PF withdrawl from EPFO account
This query is : Resolved
mangesh kurup
(Querist)
15 August 2020
Need expert help regarding the matter.
I completed 5 years with a company and joined new company. Got the PF transferred to new firm. My question is:
1) Can I partially withdraw the PF amount for renovation work?
2) Will it be or shall be treated as PF loan and has to be repaid?
3) What is modus operandi for the same.
Any help will be greatly appreciated. Waiting for responses from the experts.
I completed 5 years with a company and joined new company. Got the PF transferred to new firm. My question is:
1) Can I partially withdraw the PF amount for renovation work?
2) Will it be or shall be treated as PF loan and has to be repaid?
3) What is modus operandi for the same.
Any help will be greatly appreciated. Waiting for responses from the experts.
CA R SEETHARAMAN
(Expert)
16 August 2020
1 yes, you can withdraw.
2 and 3 withdraw under non repayable withdrawal.
Contact your HR manager he will guide you.
2 and 3 withdraw under non repayable withdrawal.
Contact your HR manager he will guide you.
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