EPF rules explained: How to make a partial withdrawal online for marriage, home renovation or medical emergency

EPF partial withdrawal rules: Did you know that you can partially withdraw from your Employees’ Provident Fund (EPF) retirement corpus under certain conditions? Retirement fund body EPFO permits EPF subscribers to make partial withdrawals from their accounts for reasons such as medical emergencies, higher education expenses, home loan repayment, or marriage-related expenses. Under EPF rules, each condition has predefined withdrawal limits and requires supporting documents for verification.

A full withdrawal from your EPF account, on the other hand, is only permitted under two conditions: when the account holder reaches the age of retirement, or when the account holder remains unemployed for at least two months.

Here are all the conditions applicable to partial EPF withdrawals under EPFO rules:

How to make a partial withdrawal from EPF for house or land

One can withdraw money from an EPF corpus after completing five years of contributing to the account. If you want to withdraw money from PF to buy a plot or house, you can withdraw up to 24 times the monthly salary, and for both buying and building a house, you can withdraw up to 36 times the monthly salary.

How to make a partial EPF withdrawal for home renovation or home loan repayment

After making a continuous contribution to the EPF for five years, you can also withdraw money for house renovation. This amount can be up to 12 times the monthly salary. If the employee has put in a minimum of three years of service, one can withdraw the amount for the home loan payment. In such a situation, one can withdraw up to 90 per cent of the PF balance.

How to withdraw funds partially from your EPF account for medical treatment

EPF money can be withdrawn at any time to meet the expenses arising out of a medical emergency, such as serious illness, permanent disability due to an accident at work, and closure of company. If an EPF account holder wants to withdraw the entire EPF amount for the treatment, they will have to provide proof of hospitalisation for a month or more.

How to make a partial EPF withdrawal for marriage and studies

One can also withdraw EPF money for marriage and studies. For this, one needs to have seven years of service. You can withdraw up to 50 per cent of your contribution with interest.

How to make a full withdrawal from EPF corpus in case of unemployment

The EPFO allows EPF subscribers to fully withdraw funds from their EPF corpus in case of unemployment for at least two months. If you have lost your job or have quit and you want to withdraw the funds only after a month, you can withdraw up to 75 per cent of the amount. Besides, employees can also withdraw their entire share deposited as EPF at any time if the company is closed for more than 15 years.  The outstanding amount will be transferred to your new EPF account upon finding new employment.