. It is possible now for the people to withdraw money from their PF accounts in just one hour of time. Linking Aadhar number with PF UAN must be done to get money.

In times of urgency, we could make use of this to withdraw money to meet the expenses. It is now brought out that EPF members would be able to withdraw Rs 1 lakh in advance from their PF account for their emergency medical treatment or hospitalisation. For this purpose, there is no need to produce any documents etc. To help the EPF members, this new facility has been started now.

Information is that when an EPF member gets admitted in the hospital then he would get an amount of Rs 1 lakh. In the past also, during the times of medical emergencies a person was able to withdraw Rs 1 lakh from the EPF amount. This was allowed only after submitting the medical bills. In the new rule, there is no need to submit medical bills etc and it is enough to just apply for the advance money. A person could withdraw money from PF by logging on to www.epfindia.gov.in website.
 
Gold Rate in Chennai
 




 




 













This portal designed, developed and maintained by JB Soft System since year 2005.