EPF Withdrawal for Purchasing a site or Flat

EPF Amount can be withdrawn for these purposes also

a) Purchase of house/flat/construction of house including acquisition of site from an Agency
b) Purchase of site for construction of dwelling house/purchase of house/flat from an Individual
c) Purchase of dwelling house/flat on ownership from Promoters

Criteria: Minimum  of 5 years in EPF

No of installments: One or more

Document required with Form 31: Declaration Form from Member

Amount Eligible:

If you are purchasing a site for constructing House : 24 month’s basic wages and DA or Total cost whichever is lower

If you are constructing a house: 36 month’s basic wages and DA  or Total cost whichever is lower


Note: If the Total Employer and Employee share with interest is lower than all these then only that amount would be sanctioned and not the above mentioned amounts.


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