How to Withdraw PF Partially Online 2024 || PF Advance Withdrawal Process 2024 || HR Tutorials India 

How to Withdraw PF Partially Online 2024 || PF Advance Withdrawal Process 2024 || HR Tutorials India || PF Withdraw. Watch the video till the end to find out the full details. Stay connected to "HR Tutorials India" for more interesting videos.
This is a practical video to help employees claim their Partial or Advance PF withdrawal while in employment. This video explains the Partial or Advance PF withdrawal process 2024 in very easy steps with a real life example. All questions relating to PF advance are covered in this video with a practical approach.
Employees’ Provident Fund (EPF), also referred to as PF (Provident Fund), is a mandatory savings cum retirement scheme for employees of an eligible organization. The employees can fall back on the corpus of this fund post-retirement.
As per the EPF rules, the employees must contribute 12% of their basic pay every month to this fund. The employer contributes a matching amount to the employee’s PF account. The amount deposited in EPF accounts earns interest on an annual basis.
Employees can withdraw the entire sum accumulated in their EPF once they retire. However, this article explains how one can make premature withdrawals from the EPF account after meeting certain conditions.
PF Partial Withdrawal: Partial withdrawal of EPF balance can be made only under certain circumstances. The limit of withdrawal is also different for different circumstances.
The EPFO has come up with an online withdrawal facility, which has made the entire process more comfortable and less time-consuming.
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