I am payal singh , working as Hr executive in TRDP Happy World Pvt. Ltd. . sonepat, Haryana .
I would like to ask about home loan provided by EPF .
what is the elgibility for taking home loan , like time period in epf required for taking home loan from epf.
what is the rate of interest epf charges .
what is the limit of home loan a person can take according to his salary.
For how long loan period can be extended .
kindly inform me the set rules of epf for providing home loan to employees.
Payal Singh

From India, Delhi
EPFO is not giving any Home Loan.
You can able to apply for "PF Advance" - For refund of outstanding principal and interest of a home loan. Eligibility criteria is you should have completed 10 years of EPF Service.
You can avail 36 month's basic(+da) salary or all pf money (including employee share, employer share and interest) or total loan outstanding, whichever is least. They will pay directly to the Agency. Note: Your EPS Money will continue.
Please contact your local PF Office for further details.

From India, Chennai

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