{"id":9371,"date":"2025-06-04T02:13:50","date_gmt":"2025-06-03T20:43:50","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=9371"},"modified":"2025-06-04T02:13:51","modified_gmt":"2025-06-03T20:43:51","slug":"gpf-rules-deposit-withdrawal-advance-and-more","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/","title":{"rendered":"GPF Rules \u2013 Deposit, Withdrawal, Advance and More"},"content":{"rendered":"\n<p>Retirement is an essential phase of one\u2019s life. It should be prioritised in your financial plan right from a young age. To help you with your retirement savings goals, the government of India has introduced Provident Funds (PF). The General Provident Fund (GPF) is one of the PF accounts exclusively designed for government employees. The Department of Pension and Pensioner\u2019s Welfare takes care of it. In this article, let us learn more about GPF and the rules.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#What-is-GPF\" title=\"What is GPF?\">What is GPF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#GPF-Rules\" title=\"GPF Rules&nbsp;\">GPF Rules&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#1-Eligibility-Rules\" title=\"1. Eligibility Rules\">1. Eligibility Rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#2-GPF-Deposit-rules\" title=\"2. GPF Deposit rules&nbsp;\">2. GPF Deposit rules&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#3-GPF-Nomination-rules\" title=\"3. GPF Nomination rules\">3. GPF Nomination rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#4-Withdrawal-rules\" title=\"4. Withdrawal rules\">4. Withdrawal rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#5-GPF-Advance-rules\" title=\"5. GPF Advance rules&nbsp;\">5. GPF Advance rules&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#6-Interest-rate-rules\" title=\"6. Interest rate rules\">6. Interest rate rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#7-Taxation-rules\" title=\"7. Taxation rules\">7. Taxation rules<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#Frequently-Asked-Questions-About-GPF-Rules\" title=\"Frequently Asked Questions About GPF Rules\">Frequently Asked Questions About GPF Rules<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#1-What-is-GPF-full-form\" title=\"1. What is GPF full form?\">1. What is GPF full form?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#2-How-to-check-the-GPF-balance\" title=\"2. How to check the GPF balance?\">2. How to check the GPF balance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#3-What-are-GPF-loan-rules\" title=\"3. What are GPF loan rules?\">3. What are GPF loan rules?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#4-What-are-GPF-subscription-rules\" title=\"4. What are GPF subscription rules?\">4. What are GPF subscription rules?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.tickertape.in\/blog\/gpf-rules-deposit-withdrawal-advance-and-more\/#5-Where-can-we-get-the-GPF-withdrawal-form\" title=\"5. Where can we get the GPF withdrawal form?\">5. Where can we get the GPF withdrawal form?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What-is-GPF\"><\/span>What is GPF?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the General Provident Fund, the government employees contribute a small part of their salaries to the GPF account. They can get their accumulated funds at the time of retirement (maturity date).&nbsp;<\/p>\n\n\n\n<p>It is mandatory for the GPF subscribed employees to contribute their monthly share regularly unless there is a case of suspension. However, employees 3 months close to retirement can stop contributing.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GPF-Rules\"><\/span>GPF Rules&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has classified the General Provident Fund rules into several categories to make the processes related to GPF simple for the contributors.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-Eligibility-Rules\"><\/span>1. Eligibility Rules<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The GPF eligibility rules are as follows.&nbsp;<\/p>\n\n\n\n<ul>\n<li>All temporary government employees who have worked for a year or more are eligible.<\/li>\n\n\n\n<li>All the re-employed pensioners (except those eligible for admission to the Contributory Provident Fund) are eligible.\u00a0<\/li>\n\n\n\n<li>All permanent employees are eligible.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-GPF-Deposit-rules\"><\/span>2. GPF Deposit rules&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>These rules are about the deposit amount, frequency and maturity date:&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Maximum amount:<\/strong> The maximum contribution to the account should not exceed your total income.\u00a0\u00a0\u00a0<\/li>\n\n\n\n<li><strong>Minimum amount:<\/strong> The minimum contribution should not be less than 6% of your total income.\u00a0<\/li>\n\n\n\n<li><strong>Frequency:<\/strong> You must contribute to the account monthly unless the subscription is suspended.\u00a0\u00a0<\/li>\n\n\n\n<li><strong>Maturity date:<\/strong> The deposits mature only at your retirement or superannuation.\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-GPF-Nomination-rules\"><\/span>3. GPF Nomination rules<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>At the time of subscription to the PF account, you can add a nominee to the account who needs to be a family member. You can also add more than one nominee and declare the share of each nominee.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-Withdrawal-rules\"><\/span>4. Withdrawal rules<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The non-refundable GPF withdrawal rules are about when and how much a subscriber can withdraw the funds. The basic criterion for the non-refundable withdrawal is that you should have completed at least 15 yrs of service or within 10 yrs of the date of retirement or superannuation (whichever is earlier). The GPF withdrawal rules are as follows.&nbsp;<\/p>\n\n\n\n<ul>\n<li>You can withdraw 75% of the outstanding PF account balance to fund education or any event like marriage (yours or dependent family members).\u00a0<\/li>\n\n\n\n<li>You can withdraw 90% of the outstanding amount in the case of any medical emergency for yourself or a dependent family member. In 7 days you can receive the amount you want to withdraw.\u00a0<\/li>\n\n\n\n<li>You can withdraw 75% of the account balance to purchase a new house or land, renovate\/repair it or repay an existing home loan.\u00a0<\/li>\n\n\n\n<li>You can withdraw 75% of the balance or 3\/4th of the vehicle value (whichever is lower) to purchase a vehicle, pay off a car loan, or repair the car.\u00a0\u00a0<\/li>\n\n\n\n<li>You can withdraw 90% of the balance before 2 yrs of retirement without providing any reason.\u00a0<\/li>\n\n\n\n<li>You can withdraw funds to purchase large home appliances like air conditioners or washing machines. However, the funds must be used only to purchase the products you state on the GPF final withdrawal form.\u00a0<\/li>\n\n\n\n<li>The nominee can withdraw the outstanding amount in the event of the subscriber\u2019s death. They are also entitled to an additional amount of an average of 3 yrs PF balance preceding the event. This additional amount should not be more than Rs. 60,000. Also, as per the GPF part final withdrawal and GPF partial withdrawal rules, the nominee will be eligible for the additional fund only if the subscriber has been in service for a minimum of 5 yrs.\u00a0<\/li>\n\n\n\n<li>At the time of retirement or superannuation, the subscriber is allowed to withdraw the entire amount.\u00a0\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5-GPF-Advance-rules\"><\/span>5. GPF Advance rules&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The GPF contributors can get an advance of 3 months\u2019 pay or half the account balance (whichever is lower). The GPF temporary advance rules are as follows:&nbsp;<\/p>\n\n\n\n<ul>\n<li>You can get an advance to fund the higher education of a dependent family member or any event like a marriage.\u00a0<\/li>\n\n\n\n<li>You can get a GPF advance for medical expenses in the case of any medical emergency for yourself or a dependent family member.\u00a0<\/li>\n\n\n\n<li>You can get a GPF advance for house construction or to purchase large home appliances like TV, air conditioners or washing machines. Note that funds must be used only for the reason stated.\u00a0<\/li>\n\n\n\n<li>You can get an advance to meet the costs of legal proceedings put on or against yourself or a dependent family member.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>The advance provided should be paid back in equal instalments for up to 12-24 months. The recovery tenure can be extended to 36 months only if the advance payment is more than 3 months\u2019 pay.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-Interest-rate-rules\"><\/span>6. Interest rate rules<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>GPF interest rates are revised periodically as per government regulations. It was 7.1% per 03 June 2025.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-Taxation-rules\"><\/span>7. Taxation rules<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The monthly contributions made according to GPF contribution limits, interest rate accrued, and the returns provided from the GPF account are eligible for the tax-exemption category and GPF tax benefits under<a href=\"https:\/\/www.tickertape.in\/blog\/income-tax-deduction\/\"> Section 80C of the Income Tax Act<\/a>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently-Asked-Questions-About-GPF-Rules\"><\/span>Frequently Asked Questions About GPF Rules<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1657108938186\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"1-What-is-GPF-full-form\"><\/span><strong>1. What is GPF full form?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>GPF stands for General Provident Fund. It is a provident fund facility provided to the government employees of India.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657108946998\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"2-How-to-check-the-GPF-balance\"><\/span><strong>2. How to check the GPF balance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can check your GPF account balance by visiting the<a href=\"http:\/\/www.egpf.cag.gov.in\/index.html\" rel=\"nofollow noopener\" target=\"_blank\"> e-GPF<\/a> website and logging in to your account with details like GPF number, employee pin and series code.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657108948050\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"3-What-are-GPF-loan-rules\"><\/span><strong>3. What are GPF loan rules?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>GPF loan is also known as GPF advance for education or marriage, where the contributors can get a temporary GPF advance for marriage or education or medical expenses from their GPF account to fund essential purchases.\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657108948850\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"4-What-are-GPF-subscription-rules\"><\/span><strong>4. What are GPF subscription rules?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The GPF subscription rule is that all government employees should be contributing at least 6% of their monthly income to the GPF account.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657108950014\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"5-Where-can-we-get-the-GPF-withdrawal-form\"><\/span><strong>5. Where can we get the GPF withdrawal form?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can download the GPF withdrawal form from<a href=\"https:\/\/pensionersportal.gov.in\/forms\/gpfcpf\/GPFCPF_Form4.pdf\" rel=\"nofollow noopener\" target=\"_blank\"> https:\/\/pensionersportal.gov.in<\/a>. The form needs to be filled out correctly and submitted to the respective authorities for withdrawal purposes.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The General Provident Fund (GPF) is one of the PF accounts designed for government employees. Learn more about GPF today!<\/p>\n","protected":false},"author":90,"featured_media":9375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[1739,1646],"tags":[1676,1675,296],"acf":[],"modified_by":"Aishika Banerjee","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/07\/TT-5-July-GPF-Rules-BB-scaled.jpg?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/9371"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=9371"}],"version-history":[{"count":7,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/9371\/revisions"}],"predecessor-version":[{"id":17168,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/9371\/revisions\/17168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/9375"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=9371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=9371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=9371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}