ADVERTISEMENTREMOVE AD

EPFO Members Can Now Avail Medical Advances of Up To Rs 1 Lakh

EPFO members can withdraw a lump sum amount of up to Rs 1 lakh in case of emergency hospitalisation.

Published
Business
1 min read
story-hero-img
i
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female

Employees' Provident Fund Organisation (EPFO) is now allowing its members to withdraw an emergency medical advance without documentation in case of emergency hospitalisation due to serious life-threatening illness, including COVID-19.

Earlier, medical advances were given after the estimates were provided by the hospital. However, EPFO notes that sometimes, in case of emergency, it is difficult to get estimates from the hospitals. Therefore, it has been announced that a medical advance of up to Rs 1 lakh approximately can be granted by the competent authority in case of emergency hospitalisation.

The official notification released by EPFO reads: "A lump sum medical advance up to Rs 1 lakh may be granted by the authority competent to grant medical advance by relaxing the formality of estimate from the hospital treating the employee or for depositing the advance with the hospital for starting treatment."

ADVERTISEMENTREMOVE AD

How to Avail EPFO Emergency Medical Advance

  • Visit EPFO's official website: epfindia.gov.in
  • Go to services tab and click on 'For Employees'
  • Click on 'Member UAN/Online Service (OCS/OTCP)' under services.
  • You will be directed to EPF Unified Portal
  • Login using your universal account number (UAN) and password
  • Click on Claim (Form-31, 19, 10C & 10D) under online services
  • Verify bank account details connected with UAN
  • Read all the terms and conditions and accept it
  • Then proceed for online claim and click on medical emergency

For more details about eligibility to avail medical advances, EPFO members can check the official circular.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from news and business

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×