Need A Financial Product Forums Loans Can I repay bank’s loan by again borrowing from EPF

This topic contains 1 reply, has 2 voices, and was last updated by  Tulsi Chauhan 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47147

    During the year 2009, I have taken housing loan from EPF and also borrowed home loan from PNB. Both the loans are still outstanding. I wish to clear my PNB loan. Can I withdraw some more funds from my EPF account to repay bank’s loan? What all documents will I need in this process and what will be the other formalities for the same?


    Kumar Anurag

    Since you have already borrowed money from your EPF account, I don’t think so that you will be able to withdraw some more funds from EPF to repay PNB’s loan.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.