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10 March 2014

PF Partfinal payments

Rules and Conditions for Sanction of Part final Withdrawal
RULE
REASONS
ELIGIBILITY
AMOUNT
15-B
Expenditure towards higher education including traveling expenditure of self, child. Education includes outside India.
On completion of 20 years of service or 10 years service before retirement
3 months pay or half of GPF balance whichever is less. In special cases upto 10 months of pay.
15-C
Expenditure towards illness of self and family.
---do---
6 months pay or half of balance whichever is less. In special cases 3/4th of balance
15-D
Expenditure towards marriage and betrothal of self, son, daughter and female dependant.
---do---
6 months pay or half of balance whichever is less. In special cases upto 10 months pay.
15-E
Expenditure towards house building purpose. 
After completion of 15 years service or within 10 years of retirement.
Upto 3/4ths of the balance or actual cost whichever is less
15-F
Expenditure towards acquiring house site.
----do----
1/4th of balance or actual cost of site whichever is less
15-G
Expenditure towards construction of a house on a site purchased from the amount withdrawn under Rule 15-F
---do----
1/3rd of balance or actual cost whichever is less
15-H
Acquiring a farm land or business premises
6 months before retirement
Upto half of balance or 6 months pay whichever is less. In special cases upto 3/4th of balance.
15-I
Expenditure towards purchase of motor car
After 28 years of service or 3 years before retirement
Rs.12000/- or 1/4th of balance or actual price whichever is the least.