If you lose your job, will you get interest on your PF account or not?

PF Account: If you work, then this news is for you. If you work, then every month, some amount from your salary goes into the PF account. But if you leave the job, what will happen to the money deducted from your salary, and what about its interest in this article?

PF Account: If you work, then you must have a PF account. In which some part of your monthly salary is deposited and the company also contributes.

Many people want to know that if you lose your job, will you still continue to get interest in the PF account. In this article today we are going to tell you about this.

If you change your job

Even if you change your job, your PF account remains active and PF starts getting deducted and deposited from your other company's salary. But what will happen if you do not work anywhere else.

What is the rule

PF account is managed by the Employees Provident Fund Organization (EPFO). For this, EPFO has made many rules, according to which if you lose your job and you do not work anywhere else. In such a situation, no amount will be deposited in your PF account. Along with this, you will get the benefit of interest only for 3 years, after this you will stop getting the benefit of interest.

How much money can be withdrawn from PF account after losing job?

You can withdraw money from your PF account after losing job. After 1 month of losing job, you can withdraw 75 percent amount from PF account and after 2 months you can withdraw the entire amount of your PF account.

Disclaimer: India Employment News does not give any suggestion for any purchase or sale related to stock market. We publish market related analysis quoting market experts and brokerage companies. But take market related decisions only after consulting certified experts.