EPFO members can now make partial withdrawals from their PF accounts for reasons such as house purchase, illness, marriage, or children’s education. For this, it is necessary to link UAN, Aadhaar, bank account and PAN with the EPFO database. Application can be made online by filling Form 31.
Partial Withdrawal: If you are employed and you have a good balance in the Employees Provident Fund Organization (EPFO), then you can withdraw some part of it if needed. EPFO allows partial withdrawal in cases like buying a house, marriage, illness or children’s education. For this, you have to fulfill some conditions and go through an online process. Let us know how to make partial withdrawal from PF and what things are important to keep in mind for this.
When can I make partial withdrawal?
EPFO members can withdraw money from PF under several circumstances. These include situations like buying a house, illness, marriage, children’s education, factory closure etc. Apart from this, partial withdrawal can also be made for investment in Senior Citizen Pension Insurance Scheme after the age of 54 or one year before retirement after the age of 55.
Conditions required for partial withdrawal
- Your UAN (Universal Account Number) should be active and the mobile number linked to it should be active.
- Your Aadhaar card should be linked with EPFO database and OTP verification should be possible.
- Bank account and IFSC code should be linked with EPFO.
- If the tenure of job is less than 5 years then PAN card should also be linked.
- Date of joining should be present in the EPFO records.
Process of online application
For partial withdrawal from EPFO, first you have to go to the EPFO website and login with your UAN and password. After this, you have to check your KYC and service details to ensure that all the information is correct and complete. After login, go to the claim option and select Form 31, which is for partial withdrawal. In the last step, verification has to be done with the OTP received on the mobile number linked to UIDAI and then the claim has to be submitted.
