11 hours Ago By Shyamu Maurya
Saturday, February 22, 2025 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance New PF System: EPFO subscribers will be able to withdraw Provident Fund..
. Personal Finance New PF System: EPFO subscribers will be able to withdraw Provident Fund money through UPI, check complete details here By Shyamu Maurya February 22, 2025 0 10 Share Facebook Twitter Pinterest WhatsApp Telegram New PF System: EPFO subscribers will be able to withdraw Provident Fund money through UPI, check complete details here EPFO: Now EPFO subscribers will be able to withdraw PF money directly through UPI. This will make the claim process easier and will not take much time.
The government is preparing to launch this new system in the next 3 months PF Money Withdrawal Rules: A good news has come for lakhs of people working in all sectors in the country. EPFO subscribers will no longer have to think much to withdraw money from their PF account. They can withdraw PF money through UPI.
The government is working on creating a system so that the claims of PF subscribers can be processed through UPI platforms. According to the report of Financial Express, this new system can start in the next 3 months. The government aims to improve the transaction and claim process.
You can withdraw money through UPI With the facility of withdrawing money from PF through UPI, fund transfer will be done quickly and easily. For this, EPFO has talked to NPCI. Preparations are being made to make this new feature available on UPI platforms like Google Pay, Phone Pay and Paytm.
This will be especially beneficial for those employees who want to withdraw their PF immediately in an emergency. You can easily transfer money According to the report of Financial Express, after the registration is completed, users will be able to easily transfer money from digital wallet. This will take less time in processing and subscribers will get better facility.
This will also end the hassle of banking details and verification. EPFO subscribers will be able to withdraw money directly from the digital payment app, without waiting for NEFT or RTGS. RBI, Ministry of Labor and banks are preparing to bring this facility soon.
Work is also being done on withdrawal from ATM The government is preparing to launch EPFO 3.0 app by May-June 2025. This will provide banking facilities to EPFO subscribers and the entire system will be centralized.
The claim settlement process will also be easier than before. With this new update, subscribers will get the facility of debit card, through which they will be able to withdraw their PF funds directly from the ATM. Tags PF Money Withdrawal Rules withdrawal rules Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Train Canceled List: Attention passengers! Railways has cancelled these 8 trains till 28 February, see the full list Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry.
He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.
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