MAHINDRA & MAHINDRA LIMITED STAFF PROVIDENT FUND

APPLICATION FOR LOAN/ADVANCE (Non-Refundable Only) Unit Serial No. :

Name of Member : …………………………………………………. Token No. : ……………………………….

Company/Sector/Location : ….…………………………………………. PF No. : ……………………………………

Mobile No. Amount Applied For Rs.
01 Purchase of Residential House/Flat [ ]
13 Repyament of housing Loan taken from approved Institutions [ ]
"A" 02 Alterations/Improvements/Additions to Residential House/Flat [ ]
TYPE OF 11 Construction of Residential House/Flat [ ]
LOAN /ADVANCE 12 Purchase of Site/Plot for Residential House [ ]
(PLEASE[]against "B" 03 Marriage [ ]
appropriate Item) "C" 04 Medical (Hospitalisation & Major Operations/Sickness ) [ ]
"D" 08 Education(Post Matriculation) of children [ ]
"E" 99 Pre-Retirement Withdrawal(Within 1 Year from retirement date) [ ]
“

“F” Partial withdrawal in case of outbreak of epidemic or pandemic [ ]

A) HOUSING related Advance/Withdrawal("A" Above)*
Name/Address/Reg.
Name/Address of
Location of house/site No.in case of Co-Op. Cost involved Rs. Supporting Documents attached
Present Owner
Hsg. Society

B) MARRIAGE Advance/Withdrawal("B" Above)*

Marriage of: ………………………………………………. Date of Marriage: …………………………………
Name: ……………………………………………………... Estimate of total Expenses :Rs. ……………………………………..
Relation with Member: …………………………………... Documents/Evidence attached: ……………………………………….
C) MEDICAL Advance/Withdrawal (''C'' Above)*
Relationship of
Place of Expenses Estimated
Nature of Illness person (Only for Supporting Documents attached Benefits availed* from ESIC/Medical Benefit Scheme Rs
Hospitalisation Rs.
member of
family)

*If employee is not a member of ESIC or Medical Benefit Scheme, Certification to this effect is necessary from H.R/ E.R. Dept.
D) EDUCATION Advance/Withdrawal ("D" Above)*
Name of Son or Daughter
Expenses Involved
Nature of Higher Study Name of University/Institution Supportng Documents attached
Rs.

Bank Particulars(for Direct Credit thru ECS ): COPY OF CANCELLED CHEQUE TO BE ATTACHED.

Saving Bank A/C No.: …………………………………………. MICR CODE(9 DIGTS) : ………………………………… IFSC CODE ……………………………….

Bank's Name : …………………………………………….. Branch : ……………………………………...

Recommended by : …………………………………………………………… Signature of Applicant : ………………………………………….

Name with Designation : ……………………………………………………………. Date : …………………………………………...

DOCUMENTS TO BE ATTACHED. ADVANCED STAMPED RECEIPT

1. Documentary evidence in support of application is absolutely mandatory: Received a sum of Rs.
A:Copy of Registered Agreement, Stamp Duty & Registration & Payments Receipt, NOC from Co-op. Hsg Socy,Cost Estimate etc. (Rs. only)
B:Marriage Invatation Card, Hall Booking Receipt/Grampanchayat Certificate etc. from Mahindra & Mahindra Limited Staff Provident Fund
C:Certificate from Doctor of Hospital/Hospital Bills etc. Trust towards Non-refundable PF Loan
D:Certificate from Education Institute/College Payment Receipts etc.
E:Letter from Company Certifying the'Retirement Date'.
2. Original Latest Pay-slip Affix 1/-Rupee
3. Application to be forwarded through Departmental Head/E.R Revenue Stamp
Manager. Note: Incomplete Application shall be returned.

*Strlike out whichever is not Applicable

Signature of member
 PF NON REFUNDABLE LOANS/WITHDRAWALS
BRIEF RULES,ELIGIBILITY, REQUIRED DOCUMENTS

M & M LTD STAFF PF - REVISED LOANS EFFECTIVE 1st APRIL, 2007

Under Provident Funds Scheme,1952 ( Paragraph 68 & Sub-paragraph thereof )

1) Purchase of Residential House / Flat, Construction of Residential

House / Repayment of Housing Loans
Eligibility : 5 years pf membership *
least of following :
( i ) 36 months pf salary, or
( ii ) 100 % Total pf balance ( Own, Voluntary & Company Share ) or
( iii ) Total cost of house /construction or outstanding loan or
( iv ) Applied amount

* 10 years membership required for repayment of housing loans

Documents :
Latest Original Payslip,Copy of Sale Agreement, Stamp Duty/Registration receipt,
Builders receipt,NOC from Society, Estimate of Construction. In the case of repayment of
housing loan a certificate from the Financial Institution with outstanding loan ( principal
plus interest ) amount.
Note :Ownership should be in the name of Member or only jointly with the spouse
permitted.
Purchase of Site for Construction of House
least of following :
( i ) 24 months pf salary, or
( ii ) Total pf balance ( Own, Voluntary & Company Share ) or
(iii ) Total cost of the site or
( iv ) Applied amount
Documents :
Latest Original Payslip,Copies of Land purchase documents, 7 X 12 Extract,NA
Certificate etc.
Note : Ownership should be in the name of Member or only jointly with the spouse
permitted.

2) a ) For additions/substantial alterations, improvements

Eligibility : 5 years pf membership and

after 5 years from the date of completion of house
least of following :
( i ) 12 months pf salary, or
( ii ) Own a/c pf balance ( Own & Voluntary )
( iii ) Applied amount
Documents :
Proof of house/building is 5 years old construction,Copy of intimation letter duly

acknowledged by Society or NOC from Society, Estimate of cost of repairs etc.

b ) Further Withdrawal :
For additions/substantial alterations, improvement or repair
Eligibility : only after 10 years of from the date of 1 st alteration withdrawal 2 (a) above

least of following :
( i ) 12 months pf salary, or
( ii ) Own a/c pf balance ( Own & Voluntary ) or
( iii ) Applied amount
Documents :
Proof of house/building is 5 years old construction,Copy of intimation letter duly

acknowledged by Society or NOC from Society, Estimate of cost of repairs etc.

3) Withdrawals for Medical ( Hospitalisation, Major Operations / Sickness
) least of following :
( i ) 6 months pf salary, or
( ii ) Own a/c pf balance ( Own & Voluntary ) or
( iii ) Applied amount
Documents :
Latest Original Payslip
Certificate from Doctor of the hospital stating that patient has been hospitalised or
required hospitalised for one month or more or for major surgical operation purpose with
cost estimates

Certificate from employer that ESIC or Company Medical facility and benefits are not
available or if availed what is the amount eligible/availed

4) Withdrawals for Marriage or Post-matriculation Education of Children

Eligibility : 7 years pf membership
least of following :
( i ) 50 % of Own a/c pf balance ( Own & Voluntary ) or
( ii ) Applied amount
Documents :
Latest Original Payslip
For Marriage : Marriage Invitation Card,Hall Booking Receipt, For Wedding in Village :
Certificate from Grampanchayat,Priest,Church or Buddha Vihar etc. With member's self
declaration on estimated marriage expenses

For Education : Copies of Payment Receipt, Admission Receipt, Admit Card etc.
Prospectus/Certificate from Educational Institution giving the cost of post matriculation
education

Maximum 3 withdrawals permitted

5) Pre-Retirement Withdrawal (Within 1 Year from retirement

date) Eligibility : Within One Year from Normal Retirement Date

Withdrawal Amount : maximum upto 90 % of the total pf balance

Documents :
Certficate from HR or ER Dept stating the normal retirement date

6) Partial withdrawal in case of outbreak of epidemic or pandemic

least of following:
( i ) 3 months pf salary, or
( ii ) 75% of Total PF Accumulation balance
(Own & Company & Voluntary ) or
( iii ) Applied amount
Documents:
Latest Original Payslip