If you are employed, you must be getting many facilities too. Out of which one is of PF account. The government opens PF accounts of employed people and after that every month a certain amount is deducted from the employee's salary and deposited in his PF account. On the other hand, the company also deposits the same amount in the PF account of the employee and the government pays interest on the money deposited in the PF account. In such a situation, the PF account holder can withdraw money from the PF account after leaving the job or in between according to his need. But can money be withdrawn from the PF account whenever one wants or is there any rule for this? So let's try to find out. You can learn about this in the next slides...

How many times in Covid advance?
During the Corona period, a facility was given to PF account holders by the government, under which you can withdraw advance money from your account only twice. In this, the employee can withdraw about 75 percent of the amount.

Advance money can be withdrawn for these reasons: -
Nonreceipt of wages (> two months)
Due to natural calamities
Due to illness
Due to power cut
For marriage
To pursue higher education
Purchase of house/flat from the promoter
Purchase of land for construction of the residential house
Purchase of house/flat/construction including acquisition of the site from agency
Building a house
Addition/change in the house.

How many times can I withdraw money?
If you have a PF account, here are several reasons to withdraw advance money under which you can withdraw money. At the same time, there is no such limit visible to it. However, it depends on two things whether you will get the money or not. The first thing in this is how much money is left in your account. If according to the rules, it is money then you can get an advance. Otherwise, your claim is rejected by the PF officer.

The second thing is that if you have enough money in your account and the reason for which you are withdrawing money is approved by the PF officer under the rules, then you can get the money. On the other hand, if you have a reason to withdraw money, but you have less money in your PF account than the prescribed limit, then you will not be able to withdraw advance.

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