Statutory Benefits

Withdrawal of Fund Balance with Interest and Dividend

Although Employees’ Provident Fund [EPF] which requires that a compulsory age be completed to claim the fund balance, members of ETF do not have to wait till they complete a specified age to withdraw their fund balance.

Exceptions to this rule are:

General Instructions for making a withdrawal Claim

Members cannot, while being employed, make a claim for withdrawal of fund balance made up of contributions from the current employer, even if they have completed five years of service.

Methods of Settling Claims

  • Normal system

    Claims are paid within 21 working days subject to availability of returns and submission of required documents which mention above.

  • Special system

    Claims are paid within 10 working days subject to producing documentary proof in support of the urgency, for instance migration, sickness/surgery, redeeming of pawned articles, family expenses such as weddings, educational expenses etc.

  • Express claims system

    Claims are paid within two working days. Before accepting claims, the Board will ensure that contributions and returns have been received by the Board from the respective employees. An official service fee is charged for each claim, depending on the value of the claim.

Value of the claim Fee
Up to Rs. 100,000.00
Rs. 1,000.00
Rs. 100,001.00 to Rs. 1,000,000.00
Rs. 2,000.00
Over Rs. 1,000,000.00
Rs. 3,000.00
The number of claims accepted on this basis per day is limited to 65.

Withdrawal claims are accepted and processed at the following offices of the Board :

Claim applications may also be handed over to other Regional Offices of the Board.