Form 31 PF Claim Eligibility Criteria for Advance to be claimed through Form 31: There are different options under Para 68B to avail EPFO FORM 31 Advance during their working tenure. Any EPFO member can apply for PF Advance through EPFO unified member portal. There are different options to choose from while applying for advance forms explained as below.
1. Purchase of house/flat/construction of house including the acquisition of the site
or
2. Purchase of site for construction of dwelling house/purchase of house/flat
or
3. Construction of house on a site owned by member/spouse/jointly by member & spouse
The Central Government, the State Government, a Cooperative Society, an Institution, a Trust, a local body, OR a Housing Finance Corporation can provide EPF Advance ( Agency). The relevant Para of EPF Scheme 1952 is 68B (1)(a).
Amount That can be claimed through this option:
Document required with Form 31 Declaration Form from Member. For purchase of site: 24 month’s basic wages and DA/for purchase of house/flat/construction: 36 month’s basic wages and DA OR Total of employee and employer share with interest OR Total cost Whichever is least.
Membership/ period required: 5 (FIVE YEARS of Service is required to avail this facility)
For the construction of the house: One or more installments. Members can apply for this only once.
2. For addition/alteration/improvement in a house owned by member/spouse/jointly with a spouse | Form 31 PF Claim Eligibility Criteria
Document required with Form 31 Declaration Form from Member.
Membership/ period required: 5 (FIVE YEARS of Service is required to avail this facility)
Amount Admissible/ from share: 12 month’s basic wages and DA OR Employee Share with interest OR Cost
Whichever is least.
Members can apply for this only once.
Para 68H: Grant of Advances in special cases |
2. In case of lockout/closure of establishment for more than 15 days, And The employees are rendered unemployed without compensation OR The employee has not received wages for more than 2 months continuously (for reasons other than a strike)
Document required with Form 31 Declaration Form from Member.
Amount Admissible/ from share: Employee share with interest.
Additional Documents Required: Certificate from the Employer in Certificate Form A and B, as applicable.
Members can apply for this once or more during his/her service tenure.
Para 68BB: Withdrawal form for repayment of loans in special cases
Purpose of the withdrawal: For refund of outstanding principal and interest of a loan for purposes under Para 68B.
The Central Government, the State Government, a Cooperative Society, an Institution, a Trust, a local body, OR a Housing Finance Corporation can provide EPF Advance ( Agency). The relevant Para of EPF Scheme 1952 is 68B (1)(a).
Membership/ period required: 10 (TEN YEARS of Service is required to avail this facility)
Amount Admissible/ from share: 36 month’s basic wages and DA OR Total of employee and employer share with interest OR Total outstanding principal and interest whichever is least.
3. Discharge/dismissal/retrenchment of member challenged by him/her in Court
Amount Admissible/ from share: Maximum 50% of Employee share with interest
Additional Documents Required: Copy of petition filed in the Court and certificate from the member that the case is pending.
Members can apply for this once or more during his/her service tenure.
4. In case of establishment’s closure for more than 6 months and employees continue to be unemployed without compensation | Form 31 PF Claim Eligibility Criteria
Amount Admissible/ from share: Up to 100% of Employer Share with interest.
Membership/ period required:1 or more Recoverable advance, In case of closure, is for above 5 years the recoverable advance converted to nonrecoverable on member’s request.
Additional Documents Required: Certificate from the Employer in Certificate Form A and B, as applicable.
Members can apply for this once or more during his/her service tenure.
Para 68J: Advance from the fund for illness in certain cases.
5. For his/her own treatment OR For treatment of family
Amount Admissible/ from share: 6 month’s basic wages and DA OR Employee Share with interest Whichever is least.
Amount Admissible/ from share: Certificate C signed by Employer and Doctor.
Members can apply for this once or more during his/her service tenure.
Para 68K: Advance from the fund for marriages or post matriculation education of children.
6. For the marriage of self/daughter/son/brother/sister
OR
For post matriculation education of son/daughter
OR
For post matriculation education of son/daughter
Membership/ period required: 7 (SEVEN YEARS of Service is required to avail this facility)
Amount Admissible/ from share: 50% of Employee share with interest
Members can apply for this only Three times during his/her service tenure.
Additional Documents Required: A certificate regarding course of study and estimated expenditure from Head Of Institution and Members declaration in Form 31.
Para 68 N: Grant of advance to members who are physically handicapped
Purpose of the withdrawal: For purchasing equipment for minimizing hardship on account of handicap.
Amount Admissible/ from share: 6 month’s basic wages and DA OR Employee Share with interest OR Cost of equipment whichever is least
Members can apply for this only for the Second advance after 3 years from first
Additional Documents Required: Certificate in Certificate F from Doctor.
Para 68NN: Withdrawal within one year before retirement.
Purpose of the withdrawal: Partial withdrawal before retirement
Membership/ period required: After 54 years of age and within one year of retirement/ superannuation, whichever is later.
Amount Admissible/ from share: 90% of the amount in PF of the member.
Additional Documents Required: Nothing.
There is also provision for advances for Form 31 PF Claim Eligibility Criteria
1. Advance in abnormal conditions (damage of property due to natural calamity) (Para 68L)
2. Advance to member affected by the cut in electricity (max 300/-) (Para 68M)
3. Advance for investment in Varistha Pension Bima Yojana. (Para 68NNN)
Note: Please refer to the relevant Para of the EPF Scheme for the above cases.
Other Ways to know EPF Balance: Click Here.
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