The regional office of Employees’ Provident Fund Organisation launched EPFO Housing Scheme 2017 for the members of EPF in three districts of Kolhan Division of Jharkhand. Under the scheme, the organization will provide the facility of purchasing the houses through PF accounts. The scheme will benefit the member of Employees’ Provident Fund.
EPFO Housing Scheme 2017
Areas to be covered under EPFO Housing Scheme 2017
- East Singhbhum
- West Singhbhum
For constructing houses, the scheme will provide home loans facility to the employees connected with EFPO. The EPFO housing scheme Kolhan will only benefited the employees working in these three districts and having a EPFO membership.
EPFO Housing Scheme – How to Get Benefits
A registered housing society of alteast 10 EFPO member to be created under the scheme.
Bonafied employees having a EPFO membership are required to formulate a society for which the beneficiary can withdraw upto 90% from theri saved EPFO funds.
Minimum EPFO membership of the employee should be 3 years
Minimum PF balance should not be less than Rs 20.000
News Source: http://www.avenuemail in/jamshedpur/epfo-launches-housing-scheme-members-kolhan-io-lakh-