PF Withdrawal Guidelines

________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
Provident Fund Withdrawal / Transfer related Rules / Forms / help on Self / Family Member Marriage, Higher Education, Purchase of Flat / Plot / Site, Repayment of Housing Loan, Repair of House, EPF Withdrawal for Medical Expenses, if Company is Closed, Before Retirement etc in India in word / doc / pdf / excel Free Download

For Marriage / Education

Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-k of the Scheme
For the marriage of:
50% of Employee share at the time of tendering the application
Apply in Form-31 through the Employer
1.                  self
Should complete at least 7 years of service.

2.                  son, daughter
Bonafide Certificate duly indicating the fees payable from the educational institution
3.                  brother, sister


For education of :
3 times in the entire service
Marriage invitation card along with the 
o        self

application should be submitted through the employer            
o        son, daughter


For Treatment

Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-j of the Scheme
For the treatment of :
·         No minimum service required
6 times of Wages
Certificates of proof as mentioned in the eligibility column

1.      self


Whenever required for treatment
2.      Hospitalization for 1 month or more
·         Certificate from ESI or from Employer that the ESI facility are not available to the member
OR
Apply in Form-31 through the Employer

1.      major surgical operation in a hospital



2.      suffering from TB, leprosy, paralysis, cancer, mental derangement or heart ailment
·         a doctor [ or registered medical practitioner] of the hospital certifies that a surgical operation or hospitalization for 1 month or more is/was necessary
Full of Employee share


and having been granted leave by his employer for the treatment of said illness
(whichever is less)


2.      family( spouse, son, daughter, dependent father, mother)
·         In case of TB, leprosy ...etc., a specialist doctor should certify



1.      major surgical operation in a hospital and 1 month or more hospitalization for the operation




2.      suffering from TB, leprosy, paralysis, cancer, mental derangement or heart ailment



 
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-B of the Scheme
For the construction/ purchase of dwelling unit (house/ flat)
·         Should complete 5 Years of service
36 times of Wages
Declaration in the Proforma obtained along with application signed by Member

·         Only once in service

Only Once (either 'construction or purchase of house' or 'repayment of housing loan)
·         property should be in the name of self or spouse or jointly
Apply in Form-31 through Employer

·         should not be a joint property owned by other than the spouse

Apply in Form-31


Repayment of housing loan
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-BB of the Scheme
Repayment of housing loan
·                     Should complete 10 Years of service
36 times of Wages
Declaration in the Proforma obtained with approval and signed by the Member

·                     Only once in service

Only Once (either 'construction or purchase of house' or 'repayment of housing loan)
·                     property should be in the name of self or spouse or jointly
Apply in Form-31 through the Employer

·                     should not be a joint property owned by other than spouse

Apply in Form-31


For the purchase of site/ plot
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-B of the Scheme
For the purchase of site/ plot
·                     Should complete 5 Years of service
24 times of Wages
Filled-up Declaration(from the Employee in the prescribed form and enclosed with the application.

·                     Only once in service

Only Once
·                     property should be registered in the name of self or spouse or jointly
Copy of the Purchase Agreement

·                     should not be a joint property owned by other than spouse

 




Apply in Form-31 through the Employer
Addition/alteration of house
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-B(7) of the Scheme
Addition/alteration of house
·                     Should complete 5 Years after construction
12 times of Wages
Certificates of proof

(same type of advance can be availed for repair of house)
·                     Annexure III (construction / completion certificate/ utilisation certificate) should be submitted

Only Once

·                     Only once in service
Apply in Form-31 through the Employer


·                     property should be in the name of self or spouse or jointly

Apply in Form-31

·                     should not be a joint property owned by other than spouse

Repair of house
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-B(7) of the Scheme
Repair of house
·                     Should complete 10 Years after construction
12 times of Wages
Certificates of proof

(same type of advance can be availed for alteration of house)
·                     Annexure XIII (construction completion certificate) should be submitted

Only once

·                     Only once in service
Apply in Form-31 through the Employer
 

·                     property should be in the name of self or spouse or jointly

 

·                     should not be a joint property owned by other than spouse

Lockout or closure of the establishment
 
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-H of the Scheme
Lockout or closure of the establishment
·                     No minimum service
equivalent to the total of wages multiplied by no. of months closed
Declaration

·                     should be closed for more than 15 days

Whenever need arises
·                     Wages for atleast 2 months is not paid
Apply in Form-31
 
·                     Balance should be there in Employee's share. If closed for more than 6 months, advance can be allowed from Employer's share also

 


Withdrawal prior to retirement
Type of Advance
Purpose
Eligibility
Maximum Admissible Amount**
Proof/ documents required
Under Para 68-NN of the Scheme
Withdrawal prior to retirement
·                     No minimum service
90% of total of both shares
Certificate from the employer showing the date of retirement

·                     atleast 54 years of age

Only once
·                     1 year before retirement
Apply in Form-31
Other Advances
68L : ADVANCE IN ABNORMAL CONDITIONS
Types of Benefit
Eligibility
Eligible Amount
Form
Documentary Support
Grant of advance in abnormal conditions, Natural calamities etc.
· Certificate of damage from appropriate authority.
Rs. 5000/- or 50% of member’s own share of contribution (To apply within 4 months)
No.31
Certificate from the Appropriate Authority.
· State Govt. declaration.
68 M : ADVANCE TO MEMBER AFFECTED BY CUT IN THE SUPPLY OF ELECTRICITY
Types of Benefit
Eligibility
Eligible Amount
Form
Documentary Support
Grant of advance to members affected by cut in the supply of electricity
The advance may be granted only to a member whose total wages for any one month commencing from the month of January 1973 were 3/4th or less than 3/4th of wages for a month
Wages for a month

OR

Rs.300/-
No.31
Certificate from State Govt. regarding cut in the supply of electricity.
68 N : GRANT OF ADVANCE TO MEMBERS WHO ARE PHYSICALLY HANDICAPPED
Types of Benefit
Eligibility
Eligible Amount
Form
Documentary Support
To Physically Handicapped member for purchase of an equipment required to minimize the hardship on account of handicap.
Production of medical  certificate from a competent medical practitioner to the effect that he is physically handicapped
Basic wages+ DA for six months
or
own share of contribution with interest or cost of equipment which ever is least.
No.31
Certificate from the Medical practitioner to the effect that the member is physically handicapped..

Its a Must Download For Every Working Professional. Post your Queries as comments below.
Free Download PF Withdrawal Guidelines

No comments:

Post a Comment