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EPF Scheme 2026: 5 Factors to Check Before Capping Your Monthly PF Contribution at Rs 1,800

Chandani — Thu, 09 Jul 2026 17:55:47 +0000

The EPF Scheme, 2026 makes provident fund deductions above the Rs 1,800 threshold purely voluntary, offering workers more immediate cash flow at the cost of retirement compounding.

NEW DELHI — Under the newly instituted Employees’ Provident Funds (EPF) Scheme, 2026—notified under the Code on Social Security, 2020—salaried individuals across India now have unprecedented control over their paychecks. The updated framework explicitly clarifies that the mandatory employee contribution is strictly capped at Rs 1,800 per month (representing 12 percent of the statutory wage ceiling of Rs 15,000). Any deduction exceeding this basic floor is now legally classified as voluntary.

For high earners whose contributions have historically been calculated on their entire basic salary, this regulatory shift presents an immediate crossroad: slash monthly retirement deductions to boost current take-home pay, or maintain higher savings to protect their long-term corpus.

1. Understanding the New Math: Mandatory vs. Voluntary Framework

The core shift in the payroll system decouples mandatory retirement savings from an individual’s full basic salary tier. The operational split under the updated system functions as follows:

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Contribution Component	Under the Statutory Cap	Above the Statutory Cap
Calculation Base	Up to the Rs 15,000 wage ceiling.	Any basic salary amount exceeding Rs 15,000.
Deduction Status	Strictly Compulsory (Rs 1,800/month).	Purely Voluntary (Opt-in required).
Employer Obligation	Must match the statutory Rs 1,800.	Optional to match the excess (Subject to HR policy).

EPF Scheme 2026 Contribution Split:
💼 Full Basic Salary ➔ 🛡️ First ₹15,000 (12% = ₹1,800 Mandatory Deductions)
                     ➔ 📈 Rest of Salary (0% Default / Turning Into Voluntary VPF)

2. The 5-Point Financial Planning Checklist Before Modifying Your PF

Before instructing your corporate HR department to minimize your provident fund allocation to the mandatory baseline, financial advisory experts urge employees to audit their long-term financial plans across five metrics:

1. Age and Your Retirement Horizon

Time is the single most critical variable in compounding interest. Employees in their 20s and 30s who keep their contributions linked to their full basic salary give their capital decades to grow at stable, regulated interest rates (currently 8.25 percent). Conversely, individuals within five to ten years of retirement may logically prioritize liquidity over long-lock-in vehicles if their existing wealth pools are already secure.

2. Accumulation and Retirement Goals

Opting out of voluntary contributions creates a structural gap in your long-term retirement pool. While legal experts note that parking 100 percent of retirement capital exclusively inside the EPF reduces asset versatility, a total retreat from the fund can severely shrink your final target accumulation.

3. Immediate Liquidity and Cash Flow Requirements

If an employee is dealing with immediate financial pressures—such as aggressive home loan EMI repayments, family medical expenditures, or children’s higher education fees—switching to the baseline Rs 1,800 deduction offers a valid mechanism to increase disposable monthly income, subject to company policy limits.

4. Complex Tax Implications

The tax-exempt status of provident fund contributions remains intact, but it is bound by overarching statutory caps. High-income individuals who choose to put substantial voluntary additions back into the system must review current Income-tax Act parameters. Aggregate employer contributions (across EPF, NPS, and superannuation) exceeding Rs 7.5 lakh per annum, or employee interest yields above specific thresholds, attract tax liabilities that change the overall math.

5. Investment Diversification and the VPF Option

The 2026 regulations preserve the Voluntary Provident Fund (VPF) framework, letting workers opt to save up to 100 percent of their basic salary if desired. However, wealth managers point out that smart investing requires diversification. A balanced retirement portfolio should look across multiple asset classes:

Balanced Retirement Architecture:
⚖️ Fixed Income (EPF / VPF / NPS) + 📈 Market Growth (Equity Mutual Funds / ELSS) + 💧 Immediate Liquidity Pools

📝 The Takeaway: The EPF Scheme, 2026 does not cut the standard 12 percent baseline rate or alter core retirement benefits; it simply replaces a rigid payroll obligation with individual investor flexibility. Minimizing your provident fund deduction merely to maximize short-term cash flow is a serious financial planning choice—not a simple payroll update.

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3 Days Instead of Weeks: Inside the EPFO’s Massive New Speed Reform for PF Withdrawals

Chandani — Fri, 03 Jul 2026 15:30:42 +0000

To guarantee speed, officials responsible for unjustified delays beyond 20 days will face an absolute 12% penal interest charge.

NEW DELHI — In one of the most substantial operational shake-ups to hit India’s retirement fund framework in recent history, the Employees’ Provident Fund Organisation (EPFO) has officially launched a new service delivery system. The updated program mandates that eligible provident fund (PF) withdrawal claims must be settled within a strict three-day timeline.

The aggressive target aims to drastically curtail administrative friction, allowing salaried employees near-instant access to their savings during critical life events. Cases requiring extra verification may still face traditional verification pipelines, but fully compliant accounts will see immediate turnarounds.

Enforcing Accountability: Penalties for Delays

The 3-day settlement commitment is backed by unprecedented punitive enforcement clauses to prevent the processing backlogs that historically plagued the network.

EPFO Operational Timeline Framework (2026)
├── Target Processing Window: 3 Days (For KYC-compliant, automated claims)
├── Maximum Allowed Manual Lag: 20 Days
└── Penalty for Unjustified Delay: 12% Personal Interest charged to responsible officials

If a subscriber’s claim faces unjustified manual delays extending past a hard 20-day ceiling, the organization will levy a steep 12% penal interest rate against the specific administrative officials found responsible for the bottleneck. This measure shifts accountability directly onto processing centers to ensure they meet the new standards.

Auto-Settlement Ceilings Extended to Rs 5 Lakh

The baseline engine making this 3-day turnaround possible is the systematic expansion of the department’s algorithmic architecture, known internally as the EPFO 3.0 digital transformation initiative.

To bypass slow manual ledger evaluations, the government has significantly raised the ceiling for its hands-off, algorithmic clearance system:

Key Reform: The maximum cap for fully automated claim settlements has been increased from Rs 1 lakh up to Rs 5 lakh.

This allows a larger volume of advance claims—such as emergency medical withdrawals, housing installments, or marriage expenses—to navigate the pipeline without requiring a human agent to review physical paperwork.

Pre-Requisites for 3-Day Processing

Subscribers planning to file a claim must optimize their digital profiles to take advantage of the accelerated 3-day turnaround.

                             [ Active UAN ]
                                   │
                    ┌──────────────┴──────────────┐
                    ▼                             ▼
       [ Valid KYC Completed ]           [ Aadhaar Linkage Done ]
                    │                             │
                    └──────────────┬──────────────┘
                                   ▼
                       [ Updated Bank & PAN ]
                                   │
                                   ▼
                 🚀 Eligible for 3-Day Settlement

Core Checklist: Ensure your Universal Account Number (UAN) is fully activated and your registered mobile phone number is current to receive secure one-time passwords (OTP).
Profile Verification: Your Profile must reflect complete, approved KYC documentation. This includes linking your individual identification numbers, confirming updated Permanent Account Number (PAN) details, and registering matching bank routing accounts to prevent electronic transfer rejections.

While the backend distribution systems are receiving an upgrade, the fundamental financial framework remains unchanged. Both workers and their employers will continue to contribute their standard 12% statutory shares of basic salaries toward the central corpus. Looking forward, the organization has confirmed it is actively building out future additions to the EPFO 3.0 ecosystem, including instant withdrawals routed via unified payments interfaces (UPI) and direct ATM-linked emergency account access.

Frequently Asked Questions (FAQs)

What is the new 3-day EPFO claim rule?

Under the updated EPFO 3.0 framework, all eligible PF withdrawal claims that feature verified KYC data and error-free applications must be processed and dispatched within three working days.

What happens if the EPFO delays my claim processing?

If your submission faces an unjustified manual processing delay stretching past 20 days, the system enforces a strict 12% penal interest charge against the specific officials responsible for the delay.

Who qualifies for the high-speed 3-day settlement?

Subscribers with an active UAN, validated KYC profiles, linked identification numbers, up-to-date bank account registries, and matching PAN profiles qualify for high-speed automated processing.

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EPS 2026 Replaces EPS-95: Key Changes and Unchanged Pension Rules

Chandani — Wed, 01 Jul 2026 15:51:29 +0000

Backed by the Code on Social Security 2020, the new pension framework introduces strict 20-day claim timelines and interest penalties for delayed processing while retaining the core calculation formulas.

NEW DELHI — The Ministry of Labour and Employment has officially notified the Employees’ Pension Scheme (EPS), 2026. Taking effect from its gazette publication date of June 29, 2026, this newly structured framework completely supersedes the erstwhile Employees’ Family Pension Scheme, 1971, and the widely used Employees’ Pension Scheme, 1995 (EPS-95).

The structural migration transitions the administration of the pension fund from the older EPF & MP Act of 1952 over to the newly implemented Code on Social Security, 2020.

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The government has explicitly clarified that pensions already actively sanctioned under the older legacy schemes will continue without interruption, ensuring zero impact on existing pensioners.

What Changes in EPS 2026: Strict Timelines and Accountability

The fundamental changes introduced under EPS 2026 target bureaucratic accountability, processing transparency, and digital-first employer compliance.

Fixed 20-Day Claim Resolution: The EPFO is now legally bound to either settle a complete pension claim or officially communicate specific document deficiencies to the applicant within a strict window of 20 days.
12% Penalty for Delayed Settlements: If a complete pension claim is delayed by the department without a valid or sufficient reason, an interest rate of 12% per annum will be payable on the benefit amount. Crucially, this penalty will be recovered directly from the personal salary of the responsible EPF Commissioner.
Guaranteed Returns on Government Contributions: Future central government contributions accruing to the fund from April 1, 2026, onwards will remain invested in the Public Account, with a newly codified minimum guaranteed interest rate of 8.5%.
Legal Integration of Higher Pension Options: The provisions resulting from the Supreme Court’s landmark judgment regarding higher pensions have been formally integrated into the scheme text. For employees choosing this verified track, the employer’s pension contribution scales to 9.49% on salaries exceeding the typical ₹15,000 threshold.

What Remains Unchanged: The Core Benefits Architecture

While the regulatory umbrella has changed, the core math, eligibility benchmarks, and contribution formulas impacting an employee’s take-home retirement fund remain identical to EPS-95.

EPS Monthly Pension Formula (Unchanged):
Monthly Pension = (Pensionable Salary × Pensionable Service) ÷ 70
*Pensionable Salary remains capped based on the average of the last 60 months of service.

Contribution Split: Regular employers will continue to contribute 8.33% of the employee’s basic wages (capped at the standard wage ceiling), while the Central Government continues its 1.16% matching contribution.
The Minimum Pension Floor: The notification introduces no change to the absolute minimum member pension payout, which remains stagnant at ₹1,000 per month under existing terms.
Retirement & Early Pension Age: Superannuation eligibility still requires a baseline minimum of 10 years of eligible service. Members can opt for early pension starting at age 50, but the monthly payout remains subject to a reduction of 4% for every year taken before normal retirement age.
Exit Options Before 10 Years: Subscribers leaving the workforce prior to completing 10 years of service retain the exact same choices: executing a clean withdrawal benefit or securing a Scheme Certificate to port their accumulated service history to a future employer.

Comparison Matrix: EPS-95 vs. EPS 2026

Structural Shift Overview

Feature / Category	Legacy Scheme (EPS-95)	New Scheme (EPS 2026)
Governing Act	EPF & MP Act, 1952	Code on Social Security, 2020
Claim Settlement Windows	No fixed legal timeframe	Mandatory resolution within 20 days
EPFO Operational Delays	No explicit financial penalty	12% annual interest recovered from Commissioner
Minimum Member Pension	₹1,000 per month	₹1,000 per month (Unchanged)
Family & Disability Security	Provided to spouse/orphans/nominees	Full preservation of all legacy family/disability clauses

Frequently Asked Questions (FAQs)

Who is automatically eligible to join the new EPS 2026 scheme?

Anyone who formally joins an establishment covered under the Employees’ Provident Funds Scheme, 2026 on or after June 29, 2026, whose monthly wages fall within the government-notified ceiling. Additionally, all existing members of the legacy EPS-95 or EPS-1971 systems are fully eligible and automatically transitioned.

Will my monthly pension amount drop due to this new transition?

No. The core calculation methodology using the standard factor of 70, along with the 60-month pensionable salary averaging period, has been kept exactly the same.

What happens to a member who faces a permanent disability during active service?

Under EPS 2026, if a member becomes permanently and totally disabled during their tenure, they remain eligible for a disability pension without meeting the 10-year service requirement, provided at least a single month’s contribution has successfully cleared into their account.

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Securing Loved Ones: How the Employees’ Pension Scheme (EPS) Protects Families After a Member’s Death

Chandani — Fri, 26 Jun 2026 16:27:25 +0000

An overview of survivor benefits, child support allocations, and critical e-nomination mandates under the EPFO framework.

NEW DELHI — When a salaried professional plans out their long-term financial path, the Employees’ Provident Fund (EPF) is almost always viewed as a standard retirement nest egg. However, many individuals overlook the built-in survivor security hidden within the ecosystem: the Employees’ Pension Scheme (EPS).

Managed by the Employees’ Provident Fund Organisation (EPFO), this pension component is specifically designed to transform into an immediate financial safety net for surviving family members if a working subscriber passes away unexpectedly.

A common misconception among private-sector employees is that corporate benefits end completely when a member dies. While the accumulated provident fund (EPF) cash balance is paid out to beneficiaries as a one-time lump sum, the separate pension component (EPS) functions entirely differently. It transitions into a reliable, ongoing monthly stream of income to ensure vulnerable dependents are not left financially stranded.

Low Contribution Thresholds and Spouse Lifelong Security

One of the most compassionate features of the EPS architecture is how quickly the coverage activates. Unlike standard corporate retirement pensions that require years of vesting, survivor benefits require an incredibly brief entry period. If a registered employee has made at least a single month’s statutory contribution to the pension fund before passing away, their eligible family members immediately qualify for monthly relief payments.

The distribution of this monthly structural relief follows a strict, legally mandated sequence of family priority:

The Surviving Spouse: The widow or widower holds primary entitlement. They receive a monthly survivor pension fixed at 50 percent of the member’s calculated baseline pension. To safeguard low-income households, the government guarantees a absolute minimum floor payout of ₹450 per month, which continues for life or until the spouse remarries.
Biological or Adopted Children: Alongside the surviving parent, up to two children can simultaneously receive a monthly supportive allowance. Each child is entitled to 25 percent of the spouse’s pension amount, continuing until they hit 25 years of age.
Orphan Provisions: If both parents pass away, the child support framework scales up. The monthly payout shifts into an enhanced orphan pension, raising the allocation to 75 percent of what the primary spouse’s pension value would have been.

Alternative Beneficiaries and the Vital Role of e-Nominations

Because family structures vary widely, the statutory guidelines account for households where there is no surviving spouse or child. If a member passes away without immediate dependents, the monthly pension does not simply vanish back into the central treasury. Instead, the monthly benefits shift to support dependent parents. If the parents are no longer alive, the payouts route directly to a specific nominee formally designated by the employee.

Priority Chain for EPS Pension Disbursements:
Surviving Spouse (Lifelong or until remarriage — 50% of base rate)
Eligible Children (Up to two children under the age of 25 — 25% of spouse rate)
Orphaned Dependents (If both parents are deceased — 75% of spouse rate)
Dependent Parents (In the absolute absence of a spouse or children)
Designated Nominee (Final fallback based on active portal records)

This priority chain highlights why financial planners continuously urge employees to complete and maintain their digital e-nominations on the unified Member Seva Portal. Major life adjustments—such as getting married, experiencing a divorce, or welcoming a new child—require instant updates to account profiles. Leaving outdated nominee files on record can trap family members in complex legal bottlenecks during an already stressful time of grief.

Support for Permanent and Total Disability

The protective umbrella of the EPS is not strictly triggered by retirement milestones or a member’s passing. The system also steps in to provide critical financial defense if an active employee suffers permanent and total disability while still in service.

If an EPF subscriber experiences a life-altering disability that permanently ends their working capacity, they become eligible for a lifelong monthly disablement pension.

Just like the survivor benefit rules, the standard 10-year service vesting requirement is completely waived for disability cases. The employee becomes eligible even if they have only a single month of contributions on record. The monthly payments begin immediately from the formal date of the certified disability. Payout amounts are calculated using the member’s current salary and service files as if they had successfully worked all the way to retirement age, backed by a mandatory minimum safety floor of ₹1,000 per month.

FAQ

Does a child with a chronic physical or mental disability lose the pension at age 25?

No. While standard child pensions automatically stop when a dependent turns 25, the EPFO maintains a compassionate exception for children with permanent disabilities. If a child suffers from a total disability that prevents independent livelihood, they are eligible to receive their monthly pension support for life, regardless of age.

Can a member nominate a close friend for the EPS pension if their parents are still alive?

No. Under statutory EPS guidelines, a member with an active, living family (which legally includes a spouse, children, and dependent parents) must restrict their pension nominations to within that immediate family circle. A non-family nomination only becomes legally valid if the subscriber has no living family dependents whatsoever.

If an employee changes corporate jobs, does the one-month pension countdown reset?

No. Your pension history is anchored to your unique Universal Account Number (UAN), not an individual business entity. As long as you correctly link your previous employment records and transfer your service files to your new employer, your cumulative contribution months remain intact and continue to build over time.

Is the lump-sum Provident Fund (EPF) payout taxed if it is given to a nominee after a member’s death?

No. When an active EPF member passes away, the entire accumulated balance within the Provident Fund account—including all accrued interest—is paid out entirely tax-free to the authorized nominee or legal heir, regardless of how many years the employee served.

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EPFO Streamlines Provident Fund Withdrawal Policies, Raises Auto-Settlement Caps, and Details Tax Protocols

Chandani — Fri, 26 Jun 2026 16:19:00 +0000

The Central Board of Trustees clarifies the “100% Eligible Balance” withdrawal limit while announcing a mandatory system maintenance closure from June 26 to June 30, 2026.

NEW DELHI — The Employees’ Provident Fund Organisation (EPFO) has updated its structural guidelines to give its over 7 crore subscribers easier access to their retirement savings while protecting their long-term retirement security.

Following a series of framework simplifications cleared by the EPFO’s Central Board of Trustees (CBT), subscribers can now tap into a larger portion of their accumulated funds under revised emergency and standard settlement routes. However, the retirement body has balanced these relaxed rules with a mandatory buffer requirement to ensure accounts continue to benefit from compound interest.

The “100% Eligible Balance” Rule Explained

While recent announcements state that subscribers can withdraw up to “100% of their savings,” the fine print clarifies that this refers strictly to the eligible balance rather than the absolute total balance.

Under the CBT’s approved guidelines, members can access between 50 percent and 77 percent of their total accumulated corpus. To maintain a healthy safety net, the EPFO mandates that at least 25 percent of the total fund must remain untouched. Consequently, the maximum effective withdrawal limit for an active account is capped at 75 percent of the current total balance.

Core Financial & Operational Parameters:
• Maximum Effective Withdrawal: Up to 75% of the absolute balance (100% of "Eligible Balance").
• Mandatory Retention Buffer: 25% of the total corpus must remain in the account.
• Current Interest Accumulation: 8.25% per annum, calculated with compounding benefits.
• Enhanced Auto-Settlement Cap: Increased from ₹1 lakh up to ₹5 lakh for rapid processing.
• Accelerated Transfer Window: Auto-settlement claims are targeted for clearance within 3 days.

To help subscribers facing sudden financial needs, the EPFO has substantially increased its auto-settlement limit. The automated clearing cap has jumped from ₹1 lakh to ₹5 lakh. This fast-track option allows members to receive funds within three days for critical needs like medical treatments, higher education, property purchases, home construction, or weddings.

Income Tax Deductions and TDS Triggers

Subscribers looking to withdraw their PF balances must keep service timelines in mind to avoid unexpected tax liabilities. If a member withdraws funds after completing five or more years of continuous service, the transaction is exempt from Tax Deducted at Source (TDS).

However, for individuals with less than five years of service and an accumulated withdrawal balance exceeding ₹50,000, specific TDS rules apply based on their PAN documentation.

TDS Rate Matrix for Early Withdrawals (Under 5 Years Service & >₹50,000):
+-----------------------------------+------------------------------------------+
| Documentation Status              | Applicable TDS Rate / Outcome            |
+-----------------------------------+------------------------------------------+
| PAN Submitted with Form 15G/15H   | 0% (No Tax Deducted)                     |
| PAN Submitted without Form 15G/15H| 10% Flat Deduction                       |
| PAN Not Provided / Invalid        | Maximum Marginal Rate (34.606%)          |
+-----------------------------------+------------------------------------------+

TDS Exemptions Note: Tax deductions will not apply to early withdrawals if the payout is triggered by an employer terminating service due to reasons beyond the employee’s control, or if the transaction is a direct transfer of funds to a new employer’s PF account.

Operational Outage: Portal Migration Notice

The EPFO has announced that its official web portal and the integrated Umang mobile application will face a total temporary shutdown. Both platforms will be completely offline from June 26 to June 30, 2026, to accommodate a major system migration.

Affected Offline Services (June 26–30, 2026):
• Processing of existing or pending claims
• Submission of fresh online claim requests
• Electronic Challan-cum-Return (ECR) employer filings
• Digital e-passbook balance inquiries

This temporary shutdown is required for a planned database consolidation and software application upgrades to the central claims processing engine. The EPFO stated that this migration is designed to improve long-term processing efficiency, strengthen data security, and deliver a more reliable user experience once services resume in July.

For general claims outside this maintenance window, members whose employers fail or refuse to sign their withdrawal documents can bypass the signature rule. By activating their Universal Account Number (UAN) and linking their approved identity credentials, subscribers can submit a composite claim form online using just their own signature.

FAQ

Is there a mandatory waiting period to withdraw PF funds after leaving a job?

Yes. If you resign from your position, you must wait out a mandatory two-month period of unemployment before you can apply to withdraw your accumulated PF dues. This waiting period does not apply to individuals retiring upon reaching the age of superannuation.

What options do I have if my PF claim is not settled within the standard timeframe?

If a submission remains unresolved after 20 days, members have three main ways to escalate the issue: file a formal grievance online through the official EPFiGMS portal, contact the Regional PF Commissioner in charge of grievances directly, or attend the “Nidhi Apke Nikat” public outreach program held on the 10th of every month.

Will my previously submitted claims be deleted during the June 26–30 system migration?

No. Any claim requests successfully uploaded to the database before the system went offline on June 26 are safely stored. These pending applications will be queued and processed in order once the upgraded system comes back online.

Can I file an Electronic Challan-cum-Return (ECR) during the system outage?

No. All employer contribution services, including ECR balance uploads and transactional filings, are completely suspended during the five-day migration window. Business owners should plan their payroll reporting and contribution timelines around this scheduled maintenance.

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EPF Interest Rate FY 2025-26: Steps to Check 8.25% Balance Credit on EPFO Portal

Chandani — Wed, 24 Jun 2026 16:50:32 +0000

As the retirement fund body activates annual interest payouts, employees can utilize dynamic portals to verify trackable balances and monthly employer contributions.

The Employees’ Provident Fund Organisation (EPFO) has officially maintained the EPF interest rate at 8.25% for the financial year 2025-26, ensuring a predictable and stable return for millions of organized sector employees across the country. As the central body begins processing and executing the multi-stage annual interest rollout into individual provident fund accounts, subscribers are actively tracking their digital statements to see if the fresh earnings have hit their balances.

While the final interest sum is deposited as a single annual credit entry, the underlying mathematics are computed continuously based on a monthly running balance framework throughout the production year. Once the internal verification pipelines conclude, employees can instantly inspect their updated financial status across several official government channels.

                         [EPFO Multi-Channel Verification Framework]
                                              │
         ┌────────────────────────────────────┼────────────────────────────────────┐
         ▼                                    ▼                                    ▼
 [Digital Portal Login]              [Mobile App Ecosystem]               [Instant Contact Services]
 • EPFO Member e-Sewa Platform       • UMANG Mobile Application           • Missed Call Alert Numbers
 • Unified Passbook Portal           • Integrated Passbook Lite           • Automated SMS Status Check

Verifying Your Interest Accrual via Passbook Lite

To check if the 8.25% interest return has populated your retirement ledger, you can utilize the streamlined infrastructure on the official e-Sewa network. The updated login process requires secondary security verification to protect your sensitive financial data.

The Verification Method

1.Access the Passbook Portal:Under 1 minute.

Open your web browser and navigate directly to the official EPFO Member Passbook web page.

2.Execute Primary Authentication:Requires UAN credentials.

Provide your unique 12-digit Universal Account Number (UAN), secure personal password, and solve the dynamic captcha challenge display.

3.Complete Two-Factor Security:OTP Verification.

Input the temporary security code (OTP) transmitted instantly to the verified mobile number linked to your government registration.

4.Navigate to Passbook Lite:Account Selection.

Once inside the dashboard, select your specific member ID and click on the Passbook Lite feature link to pull up a simplified dashboard of your asset history.

Tracking Employer Compliance and Handling Interest Delays

Beyond tracking the annual interest distribution, financial planners urge employees to monitor regular monthly employer submissions. Under statutory EPF guidelines, businesses must deposit both employee deductions and matching corporate shares within 15 days of the close of each wage month.

[Wage Month Concludes] ──► 15-Day Legal Window for Corporate PF Deposits
                                          │
                                          ▼
[Discrepancy Spotted]  ──► Escalate internally, then file a case on the EPFiGMS Platform

If your salary statement displays a dedicated PF deduction but no matching entry appears within your digital passbook history, immediate action is required. Employees should first seek clear ledger explanations from their corporate human resource divisions. If management fails to resolve the missing transaction data, workers can formalize a legal complaint via EPFiGMS (EPF Grievance Management System), the state’s dedicated dispute resolution portal.

Account Discrepancy Scenario	Immediate Practical Remediation Step	Legal Protection Under EPF Rules
Missing Monthly Deposits	Contact corporate payroll; escalate to EPFiGMS if left unresolved.	Employers are legally bound to clear back-dated contributions with penalties.
Interest Entry Not Visible	No action needed; monitor the Passbook Lite ledger periodically.	Under Paragraph 60, interest continues to accrue regardless of display delays.
Wrong Balance Calculations	Submit an official audit request via the online grievance portal.	Full asset protection guaranteed under the EPF Scheme, 1952.

Paragraph 60 Statutory Guarantee: If your passbook doesn’t immediately reflect the 8.25% entry, there is no financial loss. Under Paragraph 60 of the EPF Scheme, 1952, interest earnings are legally protected and continue to compound silently based on your historical balances, meaning a display lag never reduces your final payout.

FAQ

Q1: How is the 8.25% EPF interest calculated if it only shows up as one entry at the end of the year?

Although the total interest amount is credited to your passbook in a single lump sum after the financial year ends, it is calculated on a monthly running balance. Any contributions made to your account each month directly influence the final interest payout.

Q2: Will I lose out on earnings if the EPFO delays displaying the interest credit in my online account?

No. According to Paragraph 60 of the EPF Scheme, 1952, your earnings are fully protected. Delays in updating the digital passbook portal are purely administrative and do not impact your actual balance or compound interest accumulation.

Q3: What should I do if my company is deducting PF from my salary but it isn’t appearing in my EPFO passbook?

You should first contact your employer’s HR or payroll department to check for processing delays. If they fail to provide a valid deposit receipt, you can file an official complaint online through the EPFiGMS portal to initiate a formal review.

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EPFO Guide: Why Salaried Employees Must Transfer PF Balance After a Job Change

Chandani — Fri, 19 Jun 2026 17:13:41 +0000

Consolidating your various member IDs under a single active account protects your interest earnings, simplifies final settlements, and safeguards you against heavy TDS liabilities.

If you have changed multiple jobs throughout your career, you likely have several Employees’ Provident Fund (EPF) accounts scattered across different organizations. While the Employees’ Provident Fund Organisation (EPFO) does not legally mandate an immediate balance transfer when you switch employers, allowing these accounts to sit fragmented is rarely in your best financial interest.

Ever since the EPFO introduced the Universal Account Number (UAN), tracking these separate Member IDs has become vastly simpler. The UAN acts as a centralized “umbrella” identity, grouping all your employment milestones together. However, structural consolidation requires a formal transfer. Consolidating your funds helps you maximize long-term retirement compounding and avoids unexpected regulatory issues down the line.

                           [The Job Change EPF Consolidation Funnel]
                                              │
         ┌────────────────────────────────────┼────────────────────────────────────┐
         ▼                                    ▼                                    ▼
 [Old Employer ID]                   [UAN Core Integration]               [Active Employer ID]
 • Inactive contribution track        • Centralized identification hub   • Fresh monthly deposits
 • Isolated service history record    • Links multiple Member IDs         • Destination for merged funds
 • Subject to legacy tax rules       • Automated verification portal      • Combines total continuous service

The Strategic Benefits of Merging Your EPF Balances

Though your older Member IDs remain linked beneath your primary UAN and continue to accrue statutory interest, leaving them isolated presents distinct operational challenges. Merging your balances into your current employer’s account offers three major advantages:

1. Unlocking Tax-Free Withdrawals

The EPFO allows completely tax-free withdrawals only after an individual completes a cumulative five years of continuous service. If you withdraw funds from an unmerged, legacy account that reflects fewer than five years of employment, the proceeds are classified as taxable income. This can trigger a high Tax Deducted at Source (TDS) liability, depending entirely on your tax slab and the withdrawal quantum. Transferring your balance merges your service timelines, ensuring your total career history is calculated as continuous.

2. Streamlining Future Settlements

Consolidating your corpus into a single active account removes the administrative hurdle of tracking multiple legacy accounts. When the time comes for final retirement settlements or partial advances (such as medical or housing withdrawals), navigating a single centralized portal profile dramatically speeds up corporate approvals and direct bank disbursals.

3. Activating Automatic Electronic Transfers

To minimize manual intervention, the EPFO has engineered an automated background transfer protocol. If specific core criteria are satisfied, the system initiates a balance migration on its own.

                    [EPF Auto-Transfer Structural Prereqs]
                                       │
            ┌──────────────────────────┴──────────────────────────┐
            ▼                                                     ▼
 [Account Compliance Metrics]                               [Corporate Digital Setup]
 • Complete KYC records updated                             • Past employer digitally registered
 • Bank account verified & linked                           • New employer digitally registered
 • Verified date of exit logged                             • First month's PF deposit credited

Once your new employer successfully registers your profile and posts your first month’s PF contribution, the EPFO’s backend engine automatically flags the account transition and routes a digital transfer request to move your historical balances forward.

Step-by-Step Guide to Transferring Your EPF Balance Online

If your account does not qualify for an automatic transfer, you can manually trigger the migration online through the Unified Member Portal in just a few minutes.

1.Log In to the Portal:Step 1.

Visit the official EPFO Unified Member Portal. Authenticate using your unique 12-digit UAN, password, and the requested security captcha.

2.Navigate to Online Services:Step 2.

Locate the main dashboard menu, head over to the ‘Online Services’ tab, and select ‘One Member – One EPF Account (Transfer Request)’.

3.Verify Personal Data:Step 3.

A comprehensive summary window will open. Carefully check your displayed personal information, your registered bank details, and your current active employment profile for any clerical errors.

4.Fetch Previous Account Details:Step 4.

Click on the ‘Get Details’ button. The portal will automatically crawl the central database to display your historical member IDs and past employment records.

5.Select an Attesting Employer:Step 5.

Choose whether you want your past employer or your current employer to validate your transfer claim. Note: Selecting your current employer often results in faster processing if your current company is actively responsive.

6.Authenticate with OTP:Step 6.

Click on ‘Get OTP’ to receive a secure text pin on your mobile number. Enter the code in the confirmation box and click ‘Submit’ to authorize the digital Form 13.

Pro Tip: Once submitted, download the generated PDF copy of the transfer claim. While the entire workflow is digital, some corporate HR teams require you to submit a signed physical copy of this document to finalize their internal compliance audits.

FAQ

Q1: Will my older EPF account stop earning interest if I do not transfer it?

No. Your older Member IDs will continue to earn interest at the officially declared annual rate, as long as your UAN remains active. However, keeping them isolated means your service history remains fragmented, which can create tax complications when you attempt to make withdrawals later.

Q2: How long does it typically take for an online EPF transfer to complete?

Once you submit the online request, it usually takes between 7 to 15 days for the funds to move. The timeline depends heavily on how quickly your chosen employer digitally approves the claim and how fast your regional EPFO field office validates the transaction.

Q3: Can I transfer my old EPF balance if my previous company has permanently closed?

Yes. If your past employer has shut down and cannot digitally sign off on your request, initiate the online transfer process and explicitly select your current employer to attest and validate the claim. You can then provide any requested proof of past employment to your current HR team to complete the verification.

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The post EPFO Guide: Why Salaried Employees Must Transfer PF Balance After a Job Change first appeared on Rightsofemployees.com.

EPFO Interest Rate Ratified: Govt Confirms 8.25% Return for FY 2025-26

Chandani — Thu, 18 Jun 2026 16:49:42 +0000

Backed by concurrence from the Ministry of Finance, the Employees’ Provident Fund Organisation is set to disburse accumulated interest to over seven crore contributing members before the end of the month.

The Ministry of Finance has formally ratified an 8.25% rate of interest on Employees’ Provident Fund (EPF) deposits for the financial year 2025-26.

The definitive green light unblocks the statutory distribution pipelines, allowing the Employees’ Provident Fund Organisation (EPFO) to begin crediting accrued retirement yields directly into the accounts of more than 70 million salaried professionals across India this month.

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The clearance establishes the third consecutive fiscal year that the central retirement fund body has successfully maintained its benchmark 8.25% distribution yield, offering a stable investment cushion against broader public market fluctuations.

                         [EPF Interest Rate Ratification Workflow]
                                             │
         ┌───────────────────────────────────┼───────────────────────────────────┐
         ▼                                   ▼                                   ▼
 [CBT Recommendation]               [Finance Concurrence]               [Instant Account Credit]
 • Decided on March 2, 2026         • Vetted by Finance Ministry        • Driven by upgraded tech backend
 • Chaired by Min. Mansukh Mandaviya • Verified sovereign guarantee      • Immediate rollout to 7cr members
 • Fixed target yield at 8.25%      • Formal resolution passed          • Reflects in passbook this month

Strategic Stability Under the Central Board of Trustees

The interest rate roadmap for the fiscal year was initially structured during the 239th meeting of the Central Board of Trustees (CBT) on March 2, 2026.

Chaired by the Union Minister for Labour and Employment, Mansukh Mandaviya, the apex decision-making council recommended sticking to the existing 8.25% payout rate based on the fund’s underlying asset allocations and macro-economic debt yields.

Because the central government acts as the absolute guarantor of the retirement corpus, all CBT resolutions must pass a comprehensive vetting filter by the Ministry of Finance before regional offices can run distribution batches.

[March 2, 2026: CBT Recommends 8.25%] ──► [Finance Ministry Concurrence Vetting] 
                                                        │
                                                        ▼ 
[June 18, 2026: Official Ratification] ──► [Instant Tech-Driven Batch Processing]

With the definitive concurrence now issued, the labour ministry has directed EPFO technical teams to leverage their upgraded IT core infrastructure. Unlike prior years where balance distribution processing dragged on for quarters, the new technical architecture is engineered to execute automated ledger adjustments with minimal delay.

Historic Yield Trajectories and Comparative Standings

The retention of the 8.25% framework marks a sustained period of yield consolidation following several years of downward adjustment.

In March 2022, the retirement fund body had slashed its post-retirement deposit yields to an over four-decade low of 8.10% for the 2021-22 fiscal block, triggering calls for more aggressive fund diversification.

                         [EPF Historical Interest Rate Trends]
  8.65% ──┐
          └──► 8.55% ──┐
                       └──► 8.50% ──┐
                                    └──► 8.10% (4-Decade Low) ──┐
                                                                └──► 8.25% [FY24 / FY25 / FY26]

Even with static performance over the last three fiscal windows, the EPF continues to significantly outperform equivalent conventional low-risk investment vehicles within the domestic financial marketplace.

Fixed-Income Product	Annualized Yield / Interest Return	Statutory Tax Treatment Status
Employees’ Provident Fund (EPF)	8.25% per annum	Tax-free up to ₹2.5 Lakh annual contribution
Public Provident Fund (PPF)	7.10% per annum	EEE Status (Exempt, Exempt, Exempt)
Typical Bank Fixed Deposits (FD)	6.00% to 7.50% per annum	Fully taxable at individual slab rates
Government Securities (G-Secs)	Approximately 6.80% to 7.20% per annum	Taxable based on retention hold periods

Subscribers will be able to verify their individual distributions via the official Umang application, the centralized EPFO member e-sewa portal, or via SMS notification systems as local RTO and database clusters finalize their respective zone postings over the coming days.

SECTION 4 — FAQ

Q1: How can I check if the 8.25% EPF interest has been credited to my account?

Subscribers can check their real-time account balance using three main options: log into the official EPFO Member Passbook Portal, check the centralized UMANG smartphone application, or send an SMS reading “EPFOHO UAN ENG” to 7738299899 from their registered mobile number.

Q2: Is the interest earned on my annual EPF contributions completely tax-free?

Interest accrued on your EPF account remains tax-exempt as long as the total employee contribution does not exceed ₹2.5 lakh within a single financial year. If your personal contributions cross the ₹2.5 lakh threshold, the interest earned on the excess amount is subject to tax under applicable income tax slabs.

Q3: Do inactive or dormant EPF accounts continue to earn this 8.25% interest rate?

If an EPF account receives no fresh contributions for 36 consecutive months (usually due to a job change without a formal transfer or long-term unemployment), it is classified as inoperative. While it may continue to accrue basic interest for a set period under specific conditions, it is highly recommended to transfer the balance to an active UAN to avoid clearance blocks.

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Telangana High Court Rules EPFO Cannot Recover Provident Fund Dues From Retired Employees

Chandani — Tue, 16 Jun 2026 16:49:37 +0000

In a milestone ruling supporting employee welfare, the court declared workers cannot be penalized for an employer’s failure to transfer accumulations after surrendering exempt status.

The Telangana High Court has delivered a landmark judgment protecting retirees, ruling that the Employees’ Provident Fund Organisation (EPFO) cannot legally force a retired worker to refund disbursed provident fund (PF) accumulations. The court held that even if an establishment improperly distributes funds after surrendering its exempt trust status, the statutory liability for compliance rests solely on the employer, not the employee.

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The decision, delivered by Justice Nagesh Bheemapaka in the case of WP No. 6276 OF 2025, set aside a hostile recovery notice issued to retired executive Mr. J.V. Nrupender Rao. The regional retirement body had ordered Mr. Rao to return a partial PF settlement of ₹2.5 crore along with a mandatory 12% annual interest penalty within a strict seven-day window.

Background: The Broken Exemption Transition and Hidden Bonds

Mr. Rao retired from his establishment in 2023. Throughout his tenure, his employer managed an independent, exempted asset pocket registered under EPF Code No. AP/PTC/6330. On March 1, 2023, the establishment formally applied to surrender its exempt status, a legal transition that requires transferring all liquid capital and investments over to the central pool managed by the EPFO.

[March 1, 2023: Company Surrenders PF Trust Exemption]
                      │
                      ▼ (EPF Rules State: Transfer all cash to EPFO within 10 days)
[July 21, 2023: Company Settles ₹2.5 Cr Directly with Mr. Rao]
                      │
                      ▼ (EPFO flags this as an illegal direct payout)
[Feb 17, 2025: EPFO Demands ₹2.5 Cr Back From Mr. Rao + 12% Interest]
                      │
                      ▼ (High Court Appeal)
[May 5, 2026: Telangana High Court Cancels Recovery Notice]

Following advice from local field personnel, company representatives decided to clear pending retirement claims before completing the corporate exit. On July 21, 2023, the trust paid Mr. Rao ₹2.5 crore but withheld a remaining ₹70 lakh chunk.

This remaining portion was stuck in high-yield YES Bank bonds that were frozen under older Reserve Bank of India (RBI) intervention directives and subsequent Supreme Court conservation orders. The company did not disclose the frozen bank assets to the regional commissioner during the exit application, a omission that later triggered administrative scrutiny.

The Legal Tussle: Paragraph 28(1)(ii) vs. Employee Welfare

The central conflict focuses on the timeline of the payout. The EPFO argued that once an exempt trust applies to give up its status, it loses the independent legal authority to pay out money directly to members.

Under Paragraph 28(1)(ii) of the EPF Scheme, 1952, an employer must hand over all liquid cash within 10 days of applying to cancel an exemption, and all securities within 30 days. Because the company processed Mr. Rao’s payout after surrendering its status on March 1, the EPFO declared the transaction an illegal diversion of assets that should have been under central control.

High Court Ruling: Why the Burden Rests Entirely on the Employer

Justice Nagesh Bheemapaka rejected the EPFO’s strategy of targeting individual beneficiaries for corporate administrative errors. The court emphasized that the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, is inherently “beneficial and welfare legislation” designed to protect workers, not burden them with compliance tracking.

Key Disputed Element	EPFO Argument	Telangana High Court Ruling
Target of Recovery	The payout broke EPF rules, so the employee must return the funds.	The Act only permits recovery actions against employers and corporate trusts.
Procedural Fairness	Speed was necessary to secure the misallocated ₹2.5 crore asset block.	Defective process; failing to provide a show-cause hearing violates natural justice.
Presence of Malfeasance	The trust kept the frozen YES Bank assets hidden during transition.	No evidence of fraud or collusion by the employee; he cannot be penalized.

The court noted that the EPF framework consistently places the responsibility for compliance, fund maintenance, and asset transfers on the employer. The judge stated that the EPFO could not cite a single statutory provision that allowed it to extract money from an ordinary worker simply because their employer failed to meet a transfer deadline.

While the High Court completely cancelled the notice issued to Mr. Rao, it clarified that the ruling does not clear the company. The court left it open for the EPFO to launch separate legal actions against the employer and its independent trust board to address any violations of Paragraph 28(1)(ii).

FAQ

Q1: What is an “exempted” PF trust, and how does it affect regular employees?

An exempted PF trust is an independent, in-house fund managed by a specific company rather than the central EPFO. While these trusts operate under official government guidelines and must provide equivalent or better returns, the company is directly responsible for payouts and investment administration.

Q2: Why did the EPFO demand a 12% interest penalty from the retired employee?

The EPFO viewed the post-surrender payout as an unapproved use of funds that should have been under central management. When the government seeks to recover what it considers misallocated or delayed statutory funds, it routinely applies standard interest penalties—in this case, 12% per year—to cover the lost interest to the central pool.

Q3: Can the EPFO issue a new recovery notice to the employee in the future?

The High Court noted that if specific liabilities are discovered later under a valid legal clause, a fresh notice could technically be issued. However, the EPFO would first have to provide a clear statutory basis, itemized calculations, and a full, formal hearing before passing a reasoned order.

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PENSION: HERE’S HOW EPFO MEMBERS CAN INITIATE THEIR EPS CLAIM ONLINE USING FORM 10C

Chandani — Thu, 28 May 2026 16:04:23 +0000

Pension: Here’s How Epfo Members Can Initiate Their EPS Claim Online Using Form 10c

Tax experts urge careful cross checks with official portal sheets to avoid sudden payout holds and paper delays.

📊 Fund Alert: Common Pension Form Steps

The Core Form: Picking the right paper helps you secure your monthly cash.
The Data Check: Fund users must match personal numbers with central web logs.
The Verification: Entering your secure bank codes ensures a fast payout drop.

The online pension claim season is running smoothly now. And first simple form steps help you get your cash. So now smart workers must check their logs twice. After that wrong details might trigger sudden digital delay notes. Plus early filing prevents heavy last minute office wait times. Meanwhile local advisers urge total care with portal rows. So this guide lists easy steps to follow.

Matching your records secures a fast payout run. And first double check your main work tenure sheets. Plus online data tools show your active credits fast. Then note that any text mismatch stops the processing desk. So users must resolve data errors before submitting files. Meanwhile the central board tracks all global records closely. So clean files help clear your name very fast.

Stepwise Guide to Initiating Your Pension Claim on the Web Portal

Following a strict safety check prevents huge time loss. And first open the main state digital service hub. Next enter your secure work code and pass word. Then select the specific online claim line from menus. So you can check your pre-filled name data rows. Meanwhile verify the last four bank digits on screen. Plus click yes on the standard pledge text box.

Pension System Choice Facts
Rule Topic	System Limit	User Status
One	Total work years check	Ten years or more
Two	Standard base retirement age	58 years old total
Three	Delayed payment option cap	Up to 60 years
Four	Form for specific exceptions	Form 10D setup choice

Comparing Fund Systems and Submitting Your Final Phone Code

Picking the right claim path changes your final layout. And first pick the single pension payout form button. So now review your current home mailing lines closely. After that click to get a fast phone code text. Then type the secret digits to finalize your run. Plus successful submissions draw a fast status update note. Target complete data checks to keep your file clean. So take time to complete the steps correctly.

List of Required Documents and Identity Details for Claims

Gathering your paper proofs follows a clear rule path. And first write down your core tax card details. Next prepare a crisp copy of a blank cheque. Then secure birth sheets for kids if needed now. So the digital team checks the family files right away. Meanwhile close heirs can apply in sad death cases. Plus a tiny cost stamp completes the formal paper pack.

Final Summary for Smart Local Fund Members This Year

Good filing habits take the stress out of bank month. And first keep your current phone link active online. Next verify your pass details on the main page. Then save a copy of your final sheet receipt. So you can track your fund progress down the road. Meanwhile the main web system is running smoothly today. Plus these safety habits keep your wallet totally safe.

💬 Legal Advisory: Central Retirement Revenue Desk

“Look, the data from the portal is clear as matching your logs with official sheets minimizes mistakes and reduces the likelihood of processing blocks,” a senior partner stated online.

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EPFO 3.0: WANT TO WITHDRAW 100% OF YOUR PF MONEY? CHECK THE LATEST WITHDRAWAL RULES

Chandani — Thu, 28 May 2026 15:58:21 +0000

Want To Withdraw 100% Of Your Pf Money?

The central retirement body EPFO introduces a fresh digital path to send fund cash directly through quick mobile web lines.

💰 Fund Update: New Quick Cash Rules

The Upgrade: Members can soon move cash straight to banks using phone tools.
The Limits: Accounts can yield up to seventy-five percent of your total savings.
The Buffer: A small chunk of your cash must stay inside the state vault lines.

A major digital fund shift starts very soon. And first the local desk cleared the transfer rules. So now millions of workers get quick cash runs. After that the fresh tools cut out heavy paperwork loops. Plus the new system goes live across all towns. Meanwhile tech teams are running final system checks daily. So this big move changes regional support goals.

The state will send funds using direct paths. And first the cash moves straight to secure links. Plus your profile must match with official phone pins. Then note that the system cuts out waiting times. So local families receive the full value fast. Meanwhile verification desks monitor the new data rows carefully. So these safe checks keep the payout line clean.

Core Withdrawal Percentage Limits and Mandatory Balance Retentions

Securing your retirement cash requires meeting basic rules. And first users can tap most of their fund pool. Next a small cash part must stay inside permanently. Then the higher auto limits help families face medical costs. So the funds target homes who need help most. Meanwhile local officers handle the early digital file checks. Plus these strict limits keep the state pool balanced.

Fund System Shift Facts
Rule Topic	System Limit	User Status
One	Max cash pull rate	50 to 75 percent
Two	Account buffer hold lines	25 percent kept
Three	Auto settlement cap rise	Up to 5 lakh rupees
Four	Main platform testing status	Done and ready now

Official Launch Timeline and Ministry Testing Status

The central desk completed the system tests months ago. And first senior ministers confirmed the smooth tool runs. So now active members look for the fresh update link. After that the launch will hit millions of phone screens. Then the rule covers over seven crore local workers. Plus people can run tests using standard bank codes. Merging old files keeps the database tracking cleanly. So check your profile status on the main portal.

Step by Step Guide to Moving Cash via Your Mobile Phone Pin

Fresh users can pull fund cash next week easily. And first a brand new web layout opens up. Next check your total eligible balance on screen. Then enter your secure mobile code to start runs. So the system drops your cash into banks fast. Meanwhile regional managers expect normal runs all summer long. Plus these steps secure a fair process for all.

Summary of Best Practices for Smart Fund Members

Smart steps ensure your cash arrives without any delay. And first double check your main card registration details. Next gather your identity proofs before the portal opens. Then track your local village office notice board daily. So your family can secure the fresh benefits smoothly. Meanwhile system upgrades look positive for late week runs. Plus these solid habits protect your home funding lines.

💬 Policy Announcement: Central Fund Review Desk

“Look, the data from the system test is clear as the new phone tool is designed to transfer money straight into the bank account of the member,” a senior minister stated online.

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EPFO TO ALLOW PF WITHDRAWAL VIA UPI SOON: INSTANT EPF MONEY IN YOUR BANK ACCOUNT — HERE’S HOW IT WILL WORK

Chandani — Sat, 23 May 2026 11:43:40 +0000

EPFO to Allow PF Withdrawal via UPI Soon: Instant EPF Money in Your Bank Account — Here’s How It Will Work

Union Labour Minister Mansukh Mandaviya confirms UPI-based PF withdrawal testing complete; subscribers to get instant access to eligible PF balance through UPI PIN

🚨 Key Highlights

EPFO to launch UPI-based PF withdrawal facility soon
Testing completed; rollout date to be announced
Withdraw eligible PF balance instantly via UPI PIN
Money credited directly to linked bank account
Only portion of PF corpus available for instant withdrawal
Auto-settlement for final PF claims also planned
EPFO adds WhatsApp support for member services

Your PF money. In your bank. In seconds.

The Employees Provident Fund Organisation (EPFO) is about to change how millions of Indians access their retirement savings. In fact, the body will soon let members withdraw PF money directly through UPI. As a result, the days of long waits and piles of paperwork may soon be over.

Union Labour Minister Mansukh Mandaviya confirmed the news on Tuesday. Moreover, he said testing of the UPI facility is already complete. Consequently, subscribers could start using it very soon.

“We have completed the testing of the facility where members can withdraw EPF through the use of the UPI payment gateway. The withdrawn amount will be directly transferred into the bank account of the member.” — Mansukh Mandaviya, Union Labour Minister

How Will PF Withdrawal Through UPI Work?

The new process is simple. In fact, it works much like any UPI payment you make every day. However, instead of sending money, you will be pulling your own PF savings into your bank account.

Here are the steps:

First, check your balance: Log in to the EPFO portal or app to see how much PF you can withdraw
Next, link your bank: Make sure your bank account is already seeded with EPFO records
Then, enter the amount: Choose how much you want to withdraw from your eligible balance
After that, use your UPI PIN: Confirm the transfer with your UPI PIN for safety
Finally, get your money: The amount lands in your bank account instantly or within minutes

⚠️ Important Points to Remember

Only a portion of your total PF balance will be available for instant UPI withdrawal
The rest stays locked under current EPF rules
Your bank account must be already linked to your EPFO account
UPI PIN is needed for every withdrawal — keeps your money safe
Full rollout date not yet announced — stay tuned for updates

Old System vs New System: What’s Changing?

To understand why this matters, look at how things work now. In fact, the current system is slow and full of hurdles.

Under the old system:

You fill out an online or offline PF withdrawal form
The form goes through manual checking at the EPFO office
EPFO verifies your details, employer records and KYC
If anything is missing, the claim goes back and forth
After days or weeks, the money reaches your bank

This process can take 5 to 20 days in normal cases. But then, delays happen often. For example, wrong bank details, pending employer approval, or system errors can stretch it to months.

Under the new UPI system:

You check your eligible balance on the EPFO app
You enter the amount and confirm with UPI PIN
Money hits your bank account instantly or within minutes

In contrast, the new system cuts out the middle steps. Consequently, you get your money when you need it — not weeks later.

📊 Old vs New: Side by Side

Old: Forms, manual check, employer sign-off, long wait
New: App, UPI PIN, instant credit
Old: 5-20 days (or more)
New: Minutes
Old: Must visit EPFO office for some claims
New: Fully digital, no office visit

Who Benefits the Most?

This change helps a wide range of people. In fact, anyone with an EPF account stands to gain. But then, some groups will feel the impact more than others.

Biggest winners:

Workers in emergencies — Medical bills, family crises, or sudden job loss need fast cash. Instant PF access can be a lifesaver
Gig workers and freelancers — Those with irregular income can tap PF quickly during dry spells
Young employees — People early in their careers often need PF for education loans, marriage, or home down payments
Retirees — Senior citizens who need quick access to their lifelong savings without office runs
Migrant workers — Those working far from home can get their PF without traveling to their home state EPFO office

Moreover, the move fits India’s larger push toward digital payments. In fact, UPI already handles billions of transactions each month. Therefore, adding PF withdrawal to UPI is a natural next step.

Other Big EPFO Changes Coming Soon

The UPI withdrawal is not the only new thing EPFO is working on. In fact, the body has a full list of upgrades planned.

1. Auto-Settlement for Final PF Claims

Currently, when you leave a job forever, you must file a final PF withdrawal claim. But now, EPFO plans to auto-settle these claims. In other words, when you retire or stop working, your PF money will reach your bank without you filing any form.

Central Provident Fund Commissioner Ramesh Krishnamurthi confirmed this plan earlier this week. Moreover, he said EPFO will also auto-transfer accounts when members change jobs.

2. WhatsApp Support for Members

EPFO is now using WhatsApp to reach members. In fact, Mandaviya said the body chose WhatsApp because most Indians use it daily. Consequently, members can get updates, check balances, and ask questions through the app they already know.

3. Mission Mode to Clear Pending Cases

EPFO has launched a special drive to clear old cases. Specifically, the body is targeting cases stuck in consumer courts and other legal forums. Under the ‘Nidhi Aapke Nikat (NAN)’ programme, cases are being identified and pushed through faster.

4. Reduced Litigation

The minister also said EPFO is working to cut down on legal fights. In fact, a focused mission-mode effort is underway to resolve pending cases quickly. Therefore, members waiting for court decisions may see faster closure.

What You Should Do Now

The UPI facility is not live yet. However, you can prepare now so you are ready when it launches.

First, check your UAN: Make sure your Universal Account Number is active and linked to your current mobile number
Next, update KYC: Your Aadhaar, PAN and bank details must be correct in EPFO records
Then, link your bank: Ensure your bank account is seeded with EPFO for smooth transfers
After that, set up UPI: If you don’t have UPI on your bank account, activate it now through any UPI app
Finally, download the EPFO app: Keep it updated so you get the new feature as soon as it rolls out

In addition, keep your UPI PIN safe. In fact, never share it with anyone. Consequently, your PF money stays protected even with instant access.

The Bottom Line

Three things are clear. First: PF withdrawal is going digital and instant. Second: UPI will be the main tool for quick access. Third: EPFO is modernizing fast — from auto-settlement to WhatsApp support.

As a result, India’s 6 crore-plus EPFO members will soon enjoy a retirement fund system that works at the speed of UPI. In the past, getting your PF felt like a government chore. But now, it will feel like checking your bank balance.

We will keep tracking EPFO updates as the UPI withdrawal facility rolls out and other digital upgrades go live.

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Aadhaar PAN Mismatch on UAN: Fix PF KYC Errors Easily

Chandani — Mon, 18 May 2026 15:59:44 +0000

Aadhaar PAN Mismatch on UAN: Fix PF KYC Errors Easily

Now major news arrives. Specifically, account data needs care. Indeed, tiny spelling slips block files. Actually, text mismatches halt claims. Therefore, your cash gets trapped. In fact, old accounts face checks. Actually, an Aadhaar PAN mismatch on UAN links creates blocks. Thus, the fund board demands fixes. Now, users must act fast. Indeed, clean up your records. Specifically, check every document line. Therefore, this guide clears portal errors. Simple as that.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

At a Glance: Critical PF KYC Checklist — Monday, May 18, 2026

Now check the file list. Actually, your information must match central data. In fact, look at the forms. Now review the targets.

Core Document	Primary Match Source	Main Portal Benefit
Identity Card	Central UIDAI National Team	Allows rapid phone logins.
Tax Number File	Direct Income Tax Records	Avoids high tax deduction cuts.
Bank Passbook	Active Core Branch Checks	Ensures direct cash deposits.
Extra Photo ID	Valid Driving License Proof	Supplies backup identity verification.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

1. Why Resolving Dashboard Errors Matters Today

Now system links require absolute match rules. Actually, mixed records freeze cash claims. Indeed, your profile needs verification. Thus, look at the benefits.

The Main Benefits of Clean Data

First, get your cash fast.
Next, shift funds between firms.
Thus, clear your pension blocks.
Now, avoid long field checks.
Furthermore, finish tasks inside days.
Specifically, save time on lines.
In fact, avoid massive paperwork loads.
Thus, keep things moving fine.
Nowbox, verify your data rows.
Therefore, matching profiles keeps tasks simple. Period.

2. Items to Collect Before Modifying Records

Now fetch your papers first. Actually, collect materials before clicking links. Indeedbox, this avoids portal timeouts. Thus, prepare your desk early.

Your Mandatory Setup Kit

First, grab your account number.
Next, write your access keys.
Thus, keep your phone close.
Now, check the text codes.
Furthermore, verify your tax card.
Specifically, check the bank details.
In fact, copy the branch code.
Thus, look for typos first.
Now, test your signal strength.
Therefore, clean tool sets ensure success. Period.

3. Step-by-Step Portal Correction Directions

Now let’s log in online. Actually, the member screen lets you edit text. Indeed, follow these explicit steps. Thus, change data lines now.

The Portal Progression Paths

First, open the board site.
Next, enter your login details.
Thus, solve the visual captcha.
Now, hit the manage tab.
Furthermore, select the document option.
Specifically, click your problem file.
In fact, write names carefully now.
Thus, match your official papers.
Now, check every single box.
Therefore, press save to update. Period.

4. Tracking Employer Approvals and Next Steps

Now the submission leaves your desk. Actually, firms must check the edits. Indeed, bosses use digital signs. Thus, keep tracking the progress.

The Approval Workflow

First, monitor the waiting list.
Next, ask your office boss.
Thus, request quick digital signs.
Now, check for cloud updates.
Furthermore, wait for automated steps.
Specifically, look for green marks.
In fact, green means verified status.
Thus, the error disappears then.
Now, your profile looks clean.
Therefore, close the tab after success. Period.

Frequently Asked Questions

Q: Why does the Aadhaar PAN mismatch on UAN error happen?

Now, it happens when names vary. Thus, small spelling edits cause blocks. Actually, matching your papers solves it.

Q: Can I file claims with bad data?

Actually, no. System checks reject errors. Therefore, fix your profile data first.

Q: How long do online document fixes take?

Actually, it takes few working days. Therefore, tell your office team today.

Q: Is a phone link required for updates?

Since systems send safety text codes, yes. Therefore, keep your main SIM live.

The Bottom Line

Now fixing an Aadhaar PAN mismatch on UAN record keeps your money safe. While data tasks look dull, clean files win.

Overall, the goal is total text alignment. Therefore, check the board page tonight. Thus, fix hidden spelling slips fast! Meanwhile, confirm your active branch codes! Lastly, stay wise and watch your savings grow safely!

Data links are fixed. Claims stay safe. Period.

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The post Aadhaar PAN Mismatch on UAN: Fix PF KYC Errors Easily first appeared on Rightsofemployees.com.

EPF Withdrawal Online 2026: New EPFO 3.0 Rules & Guide

Chandani — Sun, 05 Apr 2026 17:15:35 +0000

EPF Withdrawal Online 2026: New Rules, Eligibility and Step-by-Step Guide

Now the new financial year has brought big changes to your savings. Specifically, the EPFO has launched a new system called EPFO 3.0. Indeed, you can now withdraw your Provident Fund (PF) without ever visiting a government office. Therefore, the entire process from start to finish is now fully digital. In fact, these updates make accessing your hard-earned money faster than ever before. Simple as that.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

EPF 2026: Key Changes at a Glance

Now you can see how the new rules benefit every employee in India. Actually, the focus is on speed and ease of access for all users. In fact, here is the data for the 2026 updates.

Feature	Old Process	New EPFO 3.0 Rule (2026)
Settlement Time	7-15 Days	Auto-Settled in Days
Auto-Claim Limit	Lower Limits	Up to ₹5 Lakh
Withdrawal Mode	Bank Transfer Only	ATM & UPI (Coming Soon)
Unemployment Benefit	Complex Process	75% Balance Access
Physical Visit	Often Required	100% Online

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

Faster Access with Auto-Settlement

Now the most exciting update is the speed of the new system. Actually, the EPFO has automated the approval for many common claims.

The ₹5 Lakh Rule

First, claims up to ₹5 lakh are now handled by an auto-settlement engine. Next, this means the software checks your details without a human clerk. Thus, you can get your money in just a few days instead of weeks. Furthermore, this reduces the chance of manual errors or delays. Specifically, this applies to both medical and housing advances. Therefore, your emergency funds are now just a few clicks away. Period.

UPI and ATM Withdrawals are Coming

Now the way we interact with our PF accounts is changing forever. In fact, the EPFO is moving toward a “banking-style” experience for its users.

Future-Ready Features

First, the system is being updated to support UPI and ATM access. Next, this will allow you to withdraw specific amounts directly from your linked account. Thus, you won’t have to wait for a bank credit cycle every time. Additionally, this makes the PF account feel like a real-time savings tool. Moreover, the new portal is designed to handle millions of these small requests. Overall, this is the biggest leap in tech for the EPFO in decades.

Help During Unemployment

Now there is a major safety net for those who lose their jobs. Actually, the new rules provide more support during difficult career gaps.

The 75% Withdrawal Rule

First, you can now withdraw up to 75% of your total balance if you are out of work. Next, the new EPFO 3.0 portal makes this claim much easier to file. Thus, you don’t need to provide complex proof of your job loss anymore. Furthermore, the money is sent directly to your Aadhaar-linked bank account. Specifically, this helps families stay afloat while the breadwinner looks for a new role. Therefore, the PF is now a true emergency fund. Period.

How to Claim Your PF Online: Step-by-Step

Now you must follow these exact steps to ensure your claim is not rejected. Actually, keep your mobile phone nearby for Aadhaar OTP verification.

The Digital Process

First, log in to the Unified Member Portal with your UAN and password. Next, go to the ‘Online Services’ tab and click on ‘Claim (Form-31, 19, 10C & 10D)’. Thus, you will see your member details and linked bank account. Furthermore, verify your bank account by entering the last four digits of the account number. Specifically, choose the ‘Purpose’ for which you need the money. Finally, enter the Aadhaar OTP to submit your request. Consequently, the system will track your claim until the cash hits your bank.

Frequently Asked Questions

Q: What documents do I need for a 2026 claim?

Now, you only need an active UAN, an Aadhaar-linked phone, and seeded bank details. Thus, no physical documents are required.

Q: Can I withdraw my PF if I am still working?

Actually, yes. You can take an “advance” for reasons like marriage, illness, or home buying. Therefore, check the specific form for “Partial Withdrawal.”

Q: Is my money safe with UPI access?

Actually, yes. Multi-factor authentication ensures that only you can authorize a move. Thus, your retirement corpus remains fully protected.

Q: Why was my EPF claim rejected?

Since names must match exactly, check your Aadhaar and UAN spelling. Therefore, fix any data errors before you apply.

The Bottom Line

Now the EPF Withdrawal Rules of 2026 are a huge win for every Indian worker. While the system was slow in the past, EPFO 3.0 has fixed the lag.

Overall, the auto-settlement and UPI features make this a world-class system. Therefore, you should ensure your KYC is updated today to benefit from these speed boosts. Thus, you can manage your wealth with total confidence. Meanwhile, keep checking our blog for the latest tax tips and investment news. Lastly, we hope this guide helps you secure your funds easily!

Save smart. Withdraw easy. Period.

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The post EPF Withdrawal Online 2026: New EPFO 3.0 Rules & Guide first appeared on Rightsofemployees.com.

Inactive EPFO Accounts: Get Your ₹1000 Refund Automatically

Chandani — Tue, 24 Feb 2026 16:39:07 +0000

Inactive EPFO Accounts? Govt To Send Balance Directly To Your Bank

So the government is cleaning up the piles of idle cash in the EPFO system. The Ministry of Labour and Employment will now refund small amounts from inactive EPF accounts. The goal? A fresh start. In fact, more than seven lakh people will receive up to ₹1,000 in their banks. Plus, the state will process this without any forms from your side.

The ₹1,000 Automatic Refund Rule

But here is the catch for the new pilot project. The state is only targeting accounts with a balance of ₹1,000 or less for now. Is your account on the list? If it has stayed idle for three years, it is likely “inoperative.” Consequently, the EPFO will send the money straight to your Aadhaar-linked bank account.

Moreover, this move aims to cut the huge paperwork for tiny sums. Previously, the cost of filing a claim was often more than the actual refund. So the ministry decided to skip the red tape and use digital links instead. Therefore, you do not have to visit any office to get your cash.

Summary of EPFO Auto-Refund Pilot (2026)

Key Detail	Information	Status
💰 Refund Limit	Up to ₹1,000	Auto-Credit
👥 Beneficiaries	7.11 Lakh Members	Phase 1
🏦 Bank Link	Aadhaar Seeded	Must be Active
⏳ Inactivity Period	3 Consecutive Years	Definition
📊 Total Cash	₹30.52 Crore	Unlocked

How to Check Your Account Status

Still, you might want to check if your old account is part of this sweep. You can log in to the EPFO member portal using your UAN. The plan? View your passbook. And if you see no new money for three years, your account is officially dormant. Accordingly, you can also use the UMANG app to track your history on the go.

[Image showing a smartphone screen with the UMANG app and the EPFO passbook section highlighted]

But what if you have more than ₹1,000 in a dormant account? The auto-refund will not cover you in this first phase. Instead, you must file a formal claim to get your larger corpus back. Essentially, the state is testing the system with small sums before moving to bigger ones. Indeed, it is a smart way to clear the backlog.

Why This Matters for Millions

Then there is the scale of the “unclaimed” problem in India. Currently, over 31 lakh accounts hold nearly ₹11,000 crore in idle cash. The reason? People change jobs and forget their old UANs.

Worth noting: Interest still adds up on these accounts as per the rules. However, they stop earning interest once the member turns 58. So it is best to merge your accounts or withdraw the cash early. Ultimately, the government wants to ensure your hard-earned savings reach your pocket.

Frequently Asked Questions (FAQs)

Will I get a refund if my EPFO balance is more than ₹1,000? So not in this automatic pilot phase. Because of this, you must still file a manual claim through the EPFO portal for larger amounts.

How do I link my Aadhaar to my EPF account for the refund? In fact, you can do this through the “KYC” section on the EPFO website. Additionally, ensure your bank account is also seeded with the same Aadhaar number.

What happens to the money if the account holder has passed away? But the state will not keep the cash. Consequently, the refund will go to the nominee or the legal heir listed in the EPFO records.

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EPFO Scheme Certificate: Protect Your Future Pension

Chandani — Fri, 13 Feb 2026 16:54:23 +0000

Leaving A Job Early? This EPFO Form Saves Your Pension

Many workers make a big mistake when they switch jobs. Specifically, they take their pension cash early instead of saving their service years. While a small payout feels good now, it can hurt your future safety. Therefore, the EPFO Scheme Certificate is the best way to protect your retirement goals.

What is an EPFO Scheme Certificate?

The EPFO gives this paper to workers who leave a job before 10 years. Specifically, this official document tracks your “pension years” for the government. Instead of taking a cash payout, you carry these years to your next job. Currently, you must hit 10 years of total service to get a monthly pension for life.

Why Choose the Certificate Over Cash?

Most people pick the “Withdrawal Benefit” to get a quick payment of Rs 20,000. However, this choice resets your work history back to zero. Specifically, you will have to start your 10-year count all over again. Meanwhile, if you keep the Scheme Certificate, those years stay on your record. This helps you get a monthly pension of Rs 3,000 to Rs 5,000 later in life.

Benefits for Your Family

The Scheme Certificate does more than just save your years. Specifically, it provides a “Family Pension” if a worker passes away suddenly. This safety net stays on even if you are between jobs. Furthermore, if you work for 20 years, the EPFO adds two extra years to your record. This bonus raises your final monthly pay when you turn 58.

How to Get Your Certificate Online

You can apply for this form through the EPFO Unified Portal. Specifically, you must follow these easy steps:

Log in with your UAN and password.
Click on “Online Services” and pick Form 10C.
Select “Scheme Certificate” instead of the cash option.
Submit the form to link your service years.

Quick Facts: Pension vs. Cash

Feature	Cash Withdrawal	Scheme Certificate
Money Now	Yes (Small sum)	No
Service Years	Deleted	Saved
Family Cover	Ends now	Stays Active
Monthly Pension	Hard to get	Easy to get

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PF Update: How to Spot and Fix Contribution Discrepancies in 2026

Chandani — Fri, 06 Feb 2026 16:53:53 +0000

A wrong PF balance can ruin your retirement plans. Recently, many staff saw gaps in their funds. Now, the EPF is key for long term goals. Therefore, you must fix any errors fast.

Why Your PF Balance is Wrong

Recently, many bosses missed the pay dates. Specifically, they took the cash but did not pay it. Then, tech bugs can also cause a mismatch. In fact, a wrong ID can block your cash. Therefore, watch your account every single month.

Now, check your pay slips against your book. Next, look for months with no pay entries. After that, look for small pay gaps too. Finally, mark any months that look wrong. As a result of new rules, these are easy to see. Still, many people miss these gaps.

How to Spot the Mismatch

First, log in to the UAN site. Then, get your passbook to see the math. After that, look for months where pay is zero. Next, save a copy of the file. Finally, show these notes to your boss.

Today, you can use a phone app too. Thus, you can track your cash on the go. In fact, the app shows updates in real time. Meanwhile, the web site stays slow.

Step-by-Step Guide to Fix Errors

First, file a note with your firm’s HR team. Then, give them two weeks to fix the gap. After that, use the EPFiGMS site for a formal claim. Next, enter your UAN and the month of the error. Finally, keep your ticket number to track the fix.

Reality Check

Reality Check: The state says the system works well. Still, the site often goes down. In fact, many users could not log in for days. Therefore, a web fix is not always fast. Meanwhile, bosses may blame the web for late pay. Yet, the law says they must pay you.

The Loopholes

The Loopholes: If your firm shuts down, the cash is hard to get. In fact, many lose funds because they do not check. Also, some firms use one ID for two staff. Therefore, make sure your ID is yours alone.

What This Means for You

Recently, the law made Aadhaar links a must. Now, your cash stays safe if your ID is set. First, check your profile on the site. Then, make sure your bank info is right. Next, verify your phone number too. Indeed, a clean file stops most bugs.

Next Steps

Now, open your UAN book right away. Then, see if your last pay is there. Would you like me to draft a short note for your boss to fix a gap?

EPFO Interest Credit Explained: Earn ₹52,000 on Your PF Balance

Chandani — Fri, 06 Feb 2026 16:29:03 +0000

Millions of workers will soon see their retirement savings grow. Today, the Employees’ Provident Fund Organisation (EPFO) is moving to credit annual interest for 2026. This boost helps salaried staff build a bigger nest egg without any risk.

How the 2026 Interest Credit Works

Recently, reports showed how a ₹6 lakh balance earns about ₹52,000. Specifically, the government must first approve the final interest rate for the year. Then, the EPFO sends the money to your individual account. In fact, this process is fully automatic once the board gives the green light. Therefore, you do not need to apply to get your share.

Now, remember that the interest rate often stays near 8.2 percent. Next, the board of trustees meets to finalize the exact number for 2026. As a result, the final payout might change slightly based on their choice. Still, the returns remain some of the best for safe debt tools.

Calculating Your Specific PF Gains

First, look at your total year-end balance to guess your earnings. For example, a ₹5 lakh balance yields roughly ₹43,000 in interest. Later, compare this to a ₹6 lakh balance which brings in ₹52,000. Finally, use the official UAN portal to see your actual credited amount.

Today, the EPFO uses a monthly running balance to fix the interest. This means your monthly contributions help increase the final payout you see. Thus, staying in the scheme for a long time pays off well. In fact, compound growth is the secret to a large retirement fund.

Reality Check

Reality Check: Headlines often highlight “big payouts” like ₹52,000 to grab eyes. Still, the math only works if you already have a high balance. In 2025, many young workers felt let down by their small interest credits. Therefore, they did not realize the payout depends entirely on their current savings. Meanwhile, the EPFO portal often faces technical glitches during high-traffic days. Yet, officials insist the system is ready for the 2026 surge.

The Loopholes

The Loopholes: Interest earned on yearly contributions above ₹2.5 lakh is now taxable. In fact, this rule hits high earners the hardest in 2026. Additionally, if an account stays inactive for 36 months, it may stop earning interest. Therefore, you must ensure your UAN stays linked to an active job.

What This Means for You

Recently, the EPFO made it easier to track your money via SMS. Now, you can simply send a text to check your status. First, ensure your mobile number is linked to your UAN. Then, download your passbook to verify every monthly entry. Indeed, keeping an eye on your fund prevents future surprises.

Next Steps

Check your PF balance right now using the “Missed Call” service. Then, verify if your employer has deposited all dues for the current fiscal year. Would you like me to provide the specific SMS format and number for the EPFO balance check?

EPF Claim Settlement Rules: Govt Cuts Wait Time to 8 Days

Chandani — Wed, 04 Feb 2026 15:03:38 +0000

The Govt just gave a big gift to salaried workers. New EPF claim settlement rules now aim for an 8-day payout. This change helps millions of people get their cash faster.

EPFO Speeds Up PF Claim Payouts

The Labor Ministry shared this news in the Rajya Sabha. They confirmed that the EPFO now settles most claims in eight days. Specifically, the new EPFO 2.0 system makes this possible. It uses digital tools to skip old paper trails.

Earlier, members waited weeks for their money. Now, the process is mostly online and paperless. This is a major win for those changing jobs or retiring.

How to Bypass Employer Approval

You no longer need your boss to sign your PF forms. This rule applies if your e-KYC is fully complete. Just link your Aadhaar and bank details to your UAN.

The FO App and Unified Portal allow direct filing. In fact, the Govt processed over 8.5 crore claims this year. Most of these moved through the digital path. Still, your details must match exactly to avoid blocks.

Reality Check: The 8-Day Myth vs. Reality

The Govt claims an 8-day average. Is it always that fast? Not exactly. Most “8-day” successes are for simple advance claims.

Final settlements often take longer due to service history checks. If your data has one small typo, the clock resets. The 8-day goal is for “clean” files only. Do not expect instant cash if your records are messy.

The Loopholes: Why Claims Still Fail

Many claims still hit a wall. First, the 25% retention rule is a hurdle. New rules for 2026 require you to keep 25% of your corpus for retirement. You cannot empty your account in one go anymore.

Second, the “exit date” loophole remains. If your old boss forgets to update your exit date, you cannot file. The system is faster, but it is not fully automatic yet. Lastly, mismatches in bank IFSC codes cause 30% of all rejections.

What This Means for You

You have more power over your savings now. You do not have to beg an old HR team for approval. The system is more worker-centric than ever. Use the Umang app to track your claim in real-time.

Next Steps

Check your e-KYC status today. Ensure your Aadhaar and bank account are seeded. File your claim mid-week to avoid the Monday rush.

The Real Deal on Cashing Out 100% of Your PF Money

Chandani — Tue, 27 Jan 2026 15:48:13 +0000

Let’s be honest: trying to get your own money out of the EPFO used to feel like a full-time job. But things actually got a lot simpler with the 2026 “EPFO 3.0” update. If you’ve been wondering exactly when you can take every last rupee out—not just a tiny advance—here is the breakdown.

Also Read | CBSE Board Exams 2026: Admit Cards Expected Soon

The “Total Cash-Out” Scenarios

You can’t just empty your account because you want a new car. The 100% withdrawal is strictly for the “big” life changes. We’re talking about:

The 2-Month Gap: If you’ve been out of a job for 60 days straight, you can pull everything. Actually, under the new rules, you can grab 75% after just one month of sitting at home, then the rest a year later if you’re still not back at work.
Retirement: Once you hit 58, the vault opens. You can even start the process at 54 if you’re planning an early exit, though you’ll only get 90% then.
Moving Abroad: Leaving India for good? You’re eligible to settle the whole account.
Medical or Disability: If life takes a hard turn and you can’t work anymore due to permanent disability, that money is yours immediately.

Also Read | CBSE Board Exams 2026: Admit Cards Expected Soon

What about the 12-Month Rule?

This is a game-changer. Forget those old “5-year” or “7-year” service requirements. Now, once you’ve been at it for one year, you can tap into your funds for marriage, a kid’s college, or even hospital bills.

Here’s the catch though: While you can take a massive chunk, the EPFO now “soft-locks” about 25% of your balance for most partial withdrawals. Why? Because they want to make sure you actually have a retirement left. They’ve seen too many people drain their accounts early and regret it at 60 when the compounding interest stops working its magic.

The “Hidden” 100% for Women

There’s a specific rule that often gets overlooked: Female employees who resign to get married, or due to pregnancy/childbirth, are often eligible to settle their full account. It’s one of those legacy protections that still stands in the 2026 framework.

Also Read | CBSE Board Exams 2026: Admit Cards Expected Soon

Quick Stats for 2026

Current Interest Rate: 8.25% (Don’t withdraw unless you really need to!)
Withdrawal Speed: Claims that used to take 20 days are now hitting bank accounts in under 3 days thanks to the new UPI-linked backend.
Pension Note: You can take your PF money, but your EPS (Pension) is separate. You need 10 years of service to get that monthly check later in life.

Also Read | CBSE Board Exams 2026: Admit Cards Expected Soon

The post The Real Deal on Cashing Out 100% of Your PF Money first appeared on Rightsofemployees.com.

EPFO 3.0: Instant PF Withdrawals via UPI & ATM by April 2026

Chandani — Mon, 26 Jan 2026 17:04:06 +0000

EPFO 3.0: Turning Your PF Into a Virtual Bank Account

The Employees’ Provident Fund Organisation (EPFO) is undergoing its most radical transformation yet. EPFO 3.0 is designed to shift the Provident Fund from a “locked-in” retirement asset to a liquid, “bank-like” financial tool.

Also Read | India Leave Policy 2026: Rights for Family Emergencies

1. Key Features: UPI and ATM Access

The headline update is the integration of India’s Digital Public Infrastructure (UPI) to settle claims in real-time.

UPI Withdrawals: Starting April 2026, members can withdraw permitted portions of their PF directly via the BHIM app.
Initial Cap: To prevent misuse, instant UPI withdrawals are expected to be capped at ₹25,000 per transaction.
ATM Access: EPFO plans to issue RuPay-linked cards, allowing members to withdraw cash from approved ATMs just like a savings account.
Real-Time Balance: You will be able to see your “Available Balance” vs. “Eligible Withdrawal Balance” instantly on supported UPI apps.

Also Read | India Leave Policy 2026: Rights for Family Emergencies

2. Technological Overhaul (The “Backend” Reset)

EPFO is moving away from its legacy 2.0 system to a Core Banking Solution (CBS) architecture.

Auto-Claim Settlement: The system aims to auto-process 95% of claims without manual human intervention, cutting wait times from 20 days to just minutes or hours.
AI Integration (Bhashini): Using the government’s Bhashini AI, the platform will offer support in multiple Indian languages and use chatbots for easier grievance redressal.
Tech Partners: India’s IT giants—TCS, Infosys, and Wipro—have been shortlisted to build and maintain this massive cloud-native platform.

Also Read | India Leave Policy 2026: Rights for Family Emergencies

3. Liberalized Withdrawal Rules

The complex maze of 13 withdrawal categories has been streamlined into just three main pillars:

Essential Needs: Covers medical emergencies, education, and marriage.
Housing Needs: For buying, constructing, or renovating a home.
Special Circumstances: Includes natural calamities or sudden financial stress.

[!IMPORTANT] The 25% Rule: To ensure your retirement corpus continues to grow and earn interest (currently 8.25%), members must maintain a minimum balance of 25% of their total contributions in the account at all times….

Also Read | India Leave Policy 2026: Rights for Family Emergencies

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EPFO UPI Withdrawals: The ₹25,000 Cap & New Rules (April 2026)

Chandani — Tue, 20 Jan 2026 11:46:29 +0000

The Employees’ Provident Fund Organisation (EPFO) is set to launch a revolutionary UPI-based withdrawal facility by April 2026. This initiative, developed in collaboration with NPCI (National Payments Corporation of India) and C-DAC, aims to make accessing your retirement savings as simple as a bank transfer, specifically targeting ease of use for blue-collar workers.

Also Read | Best Jio Annual Plans 2026: Unlimited 5G from ₹3,599/Year [UPDATED]

1. The “₹25,000” Per Transaction Cap

To ensure security and prevent potential misuse of instantaneous fund transfers, the government has proposed an initial limit on UPI withdrawals:

Transaction Limit: A cap of ₹25,000 per transaction is speculated for the rollout phase.
Rationale: Instantaneous transfers are more prone to fraud; a smaller cap acts as a “buffer” to protect the member’s larger corpus.
Total Daily Limit: While the per-transaction cap is ₹25,000, the overall daily UPI limit (typically ₹1 Lakh to ₹5 Lakh depending on the bank and category) will still apply.

Also Read | Best Jio Annual Plans 2026: Unlimited 5G from ₹3,599/Year [UPDATED]

2. How the UPI System Works

Members will no longer need to file traditional, time-consuming claims for small advances. The process will be integrated into the BHIM App:

Balance Segregation: The app will clearly display your Total Balance vs. Eligible Withdrawal Balance.
The 25% Rule: You must maintain a minimum of 25% of your total contributions in the account at all times to ensure long-term compounding and retirement security.
Instant Credit: Once you enter your UPI PIN, the funds will be credited to your seeded bank account in seconds, rather than the 3–7 days currently taken by auto-settlement.

3. Frequency Limits: The “Catch”

While the system offers high flexibility, there is a strict limit on how often you can withdraw. If you hit the frequency limit with small ₹25,000 transactions, you may be blocked from further withdrawals even if you have an “eligible balance” left.

Also Read | Best Jio Annual Plans 2026: Unlimited 5G from ₹3,599/Year [UPDATED]

Category	Withdrawal Frequency (Per Year)
Essential Needs (Medical, Marriage, Education)	Up to 3 Times
Special Circumstances	Up to 2 Times
Housing Needs	Generally Once (subject to specific 2026 reforms)

Warning: If you withdraw ₹25,000 three times for “Essential Needs,” you will exhaust your frequency for that year, even if your total eligibility was much higher (e.g., ₹2 Lakh). Plan your withdrawals carefully!

4. Security and Eligibility Requirements

To use the UPI facility in April 2026, ensure the following are updated:

UAN Activation: Your Universal Account Number must be active.
KYC Compliance: Aadhaar and PAN must be linked.
Bank Seeding: Your UPI-linked bank account must match the bank account registered with the EPFO.

Also Read | Best Jio Annual Plans 2026: Unlimited 5G from ₹3,599/Year [UPDATED]

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EPFO Rules 2026: When and How to Withdraw 100% of Your PF Money

Chandani — Mon, 19 Jan 2026 16:27:04 +0000

The Employees’ Provident Fund Organisation (EPFO) has significantly overhauled its withdrawal framework as of January 2026. The new system, often referred to as EPFO 3.0, is designed to be “digital-first” and far more intuitive for the average employee.

Also Read | CBSE Admit Card 2026: Hall Tickets for Regular Students Expected Soon

The most critical update is the unification of rules. Previously, employees had to navigate 13 complex categories with service requirements ranging from 2 to 7 years. These have now been streamlined into just three (or five, depending on sub-classifications) broad categories with a universal service requirement.

1. The “12-Month” Rule: A Major Shift

Under the 2026 reforms, the minimum service requirement for all partial withdrawals has been reduced to just 12 months.

Old Rule: You often had to wait 5–7 years for marriage, education, or housing withdrawals.
New Rule: Once you complete one year of service, you are eligible for partial advances.

Also Read | CBSE Admit Card 2026: Hall Tickets for Regular Students Expected Soon

2. When Can You Withdraw 100%?

While EPFO encourages keeping funds for retirement, there are specific scenarios where you can withdraw your entire eligible balance (including both employee and employer shares + interest):

Scenario	Conditions for 100% Withdrawal
Retirement	Upon reaching the age of 55 (earlier it was 58 for full settlement).
Unemployment	75% can be withdrawn after 1 month; the remaining 25% after 12 months of continuous unemployment.
Permanent Disability	If the member is certified as permanently unfit for work.
Relocation	Moving abroad permanently for settlement or employment.
Retrenchment/VRS	In cases of mass layoffs, business closure, or Voluntary Retirement Schemes.

Also Read | CBSE Admit Card 2026: Hall Tickets for Regular Students Expected Soon

3. The “25% Retention” Safeguard

For partial withdrawals (advances) while you are still employed, EPFO has introduced a mandatory retention rule.

You can withdraw up to 75% of your eligible balance for essential needs (marriage, education, medical, or housing).
At least 25% must remain in the account. This ensures that the power of compounding continues to work, preventing lower-income workers from completely emptying their retirement nest egg.

4. Simplified Categories

The 13 old reasons for withdrawal have been merged into three primary groups to reduce claim rejections:

Essential Needs: Covers medical treatment (self/family), marriage (self/children/siblings), and post-matriculation education.
Housing Needs: Buying land, purchasing/constructing a flat, or home loan repayment.
Special Circumstances: Natural calamities, establishment lockouts (more than 15 days), or other unforeseen financial distress.

Also Read | CBSE Admit Card 2026: Hall Tickets for Regular Students Expected Soon

5. New Digital Features (UPI & Auto-Settlement)

The 2026 update brings a “seconds, not days” approach to payments:

UPI Withdrawals: By April 2026, members will be able to withdraw up to 75% of their eligible balance instantly via UPI (initially through the BHIM app).
Auto-Settlement: The limit for automatic claim processing (no manual officer intervention) has been raised from ₹1 Lakh to ₹5 Lakh.
No Employer Signature: You can now update bank details and seed Aadhaar using Face Authentication on the portal, removing the need for employer approval for many digital services….

Also Read | CBSE Admit Card 2026: Hall Tickets for Regular Students Expected Soon

The post EPFO Rules 2026: When and How to Withdraw 100% of Your PF Money first appeared on Rightsofemployees.com.

EPFO Free Doorstep DLC 2026: Guide for EPS Pensioners

Chandani — Tue, 13 Jan 2026 16:26:44 +0000

Free Doorstep Life Certificates: New Relief for EPS Pensioners

In a significant pro-pensioner move, the Employees’ Provident Fund Organisation (EPFO) and India Post Payments Bank (IPPB) have officially launched a free doorstep service for Digital Life Certificates (DLC).

This initiative, detailed in a circular dated January 9, 2026, removes the need for elderly pensioners to visit banks or EPFO offices, especially those who struggle with technology or mobility.

Also Read | Mandatory Probate Abolished 2026: New Will Rules for Metros

1. How the Free Doorstep Service Works

Unlike previous years where doorstep banking often carried a nominal fee (typically ₹50–₹70), this specific tie-up for EPS pensioners is entirely free.

The Process: A Postman or Dak Sevak will visit your home equipped with a smartphone or biometric device.
Verification: They will verify your Aadhaar details against your Pension Payment Order (PPO).
Authentication: The DLC is generated using Face Authentication Technology (FAT) or fingerprint biometrics via the Jeevan Pramaan app.
Cost: The ₹50 service fee is paid directly by the EPFO to India Post. Pensioners should not pay any cash to the postman.

2. Key Flexibility for EPS 95 Members

EPS pensioners enjoy unique rules regarding their life certificates compared to other central or state government retirees:

Feature	EPS 95 Pensioners	Other Pensioners
Submission Deadline	Anytime (no fixed month)	Usually Nov 1 – Nov 30
Validity	12 Months from date of submission	Valid until next Nov cycle
Service Cost	Free (via India Post doorstep)	Often chargeable for doorstep
Submission Mode	Digital (DLC) or Physical	Digital (DLC) or Physical

Also Read | Mandatory Probate Abolished 2026: New Will Rules for Metros

3. How to Request a Home Visit

If you or a family member cannot visit a center, you can trigger a doorstep visit through these channels:

Call Center: Dial IPPB’s customer care at 033-22029000 or 155299.
Post Info App: Download the ‘Post Info’ app (Android) and select ‘Service Request’ to book a slot.
Local Post Office: Inform your local beat postman during their routine rounds.

4. Other Self-Service Channels

For those comfortable with smartphones, you can submit your DLC yourself to save time:

Umang App: Search for “Jeevan Pramaan” and follow the prompts.
Face RD App: Download the ‘Aadhaar Face RD’ and ‘Jeevan Pramaan’ apps from the Play Store to submit using just your phone’s camera.
Common Service Centres (CSC): Visit any nearby CSC or your pension-disbursing bank branch.

Also Read | Mandatory Probate Abolished 2026: New Will Rules for Metros

The post EPFO Free Doorstep DLC 2026: Guide for EPS Pensioners first appeared on Rightsofemployees.com.

EPFO Minimum Pension Hike: EPS-95 May Increase to ₹5,000

Chandani — Thu, 08 Jan 2026 04:24:30 +0000

EPFO Pension Overhaul: Proposed 5x Hike to Minimum EPS Pension

The Employees’ Provident Fund Organisation (EPFO) is reportedly considering a significant update to the Employees’ Pension Scheme (EPS-95). As of January 8, 2026, discussions are gaining momentum regarding a proposal to increase the minimum monthly pension from ₹1,000 to ₹5,000 (or potentially up to ₹7,500), offering major relief to millions of retired private-sector employees struggling with inflation.

Also Read | 5 Major Income Tax Changes Shaping Your 2026 Finances

While the proposal has the strong backing of employee unions, it currently awaits final approval from the Central Government, with a formal announcement potentially expected during the upcoming Union Budget 2026.

1. Who Stands to Benefit?

The proposed revision targets the most vulnerable segment of the retired workforce—those receiving the baseline minimum.

Category	Eligibility Criteria
Service Period	Employees with at least 10 years of continuous service.
Age Requirement	Individuals who start receiving pension at or after 58 years.
Existing Pensioners	All current retirees receiving the ₹1,000 floor pension.
Widows/Disabled	Specific provisions for increased support for widow and disability pensions.

Also Read | 5 Major Income Tax Changes Shaping Your 2026 Finances

2. Why the Hike is Necessary

The minimum pension of ₹1,000 was set in 2014 and has remained stagnant for over a decade.

Inflation Gap: The cost of living has nearly doubled in some urban areas since the last revision.
Actuarial Challenges: The primary hurdle is an actuarial deficit in the pension fund. However, the Supreme Court has recently directed the government to review wage ceilings (from ₹15,000 to potentially ₹21,000), which would increase contributions and help fund the hike.
Social Security: Unions argue that ₹1,000 is “symbolic” rather than “substantial,” failing to cover even basic medical expenses for senior citizens.

Also Read | 5 Major Income Tax Changes Shaping Your 2026 Finances

3. Current Status & Timeline

As of today, the ₹1,000 minimum remains in place.

Policy Stage: The proposal is currently under “policy deliberation” between the Ministry of Labour and Employment and the Finance Ministry.
Budget 2026: Expert analysts suggest the government may use the February Budget to announce the hike as part of a broader social security reform package.
Supreme Court Influence: The Court has given the Centre four months (from January 2026) to decide on increasing the wage ceiling, which is inextricably linked to pension payouts…

Also Read | 5 Major Income Tax Changes Shaping Your 2026 Finances

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EPF Transfer Warning: Why Skipping it Could Cost You Lakhs

Chandani — Sat, 20 Dec 2025 08:38:18 +0000

Retirement Alert: How “Fragmented” EPF Accounts Can Shrink Your Savings and Trigger Massive Tax Bills

Also Read | Rent Agreement Expiry: Your Legal Roadmap to Reclaiming Your Property

The Compounding Crisis: Why Consolidated Balances Outperform Multiple Small Accounts
The “Dormant” Danger: How Inactivity Can Turn Tax-Free Interest into Taxable Income
Five-Year Rule: Ensuring Your Withdrawal Stays Tax-Exempt Across Multiple Employers
Pension Pitfalls: Why 10 Years of Consolidated Service is Mandatory for Monthly Payouts
Auto-Transfer Failures: Common Reasons the Seamless Process Might Get Stuck in 2025

Joining a new company is exciting, but leaving your old EPF account behind is a quiet financial suicide. The thing is, many employees think their money is “safe” in their old account, but they’re missing out on the power of consolidated compounding.

Also Read | Rent Agreement Expiry: Your Legal Roadmap to Reclaiming Your Property

Actually, a recent analysis shows that a member in the 30% tax bracket could lose over ₹1.66 lakh in just five years simply by not transferring their balance. Specifically, when you leave an account inactive for 36 months, it becomes “dormant.” As a result, while it may still earn interest, the tax authorities can treat that interest as “Income from Other Sources,” making it fully taxable. Consequently, you’re literally paying a penalty for being lazy with your paperwork (those too).

And here’s the kicker. It’s not just about the interest—it’s about the tax-free exit.

Also Read | Rent Agreement Expiry: Your Legal Roadmap to Reclaiming Your Property

Basically, EPF withdrawals are only tax-free if you’ve completed 5 years of continuous service. Instead of treating each job separately, transferring your account allows the EPFO to “bridge” those years together. In fact, if you don’t transfer and decide to withdraw from an old account later, you might be hit with a 10% TDS (or a brutal 34.6% if your PAN isn’t linked). And then Y followed. You lose out on the Employees’ Pension Scheme (EPS) benefits because you need 10 years of consolidated service history to qualify for a monthly pension (I checked this twice).

Table: The Cost of Fragmented EPF (30% Tax Bracket Illustration)

Scenario	5-Year Interest Earned	Tax on Interest	Final Accumulated Corpus
PF Transferred	₹12,33,202	₹0 (Tax-Exempt)	₹37,33,202
PF Not Transferred	₹12,26,878	₹1,60,096	₹35,66,781
The Difference	– ₹6,324	+ ₹1,60,096	– ₹1,66,421

Moreover, don’t trust the “Auto-Transfer” system blindly. Specifically, the mechanism only triggers if your new employer files the first Electronic Challan-cum-Return (ECR) perfectly.

Also Read | Rent Agreement Expiry: Your Legal Roadmap to Reclaiming Your Property

Actually, the system often fails if there are spelling differences in your name on Aadhaar versus your PF records. As a result, unverified KYC details or a missing “Date of Exit” from your previous HR can halt the transfer indefinitely. Consequently, you should log into the Unified Member Portal 30 days after joining a new firm to check if the balance has moved. And then Y followed. If it hasn’t, you need to manually initiate a “One Member – One EPF Account” request (let’s be real, HR departments aren’t always looking out for your retirement as much as you are).

The thing is, BSNL and other major institutions are now syncing their 4G/5G rollout data with employment records, but manual errors persist. In fact, move from an “Exempted Trust” (like many big IT firms) to a “Non-Exempted” one is the trickiest of all.

Basically, if no progress is visible after 30 days, you shouldn’t just wait—you should raise a formal grievance on the EPFiGMS portal. Instead of a tidy wrap-up, remember that your UAN is the “key” to your entire financial future. And then Y followed. Keep your KYC updated, link your Aadhaar, and ensure your service history is a single, unbroken chain. Your 60-year-old self will thank you for the extra lakhs you saved today….

Also Read | Rent Agreement Expiry: Your Legal Roadmap to Reclaiming Your Property

The post EPF Transfer Warning: Why Skipping it Could Cost You Lakhs first appeared on Rightsofemployees.com.

EPS-95 Pension Hike: Why the ₹7,500 Plan is Still Stuck

Chandani — Thu, 18 Dec 2025 16:27:46 +0000

₹7,500 EPS-95 Pension Hike: Govt Explains the Long Wait in Parliament

The Reality Check: Why the ₹1,000 Minimum Isn’t Moving Yet
Actuarial Deficit: The Financial Wall Blocking Higher Payouts
Pension Fixation: 99% of Supreme Court Related Claims Processed
No DA for You: Why Inflation-Linked Hikes Were Found “Not Feasible”

Millions of private-sector retirees are still waiting for a raise. The thing is, the government just confirmed in the Lok Sabha that the minimum EPS-95 pension will stay at ₹1,000 for now.

Also Read | Flex by Google Pay: The UPI-Powered Credit Card Revolution

Actually, pensioners have been fighting to get this bumped up to ₹7,500. Specifically, they want dearness allowance (DA) and free medical care to go with it.

As a result, nearly 78 lakh elderly citizens are stuck with a payout fixed way back in 2014. Consequently, their purchasing power has been completely crushed by rising prices (let’s be real, ₹1,000 is barely pocket money today).

And here’s the kicker. The government says its hands are tied. In fact, the Labour Ministry pointed to a massive “actuarial deficit” in the pension fund.

Also Read | Flex by Google Pay: The UPI-Powered Credit Card Revolution

Basically, the fund isn’t growing fast enough to cover such a huge jump in payouts. Instead of a hike, the Centre says it is already providing extra “budgetary support” just to keep the ₹1,000 floor alive.

Actuarial Deficit: The 2019 valuation showed the fund is under heavy pressure.
DA Linkage: A high-level committee ruled that inflation-linked hikes are “not feasible.”
Higher Pension Progress: 99% of Supreme Court-mandated claims have finally been processed by November 2025.
Current Funding: Employers give 8.33% and the government adds 1.16%—it’s just not enough for a 7x hike.

Also Read | Flex by Google Pay: The UPI-Powered Credit Card Revolution

Moreover, there was some talk about the Supreme Court’s 2022 direction on pension fixation. Specifically, the EPFO has processed 15.24 lakh applications from employers so far.

Actually, almost all of these cases were cleared by late November 2025. As a result, those who opted for higher contributions are seeing some movement. Consequently, the “minimum” pensioners are feeling left behind (those too).

The thing is, the government hasn’t offered a single date for a future increase. In fact, the reply was a bit of a “hard truth” session for the National Agitation Committee.

Basically, the scheme is designed as a “defined contribution” model. Instead of a tidy solution, the wait for a livable pension continues for millions of Indian seniors.

Protests are expected to pick up again across the country. Consequently, the gap between “survival” and the current ₹1,000 reality remains wide open…

Also Read | Flex by Google Pay: The UPI-Powered Credit Card Revolution

The post EPS-95 Pension Hike: Why the ₹7,500 Plan is Still Stuck first appeared on Rightsofemployees.com.

Big EPFO Update: PF Withdrawal via ATM and UPI by March 2026

Chandani — Thu, 18 Dec 2025 16:08:18 +0000

EPF Cash via ATM & UPI: Union Minister Mansukh Mandaviya Announces Digital Overhaul

EPFO 3.0: The End of Paperwork for Millions of Workers
Instant Access: ATM Cards and UPI Linking for PF Savings
The Unified Framework: 13 Categories Merged into Three Simple Groups
Unemployment Benefits: Immediate 75% Payout and New Waiting Rules

The way you touch your retirement money is getting a massive digital upgrade. The thing is, Union Labour Minister Mansukh Mandaviya just confirmed that ATM and UPI withdrawals are coming to the EPFO.

Also Read | Ration Card Online: Step-by-Step Guide via UMANG App

Actually, the government wants to ditch the “paperwork nightmare” that has haunted subscribers for decades. Specifically, these new digital options are expected to roll out fully before March 2026.

As a result, accessing your provident fund will soon be as easy as using a regular savings account. Consequently, you won’t have to wait weeks for a manual claim to settle (let’s be real, we’ve all wanted this for years).

And here’s the kicker. The ministry has already simplified the mess of old rules. In fact, they merged 13 confusing withdrawal categories into just three: Essential Needs, Housing, and Special Circumstances.

Also Read | Ration Card Online: Step-by-Step Guide via UMANG App

Basically, the goal is to stop the high rejection rates caused by complex eligibility rules. Instead of needing seven years of service for certain advances, you now only need a uniform 12 months. And then Y followed. The system is becoming way more member-friendly.

Bigger Withdrawals: You can now pull out both your share and the employer’s contribution (with interest). Actually, this significantly increases the amount of cash you can access.
ATM Integration: You’ll eventually get a dedicated PF feature on debit cards. Specifically, it will allow direct cash withdrawals from your corpus.
UPI Linking: UAN is being connected to the NPCI network. Basically, you can just enter your UPI ID on the portal for near-instant credit.
Auto-Settlement: Under EPFO 3.0, nearly 95% of partial claims are being automated. In fact, many won’t even need employer approval anymore.

Also Read | Ration Card Online: Step-by-Step Guide via UMANG App

Moreover, the rules for job loss have changed to protect your long-term security. Specifically, if you lose your job, you can withdraw 75% of your balance immediately.

Actually, the remaining 25% must stay in the account for one year. As a result, you keep your account active and continue earning the 8.25% interest rate. Consequently, if you find a new job within that year, your retirement corpus stays intact (those too).

The thing is, there is a new “Passbook Lite” feature already live. Actually, it lets you see a snapshot of your funds without a separate login. In fact, it’s all part of a “Centralised Pension System” that started in January 2025.

Basically, the government is turning the EPFO into a modern financial hub. Instead of a tidy wrap-up, just know that the “EPFO 3.0” transition is an ongoing shift toward total digital autonomy for every Indian worker….

Also Read | Ration Card Online: Step-by-Step Guide via UMANG App

The post Big EPFO Update: PF Withdrawal via ATM and UPI by March 2026 first appeared on Rightsofemployees.com.

EPFO Alert: You Could Get ₹28,000. Check Your PF Balance Now

Chandani — Wed, 10 Dec 2025 13:45:18 +0000

EPF Update: You Could Be Getting Twenty-Eight Thousand Rupees. Seriously.

Listen up. We’re talking about PF employees across the country—the numbers are going up every year. All those private companies? They set up these PF accounts, and the whole thing is monitored by the Employees’ Provident Fund Organisation, the EPFO. The thing is, the Central Government hands out interest every single year. And they’re about to talk interest rates again. Soon.

This time, there’s heavy chatter. We’re hearing interest rates could go up to 9.25%. Seriously, 9.25%. There are all sorts of discussions behind closed doors about the numbers. But if that 9.25% is approved for PF employees? A substantial chunk of money could land in their accounts. It all depends on how much you’ve already saved, of course, the size of your EPF pot. Let’s look at the numbers—the messy part—to see how much you could actually be getting.

So, What’s the Interest Tally Going to Be?

The Central Government could very well approve a 9.25% rate for the financial years 2025 and 2026. Here’s the kicker: That rate is one full percentage point higher than last year’s. That’s a massive boost for employees, or nothing makes sense. Last time around, they only transferred 8.25% interest.

Now, let’s do the math. Just for example, if an employee has a solid ₹3 lakh sitting in their PF account? You could be looking at earning up to ₹28,000 in interest. That’s a significant hit.

The interest calculation is pretty straightforward: it’s based on your total EPF balance. More money in there? More interest, obviously. Less money? Less interest. Simple. Let’s be real, nobody has officially announced the final number yet. It’s still a rumor, but a strong one. The government is expected to open its coffers and make the announcement sometime during the general budget session. X happened (the rumor started). And then Y followed (we started running the numbers).

Who Benefits? And How to Check

A massive, massive number of PF employees are going to benefit from this interest announcement. According to one report, we’re talking about more than 75 million employees. That’s crazy. This money, this “significant gift,” as they call it, is transferred directly to your EPF accounts.

The process is ongoing, but you can check what you’ve earned right from your sofa. You don’t need to panic about checking the balance. If your mobile number is linked to your UAN, you can get the info easy, simple method.

You literally just need to give a missed call to 011-22901406. A few seconds later? The balance information hits your phone via SMS. No logging in, no passwords. It’s quick.

Recommended Readings:

DISCLAIMER: This content is for informational and educational purposes only and should not be considered professional financial advice. Always consult the official Employees’ Provident Fund Organisation (EPFO) website or the government’s official budget announcements for confirmed interest rates and rules. We are just giving you the field notes on the discussions currently taking place.

MAKE rightsofemployees

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PF Transfer After Job Change: The Official Online Step-by-Step Guide for Your UAN

Chandani — Wed, 10 Dec 2025 13:09:51 +0000

PF Transfer: The Unavoidable Task After a Job Switch

Job changes hit you with a ton of mixed emotions. Let’s be real, sometimes it’s a huge struggle just to land a role that actually matches your skills. Other times? It’s pure excitement—new faces, fresh projects, and yeah, usually a better paycheck.

But here’s the thing: in the mess of offer letters, exit formalities, and all that onboarding noise, people forget one critical financial move. I’m talking about transferring your Provident Fund (PF) from the old company to the new one.

This little oversight? It has long-term consequences. Plain and simple, a quick PF transfer keeps your retirement money growing without any nasty surprises. It’s about safeguarding your future savings.

Why You Can’t Just Ignore the PF Transfer

When you join a new outfit, your Universal Account Number (UAN) stays the same. However, a new PF account is automatically created under the new employer. You need to pay attention here. If you don’t move the balance from the old account, that account goes inactive.

And then what follows? After three years of inactivity, it stops earning interest. That’s money you’re losing. It silently kills the power of compounding—or nothing!

Consolidating all your PF savings into a single active account isn’t just about making your life easier. It allows you to track your retirement corpus efficiently. More importantly, it ensures compounding works uninterrupted, helping you bank those higher, long-term returns.

The Digital PF Transfer Process: Field Notes

The Employees’ Provident Fund Organisation (EPFO) has made this a completely digital deal via its Member e-Sewa portal. First off, employees must ensure their UAN is active. You also need to link it with your Aadhaar, bank account, and mobile number.

Once you log in, go to the ‘Online Services’ section. Then, select ‘Transfer Request’. You get to choose whether your current or previous employer approves the request. After that, once both employers finish their verification, the PF balance usually moves within a few weeks. A simple SMS confirmation lands in your inbox when the job’s done.

Key Checks: Don’t Get Stuck

Before you even click ‘Submit’, you’ve got to double-check your KYC details. Make sure your Aadhaar, PAN, and bank account information are 100% correct on the EPFO portal. Also, you’ll need the previous PF account number. You can usually find this on your payslip or under the ‘Service History’ part of the portal.

The thing is, having these details locked down significantly cuts down on processing delays. It just speeds everything up.

Common Roadblocks: What Gets Messy

Even with a digital system, PF requests get stuck. Why? Minor data mismatches. Errors in name spelling, a wrong date of birth, or bank details that don’t match up are the usual culprits for rejection.

So, what happens next? You have to initiate corrections through your employer. Sometimes, you need to approach EPFO support before you can reapply. In general, if both your current and previous employers coordinate the UAN updates, you can prevent most of these headaches.

Why PF Withdrawal is a Costly, Messy Mistake

A large number of employees still pull their PF balance out every time they switch jobs. But seriously, financial experts strongly advise against this. Withdrawal should ideally only be considered if a person is unemployed for two months or more.

Withdrawing PF breaks that compounding cycle. It reduces the potential size of your retirement corpus over time. In contrast, transferring PF keeps the investment whole. It steadily builds a strong financial safety net for your retirement.

In the rush of switching jobs, the PF transfer often takes a back seat. But this one step plays a decisive role in shaping your long-term financial stability. Transferring PF instead of withdrawing it is not just a form to fill—it’s a smart financial decision that actively protects your future.

Disclaimer: This article is for informational purposes only and does not constitute financial or legal advice. Readers should consult a qualified financial advisor for advice tailored to their specific circumstances.

Recommended Reading:

Right to Disconnect Bill Tabled: Employees Can Ignore After-Hours Work

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EPS-95 Pension Hike Unlikely: Fund Under ‘Actuarial Deficit’ Stress

Chandani — Tue, 02 Dec 2025 16:23:23 +0000

This is a massive financial and political development for nearly 80 lakh EPS pensioners. The government has essentially put a financial freeze on demands for higher benefits.

Also read |WhatsApp SIM Binding: Web Logouts Every 6 Hrs from Feb 2026.

Here is the raw breakdown of the Minister’s reply in the Lok Sabha:

EPS-95 Pension Hike Unlikely: Fund Under ‘Actuarial Deficit’ Stress

The government just shut down the pensioners’ long-standing demand for raising the minimum pension from ₹1,000 to ₹7,500—at least for the near future. MP Balya Mama Suresh Gopinath Mhatre asked the question. The Minister gave the answer.

Also read |WhatsApp SIM Binding: Web Logouts Every 6 Hrs from Feb 2026.

The Financial Reality (Why No Hike)

Actuarial Deficit: Minister Karandlaje confirmed the fund is under “actuarial stress.” The valuation as of March 31, 2019, shows an actual deficit. It happened. And because of that deficit, the government cannot enhance pension benefits right now.
The Structure: She clarified the EPS-95 is a “defined contribution-defined benefit” scheme. All benefits are paid only from two sources:
1. Employer contribution (8.33% of wages).
2. Central Government contribution (1.16% of wages, capped at ₹15,000 wage ceiling).
The Stagnation: This structure, combined with the deficit, explains why the minimum pension is stuck at ₹1,000 and why Dearness Allowance (DA) is not extended, even though inflation keeps rising. The pension amount is officially considered insufficient for a dignified life, but the fund status restricts revision.

Also read |WhatsApp SIM Binding: Web Logouts Every 6 Hrs from Feb 2026.

The Higher Pension Processing (The Good News)

On a separate, but related, note, the massive job of processing applications for higher pensions (following the Supreme Court’s 2022 order) is virtually complete. The EPFO had to deliver, and they did.

Completion Rate: Nearly 99% of all applications received from pensioners and members have been disposed of by the EPFO. A time-bound job.
The PPO Tally: Of the eligible retirees, 1,24,457 revised Pension Payment Orders (PPOs) have been issued. Another 12,572 PPOs are in the final stages of approval.
The Ineligible: About 34,060 cases were deemed ineligible, mostly because the applicants failed to remit the required contribution amount.

The government maintains it is committed to ensuring benefits, taking the fund’s “health” into account. But with the deficit now officially confirmed in Parliament, a major minimum pension hike remains a distant, ongoing demand.

End . . .

Also read |WhatsApp SIM Binding: Web Logouts Every 6 Hrs from Feb 2026.

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EPFO UAN Guide: Delink Incorrect Member ID in 7 Steps

Chandani — Mon, 01 Dec 2025 16:03:40 +0000

This is two news items slammed together: a critical how-to guide for a common EPFO problem, and a massive potential policy change that will expand social security coverage.

Also read:Liver Rescue: 3 Daily Drinks That Melt Fatty Liver Naturally

Part 1: The Delinking Fix

When your Universal Account Number (UAN) links to a wrong Member ID, it’s a mess. Your service history is all wrong, and it causes headaches down the line. The good news: the EPFO has finally made a direct online fix possible.

The Problem: UAN is linked to a Member ID you don’t recognize or that’s just wrong.
The Fix (Step-by-Step guide):

1. Firstly, you need to visit the unified member portal where you will enter your UAN, password and CAPTCHA.

2. Now you need to navigate to the view>> service history section.

3. At this stage, you need to select the incorrect member ID and click the delink button.

4. Now you can share the reason for delinking.

Also Read |Liver Rescue: 3 Daily Drinks That Melt Fatty Liver Naturally

5. Complete the verification process as OTP is sent to the registered mobile number, which you need to enter.

6. Delinking is finally carried out, and a message of success is displayed on the screen.

7. Once this is done, the service history of this incorrect ID won’t be visible. You can cross-verify this on the unified member portal again.

Here’s the kicker: This fix won’t work if the employer has already filed an ECR (Electronic Challan-cum-Return) using that incorrect Member ID. If contributions have already been formally submitted against the wrong ID, you’ll hit an ‘error’ message. That means you’ll have to go the old-school route through your employer or the EPFO field office.

Also read:Liver Rescue: 3 Daily Drinks That Melt Fatty Liver Naturally

The post EPFO UAN Guide: Delink Incorrect Member ID in 7 Steps first appeared on Rightsofemployees.com.

Pension Halted: Life Certificate Deadline Missed; How to Restart

Chandani — Mon, 01 Dec 2025 10:20:26 +0000

This is critical news that hits people’s bank accounts immediately. The deadline to submit the annual Life Certificate (Jeevan Pramaan) was yesterday, November 30th. For anyone who missed it, the financial impact is real.

Here are the raw notes on what happened and what you need to do now:

December Pension Stopped: The Life Certificate Deadline Passed

The thing is, the government needs proof you are alive. Or nothing. This is the Life Certificate rule, mandatory every year to prevent fraud and erroneous payments.

The Hard Stop: The deadline was November 30th. If you didn’t submit the certificate—your Jeevan Pramaan Patra—the system will automatically withhold your December pension.
The Reason: It’s simple bureaucracy. The bank stops payment because, legally, they don’t have confirmation that the beneficiary is alive.

The Fix: Get It Done NOW

The situation is temporary. The money will come back. But you need to act fast to stop the hold-up from continuing. You submit the certificate, and the pension starts again. The delay is just a few days for processing.

Here’s how to do it without leaving the house:

Aadhaar Face Authentication: This is the easiest option now. You download the Jeevan Pramaan Face App and the required RD service app. You use your smartphone camera (needs a 5MP front camera) to scan your face. It verifies your identity against your Aadhaar photo. It takes minutes.
Jeevan Pramaan App: This is the standard digital route. You enter your Aadhaar and bank details, and authenticate the process. The certificate is automatically sent to the Pension Disbursing Authority (PDA).
Doorstep Banking: For the elderly or mobility-impaired, many banks and India Post offer this. They send an employee to your house to fill out the form and process the verification. This is invaluable, or nothing.

The clock is ticking for your December payment. Submitting today is the only way to minimize the disruption.

Also read:Mumbai: BMC Launches Fast-Track, Weekend Marriage Registration Services

The post Pension Halted: Life Certificate Deadline Missed; How to Restart first appeared on Rightsofemployees.com.

800% Hike? Unions Push Govt. for ₹9,000 Minimum EPS Pension

Chandani — Thu, 27 Nov 2025 14:29:18 +0000

The demand was raised forcefully in a recent pre-budget meeting with the Finance Ministry’s top brass. The unions are pushing for fundamental changes, arguing that the existing system is unsustainable for retirees.

The Key Demands

Minimum Pension Hike: Raising the EPS-95 minimum pension from $\text{₹}1,000$ to $\text{₹}9,000$ per month.

Also read:Lost Your DL? How to Get a Duplicate Online via Parivahan

DA Linkage: Crucially, they want the new minimum pension to be linked with Dearness Allowance (DA). This would ensure the pension keeps pace with inflation, something the current fixed ₹1,000 minimum completely fails to do.
OPS Restoration: They demanded the elimination of the New Pension Scheme (NPS) and the restoration of the benefits of the Old Pension Scheme (OPS), arguing the current Unified Pension Scheme is inadequate.
Tax Relief: They also sought tax incentives on social security contributions and an increase in the income tax rebate ceiling for salaried individuals.

The Financial Context

The EPS-95 is a defined contribution-defined benefit scheme.

Employer Contribution: 8.33% of the employee’s wages go to the pension fund.
Government Contribution: 1.16% of wages (up to a ceiling of $\text{₹}15,000$ per month) is provided by the Central Government via budgetary support.
Budgetary Support: The government already provides additional budgetary support just to ensure the ₹1,000 minimum pension can be paid out. The jump to $\text{₹}9,000$ would require a massive increase in this annual government allocation, which is the major hurdle.

The demand for the hike has been ongoing for years, with various pensioner groups previously asking for amounts like $\text{₹}7,500$ . Now, $\text{₹}9,000$ is the number on the table, and the government will have to address this massive actuarial deficit problem in the budget, or face sustained public pressure. The thing is, this is now a political issue of providing dignified living to crores of retirees.

Also read:Lost Your DL? How to Get a Duplicate Online via Parivahan

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When the PF Check Fails: The Reliable Digital Backups

Chandani — Thu, 27 Nov 2025 11:20:13 +0000

When the standard portal login or quick SMS/missed call methods crap out due to network issues or technical glitches, you need a different digital path. These three are your most reliable options, and they often work when the others don’t.

Also read:Salary Shock: India’s New Labour Codes are Now Effective

1. The UMANG App Solution (The Best Backup)

The UMANG (Unified Mobile Application for New-age Governance) app is the single best way to check your balance because it bypasses the direct EPFO website issues. It’s often the quickest way to get a clean passbook.

The Path: Download the UMANG app (iOS/Android). Search for EPFO. Select ‘View Passbook.’
The Kicker: You’ll enter your UAN and verify with the OTP sent to your registered mobile. Once linked, you can view your balance, download your e-Passbook, and even file claims.

Also read:Salary Shock: India’s New Labour Codes are Now Effective

2. The Correct Missed Call Number & KYC Check

The source content used an older number. The current, widely used missed call service number is different, and it absolutely requires clean data to work.

The Number: Give a missed call from your UAN-registered mobile number to 9966044425. The call will auto-disconnect.
The Fix: This service is totally free, but it requires that your UAN is seeded with at least one of these KYC details: Bank Account Number, Aadhaar, or PAN. If it’s failing, check your KYC status first.

3. The Regional WhatsApp Strategy

This is for personalized help. You can’t just send your UAN to the general SMS number on WhatsApp; you need to find the specific contact for your office.

The Contact: The helpline number is not a single national number. You must find the dedicated WhatsApp Helpline number for your specific Regional EPFO Office where your PF account is maintained.
The Method: Send a message to that number. Just state your query about your balance or UAN clearly.

Offline & Last-Resort Options

If the digital world is completely blocked, you still have your money.

Go to HR: Ask your company’s HR/Finance department to provide or print a statement for you. They have access to the Employer’s side of the EPFO portal.
Visit the Office: Visit your Regional EPFO office. Take your UAN, ID proof, and registered mobile. They can look up your balance and print a statement for you there.

Also read:Salary Shock: India’s New Labour Codes are Now Effective

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Big News for Your Retirement Savings: Changes at the EPFO Explained Simply

Chandani — Sat, 22 Nov 2025 12:29:49 +0000

The Employees’ Provident Fund Organisation (EPFO) is planning a few big changes that will affect how you save for retirement. Here is a simple guide to what’s changing and why it matters to you.

Also read:Government Increases Vehicle Fitness Test Fees Up to Tenfold to Expedite Scrappage

1. The Biggest Change: Higher Salary Limit

Right now, if you earn more than ₹15,000 per month in basic salary, your employer is not required to enroll you in the mandatory retirement savings and pension plans (EPF and EPS). You can often be left out of the system.

The Proposed Change:

Old Limit: ₹15,000 per month (in place since 2014).
New Proposed Limit: ₹25,000 per month.

What This Means For You:

More People Covered: If this passes, millions of workers who earn between ₹15,000 and ₹25,000 will automatically be included in the EPF and EPS schemes.
Better Retirement: You will have bigger monthly contributions, which means your total savings (your “corpus”) will grow much larger over time.
Official Reason: A senior government official explained that it’s unfair that people earning just above ₹15,000 have no official pension and have to depend only on their children later in life. This change fixes that.

Also read:Government Increases Vehicle Fitness Test Fees Up to Tenfold to Expedite Scrappage

2. Changes to the Pension Plan (EPS) Rules

The Employees’ Pension Scheme (EPS) is the part of your retirement fund that gives you a guaranteed monthly income after you retire. The rules for this scheme are also being updated.

Problem Solved (Higher Pension): If you were already contributing based on your full, higher salary in the past, the EPFO has confirmed that you are now eligible to receive a higher pension payout when you retire. This settles a long debate.
Minimum Pension Increase: The current minimum pension is only ₹1,000 per month, which is very low. The government is reviewing this and is expected to increase the amount soon to help current pensioners afford rising costs.

Also read:Government Increases Vehicle Fitness Test Fees Up to Tenfold to Expedite Scrappage

3. New Rule for Withdrawing Pension Money

The goal of the pension system is to give you a regular income in old age, so they want to make sure you don’t take the money out too early.

The Withdrawal Rule Change:

Old Rule: If you left your job, you could withdraw your EPS money after 2 months of unemployment.
New Rule: You will now have to wait 36 months (3 years) of unemployment before you can withdraw your EPS balance.

What This Means For You: This change is designed to encourage you to keep your retirement money saved so you can benefit from a lifelong pension, instead of taking it out as a lump sum early on.

4. Faster, Easier Payments (Digital System)

The EPFO has created a new digital system called the Centralised Pension Payment System (CPPS).

What This System Does:

Faster: Payments are quicker and more reliable.
Easier: You can receive your monthly pension payments at any bank branch without needing to fill out forms or transfer your account.

These proposed changes are being discussed right now and, if approved, will be some of the most important reforms for retirement planning in many years, making sure more people in India have financial security when they get older.

Also read:Government Increases Vehicle Fitness Test Fees Up to Tenfold to Expedite Scrappage

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Massive Pension Relief: EPFO Accelerates EPS-95 Arrears Clearance Through New Digital System

Chandani — Sat, 22 Nov 2025 11:15:55 +0000

The Employees’ Pension Fund Organisation (EPFO) has initiated a large-scale, accelerated campaign to disburse long-awaited pension arrears under the Employees’ Pension Scheme (EPS-95).

This decisive action comes in response to the S upreme Court’s November 2022 order, which granted eligible employees the right to opt for a significantly higher pension. After months of application collection and recalculation, the EPFO began releasing the first phase of arrears in July 2025.

The Digital Engine: Centralised Pension Payment System (CPPS)

The key driver behind this rapid turnaround is the EPFO’s recently deployed Centralised Pension Payment System (CPPS).

As reported by Zee News, the CPPS acts as a digital backbone, automating complex monthly pension calculations and making the entire arrears settlement process far more efficient. The integration of improved digital verification alongside this automated workflow is expected to provide substantial, long-term streamlining for all future pension disbursements.

Disbursement Figures Highlight Rapid Acceleration

The CPPS has immediately impacted the volume of payments, demonstrating a clear upward trend in the clearance of pending cases and arrears:

Period	Total Payout (Arrears & Regular Pension)	Rate of Increase (M-o-M)
July 2025	₹2,819 crore	–
August 2025	₹3,050 crore	+8.2%
September 2025	₹4,010 crore	+31.5%

The significant jump to over ₹4,010 crore in September 2025 underscores the success of the new centralised system in tackling the backlog and delivering financial relief to pensioners faster than ever before.

Also read:Government Increases Vehicle Fitness Test Fees Up to Tenfold to Expedite Scrappage

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PPF Account Interest Rules : Do you earn interest if you don’t deposit money in PPF after 15 years? Learn the rules.

Pravesh Maurya — Wed, 19 Nov 2025 04:00:52 +0000

PPF Account Interest Rules: PPF is a safe scheme for investors, with a maturity period of 15 years. The account can be extended after maturity, and interest continues to accrue even if no new deposits are made…

PPF Account Interest Rules: The Public Provident Fund (PPF) is one of the most reliable savings schemes for investors. Its maturity period is 15 years, but everyone wonders: if investors stop making new deposits after this period, what will happen to the account, and will they receive any interest? Let’s find out.

Will interest continue to accrue for 15 years?
The unique feature of a PPF account is that even after maturity, investors have the option to close the account and withdraw the funds, or they can extend it. If an investor does not fill out the account extension form and does not make any new deposits, the account goes into passive extension mode. In this state, interest continues to accrue on the balance, even if no new deposits are made.

Is the interest earned on PPF taxable?
Investors can deposit a minimum of ₹500 and a maximum of ₹1.5 lakh annually into PPF. This investment is tax-deductible under Section 80C of the Income Tax Act. Furthermore, the interest earned is tax-free. This is why this scheme is extremely popular among long-term savers and tax planners.

After maturity, investors can extend the account for a period of 5 years. During this time, they can either make new deposits or continue to receive interest on the old balance. If investors choose the active extension option, they must deposit a minimum of ₹500 per year. However, if they choose the passive extension mode, they will continue to earn interest even without making any new deposits.

How much interest is currently being earned?
Currently, PPF offers an annual interest rate of 7.1%. This means that if an investor has a balance of ₹10 lakh in their account and doesn’t add any new funds, they will still earn approximately ₹71,000 in interest each year. This interest will continue to accrue to their account, and the balance will grow over time due to compounding.

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EPFO Pension : What is the minimum pension for private employees? It will increase to this much; understand the calculation.

Pravesh Maurya — Tue, 18 Nov 2025 04:43:49 +0000

Pension Calculation: This news is related to pensions for private employees. The minimum pension under the EPFO is ₹1,000, which is expected to be increased to ₹7,500. To receive a pension, it’s necessary to be an EPFO member and have made PF deductions for 10 years. Pension is calculated using a fixed formula, which includes pensionable salary and service.

New Delhi. Government employees receive a pension. But many people are unaware that private employees also receive a pension. If you hold a private job, this news may be useful to you. In this news, we’ll explain the minimum and maximum pension amounts in private jobs.

What is the minimum pension under the EPFO?
The minimum pension under the Employees’ Pension Scheme (EPS-95) under the EPFO is currently ₹1,000 per month. This was fixed in 2014 and has remained unchanged since then. The minimum pension under the Employees’ Pension Scheme (EPS-95) is expected to be increased to ₹7,500 from May 2025. This increase is intended to provide retired employees with a more livable pension and will include an inflation-linked dearness allowance (DA) component, which will be adjusted twice a year.

Will the pension increase?
The government will also increase the minimum pension under the EPFO. Work on this has already begun. Various employee organizations have long demanded that the amount of ₹1,000 is too low considering current inflation. Trade unions and various pensioners’ associations have long demanded an increase in the pension amount under the Employees’ Pension Scheme (EPS) to ₹7,500.

However, according to reports, the CBT will not increase the pension by 7.5 times and may consider increasing it by ₹2,500. However, it is not yet clear how much the increase will be. Different media reports are making different claims.

To receive a pension under the EPS, employees must fulfill the necessary conditions. For this, the employee must be an EPFO member and their PF must be deducted for at least 10 years. Pension benefits begin after the age of 58.

How is pension determined under EPFO?
Pension under EPS is calculated using a fixed formula: Pension = (Pensionable Salary × Pensionable Service) ÷ 70

Pensionable Salary is the average basic pay + dearness allowance for the last 60 months of service, with a maximum limit of ₹15,000. Pensionable service represents the total years of service, rounded off if it is 6 months or more, and you need at least 10 years of service to be eligible for a pension.

The maximum limit for pensionable salary is ₹15,000 per month. This means that if a member has served for 35 years, they can receive a maximum pension of ₹7,500 per month.

8th Pay Commission : What kind of issue is this that has heated up regarding pensions? How different is it from the 7th Pay Commission’s proposal?

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EPFO: Withdrawing money from your PF account is very easy. Learn the complete step-by-step process here.

Pravesh Maurya — Mon, 03 Nov 2025 09:36:18 +0000

EPFO: Members of the Employees’ Provident Fund Organization (EPFO) can easily withdraw the entire amount from their PF account. The rules for partial withdrawals have also been simplified. Withdrawals are now allowed after 12 months of service.

EPFO: Employed individuals will now be able to withdraw the full amount from their PF accounts. However, there will be a requirement to maintain a minimum balance of 25%. This means that you will be able to withdraw 75% of your PF account easily. Withdrawing from your EPF will now be easier than ever. It’s also a relief that you won’t need to provide a reason for withdrawing 75% of your funds. In cases of natural disasters, pandemics, job loss (unemployment), and other such special circumstances, you will be able to withdraw funds without providing a reason.

To further modernize its services, the EPFO has approved the “EPFO 3.0” digital transformation framework, which will include features such as cloud-based technology, mobile apps, and automatic claim settlement.

100% Withdrawal Facility
EPFO has eliminated 13 previous, onerous rules and now allows partial withdrawals in only three categories: essential needs (illness, education, marriage), housing needs (house-related expenses), and special circumstances. Members will now be able to withdraw the entire balance in their PF account (including both employee and employer portions). Previously, only three withdrawals were allowed for education and marriage, but now 10 withdrawals can be made for education and five for marriage.

Additionally, the minimum service period, which previously varied for different requirements, has been reduced to 12 months. The most significant change is that employees can now withdraw up to 100% of the balance in their account, including both the employee and employer contributions.

25% minimum balance required
EPFO has also ensured that members always maintain a minimum balance of 25% in their accounts. This will ensure that members continue to benefit from an interest rate of 8.25% and compound interest, which will help them build a substantial retirement corpus.

Withdrawals without explanation
Previously, in special circumstances (such as natural disasters, unemployment, or pandemics), a reason had to be given for withdrawals. Claims were often rejected in these circumstances. Now, this hassle has been eliminated. Members will be able to withdraw money without explanation under special circumstances.

How to withdraw money from EPF online?
These conditions must be met for online EPF withdrawals:

1. The UAN must be active and the registered mobile number must be working.

2. The UAN must have KYC (Aadhaar, PAN, bank details, and IFSC) linked to it.

3. If these conditions are met, employer verification is not required.

Steps to withdraw EPF on the UAN portal

1. Go to the UAN portal. Login with your UAN and password, enter the captcha, and click “Sign In.”

2. Go to Manage > KYC and verify your Aadhaar, PAN, and bank details.

3. Select Online Services > Claim (Form-31, 19, 10C, and 10D).

4. Enter your bank account number and verify.

5. Click “Yes” and sign the certificate of undertaking.

6. Click on “Proceed for Online Claim.”

7. Select the withdrawal type in the “I Want To Apply For” section:

Full EPF settlement

Partial PF withdrawal

Pension withdrawal

8. Fill out the form and click “Submit Certificates.” Upload scanned documents if required.

9. After your claim is verified, the money will be credited to your account.

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EPFO New Rules 2025 : Now it is difficult to withdraw PF on losing job, you will get big benefit on retirement!

Pravesh Maurya — Thu, 16 Oct 2025 04:31:03 +0000

EPFO New Rules: EPFO has changed the rules for PF withdrawals. Now, after leaving a job, you must remain unemployed for 12 months to withdraw your full PF balance. The new rule is beneficial for private sector employees, as it ensures service continuity and provides them with more funds upon retirement.

EPFO New Rules: The Employees’ Provident Fund Organization (EPFO) has made a major change to its rules. While withdrawing your entire PF immediately after losing your job isn’t as easy as before, it offers significant benefits, especially for private sector employees who frequently change jobs or become unemployed due to circumstances.

What’s changed in the new rule?
Now, to withdraw your entire PF after leaving your job, you must remain unemployed for 12 months. Previously, this period was only 2 months. This means that an employee can now withdraw their entire PF only after being unemployed for one year.

Furthermore, the final pension withdrawal limit has been increased from 2 months to 36 months. According to the EPFO, this change is in the best interest of employees. This change will provide long-term financial security to individuals, ensuring their retirement savings are protected.

Who will benefit?
This rule could prove to be a boon for private sector employees. While it may be difficult for those who frequently change jobs or face occasional unemployment to withdraw their PF early, it will benefit them. Their service history will remain continuous, meaning that when they join a new job, their PF account will continue from there. This will directly benefit them by increasing both their PF funds and pension at retirement.

PF breaks impacted pensions.
According to the EPFO, previously, people used to withdraw PF frequently, which led to breaks in their service. This impacted their pensions, and many cases were even rejected. Now, the new rule will ensure that employees maintain continuity in their job and provide better financial security in the future.

Has withdrawing PF become more difficult now?
It’s not. If someone needs money immediately after leaving their job, they can withdraw up to 75% of their PF. And if they remain unemployed for 12 months, they can withdraw the entire amount. EPFO has clarified that the new rules simplify and digitalize the withdrawal process, so that employees can withdraw their money without hassle if needed.

What is the overall benefit?
This change will greatly benefit employees in the long term. Now their funds will be safe until retirement, and they will receive a higher pension amount than before. These new EPFO rules may sound a bit strict, but in reality, they are designed for the long-term well-being of employees.

IRCTC has given a big relief to train passengers, they can change their travel date without any ticket cancellation charges.

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EPFO New Rule : Exemption to withdraw entire amount from EPF account, saving will be easier now, know the new rules

Pravesh Maurya — Tue, 14 Oct 2025 04:06:51 +0000

EPFO Big Update: The Employees’ Provident Fund Organization (EPFO) has made a major decision for its millions of members. Several important changes were approved at a meeting of the Central Board of Trustees (CBT). Members will now be able to withdraw 100% of their eligible balance.

EPFO New Rule: The Employees’ Provident Fund Organization (EPFO) took several important decisions at its 238th Central Board of Trustees (CBT) meeting, which will benefit millions of members. The Employees’ Provident Fund Organization’s board meeting, chaired by Union Labor Minister Dr. Mansukh Mandaviya, made several significant decisions. Employees will now be able to withdraw 100% of their “eligible balance,” i.e., both the employee and employer portions, from their accounts. Furthermore, partial withdrawal rules have been simplified and made transparent, ensuring that members face no difficulties in withdrawing funds when needed.

The meeting, chaired by Labor Minister Mansukh Mandaviya, included several steps taken to simplify rules, expand digital services, and reduce litigation. These changes are a major step towards making life easier for employees. The meeting decided to make major changes to the rules governing partial withdrawals from the EPF scheme. Until now, there were 13 different rules for withdrawals under different circumstances, which have now been consolidated into three simple categories: essential needs (such as illness, education, marriage), housing needs, and special circumstances.

Chaired the 238th meeting of Central Board of Trustees of EPFO.

Under the leadership of PM Shri @NarendraModi ji, we are ensuring ease of living for members and ease of doing business for employers.

Key decision taken 👇

📖 https://t.co/Tg3cJ6EMUo pic.twitter.com/3RS1c4lqrX

— Dr Mansukh Mandaviya (@mansukhmandviya) October 13, 2025

Major Decisions Taken at the EPFO Meeting

Now 100% Withdrawal Facility

The EPFO has eliminated 13 previously stringent rules and now allows partial withdrawals in only three categories: essential needs (illness, education, marriage), housing needs (house-related expenses), and special circumstances. Members will now be able to withdraw the entire balance in their PF account (including both employee and employer portions).

Previously, only three withdrawals were allowed for education and marriage, but now 10 withdrawals can be made for education and five for marriage. Furthermore, the minimum service period has been reduced to 12 months, which previously varied for different needs. The most significant change is that employees can now withdraw up to 100% of the balance in their account, including both the employee and employer portions.

25% Minimum Balance Required
EPFO has also ensured that members always maintain a minimum balance of 25% in their accounts. This will allow members to benefit from an 8.25% interest rate and compound interest, helping them build a substantial retirement corpus.

Withdrawals Without Reason
Previously, in special circumstances (such as natural disasters, unemployment, or pandemics), a reason had to be given for withdrawals. This often resulted in claims being rejected. Now, this hassle has been eliminated. Members will be able to withdraw without reason under special circumstances.

Auto-settlement process simplified
Under the new rules, no documentation will be required. The withdrawal process is set to be fully automated, speeding up claim settlement. The period for premature final settlement has been extended from two months to 12 months, and the pension withdrawal period has been extended from two months to 36 months. This will allow members to withdraw funds for their needs without using their retirement funds.

Digital Transformation and New Features for Pensioners
The EPFO has developed a new framework under “EPFO 3.0” to further enhance digital services. This integrates core banking solutions with a cloud-based, API-first, and microservices-based system. This will enable faster claim processing, instant withdrawals, multilingual self-service, and easier payroll contribution integration.

EPF Rules 2025 : Are you unemployed and worried about your PF balance? Find out if you’ll still receive interest even if you’re unemployed.

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EPF Rules 2025 : Are you unemployed and worried about your PF balance? Find out if you’ll still receive interest even if you’re unemployed.

Pravesh Maurya — Mon, 13 Oct 2025 11:03:40 +0000

The government-backed EPF scheme offers stable interest rates and tax benefits. This scheme helps build a secure retirement fund. If the PF is not withdrawn upon leaving the job, interest continues to accrue until the age of 58.

In India, a portion of your salary is automatically deposited into your Employees’ Provident Fund (EPF) account every month. The government offers an attractive interest rate of 8.25 percent, making EPF a safe and profitable long-term investment. Over time, it helps build a strong retirement fund.

But many people have a question, “If I quit my job at 40 or 45 and don’t withdraw my PF, will I continue to earn interest? Does the interest accrual stop after I become unemployed?” Let’s explain it simply.

According to EPFO rules, if you quit your job before the age of 58 and don’t withdraw your PF, your account doesn’t become inactive. Your savings continue to earn interest until you reach 58. For example, if you quit your job at 40 and let your PF remain unused, it will continue to earn interest for the next 18 years.

If you retire at age 58 and don’t withdraw your PF immediately, your funds will continue to earn interest for the next three years, until you reach age 61. After that, the account will become inactive and interest will stop accruing. But don’t worry, your deposited money will be completely safe.

Many people withdraw their PF immediately after leaving their job because they think the account will automatically close. But doing so deprives you of interest for many years to come. Even if you’re tempted to invest in a fixed deposit or other scheme, it’s often better to let your PF money sit there.

This scheme is fully government-backed, offers stable interest rates, and offers tax benefits. This is why EPF is one of the most reliable and secure options for retirement planning.

How to Withdraw EPF Balance?

Here’s a step-by-step guide:
Visit the EPFO website and log in with your UAN (Universal Account Number).
Update your KYC details (such as Aadhaar, PAN, and bank account).
Go to “Online Services.”
Select the “Claim (Form-31, 19, 10C)” option.
Verify your bank account.
Select the withdrawal reason (such as retirement, medical need, home purchase, etc.).
Verify with an OTP and submit the claim.
Your money will be credited to your bank account within 7–8 days.

Central Govt Employee! Important news for central employees, new rules coming into effect from tomorrow

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EPFO Retirement Rules: How long will you receive interest on your PF after retirement? Learn these EPFO rules.

Pravesh Maurya — Wed, 24 Sep 2025 06:27:41 +0000

EPFO Retirement Rules: If you are retiring at the age of 58 and are an EPFO holder, this news may prove very useful for you. According to EPFO (Employees Provident Fund Organization) rules, your account is made inoperative after a certain number of years of retirement.

Does an account become inoperative and your money is lost?

If you don’t withdraw money from your PF account within three years of retirement, the EPFO deactivates the account. Deactivation of the account doesn’t mean your money will be lost, but rather that interest on that money will stop.

How long after retirement does interest accrue?

The EPFO recently announced on its X Account that if someone retires at the age of 58, their EPFO account will continue to earn interest for the next three years, until the age of 61. After 61, interest on the EPFO account will stop and the account will be deactivated.

Withdrawing money from the EPFO is now easier than ever, especially if your account is linked to a UAN (Universal Account Number) and your KYC is complete. Today, we’ll explain both online and offline methods.

What is the offline method?

First, you need to visit the nearest EPFO office.
Then fill out Form 19, Form 10C, or Form 31 (depending on your claim).
Follow this process by attaching a copy of your identity card and bank passbook.
If necessary, have the company sign and stamp it.Then submit the form.
The money will usually be credited to your bank account within 7–10 working days.

Learn the online method as well.

First, visit the EPFO website and login to your UAN.
Update your KYC.
After logging in, go to Online Services.
Click on Claim (Form-31, 19, 10C).
Verify your bank account.
Select your EPF withdrawal reason (e.g., retirement, medical, home purchase, etc.).
Verify with an OTP.
Enter the OTP and submit your claim.
The money will be credited to your bank account within 7-8 days.

UPI Payment New Rule: NPCI Orders Banks and Payment Apps to Halt P2P ‘Collect Request’ Services by October 1

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“EPFO New Gift! Passbook Lite launched to check PF balance

Pravesh Maurya — Fri, 19 Sep 2025 08:45:45 +0000

What is EPFO Passbook Lite: If your PF amount is deducted but you don’t receive a message, your problem is about to end. The Employees’ Provident Fund Organization (EPFO) has launched a new feature for millions of EPFO holders across the country. Using this feature, users will be able to access all the information in their EPFO passbook in one click.

EPFO Launches New Feature
Recognizing the problems of its millions of users, EPFO has launched a feature called Passbook Lite. This feature allows you to check your EPF balance in one click. Checking your PF balance will become much easier after using this feature.

What is ‘Passbook Lite’?

Passbook Lite’ is an interface available on the EPFO website. With the introduction of this feature, users can directly check their PF balance without any complicated login process. Previously, PF holders had to enter their UAN, password, and captcha, but now this process has been simplified considerably. Users simply need to enter their UAN number and OTP. After this, they can directly view their passbook.

How to use Passbook Lite?

First, visit the EPFO’s official website, www.epfindia.gov.in.
Then click on the ‘Passbook Lite’ section.
Enter your UAN number.
An OTP will be sent to your mobile.
Enter that OTP and submit it.
Your PF passbook will appear on the screen.

Why did this feature become necessary?
Viewing your passbook on the EPFO website used to be a seemingly impossible task. Therefore, understanding the problems faced by millions of users, the EPFO launched Passbook Lite. According to the EPFO, many people were unable to view their PF information due to lack of technical knowledge or network issues. This feature was specifically introduced to help those people.

Employees Salary: Govt has announced that it will disburse the salaries of all govt employees for the month of September early

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EPFO launches Passbook Lite, making it easier to check PF balance; learn how to use it

Pravesh Maurya — Fri, 19 Sep 2025 08:28:53 +0000

EPFO : PF money is deducted from your salary every month, but you don’t receive a message or are unable to check your PF balance. This problem is about to end. EPFO has launched the Passbook Lite feature.

Now, members will be able to view their PF account information directly from the portal, without a separate login. Until now, to check PF balance or transactions, one had to log in separately to the Passbook portal. But with the new Passbook Lite feature, this problem has also been solved.

What is Passbook Lite?

Now, employees can view details of their contributions, withdrawals, and total balance directly on the member portal. Labor and Employment Minister Mansukh Mandaviya announced this service during a program. He said this improvement will not only enhance the convenience of PF members but also reduce the load on the existing passbook portal.

How to use Passbook Lite?

The EPFO has made the process of checking your PF balance extremely easy. Simply visit the EPFO’s official website, www.epfindia.gov.in, and select the Passbook Lite option. Enter your UAN number and you will receive an OTP on your mobile phone. Once you enter and submit the OTP, your PF passbook will appear on your screen.

Why was this feature necessary?

Previously, viewing your PF passbook was a difficult task for many people. Sometimes technical issues or network problems arose. To address this problem, the EPFO has launched this lightweight feature, allowing millions of users to easily access their PF details.

Now you will get transfer certificate online

When an employee changes jobs, their PF account is transferred online to the new company’s PF office. The old PF office then generates an Annexure K transfer certificate and sends it to the new PF office. Previously, this certificate was shared between PF offices, and members received it only upon separate requests. With the change, members will now be able to download the Annexure K directly from the member portal in PDF format. This feature will make PF transfers completely transparent. PF members will now be able to check the status of their transfer application online, ensuring their balance and service period have been correctly updated in their new account.

What benefits will the employees get?

Claim processing times will be reduced, and funds will be disbursed more quickly. Accountability at the field office level will increase. The approval process will be simplified, and service delivery will be expedited. These reforms will benefit approximately 80 million EPFO members. Services such as passbooks, transfer certificates, and claim status will now be available through a single login.

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EPFO 3.0: PF withdrawal method will change before Diwali, money can be withdrawn through UPI and ATM.

Pravesh Maurya — Wed, 17 Sep 2025 10:28:40 +0000

EPFO 3.0: Employees may receive some good news before Diwali. Until now, withdrawing PF required a lengthy process and documentation, but with the introduction of EPFO 3.0, this task can be completed in minutes using UPI and ATMs.

No online forms will be required. Simply visit an ATM and withdraw your EPF deposits. A new digital platform, called EPFO 3.0, is about to launch, which will completely transform the experience of over 80 million PF subscribers.

This upgrade was originally scheduled to launch in June 2025, but was delayed due to technical issues and testing. It is now expected to launch soon. According to reports, this will be discussed at a meeting chaired by Union Labor and Employment Minister Mansukh Mandaviya on October 10-11.

How to withdraw PF now?

Currently, EPFO members complete claim forms (Forms 31, 19, 10C, and 10D) online or offline to withdraw funds and submit documents along with bank details. Documentation is mandatory for home purchases or medical needs. The offline process requires visiting an EPFO office and submitting the form, which is time-consuming.

How will EPFO 3.0 change the system?

Under the new system, PF accounts will be linked to UPI and ATM networks. This means that members will be able to withdraw a set amount from their PF directly through their UPI apps or bank ATMs. This can be done using Aadhaar-based authentication or a secure PIN. Furthermore, certain limits will be established for fund safety and regulations.

Not just withdrawal, there will be other changes too

EPFO 3.0 will not only be limited to ATM or UPI withdrawals. It will also feature a user-friendly digital interface where employees can easily track their PF balance, contributions, and claim status. It will also make it easier to file PF claims or correct personal details online without having to visit an EPFO office.

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EPFO Rules: Essential Steps to Take After Your First Job

Pravesh Maurya — Fri, 22 Aug 2025 11:05:12 +0000

EPFO Rules For First Job: After getting a new job, you have to do some important things. Which are very useful in your future. It is very important to do this work related to EPFO.

The first job is special for everyone. When you start your first job, there are many things in your mind. How will the office be, how will the boss be. But there are some things which are important for your benefit in the future.

The first job also includes an important task related to EPFO. Ignoring which can be harmful. When the PF account is opened in the first job, you are also issued a UAN i.e. Universal Account Number.

This number is used to manage the PF account. Only after getting UAN, you can view and manage your PF balance, contributions and claims online. That is, all your work is done through UAN only.

Through UAN, your PF account remains continuously linked to every job. If you change jobs in the future, your PF account is automatically transferred to the new job. This keeps the money deposited and safe and you do not need to manage different accounts.

When you first start working, it is important to activate your UAN. Companies now get their employees’ UAN made as quickly as possible and give them the details. After that, it is your job to activate the UAN.

To activate UAN, you have to go to https://unifiedportal-mem.epfindia.gov.in/memberinterface /. Here you have to do OTP verification from the mobile number registered in your Aadhaar. After this, you have to set the password.

When your UAN is activated, you can view your account information from the online portal or mobile app. This includes balance, record of previous jobs and withdrawal status. Without activating UAN, you cannot do any work related to PF account.

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Big relief to central employees: EPFO doubles the death relief fund, families will get help of Rs 15 lakh

Pravesh Maurya — Thu, 21 Aug 2025 10:00:17 +0000

EPFO Rule change 2025: Most of the employees working in India have a PF account, which is managed by EPFO i.e. Employees Provident Fund Organisation. Now EPFO has taken an important decision for its employees and their families, which will provide great help to the family members in difficult times.

Now death relief fund will be Rs 15 lakh

Earlier, only Rs 8.8 lakh was available under the Death Relief Fund (EPFO Death Relief Fund), now it has been increased to Rs 15 lakh. This new rule has come into effect from April 1, 2025. That is, if a member dies after this date, the family will get Rs 15 lakh directly. This amount will be given to the nominated member or legal heir of the employee from the Staff Welfare Fund.

5% increase every year

Not only this, EPFO has also clarified that this amount will increase by 5 percent every year from April 1, 2026. This means that families will be able to get more financial support in the coming years.

Making death claims is now easy

EPFO has also simplified the process related to claims. If money is to be transferred to the account of minor children, then there will be no need for a Guardianship Certificate. This means that the family will not have to face the same difficulties in claim settlement (EPFO Simplifies Claim Settlement Process).

Linking Aadhaar with UAN will be hassle free

Many employees are still unable to link their Aadhaar with UAN or Aadhaar needs correction. For such cases, EPFO has simplified the process of joint declaration so that members can update or link Aadhaar details without any hassle.

Why is this decision important for employees?

This move of EPFO is a big relief for those families who face financial difficulties after losing their member. Now not only has the compensation amount increased but it will also increase every year. Along with this, processes like claim and Aadhar link have also become easier, so that employees and their families can get timely help.

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Maximize Your PPF Interest: The Secret of Depositing Before the 5th

Pravesh Maurya — Wed, 20 Aug 2025 12:02:46 +0000

PPF Interest: Public Provident Fund (PPF) has always been considered a safe and tax-free investment option. It is a small savings scheme of the Government of India. It gives returns with government guarantee.

If you follow certain planning and rules, then you can increase your earnings in PPF to a great extent. Therefore, it is very important to understand the calculation of interest received on PPF.

The 5th date is very important for investors investing in PPF . If you remember this date, you can earn a lot of interest. Let us tell you that the biggest strength of PPF is compounding. That is, the sooner you start investing, the more time your money will get to grow. By the way, a small investment started at the age of 20-25 can create a much larger corpus than a large investment started at the age of 40-50.

Invest before 5th of the month

It is believed that it is necessary to invest in PPF on a correct date. It is believed that the interest in PPF is calculated on the minimum balance from the 5th of every month till the end of the month. If you deposit money for investment on or before the 5th of the month, then you can get interest on the entire amount of that month. Whereas if the investment is made after the 5th, then you can get the benefit of interest only on the lowest balance between 5th to 30th.

Tax benefits in PPF

PPF falls under the Triple-E (Exempt-Exempt-Exempt) category. This means that it provides tax exemption at three levels. First – you will get tax exemption under section 80C on investment up to ₹ 1.5 lakh every year. Second – the interest received on the investment will be completely tax-free and third – no tax is to be paid on the entire amount received on maturity of 15 years. This is the reason why PPF is considered more beneficial than options like FD.

Avoid premature withdrawals

PPF is a long term and safe investment scheme with a maturity timing of 15 years. However, in urgent situations, you can make partial withdrawals after 5 years, but doing so may affect the compound interest you get on your investment.

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Aadhaar-UAN Linking Simplified: Complete 7-Step Process Explained

Pravesh Maurya — Sun, 17 Aug 2025 09:05:18 +0000

Aadhaar-UAN Link: The Employees’ Provident Fund Organization (EPFO) has further simplified the process of linking Aadhaar with Universal Account Number (UAN) and correcting personal details. The aim of the new rules is to ensure fast and easy access to PF services, reduction in documentation hassles and timely payment. Especially in cases related to minor beneficiaries, settlement can now be done without unnecessary hassles.

Aadhaar-UAN linking is now easy

If the name, gender and date of birth information in Aadhaar and UAN matches, the member can directly contact his employer. Employers will be able to complete Aadhaar linking through the KYC function on the portal. There will no longer be a need to seek separate approval from the EPFO in this process, which will eliminate the earlier delays.

There is no problem even in mismatch details

The Joint Declaration (JD) process has been simplified where Aadhaar and UAN details do not match or wrong Aadhaar has been linked. Employers will now be able to correct errors such as name, gender or date of birth through an online JD request.

If the employer is not available or the company is closed, the member can submit the verified form at the PRO counter. However, changes in the already verified Aadhaar details will not be allowed.

Minors will get benefits without any hassle

EPFO has also simplified the claim process for minor children of the deceased member. Now guardianship certificate will not be required and the payment will be deposited directly into the bank account of the children. For this, PRO officers have been instructed to assist in opening accounts of minors.

How to link Aadhaar-UAN online?

Users can easily link Aadhaar to UAN using the UMANG mobile app. For this, follow these steps.

Step 1. Open UMANG app and log in with MPIN or OTP.
Step 2. Go to the “Services” tab and select “EPFO”.
Step 3. Select “e-KYC services” option in “EPFO”.
Step 4. Click on “Aadhaar Seeding”.
Step 5. Enter UAN and enter the OTP received on the registered mobile number.
Step 6. Enter Aadhaar details and verify with OTP received on Aadhaar-linked mobile number and email.
Step 7. After successful verification, Aadhaar will be linked to UAN.

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Frequent PF Withdrawals Can Be Costly: Key Rules You Must Know Before Withdrawing

Pravesh Maurya — Sat, 16 Aug 2025 13:02:43 +0000

Savings are useful in difficult times. Whether the savings are in your savings account or PF account, you can use it in difficult times in the coming times. There is no problem in withdrawing money from the savings account several times, but if you withdraw money from the PF account repeatedly, then you are causing a great loss to yourself.

If money is being deposited in the PF account from your salary, then it should be withdrawn only at the time of need. In this news, we tell you what are the disadvantages of withdrawing money from PF repeatedly.

What actually happens is that as soon as we see money in our PF account, we withdraw it and spend it even if we don’t need it. We forget that we get the benefit of compound interest on the amount deposited in PF. This benefit ends as soon as we withdraw the money.

How to withdraw money from PF?

Money can be withdrawn from PF in two ways. First as half amount and second as full amount. Half amount can be withdrawn while in job, while full amount can be withdrawn after retirement or after leaving the job.

Rules for withdrawing half amount

As we told you, you can withdraw half of the money from PF while you are still in job. However, the government has put some conditions for this, such as money can be withdrawn only for marriage or children’s education, buying, building or repairing a house, medical problems, paying electricity bill. One thing to note is that money can be withdrawn only up to different limits for each reason.

Rules for withdrawing full amount

You can withdraw the full amount after the age of 58 or after retirement. There are no rules or conditions for this. On the other hand, if you have left your job and are unemployed for 2 months, then you can withdraw the entire PF amount. However, if it has been only 1 month since you left your job, then you will be able to withdraw only 75% of the total deposited amount.

What are the disadvantages of withdrawing money frequently?

As we told you, the return on the amount deposited in PF is received in the form of compound interest. If the money is withdrawn repeatedly, you will not be able to take advantage of the magic of compounding.
You can withdraw the amount for marriage or children’s education only three times, so if you are withdrawing money repeatedly with this option, it may cause a problem later.
There is a tax on withdrawing PF money before 5 years. However, after 5 years it becomes tax free.
Withdrawing the amount several times in a year defeats the purpose of PF. Due to lack of savings, the PF account becomes empty at the time of medical emergency or need.

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PF Claims for Minors Made Easier: No Guardianship Certificate Needed, Direct Bank Transfer

Pravesh Maurya — Fri, 15 Aug 2025 10:02:04 +0000

EPFO Rule Change 2025: The Employees’ Provident Fund Organization has given a big relief to its lakhs of members and their families. EPFO has abolished the requirement of guardianship certificate for PF claim for minor children.

In such a situation, now after the death of an EPF member, the fund money will be deposited directly into the bank account of their children. For this, there will be no need to get entangled in a long legal process.

Earlier this rule was

Under the earlier rule, if the minor children of the deceased PF member were to receive money, the family had to get a guardianship certificate from the court or government authority. This certificate proved who was responsible for the care of the child and his property or money. Sometimes it took weeks to months to get it made, which delayed the amount received by the family.

Now the fund will be transferred directly to the children’s account

The Employees Provident Fund Organization (EPFO) issued a circular on Wednesday stating that many regional offices used to ask for this certificate even in cases where it was not legally required. Due to this, the family members of the deceased member had to face problems and there was delay in claim settlement. In view of this, a new rule has been brought. Under this rule, the money of the fund will be transferred directly to the personal bank account of minor children, which will eliminate the need for guardianship certificate.

It is necessary to have a bank account in the name of children

EPFO has advised all people to open a personal bank account for minor children in time. This will not only transfer the PF claim amount directly to their account, but family pension and other benefits will also be deposited directly into the account. To open a bank account, the parents or guardians will have to provide the child’s identity card and necessary documents. The guardians will operate the account until the child becomes an adult.

Many benefits are available after the death of a PF member

Let us tell you that after the death of an EPFO member, his family gets many types of financial assistance. This includes family pension, EDLI insurance. Under family pension, the family of the deceased member is given pension every month. This remains applicable during service or even after retirement. On the other hand, under the EDLI insurance scheme, if an employee dies during service, the nominee gets a lump sum insurance amount.

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EPFO Rule Changes 2025: Key Updates Every Employee Must Know

Pravesh Maurya — Wed, 13 Aug 2025 10:03:23 +0000

EPFO New Rule: The Employees’ Provident Fund Organisation (EPFO) has made Aadhaar-based face authentication mandatory for generating new Universal Account Numbers (UANs) from August 1. In a circular issued on July 30, the EPFO has directed its regional officers to generate new UANs only through Aadhaar-based Face Authentication Technology (FAT).

What is the detail

This move by EPFO is aimed at making UAN more authentic and error-free. Universal Account Number (UNM) is an important 12-digit unique identification code given to every employee nominated under the EPF scheme. Without it, EPF contributors may face problems like accessing their PF balance and submitting claims for advance withdrawal.

What are the rules

As per the new rules, new employees will have to complete the process of generating UAN through Aadhaar-based face authentication only. The existing employer-based UAN process will continue as normal except for exceptional cases like international employees and citizens of Nepal and Bhutan. This means that generating UAN through employers will still be allowed in some cases, but the use of Aadhaar-based FAT is now mandatory for most employees. New employees should also note that this process has to be completed through the Umang app.

Who will be affected

The new facial recognition mandate could create problems for staffing firms that provide manpower solutions to multinational companies. In a recent submission to the EPFO, the Indian Staffing Federation (ISF) has highlighted that the revised policy could create problems for employees, as many of them do not have their mobile numbers linked to their Aadhaar.

The Indian Staffing Federation (ISF), which represents over 135 contractual staffing firms employing over 18 lakh workers, has highlighted the challenges posed by these new rules. The federation also said that problems could arise due to users’ unfamiliarity with the new system and possible discrepancies in phone models and camera settings during authentication.

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EPFO Update: Aadhaar-Mobile Link Mandatory for PF Withdrawal – Know the Steps

Pravesh Maurya — Thu, 07 Aug 2025 11:02:51 +0000

How To Link Your Mobile Number With Aadhaar Card: If you are also a PF account holder and your mobile number is not linked to your Aadhaar card, then you will not be able to withdraw PF money.

A large section of the population depends on jobs to earn their livelihood. People study, do courses and look for a good job. From where they can get a good salary so that they can save for their future apart from their current needs. During the job, the company provides many facilities, but one facility is also provided by the government and that is the PF account. PF accounts are opened under the rules of working people in which a fixed amount is deducted from the employee’s salary every month and deposited.

Then the company also deposits the same amount in the employee’s salary every month. After this, the government also pays annual interest on the total amount deposited annually. At the same time, you can withdraw money from your PF account even after leaving the job or in between jobs, but do you know that if your mobile number is not linked to your Aadhar card, then you cannot withdraw money from your PF account.

Why can’t I withdraw the money?

Actually, at present, if you want to withdraw PF money from your PF account, then you have to apply online through the PF portal. In such a situation, OTP is sent to the mobile number linked to your Aadhaar and that OTP has to be entered here, but if no mobile number is linked to your Aadhaar or the linked number has been closed etc. In such a situation, you will not be able to withdraw PF.

What should be done then?

step 1

If no mobile number is linked to your Aadhaar card or it is closed, then you can link another number to Aadhaar, so that you do not face any problem in withdrawing PF
For this, first of all take an appointment at your nearest Aadhaar service center and go to the center on the day you are called
By going here, you have to first fill the correction form

Step 2

In this form, you have to fill in the required information like your name, Aadhaar card etc.
Keep in mind that in the form, you also have to fill your mobile number which you want to link with the Aadhaar card.
After this, wait for your turn and when your number comes, go to the concerned officer

Step 3

The officer takes your biometrics and verifies you by clicking a photo
After the investigation is found to be correct, your mobile number is verified and then it is updated
After this, a fee of Rs 50 is charged from you and then within a few days the mobile number is linked to your Aadhaar after which you can withdraw PF

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UAN Rule Updated! EPFO Makes It Mandatory with Your First Employment

Pravesh Maurya — Thu, 07 Aug 2025 05:28:09 +0000

EPFO Rule Change: EPFO has now simplified the process of creating and activating Universal Account Number and has made Aadhaar based face authentication mandatory to generate it, which will be done through Umang App.

The Employees Provident Fund Organization (EPFO) has made it mandatory for its members to activate the Universal Account Number (UAN) through the Umang mobile app. This is going to start from August 7. The EPFO has clearly stated that now UAN can be activated only through the Umang app through Aadhaar Face Authentication and services may be discontinued for members who do not do so.

It is possible to create UAN through Umang app.

EPFO has made a big change in its rules (EPFO Rule Change). On July 30, a circular was issued and an update was given regarding this. According to this, now it is mandatory for the members to generate their UAN through Aadhaar based face authentication. However, in some special cases (such as for international employees) the old method of generating Universal Account Number by the employer will also be valid. At the same time, all other new UANs will be generated only through Aadhaar Face Authentication technology. For this, the entire process will be done through UMANG app and there will be no need to contact the employer.

The biggest advantage of the new rule of EPFO is that employees will now be able to generate and activate UAN themselves. For this, they just have to download UMANG App and Aadhaar Face RD App from their mobile’s Play Store. After its activation, users can also download the digital copy of E_UAN card from here and share it with the employer to connect directly with EPFO.

To generate UAN using the new technology, the user must have a valid Aadhaar card number and a mobile number registered with it. Apart from this, Aadhaar Face RD App is also available for facial scanning.
Once these are ready, the process can be completed in a few minutes using your phone.

You can create your UAN in minutes like this

First of all open Umang App in your mobile phone and go to EPFO.
Now select UAN allotment and activation.
Enter Aadhaar number and registered mobile number here and click on the box for Aadhaar verification.
Click on ‘Send OTP’ and complete the verification through the OTP received on your mobile.
Now you have to complete face authentication, for this install Aadhaar Face ID App.
If the system does not find the existing UAN, then a new UAN will be created.
After verification, your UAN and a temporary password will be sent via SMS.
This is for both first time UAN card users and existing users who are not activated.

Why was this change made?

Now let us tell you why EPFO has made this new change? So the new method uses Face Authentication Technology (FAT), which makes the process of UAN activation simpler and more secure than before, because in this the complete information of the user comes directly from the Aadhaar database and the need to enter personal details manually is eliminated.

Till now, many employees have been directly dependent on the employer for their UAN setup and its activation. Due to this, problems like delay, incorrect information and lack of access of members to EPFO benefits were seen, the scope of this will end with the new method. However, the old process has been continued for international employees, citizens of Nepal or Bhutan.

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EPFO Claim Process: Withdraw Your PF Easily and Get Money in Just 72 Hours – Step-by-Step Guide

Pravesh Maurya — Sat, 02 Aug 2025 11:21:39 +0000

EPFO Withdrawal Process In Hindi: Apart from fulfilling our needs today, we also need money for our tomorrow. That is why a large section of people do jobs. People work for a month and get salary and as per the rules, PF account is also opened for the people who do jobs.

Actually, PF account is opened for those who do jobs in which a fixed amount is deducted from the salary of the employee every month and deposited in your PF account and the company also deposits the same amount in the PF account of the employee.

The company also gives interest to the PF account holder on this money. At the same time, if you need money in between the job, then you can withdraw money from your PF account and you can get this money within 72 hours i.e. 3 days. So let’s know how you have to apply for PF. In the next slides you can know the way to withdraw money from PF account…

This is how you can apply for PF:-

Step 1

If you also have a PF account and you suddenly need money, then you can withdraw money from this account
For this, first of all you have to visit the official link of the scheme https://unifiedportal-mem.epfindia.gov.in/memberinterface/
After this, you have to login here.
To login, first enter your UAN number here

Step 2

After this, you have to enter the password here.
After this an OTP comes on your registered mobile number
In such a case, enter the OTP that you have received here, after which you will be logged in.
Then if you look, you will see many sections here
From this, you have to click on the ‘Online Services’ section

Step 3

Then you have to click on the ‘Claim’ option in this section
After that, you have to enter your bank account number.
Then get this bank account number verified
After this, you have to click on the option of ‘Advance Claim’
Then you have to choose the reason for withdrawing PF

Step 4

Here you have to select the reason for withdrawing PF as ‘Illness’.
After this, you have to fill in your home address here.
Now click on the check box given below and then click on OTP
Then an OTP will be sent to your registered mobile number, fill it here and submit it
Now your application gets submitted and if everything is found correct then PF money is disbursed within 72 hours

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EPFO High Pension Scheme: Over 11 Lakh Applications Rejected Out of 15.24 Lakh Received

Pravesh Maurya — Fri, 01 Aug 2025 11:28:27 +0000

Out of the 15.24 lakh applications received so far under EPFO’s High Pension Scheme, more than 11 lakh have been rejected. In this process, which started after the Supreme Court’s decision, only those employees are eligible who joined EPF before 1 September 2014 and chose to contribute to EPS on the basis of full salary. The government has not given the reason for the rejection.

The central government has told the Parliament that a large number of the lakhs of applications submitted under the EPFO’s High Pension Scheme have been rejected. People had high hopes on this much-discussed scheme of the Employees’ Provident Fund Organization (EPFO), but the latest figures seem to dash them.

Union Minister of State for Labor Shobha Karandlaje told the Rajya Sabha that EPFO has received 15.24 lakh applications so far. Out of these, the processing of 98.5% applications has been completed. But the most surprising thing is that more than 11 lakh applications have been rejected. Only 4 lakh forms have been passed, while about 21,995 applications are still in process.

At present, the government has not explained why such a large number of forms were rejected. Nor has it been clarified when the process of the remaining applications will be completed. According to the report, the maximum number of applications, i.e. 63,026, were rejected in Chennai and Puducherry region.

The race of hopes had started after the decision of the Supreme Court

The discussion on EPFO’s high pension scheme intensified when the Supreme Court gave an important decision on 4 November 2022. The court had said that those employees who had joined the EPF scheme before 1 September 2014 and continued in the job or retired later, can choose to get pension on the basis of their full salary.

This decision was considered a relief for lakhs of employees, who were dissatisfied with the limit of EPS pension for years. Earlier the maximum pension was limited to a salary of Rs 15,000, but after this order, there was hope that now pension can be received on the basis of full salary.

EPFO started online process

After the SC decision, EPFO launched an online portal on 26 February 2023, where employees and pensioners could apply for high pension. Initially the last date for application was 3 May, which was extended to 26 June 2023. After this, companies were also given many opportunities to upload the salary details of their employees.

However, the rejection of so many applications makes it clear that either the process was not explained properly or there was a huge flaw in the verification of documents and data. This can also lead to huge dissatisfaction among pensioners and employees.

Who can avail the benefit of high pension?

Only those employees who fulfil certain conditions will get the benefit of EPFO’s Higher Pension Scheme. The first condition is that the employee should have joined the EPF scheme before 1 September 2014. Secondly, the person will be considered eligible in both situations whether he is currently in service or has retired. The third important condition is that the employee has already chosen the option of contributing to EPS on the basis of his entire salary, or wants to choose that option now.

That is, only those who have contributed to EPS not only according to the fixed limit (₹ 15,000) but also according to their entire salary or have expressed their wish to contribute, are eligible for this scheme. Under this scheme, the pension is calculated on the basis of the total service period of the employee and the amount of contribution. According to the rules, the eligible employee can get a much higher amount than the normal EPS pension.

What is EPS-95 scheme?

EPS-95 i.e. Employees Pension Scheme, 1995 is the EPFO scheme under which employees of the organized sector get pension after retirement. However, a limit was fixed for this, even if the salary of an employee is more than Rs 15,000, the pension was decided on the basis of this limit. There was a dispute about this for years and the employees were demanding that they should get pension based on their actual salary. The Supreme Court gave guidance in this direction and EPFO started the application process after that.

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No PF Balance? You’re Still Eligible for ₹50,000 Under EDLI – EPFO Confirms

Pravesh Maurya — Mon, 28 Jul 2025 10:58:20 +0000

The purpose of the Employee Deposit Linked Insurance Scheme (EDLI) run under EPFO is to provide security to the employees of the organized sector.

If an employee dies during his job, then under this scheme, his family gets a lump sum insurance amount, which can range from ₹ 2.5 lakh to ₹ 7 lakh. The special thing is that the employee does not have to pay any money from himself for this insurance.

Now you will get ₹50,000 in any case

EPFO has made a very important change in the rules of EDLI. Earlier the rule was that on the death of the employee, the family should have at least ₹ 50,000 deposited in his PF account to get insurance benefits. Now this condition has been abolished. This means that even if an employee has less than ₹ 50,000 in his PF account, or even if the account is empty, his dependents will definitely get insurance benefits of at least ₹ 50,000. This change is a big relief especially for the families of low-paid and new employees.

Death claim period extended

In the new rules, the time limit for submitting a claim after death has also been increased. Now if an employee dies within six months of receiving his last salary, his family will still be able to get the insurance benefit of EDLI. Earlier this time limit was much less than this, due to which many families faced problems.

Benefits are secure even if you change jobs

Another important change has been made in the rule of continuous service. Now if an employee has to complete one year of continuous service, and there is a gap of 60 days i.e. two months between his two jobs, then also his service will be considered continuous. That is, if someone has done many jobs and there is a gap of less than two months between each, then the period of all his jobs will be considered together. This will enable his family to get full insurance benefits.

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Now PF facilities will also be available on DigiLocker, Checking passbook details and balance has become easy

Pravesh Maurya — Fri, 25 Jul 2025 10:47:54 +0000

Now the essential services related to PF have become easier for EPFO members. Now you can view and download documents like PF passbook, balance, UAN card and pension payment order from your smartphone anytime, anywhere through DigiLocker. In the last few months, the government has made many digital changes regarding EPFO (Employees’ Provident Fund Organisation).

Now adding EPFO related services to DigiLocker is another big step in this direction. EPFO recently shared this information on the social media platform X.

Now these EPFO facilities will be available in DigiLocker

EPFO members can now easily view and download their UAN card, PPO and scheme certificates. Earlier PF passbook had to be downloaded from UMANG app, but now direct access facility is available on DigiLocker. This facility is currently available only for Android users. iPhone users are currently getting notification to view passbook in DigiLocker through UMANG app.

UAN activation now through face authentication

EPFO gave another update on July 18 and said that now UAN can be activated through face authentication from UMANG app. It is very important to activate UAN, because without it you can neither check your PF balance, nor withdraw money, nor update bank or Aadhaar details.

Along with this, UAN activation is also necessary to avail the benefits of Modi government’s ELI (Employment Linked Incentive) scheme. This scheme, launched with a budget of about Rs 2 lakh crore, has been brought with the aim of providing skill development and jobs to 4 crore youth of the country.

These 5 digital initiatives of EPFO are very useful for you:

PF passbook and balance are now available on DigiLocker, i.e. access all documents in one click.
UAN activation, i.e. KYC and access to services has now become easier through face authentication with the UMANG app.
PF claim processing and withdrawal is online, i.e. no need to go to the office to withdraw money.
Facility of e-nomination, means now adding a nominee for the family can also be done sitting at home.
OTP based login and tracking system, means every update will now be in your smartphone.

If you are an EPFO member, take immediate advantage of these digital updates and make every PF related work faster, easier and safer than before. These digital efforts of EPFO are not only making the work of the members easier, but are also making the entire process more transparent, speedy and secure

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EPFO Likely to Modify PF Withdrawal Rules: How It Will Affect You

Pravesh Maurya — Sun, 20 Jul 2025 05:06:48 +0000

The Employees’ Provident Fund Organisation (EPFO) may make a big change in the rules for withdrawing money from accounts. A report claims that the retirement fund body has presented a proposal, which says that EPFO members should be allowed to withdraw their entire amount or part of it once every 10 years.

If this proposal is passed, it will provide relief to more than 7 crore active EPFO members working in the organized private sector. Moneycontrol’s report says that the central government is considering easing the rules for withdrawal of money by members after completing 10 years of service.

This is being considered keeping in mind those people who want to retire early. In such a situation, instead of waiting till 58 years, they can claim the entire PF amount as soon as they retire.

Why is this change necessary?

Till now, the entire amount could be withdrawn from EPF only when an employee retires at the age of 58 years or remains unemployed even two months after leaving the job. But there are many people who want to change their career at the age of 35 to 40 years or are unable to do a regular job due to some reason. In such a situation, this change will be very helpful for them.

EPFO made these changes

There will be a facility to withdraw up to Rs 1 lakh instantly from EPF account through UPI or ATM. This will make it easier to withdraw money in an emergency.
Earlier, claims up to Rs 1 lakh were settled automatically, but now this limit has been increased to Rs 5 lakh. Verification will not be required for this.
To simplify the process, EPFO has reduced the number of documents required for claim verification from 27 to 18. Due to this, this process is now completed in 3-4 days.
Now 90% amount can be withdrawn from PF account, if 3 years of service is completed and that money is to be used for down payment or EMI of house.

It is worth noting that the government keeps making changes from time to time regarding withdrawal from EPF account, so that the private sector employees get a simpler process. These changes have also been made so that employees can use their money without any hassle in times of emergency. Let us tell you that 12 percent contribution in the PF account is given by the employee and 12 percent contribution is given by the employer.

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Good news for PF members! EPFO services are now available on DigiLocker, all details will be available in a jiffy

Pravesh Maurya — Sun, 20 Jul 2025 04:54:44 +0000

EPFO DigiLocker update: The Employees Provident Fund Organization (EPFO) has now made its services available on the DigiLocker app. Employees using Android smartphones can now check PF balance and passbook from anywhere. Apart from this, documents like UAN card, pension payment order (PPO) and scheme certificate can also be accessed digitally.

Earlier the facility was available only on UMANG app

Till now, the facility to view PF passbook was available only on UMANG app. But EPFO informed on 17 July 2025 on X (earlier Twitter) that Android users will now be able to get this information directly through DigiLocker. However, for iOS users, it is still necessary to use UMANG app.

New option for UAN activation

In another update on July 18, EPFO said that now UAN (Universal Account Number) verification can be done through face authentication through UMANG app. This process is easy, secure and completely digital.

UAN is necessary for ELI scheme

UAN activation is mandatory not only for EPFO services but also for availing the Employment Linked Incentive (ELI) scheme. Under this scheme launched by Prime Minister Narendra Modi, the government aims to provide employment and skill training to four crore youth. A budget of ₹ 2 lakh crore has been set for this.

EPFO’s advice to its members

EPFO has appealed to all the members to activate their UAN and link Aadhaar to the bank account so that they can avail the full benefits of all digital services and ELI scheme. In case of not activating UAN, you will not be able to avail many important services of EPFO.

Process to activate UAN (through UMANG app)

Install and open UMANG app on your mobile.
Go to the ‘EPFO’ service section.
Click on ‘UAN Activation’ option
Enter your UAN number, name, date of birth and registered mobile number.
Click on ‘Get OTP’ and proceed by entering the OTP.
Now select the option of ‘Face Authentication’.
The app will turn on the camera, scan your face according to the screen.
After successful verification your UAN will be activated.

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EPFO: Govt has deposited interest money in 32.39 crore accounts of the country, check your account immediately!

Jyoti — Thu, 10 Jul 2025 04:21:41 +0000

The Modi government has transferred interest money to the accounts of about 32.39 crore people. People were waiting for the interest to be transferred for a long time. Now this interest has been added to the EPF accounts of the employees.

In fact, this year the Employees’ Provident Fund Organization (EPFO) has given a big relief to crores of employees of the country. Usually, EPF interest is deposited in August or September every year, but this time the interest has been added to the account in early July itself.

This is being considered as another major operational milestone for EPFO. Once you also open your EPF account passbook and check whether the interest on PF has come or not?

Interest received in 2.39 crore accounts?

According to Union Labour Minister Mansukh Mandaviya, for the financial year 2024-25, interest has been credited in 32.39 crore accounts out of 33.56 crore accounts under 13.88 lakh institutions so far. That is, the work has been completed in 99.9% institutions and 96.51% accounts. This is much better than last year, as at that time only 86% of the accounts had received interest till this date.

What is the EPF interest rate?

In January 2025, EPFO announced that the EPF interest rate for 2023-24 will remain at 8.15%. This rate has remained almost constant for the last 5 years. Around Rs 10 lakh crore is invested in EPFO every year and now its total assets (assets under management) have crossed Rs 17 lakh crore. It has become one of the largest pension schemes in the world.

How was the processing so fast this time?

EPFO took several technical and administrative steps to add interest faster this time. UAN, bank and employer records were better linked, which made the process easier. The work was done faster with automation and more staff. Also, manual processing was reduced with automated tools. All employers were given a deadline to update the records by the end of March, which ensured accuracy and timely information. Daily work was being monitored through a live dashboard.

What are the benefits to EPF account holders?

Faster Passbook Update – Now account holders can check their interest faster than ever before.

Financial planning made easy – Getting quick information about interest is useful for tax planning, investing, or taking out a loan.

Increased trust – People’s trust is increasing due to the fast service of EPFO. This is making people’s money safe and the service transparent.

How to check EPF interest?

1. Through the website

Visit epfindia.gov.in.

Click on View Passbook.

Check the interest information in the passbook.

2. Via mobile app

Download the UMANG app.

Go to EPFO service and view passbook.

3. Through a missed call

Give a missed call to 011-22901406 from your registered mobile.

The balance will be received via SMS.

What to do if interest is not credited to EPF account?

Contact EPFO helpline 1800118005.

Or talk to your company’s HR or payroll department. Sometimes there are delays due to data not being uploaded.

Go to EPFO service and check your passbook.

Via SMS

Give a missed call to 011-22901406 from your registered mobile.

The balance will be received via SMS.

What to do if interest is not credited to your EPF account?

Contact EPFO helpline 1800118005.

Or talk to your company’s HR or payroll department. Sometimes there is a delay due to data not being uploaded.

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EPFO changed the rules, PF claim is now easy, interest will also be higher, know the details

Jyoti — Wed, 11 Jun 2025 11:42:35 +0000

There is good news for millions of employed people. The Employees’ Provident Fund Organization i.e. EPFO has announced some relief to the Employees’ Provident Fund (EPF) members regarding the payment of interest on PF claim settlement.

The new EPFO rule will help EPF members to get more interest amount at the time of EPF claim settlement and faster claim settlement. According to the news of Economic Times, during the meeting of the Central Board of Trustees (CBT), the CBT approved an important amendment in paragraph 60 (2) (B) of the EPF Scheme, 1952.

What is the provision now and what will change

As per the existing provisions, for claims settled by the 24th of the month, interest is paid only till the end of the previous month. Now, interest will be paid to the member till the date of settlement. This will provide financial benefits to the members and reduce complaints. According to the news, till now, if the settlement was not done by the 24th of the month, there was further delay in settlement of the claim. After this decision, now these claims will be processed throughout the month, which will reduce pending cases, timely settlement and optimal utilization of resources. This reflects EPFO’s commitment to efficient, transparent and member-centric service delivery.

What is the new rule on PF claim settlement?

According to the news, after the new provision, interest on EPF balance will be available till the date of settlement of EPF claim. Experts say that under the earlier rule, if a claim was settled by the 24th of the month, interest was paid only till the end of the previous month, due to which members lost interest for the days between the beginning of the current month and the date of settlement. Now after the new amendment, interest will be available till the actual settlement date.

When will the new EPF claim settlement rule be implemented?

Experts say that it is worth noting that the official notification for amendment in paragraph 60(2)(B) has not been issued yet. The new rules for EPF claim settlement will come into effect only after the notification is issued by the government. That is, till then the existing/old rules for EPF interest payment will remain applicable.

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Govt approves 8.25% interest rate on EPF, seven crore shareholders will get benefit

Jyoti — Thu, 05 Jun 2025 09:46:47 +0000

Interest Rate on EPF: The government has approved an interest rate of 8.25% on the Employees’ Provident Fund (EPF) for the financial year 2024-25. This will benefit more than seven crore shareholders. This rate is the same as last year and the Labor Ministry has directed the EPFO to deposit the interest.

The government has approved an interest rate of 8.25 percent on the Employees Provident Fund (EPF) for the financial year 2024-25. This decision will benefit more than seven crore EPFO shareholders across the country, in whose accounts this interest rate will be credited in the coming months.

This interest rate was decided by the Employees’ Provident Fund Organization (EPFO) in the 237th meeting of the Central Board of Trustees held on 28 February 2024. The meeting was chaired by Union Labor and Employment Minister Mansukh Mandaviya. In this meeting, it was decided that the interest rate for the financial year 2024-25 will be retained at 8.25 percent, which is equal to the rate given in the last financial year 2023-24.

Labor Ministry gave information

To finalize the interest rate, it was sent to the Finance Ministry for approval, which has now received formal approval. The Labor Ministry has informed EPFO in this regard on Thursday, after which EPFO will start the process of depositing interest in the accounts of the subscribers.

Compared to previous years, the interest rate on EPF was 8.15 percent in the financial year 2022-23, while in 2021-22 it was reduced to 8.1 percent, which was the lowest level in more than four decades. Earlier in 2020-21, the interest rate was 8.5 percent.

Why was this decision taken?

Regarding stability in interest rates, experts believe that this decision has been taken keeping in mind the economic stability and financial balance of EPFO. This will maintain the trust of employees in the provident fund and will ensure security after retirement. The consistency in EPF interest rate makes it clear that both the government and EPFO are committed to providing balanced and sustainable returns. This decision is a relief news for millions of employees, especially at a time when the demand for assured and safe returns on investment is high.

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EPFO gives relief to govt employees, they can do this work related to UAN till 30 June

Jyoti — Tue, 03 Jun 2025 10:22:04 +0000

The Employees’ Provident Fund Organization (EPFO) has given relief to government employees in its recently issued circular. Actually, many government employees want to take advantage of the Employment Linked Incentive (ELI) scheme, but they have not activated their UAN and have not linked their Aadhaar number to the bank account. In such a situation, the government has extended its deadline.

EPFO has given a big relief to government employees. Actually, EPFO has extended the last date for activating Universal Account Number (UAN) and linking Aadhaar number to bank account for government employees from 30 May to 30 June 2025.

UAN or Universal Account Number is a 12 digit unique number, with the help of which the employee’s contribution to EPFO is tracked and managed. If your UAN is not active, you cannot access your EPFO account. Also, you cannot transfer funds. No matter how many companies you change, your UAN always remains the same.

Activating UAN is necessary to avail online services offered by EPFO, such as online money withdrawal, balance check and contact details update. Additionally, Aadhaar seeding is required to transfer EPF amount directly to the linked bank account.

The Employment Linked Incentive Scheme (ELI) scheme was introduced by the government in the 2024 budget, in which employers are encouraged to create new jobs in the formal sector. Under this scheme, new employees are given financial assistance when they register with EPFO.

To activate UAN, you will have to go to the EPFO member portal, where you will have to go to the Important Links section and click on Activate UAN. In this, you will have to provide some important information like DOB, Aadhar card.

After completing all these processes, you will get an OTP option, on clicking which, OTP will be sent to the registered mobile number. On filling it, your UAN will be activated.

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How to withdraw PF money from ATM, new rule is going to start from June

Jyoti — Sat, 31 May 2025 06:28:12 +0000

EPFO ATM PF Withdrawal: The new month starting from Sunday is bringing a huge facility for crores of employed people of the country. Under this facility, crores of employed people coming under EPFO will be able to withdraw the money deposited in their PF account directly from the ATM.

EPFO, working under the supervision of the Ministry of Labor and Employment of the Government of India, is going to introduce EPFO 3.0 in June, under which employees will get this facility. Here we will know how employees will be able to withdraw money from their PF account through ATM.

How to withdraw PF money from ATM

Under EPFO 3.0, employees will be given a special withdrawal card. These cards will be like ATM cards, which will be linked to your PF account. Through this card, you will be able to withdraw money from your PF account by going to any ATM. But it is very important to keep some things in mind here. Let us tell you that money can be withdrawn from the PF account only under certain circumstances. According to these circumstances, it will be decided how much money you can withdraw from your account. According to the rules of EPFO, under different circumstances, you can withdraw up to 50 to 90 percent of the total amount deposited in your account.

What to do to withdraw money from PF account

To withdraw money from PF account, you first have to go to EPFO website and apply for claim for withdrawal. Let us tell you that now 90 percent of claims in the system are automated and the settlement process is completed in maximum 3 days. After the settlement process is completed, you can withdraw money from ATM. Keep in mind that to withdraw money from PF account, your UAN, mobile number linked to UAN should be active. Along with this, all the details of your bank should be correct in your EPFO account.

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EPFO 3.0 will start in June, know what changes will be there; See Details

Jyoti — Fri, 30 May 2025 12:30:53 +0000

EPFO, the organization that controls EPF (Employee Provident Fund), has given a big gift to all its beneficiaries. EPFO 3.0 is going to start next month i.e. from June. Under this, many changes are going to be made in the rules related to EPFO. The aim of EPFO 3.0 is to make all the benefits and services convenient.

Let’s know what changes are going to happen related to EPFO.

Changes under EPFO 3.0

EPFO is going to launch EPFO 3.0 digital platform this month. Under this, there is a plan to improve the facilities provided by EPFO.
According to this change, all beneficiaries will be able to withdraw money received under PF through ATM.
You will now be able to get all the information about your account from home. Which means you don’t need to go to the offices. Nor will you have to wait in line for the process from getting the form to submitting it.
You will be able to receive PF money not only through ATM but also through UPI (Unified Payment Interface).
This service may also be launched for both GPF (General Provident Fund) and PPF (Public Provident Fund) in the future.
Under EPFO 3.0, all beneficiaries will be able to update their UAN number, name, date of birth, etc. online. You will not need any other documents to update all these details.
Now pensioners will be able to withdraw their pension amount from any bank in the country.
Along with this, the need to upload photos of bank passbooks and checkbooks will also be eliminated now.
If a person changes jobs or transfers PF, then the employer will not be required for this.

After the advent of EPFO 3.0, the services provided under EPFO will become more convenient. Many tasks will start being done in an automated manner instead of manually.

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EPFO 3.0 System: Now you can withdraw PF money from ATM, UPI, EPFO 3.0 facility will be launched in June

Jyoti — Fri, 30 May 2025 05:02:49 +0000

EPFO ATM Withdrawal: This is important news for the employees of the Employees’ Provident Fund Organization (EPFO). EPFO is soon going to launch its new and advanced service EPFO 3.0.

The purpose of launching the new system is to make the access of facilities easier and better to the members. After the launch of EPFO 3.0 system, EPFO users will also be able to withdraw PF funds from ATM and UPI. Apart from this, many facilities like account correction, auto-claim settlement and grievance redressal will be available digitally.

When will the facility be launched

In fact, Union Labor and Employment Minister Mansukh Mandaviya has already said that the EPFO 3.0 platform will be launched between May and June 2025. The purpose of this new system is to provide better and faster services to more than 9 crore EPF account holders. In such a situation, there is every possibility of its launch in the month of June.

Know how much money you can withdraw

At present, it takes about 10 to 15 days for members to withdraw PF funds. However, after the introduction of ATM and UPI facility, this will be a matter of minutes. However, only up to Rs 1 lakh can be withdrawn through ATM and UPI. This will save employees from going through a long process and will also save time. Apart from this, efforts have also been made to speed up the process of claim settlement under the new system. Now many types of claims will be settled automatically, which will reduce dependence on manual process.

EPFO will issue withdrawal card

The Employees Provident Fund Organization will issue EPF withdrawal card to the employees to provide ATM withdrawal facility. Through this card, they will be able to avail facilities like balance check, cash withdrawal just like debit card and credit card.

You will be able to easily correct your account details

At the same time, under the EPFO 3.0 system, members will be able to immediately correct the errors in their accounts through online medium. This includes the employee’s name, date of birth, mobile number, permanent address. There will be a facility of OTP verification for this. Due to which the need to fill the old form will be eliminated. Apart from this, EPFO is also improving its complaint system under the new system. In such a situation, now the complaints can be resolved as soon as possible.

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EPFO 3.0 is coming, these 5 rules related to PF will change

Jyoti — Thu, 29 May 2025 05:15:54 +0000

EPFO 3.0 can be launched in May or June 2025. 9 crore users will get its direct benefit. Let us tell you that your claim will be settled in automation with EPFO 3.0. Also, due to this, you will be able to withdraw your PF amount from ATM.

The Employees Provident Fund Organisation (EPFO) is going to launch its new platform EPFO 3.0 very soon. EPFO 3.0 will have a strong IT platform, which aims to make bank-like services accessible to the members. Union Labor and Employment Minister Mansukh Mandaviya said last month that this new system will be operational between May and June 2025.

The minister has said that EPFO 3.0 will be a reliable platform, which will give many new facilities to more than 9 crore subscribers without any hassle. Such as automation settlement of your claim, correcting mistakes digitally and most importantly, the facility of withdrawing funds directly from the ATM. The biggest advantage will be that now members will be able to withdraw EPF money from ATM like a bank account.

So let us know what new changes are going to happen in EPFO 3.0:

1. PF withdrawal process will be much easier and faster: Now claims will be settled automatically, there will be no need for manual work.

2. ATM Withdrawal: As soon as the claim is approved, you will be able to withdraw your money from an ATM just like a bank account.

3. Digital Correction: You can correct your account details online from the comfort of your home, thus eliminating the hassle of filling forms.

4. Integration of Social Security Schemes: EPFO is now considering to integrate other social security schemes like Atal Pension Yojana and Pradhan Mantri Jeevan Bima Yojana in its system so that workers in unorganised and informal sector can also get better benefits of pension and security.

5. OTP based verification: Instead of long forms, you can now make quick and secure changes using OTP.

ESIC Health Services

The Employees State Insurance Corporation (ESIC) is also upgrading its services. Soon ESIC beneficiaries will be able to avail free treatment in government, private and charitable hospitals under the Ayushman Bharat scheme. Currently, ESIC is providing medical facilities to 18 crore people through 165 hospitals.

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EPF Interest Rate 2024-25: Government approves 8.25% interest on EPF, know when will you get the interest?

Jyoti — Wed, 28 May 2025 10:39:05 +0000

Provident Fund EPF Interest Rate : The central government has approved giving 8.25% interest to EPF account holders for the financial year 2024-25. After this decision, EPFO can now start the process of depositing interest in EPF account.

If your EPF account comes under an Exempted Trust, then the process of giving interest at the same rate will be started there too. Let us know how much interest will you get on EPF? When will this interest be visible in your account? Do you lose interest due to delay in this or not?

How much interest will you get on EPF?

As per Para 60 of the EPF Scheme (Employees Provident Fund) 1952, EPF interest is calculated on the running balance of every month and is credited to the account at the end of the year.

Suppose the total balance in your EPF account on 1 April 2024 is Rs 5 lakh. Your basic salary is Rs 60,000 per month. You deposit 12% of your salary every month i.e. Rs 7,200. Your employer also deposits Rs 7,200. But out of this amount of the employer, 8.67% goes to EPS (Employee Pension Scheme), which is a maximum of Rs 1,250. The remaining balance comes into your EPF account.

In this way, in the whole year, your contribution to EPF will be Rs 86,400 (7,200 × 12) and the employer’s contribution will be Rs 71,400 (excluding Employee Pension Scheme contribution). Interest will be calculated on this entire amount and the existing Rs 5 lakh at the beginning of the year at the rate of 8.25% annual interest.

When will EPF interest be credited to the account?

Usually EPF interest is credited at the end of the financial year, but its credit is delayed in the account. Sometimes interest credit is visible only by September or October. Account holders are advised to check the status of their EPF account through the EPF passbook website or UMANG app or SMS.

What is the loss due to delay in EPF interest?

No, delay in credit of EPF interest does not cause any loss to the account holders. Interest is calculated on the average balance of the entire year and the full interest is received even if it is visible after a few months.

How to check EPF balance?

If you are facing problem in logging into EPFO passbook website, you can try these options.

UMANG App

SMS Service

EPFO Helpline Number

Official website of EPFO

This is good news for EPFO account holders that the government has approved the interest rate of 8.25% for 2024-25. Now the account holders just have to wait a bit, the interest will be added to their account soon.

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EPFO New Rule: Now PF transfer claim will not be rejected due to overlapping service period

Jyoti — Tue, 27 May 2025 06:28:11 +0000

EPFO ‘s important decision will provide relief to lakhs of employees. Now PF transfer claims will not get stuck just because of mismatch of dates. EPFO i.e. Employees Provident Fund Organization has given an important information regarding PF transfer claims.

Now if there is overlapping i.e. matching of dates in the service period between two jobs, then PF transfer claim will not be rejected just for this reason. EPFO has given this information by issuing a circular on 20 May 2025.

EPFO said this

EPFO observed that many regional offices were rejecting PF transfer claims simply because the service dates in the records of the old and new employer were overlapping. But this often happens for some common and legitimate reasons.

In case of delay in recording the last working day of the old employer.

On joining a new employer early.

In case of typing or managerial error in the records.

Due to these minor reasons, the PF transfer of employees was getting delayed. Now EPFO has clearly stated that if there is any such reason behind the overlapping, then the claim should not be rejected.

What is Overlapping Service Period?

When the date of relieving an employee from the previous organization and the date of joining the new organization coincide or intersect each other, it is called overlapping service period. Often this happens due to technical error or wrong entry of dates. The employee is not at fault in this.

What does the new EPFO rule say?

According to EPFO, if there is overlapping in any transfer claim and if needed, the concerned officer can ask for clarification from the employee, but the claim will not be rejected only due to overlapping. This step has been taken to make the PF claim process easier and faster.

What should employees do?

While changing jobs, keep your joining and relieving letters safe.

Keep the information linked to Aadhaar in your PF account updated.

If any clarification is sought from EPFO, submit the documents immediately.

EPFO has made many changes recently.

EPFO is continuously making the PF process easier. Recently, EPFO has made the process of PF claim easier than before. This includes filing claims through digital means. Now there is no need for a cross cancelled cheque or bank passbook. Also, online claims are being settled faster.

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EPFO Interest Rate: Govt fixes interest rate on PF, how much will 7 crore customers benefit? Check this way

Jyoti — Mon, 26 May 2025 04:28:30 +0000

EPFO Interest Rate: There is good news for employed employees. In fact, the government has approved an interest rate of 8.25 percent on Employees’ Provident Fund (EPF) for the financial year 2024-25.

This rate is for the financial year 2024-25. This will benefit 7 crore EPFO members. If you have Rs 2 lakh deposited in your PF account, then you will get an interest of Rs 16,500. Earlier on February 28, the Employees’ Provident Fund Organization (EPFO) had decided to retain the interest rate of 8.25 percent on EPF deposits for the financial year 2024-25.

Last time, the interest on PF was increased to 8.25 percent. Earlier, in 2022-23, PF subscribers were given 8.15 percent interest. This time it has been decided to keep it at 8.25 percent.

What is the interest rate on PF in the last 9 years?

8.25 percent in the financial year 2024-25
8.25 percent in the financial year 2023-24
8.15 percent in the financial year 2022-23 8.10
percent in the financial year 2021-22
8.50 percent in the
financial year 2020-21 8.50 percent in the financial year 2019-20 8.65 percent
in the financial year 2018-19
8.55 percent in the financial year 2017-18
8.65 percent in the financial year 2016-17

How to check PF balance

You can easily check your PF (Provident Fund) balance in any of the following ways-

1. Through the UMANG app

Register and log in to the Umang app.
Select EPFO services.
Select the View Passbook option.
Enter your UAN number and OTP.
Your account balance will be shown.

2. From EPFO website

Visit the EPFO website https://www.epfindia.gov.in .
Click on Services → For Employees → Member Passbook.
Login with UAN and password.
Check your balance in your passbook.

3. Through SMS

you have to send this message from your UAN registered mobile number to 7738299899 – EPFOHO UAN HIN

Let us tell you that HIN stands for Hindi (language code, like ENG – English, TAM – Tamil etc.). In response, you will receive an SMS about your PF balance.

4. Through missed call

you should give a missed call to 9966044425 from the mobile number registered with your UAN. The call will be automatically disconnected and the balance information will be received through SMS.

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Illness, studies, marriage… For what purpose can you withdraw money from PF before retirement?

Jyoti — Fri, 23 May 2025 10:11:18 +0000

Employees’ Provident Fund (EPF) is an important savings scheme for salaried employees. It provides them with financial security after retirement. PF not only provides financial security to employees after retirement but also provides financial assistance in special circumstances.

Both the company and the employee contribute 12% of the basic salary every month to PF. PF can be withdrawn completely at the time of retirement. Not only this, in certain circumstances, partial withdrawal can also be made from the PF fund. The money deposited in PF is tax-free. Today we will tell you when and how partial withdrawal can be made from the PF fund.

All the money deposited in the PF fund can be withdrawn only in two situations. At the time of retirement and on becoming unemployed. If you are unemployed for more than 1 month, you can withdraw 75% of the outstanding amount. After 2 months of unemployment, you can withdraw 100% of the PF balance.

When can we withdraw?

Partial withdrawal can be done only in certain circumstances. To make partial withdrawal from PF, employees will have to fill Form No. 31. To withdraw PF, the employee’s UAN number should be active. Along with this, the mobile number linked by you should also be active. Apart from this, the employee’s Aadhaar card should be added to the EPFO account database. Tell us when partial withdrawal from PF can be done.

PF money up to 6 times the monthly basic salary can be withdrawn for medical treatment of the employee, spouse, children or parents in case of illness
. If the contribution + interest is less than 6 months basic salary, then only the available contribution and interest can be withdrawn.

After seven years of service, 50% of the employee’s PF contribution can be withdrawn for marriage. An employee can withdraw money from PF for the marriage of his child, brother or sister .

Education

After seven years of service, an employee can withdraw 50% of his PF contribution for his education or his child’s education. For this withdrawal, it is necessary that the expenses of education after 10th standard are being met.

Construction of a house or purchase of land

For purchasing land, an employee can withdraw up to 24 times the monthly basic salary plus dearness allowance from his PF account. Also, for construction of a house, one can withdraw up to 36 times the monthly basic salary plus dearness allowance. This withdrawal is limited to the actual cost of the land or house. To withdraw money for these works, it is mandatory to work for at least five years.

Money can also be withdrawn from PF before retirement to repay the house loan for home loan repayment

. Up to 36 times the monthly basic salary and dearness allowance or the amount of the home loan including interest, whichever is less, can be withdrawn. But for this, the employee must have been in service for at least 10 years. Partial withdrawal from PF is also possible for house renovation.

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EPFO: How to apply for partial withdrawal? A step-by-step guide

Jyoti — Thu, 22 May 2025 09:13:00 +0000

EPFO members can now make partial withdrawals from their PF accounts for reasons such as house purchase, illness, marriage, or children’s education. For this, it is necessary to link UAN, Aadhaar, bank account and PAN with the EPFO database. Application can be made online by filling Form 31.

Partial Withdrawal: If you are employed and you have a good balance in the Employees Provident Fund Organization (EPFO), then you can withdraw some part of it if needed. EPFO allows partial withdrawal in cases like buying a house, marriage, illness or children’s education. For this, you have to fulfill some conditions and go through an online process. Let us know how to make partial withdrawal from PF and what things are important to keep in mind for this.

When can I make partial withdrawal?

EPFO members can withdraw money from PF under several circumstances. These include situations like buying a house, illness, marriage, children’s education, factory closure etc. Apart from this, partial withdrawal can also be made for investment in Senior Citizen Pension Insurance Scheme after the age of 54 or one year before retirement after the age of 55.

Conditions required for partial withdrawal

Your UAN (Universal Account Number) should be active and the mobile number linked to it should be active.
Your Aadhaar card should be linked with EPFO database and OTP verification should be possible.
Bank account and IFSC code should be linked with EPFO.
If the tenure of job is less than 5 years then PAN card should also be linked.
Date of joining should be present in the EPFO records.

Process of online application

For partial withdrawal from EPFO, first you have to go to the EPFO website and login with your UAN and password. After this, you have to check your KYC and service details to ensure that all the information is correct and complete. After login, go to the claim option and select Form 31, which is for partial withdrawal. In the last step, verification has to be done with the OTP received on the mobile number linked to UIDAI and then the claim has to be submitted.

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PF Transfer: Did you not transfer your PF after changing jobs? You may face these 5 big problems

Jyoti — Mon, 19 May 2025 11:27:18 +0000

PF Transfer: Whenever most of us leave one job and join another company, we often forget to transfer our PF (Provident Fund) account or postpone it. But this small negligence can become the reason for many problems in the future. Whether it is the problem of interest being stopped or problems in claiming income tax and funds after retirement.

Let us know what problems you may face if you have not transferred PF after changing jobs and what is the right solution for it.

There may be loss on EPF interest

According to EPFO rules, if a PF account remains inactive for three years, that is, no contribution is made to it, then interest on it stops. In such a situation, the money lying in the PF account of the old employer can gradually harm your savings.

Financial advisor Sanjay Chaudhary says, “Not transferring PF on changing jobs can stop the compound interest on your money. This can reduce the retirement corpus. In such a situation, it is better to transfer the PF account immediately after changing jobs.”

Tax hassles and the blow of TDS

If an employee’s old PF account is closed before 5 years and he has not transferred it, then tax can be deducted on it while withdrawing. TDS (Tax Deducted at Source) can be levied on withdrawal of PF for less than 5 years of service and more than ₹ 50,000.

If PF has been transferred, then your service is counted from the date of changing the job. But since the PF accounts are separate, this is considered a service break. This affects the tax exemption.

Duplicate entries and data mismatch in UAN

In the new system of EPFO, every employee is given a Universal Account Number (UAN). But if you do not transfer the new PF and do not provide the information of the old account, then the new company can generate a new UAN. In such a situation, you may have two UANs. This may cause problems in processes like data matching, KYC update and fund claim.

HR technology expert Meenakshi Rathi says, “Duplicate UAN can slow down your retirement process in future. The right way is to use the old UAN in the new job and transfer the PF immediately.”

Delay or rejection in final PF claim

If you do not transfer your PF from your previous jobs, EPFO will not be able to sum up your total service period. This can lead to your claim getting rejected or taking a long time when you try to withdraw funds after retirement or resignation.

For example, a person changed jobs 3 times in 12 years but did not transfer the first two PF accounts. Now at the time of retirement, his entire fund will not be visible in the EPFO records. He may have to go through the process of approval of the old employer, UAN linking and Form 13.

There may be a problem in the Pension Scheme (EPS) as well

A part of the employer’s contribution to EPF also goes to EPS (Employees’ Pension Scheme). To get pension benefits under EPS, the total service must be more than 10 years. If PF is not transferred, your service period will be broken and you may also become ineligible for EPS benefits.

EPS account balance is not visible online, hence it is important to maintain its record and also link EPS through PF transfer.

Easy process of PF transfer

Now the process of PF transfer has become completely online. You can fill Form 13 by logging in from your UAN portal. For this, you should have the details of both the employers and the bank and KYC updated. EPFO usually transfers PF within 10–20 working days. Let us know its step by step process.

Log on to the official site of EPFO .
Select Online Services > One Member – One EPF Account (Transfer Request).
Select old company and submit Form 13.
The transfer will take place after approval from your employer.

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EPFO made these 5 big changes for PF account holders. Key major changes details

Jyoti — Sun, 18 May 2025 09:02:04 +0000

The Employees Provident Fund Organization (EPFO) has made many big changes for its subscribers this year. The changes made by EPFO will provide many facilities to more than 7 crore active members. Not only this, it is also preparing to make many big changes in the coming days. Let us know about the five most important changes of EPFO in 2025.

1. Updating profile has become very easy

EPFO has now made the process of updating the profile very simple. If your Universal Account Number (UAN) is linked to Aadhaar, then now you can update your name, date of birth, gender, nationality, parents’ name, marital status, spouse’s name and date of starting the job online without any documents.

2. PF transfer is now easier

Earlier, transferring PF while changing jobs was a long and sometimes troublesome process. Work could not be done without the approval of the company. But now this process has been made quite easy. Now in most cases, approval of the old or new employer is not required for PF transfer. This makes the PF money transferred to the new account quickly and easily.

3. Joint declaration made easy

EPFO has made the joint declaration process digital. If your UAN is linked to Aadhaar or Aadhaar is already verified then you can submit the joint declaration online.

4. CPPS system introduced

EPFO has started the Centralized Pension Payment System (CPPS). Under this, now pension will be sent directly to any bank account through NPCI platform. Earlier, for pension payment, PPO (Pension Payment Order) had to be transferred from one regional office to another, which caused delay.

5. The process of pension on salary became clear

For those employees who want to take pension on their higher salary, EPFO has now clarified the entire process. Now a uniform method will be adopted for everyone. If an employee’s salary is more than the prescribed limit and he wants pension on it, then he can get this facility by paying additional contribution.

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EPFO: How to withdraw PF money online? A step-by-step guide

Jyoti — Sat, 17 May 2025 11:04:47 +0000

EPFO : Are you also planning to withdraw PF money for building a house, marriage or emergency? You can withdraw PF money online. For this, you have to apply by visiting the EPFO website. EPF i.e.

Employee Provident Fund is a government scheme, in which both the employee and the employer contribute every month. This scheme determines the savings for the employee’s retirement. The EPF scheme is run by the EPFO. The entire money deposited in EPF is received along with interest at the time of retirement. However, if needed, employees can also withdraw this money partially or fully. If you want to withdraw PF online, then follow these easy steps.

What to do to withdraw PF?

Your UAN (Universal Account Number) should be active and linked to Aadhaar, PAN (if you are withdrawing more than Rs 50,000 before 5 years) and bank account.

Your KYC (Know Your Customer) should be verified on the EPFO portal.

Steps to withdraw PF online

Step 1: Visit the EPFO member portal website.

Step 2: Log in with your UAN and password. Enter the captcha and click on Sign In.

Step 3: Go to Manage > KYC and check if your Aadhaar, PAN and bank details are verified or not.

Step 4: Go to the Online Services tab and click on Claim (Form-31, 19, 10C & 10D).

Step 5: Verify bank details. Your account number will be displayed, enter it again and click on Verify.

Step 6: Select the type of claim

Form 19: To withdraw full PF.

Form 10C: For withdrawing pension.

Form 31: For withdrawing advance (for reasons like medical, marriage, studies etc.).

Step 7: Fill the required information and upload the required documents (like medical bills etc.).

Step 8: Click on Submit. You will get an acknowledgement, save it for future reference.

how long will it take?

After withdrawing PF, the money usually reaches your bank account within 5 to 20 working days.

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7 Major changes from UAN activation to PF transfer- Check out change details here

Jyoti — Tue, 06 May 2025 04:33:15 +0000

EPFO Update: EPFO has made 7 major changes for PF account holders. This has made UAN activation, PF transfer, bank linking and claim process easier and digital than ever before. Let’s know the complete details.

The Employees’ Provident Fund Organization (EPFO) has recently made many important changes in its functioning. Its aim is to make the process faster, simpler and digital for Provident Fund (PF) account holders. These changes are not only technologically advanced, but are also directly benefiting millions of employees. Let us know the 7 major changes of EPFO which were implemented in recent months.

1. Form 13 process for PF transfer simplified

EPFO has simplified the process of Form 13 from January 2025. Now in most cases, employer approval is not required. This will make PF transfer faster. Automatic merger of old and new PF accounts has also become possible. Also, clarity on the taxable and non-taxable part of the PF amount will also make the calculation of TDS accurate.

2. UAN activation through Aadhaar face authentication

EPFO has introduced the facility to generate and activate UAN through UMANG app by implementing Aadhaar based face authentication technology. This is especially beneficial for those 70% members who have not been able to activate UAN till now.

3. Employer approval requirement for bank account linking is abolished

Now PF account holders can link their bank account to UAN directly through NPCI/Bank. Earlier this process required the approval of the employer, which took an average of 16 days. This hurdle has now been removed.

4. No need to upload check leaf or passbook

Now, members need not upload the image of cheque leaf or bank passbook while filing online claim, provided their bank account is verified through NPCI.

5. PF advance will be available for home repair through self-declaration

Under Para 68B(7) of the EPF Scheme 1952, now members can take PF advance for repairs only on the basis of self-declaration after 5 years of construction of the house. However, this facility will be available only if it is not linked to the housing advance taken earlier.

6. Facility of UAN generation in bulk without linking Aadhaar

EPFO has implemented a new system through which employers can generate UAN even for those employees whose Aadhaar is not linked. This facility has been provided especially in those cases where old PF contributions are now being merged into EPFO.

7. One-time payment of dues is now possible through demand draft also

EPFO has allowed one-time payment of old dues through demand draft in cases where payment through electronic challan is not possible. This facility will be given only under special circumstances on the satisfaction of the regional officer.

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PPF Rule: Have you opened another PPF account by mistake? Don’t panic, do this important work immediately

Jyoti — Mon, 05 May 2025 07:20:16 +0000

Public Provident Fund (PPF) is one of the most popular and trusted savings schemes in India. The scheme offers safe returns as well as tax benefits, making it a great option for long-term goals like retirement or children’s future.

Although lakhs of people invest in it, a question that often comes up is whether a person can have more than one PPF account in his name?

What do the government rules say? Know important information and new updates related to PPF account in this news—

Can a person have two PPF accounts?

According to the government rules, any person can open only one PPF account in his name . Even if you try to open the account in different banks or post offices, this rule applies everywhere.

If someone opens another account in his name by mistake, it will be considered invalid. In such a case, the amount deposited in that account will be returned to you, but no interest will be given on it.

Can I open a PPF account in the name of children?

Yes, you can open a PPF account in the name of a minor child. This account is operated by the guardian (parent or legal guardian). However, there is a necessary limit with this facility.

A maximum of ₹1.5 lakh can be deposited in a financial year in both parent and child accounts combined.

For example:

If you have deposited ₹1 lakh in your account, then in the same year you can deposit only ₹50,000 in your child’s PPF account.

You will not get a joint account, if you open two accounts then you will not get any interest
Investors need to be cautious about the new rules regarding Public Provident Fund (PPF). This scheme is completely individual, that is, you cannot open a joint account with anyone in it – neither with your spouse nor with your child.

As per the government guidelines, a PPF account can be opened only in the name of one person.
This rule is so strict that even a joint account between husband-wife or parent-child is not valid.

If a PPF account is opened in the name of a minor child, only the child’s name is registered as the account holder. The guardian only operates the account—but the account will be considered in the name of the child only.

Opened a second PPF account by mistake? Don’t panic, do this important work immediately
If you have accidentally opened two PPF accounts, there is no need to panic-but it is very important to take the right steps at the right time.

According to government rules, only one PPF account is valid in the name of a person. If for some reason you have opened another account—be it in another bank or post office—it will be considered a violation of the rules.

What to do if a mistake has been made?

First of all, go to the bank or post office where the second account is opened and inform them immediately.
If necessary, you can also contact the Finance Ministry.
Usually in such a situation the other account is closed and the money deposited in it is returned to you.
But keep in mind—you won’t earn any interest on the money deposited in the second account.

Why is PPF so popular?

This is a government scheme, which gives guaranteed returns.
Investments can be made from ₹500 to ₹1.5 lakh annually.
The interest rate is currently 7.10% per annum (for FY 2024-25).
The entire amount of investment, interest and maturity is tax free (EEE status).

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PPF Calculator: Invest Rs 5000 monthly and get returns up to Rs 26 lakh, check PPF interest

Jyoti — Mon, 14 Apr 2025 11:10:10 +0000

The benefits of investing in Public Provident Fund (PPF) are told by the banks and post offices themselves. Good interest (PPF Interest), tax free investment, the money received on maturity (PPF Maturity) is completely yours.

The Public Provident Fund (PPF) scheme is the best. Any citizen of India can invest in it. The biggest thing is that the benefits received in it remain everyone’s choice. The benefits of investing in PPF are told by the banks and post offices themselves. Good interest (PPF Interest), tax free investment, the money received on maturity (PPF Maturity) is completely yours. It is an excellent tool from the investment point of view. The maturity period is 15 years. But, you can give extension to the investment even after 15 years. If you give extension, then your return will become rocket and the initial investment of Rs 5000 will become more than 26 lakhs.

PPF: These 3 tricks can make you rich

At the time of maturity, you get 3 options. It is very important to understand these 3 options. First, withdraw your money after maturity. Second, even if you do not withdraw, you will keep getting interest. Third, you can give an extension for 5 years with new investment. Let’s understand how and what to do.

1. Withdraw the entire money on maturity

Withdraw the amount deposited by you and the interest on the maturity of the PPF account. In case of account closure, the entire amount will be transferred to your account. The money and interest received on maturity will be completely tax free. Apart from this, income tax exemption is available on investment up to 1.5 lakh every year. You will not have to pay any tax on whatever money you have deposited during the entire tenure.

2. Increase PPF investment for 5 years

The second option is to increase the investment after maturity. The scheme gives the option of account extension in tenures of 5 years each. However, if you want an extension for the next 5 years, you will have to inform the bank or post office 1 year before the maturity of the PPF account. The good thing is that the rule of pre-mature withdrawal does not apply at the time of extension and you can withdraw money anytime.

3. Extend the scheme without investment even after maturity

The third option in PPF account, even if you do not choose both the above options, the account will continue after maturity. There will be no need for new investment in this. The maturity will automatically increase for 5 years. But, the biggest advantage will be that you will continue to get interest on the deposited amount during this entire period. After this, it can be extended again in the same way after completion of 5 years.

Where can you open a PPF account?

PPF account can be opened in any government or private bank. Apart from this, you can also open an account in any post office branch of your city. There is also an option to open an account for a minor. However, the parents’ holding on behalf of the minor remains for 18 years. According to the rules of the Finance Ministry, a Hindu Undivided Family (HUF) cannot open a PPF account.

PPF Calculator: How will ₹5000 become 26.63 lakh rupees?

Currently, 7.1% interest is being given in the Public Provident Fund. The interest is calculated annually. But, it is decided on a quarterly basis. There has been no change in its interest rates for a long time. Let us assume that if you invest at the same interest rate for 15 or 20 years, then a large corpus will be created at different amounts. You can see the calculation below.

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EPFO simplifies the process of withdrawing money from PF account…

Jyoti — Sun, 06 Apr 2025 07:24:48 +0000

The Employees’ Provident Fund Organization (EPFO) has given a big relief regarding online claim for withdrawal of money from PF. Now to withdraw money from PF, neither the image of cancelled cheque will have to be uploaded nor the bank account details will have to be given. Apart from this, there will be no need to confirm it from the employer or the company.

What was the rule till now?

Till now, when EPFO members applied online for PF withdrawal, they had to upload a photo of the cancelled cheque or a certified copy of their bank account passbook. Apart from this, the employers also had to digitally verify that bank account.

What has changed now?

EPFO has completely done away with both these processes. Now the bank account is already linked and verified with the Universal Account Number (UAN), so no additional documents are required. This will not only reduce the chances of claim rejection but will also reduce complaints due to bad or unclear files uploaded.

Changes possible through pilot project

This exemption was first introduced as a pilot project for some KYC-verified members on May 28, 2024. So far, 1.7 crore members have benefited from it. After successful testing, this facility has now been implemented for all EPF members.

Claim settlement will be faster

EPFO has 7.74 crore active members, out of which 4.83 crore have already linked their bank accounts with UAN. Along with this, bank accounts of about 14.95 lakh members are still pending with their employers. Now since the approval of the employer is not required, these members will get immediate relief and the claim process will be faster.

Changing bank accounts will also be easy.

Members who want to change their previously linked bank accounts will now be able to enter the new account number and IFSC code and verify it with an Aadhaar-based OTP. This will not only make the claim process easier. In fact, long-pending bank accounts will also get approved soon.

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Good News for PPF holders! Big relief from Finance Minister, big decision of the government for account holders

Pravesh Maurya — Sat, 05 Apr 2025 06:53:50 +0000

As per the government notification, the fee of Rs 50 charged for changing or cancelling the nominee under the Small Savings Scheme has now been completely waived.

If you are investing in Public Provident Fund (PPF), then there is good news for you. Union Finance Minister Nirmala Sitharaman announced on Thursday that there will be no charge for adding or changing a nominee in a PPF account. The government has made the necessary changes by issuing a notification on April 2, 2025.

Nirmala Sitharaman posted on social media platform Twitter that it has recently been noticed that some financial institutions are charging fees for adding nominee details. The nominee has a legal right over the funds of the original account holder. Therefore, the government has amended the ‘Government Savings Promotion General Rules 2018’ and abolished this fee system.

According to a government notification, the fee of Rs 50 charged for changing or cancelling a nominee under the Small Savings Scheme has now been completely waived. The Finance Minister said that under the recently passed Banking Reforms Bill 2025, a maximum of 4 nominees can be appointed for deposited money, assets in lockers or other important items.

Recently was informed that a fee was being levied by financial institutions for updating/modifying nominee details in PPF accounts.

Necessary changes are now made in the Government Savings Promotion General Rules 2018 via Gazette Notification 02/4/25 to remove any charges on… pic.twitter.com/Hi33SbLN4E

— Nirmala Sitharaman (@nsitharaman) April 3, 2025

How to update nominee details in PPF account?

You can update the nominee details in your PPF account by filling Form-10. This process can be done both online and offline. Some banks like SBI, HDFC and ICICI offer this facility through internet banking.

Procedure for updating nominee online:

Login to your bank’s internet banking portal.
Go to the PPF account section.
Click on the option “Nominee Update” or “Modify Nomination”.
Fill in the information of the new nominee (name, relationship, date of birth, etc.).
Authenticate the process through OTP or login credentials.
Submit your request and save the acknowledgement.

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EPFO Claim Disbursal: Money deposited in PF account will be visible on UPI app, claim disbursement will also be quick

Jyoti — Wed, 26 Mar 2025 05:58:38 +0000

Now the money deposited in the PF account will be visible on the UPI app itself. Not only this, on claiming, the money will come to your account immediately from UPI. The Employees Provident Fund Organization (EPFO) is taking steps in this direction.

Labor and Employment Ministry Secretary Sumita Dawra said on Monday that UPI is being integrated in the processing of claims. Once the UPI integration process is completed, the money will come to the claimant’s account with one click. Talking about this, Dawra said that currently EPFO has around 7.5 crore active members who are maintaining their PF accounts and also putting money in the pension fund. The Labor Secretary emphasized that EPFO has established a centralized database for the first time. He said, ‘Our next step is to connect UPI to the system. We have received suggestions from the National Payments Corporation of India (NPCI) and we have sent the proposal of UPI integration to EPFO for consideration.’

EPFO has taken several steps

Dawra said that EPFO is moving fast from digitization to automation for the convenience of members and many major works have been completed. He said, ‘We have done a lot of work in this regard. Claims up to Rs 1 lakh have been automated. At the same time, customers have also been given the facility to correct mistakes themselves. Also, unnecessary processes have also been removed. Apart from these, we have integrated the database due to which the claim processing time has come down to just three days.’

Our next step is to integrate UPI into the system. We have received suggestions
 from the National Payments Corporation of India (NPCI) and have sent the
 proposal for UPI integration to EPFO for its consideration. -Sumita Dawra, 
Secretary, Ministry of Employment and Labour

Claim disbursal from UPI expected to start by June

Regarding UPI integration, he expressed hope that UPI payments will start by June. Dwara said that after necessary testing, by the end of May, EPFO will be able to use UPI for disbursement of claims. This will benefit all members as they will be able to see EPFO accounts on the UPI interface itself and will be able to make auto claims from there. If the members meet the criteria, their claim approval process will also be completed quickly. This will ensure immediate transfer of money to their accounts. Dwara said that it will take two to three weeks for the centralized database to be up and running. After that, the work of UPI integration will begin.

The Ministry of Labor and Employment is also engaged in making arrangements to ensure that pension money is easily available. Dawra said, ‘There are currently 78 lakh pensioners in EPFO. Earlier, pension money was given only through a few banks. Last year, we sought advice from the Reserve Bank (RBI) and now we have implemented the centralized pension system. Now people are withdrawing pension from any bank.’

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EPFO has changed the rules, those working part-time will also get benefits

Jyoti — Sun, 09 Mar 2025 03:32:29 +0000

EPFO New Rules: The Employees’ Provident Fund Organisation (EPFO) has announced several important changes in the Employee Deposit Linked Insurance Scheme (EDLI). One major change is the implementation of minimum life insurance benefits for EPF members.

Under this, even those employees who had recently joined the job and died within one year of service will get insurance benefits. This is aimed at strengthening financial protection for the families of deceased EPF members. These changes, announced in a meeting on February 28, 2025, are expected to benefit thousands of families every year by increasing insurance payouts and expanding coverage.

These decisions were taken in the meeting of the Central Board of Trustees (CBT). This meeting was chaired by Union Labour Minister Mansukh Mandaviya. Along with this, an annual interest rate of 8.25% has also been recommended for EPF account holders. These changes will directly benefit lakhs of employees and their families.

Now those working for a short period of time will also get benefits.

Earlier, if an employee died before completing one year of service, his family did not get any insurance benefit. However, now this rule has been changed. Now if an employee dies before one year, his family will get an insurance of Rs 50,000. This decision will benefit more than 5,000 families every year.

Let us tell you that the Employees’ Provident Fund (EPF) includes Employee Deposit Linked Insurance (EDLI), which acts as an important social security benefit. This program provides financial assistance to the dependents of EPF members in the event of their unfortunate death during their employment.

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EPFO Rule Change: No documents required to change name, date of birth in EPF account

Jyoti — Thu, 06 Mar 2025 11:28:28 +0000

The Employees Provident Fund Organization (EPFO) has changed the rules for updating the profile of members. According to the new rule, now EPF members can update the personal details linked to their Aadhaar-linked Universal Account Number (UAN) without uploading any document.

EPF members can now update their personal details such as name, date of birth, gender, nationality, parents’ name, marital status, spouse’s name, date of joining and date of leaving the job without any documents, provided their UAN is verified with Aadhaar.

Delays up to 28 days will end

Earlier, members had to seek approval from their employer to update their profile, which resulted in a delay of up to 28 days.

According to a statement from the EPFO, “About 45% of the total 8 lakh correction requests received by the EPFO through employers in the financial year 2024-25 can now be approved by the members themselves, without the approval of the employer or the EPFO.”

However, if the UAN was issued before October 1, 2017, any update in the profile will require employer’s approval.

It is mandatory for members to link their Aadhaar and PAN to make any updates or withdrawals in their EPF account. If there is any mismatch between EPF details and Aadhaar, the approval may get delayed. Resolving such mismatches may take a few weeks depending on the approval of the employer and the EPFO.

What is UAN?

UAN is a 12-digit number that helps in managing the Provident Fund account. It is mandatory to activate UAN and link the bank account with Aadhaar to avail the Employment Linked Incentive (ELI) scheme run by the EPFO.

EPFO had posted on its X (formerly Twitter) account, “Linking of Aadhaar with bank account is mandatory to avail ELI scheme. This scheme is focused on increasing employment in the country. Do it on time to avoid last minute hassle!”

How to update EPF profile?

Step 1: Visit the official website of EPFO (http://www.epfindia.gov.in).

Step 2: Log in by entering UAN number, password and captcha.

Step 3: Select the ‘Manage’ option at the top of the menu.

Step 4: Click on ‘Modify Basic Details’ option.

Step 5: Enter personal details as per your Aadhaar card and submit.

Step 6: Track the profile updation process using the ‘Track Request’ option.

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EPF Interest Rate: Big news…! Government may announce a cut in PF interest rates, Know the reason here

Jyoti — Thu, 27 Feb 2025 10:00:59 +0000

The government may announce a cut in the interest rate on money deposited in EPFO, which will affect the retirement savings of 30 crore members. EPFO is facing pressure from increasing claim settlement and falling bond yields, which may lead to a reduction in interest rates.

The government can give a big shock to crores of members of EPFO (Employee Provident Fund Organisation). The government can make a big announcement on Friday regarding the interest rate on EPFO. It is believed that the Central Board of Trustees of EPFO can cut the interest on the money deposited in PF (Provident Fund). This can happen because the stock markets and bond yields have fallen, as well as EPFO is facing more claim settlement.

Considering these reasons, the Central Board of Trustees of EPFO may consider reducing the interest rate for the financial year 2024-25, which will affect the retirement savings of about 300 million (30 crore) EPFO members.

The decision on interest rate will be taken tomorrow (28 February)

The board of EPFO will meet on 28 February 2025 to decide on the interest rate on EPF (Employee Provident Fund). In this meeting, a big decision can be taken on the interest rate on the money deposited in EPF this year, which will directly affect the savings of crores of EPFO members. Last year, the government increased the interest rate on EPF from 8.15 percent to 8.25 percent, but now it is believed that this time the interest rate may be reduced.

Why might interest rates be reduced?

According to a Business Standard report, the EPFO’s investment committee held a meeting last week to discuss the status of EPFO’s income and expenditure. Its purpose was to recommend the interest rate. According to the report, this time the interest rate may be lower than last year. The main reason for this is that bond yields have fallen in recent months. If the government announces a higher interest rate, the EPFO will not have much money left for the retirement fund, as the retirement fund will not have excessive surplus.

Increasing demand for claim settlement

Apart from this, the demand for claim settlement has also increased significantly. The number of claim settlements done by EPFO is increasing, leaving less pool (resources) for the interest to be received on the money deposited for EPF this year. As of January 2024, EPFO has processed more than 5.08 million (50 lakh) claims worth ₹ 2.05 trillion (Rs 2.05 lakh crore). At the same time, more than 44.5 million (45 lakh) claims worth ₹ 1.82 trillion (Rs 1.82 lakh crore) were settled in 2023-24. Due to this increasing demand for claim settlement, EPFO is facing a lot of pressure, which may affect the interest rate.

New PF withdrawal Rule: You will be able to withdraw your PF amount through ATM card, Check Details

Jyoti — Tue, 25 Feb 2025 12:28:56 +0000

New Delhi: A big news is coming out regarding PF. A new rule related to PF is going to come. Let us know what is that new rule and what changes are going to happen.

The Employees Provident Fund Organization (EPFO) takes full care of the facilities of PF customers. A special service related to this can be started, which will benefit crores of PF customers of the country. Now PF customers will be able to claim PF through Unified Payments Interface (UPI).

The new system of EPFO will allow fund transfer to the linked UPI ID of PF customers. According to reports, EPFO has already prepared a blueprint for UPI integration and is expected to implement this facility within the next 2 to 3 months.

According to reports, EPFO is in discussion with the National Payments Corporation of India (NPCI) to integrate PF withdrawal with the UPI platform. With this, PF customers can get their PF amount instantly from digital payment apps like PhonePe, GooglePay, Paytm and Bhim App.

You will be able to withdraw your PF through ATM card

Apart from UPI transactions, EPFO is also working on enabling PF withdrawal from ATMs.

Who gave the information

In an interview with news agency ANI, Labor Secretary Sumita Dawra has revealed information related to this. Sumita Dawra said that EPFO subscribers will be able to withdraw their PF through ATM by 2025. Along with this, she said that the Ministry of Labor is in the process of upgrading the entire IT services. This will help employees across India registered with EPFO.

According to a report, this system will be implemented across India in May or June next year. It is being said that the central government can remove the limit of 12% on employee contribution to PF. Employees can be given the option to contribute according to their savings and employees will be allowed to deposit an amount above the limit at any time.

PF Withdrawal through UPI: PF money can be withdrawn through UPI, when will the facility start?

Jyoti — Mon, 24 Feb 2025 10:29:20 +0000

Hyderabad: There is a great news for PF account holders. Now they will not have to face much trouble to withdraw money from PF account. Rather, now they can withdraw PF money through UPI.

The government is working on making such a system. This facility can be started in the next two to three months.

According to sources, EPFO is taking this step for the convenience of its subscribers. With the integration of EPF with UPI, subscribers can withdraw money from their PF account through a digital wallet. The Labor Ministry is making changes in the digital systems of EPFO in collaboration with commercial banks and RBI. Its purpose is to simplify the withdrawal process and improve user experience. Experts say that this facility will be very convenient for members living in remote areas.

What is in the new system?

It is said that EPFO is taking such a step for its account holders. At the same time, the government is working on such a system in which EPFO account holders will be able to process their claims through UPI. As a result, the process of transferring funds will become easier as well as faster. According to the report of Financial Express, EPFO has prepared a blueprint for this and discussions are going on with the National Payment Corporation of India (NPCI).

How will subscribers get benefits?

After the facility of withdrawing PF money through UPI is introduced, account holders will not have to face a long process to withdraw money from their PF account.
This facility can prove to be very useful especially for account holders living in remote areas.
Withdrawing money from PF account through digital wallet will become simple and safe.

Transformation into the digital system of EPFO

Transformation into the digital system of EPFO is being done in collaboration with the Ministry of Labor, commercial banks and RBI. Its purpose is to simplify the withdrawal process as well as improve user experience.

Changes in investment methods

EPFO is also preparing to change the method of investment. According to reports, investment in debt instruments can be reduced from 20 percent to 10 percent. For this, the Labor Ministry will take approval from the Finance Ministry. The main reason for this is the low returns and supply of public sector bonds.

After this change, EPFO will be able to invest more in corporate bonds, which give higher returns.
This proposal was approved in the meeting of the Central Board of Trustees of EPFO in November 2024.
This change will affect the retirement savings of more than 7 crore EPFO account holders.

PF claim New System: EPFO to roll out UPI based PF claim withdrawals within three Months – Key Details Inside

Jyoti — Fri, 21 Feb 2025 11:29:04 +0000

The Employees’ Provident Fund Organization (EPFO) is working on a new withdrawal option. Soon employees will be able to withdraw the money deposited in their PF account through UPI. The report says that the system of withdrawal from EPF account through UPI will be rolled out in just 3 months.

However, the report also claims that EPFO has already prepared a plan and is in discussion with National Payments Corporation of India (NPCI) to launch this facility on UPI platform in the next 2-3 months. EPFO’s association with UPI will not only improve operations but will also solve the problem of fund transfer for more than 7 crore members of EPFO.

What will be the benefit after connecting to UPI?

In other words, by linking EPF to UPI, the government’s target is to simplify financial transactions, so that there is no problem in the claim process. Financial Express report says that once registered, customers can easily receive the claim amount through digital wallet. This will reduce the processing time and provide a better experience to the users.

The Ministry of Labor is upgrading the digital system of EPFO in collaboration with the Reserve Bank of India (RBI) and commercial banks. This step will simplify the withdrawal process, reduce delays, reduce paperwork and increase transparency.

So many claims settled so far

It is worth noting that in the last six-seven months, EPFO has implemented several reforms to improve pension service, upgrade its information technology (IT) system and provident fund (PF) claims. In FY 2025, EPFO settled claims of more than 50 million subscribers, the highest settlement ever, and released funds of more than Rs 2.05 lakh crore.

Working on withdrawal from ATMs too

In FY 2024, EPFO settled 44.5 million claims, amounting to Rs 1.82 lakh crore. Apart from this, auto claim settlement within three days increased to 18.7 million in FY 2025, from 8.95 million in FY 2024. Let us tell you that some time ago it was also reported that EPFO is working on PF amount withdrawal from ATM. This can be rolled out from the new financial year.

PF Fixed Rate: Good news! PF account holders will get fixed interest on PF account, check Details

Jyoti — Tue, 18 Feb 2025 04:45:49 +0000

EPFO News: If you are also a salaried class then this news is useful for you. The Employees’ Provident Fund Organization (EPFO) is planning to create a new reserve fund to give fixed interest rates to its crores of members.

With this step, PF account holders will be able to get fixed interest every year and they will get relief from market fluctuations. To prepare this fund, officials of the Ministry of Labor and Employment and EPFO are studying internally.

A fixed portion is invested in the market

Actually, a fixed part of the PF fund is invested in the market by EPFO. Many times EPFO gets less returns on Exchange Traded Fund (ETF) and other investments. EPFO members also have to bear the brunt of this. When there is a decline in the stock market, it also affects the amount received on EPFO’s investment. Due to low returns, EPFO also has to reduce the interest rate of PF.

To avoid such problems, EPFO is considering creating a reserve fund that will keep the return on investment stable. This will enable PF account holders to get fixed interest every year, no matter what the market conditions are.

How will this fund work?

According to the news published in Hindustan website, EPFO will keep aside a part of the interest earned every year under this scheme and deposit it in the reserve fund. Whenever there is a fall in the market and the return from investment is low, then the interest rate will be kept stable by using this fund. More than seven crore members of EPFO will benefit from this.

When will the decision be taken?

Right now the scheme is in the initial stage. Officials of the Ministry of Labor and Employment and EPFO are studying it. A final decision can be taken on this in the next four to six months. Let us tell you that when EPFO was started in 1952-53, at that time only 3% interest was available on PF. By 1989-90 it increased to 12%, which remained till the year 2000-01. After this, there were changes in it from time to time. Currently, the interest of EPFO in 2023-24 is 8.25%.

Important meeting will be held on 28 February

The Central Board of Trustees (CBT) of EPFO will meet on 28 February to decide the PF interest rate for the financial year 2024-25. There may be a discussion on keeping the interest rate stable or increasing it marginally. However, the possibility of reduction in interest rates is being said to be very low.

EPF Rate Hike: Govt may hike interest rate on Provident Fund For 7 crore Subscribers in CBT meeting

Jyoti — Thu, 13 Feb 2025 10:29:25 +0000

EPF Rate Hike: Before Holi , about 7 crore EPF account holders can get a big gift. The meeting of the Central Board of Trustees of the Employee Provident Fund Organization (EPFO) is expected to be held on 28 February 2025, in which a decision can be taken to give 8.25 percent interest on EPF in the financial year 2024-25. Earlier in the financial year 2023-24 also, 8.25 percent interest was given on Provident Fund to the employees.

The Investment Finance and Audit Committee of the Employee Provident Fund Organization is going to meet next week in which the income and expenditure of EPFO for the current financial year 2024-25 will be considered. In this meeting, it will be decided how much interest should be given on the Employee Provident Fund and then the final seal on the interest rate will be put in the meeting of the Central Board of Trustees to be chaired by Labor and Employment Minister Mansukh Mandaviya. After the interest rate is decided in the meeting of the Central Board of Trustees, it will be sent to the Finance Ministry for approval.

For the financial year 2023-24, EPF account holders got interest at the rate of 8.25 percent, 8.15 percent in 2022-23 and 8.10 percent in 2021-22. It is believed that in the current financial year, EPFO has got a great return on its investment. At the same time, EPFO has created history in the matter of Provident Fund claim settlement. In the financial year 2024-25, the Employee Provident Fund Organization has settled more than 5 crore claims, which is a record. In the financial year 2024-25, EPFO has settled 5.08 crore claims worth Rs 2,05,932.49 crore, which is much more than the 4.45 crore settlement of Rs 1,82,838.28 crore in the financial year 2023-24.

At present, EPFO has more than 7 crore subscribers. For those employed in the organized sector, especially the private sector, the money deposited with EPFO is considered the biggest social security scheme. Every month a fixed portion is deducted from the salary of private sector employees in the name of PF. The employer contributes to PF. Employees can withdraw PF money in case of job loss, building or buying a house, marriage, children’s education or retirement.

PF Account: Do this work related to EPFO by 15th February, otherwise you will suffer loss later

Jyoti — Mon, 10 Feb 2025 04:50:59 +0000

EPFO: EPFO has given relief to the employed and the companies. Employee Provident Fund Organization has extended the deadline for linking Universal Account Number (UAN) and bank account with Aadhaar.

Employees and companies can link UAN and bank account with Aadhaar till 15 February. Employees will now have to link their UAN and bank account with Aadhaar by 15 February at any cost. This deadline has been extended several times. Earlier its last date was 15 January.

Get this work done before 15 February

EPFO has appealed to all eligible members to complete this process by the new deadline i.e. 15 February. So that there is no hindrance in availing the benefits of the scheme. Linking Aadhaar and bank account is necessary to avail the benefits under this scheme. That is, employees, employers and companies have only 5 days. After the employee’s UAN is activated, he can easily avail the online services of EPFO. This includes managing the PF account, viewing and downloading the passbook, applying online for withdrawal, advance or transfer.

It is important for EPFO members to keep their UAN number active till February 15, otherwise PF related work may get stuck. This is a 12 digit number, which remains the same even if you change jobs. PF account can be transferred through this number, employees can complete EPFO related work online. Through this, employees can use facilities like PF transfer, balance check, statement download and application for advance online.

How to activate EPFO

Go to the EPFO website and select the “Active UAN” option. Then enter your UAN, mobile number and date of birth. Fill the captcha and click on Get Authorization PIN. Enter the OTP received on the mobile and verify it. After this your UAN will be activated and you will get a user ID and password.

PF Claim Settlements: EPFO Achieves Historic Milestone of Settling Over 5 Crore Claims in FY 2024-25

Jyoti — Fri, 07 Feb 2025 11:28:32 +0000

EPFO Claim Settlements: EPFO (Employees Provident Fund Organisation) has created history in the matter of Provident Fund claim settlement. In the financial year 2024-25, the Employees Provident Fund Organization has settled more than 5 crore claims which is a record. Labor and Employment Minister Mansukh Mandaviya has given this information.

Union Minister Mansukh Mandaviya said that the Employee Provident Fund Organization (EPFO) has achieved a historic milestone by settling more than 5 crore claims for the first time. In the financial year 2024-25, EPFO has settled 5.08 crore claims worth Rs 2,05,932.49 crore, which is much more than the 4.45 crore settlements of Rs 1,82,838.28 crore in the financial year 2023-24.

The Labor Minister said, this achievement by EPFO has been possible due to the transformational reforms taken in the claim settlement process and resolving grievances. Mansukh Mandaviya said, we have taken steps like increasing the limit and category of auto settlement claim, simplification of changes in member profile, streamlining the process of Provident Fund transfer and improving KYC compliance ratio. Due to these reforms, the efficiency of EPFO has improved significantly.

Highest Ever EPFO Claim Settlement in History! 🇮🇳

📌 5 crore+ claims settled in FY 2024-25.

💰 ₹2.05 lakh crore disbursed.

⚡ Auto-claim settlements doubled to 1.87 crore.

🔄 Seamless processes & reduced grievances.

Under the leadership of PM Shri @narendramodi Ji, EPFO… pic.twitter.com/Hq4jNbwYQV

— Dr Mansukh Mandaviya (@mansukhmandviya) February 6, 2025

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PF Account Holders THESE 5 rules may change from This year – Key Details

Jyoti — Wed, 29 Jan 2025 08:29:57 +0000

The Employees Provident Fund Organization may make 5 new changes in the year 2025 for the convenience of the employees, which will help the subscribers a lot. Let us tell you which 5 rules can be changed by EPFO to help the PF holders, which will benefit the employees.

Facility to withdraw PF funds from ATM

EPFO is planning to give employees the option of withdrawing funds 24 hours a day and 7 days a week. The organization can provide the facility of withdrawing funds through ATM to PF holders from this year itself. With the implementation of this new rule, PF subscribers will be able to withdraw money from ATM, which currently takes 7 to 10 days.

Change in employee contribution limit

This year, the organization can also change the limit of contribution to the fund by the employees. Under EPFO, currently, the employee himself contributes 12% of the fund and the company contributes the same amount. The government can increase this limit.

IT systems upgrade

EPFO is upgrading its IT system this year, so that PF holders can easily deposit funds. It is being said that the organization will complete the IT upgrade by June 2025. Along with this, claims can be settled easily due to the system upgrade.

Option to invest in equity

The Employees Provident Fund Organization can give the option of investing in equity to PF holders. With this, PF holders will be able to manage their funds themselves and also get higher returns from there.

Ease of pension withdrawal

Under EPFO, PF fund is known as a retirement fund, from which PF holders get pension after retirement. EPFO is making important changes to make it easier for employees to withdraw pension funds. Now pensioners will be able to withdraw money without any additional banking verification.

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PF Withdrawal ATM Rule: You will be able to withdraw PF money from ATM from this month of 2025

Jyoti — Mon, 27 Jan 2025 07:05:01 +0000

EPFO 3.0 : The Employees’ Provident Fund Organization (EPFO) has given a great news for its crores of customers. According to the government, the new system of PF will be implemented by June 2025.

Under the new system, there will be a facility to withdraw PF money from a new app and ATM. Union Labor Minister Mansukh Mandaviya has announced that EPFO’s new software system EPFO 3.0 will be launched this year. This new system will give a convenient and user-friendly experience to the employees.

EPFO ATM Card Service

Under EPFO 3.0, all members will be given ATM cards. Through this card, employees will be able to easily withdraw and manage the amount of their Provident Fund (PF) account. This service will especially help in times of financial emergency. According to Union Minister Mandaviya, the initial improvements in the website and system will be completed by this month. After this, EPFO 3.0 will be implemented in a phased manner.

Service of withdrawing PF from ATM will be available

EPFO members will be able to withdraw money from their PF account directly through ATM from 2025. There will be minimal human intervention in this process. That is, money can be withdrawn from PF without any official clearance. This system will allow customers to settle their claims in one click.

when will the new mobile app come

New mobile applications and other digital services will also be launched under EPFO 3.0. Union Minister Mandaviya said that new apps, ATM cards and advanced software will be launched by June 2025. Apart from this, the Ministry of Labor is planning to remove the mandatory contribution limit of 12%. Employees can be given the option to contribute to PF according to their savings. Also, there is a proposal to change this amount in pension with the consent of the employee.

Purpose of EPFO 3.0

The aim of EPFO 3.0 is to make services simple, fast and transparent using digital technology. This initiative will not only improve the customer experience but will also improve the financial management of employees. This new initiative of EPFO will give crores of employees the option of a safe PF management, which is not available right now.

EPFO Simplifies Online Process for Member Profile Updation

Jyoti — Sat, 25 Jan 2025 08:28:42 +0000

To reflect its commitment for improving member services and for ensuring the accuracy of member data, Employees’ Provident Fund Organization (EPFO) has introduced further simplification in the process of updating member profile.

Under the revised procedure, the members whose Universal Account Number (UAN) has already been validated through Aadhaar can update their profile like name, date of birth, gender, nationality, father/mother’s name, marital status, spouse name, date of joining and date of leaving themselves without the requirement of uploading any document. Only, in certain cases where UAN was obtained prior to 1-10-2017, the updation would require certification of employer only.

The consistency and authenticity of personal data of EPF member in the database of EPFO is of paramount importance to ensure that the services are provided seamlessly and to avoid risk of erroneous/ fraudulent payment from the fund. In case of any need for changing or correcting the member details, a functionality was already made available to the members by which they could upload the required documents and file their requests online. Such requests used to be endorsed by the employer online and forwarded to EPFO for final approval.

Out of the total 8 lakhs requests received at EPFO for correction through employers in FY 2024-25, almost 45% of the change requests can be self-approved by the member without employer’s verification or approval at EPFO. On an average this will eliminate a delay of nearly 28 days taken by employer to approve Joint Declarations (JDs). The request for change/correction of EPF Account holders not having a full e-KYC, shall get approved at employer level in approximately another 50% of the cases without requirement for any approval at EPFO.

This revision will immediately benefit around 3.9 Lakh members whose requests are pending at various stages. If any member who can self-approve has already filed his request which is pending with employer, the member can delete the already filed request and self-approve as per simplified process. The majority of the cases could directly be self-approved by the member themselves or in some selected cases by the employer.

At present, around 27% of the grievances filed by the members relate to member profile/KYC issues and with the introduction of the revised JD functionality, it is expected that there shall be drastic reduction in the number of grievances being filed by the members.

This simplification in the online process would facilitate the immediate clearing of the member’s requests duly ensuring data consistency, minimizing the risk of errors and duly ensuing efficient service delivery to the members and promoting ease of living. At the same time by avoiding additional workload at employer’s end for verification of such details, the simplified process will significantly improve ease of doing business.

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PF transfer Rules: Employees can transfer their PF account online without their employer’s approval. Key Details Inside

Jyoti — Thu, 23 Jan 2025 07:29:36 +0000

EPFO: The Employees’ Provident Fund Organization (EPFO) has recently made a major change in the rules for Provident Fund transfer. As per the instructions of January 15, 2025, now members can transfer their PF account online in certain cases, that too without the approval of their old or new employer.

These reforms will make it simpler than ever to claim transfer online, reducing delays and making the process more effective. This initiative has been taken especially to provide relief to employees changing jobs. Now this process can be completed with the help of Aadhaar and other required documents.

Employees can now self-correct errors in their personal details such as name, date of birth, spouse’s name, marital status, nationality, gender and date of employment through the EPFO portal.

What is the eligibility for PF transfer

To take advantage of this new facility, you must fulfill these conditions

1. Link UAN with Aadhaar: Your Universal Account Number (UAN) must be linked and verified with Aadhaar.

2. KYC: Your account details, like Aadhaar, PAN and bank account, must be verified in the EPFO system.

3. EPFO Account: Both your old and new PF accounts should be managed by EPFO.

4. Verified Date of Exit: Your last date of exit from your previous employer records should be updated on the EPFO portal.

Transfer online like this

Step 1: First of all go to the EPFO member portal.

Step 2: Login to your account by entering your UAN and password.

Step 3: Then go to the ‘Online Services’ tab and click on the ‘One Member – One EPF Account (Transfer Request)’ option.

Step 4: After this, verify the details related to the existing PF account along with the personal details.

Step 5: After verifying the PF account details, click on the Last PF Account Detail option.

Step 6: Select either your previous employer or current employer to verify the form.

Step 7: Then click on Get OTP option to receive OTP on the mobile number registered with UAN.

Step 8: After entering the OTP, click on Submit Transfer Request.

Step 9: After submitting the application, you will be able to monitor the status of your transfer request by going to ‘Track Claim Status’.

Step 10: Your company will approve your EPF transfer request through the employer interface of the unified portal.

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EPFO has simplified the rules for those changing jobs, now you will not have to do this…

Jyoti — Mon, 20 Jan 2025 05:54:37 +0000

The Employees’ Provident Fund Organisation (EPFO) has simplified the process of transferring Provident Fund (PF) accounts for employees changing jobs. Now, employees will not need to visit their old and new employers to submit online transfer claims.

A circular issued by EPFO on January 15 had mentioned the circumstances under which a PF account can be transferred directly, without any intervention from the employer. If the member’s Universal Account Number (UAN) has been issued on or after October 1, 2017 and is linked to Aadhaar, then the account transfer will become easier.

Similarly, transfers between accounts with different UANs are also possible, provided both the UANs are linked to Aadhaar and all personal details (such as name, date of birth and gender) are the same.

EPFO clarified that even if UAN is issued before October 1, 2017, the transfer process will be easy provided there is Aadhaar linkage and all the details match. This step has been taken with an aim to make the account transfer process quick and hassle-free for employees changing jobs.

Universal Account Number (UAN) is a unique 12-digit number given to every employee by EPFO, which links all their PF accounts. It is necessary to link it with Aadhaar so that all the account-related processes can be simplified and faster.

To link Aadhaar with UAN, employees can visit the EPFO e-service portal and log in. After selecting the KYC option from the ‘Manage’ menu, Aadhaar details will have to be filled and saved. After this, Aadhaar is verified through UIDAI data. After this process is completed, Aadhaar and PF accounts are linked. This initiative of EPFO will save time and effort of employees and make the process more efficient. This will eliminate the hassle of transferring PF account while changing jobs.

How to link UAN with Aadhaar on EPFO portal, know?

Login to e-sewa portal and use UAN.
Select KYC option from ‘Manage’ menu.
Click on Aadhaar option and fill your information.
Save the details.
Aadhaar verification will be done based on UIDAI data.
After KYC is completed, your Aadhaar will be linked to your PF account.

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The post EPFO has simplified the rules for those changing jobs, now you will not have to do this… first appeared on Rightsofemployees.com.

EPFO Gives Great News to EPF Members! Transferring Provident Fund account has become easy, know the details

Jyoti — Fri, 17 Jan 2025 05:33:08 +0000

EPF Account Transfer on Jobs Change: If UAN is linked to Aadhaar and personal details of all members match exactly, then provident fund can now be transferred even without employer verification.

Provident Fund Transfer On Job Change: There is relief news for the members of the Employee Provident Fund Organization. EPFO has made it very simple to transfer the Provident Fund on changing the job. Now the rule of transferring the Provident Fund to the members through the old or new employer on changing the job has been abolished.

Provident Fund Transfer Rules Made Easy

The Employee Provident Fund Organization has issued a circular on 15 January 2025 in which the process of transfer of Provident Fund account on changing the job has been simplified. In these cases, the rule of claiming online Provident Fund account transfer through the existing or old or new employer has been abolished.

The cases in which relief has been given are as follows –

In such a case, where the Universal Account Number has been allotted on or after 1 October 2017 and it is linked with Aadhaar, relief has been given in such cases if the Provident Fund account has to be transferred between member IDs of the same Universal Account Number.
In such cases, if the transfer has to be done between member IDs linked with different Universal Account Numbers and in such cases, the Universal Account Number has been allotted on or after 1 October 2017 and it is linked with Aadhaar, relief has been given in such cases.
In case of transfer between member IDs linked with the same Universal Account Number, where the Universal Account Number was allotted before 1 October 2017 and it is linked with Aadhaar, and the name, date of birth and gender in the member ID are the same.
In case of transfer between member IDs linked to different Universal Account Numbers where at least one UAN was allotted before October 1, 2017, is linked to the same Aadhaar, and the name, date of birth and gender in the member ID are the same.

Personal details must be correct everywhere

The circular of Employee Provident Fund Organization means that in the above cases, employees can now directly claim for provident fund transfer. That is, if UAN is linked to Aadhaar and the subscribers’ personal details given everywhere match exactly, then now provident fund can be transferred even without the verification of the employer.