EPF Withdrawal: How To Withdraw PF

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Withdraw PF

EPF or Employees Provident Fund consists of contributions made by an employer/s and an employee. EPF earlier were tax-free. PF accounts remained operative even though an employee did not transfer his/her account after resigning from a company. However, this benefit has not been applicable since November 2017, as tax-exemption on interest earned after an employee quit has been ruled out. Employees now have to transfer their PF accounts to the new company or withdraw their account to avoid being taxed. This article is aimed at educating people as to how they can withdraw PF.

A provident fund acts as a financial certainty and safety for salaried employee’s working in the private and public sectors. Provident Fund (PF) involves contributions from both the employer as well as the employee. The salary of an employee is deducted on a monthly basis and redirected towards the account. In addition, the employer would contribute the same amount of money to the employee’s account that the latter provides. There are several types of PF which include

  • Public Provident Fund (PPF) for the public
  • Employee’s Provident Fund (EPF) for private employees
  • General Provident Fund (GPF) for Government Employees.

This article concentrates on techniques to withdraw Employee Provident Fund.

When are you eligible for PF?

  1. To be eligible for EPF withdrawal, you need to retire from service after you attain an age of 58 years, or when you are close to retirement.
  2. However, this is not compulsory in all cases. You also have the provision of withdrawing your EPF funds before attaining 58 years if you are unemployed for 60 days (or) unemployed for 2 months. Also, you can withdraw your P after resigning from your current job.
  3. In addition, you can also withdraw PF along with EPS if you have worked for a period of 10 years and not later on. Once you cross the milestone of 10 years, you are assured to get pension benefits.

In addition to the above-mentioned points, you can avail your PF benefits for different occasions. These occasions include marriage, education, medical and home loan repayment services. Additionally, you can also avail your PF in case you need to purchase land or construct a house or renovate your existing home.

However, you must meet a set of eligibility criteria to avail the benefits for the occasions mentioned above.


Purpose Years of Service Required Withdrawal Limit Relation to the account holder
Education 7 years Up to 50% of employees share EPF contribution For your own education or your children/s after class 10
Home loan repayment 10 years Till a maximum of 90% from EPF which includes both employee and employer’s contribution The property must be registered in your name or spouse or jointly.

The total amount accumulated in the PF account including interest must amount to more than INR 20,000.

Marriage 7 years Up to 50% of EPF which contains only employee contribution. The PF can be availed either for the marriage of self, your son/daughter, or your brother/sister
Purchase of land/purchase or construction of a house 5 years For house: till 36 times of monthly wages + Dearness allowances

For land: till 24 months of monthly wages+ Dearness Allowances

The asset should either be in your name (or) spouse (or) should be held jointly
Renovation of House 5 years Upto 12X monthly wages The property should be registered either in your name (or) spouse (or) jointly
Prior retirement Once you reach 57 years Upto 90% of the accumulated balance with interest Only for you.
Medical Treatment None 6X your monthly salary or total corpus Self, parents, your spouse or children

How To Withdraw PF?

Withdraw PF with Aadhar:

You need to merge all your PF accounts before starting the withdrawal process. This is because your total service in the present company and all your previous companies will be taken into account/consideration while withdrawing EPF. Hence it is advisable to merge all your PF accounts before withdrawal. Upon merging, please follow the steps if you wish to use Aadhar for withdrawing PF.

  1. As pre-requisites, you first need to submit a Form 11 to the employer and activate your Universal Account Number (UAN).
  2. Once the form is submitted, update your Aadhar Card number and bank account details on the UAN site.
  3. Once you complete the above two steps, you have to fill up and submit a Composite Claim Form at the EPFO Office. There is no obligation for you to submit an attestation of claim form which is issued by employers.
  4. In addition to submitting the form, you must provide/submit a canceled cheque of the bank where your account is held. This is to ensure that the PF balance is sent directly to your bank account.

Forms Required:

  1. There are different withdrawal processes for withdrawing your EPF. You can choose the best one depending on your current scenario.
  2. You can opt for withdrawing your PF balance and EPS amount with below 10 years of work service. In such cases, please choose “Final PF balance” and “Pension Withdrawal” options in the composite claim form to get your EPS amount.
    In addition, if you plan on rejoining the company, you may select “scheme certificate” option along with Form 10C.
  3. However, if your service is above 10 years, your EPS amount cannot be withdrawn. You can only issue the “scheme certificate” along with Form 10C alongside the composite form. You can avail reduced pension at age 50 (provided you complete 10 years of service) and full pension when you turn 58.
  4. Also, you can withdraw PF balance and full pension after attaining the age of 58.
  5. The form you need, if you wish to withdraw your balance and partial pension and are between 50 to 58 years old with 10 years of work experience is Form 10D

Withdrawing PF without Aadhaar:

You are eligible to withdraw your PF even though you don’t have an Aadhar card. However, you need to your PF number to withdraw your PF. You can follow the steps mentioned below in case you don’t have an Aadhar number, but wish to withdraw PF.

  1. You need to fill out a Composite Claim Form (non-Aadhaar).
  2. In case your service period is less than 5 years, you must provide your PAN number in addition to two copies of Form 15G/15H.
    1. SBI 15G Form
    2. PNB 15G/15H Form
    3. ICICI 15G form
    4. Karur Vysya Bank 15G/15H Form
    5. DBS Bank 15H form
    6.  HDFC 15G Form
  3. UAN is applicable only if available.


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