shrinisar
6

Dear all,
What is years criteria to get advance from EPF account. Is it 5 years or 7 years. We have submitted FORM 31 of our employee for advance from EPF against his son's marriage. He has completed more than 5 years as EPF member. Yesterday we have received letter from EPF, Kolhapur office; stating that they can not give advance as employee has not completed 7 yrs as EPF member.
Please clear me about eligible years to get advance from EPF.
Thanking

From India, Kolhapur
abbasiti
517

Dear Shrinisar,
For advance against marriage of own or son/daughter/brother/sister and post metric education of children, minimum service required is 7 years [68(K)]. For housing loan, it is 5 years [68(B)].
Abbas.P.S

From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.