Check the GPF advance rules before applying online GPF loan in BSNL ERP, find the PF loan repayment schedule and what are the causes covered to sanction to BSNL GPF advance…

A BSNL employee who has not completed the 15 years of regular service is eligible for GPF advance as per the certain rules mentioned. The sanctioned GPF loan amount should be recovered from BSNL employee salary as per the existing conditions.

BSNL GPF Advance Rules

BSNL employee or any Government servant can avail GPF advance or GPF loan as per the new GPF Rules in the following circumstances

Expenses on illness, Confinement or disability of a dependent family member with including of traveling expenses.

Cost of higher education for dependents including travel expenses on the following case

• For education outside India for Academic, technical, professional and Vocational courses beyond high school stage.
• For Medical, Engineering or other technical and specialized courses not less than three years in India, beyond high school stage.

Obligatory expenses such as betrothal, marriages, funerals, or other ceremonies including first Sradh ceremony.

Cost of legal proceeding to vindicate his official position, on any allegations made against the employee.

Cost of plot or construction of a house or flat or to make any payment towards allotment of plot or flat by State housing board or any House building cooperative society.

GPF Advance payment percentage

An employee three months pay or half of the amount at credit in employee GPF account which ever is less can be paid as BSNL employee GPF advance and however in special circumstances GPF loan percentage can be permitted not exceeding the amount at credit of the employee at the discretion of sanctioning authority.

The employee can also check the status of GPF advance at BSNL ERP after the online application successfully created in employees ESS portal

Recoveries on GPF Advance

The following are the recovery procedures or rules for GPF advance recoveries or repayment of the loan amount.

• The taken GPF loan by eligible BSNL employee should be recovered in not more than 24 installments.
• In special cases, the GPF advance has been granted in excess of 3 months pay, and the same should be recovered in not more than 36 installments.
• Without the consent of the Government Servant, recovery of advance will not be made, if he is on suspension, or on EXOL or HPL for more than 10 days in a calendar month.
• The recovery may be postponed on written request, during the period when advance of pay granted is also being recovered.
• Sanctioning authority may order recovery of GPF advance either in one lump sum amount or in installments not exceeding half of the emoluments, if it is satisfied that the advance was utilized for a purpose other than the one for which it was sanctioned.

You can also check the latest rules for

• BSNL GPF Withdrawal
• PF Interest Rates
• GPF Nominations
• How to apply BSNL GPF Advance in online at employee ESS portal eportal.erp.bsnl.co.in

What are the new rules for BSNL GPF final withdrawal or Part withdrawn regarding to purchase of flat, plot, medical, education, and the service required for an employee to withdraw GPF amount upto 90% and 75%, also existing options to apply GPF withdrawn amount in online BSNL ERP…

BSNL GPF withdrawn Rules

A BSNL employee who has successfully completed 15 years of service or within ten years before the date of superannuation which is earlier can withdrawn the GPF amount up to 75% of the deposited amount for the following.

Education: Cost of higher education (including travel expenses of the subscriber or the child of the subscriber in respect of

• Education outside India for academic, technical, professional or vocational course beyond high school
• Education in India for any medical, Engineering or other technical or specialized course beyond high school stage.
• Obligatory expenses such as betrothal or marriage of the GPF employee or his children and any other female relation dependent on him.
• Expenses in connection with illness (including travel expenses if any) of the subscriber and members of his family or any person actually dependent on him.
• To purchase consumer durables such as TV, VCR, VCP, Washing Machines, Computers, Laptop and etc…

BSNL GPF Final Withdrawal Rules for 90% amount

An employee must follow the BSNL final withdrawal rules for withdrawal on GPF amount up to 90% of available balance at any time for the following

• To purchase new building or acquiring a suitable house or ready to built flat including the cost of site.
• Repaying an outstanding amount of loan expressely taken for building or acquiring a house or ready.
• To purchase a house site for building construction or repayment of loan expressly taken for the purpose.
• Reconstruction, making additions and alterations to already owned house or flat.
• Renovating, additions/alterations or upkeep of an ancestral house at a place other than the place of duty.
• Constructing a house on a site purchased with BSNL GPF final withdrawal.

Other Rules for BSNL GPF Withdrawn amount

A BSNL employee who have completed 28 years of service or less than three years of service before retirement is eligible to withdraw for extensive repairs / overhauling of employees motor car as per the new GPF withdrawal rules BSNL.

If the employee completed 15 years of service can withdraw for purchase of CAR ( max of Rs. 1,10,000) & MOTOR CYCLE or SCOOTER, where the Government servant’s basic pay should be Rs. 10500 or more for Motor Car and Rs. 4600 or more for Motor Cycle / Scooter.

GPF withdrawal forms

There are various forms to apply for GPF withdrawal amount according to various conditions as above and find the various forms available to download, but for a BSNL employee there is no need of forms to apply, because an official can apply online at ERP login at erp.eportal.bsnl.co.in in fulfilling the above conditions. So, let’s check about how to apply BSNL GPF withdrawal online also.

How many times GPF withdrawal can be taken in a year

BSNL employees or the Government servants who are members of CGEGIS can withdraw once in a financial year towards subscription paid for Group Insurance Scheme.

After completion of 15 years of service, a BSNL employee can withdraw GPF amount every month also as per requirement with the existing conditions and the eligible amount shown in the ERP BSNL eportal.

The final GPF withdrawal in the career (only once) of a BSNL employee can be made upto 90% of the balance of credit which is admissable with in 12 months before retirement on superannuation without assigning any reason.

What is GPF subscription for BSNL employee, online GPF statement, how to open GPF account, GPF balance enquiry in eportal.erp.bsnl.co.in and rules for GPF advance, Recoveries of Advance, BSNL GPF withdrawal, Interest and nomination…

What is BSNL GPF ?

General Provident Fund is the GPF full form, and BSNL GPF is the savings investment tool of an employee by contributing certain percentage of their salary managed by Bharat Sanchar Nigam Limited by providing interest on each subscription amount.

The following were covered to know everything about BSNL GPF

• Subscription
• Employee Advance on GPF amount
• Recoveries on BSNL GPF advance
• BSNL GPF balance and withdrawal
• BSNL Employee GPF Nomination
• BSNL GPF Interest

BSNL GPF subscription

Who are eligible for GPF
An employee who was recruited in DOT (Department of Telecommunications) and absorbed to BSNL with minimum of one year continuous service including temporary servants and re employed pensioners must have to subscribe for BSNL GPF subscription at a minimum of 6% of existing BSNL basic pay scale, where the Temporary BSNL employees of DOT who have not one year service may subscribe to GPF voluntarily.

GPF subscription enhancement condition

The existing rate of BSNL GPF subscription amount at 6% on basic pay can be enhanced or increased twice in a year, but the same amount can be decreased only once in a year by submitting the written request for increase or decrease the subsciption to the concerned BSNL Accounts officer.

When BSNL stops the GPF subscriptions ?

General Provident fund subscription of BSNL employees can be stopped at the option of the government servant during Suspension, Half Pay leave, EXOL and Dies Non, and the employee on reinstatement can pay the arrears of BSNL GPF subscription in installments or one lump sum.

Other Rules on GPF subscription

Any short or excess recovery of BSNL GPF subscription found in any case, may be regularized by adjustments in subsequent monthsor by actual cash payment.

BSNL General Provident Fund subscriptions cannot be made in the employee salary for whom final withdraw has been allowed consequent upon proceeding leave preparatory to retirement or permitted to retired while on leave or medically declared unfit to service unless he returns to duty.

Also Read

• BSNL GPF Advances and the rules about recovery of GPF advances
• GPF withdrawal rules applicable for all Central Government employees also

If a BSNL employee or government servant dies the course of a month, a proportionate subscription should be recovered in that month and the subscriptions for the last three months of service should be compulsorily stopped in BSNL ERP Portal.

The employee of Bharat Sanchar Nigam Limited is allowed to credit his/her bonus amount if any into their GPF account without any conditions upon request to the concerned BSNL officer.

BSNL GPF Nomination

GPF subscriber in BSNL should have a chance to nominate one or more persons (spouse, children etc..) of his family specifying the share of each at the time of joining into the department giving the right to receive the balance amount standing in the credit of his BSNL GPF account in case of any kind of death occurs.

BSNL GPF account holder can change the nomination at any time when the BSNL servant acquires family or additional member in the family, where the existing is cancelled when received new GPF nomination by concerned Accounts Officer. GPF nomination can also changed even after the retirement on superannuation or voluntarily so long as the GPF balance amount remains as unpaid.

BSNL GPF Interest Rates

General Provident Fund Interest will calculate on monthly bearing balances and credits the GPF Interest into the subscriber account at the end of the financial year which results in increasing of principal balance, here you can check the GPF interest rates announced by Government of India from 2005 to till date

Date of Revision of GPF Interest	Rate of GPF Interest
2004 2005 to Nov 2011	8%
December 2011 to March 2012	8.6%
01.04.2012 to 31.03.2013	8.8%
01.04.2013 to 31.03.2016	8.7%
01.04.2016 to 30.09.2016	8.1%
01.10.2016 to 31.03.2017	8%
01.04.2017 to 30.06.2017	7.9%
01.07.2017 to 31.12.2017	7.8%
01.01.2018 to 30.09.2018	7.6%
01.10.2018 to 31.12.2018	8%
01.01.2019 to 31.03.2019	8%