EPFO PF ADVANCE for Medical Emergency

Q & A Forum › Category: Provident Fund (EPF & PPF) › EPFO PF ADVANCE for Medical Emergency

chvssr asked 8 years ago

HI, DUE TO SOME MEDICAL EMERGENCY I WANT TO TO WITHDRAW PF ADVANCE FROM MY ACCOUNT I HAVE TOTAL 80000 IN MY ACCOUNT AROUND 40K OF MY SHARE AND REMAINING EMPLOYER AN PENISON HOW MUCH AMOUNT I HAVE TO ENTER WHILE CLAIMING FOR ADVANCE THROUGH FORM 31

2 Answers

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Sreekanth Staff answered 8 years ago

Hi, “For the purpose of ‘medical treatment’, the least of 6 months basic wages (or) employee share with interest is allowed as partial withdrawal.” Based on my blog readers' responses, even if PF member claims higher amount than the eligible amount, the EPFO may approve the claim limiting the amount as per the above rule. Related articles : https://www.relakhs.com/epf-partial-withdrawal-medical-illness/ https://www.relakhs.com/epf-partial-withdrawals-epf-loan-rules/

chvssr replied 8 years ago

Thanks for your response
My claim status is Sent to EPF filed office and claim under process
Generally how much time it will take to credit

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Sreekanth Staff answered 8 years ago

Hi, Generally the online claims are settled within 10 days and offline claims in 30 days.