EPFO to introduce a scheme

EPFO to introduce a scheme
16/08/2016 , by , in News/Views

Retirement fund body EPFO may soon launch a scheme to allow it’s over 4 crore subscribers to pledge their provident fund(PF) to buy low cost houses. The proposal will be placed before the EPFO’s Central Board of Trustees meeting expected next month. This scheme was suggested for low income formal workers who are EPFO subscribers and could not buy a house during their entire service period.

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