Provident Fund Claim To Be Settled In 3 Days. Here is How To Apply Online

Employees' Provident Fund Organisation has allowed its members to avail second non-refundable COVID-19 advance amid second wave of COVID-19.

Retirement fund body, the Employees' Provident Fund Organisation (EPFO), has allowed its members to avail second non-refundable COVID-19 advance wherein the EPFO subscribers will be allowed withdraw up to 75 per cent of their contribution from the corpus or the sum of basic wages and dearness allowance for a period of three months to ease the burden on its members in the wake of second wave of COVID-19 pandemic. "To support its subscribers during the second wave of COVID-19 pandemic, EPFO has now allowed its members to avail second non-refundable COVID-19 advance," Ministry of Labour & Employment said in a press release. In wake of the second wave of COVID-19 pandemic wherein 'mucormycosis' or black fungus was declared an epidemic, EPFO decided to lend a helping hand to its members by meeting their financial needs. Members who have already availed the first COVID-19 advance can now opt for a second advance also, the retirement body said. "Considering urgent need of members for financial support in these trying times, it has been decided to accord top priority to COVID-19 claims. EPFO is committed to settle these claims within three days of their receipt," EPFO added.