Stories
EPFO Rules: Know the limit for withdrawing PF money for medical, education and marriage
- •The Employees' Provident Fund Organisation has simplified its advance withdrawal rules, allowing salaried employees to access funds during emergencies.
- •There is no fixed limit on the number of times members can withdraw PF advances for medical treatment for themselves or family members.
- •A maximum of 10 withdrawals are permitted for education and up to 5 withdrawals for marriage during the entire period of membership.
- •For house-related needs such as buying a plot, building a house, or repaying a home loan, members can withdraw a maximum of 5 times.
- •Eligible members can withdraw up to 75 percent of their PF balance while ensuring a minimum balance of 25 percent remains intact.
Key Questions Answered
Under revised EPFO rules, eligible members with 12 months of membership can withdraw up to 75% of their PF balance. For medical needs, there is no limit on the number of withdrawals. However, education-related withdrawals are capped at 10 times, and marriage expenses are limited to a maximum of 5 times during the entire membership period.
Members can withdraw PF advances for housing-related purposes—such as buying a house, purchasing a plot, building a house, repaying a home loan, or renovating an existing property—a maximum of 5 times during their entire membership period. Specific conditions regarding the property and membership duration must be met.
According to the updated EPFO framework, members must complete a minimum membership period of 12 months to be eligible for partial or advance PF withdrawals. Additionally, subscribers must ensure their UAN is active and KYC details are updated before submitting an application through the EPFO portal.
