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EPF members can avail of Non-refundable advances for illness of self or Family members

The Employees' Provident Fund (EPF) is a social security scheme designed to provide financial support to employees in India. Under the EPF scheme, members have the opportunity to avail themselves of various benefits to ensure their well-being and that of their families.

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EPF members can avail of Non-refundable advances for illness of self or Family members

The Employees' Provident Fund (EPF) is a social security scheme designed to provide financial support to employees in India. Under the EPF scheme, members have the opportunity to avail themselves of various benefits to ensure their well-being and that of their families. 

One such notable provision is the availability of non-refundable advances for cases involving the illness of either the EPF member or their family members.

Recognizing the significance of addressing healthcare expenses during challenging times, the EPF has implemented this beneficial provision to ease the financial burden that may arise due to illness. 

EPF members are now eligible to receive non-refundable advances to meet medical expenses, whether it is for their own health concerns or those of their immediate family members.

How much advance can PF be applied in this scheme?

According to the guidelines set by the Employees' Provident Fund Organisation (EPFO), members have the option to withdraw an advance equivalent to 6 months' basic salary (including Dearness Allowance) or the total amount deposited in their account, including accrued interest, whichever is lower. 

Additionally, EPFO specifies that members are not obligated to repay any advances withdrawn previously.

Note: Form 31 is required to be furnished to apply for illness advance, & no other certificates are required.

How to apply for illness advance:

To apply via EPFO Website:

  1. Visit the EPFO website at https://unifiedportal-mem.epfindia.gov.in/memberinterface/ 
  2. Login to the website using your UAN and password and enter the captcha for verification.
  3. Now go to the ‘Online Services’ tab and select the option ‘Claim (Form-31)

To apply for ‘Illness advance” via Umang App:

EPFO members have the convenience of claiming the 'Illness advance' withdrawal through their Android or smartphone devices by downloading the Umang App.

  1. The first step is to download the Umang application in your smartphone
  2. Then enter your UAN number & OTP sent on your registered mobile number.
  3. Thirdly, go to KYC Details and enter your Bank Account Number & enter your address same as mentioned in your aadhar card In the provided Employee Address tab.
  4. Select Form 31 from the available options and choose "Illness" as the designated purpose for which the advance is required. 
  5. Enter the desired withdrawal amount. Upload a clear copy of your cheque.

In compliance with the Supreme Court's directive, the Employees' Provident Fund Organization (EPFO) has recently announced an extension of the deadline for applications seeking higher pensions by an additional 60 days. Through the EPFO's unified members' website, eligible members now have until May 3, 2023, to collaborate with their employers and submit joint applications for an enhanced pension scheme.

 

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Krishna Gopal Varshney

An editor at Myitronlinenews
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Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates.


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