EPFO means Employees' Provident Fund Organization, where your provident fund amounts are also kept safe. In many necessary situations such as emergencies, home purchase, education, or medical expenses, you may want to withdraw money from your provident fund. However, how much money can be withdrawn is often confusing. For example, if you applied to withdraw one lakh rupees but actually received only 60,000 rupees, you wonder why you received that specific amount.
EPFO means Employees' Provident Fund Organization, where your provident fund amounts are also kept safe. In many necessary situations such as emergencies, home purchase, education, or medical expenses, you may want to withdraw money from your provident fund. However, how much money can be withdrawn is often confusing. For example, if you applied to withdraw one lakh rupees but actually received only 60,000 rupees, you wonder why you received that specific amount.
While working, if you have completed a period of 12 months at that place, you can withdraw 75% of the fund amount by setting aside 25%. However, after leaving the job, you can withdraw the entire amount after two months or in some cases after 12 months. If you have retired, you are allowed to withdraw the entire fund as per EPFO rules.
While working, if you have completed a period of 12 months at that place, you can withdraw 75% of the fund amount by setting aside 25%. However, after leaving the job, you can withdraw the entire amount after two months or in some cases after 12 months. If you have retired, you are allowed to withdraw the entire fund as per EPFO rules.