New Delhi, Oct. 31 -- Subscribers of the Employee Provident Fund Organisation (EPFO) are now allowed to withdraw the maximum eligible funds, including the employee and employer shares, as per a Labour Ministry release last year.

The EPFO's Central Board of Trustees (CBT) approved the simplified withdrawal rules, which allow EPF members to access up to 75% of their total corpus, with mandatory requirement to keep at least 25% of the funds untouched as a buffer.

EPFO members are allowed to withdraw up to 100% of eligible funds i.e. 75% of their provident fund balance, after setting aside required minimum balance. Partial withdrawal provisions were simplified in October last year by merging 13 provisions into the three categories - Essenti...