The Employees Provident Fund Organization has taken several initiatives to ease the difficult times of Corona lockdown. On the one hand, while the reliefs have been provided to the employees, on the other hand companies have also been given concessions. On Wednesday, PF Commissioner Manoj Kumar Yadav of Dehradun informed about all the facilities including Covid Advance amid Corona lockdown. He also answered the questions asked during this time.
What is kovid advance
Under Covid Advance, PF can withdraw 75% of the fund's balance or equal to three months salary. If someone's salary is Rs 10 thousand per month and his PF balance is Rs 1 lakh, then 75 thousand rupees according to 75% and 30 thousand rupees according to salary, then you will get 30 thousand rupees. Two to three days are taken from EPFO for PF withdrawal.
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Apply from Umang app or website
The Umang app is the easiest option for PF withdrawal. This is the simplest. One can fill online withdrawal form on EPF India.com. After applying for advance it goes to the central office, then to Dehradun. PF Commissioner said that we try to process within 48 hours.
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1.60 crore claims settled
The PF's office was open from April 2 after the lockdown. 68 L Advance has been automated. All claims become automatic online. Those who are not able to be automated from the system due to any deficiency, are completed with the physical process. The entire claim till May 3 has been settled. Till now we have settled claims of 25 thousand PF. So far, PF withdrawal of Rs 1 crore 60 lakh has been done. 600 to 700 claims are coming in daily.
