The EPFO is preparing to give millions of employees a gift. By introducing digital updates within the EPFO, starting April 2026, people will be able to transfer their EPF funds directly to their bank accounts using UPI.
Add rightsofemployees.com as a Preferred Source
The Employees’ Provident Fund Organization (EPFO) is rolling out a major digital update for the convenience of employees. This will allow EPF members to transfer and withdraw their Provident Fund funds directly to their bank accounts via UPI. There’s no need to file any claims. Your funds will be available to you without any hassle.
According to a PTI report, this update will begin in April 2026. The Labor Ministry is continuously working on this. According to the plan, a portion of the EPF balance will be frozen, while the other portion will be available to members. EPF members will be able to view their EPF balance from their linked bank account and transfer funds instantly by completing the transaction using their UPI PIN.
8 crore employees will benefit
Once your funds are credited to your bank account after this update, you will be able to use them for digital payments or withdraw them from ATMs. According to the EPFO, this update will be completely secure. Work is currently underway to fix minor issues in the EPFO software.
Online settlement launched after COVID-19
Today, if someone wants to withdraw their EPF funds, they have to file a claim, which is time-consuming. After COVID-19, the EPFO introduced the online mode, but claims still take at least three days to process. The claim limit has now been increased from ₹1 lakh to ₹5 lakh.
Maintaining a 25% balance will be mandatory.
Last year, in October 2025, the Central Board of Trustees (CBT) approved major changes to partial withdrawal rules. These provisions have been divided into three categories: Essential Needs (illness, education, marriage), Housing Needs, and Special Circumstances. Members will be able to withdraw up to 100% of their balance. However, maintaining a minimum balance of 25% will be mandatory for retirement security. This will allow EFF members to continue earning 8.25% annual interest.
Add rightsofemployees.com as a Preferred Source
