Provident fund withdrawal

EPFO to raise auto claim limit to ₹5 lakh, bringing faster PF access for 7.5 crore members: Report

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EPFO to raise auto claim limit to ₹5 lakh, bringing faster PF access for 7.5 crore members: Report

In a major push to simplify provident fund access for its 7.5 crore members, the Employees’ Provident Fund Organisation (EPFO) is raising the auto-settlement limit under its advanced claim system fivefold — from ₹1 lakh to ₹5 lakh. The move, aimed at expanding the “Ease of Living” for millions, was approved by Sumita Dawra, Secretary, … Read more

EPFO Update: Provident fund withdrawals via ATMs from 2025; Know How it will work?

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EPFO Update: Provident fund withdrawals via ATMs from 2025; Know How it will work?

EPFO Update: Starting in early 2023, EPFO subscribers will have the convenience of withdrawing their PF savings directly from ATMs. Labour Ministry Secretary Sumita Dawra said the Labour Ministry is currently improving its IT systems to provide better services to workers in India. As a result, EPFO subscribers will be able to access their provident … Read more