Withdrawal Of PF To Facilitate Housing Needs Of Workers

Government of India vide gazette notification dated 12th April 2017, has made amendments to the Employees Provident Funds Scheme. A member may withdraw or finance from the amount standing to his credit in the Fund, for the purchase of .TRdwelling house or flat or the construction of a dwelling house. The amount of the withdrawal should not exceed ninety percent of contribution and interest accumulated in his share.The withdrawal can only be made once and is restricted to members who have had membership of the Fund for at least three years.
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21st May 2017 From India, Bengaluru

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