Silver for first time job seekers! Government will provide assistance of ₹ 15,000, EPFO released new update
EPFO Incentive: If you are also going to start a job then there is great news for you. Actually the Ministry of Labor and Employment has made a tweet. It has been told in this tweet that under the Pradhan Mantri Vikas Bharat Rojgar Yojana, now an incentive amount of Rs 15000 will be provided from the government. Let us also tell you its complete details.
According to the tweet issued by the ministry, if you are going to do a job for the first time. Meaning, for the first time, an amount of Rs 15000 will be provided to the EPFO registered employees under this scheme. You can get more information about this scheme at pmvry.labour.gv.in. According to the tweet of the ministry, the benefit of this scheme will be given only to those who are registering with EPFO for the first time.
How will you get benefit?
To avail the benefit of this scheme, you will have to be EPFO registered. Meaning, now when you start a job, your EPFO account is opened. As soon as the account is opened, you get registered with EPFO. After this it gets linked to your PF account. Then you get the benefit of this scheme in the form of incentive. To avail the benefits of this scheme, you can register yourself by visiting pmvry.labour.gv.in. You can also do this process online sitting at home.
Under the Pradhan Mantri Vikas Bharat Rozgar Yojana, an incentive amount of up to ₹ 15,000 will be provided to the youth who get formal jobs for the first time. For more information Visit at. #MoLE #Employment pic.twitter.com/nw9laLUACn
— Ministry of Labor & Employment, GoI (@LabourMinistry) December 28, 2025
PF withdrawal rules
This happened for those who got the job for the first time. If you are already registered in EPFO and you want to withdraw money from PF, then let us tell you when and how you can withdraw how much amount. According to the new rules of PF, withdrawing money from PF account has now become easier than before. Soon EPFO is going to provide withdrawal facility through ATM card also. According to the new rules of PF, you can withdraw your money for your marriage or someone in your family, for buying a house or for repairing the house, for children’s education and for illness.
When and how much money can be withdrawn?
That’s enough about withdrawing money, now let us tell you how much money you can withdraw for which item. The time and amount to withdraw money from PF depends on your need; On leaving the job, you can withdraw 75% immediately and the remaining 25% after 12 months, while withdrawal is also possible with terms and conditions in special circumstances like buying a house, marriage, illness or retirement. 75% Withdrawal: You can withdraw 75% of your total PF immediately after leaving the job.
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Whereas after 12 months of continuous unemployment of 100% withdrawal, you can withdraw the entire money including the remaining 25%. In case of marriage, after 7 years of service, you can withdraw up to 50% for yourself or your family. You can withdraw the entire amount (or 6 months’ salary) for the treatment of yourself or your family, there is no requirement of service period for this.
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