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EPFO has increased the limit for medical treatment under 68J of the EPFO rules.

New Delhi: In a piece of good news for EPFO account holders, the Employees Provident Fund Organisation (EPFO) has doubled the existing eligibility limit for medical emergencies from Rs 50,000 to Rs 1 lakh. The EPFO has increased the fund for medical emergencies under paragraph 68J of Form 31 under the EPFO rules. The changes made by the world’s largest social security organisation will be effective immediately, and therefore, subscribers can now claim up to Rs 1 lakh for medical treatment expenses, which was earlier Rs 50,000. Paragraph 68J of the EPFO rules allows an EPF contributor to apply for an advance for themselves and their dependents’ medical expenses. “The competent authority has approved the limit of auto claim settlements under Paragraph 68J from Rs 50,000 to Rs 1,00,000 and the same has also been deployed in the application software on April 10, 2024. This is for information and further necessary action of all”, the EPFO said while announcing the increase in medical emergency fund.

EPFO Medical Fund: How To Do Partial Withdrawal

1. The EPFO members need to first log in to their EPFO portal using their Universal Account Number (UAN) details and ensure that Know Your Customer (KYC) details and service eligibility information are accurate and updated.
2. The  next step is choosing the type of claim the customer wishes to avail of, for example, marriage, medical emergencies, house purchase, or home loan repayment.
3. Verify the account using the one-time password (OTP) received on your registered mobile number.
4. At the last step, the customer has to complete the online claim submission process by following the prompts and providing the necessary documentation.

68-J Advance From EPFO Fund for Illness In Cases:

(1) A member may be allowed non-refundable advance from his account in the Fund in cases of: (a) hospitalisation lasting for one month or more, or (b) major surgical operation in a hospital, or (c) suffering from T.B., leprosy, paralysis, cancer, mental derangement or heart ailment) and having been granted leave by his employer for treatment of the said illness, as per the EPFO website. “The amount advanced under this paragraph shall not exceed the member’s (basic wages and dearness allowance) for (six) months or his own share of contribution with interest in the Fund, whichever is less,”  the EPFO documents also said.