EPFO Alert: There is always some change from the Employees Provident Fund Organization (EPFO). Many rules have been made for the convenience of the customers. You can withdraw money for work like building a house, marriage, treatment. At the same time, strict action can be taken for withdrawing money by giving wrong information. Know what the rules of EPFO say
EPFO Alert: Almost all employees working in India have a PF (Provident Fund) account. This account works like a savings account, in which employees deposit 12 percent of their salary. The company also contributes the same amount. You also get interest on the amount deposited in this account. You can also withdraw this amount if needed. EPFO has provided many easy online facilities to withdraw money. If you withdraw money by giving wrong information, action can be taken against you.
According to the new rules of EPF, employees will now be able to withdraw up to 90 percent of the amount from their PF to buy their first house. This includes down payment, building a new house or paying home loan EMI. Earlier, to withdraw money in this way, members had to work continuously for five years.
According to the new rule, members can withdraw money only after three years of opening their EPF account. Members can use this PF advance withdrawal option only once in their lifetime. These changes have been made under Para 68-BD of EPF Scheme 1952.
Withdrawing money by giving wrong information will prove costly
The Employees Provident Fund Organization (EPFO) has shared a post on the social media platform X. In which it is said that PF money should be withdrawn only for valid reasons such as marriage, education, treatment or house construction. If a person withdraws money citing wrong reasons, then recovery action can be taken against him by EPFO. Giving an example, EPFO said that if you withdraw money in the name of treatment. After this, you are buying a new mobile with that money, then it is wrong. In such a case, that money can be recovered.
ईपीएफ की राशि का उपयोग केवल उचित और निर्धारित उद्देश्यों जैसे शादी, शिक्षा, इलाज या घर निर्माण के लिए ही किया जाना चाहिए।
गलत कारण देकर निकासी करना नियमों के विरुद्ध है और ऐसा करने पर आपसे रिकवरी भी की जा सकती है।
अपनी भविष्य की सुरक्षा के लिए ईपीएफ को सोच-समझकर इस्तेमाल करें।… pic.twitter.com/fisiwqCSEn— EPFO (@socialepfo) July 19, 2025
Know how much money is deposited
The job of EPFO is to take care of the PF of employees working in the private sector. Under EPF, an employee deposits 12% of his basic salary and dearness allowance every month. The company also deposits the same amount. Of the money deposited by the company, 8.33% goes to the Employee Pension Scheme (EPS) and the remaining 3.67% goes to EPF. Currently the interest rate on EPF is 8.25% per annum.
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