If you have started a new job and for some reason want to leave the job before the completion of one year, then the biggest question in your mind will be – “What will be my PF money? “It was a big confusion in the old rules, but now the central government has notified the new Employees’ Provident Fund (EPF) Scheme, 2026. This new scheme has made the rules of withdrawal much easier.
The new scheme, which replaces the old scheme of 1952, has been brought under the Social Security Code, 2020.
In the new scheme, two new terms have been added – Minimum balance and Eligible Member balance. If you have worked for less than 1 year, you can still withdraw money from the PF account, but not in full. Let’s understand in detail what these rules are and how much money you can withdraw.