EPF investors can withdraw up to Rs 1 lakh advance for medical emergencies, here’s how to apply

New Delhi: Employees’ Provident Fund (EPF) is permitting its members to withdraw up to Rs 1 lakh advance in opposition to their funding within the state-owned fund in circumstances of a medical emergency. 

If you might be an EPF subscriber you can additionally take up to Rs 1 lakh medical advance for the remedy of any life-threatening ailments together with Covid-19. You don’t have to submit an estimate of the hospitalisation price to the EPF workplace for withdrawing your advances. 

Earlier, EPF subscribers had to share an estimation of medical bills for the withdrawal of funds. The quantity of advance that you just can withdraw was based mostly on the estimation of medical bills.  

You simply want to observe these easy steps to withdraw your PF: 

1. Visit the official EPFO portal: https://unifiedportal-mem.epfindia.gov.in/memberinterface/

2. Log in to your account by coming into your UAN, password and captcha particulars. 

3. Go to the ‘Online Services’ tab and Click on the ‘Claim (Form-31, 19, 10C & 10D)’ possibility.

4.  On the brand new web page, confirm your checking account particulars related with the UAN. 

5. After verifying the financial institution particulars, settle for EPFO’s phrases and circumstances after studying fastidiously. 

6. Tap ‘Proceed For Online Claim’ and from the options applying for withdrawal, select ‘Medical emergency’. Only eligible members will likely be in a position to see the choice. 

Important issues to notice whereas making use of for withdrawal in case of a medical emergency. 

1. Patient needs to be hospitalised in a authorities/Public Sector Unit (PSU)/CGHS empanelled hospital for the remedy. The competent authority will study the case in case the affected person is admitted to a personal hospital due to a medical emergency. You’ll get the medical advance after the approval. 

2. A letter written by an worker or a member of the family citing that estimate shouldn’t be recognized have to be despatched to EPFO to get the medical advance. 

3.  The medical advance is predicted to be transferred instantly. In case the applying comes on a non-working day, EPFO will switch the funds on the subsequent working day. 

4.  EPFO members can withdraw extra advance by sharing the receipt of estimate for remedy earlier than the discharge of the affected person.   

5. Members can get the medical advance quantity instantly into their very own accounts or within the accounts of the hospital. 

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