One of my staff wants to take a PF Loan. As I know, a person who has completed 5 years of experience can take a PF Loan. But I wanted to know the procedure for getting a PF Loan. If there are any amendments now, please let me know. Please help me; it's urgent.
Thanks & Regards,
Shivananda VD
From India, Bangalore
Acknowledge(0)
Amend(0)
8Thanks & Regards,
Shivananda VD
From India, Bangalore
Acknowledge(0)Amend(0)
One can avail a loan/advance from the PF accumulations definitely on the following grounds:
PF Advance Against Purchase of Land/Building/Flat:
A. For this, you have to complete 5 years of membership under PF.
B. Apply in Form 31 with necessary enclosures like Xerox copies of land/building documents, etc., and a Xerox copy of the first page of your savings bank account passbook.
C. Apply the same through your Personnel/HR Department.
PF Advance for Marriage of Self/Brother/Sister/Daughter or Son:
A. For this, you have to complete 7 years of membership under PF.
B. Apply in Form 31 with necessary enclosures like the marriage invitation and a Xerox copy of the first page of your savings bank account passbook.
C. Apply the same through your Personnel/HR Department.
From India, Madras
Acknowledge(0)Amend(0)
PF Advance Against Purchase of Land/Building/Flat:
A. For this, you have to complete 5 years of membership under PF.
B. Apply in Form 31 with necessary enclosures like Xerox copies of land/building documents, etc., and a Xerox copy of the first page of your savings bank account passbook.
C. Apply the same through your Personnel/HR Department.
PF Advance for Marriage of Self/Brother/Sister/Daughter or Son:
A. For this, you have to complete 7 years of membership under PF.
B. Apply in Form 31 with necessary enclosures like the marriage invitation and a Xerox copy of the first page of your savings bank account passbook.
C. Apply the same through your Personnel/HR Department.
From India, Madras
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Procedure for PF Loan.doc
PF Amendments.zip
Employees' PF Appellate Tribunal Procedure Rules 1997.pdf