EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP

Posted on:23 Jun 2017 10:44:45
EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP
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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