Hi Team, I'm an employee of Gap Inc. and have been with the company for more than 5 years now. I need to know if it's possible to withdraw EPF even while I'm working with the same organization. If yes, then what is the process of doing so, and how long does it generally take?
Appreciate your help.
Regards,
Gaurav
From India, Mumbai
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Appreciate your help.
Regards,
Gaurav
From India, Mumbai
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You may apply for the withdrawal of the EPF balance amount in your account using Form-31. This is permissible only after 7 years of service for reasons such as education, marriage of children, building of a house, etc. There is no time limit for withdrawal on medical grounds. The total balance amount of the employee's share only may be withdrawn.
Regards
From India, Delhi
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1Regards
From India, Delhi
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Please go through the attached file for details on EPF withdrawals. Feel free to post your query if you need any clarification. Normally, if you send Form F-31 along with the required documents through your employer, it will take 45 to 60 days for sanctioning.
Regards,
S. Sethupathy
Excellent HR Services
Erode
From India, Coimbatore
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Regards,
S. Sethupathy
Excellent HR Services
Erode
From India, Coimbatore
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PROCESS FLOW FOR EPF E-NOMINATION.pd f
EPF Withdrawals-Rea sons & Process.docx