These 7 crore PF subscribers are now being given a big gift by the Employees Provident Fund Organization. Any PF account holder had to withdraw money first. So it took a lot of time for that. But now after the new rules of EPFO, money can be withdrawn only through ATM card. All PF account holders are expected to get this facility in the month of January next year. At present, after the PF claim, it takes 7 to 10 days to withdraw money from the PF account, but with…
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Do those who withdraw money from PF also get pension on retirement know the rules
Employees’ Provident Fund Organisation: Has this question ever come to your mind that those who withdraw money from PF also get pension after retirement? If you are withdrawing money from PF, will you get pension after retirement? What are the rules related to this? Actually, the answer to this question is yes… Even if you are withdrawing money from PF, the employees coming under the purview of Employees Provident Fund Organization (EPFO) get pension on retirement. However, for this the employee has to work for at least 10 years. If…
Read MoreFrom which month will PF money be withdrawn from ATM Know how to link to bank account
How To Withdraw PF Money From ATM: Do you know that you can withdraw EPFO money from ATM? Actually, under EPFO 3.0 scheme, employees will be able to withdraw Provident Fund (PF) money from ATM, but the question is when will this scheme be implemented? EPFO 3.0 scheme can be implemented by May-June 2025. After this you will be able to withdraw EPFO money from ATM. Earlier, employees had to apply for partial withdrawal, but after the implementation of EPFO 3.0 scheme, they will be able to withdraw EPFO money…
Read Morefull pf amount withdrawal know when you can withdraw full pf what is the process
Full PF Withdrawal: All the employed people in India must have a PF account. PF account is a good saving plan for the future. Every month both the employee and the employer contribute to the PF account. The PF account is operated by the Employees Provident Fund Organization i.e. EPFO. The government also gives a good amount of interest on the PF account. PF account is not only for the future but also whenever you need money in the present, you can withdraw money from it. Many people have a…
Read Morepf death claim if account a person dies than who will get the amount of pf know the rules and procedure
PF Death Claim: All the employed people in India have a PF account. The PF account run by the Employees’ Provident Fund Organization (EPFO) is a good savings plan for the future. In which both the employee and the employer contribute. 12 percent of the salary is deposited in the account. The government also gives a good amount of interest on PF accounts. The best thing about a PF account is that if needed, the PF account holder can withdraw money from his PF account anytime. Money can be withdrawn…
Read MorePF or PPF which gives more interest Know what is the difference between these two
PPF PF Interest Rate: Savings is an important part of people’s lives. Therefore, while working, people invest in such schemes which can prove to be good for them in future. For this, people also invest in government savings schemes. One such savings scheme is PPF which is popularly called Public Provident Fund. The government started this savings scheme in the year 1968. Any Indian can invest. There is often a little confusion in people’s minds regarding PPF and PF. Which of these gives better returns? So let us know what…
Read MoreHow many times can you withdraw PF in a year, know these rules otherwise the money will get stuck.
How many times can you withdraw the money deposited in PF i.e. Provident Fund in a year? The government provides the facility to open provident fund accounts for employed people. 12% of the employee’s salary is deposited in these accounts every month. Additionally, the same amount of money is also deposited into the employee’s account by the company. The government pays interest on this entire amount. Due to this, after a time, a huge amount comes to the employee. But can money be withdrawn from the PF account at any…
Read MoreEPFO Alert Do Not Share Your Personal Epfo Information Of Epf To Prevent Cyber Fraud
Employees Provident Fund Organisation: Employees Provident Fund Organization (EPFO) has crores of account holders across the country. A part of the salary of every employed person is deposited in the account of the account holder. When that person retires, the account holder gets all the money deposited in the EPFO account. Apart from this, if you have needed money in case of emergency like illness, children’s education or marriage, then you can use this money. In such a situation, the money deposited in the EPFO account is considered as the…
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