The Employees’ Provident Fund Organisation(EPFO) has issued frequently asked questions on 26. 04. 2020 to clarify matters related to Employees Provident Fund (EPF) advance to fight Covid-19 pandemic
As per the FAQs issued by the Employees’ Provident Fund Organisation (EPFO), no certificate or documents are to be submitted by the member or his/her employer for availing the benefit. However, an individual must keep the scanned copy of the cheque ready as this will be required to be uploaded while applying for withdrawal from EPF account online.
The facility for availing advance to fight COVID-19 pandemic will be available till the pandemic prevails.
EPFO settles claims for availing advance to fight COVID-19 pandemic within 03 working days. After processing the claims, cheque is sent to the bank for crediting amount to the bank account of the claimant. Bank usually take additional one to three working days to credit advance in your bank account.
Even during the pendency of any other advance, the application for COVID-19 claim is permitted.
Eligibility to apply for withdrawal
To apply for claim online, an EPF account holder should satisfy three conditions:
a) Universal Account Number (UAN) of the EPF member must be activated
b) Aadhaar should be verified and linked with UAN
c) Bank account of the EPF member with IFSC Code should be seeded with UAN.
Click here to read the FAQ
