Business Desk, Amar Ujala, New Delhi
Published by: Dimple Alawadhi
Updated Mon, 31 May 2021 04:39 PM IST
Relieving its subscribers, it has allowed the withdrawal of a second non-refundable Kovid-19 advance.
Rs (symbolic photo)
– Photo: pixabay
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In March 2020 too, the government had granted advance facility to EPF subscribers under the Pradhan Mantri Garib Kalyan Yojana (PMGKY). Today, the Labor Ministry has allowed the withdrawal of the second non-refundable Kovid-19 advance, relieving its subscribers of the second wave of epidemic in the country. Under this, you can withdraw 75% of the amount deposited in your PF account or an amount equal to three months salary (basic salary and dearness allowance) (whichever is less) from the account.
In view of second wave of COVID-19, Employees’ Provident Fund Organization (EPFO) allows its members to avail second non-refundable COVID-19 advance: Ministry of Labor & Employment
– ANI (@ANI) May 31, 2021
Money deposited in the account in just 72 hours
Claims are being settled by auto mode on online claims under Kovid-19 and money is coming to your account in just 72 hours. At present, EPFO has about six crore account holders. From 1 April 2020 to 12 May 2021, 72 lakh employees have availed Non Refundable Kovid-19 Fund (Kovid Advance) for a total of Rs 18,500 crore. In FY 2019, EPFO settled claims worth Rs 81,200 crore from about 1.63 crore account holders.
Find PF balance with missed call
You can know the PF balance just by making a missed call. For this, you have to make a missed call on 011-22901406 from the registered mobile number in your PF account. After this you will get a message in which you will get information about the PF money in your account.