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Want to withdraw money from PF account in difficult times, take advantage of UMANG app like this

EPFO users can withdraw money using UMANG app on their mobile phones. File ‘COVID-19 Advance’ through UMANG App by following these simple steps, EPFO ​​said in a tweet.

covid-19 advance

After the increase in the cases of ‘Omicron’ variant of corona virus in the country, now a third wave is also being feared. The Omicron spreads at twice the speed of the Delta variant. In the second wave this year, a large number of people have to be admitted to hospitals. At present, it is inevitable to spend a lot on treatment. It is also posing a big economic challenge in front of many people. Many times it happens that you have got health insurance done, but the cost of treatment exceeds the cover of the health insurance policy.

If you are an EPF ie Employees’ Provident Fund (EPF) subscriber, then there is nothing much to worry about. The government has given this facility to all EPF members that they can also take a loan on their PF account or can also withdraw money from their PF account for the treatment of Kovid. EPFO has given this information by tweeting.

You can withdraw money from Umang App

EPFO users can withdraw money using UMANG app on their mobile phones. File ‘COVID-19 Advance’ through UMANG App by following these simple steps, EPFO ​​said in a tweet. Let us tell you that the UMANG app is a centralized app that can be used for many e-government services ranging from Aadhaar, gas booking and even PF withdrawal.

no need to re-account

The special thing is that this loan will be non-refundable. That is, employees will not need to re-fund their EPF account. Employees will get a big relief from this withdrawal facility.

For what works can I withdraw money?

EPFO has fixed some conditions for withdrawing money for employees. As per the conditions of Employees’ Provident Fund Organization (EPFO), an employee can withdraw money for medical treatment, for buying a new house, for construction, for renovation of the house, for home loan repayment and for marriage expenses. You can withdraw up to 90 percent of the money from the PF account to buy land or house for the house.

Those who want to withdraw money for the purpose of Kovid treatment can withdraw money from EPF account in case of medical emergency for spouse or member or parents or children. There is no lock-in period or minimum service period applicable on this EPF withdrawal.

Withdraw money from PF like this with Umang app

First of all download UMANG app on your mobile phone. Then login. Click on the EPFO ​​section under the ‘All Services’ option on the screen. Select the ‘Claim’ option from the drop-down menu. On the page, type your EPFO ​​UAN number.

Now enter the OTP received on your registered mobile number. You will get a reference number claim on your mobile phone. You can use this number to track the status of your withdrawal request.

Please check this information

The bank account details of the employee should match with his EPF account. Remember that EPF withdrawal funds will not be transferred to third party bank accounts. It should be ensured that the father’s name and the date of birth of the employee clearly match with the proof that the employee is submitting. These are some things which should be kept in mind.

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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