EPF News

Money

EPF rule change: Now you can claim partial withdrawal up to ₹1 lakh for medical treatment

The Employees’ Pension Fund Organisation (EPFO) has deployed the change in the application software on April 10 this year. The rule change has received the nod of Central Provident Fund Commissioner, the circular issued by pension fund body informs.

1 min read17 Apr 2024
Web Stories

EPFO pension rules: 5 essential factors you need to understand

Did you know reaching age 58 alone doesn't guarantee eligibility for a monthly pension under the Employee Pension Scheme? Here are the essential factors you should know about the EPFO pension rules.

1 min read17 Apr 2024
Money

EPF: How to know your UAN? A step-by-step guide

UAN works like a common identification for subscribers who may have worked under multiple employers in quick succession one after the other. This, effectively, means subscribers can have numerous member IDs allotted by as many employers but only one UAN.

1 min read16 Apr 2024
Money

EPFO Pension Rules: 5 key things you need to know for financial security

Meeting the EPFO's requirement of 10 years of service is essential, but merely reaching the age of 58 doesn't automatically qualify an individual for a monthly pension under the Employee Pension Scheme.

1 min read15 Apr 2024
Money

How to merge multiple EPF account UANs? A step by step guide

Consolidating UANs requires notifying the EPFO and subsequently transferring funds from your inactive UANs to your active UAN.

1 min read15 Apr 2024
Money

Considering repaying home loan with EPF savings? Here's what you need to know

Utilizing your EPF for home loan repayment is a significant decision. It’s crucial to carefully consider the advantages and disadvantages before committing to one.

2 min read14 Apr 2024
Money

EPF passbook: How to withdraw EPF balance online? A step by step guide?

EPF withdrawal: The EPF subscriber can apply for partial withdrawal for a range of purposes which include marriage of self or child, medical needs, house purchase, home loan repayment, or house renovation

2 min read13 Apr 2024
Money

EPF: Automatic transfer from old to new job. All you want to know

The UAN (Universal Account Number) and aadhaar given by the new employer to the PFRDA must be the same as what the pension fund authority has in its records. Additionally, the mobile number must already be linked to the UAN in order for the automatic transfer to take place.

1 min read11 Apr 2024
Money

Employee Provident Fund (EPF): New EPFO rules effective from today that you should know

EPFO's new rules enable the automatic transfer of old PF balance to the new employer, eliminating manual requests

2 min read3 Apr 2024
Money

How to avoid rejection of EPF withdrawal claim; here are steps to take

Many people encounter challenges when trying to withdraw their EPF funds. One common reason is the rejection of EPF claims due to discrepancies between the details in the EPFO records and the information provided by the EPF account holders, or incomplete KYC records.

3 min read27 Mar 2024
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