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Top Reasons for Withdrawal from Employee Provident Fund (EPF)?

Employee provident fund (EPF) can be withdrawn for the following reasons and same are as listed below:
  • For Marriage Purpose of Self, Sibling and Children
  • For Education of Self + Children
  • Purchase/Construction of House or Flat
  • Repayment of Existing Home Loan
  • Repairs/Alteration of Existing House
  • For Medical Treatment
So, go out and save and get the income tax benefit under section 80 and do not go with the notion that you can only withdraw this amount at the time of the retirement. Lastly you can withdraw it any time of your service provided minimum stipulated age has been catered.

About the Author

The author tracks Indian stock market and provides free stock tips and paid stock tips on the website.

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