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Withdrawal can be made 1 year before retirement when Subscriber’s age is above 54 years. 90% of the Total share can be withdrawn and one can apply through Composite Claim Form (CCF) along with retirement age certificate.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

      All the opinions/suggestions/views expressed on this blog are just for sharing information. Readers are requested to consult their respective financial advisers and experts before taking any decision. Views shared through post or comments are personal opinion meant for reference of the readers. These should not be considered as Investment Advice or Legal Opinion. The Blog or the Author does not take any responsibility regarding any such action taken by any Individual.
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