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WigglyQuokka
WigglyQuokka
5mo
by
TCS

On PF withdrawal

Can i withdraw around 40 percent of my PF for delivery of baby? What is the process?

5mo ago
BouncyBiscuit
BouncyBiscuit
TCS
5mo

3 to 4 lakhs in delivery???? Have you booked presidential suite in hospital??? Max to max it takes 1 lakh or 1.5 in good hospital.

SnoozyNoodle
SnoozyNoodle
TCS
5mo

Agree ,1.5 lakh max.

SnoozyNoodle
SnoozyNoodle
TCS
5mo

Delivery of baby comes under medical treatment.So you will be allowed to withdraw.Why you are you withdrawing money from PF? You can use mediclaim policy.PF is good tax free investment for long term.

WigglyQuokka
WigglyQuokka
TCS
5mo

Actual cost will be about 3 to 4 laks. Insurance is only till 1lak cashless.

PerkyLlama
PerkyLlama
TCS
5mo

Don't withdraw your PF. Get no cash Mediclaim. It's not a good idea to withdrew PF

WigglyQuokka
WigglyQuokka
TCS
5mo

Cost is about 3 to 4 laks. Only 1 lak is covered cashless from insurance.

BubblyPancake
BubblyPancake
TCS
5mo

U can check the catefories for which pf withdrawal is allowed and also the amount and eligibility criteria, It's there in gess.

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