Possible grounds for requesting a PF advance or withdrawal include:
Reasons for PF WithdrawalĮmployees can seek an advance or withdrawal of the amount in their PF account. This article examines the application and what are the documents required for pf withdrawal online. Withdrawal of PF – Application and Documents RequiredĮmployees who have made PF contributions may withdraw money from their accounts for a variety of reasons by submitting an application through the Unified Portal –. Employers with more than 20 employees must get PF registration and adhere to PF contribution regulations. It is available upon retirement or termination of employment.Įmployees’ Provident Fund (EPF) is an Indian employee social security and savings scheme. If certain conditions are met, the interest is credited to the member’s Provident Fund Account (PF account).
Employers and employees are both required to contribute to the EPF Scheme.
Benefits are paid to dependents of deceased employees. It is a statutory benefit available to retired or departing employees.
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