What is the eligibility criteria for withdrawal of PF? One of our employees has completed 4 years. Is he eligible for a partial PF withdrawal for house renovation? Kindly provide clarification.
From India, Bengaluru
In order to get advance (part withdrawal) for construction/renovation of house heshould have completed at least 5 years as a member of PF.
From India, Kannur
Acknowledge(1)
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.