Trending @Wipro; How to withdraw advance PF in wipro
Hi colleagues does anyone knows how I can withdraw PF amounts in advance to repay my car loan in WIPRO
In Wipro, PF goes to trust so you don't need to go to EPFO, the PF withdrawal process in Wipro is totally internal, but limitation on withdrawal will be same as actual EPFO, you will have to give reason of withdrawal out of 7-8 predefined one and submit a form on internal Wipro portal that it.
you can just submit a support ticket, to know the whole process and portal link.
I withdrew it for one time from Wipro, it's a very smooth process here.
This was the older process where you have to create helpline ticket... Now they are asking to do in the EPFO portal itself... Previously under Covid-19 reason you can get 2 times advance but currently limited reasons are available like medical of self and parents, renovation and house loan deposit, marriage and 1 or 2 more
Just go on epfo site raise claim, fill form 31 and select appropriate reason, make sure you have verified your PAN, Aadhar and bank account already over EPFO site
Is it 3 times in entire sevice lifecycle irrespective of company changes ? I didn't withdraw once from my previous company for home loan closure
Is there a limitation on same? That you have to be in Wipro for 5 years or so?
Go to Myfinancials>financial reports>pf details>View statement >transactions>loan application then apply. Before apply go to right side top utilities dwd the composite form and fill then upload.
You can claim for medical expenses. As you will have 3 chances to claim in service. However if you do in home renovation or something...it is just one time claim in service.
you can just simply claim on EPFO with some exceptional reason. you can select home renovation reason or something. it will work hopefully.
