India's economy is completely shattered in the havoc of Corona. Its effect is seen in every region. At the same time, directly or indirectly, the livelihood of many people has been affected. In such a situation a money problem has arisen in front of a section of the working people. In view of this, the Employees' Provident Fund Organization (EPFO) has recently announced some measures for its subscribers. The EPFO has recently amended the rules to ensure that any PF subscriber can withdraw money from his PF balance due to Covid-19.
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PF account holders can withdraw up to 75% of the PF balance (employee's share and employer's share) or up to three months basic salary and dearness allowance, whichever is less. Apart from this, the department has also given Aadhaar card the status of a valid document for amending the date of birth. Apart from this, EPFO has issued several guidelines to speed up the PF withdrawal process as well. Follow these steps to remove PF in an emergency.
1. Login to the member portal of Unified Portal through your UAN and password.
2. Click Claim under Online Services.
3. Verify the last four digits of your bank account and proceed to the online claim process. 5. Select COVID-19 from the drop-down list in the objective.
6. Enter the amount you want to withdraw and then upload the scan copy of your check and enter the address.
7. Click on the option to get Aadhaar OTP.
8. Intercept the OTP received on the mobile and submit it.
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