19 February 2010
hi, can an employee after rendering 5 years of continuous service in a company withdraw the PF amount to his credit even while in service? if yes, what is the procedure
19 February 2010
Withdrawl of PF is not possible. You may obtain a loan on the PF contribution to the extent of 90% of the contribution. The rate of interest would be 1% higher than the rate of interest to the credit of your account.
For housing, withdrawl of PF is allowed by some companies.
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