To ease the financial situation for citizens of this country during the ongoing coronavirus pandemic, the Government of India announced Covid-19 PF Advance option allowing individuals to withdraw a certain amount from their Employees’ Provident Fund (EPF) account.
The request form can be submitted online via the official EPFO website as well as UMANG app and website.
If you are looking to apply for PF Advance, we have put together a complete guide on it along with a few things that you should keep in mind before proceeding with the steps.
Things to keep in mind
With PF Advance, individuals can avail a non-refundable withdrawal up to three months. The amount is limited to the basic pay of the employee or up to 75 per cent of the total balance, whichever is less.
To be able to withdraw or submit the application, individuals will need to get their UAN authenticated with Aadhaar. Also, a phone number should be linked with the UAN.
Download and install UMANG app
If you already have the UMANG app installed, move to the second step.
Open UMANG app on your smartphone and tap on EPFO option
If you can’t see the EPFO option, tap on the search bar and type EPFO.
Tap on ‘Request for Advance (Covid-19)’ option
Enter your UAN number and tap on ‘Get OTP’
This OTP will come on the phone number registered with EPFO
Enter the OTP received and tap the ‘Submit’ button to login
Once logged in, enter bank account number and choose ‘Member ID’ from the drop down menu
Then tap on ‘Proceed for claim’ button
On next page, enter your address and hit Next
Now, select Form 31 from the drop down menu and enter ‘Amount of Advance required
Upload an image of cheque with details like bank name, IFSC code and account number is clearly visible
Do note that the upload file size should be less than 100kb.
Accept the declaration by selecting the checkbox and tap Submit OTP
After receiving the Aadhaar OTP, tap on ‘Submit’ button
The Covid-19 Advance application has been submitted.