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Eligibility for subscription: [1] Compulsory to all Regular Government employees on completion of one Year service. [2] Last Grade Servants who completed 5 years of service or whose date of Retirement is at least 10 years a head. [3] The recovery of subscription shall commence only after the account number is assigned.
The only condition is you have to use funds for the purpose you mentioned and not otherwise. Without giving any solid reason, you can withdraw up to 90% of your funds or the balance amount before two years of retirement. If the subscriber dies, the nominee is eligible to redeem the outstanding amount in the PF account.
I, ____________________________________ hereby nominate the person(s) mentioned below who is/are member(s)/non-member(s) of my family as defined in Rule 2 of the General Provident Fund(Central Services) Rules, 1960, to receive the amount that may stand to my credit in the Fund as indicated below, in the event of my ...
(5)The month and details of last G.P.F. deduction made from the salary of the subscriber. (6)Residential address and mobile number of the subscriber. (7)G.P.F. account slip should be attached (if available) with the application for final withdrawal.
I hereby bind myself to use the money for the purpose for which I have applied for in ance with rule 27 of the Karnataka General Provident Fund Rules, 1957 , regarding premature, partial withdrawal of General Provident Fund amount as also indicated in my application, for meeting expenditure on marriage purpose ...