Previously, only three withdrawals were allowed for education and marriage, but now 10 withdrawals can be made.
New Delhi: You can now withdraw your entire EPF account. The Employees’ Provident Fund Organization (EPFO) announced this at a meeting of its Central Board of Trustees (CBT) on Monday, October 13. Several significant decisions were taken at the meeting, chaired by Union Labor Minister Mansukh Mandaviya. These decisions will make it easier for salaried individuals to withdraw their EPF funds.
Major decisions taken at the EPFO meeting
100% withdrawal facility now available: The EPFO has eliminated 13 previously cumbersome rules and now allows partial withdrawals in only three categories: essential needs (illness, education, marriage), housing needs (house-related expenses), an