PF partial withdrawals are allowed under the following conditions:
|
Reason |
Limit |
Number of years of service |
Other conditions |
|
Marriage |
Upto 50% of employee’s share of contribution |
7 years |
Permitted for the marriage of self/child/sibling. |
|
Education |
Upto 50% of employee’s share of contribution |
7 years |
Permitted for the education of self/ children after Class 10 |
|
Purchase of land, construction or purchase of house |
For land, upto 24 times the monthly wages + DA |
5 years |
The land/house must be in the name of the employee/ spouse or held jointly. |
|
For house, upto 36 times the monthly wages + DA |
|||
|
Renovation of house |
Upto 12 times the monthly wages |
5 years |
The house must be in the name of the employee/ spouse or held jointly. |
|
Medical Emergency |
6 months’ basic pay and DA or the employee’s share with interest, whichever is lower. |
NA |
For self or family member’s treatment |