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Withdrawals And Advances Under EPF

Sunday, March 26th, 2017 Amritesh no responses

Employees Provident Fund

Subscribers to Employees’ Provident Fund are eligible for Withdrawals and Advances subject to certain conditions relating to service and purpose for availing it. New Composite Claim Form (CCF) has been issued for the same along with relaxation in the document requirements for the withdrawal.

Please refer to the form shared below.

EPF Composite Claim Form, Provident Fund Claim Form

Withdrawal and Advances are available to the Employees’ for the following Purposes:-



Purchase or Construction of Dwelling House

Repayment of Housing Loan

Addition/Alteration of House

Repair of House


Withdrawal Prior Retirement

Other Advances

For Marriage/Education

Employees Provident Fund Advances For Marriage And Education

Medical Treatment

Medical Advances Under Provident Fund

Purchase or Construction of Dwelling House

EPF Advances for Purchase of House

Repayment of Housing Loan

EPF Loan for House Loan Repayment

For Purchase of Site/Plot

Advances for Purchasing Plot

Addition/Repair/Alteration of House

Advances for Addition/Repair/Alteration


If the company is closed for more than 15 days and wages have not been paid for last 2 months then Advance equivalent to wages multiplied by no of months the firm is closed can be availed. Application through Composite Claim Form (CCF).

Withdrawal Prior Retirement

Withdrawal can be made 1 year before retirement when Subscriber’s age is above 54 years. 90% of the Total share can be withdrawn and one can apply through Composite Claim Form (CCF) along with retirement age certificate.

Other Advances

Some advances are also admissible in case of Power Supply Cut and upto 50% in case of any Natural Calamities. In case of latter application through Composite Claim Form (CCF) should be made within 4 months.

Important Points

The amount allowed as advance/withdrawal is not required to be refunded under normal circumstances. If the amount is not used, the same should be refunded with penal interest. A minimum balance in the account is kept before arriving at the amount of advance admissible subject to the above conditions.

You can also read about Employees’ Provident Fund in the Link provided below:-

Employees’ Provident Fund Scheme: Composite Claim Forms For Fund Withdrawal (CCF)

Universal Account Number (UAN): Guidelines for Subscribers

Employee Deposit Linked Insurance Scheme (Amended)

Employees’ Provident Fund Scheme

Employee State Insurance (ESI)

Employees’ Pension Scheme (Series-1)

Employees’ Provident Fund (EPF) Reforms: Online PF Withdrawal/Settlement

Amritesh is an experienced professional in the field of HR, Finance and Compliance. He is currently working in the IT Industry with an US based firm. He took up Blogging as a hobby which eventually turned into passion. He primarily focuses on topics related to Personal Finance, HR, Compliance and Technology.
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