Earlier, EPF scheme rules allowed withdrawal of money from one’s account due to a medical emergency, but the amount was based on estimation of medical expenses or reimbursement of medical bills. Now one can apply for a medical advance of up to Rs 1 lakh. How one can avail of EPF ...
The amount of medical advance will be adjusted from the final bill of the hospital as per the EPF withdrawal rules. Depending on the amount that an EPF member is eligible to receive, the adjustment of medical bill or recovery of advance will be done while processing the medical bills of the...