Need funds to purchase a parking space? EPFO allows partial withdrawal under housing advance. We help you file Form 31 correctly, prepare required documentation, and get your claim approved quickly.
PF Advance for Parking
Parking advance refers to partial withdrawal from your EPF account for the purchase of a parking space, typically when buying a residential property. Under the EPF Scheme, members can withdraw funds for the purchase of a dwelling house, including ancillary facilities like a parking slot. The withdrawal can be made after 5 years of service, and the amount is limited to 36 months' basic wages or the total employee's share with interest, whichever is lower. Our service ensures your claim meets all criteria and is approved without rejection.
Buying a flat/apartment with a designated parking space included.
Buying a parking slot separately in an existing building.
Building a new house with parking facility included.
Buying a parking space from a housing society.
Parking space owned jointly with spouse or family.
Adding a parking facility during home renovation.
Verify service years (minimum 5 years) and ensure you haven't taken a housing advance before (if applicable).
Gather property purchase agreement, parking space allocation letter, bank loan documents, and KYC.
File online claim under "Advance – Purchase of Dwelling House/Parking" with accurate details.
Coordinate with employer to approve the advance on the EPFO portal.
Track claim, respond to objections, and ensure funds are credited to your bank account.
We'll handle the entire process – from eligibility check to claim approval – so you can secure your parking space without financial stress.
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