EPFO provides the facility of advance money keeping in mind the different needs of its subscribers. Apart from the condition of illness, EPFO also provides advance to its subscribers for marriage.
Under this, EPFO subscribed employee can get marriage advance from his EPF account for his own, his brother’s sister’s, son’s daughter’s marriage. The most special thing about EPFO’s marriage advance is that the member does not even have to return it.
What are the conditions for marriage advance
- To get marriage advance from EPF account, the member must have completed 7 years of membership in PF fund.
- The amount of his contribution including interest in the member’s PF account should be Rs 1,000 or more.
- The member should not have taken advance for marriage or post-matriculation education more than 3 times.
If a member fulfills these three conditions, then he can take marriage advance from his PF account. Under marriage advance, the member can get 50 percent of his contribution including interest in his PF account as advance.
Form 31 has to be filled for marriage advance.
EPF subscriber has to fill Form 31 to get marriage advance from PF account. You can fill this form on the EPFO website as well as on the Umang mobile app by entering your required details. Let us tell you that there is no need to attach any kind of certificate along with Form 31 to get marriage advance.
Be careful while filling Form 31
While filling Form 31 for marriage advance, keep in mind that there should not be any mistake in it. Apart from this, you also have to take special care that the information given by you in the form is absolutely correct. It is also very important to check the data coming under auto-fill.