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  • You can Withdraw 90% of EPF to Buy Home

    Publish Date : 25 Apr 2017

    Over four crore sub scribers of the retirement fund body EPFO can now make down payment and pay EMIs from their EPF accounts to buy homes. The subscribers of the Employees Provident Fund Organisation (EPFO) will be able to withdraw up to 90% of their accumulations in their PF account for purchase of homes. The EPFO has amended the scheme by inserting a new paragraph -68 BD -to the Employees' Provident Funds (EPF) Scheme, 1952, to enable a subscriber to make down payment to buy homes and pay EMIs through the EPF account, a senior official said. - www.economictimes.indiatimes.com [25-04-2017]

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