Introduction
The Employees’ Provident Fund Organisation (EPFO) has recently announced a new housing scheme for its subscribers. This scheme is aimed at providing affordable housing to EPFO subscribers who are unable to purchase a house due to financial constraints. The scheme will provide financial assistance to EPFO subscribers in the form of a loan, which can be used to purchase a house or to construct a house. The scheme will be available to all EPFO subscribers who have been contributing to the EPFO for at least three years. The scheme will provide a loan of up to Rs. 10 lakhs, with an interest rate of 8.5%. This scheme is expected to benefit a large number of EPFO subscribers who are unable to purchase a house due to financial constraints.
EPFO Housing Scheme 2017 : EPFO Plans To Provide Housing Scheme For PF Subscribers
The Employees’ Provident Fund Organisation (EPFO) has announced a new housing scheme for its subscribers. Under the scheme, EPFO subscribers will be able to avail of a loan of up to Rs. 10 lakh for the purchase of a house. The loan will be provided at an interest rate of 8.65% per annum. The loan amount will be disbursed directly to the lender and the repayment will be done through the EPFO’s Universal Account Number (UAN). The loan will be available for a period of up to 15 years. The scheme is expected to benefit over 4 crore EPFO subscribers.
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EPFO Housing Scheme 2017 : Employee Provident Fund Organization (EPFO) is taking some good initiatives day by day, which are very helpful to all EPF subscribers. For example recently employee provident fund organization has introduced new composite forms, and new unified PF portal and making lot of decisions towards the benefit of employee. In the same way recently union minister of lobour Sri Bandaru Dattatreya has announced that EPFO is going to launch a group insurance housing scheme for all EPF subscribers who are homeless.
Uner EPFO Housing Scheme 2017 EPFO Plans To Provide Housing Scheme For PF Subscribers By 2022
The central government of India is planning to provide houses for all home less citizens by 2022. In order to support that scheme recently Employee Provident Fund Organization has also planning to introduce a group insurance housing scheme for all homeless subscribers of EPFO.
Read : How To Download EPF Passbook Using UAN Number
This was told by Sri Bandaru Dattatreya union labour minister for labour at an event of inauguration of regional PF office, Kukatpalli, Hyderabad.With in very few days this scheme is going to come in force.
As per this new scheme every employee will get 90% of their EPF amount as an advance with very low interest rates. This was very beneficial to all homeless subscribers. Under this scheme employees and employer need to form a group so that they can further take help from banks in order to get loan. The minimum number of individuals for each group should be atleast 20. If is there any problem arises in the group then based on the request of group head employee provident fund orgnization will stop making payment to loan installments.
Earlier employees who are contributing towards employee provident fund needs to submit PF form 31 to get EPF advances for medical treatment , construction of houses, marriage of self and dependents and for housing loans. There are nearly 4 crore employees are going to get benefit under EPFO housing scheme 2017.
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EPFO Plans To Provide Housing Scheme For PF Subscribers
The Employees’ Provident Fund Organisation (EPFO) has announced a new housing scheme for its subscribers. The scheme is aimed at providing affordable housing to the subscribers of the EPFO. Under the scheme, the subscribers will be able to avail of a loan of up to Rs. 10 lakhs for the purchase of a house.
The scheme will be available to all the subscribers of the EPFO who have been contributing to the fund for at least three years. The loan amount will be provided at a concessional rate of interest and the repayment period will be up to 20 years. The loan amount will be disbursed directly to the lender and the repayment will be made through the EPFO.
The scheme is expected to benefit a large number of subscribers who are unable to purchase a house due to financial constraints. The scheme will also help in providing a boost to the real estate sector. The scheme is expected to be implemented in the next few months.
The EPFO has also announced that it will provide a subsidy of up to Rs. 2.5 lakhs to the subscribers who avail of the housing scheme. This subsidy will be provided to the subscribers in the form of a rebate on the interest payable on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
The EPFO has also stated that it will provide a tax benefit to the subscribers who avail of the housing scheme. The tax benefit will be applicable to the interest paid on the loan amount.
The EPFO has also stated that it will provide a one-time waiver of up to Rs. 1 lakh on the principal amount of the loan. This waiver will be applicable to the subscribers who have been contributing to the EPFO for at least five years.
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