EPFO: Can you withdraw full 100% of your provident fund savings? Here are the rules, conditions and top FAQs explained
New Delhi, June 26 -- EPFO withdrawal rules explained: Over seven crore subscribers of the Employee Provident Fund Organisation are now allowed to withdraw maximum eligible funds, including employee and employer share, as per a Labour Ministry release last year.
The EPFO's Central Board of Trustees (CBT) on 13 October approved the simplified withdrawal rules, which allow EPF members to access between 50-77% of their total corpus. You are mandated to keep at least 25% of the funds untouched as buffer, as per the release.
EPF subscribers will be able to withdraw up to 100% of the "eligible balance" from their provident fund account. Here, eligible balance is the amount in your EPF account that remains after accounting for the required min...
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