By Admin 
Employed people in India contribute to the Provident Fund Retirement Fund, a social security scheme run by EPFO, for their future. This fund provides financial help to the employee in emergency. Whereas in PF, the contribution of both the employee and the employer is included. At present the government gives 8.15 percent interest on PF account. At the same time, money can also be partially withdrawn from the PF account if needed. You can withdraw money from PF account to repay the loan, in case of any emergency or even for your marriage. In such a situation, let us now tell you how much money you can withdraw from your PF account for your wedding and what the EPFO rules say about it.
for the wedding How much money can be withdrawn from PF account?
- According to the rules of Employee Provident Fund Organization, an employee can withdraw money from the PF account to spend on his own wedding. However, to withdraw money from the PF account for one’s own marriage, the employee has to fulfill certain conditions.
- To withdraw money from PF account for one’s marriage, an employee has to complete at least 7 years of service.
- Apart from this, the employee can withdraw only 50 percent of the total amount deposited in the PF account for his marriage. An employee cannot withdraw the entire amount from the PF account at once for marriage.
- Employees can withdraw money from their PF account for their own marriage and the marriage of their family members. However, for this, permission is given to withdraw 50 percent of the money deposited in the account only three times.
How to withdraw money from PF account?
1. To withdraw money from PF account, first of all you have to go to the official website of EPFO https://unifiedportalmem.epfindia.gov.in/memberinterface.
2. After this, you will have to login to the website by entering UAN number and password.
3. Now you will have to go to the online service and select the claim option.
4. After this, after entering the last four digits of the bank account number and signing the certificate, you will have to click on Proceed to Online Claim.
5. Now you have to enter the number you want to withdraw and upload the scanned copy of bank passbook or cheque.
6. Claim has to be submitted after address verification and entering OTP.
7. Once the claim is submitted and the employer’s permission is received, the money will be transferred to your account.
Also read-Burqa Ban: Demand for burqa ban raised in Sweden, know which countries already have ban