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EPFO allows medical advance of up to Rs 1 lakh for COVID treatment

EPFO allows medical advance of up to Rs 1 lakh for COVID treatment: The Employees Provident Fund Organisation or EPFO allows its members to withdraw medical advance funds to help with sudden costs incurring with COVID treatment. For a medical emergency, such as hospitalisation, members can withdraw Rs 1 lakh in advance. The retiring body stated in a circular that this can be done without the production of any documentation or estimates. In a statement issued last year in the wake of the Delta wave, the EPFO stated that in cases of life-threatening diseases, it i      Read More