PF Withdrawal Rule: Account holders can withdraw advance from PA for the marriage of themselves or their family members. Family members include sons and daughters as well as brothers and sisters.
How to Withdraw PF Fund: Account holders can withdraw advance from PA for the marriage of themselves or their family members. Family members include sons and daughters as well as brothers and sisters. That is, advance money can be withdrawn from the PF account for the marriage of brother and sister. Now it comes to how much money you can withdraw. You should know that you can withdraw 50% of the amount deposited in the PF account for marriage.
Employed people invest in Employees Provident Fund (PF account) as savings. On which they are given interest by the government. A part of the salary is invested in this. This year the government has increased the PF rates. Account holders (EPF member) will get interest at an interest rate of 8.15 percent. In its first year 2021-22, the interest was reduced, which was 8.1 percent. Do you know that PF account holders can withdraw money from their account as and when required. If you want, you can withdraw money from PF account for your or your children’s marriage.
It is necessary to fulfill this condition
- You can withdraw fifty percent amount from PF account only when your account has completed seven years.
- The amount can be withdrawn only three times from the PF account for education and marriage.
- To withdraw money, your UAN number should be active.
- It is necessary to link PF account with your Aadhaar card.
- You can also apply online to withdraw money from PF account.
- You can withdraw money in just 72 hours through an easy online process.
Check your pf balance like this
- First of all you have to go to the official website epfindia.gov.in.
- Now go to the e-passbook option.
- Now UAN number, password and captcha code have to be entered.
- Through Membership ID, you can see the passbook. It can also be downloaded.
