Dear Members,
Please advise me on how I can take an advance from my EPF account. Also, kindly inform me which forms need to be filled out for the advance for the construction of a house.
Regards,
Dharam Singh
dsb_1968@yahoo.co.in
From India, Chandigarh
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Please advise me on how I can take an advance from my EPF account. Also, kindly inform me which forms need to be filled out for the advance for the construction of a house.
Regards,
Dharam Singh
dsb_1968@yahoo.co.in
From India, Chandigarh
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If you have at least five years membership in PF you can take advance for construction of house. Apply in form 31. Regards, Madhu.T.K
From India, Kannur
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4526From India, Kannur
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Dear Dharam & Raj,
Below are some of the circumstances when one can withdraw a loan from the EPF fund:
1. Separation from the Company (Resignation / Termination)
2. Withdrawal from the Fund in case of purchase of site, construction of house; minimum contribution period should be 5 years.
- Advance for repayment of loans; minimum contribution period should not be less than 10 years.
- Advance for serious illness.
- For self/son/daughter marriage; minimum 17 years of contribution to the Fund.
- Natural calamities.
3. In case of death.
I hope it is clear to you now.
Regards,
Amit Seth
From India, Ahmadabad
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Below are some of the circumstances when one can withdraw a loan from the EPF fund:
1. Separation from the Company (Resignation / Termination)
2. Withdrawal from the Fund in case of purchase of site, construction of house; minimum contribution period should be 5 years.
- Advance for repayment of loans; minimum contribution period should not be less than 10 years.
- Advance for serious illness.
- For self/son/daughter marriage; minimum 17 years of contribution to the Fund.
- Natural calamities.
3. In case of death.
I hope it is clear to you now.
Regards,
Amit Seth
From India, Ahmadabad
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Dear Amit, Advance from PF for marriage is availabl;e if the employee has at least 7 years (not 17 years) of membership. Please correct if I am wrong. Regards, Madhu.T.K
From India, Kannur
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From India, Kannur
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1. What is MIS? How many MIS reports are there? What are the benefits of MIS in an organization? Interview questions please.
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From India, Hyderabad
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2. What is the skeleton of Accounts? Could you sketch a diagram? (Interview question for Assistant Manager)
From India, Hyderabad
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