New technology helps EPFO clear claims faster
EPFO's new technology is accelerating claim settlements and interest payments for members. Auto-processing now handles eighty-three percent of subscriber claims, a notable improvement. The organization recently processed a record eleven lakh claims, clearing a substantial backlog. This modernization allows for same-day claim processing and faster interest credit. EPFO's improved systems will also help manage legacy issues and inoperative accounts.
EPFO's new technology is accelerating claim settlements and interest payments for members. Auto-processing now handles eighty-three percent of subscriber claims, a notable improvement. The organization recently processed a record eleven lakh claims, clearing a substantial backlog. This modernization allows for same-day claim processing and faster interest credit. EPFO's improved systems will also help manage legacy issues and inoperative accounts.
