Posts Tagged ‘buying a house epf withdraw’

EPF withdrawal for buying house and paying EMI – New EPFO rule

EPF withdrawal for buying house and paying EMI – New EPFO rule

A new EPF withdrawal rule is out, now you can withdraw 90% of EPF balance for buying a house, flat or under construction property. In addition to withdrawal, you can also use EPF fund for repayment of home loan EMI. This new scheme is called as Employee Provident Funds (Fourth Amendment) Scheme 2017. It is applicable from 12th April 2017. You must be thinking that EPF subscriber was able to withdraw fund for multiple purposes including buying a house, so […]