Refundable Loan From EPFO.. CiteHR

TMRao Started The Discussion:

Hi Seniors,

Wish you all a happy Pongal.

One of my employee is asking for refundable loan from EPFO.
To my knowledge this facility is not there?
If any body can update or through some light on this subject, I will be very very greatful to them.
Kindly help me.


abbasiti -  Member Since: May 2010
Dear T.M.Rao,

Yes, you are right. As far as the EPFO is concerned, all existing loans are non-refundable. But the exempted Trusts may provide refundable loans with an interest of 1% additional (than the interest on deposit).



  • Do not post anything derogatory about any company or person.
  • Sharing articles from other websites should be done by posting a link to the original article.
  • To discuss sensitive issues create a pseudo/anonymous account.
  • Please avoid repeat posting your company profile - such accounts are removed automatically.
  • Found This Useful? +Vote Up This Via Google.  

    Why Vote? User validation is extremely important for good content to prosper.
    Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

    Cite.Co helps people come together to solve each other's problems on all aspects of professional life.
    Share This Discussion:

    3M Users, 100K+ Documents & 450K+ Discussions
    About Us - Advertise - Contact Us - RSS   On Google+  
    All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
    Privacy Policy | Disclaimer | Terms Of Service
    Facebook Page | Follow Us On Twitter | Linkedin Network