The Employees Provident Fund Organization (EPF) is a retirement savings scheme for private sector employees. Both the employer and employee contribute equally to this account, and the government pays annual interest. While this money is typically accessible after retirement, EPF does allow for withdrawals during emergencies.
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If you find yourself in need of funds for a medical emergency or to repay a home loan, you can withdraw from your PF account by providing specific reasons. This process can be conveniently completed online from the comfort of your home, and the money will be transferred to your bank account within a week.
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Here’s how to do it:
1. Visit the EPFO website at www.epfindia.gov.in and click on “Online Advance Claim” on the homepage.
2. Log in to the UAN member portal using your UAN and password.
3. Once logged in, navigate to the ‘Online Services’ tab.
4. To withdraw a PF advance from EPF, select the appropriate claim form (Form 31, 19, 10C, or 10D) from the drop-down menu.
5. Verify the form by entering the last 4 digits of your bank account.
6. Proceed by clicking on “Proceed for Online Claim” and select PF Advance Form 31 from the drop-down.
7. Choose the reason for your withdrawal from the options provided.
8. Enter the amount you wish to withdraw.
9. Upload a scanned copy of your bank account check and provide your home address details.
10. Click on “Get Aadhaar OTP” and enter the OTP received on your Aadhaar-linked mobile.
Your claim will be filed. In cases of medical emergencies, PF claim money can be processed within an hour.
You can also check your PF balance by making a missed call to 011 22901406 from your registered mobile number. You will receive your balance information through SMS.
