can i withdraw my pf amount while working?
Yes, but only in a few cases.
Firstly, you can’t withdraw the full amount. You are only allowed partial withdrawals for specific purposes.
The conditions in which you can withdraw PF are:
- A medical emergency for self or family
- For your marriage or marriage of a sibling or your child (congratulations if that is the case).
- If you are going for higher education, kudos to you.
- Need to repay a home loan or make payment for house purchase or construction.
- In case you are struck by any natural calamity.
- If you have been unemployed for more than a month
One more thing, you can put the claim request only if you have completed a minimum number of years of service for some purposes. For e.g., 3 years for home loan withdrawal.
Before putting in a claim request make sure your UAN is active and KYC details (Aadhaar, PAN, and bank account) are verified.