New Delhi: The Employees Provident Fund Organization (EPFO) has given a major alleviation to endorsers are confronting monetary emergency during the Corona emergency. In such a circumstance, if you don’t have cash then there is compelling reason need to stress a lot. You can take a loan on your PF account or you can withdraw cash for the treatment of covid-19 sitting at home.
EPFO tweeted that EPFO Subscribers can pull out cash utilizing UMANG App through their cell phones. EPFO expressed that by following these simple tasks, with the assistance of UMANG application, you can withdraw cash as COVID-19 loan. UMANG is a brought together application. It tends to be utilized for some administration e-administrations going from Aadhaar, gas booking.
Don’t bother repaying the advance
If you withdraw cash from your PF account through UMANG application, there is compelling reason need to deposit it once more. This loan will be non-refundable loan. EPFO supporters will get a major help from this facility. You can utilize this add up to meet your monetary necessities during the pandemic.
For what work could you at any point withdraw cash
EPFO has put a few circumstances for its endorsers of withdraw cash. As indicated by this, any endorser can withdraw cash for clinical treatment, acquisition of another house, development, remodel, home loan reimbursement and marriage costs. You can withdraw up to 90 percent of the sum from the PF account to purchase land or house for the house. Aside from this, supporters can withdraw cash if there should arise an occurrence of health related crisis for spouse, wife, guardians or kids. Conditions like no lock-in period or least assistance period are appropriate to this withdrawal.
Withdrawals should be possible through UMANG application
- Sign in by downloading the UMANG App on your cell phone.
- Click on the EPFO area under the choice ‘All Services’ on the screen.
- Go to the drop-down and select the choice ‘claim’. Then type your EPFO UAN.
- After this, enter the OTP got on your enlisted mobile number.
- You will get a reference number case on your phone.
- You can utilize this number to follow the situation with your withdrawal demand.
