Equated Monthly Installment

Under the proposed scheme, there will be a tripartite agreement between member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment. - Sakshi Post

Under the proposed scheme, there will be a tripartite agreement between member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.

Pledging PF to Buy Home May Soon become Reality

Aug 14, 2016
Subscribers will be able to pledge their provident fund to buy low-cost houses and use the account to pay equated monthly installments.
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