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EPFO changed the working style, many things changed, how will you benefit?

Navbharat Times | March 20, 2025 6:35 PM CST

The Employees' Provident Fund Organization (EPFO) has settled 2.16 crore cases automatically this financial year. This allows claims under categories such as illness, housing, education and marriage to be cleared within three days. More than 99% of claims are submitted online, which allows people to easily withdraw money from PF.

Highlights

EPFO has automatically settled 60% of claims
Advance withdrawal limit increased to Rs 1 lakh
99% of claims are now being submitted online

New Delhi : The Employees Provident Fund Organization (EPFO) has done a great job. EPFO has settled 60% of advance withdrawal claims automatically. In this way, 2.16 crore cases have been settled in this financial year. Last year 89.52 lakh claims were settled. Labor and Employment Minister Shobha Karandlaje gave this information in the Lok Sabha. She said that the limit of advance payment has also been increased to Rs 1 lakh. This will make EPFO services even more convenient for people.

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EPFO has taken several steps to make its work even easier. Now claims under categories like illness, house, education and marriage are also being settled automatically. According to the Labor Minister, with this auto mode, the claim gets cleared in three days. He said, 'EPFO has settled 2.16 crore claims till March 6, 2025 in this financial year. This is a record. In the last financial year 2023-24, 89.52 lakh claims were settled.' This shows how serious EPFO is about improving its work and meeting the needs of the people.

Process for updating information made easy

EPFO has also simplified the process of correcting member information. Members who are Aadhaar verified can make changes to their Universal Account Number (UAN) on their own. Now EPFO does not need to interfere in this.

Nowadays, about 96% of the corrections are done without visiting the EPF office. More than 99% of the claims are filed online. 7.14 crore claims have been filed online till March 2025. This shows how much attention EPFO is paying to working digitally.

Earlier, for transfer claim, it was necessary to get the Aadhaar verified UAN attested by the employer. Now this rule has also been removed. This has made things very easy for the members.

Whether the claims are true or false... it is known beforehand

Apart from this, EPFO has also provided a facility for those members whose accounts were mistakenly linked to an institution. Now they can separate their account. This facility was started on January 18, 2025. By the end of February, more than 55,000 members have separated their accounts. All this is being done so that the accounts of the members are managed properly and they can control their own information.

EPFO has done another good thing. Now it tells the members in advance whether their claim is correct or not. This can prevent filing of wrong claims. This is called upfront validation.

With all these steps, EPFO has made it very easy for its members to work. Now people can easily withdraw money from their PF and improve their information. EPFO is constantly trying to provide better services to its members.

People are benefiting a lot from these efforts of EPFO. They can now easily withdraw money from PF for their needs. It is the effort of EPFO that it is always ready for its members.