How to withdraw PF for home loan repayment?

Wondering how to withdraw PF online for home loan repayment? You can withdraw from your Provident Fund (PF) to repay your home loan in India under certain conditions set by the Employees' Provident Fund Organisation (EPFO).

• You must have completed at least 5 years of continuous service. The property must be in your name, your spouse’s name, or held jointly. The withdrawal is allowed for home loan repayment, purchase of a house, or construction of a house.

• You can withdraw up to 90% of your PF balance. The withdrawal amount is subject to a maximum of the total principal and interest outstanding on the home loan.

• Proof of ownership (property documents). Loan sanction letter from the financial institution or bank. Details of the home loan account. EPF Form 31 (for partial withdrawal).

What is PF Withdrawal for Home Loan Repayment Procedure?

Here's a step-by-step guide on how to do it:

Visit the UAN portal and log in using your UAN and password. Select ‘Claim (Form-31, 19, 10C & 10D)’ from the drop-down menu. Choose the purpose as ‘Repayment of Home Loan’ and enter the required details.

Upload scanned copies of necessary documents like the loan sanction letter and property papers. After filling in the details and uploading the documents, submit the application.

Fill out Form 31, attach required documents, and submit it to the EPF office through your employer. The withdrawal is usually processed within 15-20 working days.

Withdrawing PF for home loan repayment is a straightforward process if you meet the eligibility criteria. The online UAN portal makes the process easier, allowing you to track the status of your application seamlessly.

This is how to withdraw PF for home loan repayment.

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Isn’t it awesome that you can finally use the PF amount in the times of emergency to your benefit. I know I know, many may say that this is supposed to be a safe haven for your old age or this is the ultimate retirement plan. But hey, what if you are in dire need of some extra cash? It doesn’t hurt to extract a few bucks from your PF.  Well, if you support the notion then here is how you can make PF withdrawal for home loan repayment quickly.

If you are planning PF withdrawal for home loan prepayment or repayment you must at least have the following information with you:

• UAN number

• Bank account details of EPF account holder

• Monthly contribution records for the last 3 months

• Print out of e passbook from EPFO website

You can withdraw PF for home loan repayment either online or offline. Follow the steps below:

• Visit the EPFO portal and login using your UAN and password

• Navigate to the 'Online Services' tab and then click on 'Claim'.

• Now fill in your details such as name, date of birth, father's name, PAN number, Aadhaar number, date of joining the company, and mobile number.

• Hit 'Proceed for Online Claim'.

• Here you will have the option to choose type of claim select 'PF ADVANCE (FORM 31)' from the given options.

• Select the reason from the drop-down menu.

• Now enter your required amount and address

• A check box will appear for declaration, click on it

• Click on 'Get Aadhaar OTP'. 

• Now enter the OTP and validate it. Hit ’claim form’

• After careful verification, the amount will be disbursed to your account.

This is the complete process on

PF withdrawal for home loan repayment.