PF Update: How much money can you withdraw from your PF account for marriage, and what are the rules regarding this?

A portion of your monthly salary is deposited into your PF (Provident Fund) account. These funds are generally received upon retirement. However, in certain situations, you can withdraw these funds earlier. The EPFO ​​(Employees' Provident Fund Organisation), the body that manages PF accounts, has recently changed the rules related to PF withdrawals.

These changes will significantly benefit PF beneficiaries. For example, previously, you could only withdraw money from your PF account three times for marriage purposes. Now, you can make withdrawals up to five times.

How much money can you withdraw?
According to the new EPFO ​​rules, you can withdraw up to 100% of the amount deposited in your PF account. However, you must maintain a 25% balance in your account to continue receiving interest from the EPFO.

You can withdraw money from your PF account for your own marriage or the marriage of your children.

Now, let's look at the steps you need to follow for withdrawal:

Step-by-step process
Step 1: First, go to the official EPFO ​​website.

Step 2: Log in by entering your UAN, password, and captcha.

Step 3: After logging in, click on the "Online Services" option.

Step 4: Then select the Claim Form - 31, 19, 10C & 10D option.

Step 5: Enter the bank account number linked to your PF account.

Step 6: Now select the Form 31 option for withdrawal.

Step 7: In the "Purpose for which advance is required" option, select "Marriage" from the dropdown menu.

Step 8: Scan and upload the marriage invitation card as proof.

Step 9: Finally, accept the terms and conditions and submit your application.

Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.