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Wishing you all a happy Pongal. One of my employees is asking for a refundable loan from EPFO. To my knowledge, this facility is not available. If anybody can provide an update or shed some light on this subject, I would be very grateful. Kindly assist me.

Regards,
TMRao

From India, Hyderabad
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Yes, you are right. As far as the EPFO is concerned, all existing loans are non-refundable. However, exempted Trusts may provide refundable loans with an interest rate of 1% higher than the interest on deposit.

Regards,
Abbas P.S.

From India, Bangalore
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