PF Withdrawal Rules: Any working person in India. He has a PF account. These accounts are operated by the government organization EPFO. Every month 12% of the salary is deposited in it. This is a future saving pension scheme.
Interest is also given on this by the government. So if needed, you can also withdraw money from it. Along with this, you can also make advance claim in emergency medical cases. In which you can withdraw up to Rs 1,00,000 from PF account. Let us know what is its process.
Claim will be available only in serious medical cases
EPFO provides advance medical claim facility to employees for treatment of serious illness or medical condition. This information has been given by EPFO that you can use it only during serious life-threatening diseases.
That too when the employee or his patient has been admitted to the hospital. For this, it is mandatory for the employee or his patient to be admitted to the government public sector unit CGHS Panel Hospital. If you have admitted the patient to a private hospital. So you will be able to make a medical claim only after investigation in this regard.
You can withdraw one lakh rupees
In case of medical emergency, you can withdraw advance of up to ₹ 1,00,000 through EPFO. For this, if you are giving application on working day. So the money will come to your account the very next day. If you want, you can also send this money directly to the hospital account. You have to submit the medical slip within 45 days of the patient’s discharge from the hospital. After which your final bill will be settled with the advance amount.
How to apply?
You have to claim advance for PF online. So for that you will have to go to the official website www.epfindia.gov.in. Here you will have to go to online services after logging in. After this you will have to fill claim form 31,19,10C and 10D. After that you will have to verify your account by entering the last four numbers.
After this you will have to click on Proceed for Online Claim. After this you will have to fill advance form 31 of PF. After that you will have to enter the amount and upload the photo copy of your check or bank passbook. Then you will have to enter your address and then after clicking on Get Aadhaar OTP, you will have to enter the OTP and your claim will be made.
Also read: Does electricity bill increase if window AC is installed? This is the correct answer