(1) Final withdrawals from the General Provident Fund balances at the credit of the subscribers may also be permitted if it is applied for within twelve months before retirement on superannuation without assigning any reason for applying, for the following purposes:-
(a) for building, acquisition, reconstruction, or redemption of one house;
(b) for chronic illness of self or any other family members;
(c) for the purchase of a house site;
(d) for meeting the cost of higher education;
(e) for meeting expenditure on marriage purposes; and
(f) for making deposit for booking a Car/Motor Cycle/Scooter/Moped etc.;
(2) The concession will be admissible to the employees at any time not earlier than ten years before attaining the age of superannuation or when they have completed twenty years of total service (including broken periods of service, if any), whichever is earlier for the purposes specified in sub-rule (1).