EPFO allowed the subscribers to withdraw double money from their respective accounts to meet the financial needs arising due to the pandemic. Currently, India is battling the third wave of the pandemic with over 2 lakh cases daily.
New Delhi: Keeping in mind the sudden expenses due to Covid-19 emergencies, Employees Provident Fund Organisation (EPFO), earlier this year, allowed the subscribers to withdraw double money from their respective accounts. Scores of people have been facing financial difficulties amid the raging pandemic. Currently, India is battling the third wave of the pandemic with over 2 lakh cases daily.
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The account holders can withdraw the money using the online portal of EPFO. What is more important is that the money will be transferred in just a matter of hours. Before the pandemic struck the world, subscribers were allowed to withdraw non-refundable balances only once.
The provision to withdraw the money twice, according to a report by The Economic Times, was first launched under the scheme Pradhan Mantri Garib Kalyan Yojana (PMGKY)
A Step-By-Step Guide To Withdraw Money Twice From Your PF Account
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- Visit the member e-service portal at https://unifiedportal-mem.epiindia.gov.in/memberinterface/.
- Log in to the PF account using your UAN and password. Enter the Captcha code for verification.
- Go to the ‘Online Services’ section.
- Select your claim (Form-31, 19, 10C and 10D).
- Now, enter your personal details. These include the name, date of birth and last four digits of your Aadhaar number.
- Fill in your bank account number and click on ‘verify’.
- Share the ‘Certificate of Undertaking’.
- Click on ‘PF Advance (Form 31)’.
- Select the ‘Outbreak of pandemic (COVID-19)’ form.
- Enter the amount you want to withdraw.
- Now, upload the scanned copy of the cancelled cheque and address proof.
- Enter the one-time password (OTP) sent to the mobile number registered with Aadhaar.
- Click on ‘Submit’
