How many times GPF Can be Withdrawn by an Employee

An important query raised by PF holders is, how many times GPF can be withdrawn by an employee? Find the accurate solution here…

A government employee, who is part of the General Provident Fund, will have multiple chances to withdraw accumulated amount from GPF account. An individual can withdraw the GPF advance any number of times in their career, by maintaining a 4 months gap between each withdrawal.

The rule also applies with 6 months time gap between each withdrawal which maintained to raise new requests. In exceptional cases, the withdrawal time gap may relaxed by the sanctioning authority based on the application submitted.

Is GPF Tax Free

GPF Full Form

A GPF holder can withdraw up to 50% of accumulated amount or amount equal to half yearly sale whichever lower. This part of the withdrawal stated in Rule 15 of the General Provident Fund. The sum withdrawn by subscriber must not exceed 50% of salary or the minimum six months salary, in condition whichever lower.