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APPENDIX O Form Application for partFinal Withdrawal of Money Form the Provident Fund for House Building Purchase or Redemption of House and HouseSites Higher Education Purpose or marriage or Medical.

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Without giving any solid reason, you can withdraw up to 90% of your funds or the balance amount before two years of retirement.

Form - 10B Form of Application for final payment of balance in the Provident Fund Account of a subscriber to be used by the Nominee or any other claimants where no nomination subsists.

The GPF withdrawal rules are as follows. You can withdraw 75% of the outstanding PF account balance to fund education or any event like marriage (yours or dependent family members). You can withdraw 90% of the outstanding amount in the case of any medical emergency for yourself or a dependent family member.

3 months pay or half of balance whichever is less and relaxed upto 10 months pay. Not more than 2 with drawls in a financial year with a gap of 6 months between one and another. Only one part final withdrawal for the same purpose. Different sons/daughters shall not be treated as the same purpose.

As per GPF part final withdrawal rules, the subscriber should have been in service for 5 years or more for such additional benefits. Apart from these, subscribers are entitled to the full amount upon retirement or superannuation.

FINAL WITHDRAWAL (CLOSURE) (i) Final withdrawal of accumulation in the Fund is permitted when subscriber quits the service (on retirement, dismissal, resignation, compulsory retirement, removal etc.). (ii) In case of death while in service.

Part-Final Withdrawals may be sanctioned by an authority competent to dismiss the subscriber at any time after the completion of twenty years of service or within ten years before the date of his retirement on superannuation, whichever is earlier.

i. Online request will be received in Admin Pay Section Portal. ii. Admin Pay Section will verify the details of online application and generate an office note with complete details i.e. (i) balance of GPF, (ii) reason for withdrawal/advance,(iii) amount of Withdrawal/Advance.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232