The Employees’ Provident Fund Organization (EPFO) has allowed its members to withdraw advance from the Employees’ Provident Fund (EPF) account for the second time. That is, now PF account holders can withdraw Kovid Advance for the second time as well.
New Delhi: EPFO Covid19 advance: Corona cases are increasing rapidly once again across the country. In such a situation, the concern of the people has increased again. If you work somewhere and you have PF account, then this news is for you only. Now you can withdraw advance from your PF account for the second time. The Employees’ Provident Fund Organization (EPFO) has allowed its members to withdraw advance from the Employees’ Provident Fund (EPF) account for the second time.
Can get so much help
Now PF account holders can withdraw 3 months basic salary (Basic Salary + Dearness Allowance ie DA) or up to 75% of the amount deposited in their PF account (whichever is less). During the Kovid-19 epidemic, EPF members, especially those whose monthly salary is less than Rs 15,000, have got a big help.
How to withdraw advance from PF account?
If EPFO account holders want to take advantage of the advance facility, then they can claim through the EPFO website. Apart from this, you can also apply for advance amount from PF account through UMANG App.
KYC required
You must have an active Universal Account Number (UAN) to withdraw money from EPF account online. Apart from this, the mobile number linked with Aadhaar should be active. Aadhaar, PAN and other bank details must be verified.
Follow this process
- Login to the member interface of EPFO’s unified website https://unifiedportalmem.epfindia.gov.in/memberinterface .
- After this, going to the Online Services option, click on Claim (Form-31,19,10C, 10D).
- Enter the last 4 digits of your bank account and verify it.
- After this click on Proceed for Online Claim.
- Now select Outbreak of Pandemic (Kovid-19) and enter the required amount.
- Upload the scanned copy of the bank account check.
- Click on Get Aadhaar OTP and enter the OTP.
- After this your claim will be submitted and money will be credited in your bank account within 3 days.
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