March 26, 2025 2:53 PM

EPFO to allow instant PF withdrawals via UPI, ATMs by mid-2025

The Employees’ Provident Fund Organisation (EPFO) is likely to introduce a major change that will allow its members to withdraw their provident fund (PF) instantly through UPI and ATMs by the end of May or early June 2025. With this update, employees will no longer have to go through long and time-consuming procedures to access their PF savings. The initiative is being implemented with the support of the Ministry of Labour and Employment and has received approval from the National Payments C...