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General Provident Fund withdrawal: Payments within 15 days

General Provident Fund withdrawal: Payments within 15 days

Wednesday, March 8, 2017, 6:54 PM

In a good news for about 50 lakh central government employees, the norms for withdrawal of General Provident Fund (GPF) have been relaxed to receive payments within 15 days. Employees can also withdraw the fund for select purposes after completing 10 years of service, as against 15 years of service earlier. The GPF can be taken for education including primary, secondary and higher education.
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