EPF Form 31 – Complete Guide

EPF Form 31 | Documentation | Components | Benefits | Importance – get all the latest updates on EPF Form 11 such like: EPF form 31 new declaration form, EPF form 31 claim status, epf form 31 Annexure 2, EPF form 31 uan, EPF form 31 download & much more @ www.epfoscheme.in

Updated – August 2018

In the Employees Provident Fund (EPF) form 31 is known as the “Advance Form” as it is commonly used for taking loans, PF withdrawals & other advances offering by the EPF in their EPF Accounts. The advanced amount needs to be refunded under the normal case, It should be refunded with the interest if the amount is not used.

Note: In the Employees Provident Fund (EPF) you should maintain a sum of minimum balance in your PF account of an employee prior to calculation of the admissible advance amount.

THE LIST OF REASON’S FOR EPF LOANS

There are many people under EPFO who wants to take a loan for their personal reason that can be anything such as medical help, Wedding, House repairing or construction etc, for better understanding the list of reasons for which advanced can be taken by the member is below:

★ Electricity Cut

★ Educational Purpose

★ Wedding Purpose

★ Repairing of house

★ Repayment of Home loan

★ Medical treatment

★ Dwelling construction

★ Purchasing of a plot

★ Lockout

★ Physically handicapped

★ Alteration of house

★ Abnormal conditions

NECESSITATED DETAILS IN EPF FORM 31

★ Mobile number

★ Member’s name

★ Name of Husband (for married women’s)

★ PF account number

★ Required advance amount

★ Purpose for which advance is required

★ Applicant signature

★ Employer signature

★ Full address

★ Mode of remittance

★ If an advance was taken for repayment of a home loan or construction of a building via an agency, At least an employee should have to mention the name of recipient on whose name the cheque should be drawn in addition to the complete address of the recipient

★ Account number of savings bank

★ IFSC code

★ Bank name

★ Cancelled cheque (Copy)

★ Details related to advanced stamped received

★ Signing official’s designation (along with establishment’s stamp)

★ Branch name and address

★ If the reason for taking the advance is for wedding expenses, the person should have to mention the details of their son/brother/daughter/sister who is getting married, The date of wedding and address

Note: If the reason for taking the advance is not for marriage purposes, Then employee need not fill in any details in the section.

REQUIRED DOCUMENTATION FOR EPF FORM 31

REASON

REQUIRED DOCUMENTS

Dwelling construction

Signed declaration

Medical treatment

Certificate from a registered medical physician, certificate from employer about lack of ESI facility, certificate from specialist (leprosy, tuberculosis)

Wedding purpose

Marriage certificate

Educational purpose

Bonafide certificate from the concerned educational institution

Physically handicapped

Certificate from a doctor

Adversely affected due to lack of power supply

Statement from state government

Purchasing of Plot

Declaration form, copy of purchase agreement

Home loan repayment

Signed declaration

Lock out of an establishment

Declaration

Repairing of House

Proof of need for repair

Alternation of House

Proof of need for alteration

Adversely affected by occurrence of natural calamities

Certificate from the concerned authority

 

About This Information
Updated
Topic
EPF Form 31 - Complete Guide
Rating
51star1star1star1star1star

5 COMMENTS

  1. I need to withdraw maximum amount from my PF account for my own marriage purpose as it is love marriage and against my family, I completed 5 years with current organisation or EPF, so please suggest best option under which i can easily avail my PF advance with minimum/no documents or proof.

  2. Hi, I am Arup Kr Medhi, I have already apply advance Pf through GI group services,but I don’t know what my status ,So I want to know when it will release my advance Pf my UAN no is :100100738728

  3. CLAIM RECEIPT DATE 12/05/2018

    CLAIM FORM TYPE Form-31 (EPF Advance)

    PARA DETAILS Construction of House

    TOTAL AMOUNT APPROVED 300000

    DISPATCH DATE 14/05/2018

    CLAIM STATUS Settled

    REMARKS Claim Form-31 (EPF Advance)(Construction of House) has been settled. Payment sent on- 14-MAY-18 via NEFT.

    but I have not received the amount till date now.

LEAVE A REPLY

Please enter your comment!
Please enter your name here