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EPFO: Now this facility has been discontinued, account holders will not be able to do this
IndiaEmployment Desk | June 15, 2024 6:15 PM CST

People working in private sector companies deposit their money through EPFO. Many facilities are provided to these people by the Employees Provident Fund Organization. Now there is big news for these people. The news is that the Employees Provident Fund Organization has now announced the closure of a special facility, which was started during the Corona epidemic. Now the employees associated with EPFO ​​will not get the benefit of this facility.

Recently a notification was issued by this Employees Provident Fund Organization. Through this, it was said that Kovid-19 is no longer an epidemic, so the facility of Kovid Advance is being discontinued with immediate effect. Now this type of facility will not be given to anyone.

The facility was started for this reason

This facility was started by the Employees Provident Fund Organization to overcome the economic crisis during the Corona epidemic. Now EPFO ​​has decided to close it.

Account holders were given the facility to withdraw money twice

Let us tell you that this facility was given to the people by the Employees' Provident Fund Organization during the first wave of the Corona epidemic. During the second wave of Corona, employees were allowed to withdraw another advance amount on 31 May 2021. Under this, the Employees' Provident Fund Organization had given the facility to the account holders to withdraw money twice as an advance due to the financial needs of covid-19.

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