Query ??? EPF -Loan facility
Re: Query- EPF Loan
Hi, i need EPF loan for my sister marriage and im in 5 years service 2 years with one organization (EPF amount has claimed) and 3 years with another organization which im working currently.
Am i able to avail loan for my sister marriage?
How long it will take to proceed the loan process?
Pls clarify
Regards
Kumaraguru. R
From India, Mumbai
Re: Query- EPF Loan
Hi, i need EPF loan for my sister marriage and im in 5 years service 2 years with one organization (EPF amount has claimed) and 3 years with another organization which im working currently.
Am i able to avail loan for my sister marriage?
How long it will take to proceed the loan process?
Pls clarify
Regards
Kumaraguru. R
From India, Mumbai
In order to take advance for marriage you should complete seven years of PF service. Since you have withdrawn the PF accumulations of the previous employment that 2 years service will not be counted and as such your service is limited to three years only which is insufficient for the purpose.
Regards,
Madhu.T.K
From India, Kannur
3891Regards,
Madhu.T.K
From India, Kannur
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Introduction Of One Employee One EPF Account Facility.pdf