Utility News Desk !!! All the people who work in India. All of them have a PF account. This service run by EPFO is a kind of future savings plan. Every month 12 percent of the salary is deposited in this account. On which interest is also given by the government. PF account is not only used as a savings plan for your future. But you can withdraw money from it whenever you need. For this you have to follow some rules. And some important conditions have to be fulfilled. Only after this you can withdraw money from your account. So let us tell you how many times you can withdraw money from a PF account.
Health is an important part of everyone’s life. If a PF account holder needs money urgently for treatment. So he can withdraw from the PF account. For this, Form 31 has to be submitted and along with it C certificate has to be submitted. On which the signature of the doctor and the account holder is necessary. Up to Rs 100000 can be spent on treatment at one time. Often people need money to buy a house. In this way you can withdraw money from your PF account. The necessary condition for this is that your PF account should be 3 years old. You can withdraw 90 percent of the total amount to buy a house. Let us tell you that you can avail this facility only once.
Apart from buying a house and land, if you are renovating your flat or house. So for that also you can withdraw money from the PF account. For this it is necessary that you have contributed to your PF account for 5 years. You can withdraw up to 12 times your monthly salary for renewal. You can avail this facility only twice. If you have taken a home loan and you are running out of money to pay the EMI. So you can withdraw money from the PF account for this. For this you need at least 3 years of contribution in the PF account. For this you can withdraw 90 percent of the total amount from the PF fund. Often people do not have enough money even for marriage. In such a situation, PF account can help them. Any employee can withdraw up to 50% of the marriage contribution from the account along with interest.
