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How do you withdraw money from PF account?

Updated: 10/10/2023
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137amit

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14y ago

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You can withdraw money from your PF account by submitting a written request to your regional PF office with your PF Account number. The PF account is not like normal bank accounts and hence you cannot do it anytime and everytime you wish. You can make only 3 withdrawals throughout the duration of the PF accounts lifetime.

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14y ago
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Q: How do you withdraw money from PF account?
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Sample letter requesting release of money from PF account?

You cant write letters to get money from PF account. There are forms that need to be filled and procedures to be followed to withdraw money from PF account.


How can you withdraw money from your provident fund?

You can withdraw money from your PF Account by submitting a written request to your nearest Provident Fund Office. Note: Your PF Account is not a bank account and you cannot withdraw money as and when you please. There are rules governing when and for what you can withdraw money from your PF corpus. Check out the related link to know when and for what you can withdraw money from your corpus.


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Shall i withdraw my pf amount from inoperative account


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It depends on how long you have had the PF account and why you are withdrawing it. Refer to the link in the related links section to understand the rules.


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Yes, if you worked for them and there was a pf account created while you worked there.


What happens to PF account if employee is dismissed?

The account will be discontinued and the employee can withdraw the funds when he wants.


How do you withdraw pf money?

Go to the EPF India website, create an account using your PF Account details and check it online


What about epf withdrawals?

Almost all of us are working for a company and we contribute a small percentage of our monthly salary into our EPF accounts. We all know that PF is a great saving instrument and it will help us generate a corpus for our retirement. All that being said, many of us do not know the fact that we can withdraw money from our PF account for emergency cash requirements. Yes, you read me right. WE CAN withdraw money from our PF accounts. After all, it is our money and we definitely have the right to take it when we need it the most. However a point to note here is that, there are a lot of restrictions with respect to taking money from your PF account. You need a lot of documents and need to meet certain criteria. For ex: If you want to take money for marriage or education you: 1. Must have completed 7 years of Service 2. Can withdraw for self/children/siblings marriage 3. Can withdraw for self/childrens education and you can withdraw 50% of the corpus and you can do it 3 times during your Total service Similarly there are numerous rules for each category under which you can withdraw money from your PF Account


How do you withdraw some money from your account?

A person who is a bonafide customer in the bank can withdraw the money from his/her account within his/her clear balance available in the account.


How you can withdraw your pf amount inform therules?

It depends on how long you have had the PF account and why you are withdrawing it. Refer to the link in the related links section to understand the rules.


How do you use withdraw in a sentence?

The secret to saving money is to put more in the account than you withdraw from the account.


Can you withdraw only pf amount leaving pension amount?

Yes. When you try to withdraw your PF, only the PF amount will be given to you. The Pension amount goes into a different scheme and hence is not part of the PF corpus that you can withdraw.