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EFPO starts crediting 8.5% PF interest ahead of Diwali: Check how to withdraw money in 1 hour

EFPO starts crediting 8.5% PF interest ahead of Diwali: Check how to withdraw money in 1 hour

Zee News
Friday, October 22, 2021 02:33:40 PM UTC

For transferring funds from your PF account to your bank account in a jiffy, subscribers will need to use EPFO's medical emergency facility. 

New Delhi: Ahead of the Diwali festival, the Employee Provident Fund Organisation (EPFO) has started transferring the interest on Provident Fund (PF) savings directly into the PF accounts of the subscribers. 

If you have already received the PF interest and plan to withdraw your PF fund to spend amid the festivities, then you should know that the money can be transferred from PF accounts to bank accounts in a snap. 

For transferring funds from your PF account to your bank account in a jiffy, subscribers will need to use the medical emergency facility. EPFO had introduced the medical emergency facility to allow subscribers to withdraw PF advance within one hour of the request. 

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