Big news for central government employees. Now the money withdrawal system is very easy from PPF. Yes, you’ve heard it right. Good funds can be deposited under the EPF Scheme run by the Employees Provident Fund Organization (EPFO). The benefit of this fund is available as a pension after retirement. However, this fund is also very useful in emergencies. Yes, a partial withdrawal facility is available in EPF. Partial withdrawals are allowed only in certain situations. In such a situation, we will tell you below in which situation you can make a partial withdrawal and what is the process of withdrawing money from the PF account.
In what situation can you withdraw the amount?
1. Withdrawal can also be done if emergency treatment is required.
2. You can also withdraw money from PF funds for children’s education.
3. If you or your siblings or son-daughter are married, you can still withdraw money from the PF account.
4. You can also withdraw money from the fund for buying a house or for home repair work.
5. Process to withdraw money from PF account
6. There are two ways to withdraw money from your PF account. You can withdraw money through EPFO’s official website and Umang App.
How to apply in the EPFO portal
1. First of all, log in to the EPFO portal with the help of your UAN and password.
2. Now go to the online service and select the claim and click on auto-mode settlement.
3. After this, verify your bank account and upload the passbook or check of the account.
4. Now tell the reason for withdrawing money and submit.
HOW TO WITHDRAW MONEY FROM UMANG APP?
1. Register in the Umang App through your Aadhaar number or mobile number.
2. Now select the option of “EPFO” service.
3. After this, log in to the EPFO service through an Aadhaar number or mobile number.
4. Now fill out the OTP on the registered mobile number.
5. Now go to the option of “PF Withdrawal” and click on “Claim Form.”.
6. After this, fill in all the necessary details and submit it.
7. Now enter the OTP that came again on the mobile number.
In how many days will the money come?
After requesting the withdrawal of money from the PF account, money comes into the bank account within about 7 to 10 working days. If the money does not come in this number of days, then you can contact the helpline number 1800-180-1425.