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EPF News: The dream of building 'your own home' can now be realized; EPF introduces a new method—find out how to get assistance.

Indiaemploymentnews | July 10, 2026 3:39 PM CST

EPF News: The official EPFO website had been offline for maintenance for a while. It has now been relaunched with a revamped interface. Beyond just the website's renewal, several new features have been introduced for members to help them secure their future and fulfill their dreams—one of which is building 'their own home.'

Everyone dreams of building their own home, and now EPF has found a way to assist its members in doing just that. With this new change, you can build or purchase your dream home with EPF's help. Let’s take a closer look at this new facility.

Build a home with EPF

This new facility is the 'EPF Advance,' which makes building a home much easier. If your dream of owning a home remains unfulfilled, this facility from the Employees' Provident Fund Organisation (EPFO) could prove very useful. Details about this were shared via a post on EPFO's official X (formerly Twitter) account. View the post here:

The post highlights how the EPF Advance simplifies life's necessities. You can now utilize the EPF Advance to build a home. It also explains how EPF can assist you in constructing the home of your dreams.

EPF Advance Features

Through the EPF Advance, you can withdraw up to 75% of the accumulated balance in your account as an advance.
This facility can assist in purchasing a house, flat, or plot.
It enables you to build a new home or repay an existing home loan.
You can also use it for home or flat repairs, renovations, or improvements. This facility is available to individuals who have completed at least 12 months (one year) of EPF membership.
A housing advance can be availed a maximum of five times during the tenure of EPF membership.

Relief for Employees

This scheme offers significant relief to employees who wish to purchase their first home or reduce the burden of an existing home loan. It may also reduce the need to take out additional loans from banks. However, withdrawing an advance from the EPF can impact your retirement corpus; therefore, it is important to consider your future financial needs and savings before making a withdrawal.