New Delhi: In the time of coronavirus, the government has started a new service in view of the sudden need for money of the people. Now you can withdraw one lakh rupees from your Employees Provident Fund (EPF) from the Advance PF balance. You can withdraw this money in case of any kind of medical emergency. You have to show the cost to take advantage of this service.
On June 1, EPFO issued a circular stating that employees can be withdrawn for a medical advance up to Rs 1 lakh. Apart from coronavirus, money can be withdrawn from PF on admission to the hospital in an emergency also in other diseases.
This change is different from the service with medical advances.
Earlier, EPFO can withdraw money from EPF at the time of medical emergency. You used to get this after depositing the medical bill but this medical advance is different from the earlier service. You do not have to pay any bills for this. All you have to do is apply and the money will be transferred to your account.
You can withdraw money like this
- On the home page of www.epfindia.gov.in website, under the COVID-19 tab, in the upper right corner, advance claim can be taken.
- https://unifiedportalmem.epfindia.gov.in/memberinterface
- Go to Online Services >> Claim (Form-31,19,10C & 10D)
- Enter and verify the last 4 digits of your bank account
- Click on Proceed for Online Claim
- Select PF Advance from the drop down (Form 31)
- Choose your reason. Enter required amount and upload scan copy of check and enter your address
- Click on Get Aadhaar OTP and type OTP received on Aadhaar linked mobile
- Your claim has been filed.
In view of the Corona period, the government has started many schemes. Accordingly, this facility has also been started. If you are in dire need of money then you can take advantage of this service. However, unless it is very important, one should avoid withdrawing PF money.
