Dear Sumit,
The context is absolutely wrong. An employee can withdraw his PF even during his continuation of service with the respected organization. The type of availability is called advance and the form used is PF Form 31. A member of the fund may avail the following non-refundable in advances.
1.Purchase of the Dwelling site
2.Purchase of Dwelling-house/Flat
3.Construction of a House
4.Addition, Alteration, or Improvement to the House Owned by member or by Spouse
7. Non-receipt of wages for 2 months
8. Illness of family member
9. Marriage of Self/Son/Daughter/Sister/Brother
10. Post-Matriculation Education of Son/Daughter
11. Damage to the property due to Natural Calamity
12. Affected by cut in electricity
13. Purchase of Equipment for physically Handicapped Member.
Thanks & Regards,
Maninder Singh
Manager - HR
The context is absolutely wrong. An employee can withdraw his PF even during his continuation of service with the respected organization. The type of availability is called advance and the form used is PF Form 31. A member of the fund may avail the following non-refundable in advances.
1.Purchase of the Dwelling site
2.Purchase of Dwelling-house/Flat
3.Construction of a House
4.Addition, Alteration, or Improvement to the House Owned by member or by Spouse
5.Repayment of (Housing Loan to State Govt. Housing Board, Municipal Corporation or a Body similar to Delhi Dev. Authority
6.Closure/Lockout of the Factory & Establishment, for reasons other than Strike; 7. Non-receipt of wages for 2 months
8. Illness of family member
9. Marriage of Self/Son/Daughter/Sister/Brother
10. Post-Matriculation Education of Son/Daughter
11. Damage to the property due to Natural Calamity
12. Affected by cut in electricity
13. Purchase of Equipment for physically Handicapped Member.
Thanks & Regards,
Maninder Singh
Manager - HR