Coronavirus |Facing issues in EPF withdrawal? Here's what you can do

Retirement fund body Employees Provident Fund Organisation (EPFO) has settled 1.37 lakh provident fund withdrawal claims till now to help subscribers tide over the coronavirus-induced crisis.

Faizan Javed

May 06, 2020 / 16:35 IST

The government has amended the EPF withdrawal rules, which now allow an EPF member to withdraw money in case of emergency.

Retirement fund body Employees Provident Fund Organisation (EPFO) has settled 1.37 lakh provident fund withdrawal claims till now to help subscribers tide over the coronavirus-induced crisis.

An EPF member can withdraw up to 75 percent of EPF account balance or three months' basic wages or the amount that person actually needs, whichever is lower, according to the amended rules.

While applying for withdrawal, subscribers need to check whether their organisation is exempted. Exempted organisations are those having private trusts to manage the EPF of employees.

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If you have applied for EPF money and not yet received, then you need to follow these steps: - EPFO has asked EPF subscribers to visit its website https://epfigms.gov.in/ to register grievances on it.

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