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PF money News

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There are different types of EPF advance that members can apply. Check 10 reasons for which you can withdrawal partial money from EPFO  
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To make withdrawals easier, the EPFO is coming up with a new initiative that will allow subscribers to withdraw their PF money directly from the ATMs, as per a news media report.
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For the fiscal year 2020-2021, the government has transferred interest at an 8.5 percent rate. This additional money credited to PF account holders will be especially valuable in the event of a medical emergency. This money is intended for large-ticket purchases such as a home, automobile, or education, as well as retirement.
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Retirement fund body EPFO on Monday fixed 8.65 percent rate of interest on EPF deposits for the current fiscal for its over four crore subscribers.    
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All that paperwork for withdrawing your PF money may soon be history.
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Retirement fund body EPFO has started a new facility to transfer provident funds of foreign employees to bank accounts in their own countries.






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