what is the percentage of the EPF that can be withdrawn at a time??
7th March 2005 From India, Mumbai

Ed Llarena, Jr.
Owner/ Managing Partner
Hr Executive
Ravi Shankar
Accounts Manager
+1 Other


An Employee Provident Fund (EPF) is supposed to be governed by very specific policies from the on-set of its creation. Issues like employee contribution, management or company counterpart/ share, member entitlements, withdrawals, membership termination, etc. are supposed to be the first things that should be addressed when it is created and starts operation.

Of course, there are organizations that start an EPF without them.

I have seen some organizations whose fund has grown so big, yet safeguards for the EPF is vague. That's why sometimes there are fraud in the management of such funds, esp when the laws are silent and/ or there is no government body that supervises or has oversight function over its operation/ admdinistration.

I suggest you create formal policies for your fund before it becomes too late.

My outfit especialises in the set-up of cooperatives, non-stock savings and loan associations, and provident funds. We can help you develop a complete policy manual for it.

Get in touch should you be interested.

Best wishes.

Ed Llarena, Jr.

Managing Partner

Emilla Consulting

8th March 2005 From Philippines, Parañaque
Provident Fund is meant for, I believe, to safeguard the life of the employee and his/her family after his/her retirement. However, the Act has also given some flexibility to withdraw money for a specific purposes like construction of House, marriage etc. Dependig on the amount saved with the provident fund, amount can be withdrawn not more than 50%.
23rd April 2005
Hi Ed Llarena
Can you pls let us know how to set-up cooperatives, non-stock savings and loan associations, and provident fund, pls explain each of them. i wish to do this for our employees.
25th April 2005 From India, Hyderabad
how much % of epf is allowed to be withdrawn for purchase of new house, and can i know how much i hv completed with epf by entering my pf account no?
25th May 2005
Can i know what is the minimum amount of salary PF is paid?(For example if an employee's salary is Rs.1000.Is PF paid to him)
Can a person withdraw his PF amount all at once or there are any limits for that? After resigning an organization , at what particular period he becomes eligible for withdrawing PF amount?
Thank you
9th June 2005 From India, Hyderabad
Hi All, I am attaching a PPT for clarifying all the things related to Provident Fund. Hope this will clear all the quarries about PF in India for Private Sector. Regards Ashok kumar
10th June 2005 From India, Gurgaon

Attached Files
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File Type: ppt know_your_p.f-ak.ppt (93.5 KB, 3049 views)
regarding pf withdraw,
for purchasing a site, employee can withdraw basic+da 24 months or actual value for that site or employees contribution with interest.
Employee should put up minimum 5 years service to withdraw the fund.
for purchasing a house, employee can withdraw basic+da 36 months or actual value for that site or employees contribution with interest
2nd July 2005 From India, Madras
Dear All,
I am working in sea food ( pron export) organisation. I want to know the minimum no. of employees for P.F applicability. Here is also rules of 20 or 10 minimum employees. Kindly clarify me
Thanks & Regards
26th December 2009 From India, Calcutta
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