Pf Account Withdrawal Rules: If you need money then you can withdraw money from PF account, but before that know how much time it will take for your money to come into the account.
For salaried people, PF is such a fund, in which their money is stored and it comes in handy when needed. If you need, you can withdraw money from PF account, but for this you have to follow many rules. In such a situation, do you know when you can withdraw money and how long will it take for the money to be credited in the account?
How long will it take to withdraw money from PF, it depends on how you are withdrawing money. Actually, even in the crisis of Kovid, many situations have been added to PF Withdrawal i.e. apart from the normal rules, now money can be withdrawn in the situation related to Kovid. In such a situation, depending on the time when you are withdrawing the money, it takes time for the PF money to be credited.
In general, one can withdraw money for the treatment of serious illness, for marriage or studies, for buying a plot, for building a house, at the time of retirement, at the time of medical need. At the same time, during the Kovid crisis, taking money at the time of treatment, withdrawing money on loss of job etc. is included. Like those who had taken Kovid Advance during the first wave of Corona virus, they can also take Kovid Advance in the second wave.
If you apply for PF fund withdrawal under normal circumstances other than Corona, then the fund is automatically transferred to your account in the next 20 days.
At the same time, the fund is released early on applying for withdrawal in covid related circumstances. During the Kovid period, the money for PF withdrawal comes within 7 days and if there is a medical emergency then you get the money back within 3 days.
