In a major relief to over 7 crore subscribers, the Employees' Provident Fund Organisation (EPFO) has liberalised its partial withdrawal rules, now allowing up to 100% withdrawal from EPF accounts under simplified provisions.

The Central Board of Trustees, chaired by Labour Minister Mansukh Mandaviya, has merged 13 existing rules into three broad categories—Essential Needs, Housing Needs, and Special Circumstances.

Members can now withdraw for education up to 10 times and for marriage up to 5 times, with the minimum service requirement reduced to just 12 months.

A 25% minimum balance rule will ensure members continue earning interest (currently 8.25% p.a.) on a portion of their funds. Claim processes have been simplified for auto-settlement, with no documentation needed in most cases.

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