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You can withdraw 90% EPF to buy home, pay EMI from account

You can withdraw 90% EPF to buy home, pay EMI from account

Over four crore subscribers of the retirement fund body EPFO can now make down payment and pay EMIs from their EPF accounts to buy homes.

You can withdraw up to 90% of EPF fund to buy home: Key points

You can withdraw up to 90% of EPF fund to buy home: Key points

Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 percent of their fund for making down payments while buying homes.

Govt to amend EPF scheme to enable members buy homes

Govt to amend EPF scheme to enable members buy homes

Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 percent of their fund for making down payments while buying homes, Parliament was informed on Wednesday.

EPFO introduces common form for different types of withdrawal

EPFO introduces common form for different types of withdrawal

Subscribers of retirement fund body EPFO can now withdrawal money from their PF account using one common form and will not be required to file documents like marriage invitation cards for taking advances.

EPFO told to hold clubbing of allowances for PF deduction

"EPFO has got a letter from the Labour Ministry asking it not to go ahead with clubbing of allowances with basic pay. The EPFO will soon issue a notification," a source said.

EPFO approves Rs 1,000 minimum monthly pension

Trustees of retirement fund body EPFO Thursday approved a proposal to provide a monthly pension of minimum Rs 1,000, a decision that will immediately benefit about its 28 lakh pensioners.

EPFO trustees meet on Feb 5 to make Rs 1,000 pension a reality

Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.

EPFO settles over 96% claims filed in Apr-Jul in set 30 days

Retirement fund body EPFO has settled 96.11 percent of the claims filed during April-July this year within the mandated 30 days period as per their citizen charter.

EPFO puts on hold decision to make Aadhaar must for new account

Retirement fund body has decided to put on hold the decision to make it mandatory for new members joining EPF scheme to provide Aadhaar number as credential for enrolment from March 1, 2013.