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The Employees’ Provident Fund Organisation (EPFO) has raised the eligibility limit of 68J claims for withdrawal from Rs 50,000 to Rs 1 lakh. EPF advance under para 68J can be withdrawn for treatment of illness of subscriber or his/her family member.
The EPFO made this important announcement on EPF withdrawal limit for medical treatment in a circular on April 16, 2024. “It is to inform that the Competent Authority has approved the limit of auto claim settlements under para 68J from Rs 50,000 to Rs 1,00,000,” EPFO said.
The decision promises to provide EPF members additional financial freedom.
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