Dear all,
What is the criteria for years to get an advance from the EPF account? Is it 5 years or 7 years? We have submitted FORM 31 of our employee for an advance from EPF for his son's marriage. He has completed more than 5 years as an EPF member. Yesterday, we received a letter from the EPF Kolhapur office stating that they cannot give an advance as the employee has not completed 7 years as an EPF member.
Please clarify the eligible years to get an advance from EPF.
Thank you.
From India, Kolhapur
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7What is the criteria for years to get an advance from the EPF account? Is it 5 years or 7 years? We have submitted FORM 31 of our employee for an advance from EPF for his son's marriage. He has completed more than 5 years as an EPF member. Yesterday, we received a letter from the EPF Kolhapur office stating that they cannot give an advance as the employee has not completed 7 years as an EPF member.
Please clarify the eligible years to get an advance from EPF.
Thank you.
From India, Kolhapur
Acknowledge(0)Amend(0)
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Introduction Of One Employee One EPF Account Facility.pdf