EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP
Posted on:23 Jun 2017 10:44:45
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23 June 2017 Current Affairs:
The Employees Provident Fund Organisation (EPFO) a retirement fund body will sign a pact with the Housing and Urban Development Corporation (HUDCO).
According to the statement, the Memorandum of Understanding (MoU) will be signed in the presence of Labour Minister Bandaru Dattatreya and Housing & Urban Poverty Alleviation Minister M Venkaiah Naidu.
Under the housing scheme, EPFO allows its subscribers from societies for withdrawing up to 90% of their EPF accumulations to buy homes.
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