Want to Withdraw EPF? Here’s The Complete EPF Withdrawal Process

byMehak BaglaLast Updated: February 16, 2024
EPF WIthdrawal Process

EPF or the Employees’ Provident Fund is basically a government scheme introduced with the idea of promoting savings among working individuals. The EPF aims to build a retirement corpus for all the employees as a reward for their hard work and dedication for their jobs.

Every month, 12% of the employee’s dearness allowance and basic salary is contributed to the EPF. This contribution is made in equal ratio (12% each) by the employer and the employee, both. Additionally, an interest of 8.5% is also offered to the employee on the accumulated corpus.

While the employees can withdraw this amount only upon their retirement, it is still possible for them to withdraw a part of their EPF corpus in case of any emergencies, under certain conditions. This blog will talk everything about when you can withdraw EPF, what is the EPF withdrawal process and everything else!

Conditions for EPF Withdrawal

Since the main objective of the Employees’ Provident Fund is to accumulate a corpus for the employees’ retirement, the correct time to withdraw the EPF is only after retirement. 

  • The total corpus accumulated in the EPF account can be withdrawn only upon retirement of the employee
  • EPFO considers early retirement only after the employee has crossed 55 years of age and not before that
  • Employees can make a partial withdrawal from their EPF only under the following urgent conditions-
    • Medical emergency
    • Purchase of first property in the name of the employee
    • Higher education of the employee or his/her children

Online and Offline Process to Withdraw EPF

You can follow either the online process or the offline process to withdraw your EPF. Explained below are both of them-

Online PF Withdrawal Process

Before you move on to the process to withdraw EPF, you must ensure that your UAN is activated and is linked with your KYC (Aadhaar and PAN Card details). After this is ensured, you must follow the below steps to withdraw your EPF online-

  • Log in to the UAN member portal using your credentials
  • Click on ‘Online services’ from the top menu bar
  • From the dropdown menu, select the option of ‘Claim’ (Form-31, 19 & 10C)
  • The next screen that opens will display all the member details
  • On this screen, you need to enter the last 4 digits of your bank account number and click on ‘Verify’
  • Sign the Certificate of Undertaking by clicking on ‘Yes’ and proceed with the steps
  • Now, to withdraw your funds online, you need to select the ‘PF Advance (Form 31)’ option
  • This will open a new section of the form, asking you to select the ‘Purpose for which withdrawal advance is required’
  • In the same section of the form, you will be asked to enter the withdrawal amount along with the employee’s address
  • After entering the details, ensure to tick mark on the certification to finally submit your EPF withdrawal application
  • It is important to note that depending on the purpose of your withdrawal, you might also be asked to submit certain scanned documents
  • After completing all the formalities, you will have to reach out to your employer to approve your request to withdraw EPF

Note that EPFO will send you an SMS regarding your withdrawal request on the registered mobile number. Once your claim is processed, the requested amount will be transferred to your bank account. Generally, it takes around 15-20 working days for the money to be credited to the employee’s account.

Also Read: PF Claim Form: Online Procedure & Other Details

Offline EPF Withdrawal Process

If you are not very comfortable with using the internet or online portals, you can always choose to withdraw your EPF through the offline means. All you need to do is visit the respective EPFO and submit a duly filled Composite Claim Form. 

It is important to note that there are actually two types of Composite Claim Forms- one is Aadhaar and the other is Non-Aadhaar. The former does not require any attestation from the employer while the latter requires your employer to attest the form before it is submitted to the jurisdictional EPFO office.

Who can Withdraw EPF- Eligibility Conditions

Following conditions must be met by an employee to be eligible for EPF withdrawal-

  • The total corpus accumulated in the EPF account can be withdrawn only upon retirement of the employee (Note that early retirement is also possible only after 55 years of age and not before that)
  • Employees can withdraw 90% of their EPF corpus before 1 year of their retirement
  • Considering the COVID-19 pandemic or similar situations when there might a lockdown in the entire country, EPFO has allowed withdrawal of EPF if an employee faces unemployment before retirement due to lockdown or retrenchment
  • The new rules laid down by the EPFO also state that only 75% of the total EPF corpus can be withdrawn after 1 month of unemployment, while the remaining will be transferred to the new EPF after gaining employment
  • Employee who link their UAN and Aadhaar to their EPF account can seek approval for EPF withdrawal from their employers online
  • Employees must have their active UAN, bank details linked with their active UAN and details of their Aadhaar and PAN as seeded into the EPF database

Documents Required for EPF Withdrawal

The following documents must be furnished at the time of EPF withdrawal-

  • Composite Claim Form
  • Identity Proof
  • Address Proof
  • Two revenue stamps
  • One blank and canceled cheque (should have visible IFSC and account number)
  • Bank account statement (in the name of the EPF holder, while he/she is alive)
  • Personal details such as-
    • Father’s Name
    • Date of birth
  • ITR Forms 2 and 3, only if the employee withdraws his EPF corpus before 5 years of continuous service (This is required as a proof of detailed breakup of the amount deposited in the PF account every year)

EPF Withdrawal Limit- How much can you Withdraw?

EPFO allows a limited amount to be withdrawn from the employee’s EPF account. This amount depends upon the purpose of EPF withdrawal. Explained below is a detail of the same-

When can you Withdraw EPF Corpus?

Partial withdrawal of EPF is allowed only under the following certain conditions-

  • Construction/Purchase of a property
    • The employee must have completed at least 5 years of continuous service
    • Employee can withdraw an amount equal to 24 times the monthly salary for purchasing a new property or 36 times the monthly salary for purchasing and constructing a new property at the most
    • Only the EPF account holder and/or his/her spouse can apply for EPF withdrawal in this case
  • Medical treatment
    • There is no condition on the employment duration in case of EPF withdrawal for any medical treatment
    • Employees can withdraw an amount equal to his/her share along with interest or 6 times his/her monthly salary, whichever is lower
    • The EPF account holder, his/her parents, spouse or children can apply for the withdrawal
  • Repayment of home loan
    • The employee should have been in continuous service for 3 years
    • 90% of the total EPF corpus can be withdrawn
    • Only the EPF account holder and/or his/her spouse can apply for EPF withdrawal in this case
  • Renovation of a house
    • The employee must have completed at least 5 years of continuous service from the date of completion of construction of the house
    • The employee can withdraw an amount equal to 12 times the monthly salary
    • Nobody apart from the EPF account holder and/or his/her spouse can apply for the withdrawal
  • Wedding
    • The employee must have completed at least 7 years of continuous service
    • 50% of the employee’s contribution along with interest can be withdrawn by the employee
    • The EPF account holder, his/her siblings, and/or his/her children can apply for the withdrawal

Taxation Rules on EPF Withdrawal

While the portion of an employee’s salary that gets contributed to the EPF is tax-free, there are certain rules on the taxation of the EPF corpus that gets withdrawn before retirement. The following table elaborates on the taxation rules on EPF withdrawal-

Apart from the above conditions, the following points should also be duly noted-

  • If the employee does not have 5 years of continuous service, the entire EPF amount will be taxable
  • If an employee’s total income is not taxable, he/she will have to fill Form 15 G/ 15 H
  • Employee’s salary in the year of EPF withdrawal decides the actual tax that the employee would be liable to pay
  • If the employee claims an exemption on EPF contribution in the years as per Section 80C before withdrawal, he/she will be liable to pay tax on employee’s contribution, employer’s contribution and the interest applicable on every deposit

To Conclude: Even though the major idea behind accumulation of funds in the EPF account is to build a corpus for the member’s retirement, he/she is allowed to withdraw a part of the accumulated corpus before the actual due time. While there is also an offline EPF withdrawal process, members can easily withdraw EPF online by following a hassle-free process. Online EPF withdrawal requests can be settled within 15 to 20 working days from the date of submitting the request. 

While it is possible to withdraw the EPF corpus before retirement, it is still advised that you do not do so. This is because early withdrawals from the EPF are not a part of the tax-deductible income of the employees. It is, instead, a taxable income if withdrawn before retirement. Hence, it is better to let the corpus accumulate and withdraw it only after retirement  and not before that.


Can I withdraw EPF offline?

Yes, you can withdraw your EPF offline by visiting the respective EPFO and submit a duly filled Composite Claim Form.

Is it okay to apply for EPF withdrawal online?

Yes, it is quite easy to apply for EPF withdrawal online.

How much time does it take for EPF withdrawal to be processed?

After the withdrawal request has been duly submitted and approved by the employer, it takes around 15-20 days for the money to reach your bank account.

Is it mandatory to provide the PAN card for EPF withdrawal?

Even though it is not mandatory to provide the PAN card for EPF withdrawal, it is still recommended to provide the same. This is because if you provide your PAN card at the time of EPF withdrawal, you will be liable to pay a 10% TDS, which will be 30% if you don’t provide your PAN.

What is the Employees’ Provident Fund (EPF)?

The Employees’ Provident Fund (EPF) is a savings scheme established by the Government of India to help employees save money for their retirement. It is administered by the Employees’ Provident Fund Organization (EPFO).

Can I withdraw money from my EPF account before retirement?

Yes, you can withdraw money from your EPF account before retirement under certain conditions such as marriage, purchase of a house, medical emergencies, or unemployment.

How can I withdraw money from my EPF account?

To withdraw money from your EPF account, you need to fill out the EPF withdrawal form (Form 19) and submit it to the regional EPFO office or your employer, depending on the circumstances.

What are the different types of EPF withdrawals?

There are three types of EPF withdrawals: (1) EPF full withdrawal, which can be done after retirement or upon reaching the age of 58; (2) EPF partial withdrawal for specific purposes like marriage, education, home purchase, or medical emergencies; and (3) EPF advance withdrawal for certain situations like unemployment or a specific period of no work.

What documents are required for EPF withdrawal?

The documents required for EPF withdrawal may vary depending on the reason for withdrawal. Generally, you will need your EPF withdrawal form (Form 19), a canceled cheque for verification of bank account details, and supporting documents related to the purpose of withdrawal (e.g., marriage certificate, medical certificate, etc.).

How long does it take to receive the EPF withdrawal amount?

The time taken to receive the EPF withdrawal amount depends on various factors, including the completeness of your application, verification process, and the workload of the EPFO. Generally, it takes around 15 to 30 days for the withdrawal amount to be credited to your bank account.

Can I track the status of my EPF withdrawal application?

Yes, you can track the status of your EPF withdrawal application through the EPFO’s online portal. You will need to provide your EPF account number and other necessary details to check the status.

Can I withdraw the entire EPF balance if I am still employed?

No, you cannot withdraw the entire EPF balance if you are still employed. EPF withdrawal is generally allowed only after retirement, reaching the age of 58, or in specific situations as mentioned earlier.

Related News

EPFO Raises Provident Fund Interest Rate to 8.25% for 2023-24

The Employees' Provident Fund Organisation (EPFO) has announced an increase in the interest rate for employees' provident fund to 8.25% for the year 2023-24. This is the highest rate in three years. The decision was made by the EPFO's Central Board of Trustees and is awaiting approval from the Ministry of Finance. Once approved, the new interest rate will be credited to the accounts of over six crore EPFO subscribers.
News Post: February 12, 2024

EPFO Discontinues Acceptance of Aadhaar Card as Proof of Date of Birth

The Employees' Provident Fund Organisation (EPFO) in India has announced that it will no longer accept the Aadhaar Card as proof of date of birth. The decision was made with the approval of the Central Provident Fund Commissioner (CPFC). Instead, the EPFO will now consider other documents as valid proof of date of birth, such as marksheets from recognized government boards or universities, school leaving certificates, PAN cards, and passports. The Aadhaar Card is primarily an identity verification tool and not a proof of birth, according to the EPFO. This change was made in response to a directive from the Unique Identification Authority of India (UIDAI).
News Post: January 22, 2024

You May Also Like