How to withdraw money from PF: PF money is deposited for retirement fund and pension. But in some special circumstances you can make partial and complete withdrawal from your PF account. Generally, the entire EPF amount can be withdrawn before retirement only if you have been unemployed for two months or more. Let us know under what circumstances partial withdrawal can be made from PF account and what is its process.
Partial withdrawal can be done in these circumstances
- medical needs
- own or child's marriage
- To repay home loan
- to buy a house
- To renovate the house
For most of these partial withdrawals, the EPFO member must have been an EPF member for a minimum of five or seven years.
This is the process of partial withdrawal from PF
step 1. You have to visit the UAN portal and enter your UAN number and password.
Step 2. You will receive an OTP on your mobile number linked to Aadhaar. Enter this OTP and captcha.
Step 3. Your profile page will open. On the top right side of the web page you will find the option “Online Services”. Now click on 'Claim' from the scroll down options.
Step 4. Now you have to verify the member details by entering the bank account number linked to EPFO.
Step 5. Now a Certificate of Undertaking will be received stating that the claimed amount will be deposited by EPFO into this bank account. Now you have to click on 'Yes' to the terms and conditions.
Step 6. Now you can proceed for online claim. As soon as you click on this option, a section will open in which you will have to enter more details.
Step 7. Here you have to provide your address and also upload some documents like scanned check and Form 15G. In this way, claim will be submitted to withdraw the balance of EPF account.
How to know PF account balance
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