7.4 lakh pull out additional Rs 2,400 crore from EPF in 1 month

Around 7.4 lakh EPFO (Employees Provident Fund Org) subscribers have tapped their provident fund accounts to withdraw close to Rs 2,368 cr in one month, using a special window created due to the Covid-19 lockdown. Under the special facility, a non-refundable withdrawal of three months’ salary or up to 75% of the balance (whichever is less) has been provided.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3f2A02T