EPFO subscribers can now avail a Coronavirus relief scheme

By admin | Jun 25, 2020

The COVID-19 pandemic and the stringent lockdown in India have led to many employees and employers facing a financial crunch. To provide relief, the Indian government has made an announcement that allows individuals to withdraw a certain amount from their Employee Provident Funds (EPF) if they are facing financial difficulties due to the Coronavirus pandemic. 


About 12 lakh employees have already availed this Coronavirus relief scheme and about Rs 3,600 crores have been disbursed so far by the Employee Provident Funds Organisation (EPFO), as disclosed by Finance Minister Nirmala Sitharaman. 

Under the scheme, EPFO subscribers can withdraw 75% of their savings from their Provident Fund (PF) account or they can opt to withdraw a maximum of 3 months’ basic pay and Dearness Allowance (DA) - whichever is lower. 

The Finance Minister also announced that under this scheme there will be a reduction of statutory PF contribution from 12% to 10% of basic wages for both the employers and employees for the next 3 months. 

This scheme is not just relevant to the current COVID-19 pandemic, but also in the case of any such epidemics or pandemics in the future. 


Eligibility to apply for withdrawal

You can apply for withdrawal of your EPF amount by logging in to the EPFO e-sewa website or by downloading the UMANG app on your mobile phone. To apply to claim, an EPF account holder should satisfy the following conditions:


  1. Universal account number (UAN) number of the account holder should be active.

  2. Aadhar number should be verified and linked to UAN.

  3. IFSC code of the bank account of the EPF subscriber should be seeded with UAN.


To apply, the EPFO subscribers are not required to provide any certificates or documents to the employer. The subscribers, however, need to ensure that correct bank details are mentioned to avoid failure of EPF credit.



This Coronavirus relief scheme aims to facilitate more take-home salary for employees and reduce the burden of PF repayment for employers. However, caution must be maintained to withdraw your EPF amount as the last resort once you’ve exhausted all other options of securing finances. The EPF is a type of savings that provides exemptions from tax to a certain limit and is also considered as a good debt investment option. 




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