EPFO Simplifies EPF Withdrawal Rules: Know When & How to Access Your Funds

• EPFO has simplified EPF withdrawal rules, now categorizing them into three main types, making access easier for subscribers.
• Full withdrawal is allowed upon retirement (58/60 years), voluntary retirement, permanent disability, or settling abroad.
• Partial withdrawals are permitted for job loss (75% immediately), buying/building a house (up to 90% after 5 years service), medical emergencies, education, and marriage.
• For education/marriage, 7 years of service and 50% of contribution can be withdrawn; pre-retirement withdrawal (age 54 or 1 year before) allows 90%.
• Withdrawals before 5 years of continuous service are taxable; TDS applies to withdrawals over ₹30,000 (10% with PAN).

Why It Matters: EPFO eased EPF withdrawal rules, but consider long-term retirement goals before withdrawing funds.