It has always remained perturbing for the employees to be aware of the new EPF withdrawal rules. In a bid to help the employees, epf-india.co.in reveals epf withdrawal rules so that one can take an informed decision. The website reveals that the EPF organization has updated the withdrawal rule of EPF Balance which is an employee is not allowed to withdraw 100% corpus before retirement under any circumstances. Even if one is unemployed or has resigned, he or she will not be able to make a claim of withdrawing the entire amount of the EPF Fund. This new rule has been designed to help the retirement saving of employees. Some of the important changes that have taken place are increase in the retirement age from 55 to 57, restriction on withdrawal of EPF amount before 57, existence o0f EPF membership even after the job. While changing the retirement age rule, EPF has made it clear that one can’t get the entire EPF balance corpus amount before the retirement at the age of 58. However, one can withdraw 90% of the EPF fund at the age of 57 and the main reason behind such rule is to help the employee save at the old age days.

Offering repeated engrossment with the experience, epf-india.co.in has been a prime source of information regarding employee provident fund. With thousands of visitors every day, the website pursues to grow every single day.

The website vividly states that the new rule by EPFO does not allow one to get the employer part of EPF contribution and interest before retirement. The EPF Corpus that an employee gets comprises of four parts i.e. employee contributed amount, employer contributed amount, interest on employee contributed amount as well as interest on employer contributed amount. Being aware of the new rules regarding EPF withdrawal is easier now with epf-india.co.in.

About epf-india.co.in:
Epf-india.co.in is a leading online portal that offers all the details about the rules and much more of EPF.

For more information, please visit http://epf-india.co.in/epf-withdrawal-new-rules/

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