New Delhi. If you also suddenly need money? So now you will not need to ask anyone else for help. Yes… now you will not have to spread your hands in front of anyone due to the new PF rule. Actually, the Modi government has changed the rules of Provident Fund in view of the sudden financial emergency of the people in the Corona time.
After the new rule, the PF account holder will not have to wait for 3 to 7 days to withdraw money. Now PF money will come in your account in an hour. The government has changed the rules so that, in times of emergency, your money can be useful to you.
1 lakh can be withdrawn in 1 hour
Now you can withdraw Rs 1 lakh from your Employees Provident Fund (EPF) from Advance PF balance. You can withdraw this money in case of any kind of medical emergency. To take advantage of this service, you just have to show the cost that you are withdrawing money due to emergency.
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Earlier, EPFO can withdraw money from EPF at the time of medical emergency. You used to get this after depositing the medical bill but this medical advance is different from the earlier service. You do not have to pay any bills in this. All you have to do is apply and the money will be transferred to your account.
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Learn how to withdraw money?
First of all you have to go to www.epfindia.gov.in website. Here you can take advance claim online in the top right corner under the COVID-19 tab on the home page- https://unifiedportalmem.epfindia.gov.in/memberinterface
– Go to Online Services >> Claim (Form-31,19,10C & 10D)
Enter and verify the last 4 digits of your bank account
Click on Proceed for Online Claim.
Select PF Advance from the drop down (Form 31)
– Choose your reason. Enter the required amount and upload the scanned copy of the check and enter your address.
Click on Get Aadhaar OTP and type OTP received on Aadhaar linked mobile.
Your claim has been filed.
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