When Pf Can Be Withdrawn?

To meet short-term needs, partial early withdrawal from EPF is permitted on certain conditions but to withdraw the full corpus, the subscriber must be at least 58-year old. Also, one can withdraw up to 90 per cent of one's corpus, at the age of 54 years, 1 year before retirement.

Can I withdraw my PF immediately after resignation?

You cannot apply for withdrawal of EPF account balance immediately after your resignation from a company. If you chose to withdraw your money in the PF account before completion of 5 years, you will liable to pay tax on the amount.

Can I withdraw full PF amount?

An individual's PF amount can be withdrawn either completely or partially. To withdraw said amount completely, the individual needs to be either retired or be unemployed for a period of more than two months. Upon which, the amount can be withdrawn pending an attestation from a gazetted office.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.