Hi Fellow Members,
I have been noticing a lot of queries arising on PF and the ways to settle or withdraw our money from it. I thought, the document that is attached with this should be able to clarify a lot of our doubts regarding PF. Hope this is of benifit to one and all.
While the attached document explains the ways to withdraw money from your PF account, let me advice our young members to resist the urge to settle the PF account as its a blind saving for us which would to some extent take care of our retired life. More over our government also gives a simple interest of around 8% per annum for the fund available in the account, which is a competitive financial instrument today for safe savings.
So dont settle your PF accounts and keep transfering your account. Happy savings!!
Regards,
Muthukumar K
I have been noticing a lot of queries arising on PF and the ways to settle or withdraw our money from it. I thought, the document that is attached with this should be able to clarify a lot of our doubts regarding PF. Hope this is of benifit to one and all.
While the attached document explains the ways to withdraw money from your PF account, let me advice our young members to resist the urge to settle the PF account as its a blind saving for us which would to some extent take care of our retired life. More over our government also gives a simple interest of around 8% per annum for the fund available in the account, which is a competitive financial instrument today for safe savings.
So dont settle your PF accounts and keep transfering your account. Happy savings!!
Regards,
Muthukumar K
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