Members of the
Employees' Provident Fund Organisation (EPFO) have been allowed to take non-refundable advances from their EPF accounts in case of financial emergencies caused due to the coronavirus-induced lockdown.
As per the
EPF withdrawal rules, a member can withdraw an amount equal to three months of basic salary and dearness allowance (DA) or 75 per cent of the credit balance in the account, whichever is lower.
To help members with the withdrawal process, on April 26, 2020, the EPFO issued a set of FAQs.