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What are the reasons for which GPF Withdrawal can be made ?

April 26, 2017gpf reasons withdrawal

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What are the reasons for which GPF Withdrawal can be made ?

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One can make GPF withdrawal for the reasons of higher education of self, children, legal expenditure, expenses towards betrothal, marriage, purchase of consumer durables such as TV, VCR, washing machines, computers etc. Moreover, withdrawal can also be made for purchase or construction of house, repairs or renovation of house etc. If the applicant has less than 12 months to retire, there is no need to give any reason for withdrawal.