how much pf can i withdraw while working?
While you’re still working, you can withdraw from your PF only for specific needs and within set limits. The EPFO allows partial withdrawal for purposes like medical emergencies, education, marriage, house purchase or renovation. Each reason has its own eligibility criteria and withdrawal cap. For example:
- For a medical emergency, you can take out either your share with interest or up to 6 months’ basic salary and DA, whichever is less.
- For marriage or higher education, you can withdraw up to 50% of your contribution with interest after 7 years of service.
- For buying or building a house, you could withdraw up to 90% of the PF balance if you meet service requirements.
Remember, you can’t withdraw the entire PF balance while employed. These are just advances for specific situations. Always check the latest guidelines before applying for a withdrawal to ensure a hassle-free experience.