AFFIDAVITS
P F Withdrawl Affidavit
Withdrawal from the Employee Provident Fund is possible only on meeting the certain criteria specified by the EPFO. Person wishing to withdraw from employee provident fund must submit required documents and should also be eligible for withdrawal. Withdrawal of EPF is only possible after you have completed five years of service and also only for certain occasions and withdrawal amount is only partial. Situations where you can withdraw Employee Provident Fund is for your marriage, your children or your siblings or for education. If one has completed at least a minimum of 7 years of service, then he/she is eligible to withdraw 50% of the contribution and this can be done 3 times in his/her service life. Employee Provident Fund can be withdrawn for medical treatment for yourself or for your family, that is your spouse, children, or your parents who are dependent on you and this amount should equal or less than 7 times of your salary. Withdrawal can also happen for repayment of home loan after you have completed 10 years of service. Also to repair your house that is 10 years older and withdrawal can be up to 12 times your salary.
