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PF Withdrawal – Withdraw PF Online EPF Withdrawal Process

Updated on :  

08 min read.

Employees’ Provident Fund (EPF), also referred to as PF (Provident Fund), is a mandatory savings cum retirement scheme for employees of an eligible organisation. The employees can fall back on the corpus of this fund in their retired life.

As per the EPF rules, the employees must contribute 12% of their basic pay every month to this fund. The employer contributes a matching amount to the employee’s PF account. The amount deposited in EPF accounts earns interest on an annual basis.

Employees can withdraw the entire sum accumulated in their EPF once they retire. However, this article explains that one can make premature withdrawals from the EPF account after meeting certain conditions.

Latest Updates

PF interest rates update
The interest rate applicable to the EPF contributions is 8.5% for FY 2020-21.

Union Budget 2021 Outcome
If the contribution to Employees’ Provident Fund (EPF) and Voluntary Provident Fund (VPF) exceeds Rs 2.5 lakh in a financial year, the interest accrued on such excess contribution shall be taxable.
In the case of government employees, the threshold limit is Rs 5 lakh.

Union Budget 2021 Outcome
In case the employee’s PF contribution was deducted but not deposited by the employer, it will not be allowed as a deduction for the employer.

Pradhan Mantri Garib Kalyan Yojana
Due to the COVID-19 pandemic, the Government of India has announced a scheme called Pradhan Mantri Garib Kalyan Yojana (PMGKY), under which the employer and employee will receive contributions to the EPF account of employees for three months from March 2020, April 2020 and May 2020. The benefit is for establishments with up to 100 employees and where 90% of those employees draw a salary of less than Rs 15,000 per month. The contribution to EPF is reduced to 10% from 12% for non-government organisations. The scheme is further extended to June 2020, July 2020 and August 2020.

When Can You Withdraw EPF?

One may choose to withdraw EPF entirely or partially. 

Complete Withdrawal

EPF can be withdrawn entirely under any of the following circumstances:

  • When an individual retires
  • When an individual remains unemployed for more than two months. To make a withdrawal on this circumstance, the individuals must get an attestation from a gazetted office.

Individuals cannot make a complete withdrawal of EPF balance while switching employers if they don’t remain unemployed for two months or more (i.e. the interim period between changing jobs). 

Partial Withdrawal

Partial withdrawal of EPF balance can be made only under certain circumstances. They are explained in the table below.

Sl. No. Particulars of reasons for withdrawalLimit for withdrawalNo. of years of service requiredOther conditions
1Medical purposesLower of below:

i. Six times the monthly basic salary, or

ii. The total employee’s share plus interest,
No criteriaMedical treatment of self, spouse, children, or parents
2MarriageUp to 50% of employee’s share of contribution to EPF7 yearsFor the marriage of self, son/daughter, and brother/sister
3EducationUp to 50% of employee’s share of contribution to EPF7 yearsEither for account holder’s education or child’s education (post matriculation)
4Purchase of land or purchase/construction of a houseFor land – Up to 24 times of monthly basic salary plus dearness allowance.

For house – Up to 36 times of monthly basic salary plus dearness allowance,

The above limits are restricted to the total cost.
5 yearsi. The asset, i.e. land or the house, should be in the employee’s name or jointly with the spouse.

ii. It can be withdrawn just once for this purpose during the entire service.

iii. The construction should begin within 6 months and must be completed within 12 months from the last withdrawn instalment.
5Home loan repaymentLeast of below: 

i. Up to 36 times of monthly basic salary plus dearness allowance, or

ii. Total corpus consisting of employer and employee’s contribution with interest, or

iii. Total outstanding principal and interest on housing loan
10 years >i. The property should be registered in the name of the employee or spouse or jointly with the spouse.

ii. Withdrawal permitted subject to furnishing of requisite documents as stated by the EPFO relating to the housing loan availed.

iii. The accumulation in the member’s PF account (or together with the spouse), including the interest, has to be more than Rs 20,000.
6House renovationLeast of the below:

i. Up to 12 times the monthly wages and dearness allowance, or

ii. Employees contribution with interest, or Total cost.
5 years i. The property should be registered in the name of the employee or spouse or jointly held with the spouse

ii. The facility can be availed twice:
a. After 5 years of the completion of the house,
b. After the 10 years of the completion of the house
7Partial withdrawal before retirementUp to 90% of accumulated balance with interestOnce the employee reaches 54 years and withdrawal should be before one year of retirement/superannuation (retirement fund for employees by the company) 

Here, it would be relevant to mention that the Employees’ Provident Fund Organisation has allocated UAN, i.e. the Universal Account Number compulsory for all the employees covered under the PF Act. The UAN would be linked to the employee’s EPF account. The UAN remains portable throughout an employee’s lifetime, and there is no need to apply for EPF transfer at the time of changing jobs.

Procedure for EPF Withdrawal

Broadly, the withdrawal of EPF can be made either by submitting:

  1. Physical application
  2. Online application

Physical Application

Download the new Composite Claim Form (Aadhaar)/Composite Claim Form (non-Aadhaar) to withdraw the EPF balance.

Composite Claim Form (Aadhaar)

  1. Use the Composite Claim Form (Aadhaar) if you have seeded your Aadhaar number and bank account details on the UAN portal and if your UAN is activated.
  2. Fill and submit the form to the respective jurisdictional EPFO office without the attestation of the employer.

Composite Claim Form (Non-Aadhaar)

  1. You can use the Composite Claim Form (Non-Aadhaar) if the Aadhaar number is not seeded on the UAN portal.
  2. Fill and submit the form with the employer’s attestation to the respective jurisdictional EPFO office.

One may also note that in case of partial withdrawal of EPF amount by an employee for various circumstances as discussed in the above table, very recently, the requirement to furnish various certificates has been alleviated, and the option of self-certification has been introduced for the EPF subscribers. (For details, you can refer to order dated 20.02.2017 of the EPFO)

Online Application

The EPFO has come up with an online withdrawal facility, which has made the entire process more comfortable and less time-consuming.

Prerequisites

To apply for the withdrawal of EPF online through the EPF portal, make sure that the following conditions are met:

  1. The Universal Account Number (UAN) is activated, and the mobile number used for activating the UAN is in working condition.
  2. The UAN is linked with your KYC, i.e. Aadhaar, PAN, bank details, and the IFSC code.

If the above conditions are met, there is no need for the previous employer to attest to your withdrawal application.

Steps to Apply For EPF Withdrawal Online on UAN Portal

Step 1: Visit the UAN portal.

Step 2: Log in with your UAN and password. Enter the captcha.

UAN Login

Step 3: Click on the ‘Manage’ tab and select ‘KYC’ to check whether your KYC details such as Aadhaar, PAN and bank details are verified or not.

PF KYC

Step 4: Once the KYC details are verified, go to the ‘Online Services’ tab and select the option ‘Claim (Form-31, 19 & 10C)’ from the drop-down menu.

EPF Withdrawal - Claim Form

Step 5: The following screen will display the member details, KYC details and other service details. Enter your bank account number and click on ‘Verify’.

Verify bank account number

Step 6: Click on ‘Yes’ to sign the certificate of the undertaking and then proceed.

Certificate of undertaking

Step 7: Now, click on ‘Proceed for Online Claim’.

Step 8: In the claim form, select the claim you require, i.e. full EPF settlement, EPF part withdrawal (loan/advance) or pension withdrawal, under the tab ‘I Want To Apply For’. If the member is not eligible for any of the services like PF withdrawal or pension withdrawal due to the service criteria, that option will not be shown in the drop-down menu.

Step 9: Then, select ‘PF Advance (Form 31)’ to withdraw your fund. Further, provide the purpose of such advance, the amount required and the employee’s address.

Step 10: Click on the certificate and submit your application. You may be asked to submit scanned documents for the purpose you have filled the form. The employer will have to approve the withdrawal request, and then only you will receive money in your bank account. It usually takes 15-20 days to get the money credited to the bank account.

EPF-Withdrawal

How to Apply for Home Loan Based on EPF Accumulation?


You can borrow up to 36 times your last monthly contribution to purchase a home. If you are purchasing land, you can borrow up to 24 times your last monthly contribution. You must be in service for five consecutive years to avail of the loan.

You can follow the procedure given below to apply for a home loan based on your EPF account balance:-

Apply for a home loan through the housing society and send the application to the EPF Commissioner in the format specified in Annexure 1. The EPF Commissioner will issue a certificate stating the monthly contribution to your EPF account over the last three months. 
Alternatively, you can take a printed copy of your EPF passbook to show the last three months’ contribution and submit it to the housing society to get an estimate of the loan amount you can get from the EPF balance.

You can follow the steps below to apply for a home loan through the UAN member portal:-

Step 1: Log in to the UAN Member e-Sewa portal.
Step 2: Select the ‘Online Services’ tab and click on the ‘Claim (Form-31, 19 & 10C)’ option.
Step 3: Member details will be displayed. Enter your bank account number registered with EPF and click ‘Verify’.
Step 4: Select ‘Yes’ to sign the certificate. 
Step 5: Select the ‘Proceed for Online Claim’ option and provide the reason for requesting an advance next to ‘I Want to Apply For’. The corresponding options will only be displayed if you are eligible from the years of service perspective. 
Step 6: Select ‘PF Advance (Form 31)’ to withdraw your funds as an advance or loan. Also, enter the amount you would like to avail of and the employee’s address. 
Step 7: Click on the certificate and apply. If prompted, you may be required to upload relevant documents.
Step 8: EPFO processes your application. On approval, EPFO makes the payment to the housing society directly.

Frequently Asked Questions

Are EPF contributions eligible for tax deductions? 

Yes, EPF contributions are tax-deductible under Section 80C of the Income Tax Act, 1961.

Can I increase my EPF contributions?

Yes, you can increase your EPF contributions and contribute up to 100% of your basic pay. Such contribution goes to Voluntary Provident Fund (VPF) account.

Will the employer also contribute higher when I do?

No, the employer’s contribution will remain the bare minimum regardless of you opting for VPF.

Do I need the employer’s permission to withdraw the amount from EPF?

As per new amendments in the EPF norms, you can withdraw the EPF account without the employer’s permission.

Can I make premature withdrawals?

Yes, on meeting certain conditions, you can make premature withdrawals by producing documentary evidence.

What happens to my EPF account once I quit my job or switch jobs?

Once you quit the job or leave a company and join elsewhere, the EPF account will no longer receive monthly contributions. However, it does not mean that the account will become inactive.
The new employer will create a new EPF account for you when you join another company under the same UAN. You can then request EPFO to merge the previous EPF account with the new one.
In case you do not join a new employer, an additional grace period of three years will be provided for you from your last contribution to withdraw your EPF balance in full. If you fail to do so, your EPF account will be declared inactive. You may have to go through complex procedures to get access to this money.

Related Articles

PF Claim Status-Check Online
PF Balance Check
PF Transfer- Online Form and Procedure
Online PF Payment
on EPF Withdrawal
Employee Provident Fund Organisation

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