EPFO: Here is the complete list of how much money can be withdrawn from EPFO ​​for which purpose...

PF Withdrawal Rules: 12% of the contribution is deposited into the Provident Fund (PF) account every month by both the employee and the employer. This money serves as a savings for your future security, and the government also pays interest on it. However, if you suddenly need money, you can withdraw from your PF account. Let's explore the various purposes for which you can withdraw money from your PF account and the permitted withdrawal limit, according to EPFO ​​rules.

Withdrawal for Home Purchase or Renovation
If you want to purchase a home or renovate an old one, the EPFO ​​allows you to withdraw funds for this purpose as well. In this case, you can withdraw up to 90% of the total amount deposited in your PF account over five years.

Withdrawal from EPFO ​​for Children's Education
You can also withdraw money from your PF account for your children's education. This facility is very useful for families who struggle to pay their children's school or college fees. In this case, you can withdraw up to 50% of the seven-year deposit amount.

Withdrawals for Wedding Needs
Marriage is a major expense, and the EPFO ​​helps with this expense. You can withdraw up to 50% of your seven-year deposit amount for your wedding or that of a family member. Additionally, you can also use this facility for your sibling's wedding.

EPFO Withdrawals for Treatment and Medical Expenses
Withdrawing funds from the EPFO ​​for emergency health-related expenses is the easiest and most important option. Whether for your own treatment or that of a family member, employees can withdraw up to 6 times their monthly salary (basic + DA), whichever is lower.

Withdrawals from the EPFO ​​in the Event of Unemployment
If you suddenly lose your job and remain unemployed for more than a month, the EPFO ​​allows you to withdraw up to 75% of your monthly salary after remaining unemployed for more than one month. The remaining 25% can be withdrawn after remaining unemployed for more than 2 months.

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