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PF Withdrawal: Follow these steps to withdraw EPF money online and offline
The EPF (Employeesâ Provident Fund) is a mandatory saving scheme designed for employees that will help them after retirement
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Updated: Jul 17, 2021, 11:34 AM IST
The EPF (Employees’ Provident Fund) is a mandatory saving scheme designed for employees that will help them after retirement. This fund is also known as Provident Fund (PF). As per the EPF guidelines, the employee must contribute 12 per cent of their basic salary to this fund every month, the employer too has to contribute the same amount every month.
PF Account Withdrawal Conditions
An individual can withdraw their PF amount partially or fully depending on their needs. The individual can be retired or be unemployed for a period of more than two months. Upon which, the amount can be withdrawn pending an attestation from a gazetted office.
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