In how many days does EPF Claim come to account for how many days? Learn complete information
Employee Provident Fund Organization (EPFO) It is constantly taking steps to convenience its contacts. After accelerating the Claim Settlement, EPFO is now working on a plan to withdraw PF money from ATM. In such a situation, if you have raised the claim to withdraw money for any need from your PF account or are preparing to do it, then the question will definitely come to your mind that when will the money get after the claim? Let us tell you that according to the official website of EPFO (Employees Provident Fund Organization), all claims made under auto-settlement mode, which have no manual will be digitally settled within 3 days or 72 hours. Let us tell you that claims to cure the disease, education, marriages and buy homes come under auto-settlement to withdraw money from PF.
Manual settlement may take time
If you have a manual claim to withdraw money from your PF, then its settlement may take 15 to 30 days. However, if your claim does not settle within 20 days, you can contact EPFO’s helpline number 1800-180-1425 or file a complaint on the EPFO website.
You can withdraw money up to 5 lakh rupees
Let us tell you that EPFO has increased the amount of auto-settlement mode from Rs 1 lakh to Rs 5 lakh to provide relief to its shareholders. According to the EPFO, the purchase of houses/flats/construction of houses, including the acquisition of land, can withdraw money from the PF account. If an employee has not received salary for more than 2 months continuously, then he can also withdraw money from PF.
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