New Delhi, Oct. 3 -- The Employees' Provident Fund (EPF) allows members to withdraw full or partial funds under specific conditions. According to the Ministry of Labour, subscribers are allowed to withdraw up to 100% of eligible funds or 75% of their total provident fund balance early, for specified reasons.

As of new rules applicable from October last year, "eligible funds" comprise 75% of your EPF corpus, after setting aside the required minimum balance. Notably, the provisions for partial withdrawal were simplified by merging 13 categories down to three - Essential Needs, Housing Needs and Special Circumstances.

Further, the new rules also extend the waiting period to avail early withdrawal / premature final settlement of EPF from th...