TDS (Tax Deducted at Source) is applicable on pre-mature EPF (Employees Provident Fund) withdrawals of Rs 50,000 or more with effective from June 1st, 2015. Also, EPF withdrawals are liable to income tax if withdrawn before five years of service. You are actually allowed to withdraw (legally) only if it has been more than two months that you are out of work and your are still unemployed.
Does this mean that you can not withdraw your Provident Fund till you retire? Are there any options to partially withdraw your EPF balance, without getting taxed?
In this post, let us learn about EPF Partial Withdrawals / Advances rules and conditions, various options that are available to an EPF subscriber to claim partial PF withdrawals and the procedure to apply for EPF advance / loan.
EPF Partial Withdrawals – Options
Below are the various reasons for which you can make a partial withdrawal from your EPF Account. These partial withdrawals are usually computed on the basis of your monthly salary or contributions made so far.
(The definition of SALARY for EPF calculation is : Salary = Basic + Dearness Allowance. So, salary here does not mean your Take Home salary. Also, the ‘number of years of service’ is the total number of years you have worked / contributed to EPF. It can be with multiple employers. The amount of advance/withdrawal is not required to be refunded under normal circumstances. If the amount is not utilized, the same should be refunded with penal interest)
EPF Advance / Withdrawal for Purchase of House / Flat, Construction of House and acquisition of Site
You can withdraw up to 90% of EPF Balance (Employee share and interest on that+Employer share and interest on that) or the cost of the construction of property whichever is less. You are allowed to withdraw only once in your working life from the EPF Account to fund the construction, purchase or repayment of a housing loan.
To avail this option, you should have completed 5 years 3 years of service (with effective from 12-April-2017) to purchase or build the house. For buying land or site, the withdrawal amount can be 24 times of your basic wage and should have completed 3 years of service. (Kindly note that as per EPFO’s staff, if you are purchasing from a builder directly, then the minimum PF membership is still considered as 5 years only.)
Your accumulated EPF balance must be more than Rs.20,000. If your spouse is also the EPF member, then the combined balance will be considered for the eligibility.
Henceforth, the EPFO will not transfer the Advance amount to EPF member (employee’s) account. The amount will be credited to Cooperative society, Central Government, a State Government, or any Housing Agency under any Housing Scheme or any promoter or builders as the case may be, in one or more than one installments.
If the amount of such withdrawal is more than the actual cost or expenses of acquiring the property, then you have to refund such excess amount to EPFO in lump sum within 30 days from the date of allotment / completion of project / alteration of house etc.,
In case, you do not utilize the EPF advance amount completely for the said purpose, you have to refund the entire amount to the EFPO account within 15 days.
Below table has all the required details.
Below is the standard ‘Declaration Form‘ provided by the EPFO. The EPF member has to submit this form in case the ‘partial withdrawal’ is for HOUSING purposes. There is no need to enclose any other documents like copy of Sale Deed, Building Sanction plan, Encumbrance Certificate etc., The form has to be signed by the employee and the employer. Click on the below image to download the ‘Declaration Form Template’. This standard declaration form will be discontinued from Feb 2017. Henceforth, there is no need to submit this form (latest update as on 22/Feb/2017)
For obtaining EPF advance for purchase of house/site, employee(s) have to now submit application letter as below;
Latest Update (22-February-2017) :
EPFO has introduced new composite, single page and common Withdrawal form for all types of Withdrawals. This new Composite Claim Form (CCF) will now replace all the existing withdrawal Forms 19, 10C & 31 (both UAN & Non-UAN based). Kindly read this latest article @ New EPF Composite Claim Form | Single Page Form for different types of PF Withdrawals (Full / Partial).
Withdrawals from EPF A/c for Repayment of Home Loan
If you are prepaying the debt (loan), you should have completed at least 10 years of service. To avail this provision, you need to submit Loan certificate / statement to your employer, along with From 31 (form for EPF partial withdrawal),.
The withdrawal amount that is admissible for this reason can be least of the below;
i) 36 times of your monthly salary (or)
ii) Total contribution (or)
iii) total outstanding home loan amount
You can now use your EPF balance to repay your home loan EMI either fully or partly. You can instruct the EPFO to deduct monthly amount from your PF balanced and the same will be transferred to your Loan account, as long as there is sufficient EPF balance in your account. This transfer will be active as long as you are the member of EPF. Once your membership of EPF ceases, then EPFO will stop to repay the loan.
You need to submit below authorization letter to EPFO;
EPF partial withdrawals for Medical Treatments
The EPFO allows advance withdrawals whenever you need funds for medical treatment for yourself or a family member (spouse, children or dependent parents). No minimum years of service is required. However minimum one month of hospitalization is a must.
The advance can be taken for all major surgical operations or for treatment of critical illness. You have to submit proof of hospitalization, leave certificate along with Form 31, in case the funds are for your own treatment. (Latest Update (28-Apr-2017) : For partial withdrawal towards medical treatment, now there is no need to submit any medical certificate or document. For more details, kindly read – ‘EPF advance for medical treatment‘)
EPF Partial Withdrawals for Education or Marriage Expenses
You can make a partial withdrawal for marriage of your children, brother / sister and yourself if you have completed seven years in service.
You can also make a partial EPF withdrawal for meeting education expenses of your children. Do note that only ’employees contribution’ is allowed to be withdrawn.
EPF advance to an Employee who is physically handicapped
An employee who is physically challenged can apply for EPF partial withdrawal for purchasing any equipment that can minimize the hardship on account of handicap.
Partial Withdrawal within one year before retirement
After attaining 54 years of age and within one year before retirement, a partial withdrawal of up to 90% of PF amount is allowed.
How to apply for / claim EPF partial withdrawals?
You need to submit EPF Partial Withdrawal form i.e., Form no 31 along with the required documents / proofs to your Employer. In EPF’s Advance form no 31, you need to provide your personal, PF account, salary and bank account details. Once the claim is processed, you will receive direct credit to your bank account.Do note that only after your Employer verifies your partial withdrawal application will the EPF office processes it.
Latest Update (22-Feb-2017) : With effective from Feb 2017, Form 31 will be replaced with new EPF Composite Form. Kindly click here to know more.
Your EPF contributions / savings are meant for your retirement (long-term). So, think twice before you withdraw your PF money. Try out all the options and sources to fund your expenses or needs. EPF Partial Withdrawals should be your last resort.
Latest News : You can now submit PF new claim forms directly to EPFO office without your Employer’s attestation. Download New Composite Claim Form. Click here for complete details.
Latest update (22-June-2017) : EPFO (Employees Provident Fund Org) & HUDCO (Housing & Urban Development Corp) plan to tie up for providing housing subsidy to members of EPF Scheme, under Pradhan Mantri Awas Yojana. As per the recent notification, EPFO now allows its subscribers who want to buy a house property from Housing Societies / Agencies to withdraw up to 90% of their EPF accumulations to buy homes.
Latest Update (27-June-2018) : EPF Subscribers who resign from their service can now withdraw 75% of their total Provident Fund (PF) kitty after one month from the date of cessation of service. This will be considered as a Partial PF withdrawal (Advance).
Continue reading : ‘Online EPF Claim submission : Process Flow & Eligibility Conditions‘
(Source & Reference: EPFO. Photo Credit : rediff.com)
Hi Shreekanth
I have applied partial withdrawal of 1lac out of 1.2 I have in my account for medical purposes. Will this be rejected? If so, will I get a notification as to how much(in amount) I can withdraw?
Dear Mohammed,
You claim can be rejected (or) EPFO may settle it with the eligible amount.
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Hii sir
I am RAJENDER PRASAD from hanumangarh Rajasthan
सर pf withdrawal मे 90% निकालते है तो total pf( Employee fund +Employer fund ) से निकलता है क्या या only employee fund se निकलता है । सर plz plz plz reply dena sir emergency hai sir 🙏🙏🙏🙏
Dear Rajender,
You can withdraw up to 90% of EPF Balance (Employee share and interest on that+Employer share and interest on that) or the cost of the construction of property whichever is less..
Hello Sreekanth, My PF contribution was alive since 1st Dec. 2000 till 30th Jun 2018. Now I am 42 years old and want to earn interest on my account.
Please explain me the tax liabilities in this regards, if I want to withdraw the same
a) at the age of 58
b) Partial withdraw
Dear Subrat,
You may kindly go through these articles:
* EPF Interest Income & Withdrawals | Tax Implications | Is EPF Interest taxable?
* Tax Implications of EPF, PPF & NPS Withdrawals (Full / Partial) & Maturity proceeds
* Interest on Inoperative EPF accounts | Will I get interest on my Dormant EPF account?
Hi Sreekanth, Pls guide me how can I withdraw partial amount from pf.
Dear Rakesh,
You can submit partial PF claim request through EPF Member portal or UMANG mobile app.
Kindly read :
* Online EPF Withdrawal Facility : Details & Procedure
* Online EPF Claim submission : Process Flow & Eligibility Conditions
Hi SreeKanth,
When I applied wanted 3 Lakh of PF Advanced for House Construction but by mistakenly I typed 30 k. For that I received 30 k to my bank. Again I’m trying to apply the claim for House Construction of 2.5 lakh but rejecting with below reaon.
1) ALREADY AVAILED ADVANCE U/P 68B(1)(C) FOR CONSTRUCTION OF HOUSE 2) ALREADY AVAILED ADVANCE FOR PERMISSIBLE TIMES
Kindly suggest me to withdraw my adv pf.
Dear Sreedhar,
For the purpose of ‘house construction’, an EPF member can claim only once in lifetime.
Hi Sreekanth,
I applied last year form 31 two times amount settled. this year i tried but showing
Error while AADHAAR authentication: “Pi” (basic) attributes of demographic data did not match.
i don’t no what is error? please help me how to correct error
and how to applied next time
Dear KS,
I have noticed that this type of ‘data mismatch’ error has been reported by by some of the EPF members where their data is perfectly alright. Looks like there can some (temporary) tech issue @ EPFO.
You may kindly submit your grievance to them via this link..
PF office is asking for bank ‘s account to pre pay loan . Bank says they don’t such option. Please advice. Looks like PF office does not issue any more cheque or DD. Bank is ICICI
Dear KP,
You can provide your Lender’s bank account details (where your loan account is being serviced) to the EPFO.
Kindly refer to the Annexure-I image in the above article.
Hi Sreekanth,
Today I have logged in UAN portal and noticed that my Father name is updated incorrectly (Last Name is displayed before First/Middle name) and also my PAN is not verified.
But my aadhar number is verified. Could you please suggest me, whether both of the above details need to be corrected before proceed with Form 31 claim.
Note: I have just applied for PF advance withdrawals from Umang App today, but I am not sure whether the claim will be rejected or successfully processed.
Thanks in advance,
Tushar Dhar
Dear Tushar,
Your partial withdrawal can be processed I believe.
You can submit a joint declaration to the EPFO through your employer and can get your Father’s name updated.
Kindly note that your name format should be the same across Aadhaar – PAN – EPF UAN.
Related articles :
* EPF UAN Name Correction online | How to update your Personal details in UAN? |New procedure
* How to verify PAN online in EPF UAN Member portal?
Hi Sreekanth,
I have applied for epf claim under form-31(house construction) recently. It got rejected by saying the reason “NOT ELIGIBLE TO CLAIM DUE TO INSUFFICIENT MEMBER SERVICE./NOT ELIGIBLE TO CLAIM DUE TO INSUFFICIENT MEMBER SERVICE.”
But I have more than 5 years of service(if the service is not there then it will not allow to select the option of construction of house in the dropdown while Claim).
I have three PF accounts under one UAN, all the previous balances transferred to the current PF on(May2018) the last PF account opened on Feb 2018.
Please let me know what would be the reason for rejection(rejected twice).
I have 3.75 Lakhs (2.24(employee) +1.51(employer)), How much maximum i can claim under form-31 for house construction.
Please help me
Thanks,
Mahesh Babu.K
Dear Mahesh,
Did you apply for 90% of PF balance?
Hi Sreekanth, first time I applied for 2.5 lakh and second time I applied for 1.8 lakh which is around 90% of employee contribution. How much can I apply .?
Dear Mahesh,
An EPF member can apply only once in his/her life-time for the purpose of ‘house construction’.
Also, kindly go through below points ;
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
hi sreekanth, i want to apply for form-31 with option of not getting salary >2 months option(at present i am not employee of that company). howmuch percentage i can apply and does it need any approval of employer ?
Dear Jai,
I am unable to understand this – ‘with option of not getting salary >2 months option’ ??
May I know the purpose of withdrawal?
Hi Srikanth Reddy,
I have 2 epfo accounts. One is my previous company account and another one is current company account. I served 2.5 years in my previous company and 2.5 years in current company. I would like to withdrawal both accounts PF amount. I have few queries regarding withdrawal. Can you please guide me.
1. Withdrawal by linking previous company PF is good option or withdrawal both accounts is good option?
2. Will they consider as 5 years service for my current PF account If I link my previous company PF account?
Can you please give clarity on these 2 queries?
Thanks,
Kumar
Dear Sravan,
Are you referring to Full withdrawal?
If it is partial withdrawal, may I know the purpose of it?
Hi,
I’m applied pf partial withdrawal 5 times. So I’m unable to apply pf advance in online process. So offline process available I know that. But my question is how many years after I’m eligible to apply online process?
Dear Ruthwik,
Did you submit all your online claim requests (5 times) in FY 2018-19? When did you last submit?
Yes submit 2018-19
Dear Ruthwik,
Did you try submitting now? (as new FY has begun..FY 2019-20)
Sorry, I’m submitted claim the financial year 2019-20, so can I wait one year or more than one year?
Dear Ruthwik..Do you mean to say that you have submitted 5 claim requests in the last 10 days??
Yes recently submitted claim for 5th time. I got a claim amount also. So if apply again pf withdrawal for advance exceeded something error was getting. So how many months are wait for apply online process in advance pf withdrawal?
So how many years to wait for online process
i had received msg stating that my partial pf has been approved and shall soon be sent to your bank ac….its been more that 2 days still the amount has not been credited…. What is the max time taken to credit the amount once approval is received
HI Sir My claim ( has been rejected due to :- K/K) means
Dear arun ..i am not sure..
You may kindly submit your query to the EPFO and check on the reason for rejection, via this link..
I have applied for advance PF withdrawal form 31 on Feb 22nd it shows only CLAIM REJECTED. again I’m applied for the same PF advance 31 illness purpose but now also same rejected status shown.Im claim for 25000rs in my PF account employee share iS 26200
Please give some suggestions for claim the amount .
Dear Vicknesh,
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Hello Sreekanth,
I have applied my advance pf on 30 th jan 2019. finally claim got settled on 5th March but I have still not received any amount in my bank account. I filled grievance also on 9th but got no update. What I can do now this is really hectic process and more then thi day wait time.
Dear Ranoo,
Kindly re-check your bank account number that is updated in UAN KYC.
Hi sree,
I have worked in two companies but in the online services -Form 31 it is showing only current company details.Therfore i am not able to choose option for construction of house.Can you please help me.
Dear Pramod,
Did you get the funds transferred from your old EPF account to current EPF account?
Hi Sir,
applied pf advance a week back for my health purpose. the status in uan portal says under process. please help
Dear Anu,
EPFO generally takes 10 to 15 days to process online claims..
I have applied for advance PF withdrawal on Feb 22nd have not received the payment yet… it shows only UNDER PROCESS.. Please confirm. Few of my colleague who applied for withdrawal has received their payment withdrawal within 5 days… can u confirm
I have applied for illness purpose
Dear Jaya..The EPFO generally takes 5 to 15 business days to process online claim requests.
You may submit your grievance to them via this link..
Hi Sree…. i completed 5 year service in previous company and that the PF amount has been transferred to current new company … i am planing to withdraw my PF amount with current company PF account ( as per 5 years completed guidance ) but while withdraw the PF thought online it’s asking to withdraw option like ADVANCE …why is showing in ADVANCE after completed 5 year also ….There are many options showing to withdraw the amount , which option i need to select get 90 % amount.??????. Please help on this ..
Dear Hari,
If you are currently employed and contributing to EPF scheme, you can not make full withdrawal (EPF- Form 19 & EPS-Form10c).
You can only submit partial claim requests for certain purposes.
kindly go through below points ;
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Yes, form 31 is for partial withdrawal. Ideally, EPFO processes online claim requests within 10 to 15 business days..
Hi,
i am planning to purchase a resale flat and for that i wanted to withdrawn 90% of my PF amount , i am in service for 12 years.
1. what are the documents need to submit while claiming.
2. what will be the categories to select for to raise a claim , construction of house is showing form 31 .
3. how many days will it take to credit the amount to my account.
waiting for your response
Thanks in advance.
Dear Ranjit,
kindly go through below points ;
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Yes, form 31 is for partial withdrawal. Ideally, EPFO processes online claim requests within 10 to 15 business days..
Thanks a lot.
One query..
Do I need to submit the sale agreement while claiming.. and what other documents required to submit.
Thanks
Dear Ranjit,
No need to submit any documents..
Thanks
I am claimed advance pf against medical purpose for wife.
but portal is shown MAXIMUM NOMBER OF ONLINE EXCEED. TY PHYSICAL MODE.
Pf office not receive form 31 offline mode they said apply only online mode.
What I do? For medical i need pf advance urgently.
Dear Kapil,
I have noticed that EPFO has been rejecting the online partial withdrawals for medical treatment purposes once such claims up to 3 to 4 times have been made in a FY.
And they are not accepting offline claim requests as well.
Kindly submit your grievance to them via this link..
What is the procedure of refund for unutilized withdrawn amount? Is there any specific form available for refund process?
Dear Zaid,
Actually there is no need to deposit the unutilized PF amount.
But, you may check on this with your employer/EPFO.
Can submit your grievance to them via this link..
Dear Sreekanth,
I am contributing to EPF for past 4 yrs with same employer, can i claim advance PF by choosing > 2 months non wage payment in claim form with still working with the employer. Will there be any issue with it. Please suggest
Dear santhosh,
If you are making contributions to the EPF scheme, your claim may not be accepted with that claim reason..
Dear Sreekanth,
Then what reason should i mention to claim the advance
Dear Santhosh,
Kindly refer to the Partial withdrawal options given in the above article..
Husband and Wife bought Home Jointly,
now can both husband and wife withdraw money from their respective PF account for the home jointly owned ??
For eg,
Husband has 3 lacs in his PF account
Wife has 3 lacs in her PF account
They buy home Jointly
Husband withdraws 90% PF = 2.7 lacs
Wife withdraws 90% PF = 2.7 lacs
Above example is valid in real life ?
Is this possible that both husband wife withdraws money from their respective PF accounts
For the same home that they bought jointly ??
Dear venky,
Yes they can withdraw as mentioned in the abv ex.
But, kindly go through below points ;
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Hi Sreekanth,
Good Noon.
I have requested for 15000 of my PF amount for withdrawal(reason -illness).I have like 3 years of experience where only 1800 got credited to my account.During the time I have requested for PF withdrawal my new company has raised PF transfer request too.so I am not clear with the reason behind my amount transfer.can you suggest me the idea for amount withdrawal.
thanks
Meena Siddan
the total amount in PF is 84000
Dear Meena,
Has the Transfer been completed?
Ya .The status in EPF portal is “claim settled “.Now I got 1800 to my bank account
Dear Meena,
That’s surprising.
Probably, the claim was under process when the transfer was taking place.
You may submit your grievance to them via this link.
Or Can try submitting the partial claim request again with same reason.
Hi Sir, I worked with my previous organisation for almost years and after resigning from there I shared my old UAN with my new Organisation. The entire amount has been transferred from the previous organisation to new organisation, and it has been 6 months working with my new organisation now. But when I applied for PF Advance (Form 31) the claim got rejected stating below reason.
Could you please suggest me something as to how I can go ahead and withdraw my PF advance, as I am in need of my money (urgently).
My total PF accumulation is close to 80,000/- and I tried withdrawing 60,000/-
My contact number : +9190354565**.
Thank you in advance.
“CLAIM ID BGBNG190150025718
CLAIM RECEIPT DATE 17/01/2019
CLAIM FORM TYPE Form-31 (EPF Advance)
PARA DETAILS Construction of House
TOTAL AMOUNT APPROVED N/A
DISPATCH DATE N/A
CLAIM STATUS Rejected
REMARKS Claim-Form-31 (EPF Advance)(Construction of House)
Claim id-BGBNG190150025718 Member id-
BGBNG00441750000012457 has been rejected due to
:- NOT ELIGIBLE INUFFICIENT SERVICE/OK”
Dear Shoaib,
Do you meet the eligibility criteria for the said purpose of claim?
You may also submit your grievance to the EPFO online via this link and let them know your total service period..
my employer has generated 2 uan how can merge it, also suggest can i calim full amount of non active uan pf fund in my bank account
Dear manoj,
If you are contributing to EPF scheme now, you can not withdraw full EPF from previous EPF account.
You can get the funds transferred from old EPF ac to new/current EPF ac, during this process your old UAN gets automatically blocked.
Related article :
Have you been allotted two UAN numbers? How to get multiple EPF UANs merged?
My self Selva, I am also applied 5 times in advance claim, now i can’t apply withdrawal, If there is an option to submit a cliam in offline, then what is the form number and procedure
Dear Selva,
Kindly read : New EPF Composite Claim Form | Single Page Form for different types of PF Withdrawals (Full / Partial)
hello sir,
my self manoj kr gupta as i have applied 5 time for illness loan but 2 time is rejected and 3 time is approved but but any amount is not transferred in my bank account due to wrong bank details after that i opend new bank account and updated same in my kyc, then i was applying for loan portal is saying your online limit is exceeded you have to submit offline form.so may i know if any claim not settled in my account so can my limit can reset and can i apply online or not plz help.
Hi.. i require your suggestion on my EPF related query.
I Joined Job April-13 & quit 10th March-18, new organisation still not contributing any EPF (As no of employee less).
So, if i withdraw my contribution, is this taxable?
How much tax will be payed?
thank you very much.
Dahiya.mandeep**@gmail.com
Dear Mandeep,
If your service period is less than 5 years then claim amount is a taxable income, else it is not..
Kindly read :
* EPF Withdrawals : New Provisions & Rules related to TDS
* EPF Interest Income & Withdrawals | Tax Implications | Is EPF Interest taxable?
* Tax Implications of EPF, PPF & NPS Withdrawals (Full / Partial) & Maturity proceeds
Dear Sreekanth San,
Thank you very much for you reply.
I come to know that if there complete 4 years and upon that having 240 days, than considered as 5 years.
Actually, i didn’t know this definition is right or some body defines as per his convenience.
Please reconsider once more .
thank you very much San
Mandeep
Dear Mandeep,
The ‘ 4 years – 240 days’ clause is generally applicable for Gratuity payment cases.
I am not very sure this is applied in EPF claim processing.
You may kindly submit a grievance request to the EPFO via this link and inquire on this..
In case, they provide information, kindly share it here, thank you!
I have left my job and had claimed for PF withdrawal.
But they rejected it by saying that my Date of joining is after September 2014.
Kindly tell me what can I do to withdraw my PF and which form should I have to fill up.
Dear Santosh,
Did you apply through online or offline mode?
If offline, did you quote your UAN mode?
Sir, Can you please help me understand this rejected reason as below. Thanks in advance.
Claim-Form-31 (EPF Advance)(Illness) Claim id-PYKRP181150027747 Member id-PYKRP00457940000021655 has been rejected due to :- PF AC NO 35518 7003 ALREADY SETTLED FOR THE PERIOD 19112012 TO 2016 HENCE ENTERED SERVICE WRONG/PF AC NO 35518 7003 ALREADY SETTLED FOR THE PERIOD 19112012 TO 2016 HENCE ENTERED SERVICE WRONG
Regards
Arun
Dear Arun,
Have you already claimed final settlement on the above said old EPF account?
Yes, I did. But in this current account I claimed for illness few months back and they got settled. Can you please why they rejected, if request again for 50% of my current EPF account will it get processed? Please let me know.
Thanks
Dear Arun,
You need to claim advance from the latest EPF account.
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Thanks for the clarification,
Interesting, I did claimed against the current account as you see in reason message it is Member id-PYKRP00457940000021655 , But when they rejected they have stated my old account details 355187003 , why they are doing like this..
Dear Arun,
You may submit a grievance request to them via this link and ask them for more details on the ‘reason for rejecting your claim’.
Thanks for clarification Sreekanth.
Regards
Arun
Sir, i have applied for pf advance under house construction on line and had few queries as stated below.
1.How long would it take for this claim to be settled.
2. Will the amount be credited in my epfo linked account
3. I have claimed for 90% of employee +employer including interest, i am member since 11 years with same account
Kindly throw some light , eagerly waiting for your reply
Dear Jai,
1 – Online claims are generally settled within 10 to 15 buiness days.
2 – Yes.
3 – Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Hi sir Thr was total amount of 78k in my pf account including employe share employer share and pension contributions including everything
So i had applied for 35K from tht last month and same amount got credited to my bank account
But agian i have applied for remaining 40k vll it vll be approved
Can I withdraw Employee share + Employer share+pension contribution for its medical emergency
Dear Bharath,
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
I have noticed that EPFO has been rejecting the online partial withdrawals for medical treatment purposes once such claims up to 3 to 4 times have been made.
Sir, i have applied 4 times for medical treatment, same was approved and settled. but not i m unable to apply. Message is showing – MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE.
what is time limit, how much the gap is needed. please suggest.
is there any other way through online we can apply for pf partial withdrawals.
Dear umesh,
I have noticed that EPFO has been rejecting the online partial withdrawals for medical treatment purposes once such claims up to 3 to 4 times have been made in a FY.
You may try submitting an offline claim request.
Hi Srikanth,
I have applied PF advance withdrawal on 12/21/2018 but still it showing under process in portal, but u said it will process 10-15 days, could u please confirm when can i get my advance amount
Dear Udaya,
Suggest you to kindly submit your grievance to the EPFO via this link and inquire about it..
How much limit of Fill form no 31 I am fill firm 5 time and f of reject bank IFsc code problem
Dear Paramjeet,
I am unable to understand your query, you may kindly rephrase it!
Dear sir I have apply advance epf withdrawal by online but claim shows under process
Can tell me in how many days does it will be setteled
Dear Sanjeev,
They may take 10 to 20 business days..
Related article : How to track EPF claim status online?
Hi Sreekanth , i had requested for advance pf withdrawl for reason :cut in power supply” . whats is the max
amount i can withdraw, i have 4 years of service.
Dear srikanth
May i know how many days it will take to get credit the amount of partial withdrawal to my linked bank account .?.I have raised request for partial withdrawal in online .
Dear Rajendra,
Generally they take 10 to 15 business days to process online claim requests. Once the claim status shows ‘claim settled’, it takes 2 to 5 days to get the amount (from claim settlement date).
Hay Thanks for the info.
I have completed more than 10 years now.
Earlier 5 years back I did partial withdraw for purchasing of new home.
Now can I again apply for partial withdraw for repayment of home loan ? Its been 5 years now since last partial withdrawal.
Dear Shital,
Yes, you can apply for partial withdrawal towards ‘repayment of home loan’..
Related article : Is partial withdrawal amount taxable?
Dear Sreekanth,
I would like to update with you for the information iam trying pf advance withdraw previous i applied by online 5 times for Medical Treatment, but now iam getting below error,
MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE
than you suggest to claim physical mode than i posted signed form to my account available at pf office,they are not at all responded,Then i registered grievance after 1 week they replied below details
Registration Number : SOKKP/E/2018/02561
Name : jagadeesh .e
Details of Final Reply : Only online claim are accepted.
It will be more help full to who are getting above error,
Sreekant iam requesting you is there any solution for applying pf advance please reply, thankq.
Dear jagadeesh,
Did you apply 5 times in this Financial Year itself?
You may submit a follow on grievance to them stating that you have applied online and the same has been rejected.
Looks like, the EPFO (unofficially) maintained the number of times that one can make partial withdrawal for the same purpose..
Hello Sir,
Is there any charges on partial withdrawal? Do I need to repay the same amount to EPF fund?
Thanks,
Piyali
Dear Piyali,
There is no need to re-pay the partial withdrawal (if utilized).
No charges are applicable (they are tax-exempted also).
Related article : Tax Implications of EPF, PPF & NPS Withdrawals (Full / Partial) & Maturity proceeds
Will I get epf amount to pay initial 20 percent payment for purchasing a flat and what are the documents should we submit for that?????
Dear Nikhil,
There is no need to submit any documents.. Kindly check the eligibility criteria given in the above article..
Hi Sreekanth,
I have applied online for PF advance on 7th November stated a reason construction of property. But on 11th Dec 2018, when i checked my PF status its showing Rejected with the below reason.
has been rejected due to :- INSUFFICIENT SERVICE/
From previous PF accounts, i already transferred my amount in my current company’s PF account.
My total years of service is 7.8 years.
Can you please help as i am in big need of this money for house/flat purchase.
Dear Ankit,
This has been the case with some claim requests, not sure why the EPFO is rejecting partial claims where sufficient service years has already been carried forward.
Suggest you to kindly submit your grievance to the EPFO via this link and inquire about this rejection..
You may also try submitting partial claim request through your employer or directly to the EPFO via CCF Aadhaar form..
Hi Sreekanth Sir,
Greetings…
I have transferred my Previous PF amount into Current account. (UAN IS SAME FOR BOTH ORG.)
There is being reflected only Employee Contribution & Employer contribution in PF passbook. EPS amount is still showing in previous organisation’s passbook.
Qus Is:-
1. What happened with my Previous EPS amount??
2. Is it possible to withdraw EPS amount right now from previous employer by submitting 10 C Form?? (Currently I am working) . IF NOT POSSIBLE, THEN-
When I will left my current job then & after 02 months process for withdrawal,
Will I have to separately submitted, FORM 19 & FORM 10 C for current organisation & Only FORM 10 C for previous Organisation??
Please update Sir, I’ll be highly obliged to you
Regards,
Gaurav
Dear Gaurav,
1 & 2 – You may kindly go through this [email protected] What happens to EPS on Transfer of EPF account (or) when you switch Jobs?
Thanks for the answer….
One doubt is still remains that, Its mandatory for withdrawal the EPS amount along with EPF amount.
If I only submit 10 C form to my previous employer after 02 months of unemployment, then will it not be considered???
Regards,
Gaurav
Dear Gaurav,
No, it is not mandatory to withdraw both (EPF/EPS) simultaneously.
You can submit later also..
Hi
I have applied for partial withdrawal of pf stating reason for construction of house . Can I use the amount to re-pay my home loan EMI .
It is acceptable
Dear Deepak,
Advisable to be honest with your actions 🙂
Thanks
Any time line to utilize amount after credit to the account .
What are the rule or clause in case of utilize amount or construction of house.
Dear Deepak,
Officially, there is no time-line as such, for the utilization of funds..
“The amount of advance/withdrawal is not required to be refunded under normal circumstances. If the amount is not utilized, the same should be refunded with penal interest..”
Hi Sreekanth,
How to calculate the 5 years of service. I was working in one company for 4 years and transferred the PF to other account where I worked 1 year then now I am in another company. Now I have two PF account one is with current company another with previous company. If I withdraw my previous company PF, do I need to pay Tax?
Dear Prem,
Suggest you to get the funds transferred from your previous EPF account(s) to the current one.
As you are currently employed, you can not withdraw EPF.
Kindly go through this article – Tax Implications of EPF, PPF & NPS Withdrawals (Full / Partial) & Maturity proceeds
Hello Sir,
while applying online i am getting below message form the portal,
MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE
earlier i am taking 3 times of partial amount, is there anyway to apply online again, please suggest me and may i know how many transaction is possible in online
Dear Guru,
Are the partial withdrawals for the same reason(purpose)?
I believe that officially there is no threshold limit for online claims, if its for various purposes (partial withdrawal for medical treatment can be made multiple times..).
Dear Sir,
yes the same reason only but i have received message, even there is no other option also like home, property purchasing, earlier it was there now it is not showing, please suggest me
Dear Guru,
You may to submit the claim through offline mode I guess..
Kindly submit your grievance to the EPFO on this issue via this link..
Hi sir I have applied for partially withdraw of PF,i have maintained 3companies under one UAN number but not transfer to current PF number, can I apply for partially withdraw, total employee contribution of 3 company is more than 50000, pls suggest
Dear Rajendra,
Suggest you to consolidate your EPF accounts and then may apply for partial claim.
I want to partially withdraw pf for repaying debt borrowed from an individual for house renovation. i have 9 years service. is it possible ? if yes in what catogory should I apply?
Dear Ashu,
Minimum service period is 10 years for the said purpose..
Also, I believe that loan should have been taken from an institution (but the rules are not very clear!).
thank you. Since it is used for renovation, will in not come in that catogory?
Dear Ashu ..May not come under that category..
Hi Sreekanth,
I need your advise and support to claim PF amount for home purchase,i worked in my previous employer between Nov’12-Sep’16 and Got the pf amount transferred to the present UAN account which is open since Oct’16,i could see the transfer visible in member passbook.But while i claim that iam unable to select the tab to purchase of house tab..Need your help how can i claim the transferred amount accumalated in my account.
Seshathri
Dear Seshathri,
The service period eligibility is 5 years (which you have) for Partial claim. (3 years, if you are purchasing the house through a Society).
Looks like this is due to a technical glitch.
Suggest you to submit your grievance to the EFPO online via this link.
Kindly note that you may also submit offline request.
Do keep us updated..
Related article : New EPF Composite Claim Form | Single Page Form for different types of PF Withdrawals (Full / Partial)
Hi Sir,
I just want to know what is the liability of the borrower incase of home loan? Hope it is only limited to the property seizure and not to the individual other assets.
Dear Kothandaraman,
On loan default, the bank/lender will take over the property and try to recover the dues/outstanding amount.
If that is not sufficient then can go after your other assets under the SARFAESI act.
Thank you so much Sir.
I am unable to withdraw the amount in UAN.
While trying to apply part withdrawal its say MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXCEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE
Please suggest on this!
Dear Sumit,
May I know how many times have you made partial PF claims in this FY? And for what purpose?
Dear sir,
I have worked for three companies 1st company I have worked for three years, 2nd company I have worked for 4 months and currently working in a company. There are three PF account number of mine but only one UAN number and I haven’t transferred my pf balance when I am checking my passbook it’s showing three pf accounts. Am I able to claim for partial withdraw? Please help. I need money for my mother’s treatment
Dear Deep,
Suggest you to consolidate your EPF accounts and then can apply for partial withdrawal.
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Hi Sir, I applied PF advance for my Medical purpose on September 20th today date is 10/13/2018 above 25 days completed still the status was under process why it takes too long time to process? you have any idea to resolve this to get money in bank. Please advise
Hi Sir, I applied PF advance for my Medical purpose on September 20th today date is 10/13/2018 above 25 days completed still the status was under process why it takes too long time to process? you have any idea to resolve this to get money in bank.
hi sir
my service above 5years i want draw advance pf amount but my pan is not verified aadhar is verified kyc showing yes so can apply for pf advance
Yes you can….
Can I withdraw partial pf twice within 6 months? I had changed company, I submitted partial pf withdrawl request and they gave me little pf of few month’s from new company’s account. Dumb asses don’t even see the amount I had mentioned in the form.
Dear Anand,
The quantum of claim amount is dependent on the purpose of withdrawal as given in the above article.
You may get the funds transferred from your old EPF account to new EPF account.
Hi Sir,
i just want to know what is the liability of the borrower incase of home loan?
Hope it is limited to property on which it is availed..
Dear Kothandaraman,
It is limited to the loan amount that is availed.
If the loan applicant defaults, the lender sell the property and realize the loan amount.
So it is only limited to the property seizure and not to the individual income?
Hello Sreekanth, I need one help/information. I filed online application for partial withdrawal of PF money for construction of house. I filed this online application on 12th of September but as of today i.e. 27th of September, it is still showing under process. I cannot raise grievance as well. Please let me know what can i do from my side. Thanks, Achint
Dear Achint,
Dear Achint.. generally they take 10 to 15 business days to process online claim requests. You may wait for few more days. You may also submit your grievance online via http://epfigms.gov.in/
Hello Sir,
I am EPF widrawal 5% amount. I want widrawal total amount but i am claim EPF online widrwal get error “MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE”
Please suggest what should i do ,,
Dear Anil,
May I know the reason for partial withdrawal?
Did you claim in the recent past?
You may submit offline claim – read – New EPF Composite Claim Form | Single Page Form for different types of PF Withdrawals (Full / Partial)
hi Sreekanth,
I have worked in my previous company for 7 years and I linked that UAN number with my current company. though I have 2 different PF umbers I have only one UAN number. Now, recently (2 weeks) I did initiated an online PF transfer of my old PF account. Please advice when can I apply for advance claim? how much time this transfer will take.
Regards,
Gerald
Dear Gerald,
Transfer, can take around 15 days.
You may follow it up with your ‘selected’ employer to speed up the process..
Dear Sreekanth Reddy,
my 1st company (dec 2009 to feb 2018) 8 years
present company (feb 2018 to till)
i successfully transferred previous pf balance to percent pf account
Now as per my updated passbook
Total Employee share – Rs. 252723
Total Employer Share – Rs. 129490
Pension – (old office – 83504, Percent Office – 7263)
last month my mom passed away. For her i spend medical expanse more than 5 lakhs. So, i need to settle all amount right now. So i need money very emergency.
So, can i possible to get full amount in advance right now ?
or maximum how much i can able to get advance ?
witch mode of advance can i apply ?
Please suggest me…
Regards,
Jayakumar B
99400449**
Dear Jayakumar,
Sorry to hear about the loss of your mother!
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
thanks for your reply…
what is basic wages ?
what about employer share ?
I can’t able to take full amount >???
Dear Jayakumar,
Basic wages are your Basic Salary.
Employer share cant be withdrawn for medical treatment purposes.
Hi Sreekanth ,
I am EPF widrawal 5% amount. I want widrawal total amount but i am claim EPF online widrwal get error “MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE”
how much day reapply Claim.
Dear rohit,
Did you recently apply for Partial withdrawal and for what reason?
thanks for replay Sreekanth….yes i recently apply for Partial withdrawal for reason of illness.I have other two account epf amount transper in one account and it success fully transper. but i goes to claim request…fill up all detail and click on “I want to apply for ” drop down and select PF Advance (Form-31) display the following message
“MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE”
two account amount Collected at one account before i send claim request.success fully claim amount but after collect amount at one account try to withdrawal get error
When did you raised the first online claim? When the money was credited to your account?
2 month before, yes money was credited in my bank account
Hi sreekanth, I had withdrawn partial PF for illness before 6 months to help my extended family member who was terminally ill. got the amount. later there was a family dipute so we are not on good terms with them. now after 6 -7 months my employer is suddenly asking medical bills, I cannot get it from them due to family issues. Any idea if employer asking for it is valid?
Dear Sania,
There is no need to submit any bills to the Employer regarding your Partial PF claim(s).
Dear Sreekanth Ji,
I left my previous Job on 29.07.2017 (Joining Date 18.01.2017) and joined new job on 01.Apr.2018. My UAN is same now because I’ve used my previous UAN. During EPF passbook download there is showing 02 different passbook: “one pass book for previous employer and another for current employer” and I am unable to transfer my previous pf into current pf account. During transfer there is showing error:- “Details of previous account are different than present account. Hence claim request cannot be processed.” I already checked there is no difference in my name, adhar, dob, pan etc.
So, please tell me what should i do for transfer previous pf into current pf account, and if I am eligible for withdrawal previous PF account then please tell me the further process for the same
Thanks in advance…
Regards,
Alok
Dear Alok,
Kindly check if your previous employer has updated your Date of Joining and Date of Leaving details.
Check the name format in both EPF accounts.
You may also submit your grievance to the EPFO on this via this link..
Related articles :
* What happens to EPS on Transfer of EPF account (or) when you switch Jobs?
* Online EPF Transfer | How to transfer PF funds to another EPF account Online?
Thanks a lot Sir…
Hi Sreekanth,
As i want to withdraw PF amount for family medical expenses..,I have worked for 2Yrs and amount is around 50000 in PF account..,How much will i get if i withdrwal.
Dear Hemanth,
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Hi Sreekanth,
i have resigned from the company on 3rd September and my notice is till 12th October…i want to withdraw some advance can i do that and how?
Thanks,
Vipul
Dear VIPUL,
Immediately after Cessation of service :
EPF Subscribers who resign from their service can now withdraw 75% of their total Provident Fund (PF) kitty after one month from the date of cessation of service. This will be considered as a Partial PF withdrawal (Advance).
Members will continue to have the choice of withdrawing the entire / balance amount, if they want to close the account, after two months , provided the member is unemployed and/or do not make any fresh PF contributions.
Currently, the EPF Scheme allows Final withdrawal (full withdrawal) only after two months from the date of cessation of employment of the members.
Option 2 – As given in the above article ..
Hi Srikanth last year i withdraw 91000 from my pfacoount for construction purpose. Now again i am in a need of money for medical treatment. Pleass advise if i can againsubmit claim for partial withdrawal.
Dear Pratik.. Yes, you can..
Hi Sreekanth,
I have resign from a company 2017 and not in job for 6 months. Not yet withdraw any amont. will I get interest for my account in 2018 ?
Dear Ganesh,
Yes, you will receive the interest amount.
Kindly go through this article : EPF Interest Income & Withdrawals | Tax Implications | Is EPF Interest taxable?
Hey dear I wanted to know if I apply for purchase of house .Do they verify the purpose nowadays ?
Dear Nupur ..As of now, no verification is done from the EPFO side..
While i was trying to withdraw (fully) it said my service less than 5 years and my pan detail is not available, income tax at highest slab of 34.6% is liable to be deducted if the final settlement is above 50000.
My question here is. Instead of online services of EPF, if i go for EPF Composite Claim Form (Aadhar) will the income tax deduction be done based on the slab applicable to my PAN ?
Dear Aneesh,
Yes, even then TDS can be levied.
Also, note that EPF full withdrawals before 5 year service period is considered as taxable income, whether TDS gets deducted or not.
Related articles :
* EPF Interest Income & Withdrawals | Tax Implications | Is EPF Interest taxable?
* EPF Withdrawals : New Provisions & Rules related to TDS
Thanks a lot Sreekanth. the mentioned links were very helpful.
I have worked 3 plus year in private company, suddenly i got terminated. I didnot get releaving letter and employer also not mentioned my end date in EPF portal. Last three months i didnt get any wages from any employer. Is is possible to withdraw my PF and how much it will be? Please help.
Hi Sreekanth,
I have overall 7.5 years of service with EPFO under a single UAN number (4.5 years in 1st Company + 2.5 years in 2nd Company + 7 Months in present Organization) with three different EPFO offices.
I have also transferred all my PF accumulations to my current EPFO account.
But when I raised PF withdrawal claim for house construction, it was rejected by EPFO saying the below reason.
LESSTHEN 5 YEARS SERVICE NOT ELIGIBLE FOR WITHDRAL/LESSTHEN 5 YEARS SERVICE
Please let me know if I have to update certain details under my UAN and how am I supposed to raise this claim.
Dear Ganesh,
This is strange!
Were any of your previous EPF accounts maintained by a Pvt trust(s) of your ex-employer(s)??
Hi Sreekanth,
Thanks for your reply.
Yes, you are right. My first employer where I served for 4.5 years maintained my PF account in a Trust.
And when I checked with my current employer’s EPFO regarding cancellation of my claim, they said in Annexure K they received from my previous employer EPFO had my actual EPFO start date (DOJ) mentioned based on my second employer (where I served only for 2.5 years). Hence they have rejected my claim.
In other words the Annexure K presented by my previous employer EPFO just included my Member ID of my first employer in the Service History but didn’t include the DOJ & DOE of EPF&EPS.
Hence according to Annexure K I just have a overall Service History of 3years in EPF. As my initial 4.5years of service with my first employer is not recorded.
Could you please let me know if there is a way to have the correct details updated in my EPFO documents.
Dear Ganesh,
You may kindly contact your ex-employer (Trust) on how to go about this..(or) kindly submit your grievance to the EPFO online..click here..
In case, you get valid information and a resolution to this issue, kindly share it here, can be useful to all of us!
Hi Sree
I applied PF withdrawal in EPFO for medical purpose(Illness) and having less than 5 years experience. My total PF amount including both employee and employer share is 52000. so i applied 35000. But it was rejected and the reason was shown as “SUBMIT GENUINESS CERTIFICATE OF ILLNESS”.
could you please explain and what is the maximum amount i can apply?
Thanks
Prakash
Dear Prakash,
As per the notification, no need to submit any documentary evidence for partial withdrawals, but for the last few weeks or so, EPFO has been requesting for some certificate for partial withdrawals for the purpose of medical treatment.
For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Also, suggest you to submit a grievance request to the EPFO online and inquire about ‘Genuineness certificate’. In case, you get the required details, request you to share it here, can be useful to all of us! Thanks you!
Hi Sreekanth Reddy,
Hope you are doing good.
I have completed 12 year in the same company. I am in an emergency.
I have done the KYC online. Would i be able to withdraw the employee and employer contribution… Please help on on this.
Regards,
Vijay
Dear Vijay,
I have listed the possible partial withdrawal purposes and eligibility conditions as above..
hi sreekanth,
after submitting online claim 3 times , 4th time I submitted online, got such message : MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE.
Is there a restriction to number of times submitted online?
Karthi
Dear Karthi,
I am not sure if there is any threshold limit…
May I the know the PURPOSE of your partial withdrawal claim??
You may kindly submit grievance to the EPFO and check if there is any threshold limit.. click here..
In case, you receive a valid reply from them, kindly share it here, can be useful to all of us!
Last year I have withdrawn partial PF, last week I tried again for the advance and got rejected. Are any restrictions to submit the withdrawal on multiple times?
Dear Jacob..It depends on the ‘purpose’ of partial withdrawal..
When will be the PF interest for 2017-18 will be credited.
Dear Murali ..EPFO has notified the interest rate for FY 2017-18 during the last week of May 2018, so you should be receiving the interest payment anytime now (June/July).
Thanks Sreekanth. I am working in a company for 14 years and I want to withdraw pf for construction of house. How much will be eligibility.
Dear Murali,
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they will refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Thank you very much Sreekanth. If I apply online today, pf interest for 2017-18 will be included for withdrawal and also do I need to submit any documents.
Dear Murali ..For partial withdrawal, I doubt if they include it until you actually receive it.
Thank you Sreekanth for valuable information.
Hello Sreekanth,
This just FYI.
I applied EPFO claim on 28th June and claim got settled on 10th July.
100% of my contribution including interest for 2017-18 and 86% of employer contribution.
Hope this is helpful for others.
Hi,
How many day in transfer amount in account ?
Hi Srikanth,
My current Org(a PF trust) is asking for below documents for PF part withdraw for purchase of flat/house. Are these valid?I’ve not done registration of my purchased flat yet. Pls tell me how I can part withdraw.
1.Copy of Agreement
2.Copy of Approved Plan /approval from the Municipal/appropriate authority (in case of Construction) / Copy of Receipt from the registrar for having registered the agreement (in case of Purchase)
3.An estimated cost of construction from Architect or Engineer (in case of Construction) / Copy of Certificate issued by Advocate that site is free from encumbrances (in case of Purchase)
4.Copy of Certificate issued by Sub-registrar/appropriate authority that site is free from encumbrances.
Hi Sreekanth
Waiting for your response. My current org. is maintained by there own Trust, hence I won’t be able to make any online claim, I’ve to go thru my employer only. But these guys are asking for above said docs which I don’t have. Pls guide how I can part withdraw.
Dear Mr Khan,
If PF is maintained by EPFO, no documents are required to be submitted.
In your case, you have may to submit documentary evidence for your partial withdrawal to your employer.
You can submit ‘Sale agreement’, EC etc of the property to your employer.
I was working for three years I have left the job it has been more than 2 months can I withdraw total epf and EPS amount
Dear KARUNA,
If you are not unemployed and currently not contributing to the EPF scheme then you can withdraw full EPF/EPS.
Kindly note that PF withdrawals before you complete 5 year service period is a taxable income.
Kindly read :
* Online EPF Claim submission : Process Flow & Eligibility Conditions
* EPF Interest Income & Withdrawals | Tax Implications | Is EPF Interest taxable?
* New EPF Composite Claim Form | Single Page Form for different types of PF Withdrawals (Full / Partial)
Dear Sreekanth
I have completely withdrawn my employee share as partial pf.
Now for Construction of house I want to withdraw amount. Will it be given from employer share? I am still in service.
I will submit an online claim, what docs should I provide?
Thanks and Regards
Karthi
Dear Karthi,
No documents are required to be submitted..
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they are referring to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Thanks Sreekanth,
Hi Sreekanth,
I want to take advance from EPF for purchase of flat. I have transferred my EPF fund from the previous company where i have served more than 5 years to New EPF where i have completed only 1 year. The money has been reflecting in the passbook of new account but i am not getting option of purpose for purchasing of flat. Is it related to year of services? But i have completed 5 years in Previous company. What is the alternative?
Dear Nirmal,
Has the transfer been done successfully?
Suggest you to check with your employer or submit your grievance to the EPFO..click here..
Thank for responding Sreekanth. Yes Transfer has been done successfully. Previous fund is reflecting in new EPF passbook. But while i am going online claim section it does not allow me to click on construction of house, saying total service is less than 60 months. However i have served in the previous compamny from 22 Dec 2011 to 25 Jan 2017 and 03 Feb 2017 to still working in the present company.
Hi Shrikanth,
I also am facing a similar issue. Did u get any resolution for this?
hi sreekanth,
i have completed 2.6 year current organization i applied pf advance online i updated adhaar also after completion of process for i clicked for adhaar OTP .its error showing (invalid key info digital signature the means that certification used for singing the authentication request is not valid .it is either expired or does not belong to the AUA or is not created by well-known certification authority)
Dear Somu,
This is a temporary tech issue at EPFO. You may have to wait till they resolve this issue.
You may submit your grievance to the EPFO online.. click here….
YES THANK YOU SREE..
NOW I COMPLETED PROCESS.
thank you so much payment done successfully
Hi,
I am working in a company from last 6 years. I want to withdraw partial amount of my PF for house construction and I need amount to my account. Is it possible or do I need to provide any house documents.
And If I withdraw partial amount remaining amount (Employer Share) will continue as usual?
Dear Ramana,
There is no need to provide any documents.
Yes, the remaining PF balance will be continued in the account..
Sreekanth
I had raised a partial PF claim online.
It was rejected and reason is ‘Please furnish present establishment date of joining in online claim.’
My DOJ is present in the Portal so I am not sure of this.
Can you please provide your thoughts?
Thanks
Sree Bindu
Dear bindu..You can request your employer to update the Date of Joining details..
Hai Sreekanth
I have left one organization after 3 and half years on 23-03-2018 and joined in another firm on 26-03-2018. I have not transferred the amount from previous employer to present employer. Now I want to claim the entire pf amount and pension amount.But in the online claim portal only Partial withdrawal option is there..I have pf amount around 50 k And along with pension it is around 80 k ..
Please hell me out.How much amount can i claim?
Dear Badri ..If you are currently employed and contributing to EPF scheme, you can not withdraw funds, you can transfer the funds from previous EPF a/c to current EPF a/c.
Hi,
I have below 5 years of experience, previously withdrawn 25000 for illness through PF Advance (form-31). Is it possible to partial withdrawal again 20000 for illness without tax? As per new rule, effective from 1st June, 2016 TDS free withdrawal increased from 30000 to 50000 (below 5 years), but in the epfindia website still they mentioned above 30000 is taxable amount for below 5 years of experience employee. Can you clarify me the tax free limit of PF Advance for below 5 years employee?
Dear vinothkumar,
I believe that partial withdrawals are not subject to TDS.
Rs 50k threshold limit is for full balance withdrawals.
Kindly read :
EPF withdrawals & new TDS rules
EPF Interest Income & Withdrawals | Tax Implications | Is EPF Interest taxable?
Hello Sir ,
I would like to with draw amount for alteration of house. Will I be asked for any document for proof while applying online. ?The house is not in my name. Reason Iam checking with you. in the online claim process it shows only “construction of house ” and no renovation, It wil cost around 1lk..though.
Dear Lakshmi,
No documents are required to be submitted.
However, the property should be in your name (or jointly with spouse name, if married).
Hi Srikanth,
Claim status are shown as settled through NEFT but still is not credited to my account, How long i need to wait?
Dear Sathish ..The claim amount generally gets credited within 5 business days from the claim settlement date.
Hi, I need to withdraw my without leaving my job. I have completed more than five years. However, I need to use PF money to take care of certain personal financial requirements which has come on an urgent basis. Please suggest how can I withdraw the amount.
Dear Komal ..Kindly go through the points given in the above article.
Hi Sir,
I want to do partial withdraw of PF for medical treatment . Earlier my Aadhar was not updated in UAN portal so I submitted composite claim form (non-aadhar) through my employer. It is been more than a week, no update from EPFO office so far , no sms on submission nothing so far. My employer has given me the acknowledgment though. Now my aadhar is updated , so can i apply online.
Dear Rajesh,
Did you track the claim status?
If it is under-process, you may kindly wait for few more days.
Hi Sreekanth,
I have withdrawn the complete amount in Employee Share in the past month as partial withdrawal, I am still in service.
I want to now withdraw for renovation purpose, as there is no amount in Employee Share, will it be given from Employer share?
Kindly let me know
Thanks
Karthik
Dear Karthik..No, it is not allowed!
Dear sir,
If I withdraw a partial amount for illness it is taxable or not
Dear Karthika ..Partial withdrawals are not taxable.
Thank you so much sir
Dear Srikanth sir…
in pf advance based on illness can I get both employee share and employer share ….or only employee share ??
Dear Kalyan,
“For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.”
Hi Sreekanth,
I have joined my first firm on 17/12/2012 and left on 30/11/2015.
Joined second firm on 04/01/2017 and still working. I have transferred first pf amount to current company.
I submitted form-31, for “construction of house” but it was rejected with reason “LESSTHAN 5 YRS SERVICE/OK”.
Is it because they have calculated break in between and total service is less than 5 years? In that case why I was able to submit the form successfully on the portal at first place?
Please help. Thanks in advance!
Dear Aakriti,
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they are referring to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
Can we withdraw twice from epf ???? Or any condition applied???
Dear Rajinder ..It depends on the purpose of withdrawal.
For ex : If the partial withdrawal is for ‘medical treatment’ then it can be claimed multiple times.
Dear Sreekanth,
I have applied for partial withdraw on 23rd April, 2018 via online. Do I have to submit any document?
How long it will take to credit in my account?
Please help on this.
Dear Amit,
No documents are required to be submitted..
Generally online claims are settled within 10 to 15 business days.
Hi, I have been working for past 5 years and hope i would be eligible for getting partial withdraw through online claim and i have done via EPFO member login but still now the status is under process may i know when i can get the amount into my account?
Second point – i have worked for 2 years in my previous concern and i have opted for PF transfer to my current company only Employee share and Employer share has been transferred to my current PF account
but Employer’s share on Pension – EPS amount of 13500 is not been transferred to my current PF account?
May i know why it is not been transferred or whether can i claim it through offline mode or whether it cannot be claimed and only on retirement it can be claimed.
please advise!!!
Dear Kothandaraman,
On successful EPF transfer, kindly note that EPS also gets transferred, but it wont get reflected in Passbook. However, the service period and EPS contributions do get carried forward.
EPS full balance can be withdrawn before the completion of 10 year service period.
Thanks for you valuable reply.
So i can get my full EPS amount which is been carry forward from previous company and also from my current company – only when i choose relieving my current company.
Am i right?
As per your comments EPS full balance can be withdrawn before the completion of 10 year service period – My total working experience is more than 5 years.
So i think i am eligible to withdraw this amount. Can you guide me how to withdraw this amount?
Also I have initiated partial withdraw of Rs.25000/- on 18-April-2018 through online claim form and it is under process
Can you guide me how long it will take to credit this amount into my account?
Dear Kothandaraman,
If you are unemployed for minimum 2 months then you can withdraw EPS balance by submitting form 10c (online/offline).
Online claims are generally settled and paid within 10 to 15 business days. But, looks like there has been lot of tech issues during the Apr month, that could be the reason for the delay.
Read : Online EPF Claim submission : Process Flow & Eligibility Conditions
Dear Kothandaraman,
Yes. EPF can be withdrawn before you complete 10 year service period.
Hi Mr Reddy,
Greetings!
I have completed 8.5 years of services and now applied for advance PF for buying a property.
Appreciate if you clarify.
1. I have applied for amount which is 90%.
2. I applied it online, advice if any other application and doc is required.
3. Would it be taxable.
Thanks a bunch is advance for your guidance
Regards,
Nishant
Dear Nishant,
1 – The terms & conditions are as below;
Purchase of House/Flat through a Society / Housing Agency : If withdrawal application is through a Society then minimum years is 3 years. ( through a registered society or houses/flats being constructed through forming a society.) – Section 68 BD. In this case, 90% of EPF balance is payable as an Advance.
Purchase of House/Flat directly from a Builder : In this case, the Membership service criteria to withdraw is still considered as 5 years only. – they refer to Section 68B.
For purchase of site directly from builder :
24 month’s basic wages and DA.
For purchase of house/flat/construction:
36 month’s basic wages and DA
OR
Total of employee and employer share with interest
OR
Total cost.
Whichever is least will be allowed as withdrawal.
2 – No documents need to be submitted.
3 – No.
Dear Srikanth sir, I applied for pf advance on 19-04-2018 and claim is settled on 2-05-18 .. but next day money not credited to my bank account…but in pf passbook money already debited…after claim settled it will credited to my bank account or not ?
Note : In my all records my name is “Mutyala Kalyan Kumar” but in bank account it is “Kalyan Kumar Mutyala”
Is it a problem ??…and iam using this bank account from joining onwards,and starting onwards my salary is also credited to this account…plzz tell me sir can I get my money or not
Dear Kalyan,
You may get the amount in few days..
I have already withdrawn partial pf & requested for withdrawn again through online.its been one month now the amount is still not in my bank.pls help.
Dear Jayashree .. You may submit your grievance to the epfo..click here..
Hi Shreekant,
Can i cancel EPF advanced claim which i have been applied on 11th Apr 2018 for Medical reason.
Please guide me.
Regards
Sagar Kosumbkar
Dear sagar ..I dont think there is any online provision to cancel/edit already submitted withdrawal claim requests.
You may submit your grievance to the EPFO..click here..
In case, you receive response from them, kindly update the information here, can be useful to all of us, thank you!
Dear Sir/Mam,
I have left the organisation in 2016 but still my employer has not updated my last working day or leaving date and reason for leaviong on online portal i need a funds for some medical reason so i have applied for the EPFO advance, but i need to settle my entire amount what should i do as my company is not supportive.
Please call me and help me out with this situation.
Dear Priyanka,
You may go for offline PF full withdrawal..kindly go through this article….
Hello
I applied for pf advance on 17th April In my pf passbook it is showing money as withdrawal but not credited to my account still in website it is showing current status as under process In umang app it is showing status Under process Please help me what to do already 10 days over Kindly help me
Dear Naveenkumar ,
You may kindly submit your grievance to the epfo..click here..
Hi sir , I applied for pf advance on 19th April .. In my pf passbook it is showing money as withdrawal but not credited to my account still…in website it is showing current status as under process… In umang app it is showing status no available…. Please help me what to do..already 10 days over…
Dear Kalyan ..You may submit your grievance to the epfo..click here..
If I submit how many days will take to solve my problem….what is the process….please explain s
Hello Mr Reddy, For Medical purpose I have partially withdrawn money 7 times via online portal. This time I tried to withdraw, I got this message in red “MAXIMUM NUMBER OF ONLINE CLAIM SUBMISSION HAVE BEEN EXEED, PLEASE SUBMIT CLAIM THROUGH PHYSICAL MODE” Please let me know if any now process has been emerged because as per what my understanding is , there is no limitation on medical claims.
Dear sourav,
As long as there is a withdrawable balance, one can withdraw partial PF for the purpose of medical treatment multiple times.
I am not sure if this is a new guideline..
You may kindly check with your employer as well.
Since last one week i am an getting an error stating that the online claim service is under maintenance. Is that true or am in the only one, who is getting this error.
Dear Raghu ..Kindly try using UMANG mobile app.
I have applied for the 90k however get only 25k can someone please suggest
Dear Indrajeet.. The quantum of claim amount is dependent on the reason/purpose of withdrawal. Kindly go through the eligibility conditions given in the above article.
Sir,
After received advance from EPF for house loan repayments, how many days for payment of loan amount? And need to produce any deposit documents for EPF office or not?
Dear Aslam ..There is no time-line and document submission is not required.
Sir,
I have been working in this organisation for 1.5 years can i withdraw money from my epf account. If i can withdraw then how much amount i will get.
Dear Amy,
As you are currently employed, you can only make partial withdrawals.
You may kindly go through the points given in the above article.
Sir,
Is there any online procedure or I have to apply through offline mode only.
Dear Amy,
Kindly go through this article for online Partial PF withdrawal..
Thank You Sir.
Dear sir
I applied for pf partial withdrawl through offline and when i check online through uan it shows no record found and when trying to claim online it shows father name not added and when iam trying to edit my details through online it says u cant edit since aadhar is linked tell me how to track or check offline about my pf application and how to add father name and claim online and track it
Dear Sandeep,
Father name correction request has to be done through offline mode only through your employer. Kindly contact them.
Read : How to track EPF claim status?
Hi Sreekanth,
I transferred my pf amount through on line from old account to new account.but when I checked it in passbook it shows 2 accounts.only pf amount is transferred to new account.ps amount still is in old account. Kindly guide me how to transfer it to new account.else any possibilities are there to withdraw that amount during working. If I take pf advance it includes both pf and PS contribution. Guide me on this.
Dear Sabapathi,
Kindly note that EPS amount on transfer of EPF will not get reflected in passbook. However, your service period and EPS contributions get carried forward. Should not be of an issue.
Hi ,
Is the partial withdraw applicable for commercial construction as well ? OR is it just for House Construction ?
Also, what type of document i would require to submit for the same ?
Thanks in Advance ,
Amarnath
Dear Amarnath,
I am not sure if partial PF withdrawal is allowed for commercial property construction.
Hi bro
Recently ihv withdran partial pf ammount , can i do full and final settlement of my pf account.
Dear Ajey ..If one is unemployed for min 60 days and not contributing to EPF scheme then he/she can make full EPF balance withdrawal.
Related Article : EPF online withdrawal – process..
Dear Sir,
i have to apply for advance claim through employer purpose house contraction . am applying on 31st March . now a days am not getting a single alert from EPFO . what i can do give the guidance to get the process quickly.
Dear Venkat,
There have been some tech issues during the first two weeks of April @ EPFO online claim processing facility.
Suggest you to submit your grievance to them online..click here..
i had once withdrawn PF amount in August 2017 for construction of house. I will be completing 7 years in the organisation . will i be able to withdraw PF amount again for the repayment for pending construction??
Regards
Monirul
Dear Monirul,
For the same purpose, you can not withdraw again.
Hi … I have submitted UAN form 31 for partial withdrawal in gurgaon on 18th May -2017 for purchasing flat at bangalore… and the Payment is directed to the builder (agency) … May i know when i can expect payment from EPFO
This is required very urgently is there any way to request EPFO to process it fast…. Please help and support
Dear vinay ..EPFO generally takes 10 to 30 days to process the claims.
Kindly read : How to track EPF claim status online?
Hello,
I have completed 6 years in my present employer. I need part PF withdrawal for House re construction which is in my dad’s name.
I have composite form duly signed by employer. Do I need anything else ?
Dear Sayan .. Kindly note that the property has to be in the name of EPF member / Spouse / co-owned by both only.
Hello Srikanth,
I have completed 7.2 years total service. Now i am planing to withdraw my EPF for buying flat. My previous organization EPF name is Bhanu Prakash T S and present organization EPF name is Bhanu T S, but same UAN number. Is it to change my present organization EPF name?. My EPF account in Tamil Nadu but working in bangalore, shall i submit CCF in bangalore?. Kindly suggest me.
Dear Bhanu,
Advisable to have same Name across all EPF accounts.
You may first try transferring the old EPF a/c monies to your new account and then can apply for Partial withdrawal.
You can submit CCF to TN EPF office.
Kindly read :
EPF Partial withdrawal options
How to make online EPF withdrawal?
Hello Sir,
I wanted to withdraw some amount from my EPF for house renovation. For online application I will need to link my Adhar no with my UAN account. However my challenge is that my UAN account is created on my maiden name, however my adhar card is on my married name. When I try to link my adhar card to UAN account, the authentication is failing due to name mismatch. Please advice how I can rectify this.
Thanks in advance
Dear Sonia ..You may have to submit ‘name correction’ request through your employer to EPFO. Kindly check with your employer on this.
Thank you !!
Hi Sir,
I have submitted my EPFO Partial Withdrawal application to my Employer about a week ago. They have also confirmed that my application has been submitted. However when i check my claim status in EPFO Portal it is still showing as “No Record available”. Please help me how long it will take to reflect in in the claim status?
Regards
Shan
Dear Shan ..To reflect ..I am not sure ..But once EPFO receive the application, they generally settle the claim within 20 to 30 days.
Hi Sreekanth,
Firstly, thank you for the very informative article on EPF. I had applied for partial withdrawal as I’m purchasing a house. I have 3.5 years of service as of May 2017. My application got rejected on the grounds of not having 5 years of service. I just got the rejection letter from them.
As per the information mentioned by you in this blog, the updated criteria with respect to Years of Service/Contribution is 3 years w.e.f April 2017. However, the EPFO has rejected stating it has to be 5 years.
Could you please help me with any reference from EPFO where this new amendment in the criteria is documented? That will help me submit Grievance with the department.
Thanks,
Chandan
Dear Chandan,
You can find information on this on EPFO official Facebook page.
Also, kindly read this article on ‘The Hindu’.
Dear Sreekanth,
Thank you for the information. I also found a circular dated April 21, 2017 calling out 3 years service as the requirement. I plan visit the office along with the copy of their own Circular/Notification and question them. Hopefully they will process it.
Regards,
Chandan
Dear Chandan ..They have to consider your withdrawal request. If possible, kindly share that circular url link plz…
Dear Sreekanth,
Here is the link for the circular, dated – 21 April 2017
Link : https://goo.gl/Z7kw18
Thank you dear Chandan.
Dear Sreekanth,
I went to EPFO Office today along with the above mentioned Notification/Circular. I was told that the above circular is referring to a new section 65 BD and is applicable for society and not for flat being bought through builders. There should be a registered society and they are ignoring the article published by HINDU on their EPFO official FB page. I showed them all those things. As per them, the number of service is revised to three years if you apply through a registered society, houses/flats being constructed through forming a society. The amount will be paid to the society/agency.
When they rejected my application (Form 31), they are referring to section 65B where the Membership service criteria to withdraw is still showing as 5 years.
So as per them, those who apply through Form 31, for partial withdrawal will be rejected if the applicant member service/contribution is falling short of 5 years.
Looking at the EPFO official FB page, Hindu article, and these blogs, people might apply but their applications might get rejected.
Dear Chandan,
Thank you very much for sharing this information.
I have shared this information on my Facebook page.
Dear Sreekanth,
I have applied for a home loan towards purchase of a flat under construction. All disbursements from the bank has been done. The construction is complete and I have received the possession letter. But I still have one last installment of 4Lakhs to be done from my hand. I am completing 5yrs of service in a month and my current PF balance is 3.5L. So my questions are:
1. Can I withdraw from PF account?
2. How much can I withdraw?
Thanks for your reply in advance.
Dear Ashok,
1 – I believe you can make partial withdrawal.
2 – Up to 90% of your EPF balance.
Kindly read : How to withdraw EPF online?
Hi,
I would like to withdraw some amount from my EPF for house renovation purpose. I am staying in Calcutta, but working with Mumbai based company and PF is in Thane area. Where I have to submit the Adhaar based form? Can I submit it online ?
Dear S B ..EPF withdrawal can be made online now..click here..
Hi Sreekanth,
My Father wants to withdraw some amount from his PF account. We had purchased a property two years back and now we have to do the payment for final installment plus registry amount.House loan is on my mother’s name.Will this criteria fulfill the needs for withdrawing the amount?? My fathers age is 55 years and he is working in same company from 26 years.
Hoping for earlier response.
Regards
Piyush Arora
Dear Piyush ..Yes, I believe that he can withdraw partial amount from EPF a/c.
Can you Please guide me about the procedure.
Dear Piyush ..Kindly read :
Online EPF withdrawal facility.
New Composite claim form.
I have applied for PF Partial withdrawal for House construction on 8th of May. However due to personal commitment I have to leave the company after serving two months of notice period. Will the EPFO will reject my application or is there any penalty?
Dear Horam ..They may accept your application based on your past contributions and your Date of exit may happen after they approve your request.
Thank you so much for your quick response!!!
Dear Sir,
I have completed 6 years of service in present organisation and still on. I need to withdraw partial EPF amount for repairing my house. Please guide me the correct route to approach the latest forms and procedures.
Regards,
Lichen Tamang
Dear LICHEN ..You may either submit new EPF withdrawal form (or) can submit online withdrawal form (no documents are required).
Sir,
Actually I have one problem, my correct name is LICHEN TAMANG but by mistake my name in EPFO account is LICHAN TAMANG, It is to be corrected as LICHEN TAMANG.
Sir, kindly advise for the how to correction my name in EPFO account. Sir is it possible.
Dear LICHEN ..It is possible. You need to submit name correction request to EPFO through your employer.
Dear Sir,
Yesterday (16.05.2017) I have visit regional EFP office Siliguri for the purpose EPF part withdraw but PRO denied for EPF part withdraw for 06 year JOB. As per PRO advise job should be 7 year complete. Sir I have complete only 06 years ( 72 month).
I am in confusion so kindly advise in this matter. .
Dear LICHEN ..As far as I know, one can withdraw partial amount after completing 5 years from the date of construction of house.
You may submit your grievance online..click here.. and check what they have to say about this..
Dear Mr. Sreekanth,
I’ve submitted Non Adhaar based composite claim form through my employer for part withdrawal of PF. It is for purchase of house. I’ve completed eight years. AS per new cicular, the PF office says I have to visit PF office for Aadhar authentication and now no claim is being processed. I’ve sent the manual form not online to the Mangalore office. What is the procedure now. I’m working in Delhi, will I’ve to visit Mangalore PF office ?
Dear Milan,
If have routed the application form through your employer, it will be processed soon.
You may track the withdrawal application status online..
Dear Mr. Sreekanth,
i had once withdrawn PF amount in August 2013 for purchasing a house. by that time i had completed 5 yrs in the organisation. i will be completing 10 years in the organisation next year. will i be able to withdraw PF amount again for the repayment of housing loan outstanding??
Regards
Hari
Yes, dear Hari..you can make partial withdrawal for the said purpose.
Dear Sreekanth,
Very helpful article. My EPF account is 4 years 6 months old . Am I eligible to withdraw money for buying home. I want to buy flat directly from builder NOT CO-OP Society. I have deduct VPF(voluntary PF) every month , Is there any way to withdraw VPF amount if whole amount is not acceptable.
Please help me if there have any possibility for me.
Dear Santu ..You can make partial withdrawal for the said purpose.
Dear Sreekanth,
I have completed 8.5 yrs of service. I want to withdraw PF for purchase of a flat which i will be using for downpayment.(rest will be loan). Am i eligible for the withdrawal. If so what the document i need to submit. (note:I will be purchasing from a builder)
Dear Satya ..Yes, you can withdraw up to 90% of your EPF balance. There is no need to attach any property related documents.
The claim amount will be paid to builder directly by the EPFO.
Thanks a ton Sreekanth.
I want to withdraw PF for home loan payment, I have completed 8.5 years in my current organization, and also worked for 2.5 years in my first company, my total service is 11 years, but I have not transferred my first company PF to my current account, my doubt is, how EPFO will calculate my 10 years of service.
Dear Suhel ..Did you withdraw first EPF a/c monies or is it still available in the account?>
I had left last company in March, 2008 and I put paper for PF transfer from that account to my current account, but I came to know that, from Feb 2008 to March 2008 contribution has been transferred in my current account, my last company had created trust, so they transferred money from trust and asked me to file separate application to PF commissioner for rest of the amount. I can see 1.5 months PF transfer in current statement.
Dear Suhel ..If you transfer old EPF ac monies to your new account then your total contribution years will be more than 10 years. You can make partial withdrawal for the said purpose.
Hi
As per the new rule, if I have to partially withdraw PF money for purchase of house, then that has to happen through a society/co-operative. But I’m planning to purchase a flat directly from the builder, so am I not eligible in this case to withdraw from my PF? Or is there any way out?
Dear Sree ..I believe you can apply individually also and mention ‘Seller’s’ details in Composite claim form..
Dear sir,
I have an UAN account with present and previous pF accounts total for 6 yrs. can i with draw both amounts excluding pension for purchase of site? in that case ,whose account number i should mention in the composite claim form
my account or seller account number ??
how repayment should be done
Dear sai ..Yes, you can withdraw, its Seller’s account number, either through Cheque or online transfer mode..
I have one question—
I have worked for one company since 1st April 2012 to 30th June 2016 —–4 Years 3 months.
Since 30th June 2016 till today that is 1st May 2017 I am unemployed for personal reason—10 Months unemployed.
I have done only 4 years 3 months job. But total duration of employment and unemployment is 5 years 1 months as on 1st May 2017. Currently I am unemployed.
I want to do full withdrawal of my EPF and EPS fund which is around 6,50,000 Rs. on 1st May 2017. Following are my questions regarding this.
1–Can I withdraw full EPF and EPS?
2–After application how many days are required for account credit?
3–All withdrawal amount will be taxable OR non taxable?
Dr. Pradeep Khedkar
9372403668/9595803668
Dear Pradeep,
1 – Yes.
2 – Generally within 30 days.
3 – Taxable. Kindly read : EPF withdrawals and TDS rules..
But I have completed total 5 years. 4 years 3 months of service and 10 months of working in my own clinic but no EPF contribution
Total period of 5 years completed for EPF fund.
Dear Pradeep ..Total number of contributions in your case would be less than 5 years..
Hi Sreekanth,
Appreciate your help in advance.
I have been working in organisation for more than 6yrs now, I want to withdraw my PF amount to renovate my house. This house is not on my name. Please suggest if I can still withdraw the PF amount stating reason as House Renovation.
I have updated all my details like Bank name, IFSC code, Aadhar number on UAN website under KYC info.
Please suggest how do I proceed.
Dear Rajeshwar ..The house has to be either in member’s name / spouse name / jointly held one..
Hi Sreekanth,
Thanks for the update.
Please suggest how can I withdraw partial amount(employee+employer) share in this case.
I need this money for house renovation. This house is on my fathers name.
Dear Rajeshwar ..Kindly read : 5 ways of transferring real estate property!
Hi,
Many thanks for the informative content.
My query is ” I have completed 7 years of service in present organisation and still on. I need to withdraw EPF amount for flat purchase. Please guide me the correct route to approach the latest forms and procedures.
Regards,
Mohan
Dear Mohan,
You can submit New Composite Claim form along with the application form (as provided in the above article).
Thanks for the reply….
one more thing to ask…to whom we should address the CCF(Aadhar)…?
Regards,
Mohan K
Dear Mohan ..To EPF commissioner…
Does we have to submit application form through our Employer?
Dear Santosh ..Kindly read : EPF New composite claim form..
Can PF been withdrawn to purchase re-sell property?
Thanks in advance.
Yes, dear Santosh ..
I want to Construction my house, how to take the PF loan currently i have completed 5 years in the organization.
Dear Sharath ..You can submit new Composite PF Claim form along with Application letter (provided in the above article).
Hi,
Recently I have been submitted a Form31 for PF advance fro site purchase.
And I have got the Money in the account recently.
But the Amount which is received from PF office is lesser than my and Employer contribution deducted.
My question is why i did not received full amount,
1. whether pension contribution is not paid?
2. or They may settle the amount with one more installment.
Please advice
Regards,
Mahi
Dear Mahi ..EPS amount is not included in these calculations..
Sir
how to Withdraw PF Advance
Gud evening Sir,
I B.Jaya krishna, Sir i want to withdraw partial amount about my health treatment, so how can do this. please tell me.
Dear Jaya Krishna ..You can submit New Composite claim form for your partial withdrawal.
PF rules clarifications are quite informative.But I have one question.I am a private firm’s employee and a PF member also. Can I get a repayable loan from my contribution to the PF account? For such loan what is the format?
Reply
Dear RAJIB ..There is no need to repay the EPF advance..
I have applied PF loan for the house purchase. The application submitted to PF office on 14-Mar-2017. But I can’t able to find the status of my claim… Kindly advice how to check the same and how many days will it take to process my loan application.
Dear Sriram ..They generally settle claims within 20 to 30 days.
Read: How to check EPF claim status online?
Did you get your money?
Hi Sir,
can i get a loan for constructing a house on the site which is on my father name?
No, dear samba .. The property has to be in the name of EPF member/spouse/jointly-held.
Hi,
I have worked in a company for 8 years and 11 months. I left the company year back. But haven’t my PF account to the new organization. I want to repay my loan, can I withdraw the earlier companies PF? And will I get the complete amount accumulated in my PF account?
Thanks & Regards,
Prasad
Dear Prasad..If you are contributing to PF currently, suggest you to transfer old EPF ac monies to new EPF account and you may then make a partial withdrawal (minimum contribution years is 10).
I worked for around 8 years in different companies & keep transferring my PF in the last company i worked. Last company i worked for 2 years 10 months.
I moved U.S. two years back & as per EPFO rules no interest in case account inactive for more than 2 or 3 years.
So i would like to withdraw my PF.
As per the articles i gone through my understanding if we are withdrawing tax after 5 years of continuous service no tax liability. Still would like to confirm
Am i liable for paying tax on the amount?
Dear Pradeep..Yes, PF balance if withdrawn after minimum 5 years of contribution, is tax-exempt.
I am planning to buy a flat. I am working in an organization for 12 years. Could you please let me know if I do withdrawal for purchasing a Flat will the tax be deducted?
Dear Kuppan..No, it is not a taxable amount.
Thank you Sreekanth. Am I eligible to withdraw only Employee share (or) both employee & employer share?
Dear Kuppan ..Abt amount eligibility, kindly refer to Table No.1 ..
Dear Sir,
I have completed 6.9 years of service at my present company. i would like to take advance from my p.f. balance for my sisters marriage. how much amount can i get? please advice.
With Regards
Tanzeem Hussain
Dear Tanzeem,
Minimum years of contribution is 7 years and you can withdraw up to 50% of your share (with interest).
sir i have completed 7.2 years of service at my present company. i would like to take advance from my p.f. balance for my sisters marriage. how much amount can i get? please advice.
Dear tanmoy,
You can get up to 50% of your Share (employee’s contribution) + interest .
Read : Components of EPF.
Hi Sir,
I applied for pf advance loan for my marriage.
I receive only one sms from your team as “CLAIM FORM 31 FOR PF ADVANCE FOR MEMBER ACCOUNT NO BGBNG************1703 HAS BEEN RECEIVED ON 21.02.2017 IS UNDER PROCESS.” but still it is in under process, when I applied they informed me that within 21 days amount will be credited to my account but now already 45 days completed, still I didn’t receive amount & any update also.
Please look into this and do the needful ASAP.
How long did it take to get a SMS from pf office, I have submitted my form couple of days back and still didnt receive any msg
Dear Vinod..You may track your claim status online..click here.
thanks for your fast reply
in claim status its showing as “CLAIM FORM 31 FOR PF ADVANCE FOR MEMBER ACCOUNT NO BGBNG00254580000001703 HAS BEEN RECEIVED ON 21.02.2017 IS UNDER PROCESS.” already 45 days is over your team said within 21 days still is under process.
please look into this and advice
Thanks
Vinod.V
Dear Vinod..Kindly note that we are not associated with EPFO 🙂
You have to contact them directly.
Thanks a lot Sreekanth!
Hi Sri,
I have completed service ,presently in 3rd company.
1 st company 2 yrs
2 nd company 4 yrs of service
3rd company 3 years of service and still working in 3rd company
I have total of 6 laks in my pF account have nt done any withdrawal till today and have tranfered the previous comapny pf amount to present account.Planing for house buying hw much i can withdraa
Dear ravi,
Kindly refer to the table 1.
You can withdraw to the extent of least of i) 36 Months of Basic + DA, ii) Total Employee share + Employer share + interest (or) iii) total purchase cost.
hi ,
I have applied for PF withdrawal under house construction , Will there be any verification done to check if i have invested in house or not ?
How will PF office know that i have utilized the amount for the reason specified ?
Dear Irfan..No verification is done! The claim amount is payable based on your self-declaration.
hi
I have worked in an organization for 6.9 years and left it . But i haven’t worked for 2 months and post that i started working in small organization where they don’t contribute any amount for PF .
Now i have applied for PF withdrawal thru my previous organization and its has been submitted to PF office last week
So will i get the complete amount and if so how many will it take to credit to my account
Could you please respond me back for the above query
Dear koushik ..You will get full PF balance, EPFO generally settles the claims within 30 days.
Dear Team,
I want epf loan 60000 (sixty thousand only) due to urgent work. my epf balance is 100000. is it possible to loan withdraw. my service is 04.4 years.
Dear dilip..you may not be eligible to make partial withdrawal.
Hi,
My service is 4 years 7 months in current organization and a total of 7 years of service with 3 different organization including this current one.
I want to withdraw full amount from my PF account, so my question is?
1. Will I be able to withdraw the full amount?
2. Will there be any tax deduction keep in mind my 4.7 years in current org. and 7 years of total service with 3 org.
3. What’s the complete procedure to do it from scratch?
You reply is much appreciated.
Thanks,
Syed.
Dear Syed,
If you are employed and currently contributing to EPF scheme, you can not make full balance withdrawal.
Did you transfer old EPF accounts’ monies? Or did you withdraw EPF anytime previously?
Thanks Sreekanth for the reply!
Let me start to answer your questions:
I didn’t transfer PF from my previous PF account of previous employers. I withdrew it when I left it.
I heard that one can withdraw 24*basic salary and in that case say if my basic is 5K and a total of 100000 I have in my PF, Am I still not eligible to withdraw this 100000 as it’s less than 24*5K.
Also what about the TDS 10% deduction keeping in mind my 4.7 years in current org. and 7 years of total service with 3 different org. including this one.
Thanks,
Syed.
Dear Syed,
If you have withdrawn EPF balance(s) earlier, your number of contribution years are not carried forwarded.
So, your current 4.7 years is what is counted if your withdrawal.
Yes, TDS will be applicable.
Kindly read:
EPF withdrawals & new TDS rules.
New EPF composite withdrawal form.
Sir i put an application for my brother’s marriage, can you sanction it as early as possible
Dear Jyoti ..Kindly contact EPFO..
Dear Sir,
13 feb i have put up personal loan for home construction but loan is rejected and reason is Reason of rejection: MEMBERs DECLARATION IN FORMAT NOT ENCLOSED (FOR 68 B ADVANCE) what i do for this reason and currently i have not received my rejection letter and without rejection letter PF office will not submitted new form please assist
Dear ROHAN,
I am unable to understand your query. Personal Loan against EPF advance?
I applied for PF loan for purchase of Flat 20 days back. When i checked the status of my claim its saying your claim form 31 received on February 21, 2017 and is under process. Usually how much time it will take to credit in my account?
Dear VIJAY ..They generally pay the claims within 30 days.
But its almost more than 25 days and still the status is showing under process. Is there any technical problem and weather there might be a chances that i will be delayed and will take more than 30 days?
I have completed 4years 9months in my first company, 1year 9months in my second, 2years 8months in my third and in my current company, I have completed 1year 6months. I have transferred my PF in all these companies to the current one and there are no breaks
I want an advance for the purchase of a flat. Will I be eligibile considering the period of service? I understand five years of continous service is needed and I have more than ten year but with different companies.
Dear Anshuman,
As you have not withdrawn your EPF balance(s), I believe that you can apply for EPF partial withdrawal for the said purpose.
Read: EPF New Common claim form for all types of Withdrawals.
Thank you Srikanth.
In that case,in the new composite non-Aadhaar form, is it enough that I mention only the date of joining my current company or do I need to mention the DOJ of all previous companies?
I also do not have an Aadhaar card, can I leave the Aadhaar number (for seeding) field blank in the non-Aadhaar form?
Dear Anshuman,
Yes, you are correct and may do so. Kindly just mention the current company DoJ. Do check with your employer (HR staff) before submitting the form.
Thanks. What about my Aadhaar number question?
Can I leave the field blank because I do not have an Aadhaar card?
Dear Anshuman ..Yes, can submit Non-Aadhar form.
Sir,
I am working for more than 10 years and have UAN account. I am planning to buy a resale property and looking for withdrawing the PF amount for the own contribution. How much should i be able to withdraw. After the own contribution only, the banker will dispose the remaining payment to the seller. What proof the PF authority will ask for whether the registered agreement? or they can dispose it before that.
Dear Thiruneel,
There is no need to submit any documentary proofs for the said purpose. You have to submit new EPF composite Claim form.
You can withdraw to the extent of least of i) 36 Months of Basic + DA, ii) Total Employee share + Employer share + interest (or) iii) total purchase cost.
Hi,
I want to withdraw/loan against my PF to purchase a land from promoters. My total IT experience is 7.1 Years. How much amount i can withdraw.In the UAN Service portal, there is no option to upload the documents. Please let me know, where we need to submit the documents.
Dear Rajesh,
You can submit Composite PF withdrawal form to the EPFO directly, provided your Aadhar and kyc details have been verified by your employer.
Hi, I am a working professional currently being associated with a company from past 4 years, I want to look up for my PF Account for certain financial crisis/loan I have taken. can you please guide me the procedure further to get me PF amount. Also I need to specify that I want to continue working without any breaks as I have recently come back to work from my maternity leaves.
Thanks,Geetha , geetha.d**@gmail.com
Dear Geetha,
Kindly note that one can make Partial withdrawals for the above mentioned purposes only.
Hi, For my sister marriage i want to withdraw PF amount partially but i have only 5.5 years of experience with my organisation. Can you please advise me on this.
Thanks
Kumar
Dear Kumar ..Minimum contribution period is 7 years..
Respected Sir, How to withdrawal partial amount from pf amount.
Dear Jayakrishna,
For the options & guidelines, kindly go through above article.
Also, read: New EPF composite Claim form for all types of Withdrawals.
Hello
I have applied for PF Withdrawal through my Employer almost 3 months back
I didnt get any response from PF and My Company is saying still it is in Process
would it be possible to know where it got stuck ?
thank you
Dear santosh ..Most of the EPFO portals are down for last few weeks..some major systems upgradation happening it seems.
However, you may kindly check your claim status here…
Hi Sreekanth,
Thank you for your reply,
i have looked into the claim status and found that there are “NO RECORDS update”
does it mean, my claim is still under process?
Dear santosh,
Probably, your claim form has not yet reached them or they have not started processing your form.
You may submit your grievance at EPFO portal..
Dear sir
How many times we withdraw my PF
actually I am working in a MNC from last 15 years and I withdrawal 2 times in last five years . may I again withdrawal
Dear ruchit ..There is no limit on number of withdrawals as such. If one remains unemployed for minimum 60 days, can withdraw full EPF balance.
Hi,
I am having a house in my name constructed before 3-4 years.
My wife is also working and her PF account is active from past 6.9 years. Right now my wife is in maternity leave.
We need to utilize the amount form her PF account for our house renovation work, any interest/penalty we need to pay for the advance taken from our own EPF account ? (do I have to share any documents for renovation work ?)
Or
There are chances of her leaving her job in another 6 months, is t advisable/possible to withdraw the complete PF amount after she quits her job.
Dear Sharath,
No interest payment is required on PF advance.
You just need to submit partial withdrawal application form and Self declaration form (as provided in the above article).
I am working more than 5 year service, please guide for Construction of House.
Land/place is my father’s name not my name , i want to PF advance from PF office
am i eligible for PF advance
Dear Simanchal ..The plot should be in your name or your spouse’s name (if married) or jointly held by you/spouse. So, you may not be eligible to make partial withdrawal.
Hi, 3 months before I booked a flat and took some money from my friends and personal loan to pay my contribution to builder . Recently I got the possession of flat . Please let me know if I can withdraw some money to replay the money to my friends and personal loan . PF contribution is more than 7 years
Dear Kumar,
It is applicable to only repayment of home loan. Also, the minimum years of PF contribution for the said purpose is 10 years.
Hi,
I am planning to buy a house which is owned by someone now. I would like to go for partial withdraw for house purchase. To apply for it what is the process?
1.Can i apply before registration on my name? if not registered what document should be submitted as proof.?
2.I recently shifted to a MNC in Dec 2016 and i have completed 5.5 years of service. But my current company has not generated a PF account number but i have UAN number. with UAN can i apply?
3. My accumulated amount is nearly 1lakh but my basic is now 21000, will i get 36 months* basic salary amount in partial withdraw?
4. before registration if i can apply, can i give my bank details to credit the money.
please reply ASAP.
Dear Prasad,
1 – Yes. No document is required, but need to submit the declaration, as provided in the above article. UAN based form No. 31 can be submitted.
2 – Yes.
3 – Kindly refer Table no.1
4 – Yes.
Hi Srikanth,
Thanks for your reply. can you please tell me where do i need to submit these filled documents?
Online is possible or physically i need to go to EPFO office.?
my old mnc was in banglore and now shifted to MNC in hyderabad. So can i submit those documents in HYD office?
how many days it will take to process? and how to repay the money?
Thanks
Prasad
Hi Srikanth,
I am confused about the declaration form. can you mention here the form name or if possible attach.
Thanks
Hi Srikanth,
can you reply for my post…
can you please tell me where do i need to submit these filled documents?
Online is possible or physically i need to go to EPFO office.?
my old mnc was in banglore and now shifted to MNC in hyderabad. So can i submit those documents in HYD office?
how many days it will take to process? and how to repay the money?
also am confused about the declaration form. can you mention here the form name or if possible attach.
Thanks
Prasad
Dear Prasad,
Online facility is not yet enabled.
You can post/mail the new UAN based partial withdrawal form directly to EPFO regional office where your a/c is being maintained.
Generally, they take 30 days to process the application.
Download Declaration form.
I joined my new firm on July 1, 2016. However I have 6 years of continuous service. I already have the PF from my old account transferred to my new account. I have purchased a flat & have the builder receipt, allotment letter issued by the builder, but the agreement would happen on a later date.
1. Can the amount be withdrawn without making any agreement / registration.
2. Also Please assist to understand how much time does it usually take for withdrawal / transfer in my account.
3. KYC is not yet completed as the bank account changed lately & the EPFO website is not yet working. However I have submitted both the old Form 31 & new UAN based Form 31 to my organisation along with the cancelled cheque copy. will that be fine. How long does it take the Employer to complete my KYC.
4. Do I need to go & personally submit the documents in the PF office? I am at Mumbai & PF account is from Bangalore
Dear Vijay,
1 – Can be withdrawn (you may submit allotment letter copy).
2 – Generally within 30 days.
3 – Kindly check with your employer.
4 – Not required. You can route the forms through your employer also.
Hi,
I am planning to withdraw my PF for the purpose of house alteration. I am staying in an apartment in Bangalore. We dont have A-Katha, we have B-Katha only. Is KATHA-A is mandatory to apply for withdrawal?.
PAN, BANK Account and DL are verified as KYC. Shall I submit UAN based new Advance withdrawal form to EPFO directly?
— Srikanth
Dear Srikanth ..I believe that A or B Khata property does not matter here..
You may submit new UAN based form if your Aadhar number has also been verified by your employer.
can i withdraw epf amount for constructing house whether the land is in the name of my mother
No, dear Kishore..the property has to be in the name of either EPF member or spouse or jointly owned by both.
Respected , Sir
I am currently working since 2feb 2015 in Pvt Ltd compny, my ctc-13000/-
sir as per the new rules plz guide me
sir, i want to make home so i want to withdraw epf for construction material.
My question is is it possible? and what is the procedure because its urgent for me to withdraw i have no any other saving ..so plz sir what should I do…I am in trouble plz
Dear KISHORPATEL,
Kindly note that the minimum num of contribution years is 5 years, to make partial withdrawal for purchase/construction of house.
Hi,
I am applying for partial withdrawal, and my query is about form 31 declaration form point no. 3.
1. Survey no. / Plot no. / Khatta no. / Registration no. and year of title deed.———is it of builder area where flats are constructed or of the flat i am buying
2. Boundary (East/West/North/South).———–is it of builder area where flats are constructed or of the flat i am buying
3. Area of a site and/house————is it of builder area where flats are constructed or of the flat i am buying
Regards
Vishal
hello i want to pf withdraw in advance for purchase flat. i am working in same company from last 7 years and my current basic salary is 16194 rupees.please tell me how much( maximum) amount i will receive.
Dear anoop..Kindly refer to Table no.1.
what is the table no.1
Dear anoop ..I mean Table number 1 in the above article.
H Sreekanth, I am working with my company for 11 years and EPFO account for same duration. Also my father has given gift deed of a two floored building to my mother, my sisters and myself, and i want construct the second floor, for which i would like to avail EPFO partial withdrawal. Please could you suggest if i a eligible to apply for EPFO partial withdrawal.
Dear Rathna ..I believe that you can make partial withdrawal.
Hi Sreekanth, thank you so much for the instant reply, its indeed very helpful.
I ve applied for Partial withdrawal? How may days will it take to credit to my account?
Dear Hari..Generally its paid within 30 days.
Hi,
Thanks a lot for such detailed article. I have completed 5 years of service with my company. I have just booked an apartment and possession will be in Dec2018. We can only do registration in Nov 2018 . Can I withdraw the PF for paying down payment? and can I get the amount in my account or will it go directly to builder’s account?
Dear Vinita ,
Yes, you can apply for partial withdrawal.
Generally EPFO prefers to pay directly to your builder account.
Hello, I have worked with 3 different companies.
1. I’ve worked for 6 years with one company and already withdrawn EPF.
2. In the 2nd company I’ve worked for 3 years (June 2012-June 2015) and joined a new firm. Transfered my EPF money to new firm’s EPF account in June 2015.
Am I eligible to withdraw my EPF money to book a flat? If yes, how much? If no, when I will be eligible for the same.
Kind regards, Amit Upadhyay
Dear Amit,
As you have withdrawn PF balance from the first EPF a/c, it is not counted while calculating total contribution period.
If your contribution to EPF scheme in 2nd & current company is > 5 years then you can apply for partial withdrawal to buy a Flat.
Hi. Hello. I want to withdraw my pf for purchase of land. I have lands agreement photo copy and the agreement between me and the existing owner. Is this enough to withdraw? Which form i have to submit? To whom i should address it?
Dear Harishh,
You can submit ‘Declaration form’ (provided in the above article) to EPFO directly, in case you are submitting <a UAN based Partial Withdrawal form 31.
Hi SR,
I want to construct the house,as the property(land) is in my spouse name and completed 5.5 years in a company, can i withdraw the PF amount.
Yes dear Nithin , you can apply for partial withdrawal for the said purpose.
thanks
Hi Srikant
Iam applying for PF advance for Alteration of my house, however in the declaration form point 4 which is ” authority which approved site plan with reference no and date ‘, I dont have this since my property is only a Khatta land and not an approved site, my question is will i get my advance in such case.
Thanks in advance
Dear Ganesh,
Based on my interactions with other blog readers who had similar issue, you should get the advance amount.
Thanks u
Dear SR,
I am working in a private company and completed 3.2 years of service. Now please advice me if i can withdraw my PF advance in case of medical treatment?
I am eligible of loan or Not?
If yes than what is the procedure for withdrawal?
Thanks & Regards,
Vishal Bhardwaj
Dear Vishal,
Yes, you can make partial withdrawal for the said purpose.
A doctor [ or registered medical practitioner] of the hospital should certify that a surgical operation (or) hospitalization for 1 month or more is/was necessary.
You have to submit proof of hospitalization, leave certificate along with Form 31, in case the funds are for your own treatment.
Hello Sir,
I want to apply EPF partial withdrawal for new house purchase. but i have completed my 4 year of service. should i able to apply for withdrawal or not please suggest.
Dear Vaibhav..minimum 5 years is the criteria..
sir i want to apply for pf advance under medical reason heart ailment.i wanted to know that do i need to attached the certificate of hospitalization as i didnt go for hospitalization but treatment from specialist docter.and do i need to attach the certificate of leave and will i have to attach a separete medical certificate or medical certificate in annexure C i sufficient.
Dear RS Jha,
A doctor [ or registered medical practitioner] of the hospital should certify that a surgical operation (or) hospitalization for 1 month or more is/was necessary.
You have to submit proof of hospitalization, leave certificate along with Form 31, in case the funds are for your own treatment.
Hello Shreekanth – I had applied for PF withdrawal around 15 days back following the new UAN process. Form 10C got approved and i received the money in my account on the 11th working day, however for Form 19 got rejected since i did not fill the form 15G applicable. Details mentioned below,
STATUS for Member ID: APHYD00732310000005075
Claim ID : APHYD161100019185
Status : Claim Form 19 for PF Settlement AGAINST Member Account No (APHYD00732310000005075) has been rejected. Rejection letter is under dispatch/ dispatched to address in your claim form.
Reason of rejection: FORM 15 G / 15H
Remarks by DA/AO:SUBMIT F-15G AND COPY OF PAN CARD SINCE AMOUNT IS MORE THAN 50000/- AND LESS THAN 5YRS OF SERVICE/OK
Claim ID : APHYD161100019187
Status : Claim Form 10C for Withdrawal Benefit AGAINST Member Account No (APHYD00732310000005075) has been approved. Payment is under process.
Question:
1. Should i apply again with both the forms or just Form 19 which got rejected.
2. I have already applied again with both the forms and the requisite documents but i fail to see the update on the PF claim status as it still show me the last update mentioned above. Kindly Guide.
Regards
Rohit
Dear Rohit,
1 – Only Form 19, with Form 15G, cancelled cheque leaf & copy of pan card.
2 – Kindly wait for few more days and check the status..
Dear Sir,
I have completed 3year and 5 month EPFO account can I withdraw full amount for repayment of my Mortgauge loan account repayment. Bank is taking 11.7% interest on that loan. previously they are taking 12.25% . just now rates are down.
Can withdraw full amount?
Thanks & Regards,
Jayprakash
Dear Jayprakash ..minimum 10 years contribution period is required to make a partial withdrawal for the said purpose.
I completed 2.5yrs with a company and resigned in 2012 for personal reasons. Then i withdrew my complete PF amount after 2 months. Then after a break i rejoined the same company in 2014 and i completed 2.5yrs now. So for 5yrs service can the employment with same company earlier for 2.5yrs can be considered? If so what is the process for withdrawal and how much amount i can withdraw for a house purchase
Dear Girish,
No, reason being you have withdrawn the monies from your old EPF a/c.
Hi Sreekanth,
I have a query about PF withdrawal for repayment of housing loan.
I have completed 12 years of service as of now. Around 4.5 years back, I had withdrawn some amount from my PF Account for “Purchase of flat”. My query is – Can I withdraw for repayment of housing loan for the same flat ?
Regards,
Raghu
Dear Raghu,
I believe you can..
Hi Sreekanth
Please guide me how can I pratial withdraw my EPF. I have completed 6 1/2 yrs with my current oraganisation
Dear Pooja,
May I know the purpose?
Hello sir,
I have taken EPF loan. It will repay during 36 months period as per loan account statement. But I wish to complete one third of loan amt. earlier during 15 months. So that I can get my salary little high. Is it possible.
Dear Senthilkumar ,
I am unable to understand your query..kindly rephrase it!
Hi
I have completed 5 years of service with my current employer. Now i am planning to switch my job. Can i withdraw my pf?
Which form shud i fill when i resign? Also how long ll it take to get the funds?
Dear Pawan,
If you remain unemployed for minimum 60 days then you can else Transfer to new EPF ac.
Read:
How to transfer PF balance to new epf ac online?
New EPF Withdrawal forms.
Hello Sir,
I have 7(Seven) years continues service in PF and want to apply for PF Advance but my property documents in my self and mother name.
My query is I am eligible to take PF Advance, documents in my self and mother name.
Please reply.
Regards,
Yogish
Dear Yogish,
If the property is co-owned by you & parent, you can apply for partial withdrawal.
Sir ,I have invested some amount in share market and incurred huge losses.Can I take loan from my EPF account to repay my losses?m working in pvt company and completed 10 yrs of services.
Dear Shweta ..No such provision is available.
Kindly read :
Turn Short Term Capital Losses on Stocks into Tax Gains
10 Reasons to avoid Short Term Trading in Stock Markets
I really appreciate that you are actively answering to the queries. You are doing a Great Job Sir.
I have completed 5 years and I need funds to renovate my house. You have mentioned that there is no need of any documents along with Self declaration form but my employer is asking for documents along with Self declaration form.
Dear PawanKumar ..May I know what documents are they referring to?
They want corporation tax reciept, corporation permission, and estimation
Dear Pawan ..I am not sure about this. If your employer has certain internal policies then you may have to abide to them.
Hello,
I had applied for PF advance for construction of house.However the land is owned by me and my dad.hence the application got rejected.is there any way I can apply for pf advance?I need money urgently?
Dear Priya..I am afraid there is no other available option.
Your Dad may have to give up his share in the property to you through a Gift deed, so that you will become a single owner of the property (but kindly do not do this if it is just to get PF loan).
Hi Sreekanth,
I need to confirm something related to advance withdrawn from EPF account. I need to know withdrawn Amount against advance is Taxable ?
Dear Akash ..No, it is not taxable.
Hi Sreekanth,
Recently one of my friend applied for full withdrawal of her epf account for medical expenditure. Today she received partial amount(about one-third of the total). Also in her uanmember login it shows full amount withdrawn. What should we do?
Dear Kapil,
Kindly first inform the employer and submit the grievance to EPFO directly, click here..
Do I need to go to the EPFO office to confirm the reasons.
Dear Kapil..I have provided the link in my previous comment.
I applied for PF withdrawal for possession payment of flat. Claim got cancelled, they gave reason, that you need to provide the Builder’s cancelled cheque and account details and fund will be transferred to builder’s account and not mine.
Requesting to guide on below queries,
A) Wont PF money get transferred directly in my bank account?If yes, What is the option?
B) I have completed 7 years in company and working till date. Does withdrawing PF money will be taxable?
Thanks
Deepak
Dear Deepak,
A – One can receive to personal account.
B – No.
Hi Sreekanth,
I have 10 years of service as an IT employee and more than 7 years of PF contribution together in 2 companies.
My PF from previous company is transferred to current one and UAN is generated in current company.
I am planning for an loan advance for buying a flat .My question is
1. how will the deductions happen once i got a loan i mean montly repayment amount
2. If i am resigning from my current company and joining a new one what will happen to the loan that i ahve taken and the deductions .
Dear kamala,
1 – There is no need to repay the PF loan/advance.
2 – No impact.
Dear Srikanth,
I worked in company based out at chennai from 2012 – 2014 and post 2014 I moved to pune and here i have new PF account create and UAN number. My existing chennai PF with UAN i received recently I would like to with drwa the money its possible to do online? or I should visit chennai office ? Also what are the documents i need to submit to withdraw , I checked the UAN portal my ex-employer registered the Date or joining and relieving.
Hi Sreekanth,
I have submitted my PF claim form 10C and 19 & 15 in a old format. Is that forms are acceptable?. Date of submission to EPFO 26-8-2016
Dear Uthayavel ..If you have submitted them directly to EPFO then they may reject them.
If its through your ex-employer, they will process the withdrawal application.
Hi Sreekanth,
I have been having a PF account for 6 years, want to withdraw my PF for purchasing a land. Could you please let me know the required documents to be submitted with claim form?
Regards,
Naveen
Dear Naveen,
You are eligible to make partial PF withdrawal for the said purpose.
You have to submit the ‘self-declaration form’ (provided in the above article) along with the Form 31.
Read: New EPF withdrawal forms..
Hi Sreekanth
Am I eligible to withdraw part PF in case I intend to pay up 12% of the purchase price as down payment on delivery of my house ? I have already booked the house about 2 years back making an initial deposit of 12% of the purchase price and managed to get a home loan of 76% from bank
I will complete 9 years of working under PF policy in December 2016.
What is the percentage of PF account balance that can be withdrawn for this purpose? And what is the process of requesting for a withdrawal, the documents required and the time taken to disburse the amount
Will be glad to hear from you soon on this
Thanks!
Dev
Dear Devjeet,
Kindly refer to the Table-1 for the eligible advance amount.
You have to submit ‘self declaration form’ (provided in the article).
There is no need to enclose any other documents like copy of Sale Deed, Building Sanction plan, Encumbrance Certificate etc.,
Also, attestation by the Employer is now not required on Self Declaration Form.
“EPFO has now clarified that the above Self Declaration Form can be accepted in case of UAN based claim form without attestation of the employer. Henceforth, the attestation of employers on the Declaration Form would not be required in case of UAN based Claim Form No. 31(UAN).”
Thanks Sreekanth. Would like to know what percentage of total EPF account balance can be requested for withdrawal for the purpose of paying down payment for home purchase.
Dear Devjeet..Kindly refer to Table – 1 , Sl no – a.
Thanks Sreekanth. This is helpful
Dear Sreekanth,
Can Pf be withdrawal Full value or only employee share on case of exit.
Dear Ajay..Can be withdrawn full if the EPF member remains unemployed for minimum 60 days and do not contribute to EPF.
My Situation – I have 4 PF accounts let’s call them A, B, C & D.
PF Account A: 2008 – 2009, PF amount withdrawn. However, not sure if EPS was withdrawn.
PF Account B: 2010 – 2010, PF amount not withdrawn. However, don’t have the account number nor can be obtained as the company has been closed (Lost PF Account)
PF Account C: 2013 – 2015, Account mapped with UAN, PF amount has been transferred to PF Account D. However, no information on EPS amount transfer in PF account D nor the passbook of PF account D suggest any EPS amount transfer.
PF Account D: 2015 – 2016, Account Mapped with a new UAN by employer even when old UAN was provided to the new employer. Last PF amount from old PF account C was transferred to new PF account D. However, the transfer amount in passbook reflect only PF amount, does not show EPS details.
Questions.
How can I withdraw complete PF and EPS amount from all the accounts (A-D except Account A PF amount which was already withdrawn)?
Will I be taxed if the total PF amount is more than 50K, how will they calculate my job tenure as I started to work in 2008.
What will be my job tenure for the calculation of EPS (will it be from 2008 or 2013 as they are the only PF accounts mapped with UAN)
Can I identify PF account B as I don’t have information? Also, can I map account A and B with new UAN?
Dear Chitransh,
EPS Transfers : Kindly note that the balance (EPS) wont be reflected in Passbook when you make EPS transfer. But, the service years from your previous employment gets carry forwarded in EPFO database so that the Pension amount is calculated accordingly when it is due.
PF A/c B – You can contact EPFO directly and can make the transfer EPF B A/c to you new active EPF a.c.
An employee has to have only one UAN number. Kindly get the old UAN deactivated.
Read: Allotted two UANs? How to get one UAN deactivated?
Your PF contrinution tenure & for EPS, will be counted from EPF B onwards (2010).
Read this article for info on TDS : EPF withdrawals & new TDS rules.
Hi ! , I need to withdraw 1 lacs rupees from my pf as I need to pay against my personal loan as current earning is not sufficient enough for the loan payment . Please help and suggest . I have transferred my pf to new employer and complete 6 years job with earlier one and association with current employer is six months. Please confirm wheather this withdrawal will be taxable ?
Dear Vimal ..Partial withdrawal for the said reason is not allowed.
Hello,
I am a cancer patient and I urgently need to withdraw my pf money.
However, according to the rules, I need to be hospitalized for 1 month, but in my case I take weekly one day treatment in hospital.
How can i withdraw and what’s the max I can withdraw? please help. Much appreciated
Dear Pradeep,
As far as I am aware, minimum one month of hospitalization is a must.
Suggest you to kindly check with your employer or EPFO directly.
Wishing you a speedy and comfortable recovery.
Dear Sreekanth,
I want to withdraw PF for maintenance of our house but the property is on my father’s name. Can I withdraw PF amount for maintenance?
Dear Hazeer ..The property should be in EPF member/Spouse/jointly-held only. So, you may not be eligible to make partial withdrawal for the said purpose.
Dear Sreekanth,
Many thanks for the reply. I will complete 5 years in my organization in April 2017 and I would like to take the pf loan to buy a land in my name after that. Could you please clarify my doubt.
Can I withdraw (Employee contribution+Employer contribution+ pension contribution) or can I withdraw (Employee contribution+ Employer contribution only?) . Because in pass book Employer contribution and pension contribution has shown separately. Please clarify.
Regards,
Hazeer
Dear Hazeer,
Only EPF portion can be withdrawn and not EPS.
Hi Sreekanth,
Many thanks for the reply. Is this 90% of EPF or full amount?
Kind regards,
Hazeer
Dear Hazeer ..Kindly read : PF components..
Hi, My Employer has initiated PF Partial Withdrawal two weeks back and how long it takes for PF office to complete the process and from where I can see my PF Partial current withdrawal status? Please advise.
Dear Sarat .. Generally 30 days..I am not sure if there is any such online provision to check partial withdrawal status.
However, there is one link which is for PF withdrawal (total), you may try it out..click here..
You may also check in your UAN login account.
Dear Srikanth,
I am planning leave the current company next week and i will joining into a new job from 10 of nov.. I have been working in current company from the 4 yrs.. when can i apply for PF withdrawal.. Will i be able to get PF amount after joining the new company.. Thanks in advance
Dear Kanth..You have to transfer your pf money to new EPF a.c.
Dear Sreekanth, Thanks for the article. We have brought a plot 6 months ago under my wife’s name. So to fulfil that commitment i am plannibg to withdraw mu PF, cutrently in 11th year of service. My question is can I withdraw PF for an alreadt purchased plot. I dont have any bank loan. Thanks in advance.
Dear Sujith ..I believe that property should be in your name to make a partial withdrawal.
I have completed 57yrs and retiring in June 2019. I want to withdraw my EPF for the higher education of my son.
How much I can withdraw and time taken by EPFOSERVICES to transfer the amount in my bank.
Dear Amrit,
The retirement age is considered as 55 years in case of EPF.
You can withdraw up to 90% of your entire PF balance (employee share + employer share) on attaining 54 years of age or within one year before actual retirement, whichever is later.
Kindly check with your employer about this.
dear srikanth does partial withdrawal of EPF amount effect the total amount value if i resign later in near future
Dear raheemuddin..Kindly note that the partial withdrawal is paid out of your total accumulated PF balance only. So, you will get the remaining balance when you apply for total withdrawal in the future.
Hello Shrikant,
I am applying for EPF withdrawal to purchase a flat in Mumbai. Flat/Property is already registered in my name however I am having a tough time filling out Form 31 for withdrawal. I am not sure what should I be writing in in block # 4 (Authority which approved site plan with reference no. and date.) & 7 (Permission/license no. for construction issued by local authority with name of local body in the area of construction.). Do i really need to fill them ? I am not constructing a new house and the building in which I am purchasing the flat is 37 years old so I do not know what information should I put there. Please advise if i can leave this information blank or is it compulsory (My employer is asking me to fill this info)
Dear Arpit,
Based on my interactions with other blog readers, you may leave that section blank if you do not have the info.
But I believe you can get basic details like local body name, authority which approved site plan etc.,)
Hi Sreekanth,
I am working in Bangalore and i have completed 5 years service. I have a property in Chennai which I am planning to construct and it’s a unapproved land. To apply partial withdrawal, I don’t have the approval copy and the number.but the land is registered on my name. So still am I eligible to apply for partial withdrawal? Or what is the best option to withdraw?
Dear Sathish,
You may try submitting the partial withdrawal form and I can’t say if EPFO will approve it or not (considering it is in un-approved land).
But as Sale Deed is in your name, you may get the partial withdrawal amount.
Hi,
I have taken a SBI MaxGain home loan 8 years back. I wan to close it using some amount from PF as there is a option to withdraw PF to repay home loans. I am bit confused with few aspects for which i need some clarity. I have a OD account & saving’s account (automatically created) for my home loan.
1. If i have to withdraw my PF and repay home loan, which one of the account details i need to share with the PF department: Savings or OD account? I heard that PF dept does a NEFT transfer to my account. I am not sure which account details should i give when i fill my PF withdrawal form?
2. If i have to submit my OD account details to PF dept, can i request a cheque book for OD account from SBI? Because, it seems that i need to submit a cancelled cheque leaf of my account to which PF transfer is to be done
OR
3. If i have to submit my saving account details to PF dept, will that not be a issue? Will PF dept agree to that? Because the letter from lending bank (SBI) stating my outstanding principal amount will have the OD account number and this going to mismatch with my saving account number.
Can you please help me get out of this?
Regards
Peter N
Dear Naveen,
I believe that you can give your Savings account details. You may check with your employer too (HR).
Ok thanks… Let me try it out..
Dear Sreekanth,
I am planning to do a partial withdrawal from my PF account for repayment of my housing loan . Recently I changed my organization . I have completed 10yrs with ex-employer and 2 months with current employer. I yet to apply for transfer of PF amount from old account.
So after transferring the amount from my old PF account , will I be able to make a partial withdrawal ? Or do I need to complete 10 yrs in current PF account before applying for partial withdrawal ? Pls help.
Dear Anitha,
You can transfer old EPF a/c monies to your new EPF a/c and then can apply for Partial withdrawal.
No need to complete 10 yrs in current PF account before applying for partial withdrawal .
Sreekanth Reddy
I had taken partial loan from my PF account for home loan repayment 12 year ago. I am planning to purchase new bigger 1BKH flat, can I get the loan from my FP account to purchase the flat.
Dear Yusuf ..Yes, you can..
hi,
I’m planning to construct a House on the site which I bought (there is no concept of layout approval in my place). Im employee for 6+ years. Is it allowed to withdraw epf money for construction for above land?? Land is registered on my name
Dear Ramesh ..I believe that you are eligible. Do submit the self-declaration form along with the partial withdrawal form.
Dear Sir,
I want to partially withdraw my PF amt for my house construction.
My registered agreement is in regional language(TAMIL). My PF office is in Mumbai. Regional language document is acceptable?
Dear Raji..Tricky question. But I believe that they may accept your form. Do submit the Self declaration form along with the copy of Sale agreement.
Hi Srikanth,
I have the same problem here, I don’t have the details for point no 8 in declaration form, permission or license no. Still am I eligible to pay for house construction?
i was completed 5Yrs working at the company still iam working same company so can can i get the epf amount.without any resignation.
Dear nagaraju ..You can not withdraw full PF balance if you are employed and contributing to EPF.
Dear Sreekanth,
I have just completed my 5 years of Employment on 10th August 2016. (Tenure: 10th August 2011 – 10th August 2016)
There was no PF account of mine in my first Organization and my actual PF contribution started from January 2015 when I joined Second Organization where I worked from January 2013 – August 2015 (2.5yrs).
Now I left Second Organization as well and joined third Organization. (August 10, 2015 – till date)
I have still not transferred my second organization PF to my current organization and it has been more than a year since I left my previous organization as explained with above tenure & date details.
Now my marriage is planned and I am in need of money thats why I want to withdraw my previous organization PF amount which is more than Rs 50,000 (Employee Contribution). Will it be possible to withdraw my PF in such explained conditions, if yes then whether any TDS deductions will be applicable over this withdrwal??
If really TDS deduction is applicable then please let me know much %age deduction will be done and is there any other way (advance/ partial withdrawal) by which I can avoid the TDS deductions over PF withdrwal if it is there in my case??
Dear Anil,
If you are contributing to EPF now (in 3rd organization), you can only transfer the old EPF monies and can not withdraw.
I am afraid that you can not make partial withdrawal also.
FYI, read – EPF withdrawals & new TDS rules.
Hi, I have completed 2 years and 2 months. As there is naming ceremony of my son for this Deepavali. So can I avail my PF advance which is very helpful to arrange.
Please can you help me in this regard.
Atleast half the PF amount as I saw in the EPFO app by using UAN.
Awaiting to your immediate reply with great pleasure.
Thanks
Dear ANUSHA ..No, you can not make partial withdrawal for the said reason.
I have completed 9 years 2 months service in IT sector. I am planning to construct house and land is registered in my name.my question is
1) if i get a loan from PF, do i need to pay a interst for that amount?if yes.is this monthly interst?
2) Do need to repay the entire loan amount?
3)If i am not take a loan, can i get a pension?
which is best option : pendion or house construction
Dear Gopi,
1 – No
2 – No.
3 – Both are different. You will get your Pension amount (or EPS amount).
Hi can you please tell me the step of generating uan number without the signature of employer and after this what are the strps
Dear Rohit ..Kindly read : How to generate UAN number online?
I have already done done this step and also git the application no.how many days it takes to get uan no. And after all this employer role is there or i can withdrawal by my own
Dear Rohit ..Read : New EPF withdrawal forms UAN based.
Dear Sir
How to submit the UAN based form for partial withdraw of PF
After submission of Form how much time would take for processing the withdraw
Regards
Dear Rajesh ..You can submit to EPFO directly by post or in person. Generally, 30 days..
Hi sir … I haven employed from 2009 and in 2013i quiet the company and I withdrew my PF. Later joined another org and worked for 2 years and quiet again and joined next company transferring the PF … Now I have totally 3 + years of of accumulation …. Am I eligible
I need money for house contraction I have already taken loan for construction and the plot is in my mother’s name and currently deputed to banks name for housing loan … Can I avail PF advance
Dear Ginu,
As you have withdrawn the first EPF a/c monies, those service years will not be counted.
So, you may not be eligible for partial withdrawal. Also, the plot should be owned by you (or spouse, if married).
I have completed 5 yrs of service. Recently bought a house , its registered both my name and hubands name. Planning for PF withdrawal for home renovation. am I eligible to apply for withdrawal and also is that taxable
Dear Bhuvana ..The eligibility condition is , partial withdrawal can be made for ‘home improvement /renovation’ purposes only after 5 years from the date of completion of house construction.
Taxes are not applicable.
I have a flat the occupation was received in 2012 and I have the occupation letter. I need to renovate the flat do I need to submit any other document apart from occupation letter?
Dear Bonny,
There is no need to submit any documents.
Greetings Sreekanth !
I had selected a flat during July 2016 and had sale agreement with builder. When I approached my finance dept to apply for partial withdrawal for purchase of flat, they said I am completing 5 years in Feb 2017. If I withdraw now that would be taxable. My builder cannot wait till next year for Registration and I got them registered in August 2016. Can i apply for partial withdrawal for Purchase of New Flat during March 2017 stating the details of the one I purchased in August 2016 as I am in need of the PF to accommodate my commitments.
Thanks & Regards,
Santosh Gorantla
Dear Santosh ..IF you are employed, you cannot withdraw full PF balance.
Also, partial withdrawal is not allowed now if you have not completed 5 years. I believe, you can. Kindly check with your employer too.
Yes Sreekanth, I got that point. During Feb/Mar 2017, I will complete 5 Years. Can I withdraw for the house I purchased now (Aug 2016).
I have completed over 20 years of EPF. My 36 months basic is more than the accumulated EPF. I want to take advance for housing loan repayment.
1. How do I calculate the money I can withdraw?
2. Does this withdrawal attract income tax? If yes, how is the tax calculated?
Dear Mr Bhat..
1 – Kindly refer to table num-1.
2 – It is tax-exempt.
Thanks for the prompt response. I understand from table 1 that the amount that can be withdrawn is accrual of employer’s as well as employee’s contribution. Is it to the last rupee or something will be kept as pension fund?
Dear Ram Bhat..The total available EPF balance is considered for the calculation purposes. EPS balance is a different one, you may check your EPF passbook.
Hello Sir,
My last day of working is 28 Sep 2016, so at what time i can apply for PF withdrawal , i want withdrawal this ASAP.
Dear Shubham ..After 60 days of being unemployed..
Dear Afrikaans,
i am planning to purchase a site using the partial withdrawal facility, i have the declaration form filled with all the required details , my question is after the approval for the same at any point can i purchase a different site from what is mentioned on the declaration form
also wanted to know should we submit sale deed and other documents after the purchase of the site to PF office
Thanks in advance
Binu
Dear Binu ..I believe that you can buy a different Plot/site and there is no need to submit any documents after the approval of claim (but if asked for, you may have to submit).
My PF account is contiuing for last 10 years but recentely i changed my organisation and i have been to 1 year now.
Am i eligible for partial claim during my new purchase of flat.
Dear Sarat..Have your transferred your old EPF a/c monies to your new EPF a/c?
Yes its been transfered from old EPF to new EPF. Am i elgible to get some partial amount(how much ?) if it is yes do i need to go through with my employer to claim the same.
Dear Sarat,
Yes, you can make partial withdrawal. Kindly refer to Table numb 1 in the above article.
If your KYC details are verified by your employer then you can submit UAN based new Advance withdrawal form to EPFO directly.
Do i need to pay tax for this PF adavance withdrawal amount? what is the percentage of tax i need to payan when.
Dear Sarat ..No taxes are applicable.
Dear Sreekant,
I have completed only 5 years in my new company. Can I apply for EPF Partial Withdrawals for Education purpose for myself.
Thanks,
Ramesh
Dear Ramesh ..The minimum number of years is 7 years for the said purpose.
Dear SreeKanth,
I am planning to withdraw my PF from my old Company where i resigned in March 2015 .
As i am not staying in INDIA from last 1.5 years and have no employment in INDIA is it possible to withdraw whole PF without any TAX.
Any guidance on this is much appreciated!
thanks
br//
Varun
Dear varun ..Yes you can withdraw full PF balance.
Read: EPF withdrawals & new TDS rules.
Hi- I have submitted form 31 for marriage purposes. I still haven’t received the money. Where can I check the status?
I bought a flat in march 2016, am i eligible to apply for loan withdrawal under purchase of flat clause. I have completed 5.9 years of service .
Dear mohit ..Do you have home loan on it?
yes i do have home loan from SBI
also i have not the possession of flat, as it is under construction
Dear mohit ..If you want to re-pay the home loan (part-pay) then minimum number of service years is 10 years.
i dnt want to pay home loan , i want my pf withdrawal under the clause construction of home\flat which requires 5 yrs of service completion. as i need to pay builder 20% amount from my pocket
to be precise under this “For Purchase of House / Flat, Construction of House and acquisition of Site”. so just want to know am i eligible as i have done y agreement with the builder
Dear mohit ..I believe you are eligible to make a partial withdrawal.
Hi,
My Dad is working in MNC company and his age is 52. while comming to point i purchased one Flot in appartment now my dad thought to withdraw his PF amount and to give me for the repayment of loan amount , here problem is he was not even a CO-Applicant for the home loan so is it possible with these reason can hw withdraw Ammount??
Please help me in this Question
Dear Satya..I believe thatit is not possible.
Dear Sreekanth,
I purchased a land last year (registered in my name) and now want to construct a house over that.
Please tell me what documents would be needed to be submitted before the pf office for PF advance withdrawal.
Thanks in advance!
Regards
Faiz
Dear Faiz ..You need to submit Form 31 and self-declaration form (template provided in the above article). Kindly note that the required documents list is also provided in the declaration form.
Hello Sreekanth,
Thank you very much for your valid information on epf. I am under suspension and going to retire next year. I applied for 90% epf advance. But the company as a coercive method not processing my application. I am a member of EPF TRUST MEMNBER of my company. In order to get 90% epf advance, what are the actions I need to take further in this connection. Please clarify
I am a member of TANCEM EPF TRUST and due for superannuation on31-05-2017. I have applied for 90%advance vide para 68NN of EPF rules1952.TANCEM is a statePSU with HQS at chennai.Ihave completed 57 years of age and due for superannuation within nine months from now.I have applied to the trust for advance thro properchannel on 01-06-2016.Even after three months and two reminders I could not get even a reply.I am under suspension for the past 18 months.ONLINE application to EPFO chennai (grievance redressal) was simply rejected stating the reason that since TANCEM is exempted and having their own trust my greivance could not be attended at EPFO Chennai.Please advise me with the steps to be taken by me to get the advance from my employer.Looking forward to your kind advice. Regards
Dear balamurali ..If they are not co-operating then you can submit your grievance to EPFO, kindly visit this link.
May I know if your KYC details (Aadhar/Bank Account /PAN) have been verified by your employer?
Hello Sreekanth,
I am buying a house and I need to pay the downpayment. Hence, I would like to withdraw my PF amount.
I have completed 5 years in my company and my Basic is 31000 and HRA is 15500 and there is no DA.
Can you please let me know how much amount I will get under this and in how many days can I get the amount.
Thanks for the detailed calculation. Await for a quick revert as its really urgent.
Thanks
Kailash
Dear Kailash,
Suggestion : EPF is for your retirement (long term savings). This should be your last resort for meeting your requirements.
Generally, the amount is credited in 30 days. For eligibility (amount) kindly refer to the table num – 1.
Hello,
I have 2 questions on partial withdrawals of PF with UAN form.
1. If I want to withdraw PF for my brother’s marriage, do we need any additional documents or just the Form 31 UAN?
2. Do we need to courier the form directly to the respective establishment? Also, if a cancelled cheque is required.
Dear Alok,
1 – Just the partial withdrawal form and Self – declaration form mentioning the purpose.
2 – You can post them directly to EPFO provided your KYC details are verified by your employer. Yes, enclose a cancelled cheque leaf.
Took PF amount for buying flat but utilized for buying a site for house construction on genuine ground. Can I avail PF withdrawal again for house construction? Wat is the procedure.
Dear SK..Only one time its allowed.
Hi Streekanth,
Thank you for the Blog . I have been working in my current organization for the past 6+ years and I need money as I have purchased a flat in Delhi NCR. UAN has been allotted to us and my Bank Account details has been approved in the PF UAN portal. Please advise on the following ->
1) I suppose I can withdraw only my share + Employer Share and NOT pension share ?
2) I do not have Aadhar Card yet ..is that necessary for the withdrawal without Employer ‘s approval ? if so then I will apply right away ?
3) How much time does it takes now for the money reimbursement into our accounts online ?
4) After downloading the mentioned Declaration Form, how to proceed further ? Do I need to contact my Employer HR or simply go to local EPF office ?
Regards,
Meet
Dear Meet,
1 – Kindly refer to Table Num. 1
2 – Yes.
3 – Mostly within 30 days.
4 – If kyc details are verified (including Aadhar) you can submit / post the documents to the EPFO directly.
Hello Sreekanth
I have applied for my EPF LOAN for purchase of FLAT,first i sent my UAN form but they said in my UAN card previous employ is mentioned and so asked to fill oldform
Also they said 5 Years mandatory in EPF service to prove thaey areasking UANPASSBOOK and needed the transferinformation
Howmany days it would reqired for the disbursement of the Loan
Dear premkumar ..Did you transfer EPF monies from your old EPF a/c to new EPF a/c?
Dear Sreekanth,
Very informative article.. 🙂 I am planning to make a partial withdrawal from my EPF account to purchase a new flat..I have two queries for you which if you could answer please:
1. Is it mandatory that the withdrawn money EPFO will only transfer to builder/owner’s account and is it not possible to get it in my account like other medical/marriage related scenarios?
2. How to track the progress of my partial EPF withdrawal request, i.e. approved/rejected/transferred etc.?Is there any online portal or helpline from where I can get this information as this entire process requires significant time I guess.
Dear Rameswar,
1 – I believe that it is not mandatory.
2 – I don’t think there is no online tracking facility, as of now.
i have withdrawn PF in jan 2014 for the marriage of my sister, now i need to withdraw PF can i withdraw it as i need it for the marriage of my youngest sister, can i again withdraw the PF
Dear Deeptiman ..Yes, you can..
Dear Sreekanth,
I want to withdraw PF for construction of house but the property is on my fathers name. Can I withdraw PF amount for construction.
Thanks
Dear Shaik ..The property has to be either owned or co-owned by the EPF member and/or spouse.
Dear Sreekanth,
If i withdraw PF money for buying a plot, then is there any other post PF amount disbursement required ? i mean, should i send any acknowledgement as proof of purchased land to PF office ?
Dear Sudheer ..I believe it is not required.
Want to know about edli amount under death condition how to calculate this.
How calculate widow pension under epf.
Dear Jitender,
As per EPFO, salary means only Basic+DA. Also, for EDLI the maximum salary for contribution or for arriving at your insurance coverage, the maximum limit is Rs.15,000.
Currently, the maximum benefit of life insurance set under EDLI is Rs.6,00,000. It is based on your last 12 months average salary. It is calculated at 30 times of your last 12 months average salary. Along with that Rs.1,50,000 is also payable as a bonus.
Hence, under this scheme the maximum salary limit set as Rs.15,000, we can assume that the maximum ceiling of benefits under this scheme will be as below.
30 times of Rs.15,000 = Rs.4,50,000+Bonus of Rs.1,50,000 =Rs.6,00,000.
If the member dies before 58 years widow / widower and children shall be entitled for pension.
Dear Vijay,
How many days it will take to get the advance. How to track the same
Dear Sreekanth,
I am planning to apply for the loan/advance on my PF for the construction of a new house. I am employed for more than 8 years now. I have understood the procedures to apply and how the payment happens to me.
But I am very much confused about how do I repay the loan. Is it the same way as we repay any bank loan with interest. Or is it through our regular PF deduction through salary.
Any guidance on this is much appreciated!
Dear Vijay,
There is no need to repay the advance amount.
Dear Sreekanth Reddy,
I have completed my 7 years of service, I am planning to get married this year what will be the best option for me to withdraw maximum amount from my PF deposit. As I don’t want to apply for a personal loan and I have around 1 Lakh deposited in my PF account towards employee’s share. Can I withdraw the full/ maximum amount out of it? Will I have to submit any documents for the same?
Dear Akash,
Kindly use EPF balance only if you do not have other resources, as this is part of your Retirement corpus. You can withdraw up to 50% of your contributions and interest there on. You have to submit self declaration and form 31.
Read : New UAN based EPF withdrawal forms..
Hi Sreekanth Reddy,
You have doing an excellent job in helping people to understand this complex topic of PF. I have quick question : I worked with an employer from 13th Sep 2010 till 3 Jan 2014 – Friday (3 years and 3 months). Here the PF was maintained with the Trust. Then I worked with my new employer from 6th Jan 2014 – Months (2 years and 8 months). Recently, I moved from previous PF transferred. In total of around 6 years of service.
I have both the PF accounts mapped under a single UAN.
I am planning to take advance for purchasing a dwelling home. Can I do that? Is there any restriction of working with the same employer for more than 5 years?
Dear Faiz ..If you have transferred the old PF a/c monies to the new one then your service/contribution years in total will be considered.
Thanks Sreekanth for the prompt reply.Really helps my cause. I have already applied for the transfer:
1) Cheque has dispatched by my previous employer on 15th Jul and was received by EPFO RO Chennai on 18th. Both the employers have approved the PF that on 9th Aug. I am yet to receive the PF amount. What should I do?
Dear Faiz ..Kindly wait for some more days, you may receive it very soon.
Hello Sreekanth,
I’ve just finalized a flat and submitted my documents to the bank for home loan. I have a strong feeling that I may fall short of a couple of lacs, hence planning to apply for a partial withdrawl from my PF account. I wanted to know when can one submit the request for the withdrawl? Should that be only after the registration of flat is done on my name, or can I submit it now while the home loan application is under process?
Please guide me.
Appreciate all your support and assistance.
Dear Noor,
Yes, you can submit your partial withdrawal application now also.
Hi Sreekanth,
Thanks for your quick reply.
Can you also please help me fill the below fields.
5. In case of Advance for purpose of Site/House/Flat or Construction through an “Agency” ‘or’ Repayment of housing loan, indicate
5a. Cheuqe to be drawn ‘in favour of’
5b. Full address of “Agency
Could you please elaborate as to what does the points 5a and 5b mean?
Thanks again for your guidance and support.
Dear Noor,
In favour of can be – builder name / company (or) Lending Institution (banker).
Hi Sreekanth,
Thank you for your super promptness and amazing support. Sorry for bothering you with more questions, but I’d like to know, since the purpose of partial withdrawl is for buying a new Residential Flat, and I am buying the property from the current owner of the flat, do I still need to furnish the point 5a? If yes, on whose favor should the cheque be drawn?
Dear NOOR ..You can get cheque issued in your name too (or) in the name of current owner.
Hi Sreekanth,
Thanks a lot for addressing my concerns patiently. I am planning to submit the application in a day or two, so would like to just take a little more guidance from you.
My employer has Listed the below documents that I need to submit. Can you please check and let me know if they all are needed, and since I have my UAN, do I really need to take the employer’s attestation
1) Agreement of Sale
2) Previous Sale deed
3) Latest Katha and tax paid receipt (by the builder/Developer/individual) or equivalent document as applicable in respective states/Cities
4) Non Encumbrance certificates for 13 years or equivalent document as applicable in respective states/Cities
5) Approved plan
6) If the land is a DC converted land, then conversion letter copy from the DC. (if applicable)
7) Blank cancelled cheque for Bank proof
8) Member should have 5 Year of PF service.
9) Form-31 along with the declaration form (Attached declaration form along with the form-31)
Please give me a check list of documents so I can arrange them all and submit the application. Also, can I directly go to PF office and submit the documents or it should go through the employer only?
I am sorry for the many questions above, but would appreciate if you could answer them and add any other important information that I may need.
Thanks again for your support.
Regards.
Dear Noor,
Employer’s attestation is no more mandatory if your KYC details have been verified on UAN portal.
Yes, you can submit to EPFO directly.
This is an exhaustive list and you may submit whatever you have with you. (I believe must have ones are Sale agreement, Approved plan, Cheque leaf, advance withdrawal form & self-declaration form).
Dear Sir,
I Purchased a flat and the Regsitration also over, i have to repay Amount to Builders and i applied to EPF Advance withdrawal twice, its got rejected twice with the reason of Agreement date missing. So i am planning to apply again for 3rd Time. Is it possible to Apply online ?
Is it Possible to get the Amount from EPF to directly to my account ? so that i can pay the Amount to the Builder.
Thanks,
Ramesh J
Dear Ramesh..Online facility is not yet been made available. I believe that it is possible.
HOW CAN TAKE EPF LOAN TWO YEAR COMPLANT EPF CUTING.I WANT LOAN HOW CAN TAKE LOAN.PLEASE DETIALS .
Hi,
i have initiated PF partial withdrawl for clearing my home loan through my current employer using form 31. it has been almost one month since i submitted form.
How could i track status of my application?
please guide me on how can i get status on my form
Dear santosh ..As of now, I dont think there is any such online tracking facility. You may kindly contact EPFO directly.
From which date online partial PF withdrawal facility available?
Dear Ashok..As of now not yet known. Will surely post an article when the news is out.
Dear SIr,
Let me know can i submit purchasing agreement along with declaration form (with down payment).. before registration of my plot
Yes, dear mahtab .
thank u sir
Dear Sreekanth,
I want to make permanent withdrawal from my EPF for flat construction.
Payment for the flat has to be made stagewise.
Can the withdrawal also be stagewise?
Dear Banerjee..Permanent withdrawal is not allowed, if you are employed and still contributing to EPF scheme.
Hi Sreekanth,
I am planning to buy a new flat. Flat is readily available to move in. To make a down payment I want to do EPF Advance withdrawal.
1. I will complete 5 years by Oct 1st 2016, in that case do I need to do registration and apply for home loan after submission of EPF Advance withdrawal or I can apply for loan now before that and raise a Advance withdrawal request?
2. If I apply for Advance Withdrawal, how much amount I will get? will I get full Employee + Employer + interest or just Employee Contributions?
3. Will there be any tax?
4. What documents do I need to attach along with Form 31 (as a proof)? Sale deed or just agreement or none required?
I will reframe my first question….
Please bare with my questions…will be helpful if you provide more info on this. Appreciate your help.
1> I will complete 5 years of service on Oct 1 st 2016,. Currently that flat ready to move in.
Do I need to wait till Oct , Apply for EPf withdrawal and then apply for loan and do Flat registration
OR
Can I apply for loan, do flat registration now and then in Oct raise Advance withdrawal req?
OR
Apply for a loan now, raise Advance withdrawal req and then do flat registration?
2. If I apply for Advance Withdrawal, how much amount I will get? will I get full Employee + Employer + interest or just Employee Contributions?
3. Will there be any tax?
4. What documents do I need to attach along with Form 31 (as a proof)? Sale deed or just agreement or none required?
Dear Rahim,
1 – You may have to wait till Oct 2016.
– If you have home loan then you make advance withdrawal to clear outstanding home loan but for that service period criteria is 10 years.
2 – Kindly refer to above tables.
3 – No taxes.
4 – Self declaration form and any other supporting documents like Sale agreement etc.,
Thank you Sreekanth. Appreciate your reply.
hello Please inform me the latest amendment in EPF withdrawl in which the maturity of PF account reduced to five (5) Year to avail education loan
Dear AJAY ..Kindly note that new rules have been scrapped.
Hi Sreekanth,
I Worked Company A from April 2008 to Dec 2013. Company A has been acquired by company B by 1st Jan 2014, I currently working at the same company. All my PF balances got transferred to Company B. Total years of experience is 8 + years, Can I partially withdraw my PF amount to pay my Housing Loan. I found some of your quotes to submit Form 31, Did I need to get any Signature / approval from my Employer. could you please help me the procedure.
Dear Rakesh,
The minimum number of years is 10 years to make partial withdrawal for the said purpose.
(UAN based Form 31 can be submitted without employer’s signature).
Dear Sir,
Hi.. I have withdraw sum amount of Rs. 2 lacs in Feb 2016 from my PF for purchase of property. Now I want to withdraw sum of Rs. 3.5 L (with in the limit as prescribed) from my PF for addition /alteration of my existing property (which is 5 years old – owned by me) . I am member of EPFO Since 9.5 years
Can I withdraw the same ?
Pls guide
Thanks,
Regards,
Gaurav Mehta
Dear Gaurav,
Tricky question and I am not sure about this.
Kindly check with your employer and do let us know the status, can be useful to others. Thank you!
Thanks for Your reply…
I will check and surely let you know.
Thanks !!!
hi gaurav,
can u help me regarding this as i have to submit pf loan for purchasing plot.. i have completed 5 years.. let me know what document required to apply for same.. is it enough if i submit purchase agreement .. or i will have to submit registration proof.. kindly suggest
Hi,
I am Kunal working in a private company since last 4 years. I need to withdraw some amount from my PF account for my wife treatment as she is pregnant. Is it possible to withdraw, If yes then please let me know the procedure.
Dear Kunal,
A doctor [ or registered medical practitioner] of the hospital should certify that a surgical operation (or) hospitalization for 1 month or more is/was necessary.
Kindly contact your employer and you may be eligible to make partial withdrawal.
Dear Sir,
I worked in Thermax Limited form 01/08/2010 to 10/10/2012 and in my epf account contribution stated from oct 2011 to sept 2012.I started an other job on 15/10/2012 I joined New Pension Scheme too in this organisation and I am still in the same Job. What is the procedure of EPF widrawal for the above mensioned case.
Dear Rakesh ..Your EPF would have become inoperative.
You can submit request through inoperative a/c helpdesk and can withdraw full PF balance.
Hi Sreekanth
I have Resigned from my current organization and last date is on 10th August 2016. I am planning to opt for settlement of my PF. Till now i have transferred my PF from all my Previous organizations for past 8 years. If i go for settlement will i get full amount or will there be any tax ?
As i heard there are some new policies from PF effective from Aug 1st. Is there any impact on settlement after August 1st?
kindly advice
regards
Dear santosh,
The proposed new rules have been cancelled.
You can withdraw full PF amount after 60 days from the date of leaving your organization (have to be unemployed).
HI Sreekanth,
I would like to take PF advance for my house repair. It was located in my home town and was built by my father 30 years back. Now, I am planning to do some alteration over there.
In PF declaration form, they ask for Approved Site plan ref # and date, what should I fill up here. There is no approval so far for that house since no approval taken by my father during the construction of house ( very old house )
is it approval site plan from corporation for doing repair of house ? Please suggest.
Dear Babu..If your father is the owner of the property then you can not make partial withdrawal.
Sorry I didn’t mention this, currently I am the owner of that house
Dear Babu,
You may submit the details which you have. The approval info is not for repair but of ‘construction approval’ (building plan approval).
thank you very much. let me follow up the same.
btw, can you share your contact if you wish?.
I will contact you if any clarification needed.
Thanks
Hello Sir,
I have worked in Company A from Nov’2008 till March’2016 and Company B from April 2016. I have not transferred my OLD PF account from Previous employer to current employer. Currently I am employed in Company B. Will I be able to withdraw my entire PF amount (Employee + Employer) from my Old PF account?
Thanks!
Rajesh M
Dear Rajesh,
Suggest you to transfer your old EPF account money to the new one.
Thank you for the quick response sir…. Once it is transferred will I be able to take the amount from my current employer?
Thanks,
Rajesh M
Dear Rajesh..You can make partial withdrawals only. Kindly read : EPF partial withdrawal rules..
Hello Sir, I am also sailing in the same boat where in I moved from company A to company B just one month back and I need to withdrawn my portion of earlier PF for purchase of new apartment.
will the form 31 and my declaration to be submitted to the PF office?
since my new firm is having his own trust and they have opened my new pf account?
pls advice.
thanks
Naveen ([email protected])
Dear naveen..Yes, you can submit the new UAN based forms, kindly go through the rules/guidelines as given in the above article.
Thanks can I get the full amount withdrawn or part of it.
Hi srikanth sir,
I have total 10 years 4 month of exp. My First 3.9 years pf is maintained by first organisations. Then I moved to next company I have transferred my pf of to new company. Here pf is maintained by epfo. second organisations comp lit 6 year 4 month .so i decide resignation .so how to possible withdrew my pf fully.
Thanks in advance
Dear sunil ,
Yes you can withdraw full PF balance, if unemployed for minimum 60 days.
Read:
New EPF withdrawal forms
sir,my pensions scheme is applicable or no.can i pf withdraw without pension scheme after ten years if unemployed 60 days
sir unemployed 6o days after fill up the pf from but owner not signed in from other than new epf withdrwal from UNA no without employer sign. .I uplod epf web side adhar pan.no.every thing document but employer side kyc not verified document so what to do?pf withdraw.
Dear sunil..If unemployed for minimum 60 days, you can withdraw both PF & EPS amount (if service period is less than 10 years, you can withdraw Pension amount also).
Hi srikanth,
I have total 7 years of exp. My First 3.5 years pf is maintained by trust. Then I moved to next company I have transferred my of to new company. Here pf is maintained by epfo. Whether am I eligible for of advance for home purchase.
Thanks in advance
Hi Sir,
1) My brother, joined Philips and PF Membership start date : 27-Jul-2009 and Date of Leaving with Philips : 25-Nov-2011. PF is maintained by Philips Trust. After leaving philips, he has not worked till 1st May, 2015.
2) He joined Mercedes on 2nd May 2015 and currently working there, since then. The PF amount from philips got transferred to Mercedes company recently. PF is maintained by Mercedes Trust.
3) We would like to avail loan for purchasing the flat from PF account,and were told that minimum 5 years of service is required. Since, there is no continuous years of service for ~3.5 years, are we eligible to avail a loan from PF balance. How the number of the service is considered?
Dear TVS,
First EPF a/c – 2 years and then 1 year on 2nd EPF account. So, the total no of contiburion years is less than 5 years.
Thank you very much for reply quickly Sreekanth.
Hi Sreekanth,
My case is also similar to this.
I worked with my first organization for 4 years and withdrawn the amount when changed company. Now i have been working in my second organization for 3 years.
I would like to avail loan for purchasing flat from PF account,How will be the service period calculated in my case? Am i eligible to take loan for purchasing the plot?
Dear NarasimhaRao ..As you have withdrawn your old EPF a/c money, your service period would not have been accumulated. So, i am afraid you may not be eligible for partial withdrawal for the said purpose.
Hi Sreekanth,
My father is working in one private organisation i.e. Rural development Trust(R.D.T). He is planning to withdraw total PF money for my sister marriage .But as per my understanding he cannot withdraw total PF money. My father is 56 years old now , there is one policy (Para 68NN: Withdrawal within one year before retirement). Is there any chances to use this 68 NN policy and Please let me know if any other policy to get total or 90% money from corpus without taking any voluntary retirement.
Regards,
Manoj
Hi Sreekanth.
In continuation above post,please let me know the required formalities and form numbers to start the process and please provide no.of days to get money.
Regards,
Manoj
Dear ManojKumar,
The retirement age is considered as 55 years. So, I believe that he can withdraw full EPF balance.
If he is active UAN number and kyc details are verified, he can submit new EPF withdrawal forms directly to EPFO.
PAN card copy, cancelled cheque leaf, form 15G (if required) along with withdrawal forms need to be submitted.
Thanks a lot Sree
Hi Sree,
Is it possible to withdraw employer contribution as well. Could you please conform,actually employer telling its not possible .
Regards,
Manoj
Dear Manoj ..Yes, it is possible.
Hi Sreekanth, I purchased the flat which is jointly owned by me & my mother in 2011. I have home loan on the flat. Now, I want to partially withdraw PF for repair/renovation. Am I eligible (as I am one of member owning flat and other member is not spouse)?
Dear PSNandanwar..I believe that you are eligible to apply for partial withdrawal.
Hi Sir,
I purchased a new flat in Bangalore. And I applied for PF Advance withdrawal, somehow it got rejected and I would like to apply again. The Flat Registration is over now, Is it Possible to apply for Advance withdrawal after the Registration.
How much % on my Contribution I will get Advance. I have been working from 8.9 Years.
Is it Possible to apply PF Advance withdrawl from online ?
Thanks,
Ramesh J
Dear Ramesh,
Online withdrawal (partial/full) facility is not yet been made available. If you have taken home loan then you can make partial withdrawal to make part-payment of outstanding home loan principal.
Dear Sir,
My company had own epf trust. In this month it joined Epfo and all the amount was transferred to Epfo with old seniority. 10 years ago,I got partial withdrawal for house construction. Can I avail partial withdrawal for land purchase in EPFO
With Thanks,
Daniel Raja
Dear Daniel..The purpose may be considered as the same one, you may not be able to make partial withdrawal. Kindly check with your employer too.
Thank for the reply.
Hi,
I am planning for partial withdrawal of my PF amount for purpose of repaying my Home loan and have submitted Form 31 to my employer
Could you please let me know how much time it will take to get my amount once forms are submitted to PF office?
thanks
santosh
Dear santosh ..As per my observations, it can be within 30 days.
Hi Sreekanth,
I have initiated through my Employer, will i get any Reference Number or Tracking number to track the process ?
hii
I am planning to purchase a flat in Delhi, i working with my employer since 12 aug 2011, i will complete 5 years of service on 12 aug 2016, so can i apply rightnow for withdraw of my epf amount, what documents need to be enclosed with form no-31, i want to withdraw before registry of flat, so kindly suggest your view
thanks
AMIT RAWAT
Dear AMIT..You can submit ‘self-declaration’ form & a copy of Agreement of Sale. But kindly note that the minimum num of service years is 5 years.
Dear Sreekanth Reddy,
Could you please answer for my following questions.
1. I have worked in my previous organization for 3 years and after that i didnot transfer that amount to newer one.(It has been 5 years now)
I want to withdraw that amount, can i withdraw now? and what are the docs required for this process?
2. I am planning to buy a flat and want to withdraw EPF amount(i have been with my current organization for the last 5 years).Can you please help me with the procedure and docs that are required.How much i can withdraw?
Regards,
Shaik
Dear Shaik,
You may transfer your old PF money to new one and then can apply for a partial withdrawal.
Read:
Inoperative EPF account helpdesk.
How to consolidate old EPF accounts?
Dear Sir,
I have worked on an organisation for 6+ year, I wasnt to withdraw PF for build a house, But the land is in my fathers name, I am the only child. What document i need to produce for this pf withdrawal purpose?
Dear Debasis..I believe that the site should be owned by either the EPF member (self) or spouse or jointly to make partial withdrawal for construction of house on the vacant plot.
Will a power of attorney from my father will suffice the purpose?
Dear Debasis..I believe that he can execute GIFT DEED in your name.
Hi Sreekanth,
I’ve 11yrs service in my current company. I’m withdrawing partial amount from my PF account for purchase of flat. Can I use the withdrawn amount for the below mentioned reasons…
1. Down payment to the builder
2. Registration fees
3. For paying interior charges
If yes, then should I mention all the above reasons in the declaration form
Thanks,
Vijay
Dear Vijay..Suggest you to just mention the purpose for advance is ‘purchase of flat’.
Hi Sreekanth,
Thanks for your reply.
That’s what I have currently mentioned, but I heard from some sources that I have to submit all the proofs within 6 months for the amount withdrawn. If this is true, then at that time will the pf office accept the bill for the interior work and registration copy.
Thanks,
Vijay
Dear Sreekanth ji,
same question as Mr vijay ask, i have to pay down payment to builders, can i withdraw amount before registry, so that i pay down payment , and what documents need to be enclosed with form no 31 to withdraw my EPF amount.
thanks
AMIT RAWAT
Dear AMIT..You can submit ‘self-declaration’ form & a copy of Agreement of Sale.
Hi Sreekanth,
I am planing to buy a flat in Bangalore & i checked my eligibility for advance PF withdrawal which is good.
I am going to use the PF advance withdrawal money for down payment; post then loan procedure starts. Only then builder will get the documents on stamp paper. So please let me know whether we can use the draft (sale & construction which was given in MS word by builder) for advance withdrawal then I can provide all the photocopies once the agreement is registered on stamp paper.
Dear RV,
I believe that self-declaration can be enough.
Hi,
Can I withdraw EPF two times in a financial year for different purposes – Marriage and Purchase of site for construction of dwelling house?
Dear Avinash..I believe that it is allowed.
Hi Sir,
I am working in a Company (Bangalore) for the Last 8.5 Years, planning to buy an apartment in Bangalore.
And I applied for a Home Loan, so Home Loan also released 2 Payments to the Builder.
Final Payment is pending from Bank, and it will released once the Registration over.
Now I would like to go for Advance withdrawal from my PPF Account.
Can I apply for Advance withdrawal of PPF before my Registration or after my Registration.
Form 31 should be applied through Employer only ?
And may I know how many days it takes to release the money from PF Department ?
Thanks & Regards,
Ramesh J
9972141592
Dear RAMESH..Both can be possible. If it is after the registration, then it can be considered as ‘repayment of outstanding home loan dues’.
You can submit the form directly provided your UAN KYC is done.
Read: New UAN based EPF withdrawal forms..
May be within 30 days if all documents are in place.
I have worked in private organization for 2years, I recently left the job on May 20th 2016, Am I eligible to apply for PF now and will I get full EPF amount..
Dear Maddy..If unemployed for 60 days or more, you can withdraw full PF balance.
Hi Sreekanth Reddy,
I have purchased a flat and need to pay more 3 lakhs in cash to builder . How can i withdraw my PF amount ? I have worked for 8.5 years .
Regards,
Manish
Dear Kumar ..Kindly go through the above article.
Hi,
What is the approximate tax that would get deducted for a EPF amount of 6 lacs, if I am closing the PF account (4 years in the company) as i had been jobless for more than 3 months? I have been in service for close to 14 years (in many companies with different PF#s).
Appreciate an early reply.
Thanks,
Divya
Dear Divya,
If you have been transferring old EPF a/cs then your service is treated as more than 5 years and there won’t be any TDS or taxes on your PF withdrawals.
Read: EPF withdrawals & new TDS rules.
Hi Sreekanth,
Is there any procedure to withdraw my PF money from the current employer? I am ready to pay the applicable tax and get the money, is it possible?
Dear Suyash..You can not withdraw full balance, for partial withdrawal rules kindly read above article.
Hi Sreekant Reddy,
I am planning to buy a flat i have some querries need your help here
a) I am selling my all two flats and buying the new flat am i eligible to withdraw PF for new purchase
b) Can i withdraw entire contribution as specified in table above or only 36 times of salary
c) How the 36 months will be counted first to last or opposite as i have completed 5 years here and there is huge difference in my salary earlier and now
d) On a safer side how much time it takes for withdrawal
Regards
Kailash Reddy
Dear Kailash,
a – Yes, but depends on the your ‘number of service years’.
b & c – based on the said ‘three conditions’ whichever is the least. I believe that 36 months is from latest and backwards, however kindly check with your employer too.
d – I believe usually within 30 days, if all documents are in-place.
Hi Sreekanth, Thanks for writing this. Useful!
I’m planning to take advance for repaying my housing loan. I have completed 11.5 years of service in a company. I have been working in the US for period of 1 year where my PF was not deducted as i was payed US salary. would this be considered as a break ? when we apply for PF withdrawal ?
Dear Sam..Though it is considered as a break you are eligible for partial withdrawal for the said purpose.
Hi, Can I withdraw PPF partially for my wife’s baby delivery? Thanks
Dear Madan,
“The advance can be taken for all major surgical operations or for treatment of critical illness. You have to submit proof of hospitalization, leave certificate along with Form 31, in case the funds are for your own treatment.”
SIR,
I AM WORKING IN A PRIVATE ORGANIZATION SINCE 15 YEARS. I HAD WITHDRAW MY PF AMOUNT 2 TIMES ONES UNDER MEDICAL GROUNDS AND ANOTHER TIME FOR PURCHASE OF SITE. NOW I WANT TO WITHDRAW AGAIN FOR PURCHASE OF ANOTHER SITE. CAN I ELIGIBLE FOR IT OR NOT? IF NOT UNDER WHICH PURPOSE TO WITHDRAW AMOUNT
Hi Prasad,
Can you please let me know how much time will it take in order to process the withdrawal. I have applied for partial withdrawal for purchasing a house on 31st May in Indore PF office.
I have 7 Lakhs in my PF account including employee and employers share. How much amount will be sanctioned to me and is there any place where we can check the status.
Can you please help me with the details as you have already experienced the same.
Thanks,
Srinivas Reddy
Dear Prasad..I think for the same purpose (site purchase) its not allowed to make partial withdrawal.
Hi Sir,
I would like to use my PF amount (continue in job) as down payment & rest as home loan. Can I do so?
Regards
Yogesh
Dear Yogesh..Yes you can make a partial withdrawal for the said purpose. For guidelines, kindly go through the article.
Does pf withdrawal for purchase of flat attract tax?
Dear Shanx..No tax liability..
Dear Sir, Point 1: I am working for 3rd party payroll for my organisation which is at Delhi, and i stay at Mumbai. I have Resigned from the organisation, hence i would like to know that after 60 days of unemployment can i submit my PF Withdrawal form at Mumbai ( Kandivali west Charkop ) office directly ? or I have to get in touch with my 3rd party HR. Point 2: After completion of 60 days when i submit my form, how long duration does it take to credit it to my bank account. I have updated my KYC details and also have created my UAN number. Thanks & Regards M. Bharat
Dear Bharat..Kindly refer to our discussion in the Forum .
Hi Sreekanth,
I bought a land recently and am planning to construct a house. I could like to apply for PF amount towards house construction. My UAN is active and other two criteria are met, like adhaar and bank account.
So apart from FORM 31 (UAN) , what else should i send across to EPF office? Will a copy of land in my name do or i need to give them any house plans or anything?
Any suggestions.
Thanks
Manoj
Dear Manoj,
Besides Form 31, you have to enclose Declaration form signed by your employer & yourself.
I have provided the ‘declaration form template’ in the article. You may download it.
Hi I have applied for pf advance widrawal on the 2nd of May 2016..till date I have received two sms saying your claim is in process. Kindly guide me how much time does it takes to get it in my account after I receive these messages.
Thanks
Dear Novina..I have observed that advance claims are generally settled within 30 days, you may have to wait for some more time.
Hello Sir,
I have resigned from the Organization from 3 months back and joined in New organisation.Till today i have completed 4 years 8 months of service. For My Brothers Marriage I am looking for withdraw the PF money. Is it Possible?If Not Possible please suggest some alternative way, since it is bit urgent.
Dear Arun..To make partial withdrawal for the said purpose, the minimum years of contribution is 7 years.
How many days will take to get Epf advance?
Dear Pahari..I have seen people receiving it within 30 days..
My son is in 11th after two years i would require money for his further education. Could you please suggest me some small term plan or some saving certificate which can help me in future to take the loan for his education.
Dear sulakshana,
Small Term plan? Are you referring to life insurance plan?
If your investment horizon is 1 to 2 years, suggest you to stick to Recurring Deposits / Fixed Deposits.
Kindly read:
List of best Investment options.