According to the guidelines governing Provident Fund (PF) withdrawals in India, employees may, under certain conditions, withdraw up to 90% of their total PF balance prior to retirement. The Employees’ Provident Fund Organisation (EPFO) states that this amount may be withdrawn by an individual upon reaching the age of 54 or, if sooner, upon completing ten years of continuous employment. This clause seeks to offer financial support to people who might require money for a variety of reasons, including urgent medical care, house loans, or other pressing personal requirements.

It’s crucial to remember that, even if these circumstances allow for a 90% withdrawal, the remaining 10% must be invested until retirement age, which is 58 years old. This preserves the PF scheme’s intended function as a long-term savings vehicle by guaranteeing that the employee will have a corpus available to them upon retirement. If an employee wants to withdraw 90% of their PF, they should make sure they meet the eligibility requirements and follow the EPFO standards to avoid any issues or delays in the withdrawal procedure.