EPFO to enable PF withdrawals via UPI, ATM by May-end: Labour secretary

The Employees' Provident Fund Organisation (EPFO) plans to introduce UPI for claim processing to enhance efficiency and reduce transaction times, announced Labour and Employment secretary Sumita Dawra. By May or June, EPFO members can withdraw PF up to Rs 1 lakh instantly through UPI and ATMs.

EPFO to enable PF withdrawals via UPI, ATM by May-end: Labour secretary
The Employees' Provident Fund Organisation (EPFO) plans to introduce UPI for claim processing to enhance efficiency and reduce transaction times, announced Labour and Employment secretary Sumita Dawra. By May or June, EPFO members can withdraw PF up to Rs 1 lakh instantly through UPI and ATMs.