Good news for PF members, rule change lets you buy new home faster with withdrawal of up to…
The central government revised the rules of withdrawal rules of employees (EPF) for the first time, making it much easier for homeowners to reach their savings. Continue reading to learn more about this.
A few basic rule changes were made for PF members.
The central government revised the rules of withdrawal rules of employees (EPF) for the first time, making it much easier for homeowners to reach their savings. Under the newly introduced currency of the EPF scheme, members can now withdraw 90% of the PF amount for purchasing, construction or EMI payment of a housing property. The movement decreases from five to three years from the opening date of the account.
Previous PF Rules
Before this rule, PF withdrawal for the housing was limited to the 36 -month -old united employee and employer’s contributions, and only after five years of continuous PF membership was allowed. Previous rules also limited the members registered in housing plans. The new rule provides significant more flexibility to subscribers, but such a retreat restricts only once for life.
Other important changes in PF withdrawal transactions:
Instant withdrawal: As of June 2025, members may be instantly with RS 1 Lakh for emergency requirements via UPI and ATM.
Automatic Settlement Limit: Automatic Request Reconciliation Limit RS 1 increases with RS 1 Lakh.
Simplified request process: The number of verification parameters fell from 27 to 18, and most demands have been processed within 3-4 days.
Easily drawing for life needs: Processes for withdrawing financial liquidity for PF members by increasing financial liquidity have been simplified.
