Dear,
Yes it is possible to withdraw P.F amount from EPF department, if you have more than 5 years continous service by using form no. 31 (advance form).
Types of BenefitEligibility Eligible Amount Form Documentary Support
The purchase of site for construction of house
5 Years of membership of the Fund (Minimum balance in member’s a/c should be Rs. 1000/-)
* The purchase should be in favour of member or member & spouse.
l 24 months wages (Basic & DA)
OR
l Member’s own share of contribution + Company’s share of Contribution with interest thereon
No.31
A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)
The Construction of House
5 Years of membership of the Fund
(Minimum balance in member’s a/c should be Rs. 1000/-)
* The purchase should be in favour of member or member & spouse.
l 36 months wages (Basic+DA)
OR
l Members own share of contribution + Company’s share of contribution with interest thereon
No.31
A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)
The purchase of dwelling flat
5 Year of membership of the Fund
(Minimum balance in member’s a/c should be Rs. 1000/-)
* The purchase should be in favour of member or member & spouse.
l 36 months wages (Basic+DA)
OR
l Members own share of contribution + Company’s share of contribution with interest thereon
No.31
A declaration from the member that, dwelling site or dwelling house/flat or the house under construction is free from encumberances and the same is under the title of the member or the spouse (notification dated 25.2.2000)
Additions, Alterations or improvements to the dwelling house
5 years from the date of completion of dwelling house
12 months basic or members own share of contribution with thereon.
No.31
Vipul Johri