PF Withdrawal Rules: How Many Times Can You Withdraw Money While Being Employed? Check EPFO Guidelines

If you are employed, you are likely saving for the future. Nowadays, every organisation, whether in the private or government sector, deducts a portion of your salary for retirement savings. This amount is deposited into an Employee Provident Fund (EPF) account. This money is typically received as a lump sum upon retirement or at the age of 58. However, an employee can withdraw money earlier under certain circumstances.

This article will explore how many times an individual can withdraw money from their provident fund and under what conditions they can do so while still being employed.

In certain cases, you can access this money sooner, but you must meet specific conditions. Even when these conditions are met, there is a limit on the amount you can withdraw while you are still working.

PF Withdrawal Rule: How many times can you withdraw money?

ALSO READ: Independence Day 2025: Sir Dorabji Tata To Jamnalal Bajaj, Businessmen Who Contributed To Freedom Struggle | A List

According to the guidelines on the EPFO website, there is no limit to the number of times you can withdraw your PF money during employment. However, there is a limit on the amount that can be withdrawn. You cannot withdraw the entire amount from your PF account while you are still employed.

It is important to note that if you withdraw a lump sum before completing five years of service, you will have to pay a TDS (Tax Deducted at Source).

Circumstances for PF Withdrawal

Medical Emergency: You can withdraw an amount equal to or up to six months of your salary or the employee's share with interest, whichever is less. There is no waiting period for this type of withdrawal.

To Repay Home Loan: You can withdraw an amount equal to 90 per cent of the money deposited in your EPF account for this purpose. This benefit is available only after you have completed ten years of EPF contributions.

ALSO READ: Wholesale Inflation Remains Negative For Second Straight Month; Retail Inflation Sees 8-Year Low

Wedding Expenses: After seven years of EPF contributions, you can withdraw up to 50 per cent of the employee's share with interest. This is permitted for your own wedding, or the wedding of your son, daughter, brother or sister. You can do this up to three times.

Buying or Constructing New House: You can withdraw money for this purpose after completing five years of employment. The withdrawal limit is either 36 months of basic wages plus dearness allowance, the total of the employee's and employer's share with interest, or the total cost of the property, whichever is the least. This benefit can only be availed once.