{"id":9373,"date":"2022-07-06T19:29:01","date_gmt":"2022-07-06T13:59:01","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=9373"},"modified":"2022-07-08T12:30:07","modified_gmt":"2022-07-08T07:00:07","slug":"pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/","title":{"rendered":"PF Withdrawal Rules \u2013 Full, Advance Withdrawal, Process, Documents, Grievance, and Tax"},"content":{"rendered":"\n<p>Employees\u2019 Provident Fund (EPF) is a long-term retirement-based scheme. Both the employer and the employee contribute to the latter\u2019s EPF account on a monthly basis throughout their service period. The accumulated amount plus interest thereon is only accessible after the employee retires. However, EPFO has allowed employees to make premature PF withdrawals in certain conditions subject to conditions. Read to find out how to withdraw PF amount online and offline. Also, read about PF withdrawal rules for full, partial, and advance claims, how to file grievances and more.<\/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\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Components-of-EPF-contribution\" title=\"Components of EPF contribution\">Components of EPF contribution<\/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\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#When-can-you-withdraw-PF\" title=\"When can you withdraw PF?\">When can you withdraw PF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Types-of-PF-withdrawals\" title=\"Types of PF withdrawals\">Types of PF withdrawals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#EPF-withdrawal-rules\" title=\"EPF withdrawal rules\">EPF withdrawal rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Revised-PF-withdrawal-rules\" title=\"Revised PF withdrawal rules\">Revised PF withdrawal rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#PF-partial-withdrawal-rules\" title=\"PF partial withdrawal rules\">PF partial withdrawal rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#EPF-withdrawal-before-5-yrs-of-service\" title=\"EPF withdrawal before 5 yrs of service\">EPF withdrawal before 5 yrs of service<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Rules-of-PF-withdrawal-after-retirement\" title=\"Rules of PF withdrawal after retirement\">Rules of PF withdrawal after retirement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-to-withdraw-PF\" title=\"How to withdraw PF?\">How to withdraw PF?<\/a><\/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\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#PF-withdrawal-process-online\" title=\"PF withdrawal process online\">PF withdrawal process online<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-to-withdraw-PF-online-with-UAN\" title=\"How to withdraw PF online with UAN?\">How to withdraw PF online with UAN?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Login-to-the-UAN-portal\" title=\"Login to the UAN portal\">Login to the UAN portal<\/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\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Verify-KYC\" title=\"Verify KYC\">Verify KYC<\/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\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Choose-claim-form\" title=\"Choose claim form\">Choose claim form<\/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\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Choose-the-type-of-PF-withdrawal\" title=\"Choose the type of PF withdrawal\">Choose the type of PF withdrawal<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#EPF-withdrawal-online-claim-forms\" title=\"EPF withdrawal online claim forms\">EPF withdrawal online claim forms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-to-enter-the-exit-date-to-hasten-your-EPF-withdrawal\" title=\"How to enter the exit date to hasten your EPF withdrawal?\">How to enter the exit date to hasten your EPF withdrawal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Procedure-for-EPF-withdrawal-offline\" title=\"Procedure for EPF withdrawal offline\">Procedure for EPF withdrawal offline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Criteria-for-PF-withdrawal\" title=\"Criteria for PF withdrawal\">Criteria for PF withdrawal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Documents-required-for-PF-withdrawal\" title=\"Documents required for PF withdrawal\">Documents required for PF withdrawal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Tax-on-EPF-withdrawals\" title=\"Tax on EPF withdrawals\">Tax on EPF withdrawals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-to-save-TDS-on-PF-withdrawal\" title=\"How to save TDS on PF withdrawal?\">How to save TDS on PF withdrawal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Rates-of-TDS-on-EPF-withdrawals\" title=\"Rates of TDS on EPF withdrawals\">Rates of TDS on EPF withdrawals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-to-register-a-grievance-for-PF-withdrawal\" title=\"How to register a grievance for PF withdrawal?\">How to register a grievance for PF withdrawal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Types-of-EPFO-grievances\" title=\"Types of EPFO grievances\">Types of EPFO grievances<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-to-withdraw-the-PF-amount-online\" title=\"How to withdraw the PF amount online?\">How to withdraw the PF amount online?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#What-are-the-limits-on-advance-PF-withdrawal\" title=\"What are the limits on advance PF withdrawal?\">What are the limits on advance PF withdrawal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Do-I-have-to-submit-Form-15GH-along-with-the-EPF-withdrawal-form\" title=\"Do I have to submit Form 15G\/H along with the EPF withdrawal form?\">Do I have to submit Form 15G\/H along with the EPF withdrawal form?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Can-I-make-an-EPF-claim-online-without-logging-into-the-EPFO-Portal\" title=\"Can I make an EPF claim online without logging into the EPFO Portal?\">Can I make an EPF claim online without logging into the EPFO Portal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Is-it-compulsory-to-submit-my-PAN-details-at-the-time-of-EPF-withdrawal\" title=\"Is it compulsory to submit my PAN details at the time of EPF withdrawal?\">Is it compulsory to submit my PAN details at the time of EPF withdrawal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Why-cant-I-withdraw-my-EPF-balance-while-working\" title=\"Why can&#8217;t I withdraw my EPF balance while working?\">Why can&#8217;t I withdraw my EPF balance while working?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Can-I-withdraw-EPF-after-losing-my-job\" title=\"Can I withdraw EPF after losing my job?\">Can I withdraw EPF after losing my job?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Can-I-withdraw-the-full-PF-amount-before-retirement\" title=\"Can I withdraw the full PF amount before retirement?\">Can I withdraw the full PF amount before retirement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Can-I-claim-a-tax-exemption-on-EPF-withdrawals\" title=\"Can I claim a tax exemption on EPF withdrawals?\">Can I claim a tax exemption on EPF withdrawals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Do-I-need-my-employers-approval-to-withdraw-EPF\" title=\"Do I need my employer\u2019s approval to withdraw EPF?\">Do I need my employer\u2019s approval to withdraw EPF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Can-I-withdraw-EPF-without-UAN\" title=\"Can I withdraw EPF without UAN?\">Can I withdraw EPF without UAN?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Are-EPF-contributions-eligible-for-tax-deductions\" title=\"Are EPF contributions eligible for tax deductions?\u00a0\">Are EPF contributions eligible for tax deductions?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Can-I-increase-my-EPF-contribution\" title=\"Can I increase my EPF contribution?\">Can I increase my EPF contribution?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#Will-the-employer-also-increase-their-contribution-when-I-do\" title=\"Will the employer also increase their contribution when I do?\">Will the employer also increase their contribution when I do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#What-happens-to-an-EPF-account-on-quitting-or-switching-jobs\" title=\"What happens to an EPF account on quitting or switching jobs?\">What happens to an EPF account on quitting or switching jobs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-rules-full-advance-withdrawal-process-documents-grievance-and-faqs\/#How-are-EPF-withdrawals-taxed\" title=\"How are EPF withdrawals taxed?\">How are EPF withdrawals taxed?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Components-of-EPF-contribution\"><\/span><strong>Components of EPF contribution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>12% of your basic salary plus <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-dearness-allowance\/\">Dearness Allowance<\/a> (DA) goes directly towards your EPF account. However, the same is not in the case of your employer\u2019s <a href=\"https:\/\/www.tickertape.in\/blog\/how-good-is-the-cut-in-your-epf-contribution\/\">EPF contribution<\/a>. Here\u2019s how it is divided:<\/p>\n\n\n\n<ul><li>3.67% goes towards your EPF<\/li><li>1.1% goes towards EPF administration charges<\/li><li>0.5% goes towards Employees\u2019 Deposit Linked Insurance (<a href=\"https:\/\/www.tickertape.in\/blog\/employees-deposit-linked-insurance-scheme\/\">EDLI<\/a>)<\/li><li>0.01% goes towards EDLI administration charges<\/li><li>8.33% goes towards the Employees\u2019 Pension Scheme (EPS)<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When-can-you-withdraw-PF\"><\/span><strong>When can you withdraw PF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can withdraw the entire provident fund in the following cases:<\/p>\n\n\n\n<ol><li>At the time of retirement.<\/li><li>If you have been unemployed for 2 months.<\/li><li>In case of your death before retirement, your nominee can withdraw.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types-of-PF-withdrawals\"><\/span><strong>Types of PF withdrawals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are three types of PF withdrawals:<\/p>\n\n\n\n<ol><li>PF final settlement<\/li><li>PF partial withdrawal<\/li><li>Pension withdrawal<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EPF-withdrawal-rules\"><\/span><strong>EPF withdrawal rules<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As the Employees\u2019 Provident Fund is specially designed for salaried individuals to help them save for their sunset years, it is best to avoid withdrawal before retirement unless it is an emergency. If you still have to withdraw funds, you no longer need your employer\u2019s approval. You can easily apply for PF withdrawal online via the EPFO. However, a prerequisite is that your <a href=\"https:\/\/www.tickertape.in\/blog\/uan-registration-and-activation-process-7-easy-steps\/\">UAN<\/a> and Aadhaar should be linked. And your employer must have approved it.<\/p>\n\n\n\n<p>A PF withdrawal is governed by some rules as discussed below:<\/p>\n\n\n\n<ol><li>PF withdrawals made before completing 5 yrs of continuous service are taxable.<\/li><li>The withdrawals are also fully taxable in case there is a break\/gap in the contribution during the first 5 yrs.<\/li><li>Withdrawals after completing 5 yrs of continuous service are tax-free.<\/li><li>Withdrawals are not taxable if you were terminated or were unemployed due to ill health.<\/li><li>On changing your job, you need not withdraw your provident fund. You can easily transfer the funds to a new account with your current employer.<\/li><li>You can avail a loan on your employee provident fund.<\/li><li>Withdrawal of funds transferred from your PF account to the National Pension Scheme (<a href=\"https:\/\/www.tickertape.in\/blog\/is-nps-good\/\">NPS<\/a>) is exempt from tax.<\/li><li>If you change jobs and thereby have a PF account, it will still be considered continuous service provided there is no gap in the contribution.<\/li><li>You are required to use the Composite Claims Form for claims of partial withdrawal or final settlement.<\/li><li>If you have linked your Aadhaar with <a href=\"https:\/\/www.tickertape.in\/blog\/uan-universal-account-number\/\">UAN<\/a>, you can directly submit the Composite Claims Form to the EPFO without getting an attestation from your employer.<\/li><li>If you have not linked your Aadhaar with UAN, you have to submit the Composite Claims Form with your employer\u2019s attestation to make a withdrawal.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Revised-PF-withdrawal-rules\"><\/span><strong>Revised PF withdrawal rules<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>However, <a href=\"https:\/\/www.tickertape.in\/blog\/a-guide-to-making-epf-withdrawal-during-a-covid-19-emergency\/\">amid the coronavirus pandemic last year<\/a>, EPFO revised several PF withdrawal rules to give easy access to financial resources to individuals who were unemployed before their retirement due to lockdown or retrenchment. As per the new rules, PF account holders are allowed to withdraw the lower of:<\/p>\n\n\n\n<ul><li>3 months\u2019 basic salary plus <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-dearness-allowance\/\">dearness allowance<\/a><\/li><li>75% of the net balance in their PF account<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PF-partial-withdrawal-rules\"><\/span><strong>PF partial withdrawal rules<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Ideally, you can withdraw PF only after your <a href=\"https:\/\/blog.tickertape.in\/retirement-planning\/\" rel=\"nofollow noopener\" target=\"_blank\">retirement<\/a>. However, there are certain situations when you can make premature withdrawals. Note the following advance PF withdrawal rules to plan your finances.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Purpose<\/strong><\/td><td><strong>Eligibility<\/strong><\/td><td><strong>Limit<\/strong><\/td><\/tr><tr><td>Construction\/Purchase of a new house<br><strong>Conditions:<br><\/strong>1. The asset should be in your name or jointly with your spouse<br>2. You can withdraw PF for this purpose once during your entire service<br>3. The construction should begin within 6 months and be completed within 12 months from the last withdrawal instalment date<\/td><td>Should have rendered service for at least 5 yrs<\/td><td><strong>For land:<\/strong> Up to 24 times your monthly basic salary plus dearness allowance<br><br><strong>For a house:<\/strong> the lower of:<br>1. Up to 36 times your monthly basic salary plus dearness allowance<br>2. The cost of the property<br>3. The total of your and employer\u2019s share plus interest<\/td><\/tr><tr><td>Medical emergency of self, spouse, parents or children<\/td><td>Any EPF member<\/td><td>The lower of:<br>1. Your share plus interest or six times your monthly basic salary<\/td><\/tr><tr><td>Renovation of a house<\/td><td>After 5 yrs of construction<\/td><td>12 times your monthly salary<\/td><\/tr><tr><td>Repayment or downpayment of a home loan<\/td><td>Should have served for at least 3 yrs<\/td><td>90% of the PF balance<\/td><\/tr><tr><td>Wedding of self, sibling or children<\/td><td>Should have served for at least 7 yrs<\/td><td>50% of your share<\/td><\/tr><tr><td>Higher education of self or post matriculation of children<\/td><td>Should have served for at least 7 yrs<\/td><td>Up to 50% of your share of contribution to EPF<\/td><\/tr><tr><td>Member unemployed<\/td><td>For more than a month<\/td><td>75% of your PF<\/td><\/tr><tr><td>Member unemployed<\/td><td>More than 2 months<\/td><td>Remaining 25%<\/td><\/tr><tr><td>Premature withdrawal a year before retirement\/superannuation<\/td><td>Must be aged 54 yrs and above<\/td><td>90% of EPF balance<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EPF-withdrawal-before-5-yrs-of-service\"><\/span><strong>EPF withdrawal before 5 yrs of service<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>EPF withdrawals done before the completion of 5 yrs of continuous service will attract <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-tds-and-how-to-file-it\/\">TDS<\/a>. The 5 yrs of service include tenure with your previous employer too.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rules-of-PF-withdrawal-after-retirement\"><\/span><strong>Rules of PF withdrawal after retirement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>If you are aged above 58 yrs, the EPF Act requires you to apply to claim the final settlement.<\/li><li>The EPF account balance consists of your and your employer\u2019s contribution.<\/li><li>If, at the time of your retirement, you have rendered continuous services for over 10 yrs, you will also be eligible to claim the Employee Pension Scheme (EPS) amount.<\/li><li>If you complete 10 yrs of service, you will get post-retirement pension benefits.<\/li><li><a href=\"https:\/\/www.tickertape.in\/blog\/a-guide-to-making-epf-withdrawal-during-a-covid-19-emergency\/\">EPF withdrawal<\/a> post-retirement is tax-free.<\/li><li>Interest earned on EPF after retirement is taxable.<\/li><li>If you don\u2019t withdraw funds 3 yrs after retirement, the interest earned will attract tax.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How-to-withdraw-PF\"><\/span><strong>How to withdraw PF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can make PF withdrawal in two ways &#8211; online and offline. While an offline EPF claim may take up to 20 days to be settled, online claims for PF withdrawals are settled within three working days. Online withdrawals are made either via EPFO Member Portal or the UAN site. To get started, make sure that your UAN is linked with your Aadhaar card information. Use the Composite Claims Form to request a partial or full withdrawal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PF-withdrawal-process-online\"><\/span><strong>PF withdrawal process online<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The PF withdrawal process via the online mode is simple and takes a shorter time for settlement as compared to the offline route. Follow these steps for online withdrawal of PF money:<\/p>\n\n\n\n<p><strong>Step 1:<\/strong> Visit the EPFO website and launch the <a href=\"https:\/\/unifiedportal-mem.epfindia.gov.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">member portal<\/a>.<\/p>\n\n\n\n<p><strong>Step 2:<\/strong> Go to the \u201cServices\u201d tab and select \u201cFor Employees\u201d.<\/p>\n\n\n\n<p><strong>Step 3:<\/strong> Select the \u201cMember UAN\/Online Service (OCS\/OTCP)\u201d option and wait to be redirected to a new window.<\/p>\n\n\n\n<p><strong>Step 5:<\/strong> Under the \u201cManage\u201d tab, select the \u201cKYC\u201d option and wait to be redirected to a new page.<\/p>\n\n\n\n<p><strong>Step 6:<\/strong> Go to the \u201cDigitally Approved KYC\u201d section at the bottom of the article and check your KYC details. Verify their correctness.<\/p>\n\n\n\n<p><strong>Step 7:<\/strong> In the top menu, select the \u201cOnline Service\u201d option.<\/p>\n\n\n\n<p><strong>Step 8:<\/strong> From the drop-down menu, select the \u201cCLAIM (FORM-31, 19 &amp; 10C)\u201d option.<\/p>\n\n\n\n<p><strong>Step 9:<\/strong> Wait to be redirected to a new webpage with an automatically generated \u201cONLINE CLAIM (FORM 31, 19 &amp; 10C)\u201d form.<\/p>\n\n\n\n<p><strong>Step 10:<\/strong> Verify your registered bank account number by entering the last four digits.<\/p>\n\n\n\n<p><strong>Step 11:<\/strong> Once your bank account is verified, a \u201cCertificate of Undertaking\u201d will be generated. Click \u201cYes\u201d on the pop-up.<\/p>\n\n\n\n<p><strong>Step 12:<\/strong> Click on the \u201cProceed for Online Claim\u201d option when asked.<\/p>\n\n\n\n<p><strong>Step 13:<\/strong> For online EPF withdrawal, select the \u201cPF ADVANCE (FORM &#8211; 31)\u201d from the drop-down menu next to the \u201cI want to apply for\u201d option.<\/p>\n\n\n\n<p><strong>Step 14:<\/strong> Select the reason for the claim from the drop-down options next to \u201cPurpose for which advance is required\u201d. Also, fill up the fields for your address and advance amount.<\/p>\n\n\n\n<p><strong>Step 15:<\/strong> To submit your withdrawal application, tick the checkbox at the end of the page.<\/p>\n\n\n\n<p><strong>Step 16:<\/strong> Depending on the nature of the withdrawal, you will be required to upload certain scanned documents.<\/p>\n\n\n\n<p><strong>Step 17:<\/strong> Wait for your employer to approve the withdrawal request. Once approved, the withdrawal amount will be deposited into your bank account. You will receive an SMS on your registered mobile number once the EPF claim has been settled.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How-to-withdraw-PF-online-with-UAN\"><\/span><strong>How to withdraw PF online with UAN?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-howto\" class=\"rank-math-block\" >\n<div class=\"rank-math-howto-description\">\n\n<p>PF withdrawal using UAN involves the following steps:<\/p>\n\n<\/div>\n\n<div class=\"rank-math-steps \">\n<div id=\"howto-step-1657114201557\" class=\"rank-math-step\">\n<h3 class=\"rank-math-step-title \"><span class=\"ez-toc-section\" id=\"Login-to-the-UAN-portal\"><\/span>Login to the UAN portal<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-step-content \"><p>Launch the <a href=\"https:\/\/unifiedportal-mem.epfindia.gov.in\/memberinterface\/\" rel=\"nofollow noopener\" target=\"_blank\">UAN portal<\/a>. Log in with your UAN and password. Then enter the captcha.<\/p>\n<\/div>\n<\/div>\n<div id=\"howto-step-1657114305887\" class=\"rank-math-step\">\n<h3 class=\"rank-math-step-title \"><span class=\"ez-toc-section\" id=\"Verify-KYC\"><\/span>Verify KYC<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-step-content \"><p>To proceed, you will have to verify your KYC. To do this,<strong> <\/strong>select \u2018Manage\u2019 and click on \u2018KYC\u2019 and verify the details like PAN, Aadhaar, and bank account.<\/p>\n<\/div>\n<\/div>\n<div id=\"howto-step-1657114387542\" class=\"rank-math-step\">\n<h3 class=\"rank-math-step-title \"><span class=\"ez-toc-section\" id=\"Choose-claim-form\"><\/span>Choose claim form<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-step-content \"><p>After verifying KYC, visit \u2018Online Services\u2019 and choose the claim (Form-31, 19 and 10C). Enter your bank account number and click on \u2018Verify\u2019. Sign the certificate by selecting \u2018Yes\u2019. Then choose \u2018Proceed for Online Claim\u2019.<\/p>\n<\/div>\n<\/div>\n<div id=\"howto-step-1657114480066\" class=\"rank-math-step\">\n<h3 class=\"rank-math-step-title \"><span class=\"ez-toc-section\" id=\"Choose-the-type-of-PF-withdrawal\"><\/span>Choose the type of PF withdrawal<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-step-content \"><p>As discussed, there are three types of PF withdrawals &#8211; full EPF settlement, partial withdrawal (loan\/advance) or pension withdrawal. Choose the one that applies to you and submit the application.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EPF-withdrawal-online-claim-forms\"><\/span><strong>EPF withdrawal online <\/strong><strong>claim forms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Now that you know the PF withdrawal process, let\u2019s understand the relevant online forms to be used. To make a pension or PF withdrawal, you are required to submit PF withdrawal claim forms, which differ as per the employee&#8217;s age, the reason for the claim, and your employment status. While <a href=\"https:\/\/www.epfindia.gov.in\/site_docs\/PDFs\/Downloads_PDFs\/Form19.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Form 19<\/a>, Form 31, and Form 10C were used previously, these are now replaced by Composite Claim Forms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How-to-enter-the-exit-date-to-hasten-your-EPF-withdrawal\"><\/span><strong>How to enter the exit date to hasten your EPF withdrawal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the reasons for the delay in your PF withdrawal could be that your exit date from your previous employer is not mentioned. Previously, only the employer could update this, but now EPFO allows you to do it through the Unified Portal. Follow these steps to enter the exit date:<\/p>\n\n\n\n<p><strong>Step 1: <\/strong>Log in to the UAN portal using your Unified Account Number (UAN) and password.<\/p>\n\n\n\n<p><strong>Step 2: <\/strong>Check whether the exit date is mentioned by selecting \u2018Service History\u2019 under \u2018View\u2019 on the header.<\/p>\n\n\n\n<p><strong>Step 3:<\/strong> If not updated, click on \u2018Manage\u2019 on the top panel and then on \u2018Mark Exit\u2019.<\/p>\n\n\n\n<p><strong>Step 4:<\/strong> Choose your employer from the drop-down option.<\/p>\n\n\n\n<p><strong>Step 5:<\/strong> Wait to be directed to a new page. Here, enter your date of birth, joining, and exit. The date of exit should match the one mentioned in your resignation letter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Procedure-for-EPF-withdrawal-offline\"><\/span><strong>Procedure for EPF withdrawal offline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Step 1:<\/strong> Download the Composite Claim Form (Aadhaar\/Non-Aadhaar)<\/p>\n\n\n\n<p><strong>Step 2:<\/strong> If you have entered your bank account and Aadhaar details on the UAN portal, use the Composite Claim Form (Aadhaar). Fill up the form and submit it without your employer\u2019s signature to the EPFO office.<\/p>\n\n\n\n<p><strong>Step 3:<\/strong> If your Aadhaar details are not updated on the UAN portal, you can use the Composite Claim Form (Non-Aadhaar). Fill this up and submit it with your employer\u2019s attestation to the EPFO office.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Criteria-for-PF-withdrawal\"><\/span><strong>Criteria for PF withdrawal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As mentioned earlier, the PF claim form varies based on certain criteria.<\/p>\n\n\n\n<ol><li><strong>When you\/employee is still under service<\/strong><\/li><\/ol>\n\n\n\n<p>You can make an advance withdrawal from your PF account by submitting the composite claim form (Aadhaar\/Non-Aadhaar).<\/p>\n\n\n\n<p>You can fund your <a href=\"https:\/\/www.tickertape.in\/blog\/lic-ipo-date-price-review-news-application-and-details\/\">LIC<\/a> policy through the EPF account using Form 14.<\/p>\n\n\n\n<p>You can apply for a monthly pension by submitting Form 10D if you have completed 10 yrs of eligible service. If you haven\u2019t completed the 10 yrs of eligible service, you are required to submit the Composite Claim Form.<\/p>\n\n\n\n<p>2. <strong>When an employee\/you switch the job<\/strong><\/p>\n\n\n\n<ul><li>Use Form 13 to transfer your EPF account.<\/li><li>When you leave an organisation and don\u2019t join another, you can make a claim on PF and pension using the Composite Claim Form.<\/li><li>If you are aged above 58 yrs and have completed 10 yrs of eligible service, you can make a PF claim using the Composite Claim Form and a pension claim using Form 10D.<\/li><\/ul>\n\n\n\n<p>3. <strong>When an employee leaves an establishment due to a physical disability<\/strong><\/p>\n\n\n\n<ul><li>You can claim PF using the Composite Claim Form.<\/li><li>You can claim <a href=\"https:\/\/www.tickertape.in\/blog\/epf-form-10c-eligibility-benefits-how-to-fill-attestation-documents-and-more\/\">pension<\/a> using Form 10D.<\/li><li>If you are aged above 58 yrs and have not completed 10 yrs of eligible service, you can claim the PF and pension using the Composite Claim Form.<\/li><\/ul>\n\n\n\n<p>4. <strong>When an employee\/you are deceased while in employment<\/strong><\/p>\n\n\n\n<ul><li>If you are aged below 58 yrs while in service or aged above 58 yrs and have completed 10 yrs of eligible service, your nominee\/heir\/beneficiary can file for the PF settlement using Form 20. To claim a monthly pension, they need to use Form 10D. Finally, Form 5IF should be used to claim <a href=\"https:\/\/www.tickertape.in\/blog\/employees-deposit-linked-insurance-scheme\/\">EDLI (Employees\u2019 Deposit Linked Insurance)<\/a>.<\/li><li>If you are aged above 58 yrs and have not completed 10 yrs of eligible service, your nominee\/heir\/beneficiary can claim PF using Form 20, pension using the Composite Claim Form, and EDLI using Form 5IF.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents-required-for-PF-withdrawal\"><\/span><strong>Documents required for PF withdrawal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol><li>Universal Account Number (UAN)<\/li><li>Employees\u2019 bank account details<\/li><li>An employer is required to submit their employee details to the EPFO. They should also state the joining and exit date correctly<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tax-on-EPF-withdrawals\"><\/span><strong>Tax on EPF withdrawal<\/strong>s<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>EPF withdrawals are taxable under certain circumstances. The following table will detail the taxation:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>Taxation<\/strong><\/td><\/tr><tr><td>Withdrawal is less than Rs. 50,000 before completing 5 yrs of continuous service<\/td><td>No <a href=\"https:\/\/www.tickertape.in\/blog\/how-to-make-tds-payment\/\">TDS<\/a>. However, if you fall under a taxable bracket, you have to offer such EPF withdrawal in your ITR<\/td><\/tr><tr><td>Withdrawal is over Rs. 50,000 before completing 5 yrs of continuous service<\/td><td>Attracts TDS at 10% if PAN is furnished. No TDS if Form 15G\/15H is furnished<\/td><\/tr><tr><td>Withdrawal of EPF after 5 yrs of continuous service<\/td><td>No TDS. You need not offer such withdrawal in your ITR as it is exempt from tax<\/td><\/tr><tr><td>Transfer of EPF from one account to another on job change<\/td><td>No TDS. You need not offer this in ITR, as it is not taxable<\/td><\/tr><tr><td>Before completing 5 yrs of continuous service<\/td><td>Attracts TDS at 10% if PAN is furnished. If not, TDS at 30% is applicable.<\/td><\/tr><tr><td>1. Termination of employment due to your ill health<br>2. Employer\u2019s business is discontinued<br>3. The reasons for withdrawal are beyond your control<\/td><td>No TDS. You don\u2019t have to offer this in your ITR as such withdrawals are exempt from tax<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How-to-save-TDS-on-PF-withdrawal\"><\/span><strong>How to save TDS on PF withdrawal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Instead of withdrawing your EPF corpus when changing your job, transfer it to the new EPF.<\/li><li>When unemployed, avoid withdrawing EPF. The EPF balance will earn interest for up to 3 yrs even though there\u2019s no contribution. However, the interest earned in this period attracts tax.<\/li><li>Withdraw funds after 5 yrs of continuous service.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rates-of-TDS-on-EPF-withdrawals\"><\/span><strong>Rates of TDS on EPF withdrawals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>TDS is deducted at 10% on EPF withdrawals before 5 yrs of continuous service in case you have submitted your PAN. In case you don\u2019t furnish PAN details, TDS is deducted at the highest slab rate of 30%.<\/li><li>TDS is not deducted if you submit Form 15G\/Form 15H. You can submit these forms if your total income, including EPF withdrawal, is below the taxable limit.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How-to-register-a-grievance-for-PF-withdrawal\"><\/span><strong>How to register a grievance for PF withdrawal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can register grievances by visiting the EPF grievance management system online. To do this, follow these steps:<\/p>\n\n\n\n<p><strong>Step 1:<\/strong> Visit the EPFO Grievance Management System<\/p>\n\n\n\n<p><strong>Step 2:<\/strong> Click on \u2018Register Grievance\u2019<\/p>\n\n\n\n<p><strong>Step 3:<\/strong> Fill out the grievance registration form<\/p>\n\n\n\n<p><strong>Step 4:<\/strong> Choose your status from the drop-down option<\/p>\n\n\n\n<p><strong>Step 5:<\/strong> Fill up your PF number, your establishment, address, complainant&#8217;s name, contact details, grievance details and others.<\/p>\n\n\n\n<p><strong>Step 6: <\/strong>Click \u2018Submit\u2019 after entering the captcha code.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types-of-EPFO-grievances\"><\/span><strong>Types of EPFO grievances<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can register a grievance related to the following issues:<\/p>\n\n\n\n<ol><li>Transfer of your PF accumulations (F-13)<\/li><li>Return or misplacement of cheque<\/li><li>Settlement of your pension (10-D)<\/li><li>Provision of PF balance or PF slip<\/li><li>Scheme certificate (10C)<\/li><li>Others<\/li><\/ol>\n\n\n\n<p>Once you file a grievance online, you can check its status on the portal. In case you don\u2019t get a resolution within the stipulated time, you can send a reminder by clicking on \u2018Send Reminder\u2019. Keep your grievance registration number and password, if any, handy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><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-1657115220116\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How-to-withdraw-the-PF-amount-online\"><\/span><strong>How to withdraw the PF amount online?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>There are two ways of withdrawing the PF amount online. First, you can withdraw your balance using your UAN credentials. Second, you can do so by visiting the EPFO website.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115230072\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What-are-the-limits-on-advance-PF-withdrawal\"><\/span><strong>What are the limits on advance PF withdrawal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can make an advance withdrawal from your PF accounts in certain situations as follows:<br \/>1. To fund a marriage &#8211; 3 times<br \/>2. To pursue post-matriculation education &#8211; 3 times<br \/>3. To purchase\/construct a house or land &#8211; 1 time<br \/>4. To fund a medical emergency or treat a critical illness &#8211; no limit<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115254527\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Do-I-have-to-submit-Form-15GH-along-with-the-EPF-withdrawal-form\"><\/span><strong>Do I have to submit Form 15G\/H along with the EPF withdrawal form?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. You have to submit Form 15G\/H in case you want to make an EPF withdrawal before completing a service of continuous 5 yrs, and your taxable amount, including the withdrawal, is nil.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115268198\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Can-I-make-an-EPF-claim-online-without-logging-into-the-EPFO-Portal\"><\/span><strong>Can I make an EPF claim online without logging into the EPFO Portal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you can make an EPF claim online. To do this, you will have to download or get a Composite Claim Form, fill it up and submit it with the EPFO.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115281874\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is-it-compulsory-to-submit-my-PAN-details-at-the-time-of-EPF-withdrawal\"><\/span><strong>Is it compulsory to submit my PAN details at the time of EPF withdrawal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, it is necessary if you want to make a partial withdrawal from your EPF account. If not, as per the PF advance withdrawal rules, you will attract TDS at the highest slab (30% currently) or more on the amount withdrawn. In contrast, a TDS of 10% is applicable if you submit your PAN.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115297775\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Why-cant-I-withdraw-my-EPF-balance-while-working\"><\/span><strong>Why can&#8217;t I withdraw my EPF balance while working?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>EPF is specially designed to allow salaried individuals to save for their retirement. Therefore, it is discouraged to withdraw the funds while working. However, EPFO allows you to make advance EPF withdrawals in some instances.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115312318\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Can-I-withdraw-EPF-after-losing-my-job\"><\/span><strong>Can I withdraw EPF after losing my job?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>As per the latest EPFO regulations, you can withdraw 75% of your accumulated corpus if you are terminated from your job and are unemployed for a month. If you continue to be unemployed for another month, you can withdraw the remaining 25%.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115320783\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Can-I-withdraw-the-full-PF-amount-before-retirement\"><\/span><strong>Can I withdraw the full PF amount before retirement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Withdrawal of PF balance entirely is only allowed after you retire. The retirement age is above 55 yrs. If you retire before this, you cannot receive the entire corpus. However, you can withdraw 90% of your EPF corpus a year before you retire, provided you are not less than 54 yrs.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115335907\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Can-I-claim-a-tax-exemption-on-EPF-withdrawals\"><\/span><strong>Can I claim a tax exemption on EPF withdrawals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>PF withdrawals made before completing 5 yrs of continuous service are taxable. Withdrawals made after rendering service for a continuous 5 yrs are tax-exempt.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115352035\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Do-I-need-my-employers-approval-to-withdraw-EPF\"><\/span><strong>Do I need my employer\u2019s approval to withdraw EPF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, you don\u2019t need your employer\u2019s approval to withdraw your EPF. You can claim for withdrawal directly with the EPFO. However, your employer\u2019s attestation is mandatory in case your Aadhaar and UAN are not linked.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115360721\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Can-I-withdraw-EPF-without-UAN\"><\/span><strong>Can I withdraw EPF without UAN?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Submit a duly filled <a href=\"https:\/\/www.tickertape.in\/blog\/pf-withdrawal-form\/\">PF withdrawal form<\/a> at the Regional Provident Fund Office. You can check the jurisdiction of your PF office via the alpha-numeric PF account number, which mentions the state and location from your pay slip. To withdraw PF funds in this way, you have to submit your identity attestation from a bank manager, magistrate or gazette officer.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115373275\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Are-EPF-contributions-eligible-for-tax-deductions\"><\/span><strong>Are EPF contributions eligible for tax deductions?\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. You can claim a tax deduction on EPF contributions under Section 80C of the <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-income-tax\/\">Income Tax<\/a> Act, 1961.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115383720\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Can-I-increase-my-EPF-contribution\"><\/span><strong>Can I increase my EPF contribution?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. You can increase your EPF contributions up to 100% of your basic pay to the <a href=\"https:\/\/www.tickertape.in\/blog\/vpf-interest-rate-eligibility-withdrawal-rules-and-tax-benefits\/\">Voluntary Provident Fund<\/a> (VPF) account, which is an extension of EPF.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115397386\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Will-the-employer-also-increase-their-contribution-when-I-do\"><\/span><strong>Will the employer also increase their contribution when I do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No. The employer is not obligated to increase their contribution to your EPF. They will continue to contribute their portion as usual.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115410033\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What-happens-to-an-EPF-account-on-quitting-or-switching-jobs\"><\/span><strong>What happens to an EPF account on quitting or switching jobs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Once you quit your job, your EPF account will still be active; however, it will not receive monthly contributions. When you join a job, your new employer will create a new EPF account under the same UAN. You can transfer the funds from the old account to the new EPF account.<\/p>\n<p>If you don\u2019t join a new employer, you will get 3 yrs from your last contribution to withdraw your EPF in full. If you don\u2019t withdraw, your EPF account will become inactive, and the funds don&#8217;t attract interest. Accessing funds from an inactive EPF account requires you to go through complex procedures.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1657115439089\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How-are-EPF-withdrawals-taxed\"><\/span><strong>How are EPF withdrawals taxed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>As discussed, EPF payout has four components:<br \/><strong>1. Your\/employee\u2019s contribution:<\/strong> This component of your EPF is not taxable. However, in earlier years, if you have claimed a deduction under Section 80C on your contribution in earlier years, you may attract additional tax as if you hadn\u2019t claimed 80C benefits for those years.<br \/><strong>2. Interest on your\/employee\u2019s contribution: <\/strong>This portion is taxed as income from other sources.<br \/><strong>3. Employer&#8217;s contribution:<\/strong> This component is fully taxable under the head salary. You can see TDS on such amounts in <a href=\"https:\/\/www.tickertape.in\/blog\/form-26as\/\">Form 26AS<\/a>.<br \/>4. <strong>Interest on employer\u2019s contribution:<\/strong> This component is also fully taxable under the head salary. TDS on such income also appears in Form 26AS.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Although you can only access your PF account on retirement, the EPFO allows premature PF withdrawal rules in case of emergency. Let us look at the rules governing withdrawals, limits, eligibility, and documentation.<\/p>\n","protected":false},"author":27,"featured_media":9379,"comment_status":"open","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":[304,1677,396,397],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/07\/TT-30-June-PF-withdrawal-rules-BB-scaled.jpg?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/9373"}],"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\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=9373"}],"version-history":[{"count":7,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/9373\/revisions"}],"predecessor-version":[{"id":9396,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/9373\/revisions\/9396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/9379"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=9373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=9373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=9373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}