Partially Withdrawal of Employee Provident Fund before retirement.
This query is : Resolved
13 December 2021
Respected Sir
Can Employee withdraw partially from his Employee Provident Fund's Account?
on the following condition.
1)Employee's two years service is remaining as on today.
2) the purpose of withdrawal of Provident Fund is marriage of her daughter.
3) Amount to be withdrawn is Rs.3,00,000=00 (Rupee Three Lakhs only)
Please note that employee wants to withdraw from his provident fund's a/c and need not wants loan.
Please guide me.
Can Employee withdraw partially from his Employee Provident Fund's Account?
on the following condition.
1)Employee's two years service is remaining as on today.
2) the purpose of withdrawal of Provident Fund is marriage of her daughter.
3) Amount to be withdrawn is Rs.3,00,000=00 (Rupee Three Lakhs only)
Please note that employee wants to withdraw from his provident fund's a/c and need not wants loan.
Please guide me.
13 December 2021
EPFO allows withdrawal of 90% of the EPF corpus 1 year before retirement, provided the person is not less than 54 years old.
Withdrawal for daughter's marriage allowed considering it as loan.
Withdrawal for daughter's marriage allowed considering it as loan.
13 December 2021
If employee's age is 55.5 years and she is going to retire in 2025. Can she is withdraw 3 lakhs from Her employee provident fund?
13 December 2021
If employee's age is 55.5 years and she is going to retire in 2025. Can she is withdraw 3 lakhs from Her employee provident fund?
14 December 2021
As a daughter's marriage loan can be taken.
Check it up with your HR department.
Check it up with your HR department.
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