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EPFO’s big gift – now money will come out easily from PF account, know what updates came

EPFO: In the era of epidemic, EPFO ​​has given a big gift to its members. In view of the deteriorating situation due to Corona, EPFO ​​has given exemption to people to withdraw PF.


During the epidemic, the EPFO ​​has given a big gift to its members. In view of the worsening situation due to Corona, the EPFO ​​has given the people permission to withdraw the PF. Employees’ Provident Fund Organization (EPFO) has given exemption of Kovid Advance in the second wave of Corona as well. Subscribers can take advantage of the non-refundable Kovid Advance for the second time. In a statement issued on Monday by the government, it was informed that Kovid-19 was allowed to be withdrawn as a non-refundable advance, under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) in March 2020, in view of the financial need of the members during the epidemic. Went.

The Labor Ministry has given permission to withdraw the second non-refundable Kovid-19 advance, giving relief to its subscribers from the second wave of the epidemic in the country. Under this, you can withdraw 75 percent of the amount deposited in your PF account or an amount equal to three months’ salary (basic salary and dearness allowance).

According to the EPFO, during the second wave of the Kovid-19 epidemic, black fungus has also been declared as epidemic. In this difficult situation, EPFO ​​subscribers have taken this step for financial needs. EPFO subscribers have taken the advance for Kovid-19 last year, they can apply for the second time as well. Under Kovid-19, claims are being settled through auto mode on online claims and money is coming in your account in just 72 hours. From 1 April 2020 to 12 May 2021, 72 lakh employees have taken advantage of the non-refundable Covid-19 fund totaling Rs 18,500 crore.


Check PF balance by missed call

You can know the PF balance just by making a missed call. You have to give a missed call on 011-22901406 from the registered mobile number in your EPF account. After this you will get the account balance information through message.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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