Dear Seniors,,
I wanna know that in which situation/condition we can get advance from our EPF account, plz explain..
I also wanna know that how much amount we can take as advance from our EPF account, plz also suggest complete procedure to take advance from pf account
Rgds
Tarun Chauhan
From India, Dehra Dun
9I wanna know that in which situation/condition we can get advance from our EPF account, plz explain..
I also wanna know that how much amount we can take as advance from our EPF account, plz also suggest complete procedure to take advance from pf account
Rgds
Tarun Chauhan
From India, Dehra Dun
Withdrawals:
For Purchase of site for construction of house - Min 5 yrs in PF membership
For Construction of House - Min 5 yrs
For Purchase of Flat - Min 5yrs
for additions/alterations to the house - Min 5 yrs
Can withdraw members share with employer share together with interest.
Advance :
For illness - stay in hosp. for a month - 6months wages+DA
For marriage of son/daughter/sister/brother - min 7 ys in membership - 50% of members own share
more details : EPFO <link updated to site home>
From India, Lucknow
For Purchase of site for construction of house - Min 5 yrs in PF membership
For Construction of House - Min 5 yrs
For Purchase of Flat - Min 5yrs
for additions/alterations to the house - Min 5 yrs
Can withdraw members share with employer share together with interest.
Advance :
For illness - stay in hosp. for a month - 6months wages+DA
For marriage of son/daughter/sister/brother - min 7 ys in membership - 50% of members own share
more details : EPFO <link updated to site home>
From India, Lucknow
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.