Withdrawals from GPF
Withdrawals of PF amount for the following purposes:
1.Education
2.Purchasing Consumer Durables
3.Illness
4.Obligatory Expenses
5.Purchasing a house site
6.Constructing
7.Reconstructing
8.Housing
9.Renovating ancestral house
10.Repayment of outstanding housing loan
11.Extensive repairs / overhauling of motor car
12.Purchase of motor car/motor cycle /scooter, etc or for repaying government loan already taken for the purpose
13.Making deposit to book a motor car/motor cycle / scooter moped, etc
14.Once in a financial year towards subscription paid for the Grv,, Insurance Scheme.
15.Charges for conversion from leasehold to freehold of property allotted / transferred by Delhi Development Authority / State Housing Boards / House Building Co-operative Societies
16.Without assigning any reason.— Rule 15 (1) (Q)
Limits:
1. Items 1 to 4—
(a) Normally, one half of the amount at credit or six months’ pay plus DP, whichever is less;
(b) Up to three-fourths of the amount at credit at the discretion of the sanctioning authority.— Rule 16(1).
2. Items 5 to 10—
(a) Up to 90% of balance at credit;
(b) The amount of withdrawal plus the Government loan already taken should not exceed the limits prescribed under the HBA Rules — Rule 16(1) and Proviso.
3. For Item 11, one-third of the amount at credit or the actual amount of repairing / overhauling, or Rs. 10,000, whichever is the least.— Rule 15, GID(2).
4. For Item 12, Rs. 1,10,000 for motor car and Rs. 20,000 for motor cycle / scooter / moped, etc., but the amount of withdrawal (plus withdrawal if any, availed for booking) should not exceed 50% of the amount at credit on the date of application for withdrawal for purchase, or the actual price of the vehicle, whichever is less.— Rule 15, GID (1).
5. For Item 13, fifty per cent of the amount at credit or Rs. 22,000 in the case of car and Rs. 4,000 in the case of motor cycle, scooter, etc., or actual amount of registration, whichever is less. This amount will be taken into account for determining the overall ceiling of Rs. 1,10,000 for car and Rs. 20,000 for motor cycle / scooter, etc.— Rule 15, GID (3).
6. For Item 14, an amount equivalent to one year’s subscription paid toward5 the Group Insurance Scheme.— Rule 15(1) (D).
7. For Items 15 and 16, up to 90% of balance at credit only once during service.— Rule 15, GID (6) and Proviso 3, Rule 16 (1).
Eligibility:
1. For Items 1 to 4 : After completion of 15 years of service (including broken periods) or within ten years before the date of superannuation, whichever is earlier.— Rule 15 (1) (A).
2. For Items 5 to 10: Any time during the service.— Rule 15 (1) (B).
3. For Item 11: After completion of 28 years of service or less than 3 years before retirement.— Rule 15, GID (2).
4. For Items 12 and 13: After completion of 15 years of service or within five years before superannuation. In special cases, the Secretary of the Ministry / Department may sanction refundable advance to officials who fall short of the minimum service of 15 years by not more than 6 months. After completion of 15 years of service, the outstanding advance may be converted into final withdrawal. The basic pay plus DP (including NPA, if any) of the official should be Rs. 15,750 or more in the case of car and Rs. 6,900 or above in the case of scooter / motor cycle, etc.— Rule 15, GIDs (1), (3) and OM, dated 8-10-2004. (Revisedpay limits based on Sixth Pay Commission’s pay scales awaited.)
5. For Item 14: All officials admitted to the Group Insurance Scheme. However, withdrawal is permitted if only at any stage the position of a subscriber does not permit him to subscribe to the Group Insurance and GPF / CPF at the same time.— Rule 15 (1) (D) readwith Para. 10.1. o fCGEGIS, 1980.
6. For Item 15: All officials.
7. For Item 16: Those due for retirement on superannuation within a year.
NOTE 1.— Only one withdrawal can be allowed for the same purpose. Marriage or education of different children or illness on different occasions or a further addition / alteration to a house / flat covered by a fresh plan — these are treated as for different purposes.—- Rule 15(1), Note 5.
NOTE 2.— Betrothal and Marriage are treated as separate purposes.— Rule 16, GID (2).
NOTE 3.— Both advance and withdrawal should not be sanctioned for one and the same purpose at the same time.— Rule 15(1), Note 6.
Sanctioning Authority.— Authority competent to sanction advance for special reasons as in Fifth Schedule.
Conversion of advance into withdrawal.— A subscriber may have the balance outstanding against an advance sanctioned to him converted into final withdrawal on his satisfying the conditions laid down for such withdrawal.— Rule 16-A.
Dear Sir,
Can I withdraw GPF partfinal for constructing a house on a plot which is in the name of my husband.
Sir,
My wife is Delhi Govt. employee. She wants withdrawal from GPF for the purchase of residentail house in her husband name. Is she eligible or not
I have already applied part file GPF advance for the purchase of housing board plot some 10 years ago, which I have sold it subsequently. Now, I would like to construct a house on the plot which is in the name of my spouse. For that purpose can I apply a part final GPF advance.
i want to buy a car which will cost around 6-8 lacs.
but limit for withdrawing funds for car is around Rs 1.2 lacs?
What can i do? I don’t want to take a loan of 5-6 lacs to form the other part of my total payment of the car.
Even if i take load of 5-6 lacs for the car, can i repay it from GPF?
I am central gov. servent. I withdrawal gpf for house construction/and plot purpose.
now second time can i withdrawal gpf for purchase a new flat/plot/or construction.
Sir,
I have been appointed on 5.5.2010 as LDT. in Greater Hyderabad Municipal Corportion. Plese clarify whether I can subscribe to General Provident fund regularly.
Yours faithfully,
M.Naganna
I am working in NSSO(FOD)Ministry of Statistics and Programme Implementation,Govt.of India and I am 18yrs.of service.I want to apply GPF withdrawal for Renovating ancestral house at my home town Thoubal in Manipur.What are the documents to be submitted for this purpose?
Your urgent reply is eagerly awaited.
Thanking you.
I want to purchase freehold flat for my wife’s name .She works in delhi govt. Can I withdrawal GPF from my gpf account.Because OS told me your name is necessary in the property for withdrawal GPF.
I booked a flat in Gr Noida dt April 2010 at time that i borrowing sum amount from my brother in law.I want to refund that amount now.Can i withdwal my GPF(withdwl) for this reason. my complet serives is 20 yr.
Purchase of flat by wife, whether I can give amount from withdrawal of my gpf. She is also central govt. employee. Document will be in her name only. , if flat is in the name of Central Government Employee’s wife, whether i get withdrawal or not? What reasons I have to write in the application form
i want to know,employee took loan from govt housing loan , he died and not paid Housing loan so can we deduct loan amount from his CPF amount..? he died..if he give promise to deduct loan amount from his CPF then is it possible ?
Repayment of housing loan from G.P.F., if plot is in the name of Central Government Employee’s wife, whether i get withdrawal or not?
Is there any financial assistance source from Central Government employer of for higher education of childrens studying as BSc,MSc. etc. of govt employees?
I would like to deduct Rs.20000/- as a GPF monthly contribution how much maximum amount can withdraw from GPF account?
My son (age 20 years) has been allotted a DDA flate and he is dependant on us (Parents). Can I withdraw my GPF on non refundable basis, for giving to my son for the payment to DDA towards the cost of flate as demanded by DDA from my son.The DDA flate is only in the name of my unmarried son.
i wish to avail 90% of CPF for construvction of a house. What are the documents I must submit for that?
respected sir,
i wish to draw the gpf amount as per the 15 (1) (q),during the vrs application is in process
period, due to some personel reasons then whether it will be sanctioned or not please clarify,i have completed 19 years of service thanking u
I am working as manager in Deputy director office Food & civil supplies kodagu madikeri.
Pl give my balance sheet of my account no. GA19623
Thanking you
Rajashekar Murthy
Manager
Deputy director office
Food & civil supplies
kodagu madikeri.
What is the limit of GPF withdrawl in a year
How may times can withdwal the amount in a year