PF withdrawal: Important updates are coming out regarding PF i.e. Provident Fund. It is being said in China that every month a fixed amount will be deposited in the account from your salary and company’s contribution. If you are also a PF account holder, then this information is very important for you. Let us tell you how much money you will be able to withdraw.
Every second or third day, the Employees’ Provident Fund Organization (EPFO) has made some rules. It is very important to understand these rules so that you can easily withdraw your money without facing any problem. Today we will tell you about the new rules made by EPFO and information has also been given about how to withdraw PF money.
You can withdraw PF money due to these factors
Marriage is an important occasion in everyone’s life, in such a situation, you can withdraw money for marriage, you should be a member of EPF for 7 years. If you are its member then you will not face any kind of problem and in a few minutes the amount of 1000 should be deposited in the account and later you can easily withdraw PF money, you can withdraw up to 50% including interest for your share which will be very important for you.
The second biggest reason due to which you can withdraw money is that you can fulfill your needs by withdrawing money just a few days before retirement. If you have one year of working time left for retirement, then in such a situation you can withdraw 90% of the PF fund and spend it as per your need.
The third biggest reason to withdraw PF money is to reduce the burden of loan. You can withdraw PF money. For that, you should have your 36 months salary + DA as employee appointment contribution. On this basis, you can easily withdraw money.
