The good news is that you can withdraw money from your PF account online, from the comfort of your home. Many people think that withdrawing from PF is a difficult process.

Nowadays, the Provident Fund (PF) is a very important savings scheme for salaried employees. Every month, a fixed amount is deducted from the employee's salary and deposited into the PF account, and the company also contributes the same amount. This account is managed by the Employees' Provident Fund Organisation (EPFO).

The main objective of PF is to provide financial security after retirement, but sometimes situations arise in life when money is needed urgently. For example, for illness, marriage, buying a house, unemployment, or any other necessary expense, the good news is that you can withdraw money from your PF account online, from the comfort of your home. Many people think that withdrawing PF is a difficult process, but if your documents are in order, the process is very easy. You just have to follow a few steps, and the money will be credited directly to your bank account within a few days. So, let's find out the easiest and correct way to withdraw money from your PF account.

When can you withdraw money from your PF account?

According to EPFO ​​rules, you can withdraw the full amount if you are unemployed for 2 months or more after losing your job, for serious illness or medical emergency, for your or your children's marriage, for buying or building a house, for repaying a home loan, for house repair or renovation, or at the time of retirement. However, in some cases, a service period of 5 or 7 years is required for partial withdrawal. Also, before withdrawing PF, your UAN should be active, Aadhaar, PAN, and bank account should be linked and verified with your UAN, and the mobile number linked to your Aadhaar should be active.

Step-by-step process to withdraw money from your PF account

1. To withdraw money from your PF account, first go to the official EPFO ​​website.

2. Now enter your UAN number, fill in the password, enter the captcha code displayed on the screen, and click on the Login button. 3. An OTP will then be sent to the mobile number linked to your Aadhaar. Enter the OTP to complete the login process.

4. After logging in, verify that your Aadhaar number is verified, your PAN card is updated, your bank account number is correct and verified, and if your KYC is not complete, update it first.

5. Then, click on the Online Services tab at the top of the login page and select the Claim option.

6. Enter the last 4 digits of your bank account number and click on Verify.

7. Now click on Proceed for Online Claim. Here you will need to select the option according to your requirement, such as Full PF Settlement (for withdrawing the entire amount), PF Advance (for partial withdrawal), or Pension Withdrawal (for pension amount).

8. Then, select the reason for withdrawal, such as illness, marriage, etc. If it's a partial withdrawal, enter the amount and fill in your complete address.

9. Now upload a scanned copy of your cancelled cheque or bank passbook. For withdrawals exceeding ₹50,000 and service periods of less than 5 years, upload Form 15G.

10. Finally, enter the OTP received on your Aadhaar-linked mobile number and click the Submit button. After submitting the claim, the money is usually credited to your bank account within 7 to 10 working days. You can check the status of your claim using the Track Claim Status option.