How to withdraw PF

There are many employees who are unable to withdraw their PF amount for their requirements in time due to not understanding the process of PF withdrawal. I have prepared this detailed guide to explain the step-by-step process of withdrawing PF.

Before I explain how to withdraw PF, it is good to understand the requirements regarding the PF withdrawal process. So, let’s begin.

Who can withdraw PF?

There are certain conditions to be fulfilled to enable you to withdraw PF amount partially or fully from your EPF account. All those employees who fulfill the below conditions can withdraw PF.

  1. Retirees: You can fully withdraw your PF amount only if you are retired. As per EPFO rules, the minimum retirement age has been fixed at 58 years before which you can’t claim retirement. So, if you are above 58 years of age, you can withdraw your full PF amount claiming retirement.
  2. Unemployed Persons: The EPFO allows withdrawal of PF up to 75% of the total corpus in your EPF Account for persons who are unemployed for more than one month. For example, if you have a PF Balance of Rs. 1,00,000/- in your EPF Account and you are unemployed for more than one month after losing your last job, you can withdraw Rs. 75,000/- from your EPF Account.
  3. Employees retiring within one year: For all the employees who will be retiring within one year, you can withdraw 90% of your EPF Account Balance as per EPFO Rules. For example, if you have a PF Balance of Rs. 1,00,000.00 and you will be retiring within next one year, you can withdraw Rs. 90,000.00 from your EPF Account.
  4. Employees requiring money for medical treatment of self, spouse, children and parents: The EPFO rules allows withdrawal of PF for employees having medical emergencies and need money for treatment of self, spouse, children and parents. There is no lock-in period or minimum service period required for withdrawal of PF for this purpose. The maximum PF amount that can be withdrawn for this purpose is either up to six months of his/her Basic Salary + Dearness Allowance or his/her entire contribution whichever is lower.
  5. Employees requiring money for marriage: Employees who need money for the marriage of self, his siblings and/or children are eligible for withdrawal of PF up to 50% of his/her share of total contribution with interest. The minimum service period with PF contribution of 7 years is required to avail this option. You can withdraw up to 3 times for this purpose from your EPF Account whenever required.
  6. Employees requiring money for education: Employees who need money for education of their children can withdraw PF up to 50% of his/her share of total contribution with interest. The minimum service period with PF contribution of 7 years is required to avail this option. You can withdraw up to 3 times for this purpose from your EPF Account whenever required.
  7. Employees requiring money for construction / purchase of a house: If you have planned to purchase or construct a new house, you can withdraw PF up to 36 months of Basic Salary + Dearness Allowance or 90% of EPF Balance or total cost of the house whichever is lower. The minimum service period with PF contribution of 5 years is required to avail this option. The withdrawal for this purpose is allowed only once by EPFO.
  8. Employees requiring money for purchase of plot for housing: EPFO allows withdrawal from your EPF balance for purchase of plot to build house. The maximum eligible amount for the same is 24 months of Basic Salary + Dearness Allowance or 90% of EPF Balance or total cost of the house whichever is lower. The minimum service period with PF contribution of 5 years is required to avail this option. The withdrawal for this purpose is allowed only once by EPFO.
  9. Employees requiring money for renovation of house: If you want to renovate your house and need funds, you can withdraw from your EPF balance. The maximum eligible amount for the same is 12 months of Basic Salary + Dearness Allowance or your share of total contribution with interest in your EPF Account or total cost of renovation of house whichever is lower. The employee should have a service period of 5 years from completion of house construction to be eligible for this option. The withdrawal for this purpose is allowed only once by EPFO.
  10. Employees requiring money for repayment of home loan: You can also withdraw PF partially for repayment of your housing loan. The maximum eligible amount for the same is 36 months of Basic Salary + Dearness Allowance or 90% of the EPF Balance or total outstanding loan repayment amount whichever is lower. The minimum service period with PF contribution of 10 years is required to avail this option. The withdrawal for this purpose is allowed only once by EPFO.
Sr. No.Reason for WithdrawalMaximum Withdrawal LimitMinimum Service PeriodEligible Beneficiaries
1RetirementTotal Accumulated BalanceAt the age of 58 yearsSelf
2Unemployment75% of the Accumulated BalanceNot ApplicableSelf
3Retiring within one year90% of the Accumulated BalanceAt the age of 57 yearsSelf
4Medical EmergencyUp to six months of his/her Basic Salary + Dearness Allowance OR his/her entire contribution whichever is lowerNot ApplicableSelf/Spouse/Children/Parents
5MarriageUp to 50% of your share of total contribution with interest7 yearsSelf/Son/Daughter/Brother/Sister
6EducationUp to 50% of your share of total contribution with interest7 yearsSelf/Son/Daughter
7Construction / Purchase of HouseUp to 36 months of Basic Salary + Dearness Allowance OR 90% of EPF Balance OR total cost of the house whichever is lower5 yearsSelf/Spouse/Jointly
8Purchase of Plot for HousingUp to 24 months of Basic Salary + Dearness Allowance OR 90% of EPF Balance OR total cost of the house whichever is lower5 yearsSelf/Spouse/Jointly
9Renovation of HouseUpto 12 months of Basic Salary + Dearness Allowance OR your share of total contribution with interest in your EPF Account OR total cost of renovation of house whichever is lower5 yearsSelf/Spouse/Jointly
10Repayment of Home LoanUp to 36 months of Basic Salary + Dearness Allowance OR 90% of the EPF Balance OR total outstanding loan repayment amount whichever is lower10 yearsSelf/Spouse/Jointly

How to withdraw PF online

The easiest way to withdraw your PF amount is by claiming your PF amount online.

Since the complete process of online PF withdrawal is based on UAN Number, you should ensure that you have activated the UAN Number and the mobile number linked to the UAN Number is in active condition. You should also ensure that KYC linked to your UAN Number is updated with Aadhaar Number, PAN Number and your Bank Details with IFSC Code.

Let’s understand the process of withdrawing PF online step-by-step:

Step 1: Open the UAN Portal on your browser by entering the given URL in your browser: https://unifiedportal-mem.epfindia.gov.in/memberinterface/

Step 2: Enter your UAN Number, Password and Captcha to log in to the UAN Portal.

unifiedportal-login

Step 3: After logging in, click on “Manage” from the Navigation Menu in the UAN portal and select “KYC” from the drop-down. Check your KYC details to make sure that your Aadhaar Number, Name on Aadhaar Card, PAN Number, Name on PAN Card, Bank Account Number, Bank IFSC Code, Name in Bank Account, Name of Bank, Date of Birth and other personal details are fully correct and verified without any mistake. If there is any mismatch in the data, it is important to correct it through your employer before proceeding with the withdrawal process.

EPF-KYC

Step 4: After verifying the KYC details, click on “Online Services” from the Navigation Menu and select Claim (Form-31, 19 & 10C)’ from the drop-down. The Claim Screen will now appear and it will show employee’s Member Details, KYC Details and Service Details. You will be required to enter the last 4 digits of your Bank Account in KYC details section and click on “Verify” button. After verifying the bank account, click on “Yes” to agree to the Certificate of Undertaking. Now, you will have to click on “Proceed for Online Claim”.

Member Details

Step 5: The Online Claim Form is now open and in the “I want to Apply for” field, you have to select the appropriate claim type, i.e. Full EPF Settlement OR EPF Partwithdrawal (Loan/Advance) OR Pension Withdrawal. Select the appropriate option and if you have selected PF Advance(Form 31), you will also be required to provide the purpose of withdrawal, amount required and the address of the employee.

New form

Step 6: Now, you have to click on the Certificate and submit your claim.

Depending on the type of your claim, you might be required to attached scanned documents to complete the claim process. Once you have successfully filed your claim, you will have to get your claim approved by your employer before EPFO can process your claim. After completing all the required process, it will take around 2-3 weeks for the claimed amount to get credited in your Bank Account.

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