Rule for withdrawal of provident fund one year before retirement

Suppose an employee wishes to withdraw their Provident Fund (PF) balance one year prior to their retirement. In that case, they must apply to the concerned Regional Provident Fund Commissioner (RPFC) with a copy of their retirement notice. The RPFC will verify the details and release the PF balance to the employee through a cheque or bank transfer. If the employee has not completed the mandatory 15 years of service, a certificate from the employer will be required to withdraw the PF balance. And there is no pre-rule for withdrawing the Pf amount. According to the Provident Fund Act of 1952, the amount of provident fund that can be withdrawn before 8 months of retirement is restricted to 36 times the monthly basic wages. However, the amount should be at most 50% of the total amount to the employee's credit in the fund.