EPFO 3.0: To Enable UPI-Based PF Withdrawals by Mid-2025; Instant Withdrawals up to ₹1 Lakh

The Employees’ Provident Fund Organisation (EPFO) is set to revolutionise claim processing by integrating Unified Payments Interface (UPI), a move aimed at improving efficiency and reducing transaction time. 

According to news reports, the Labour and Employment Secretary Sumita Dawra stated that this new feature will allow EPFO members to withdraw their provident fund (PF) seamlessly through UPI and ATMs by the end of May or June 2025.

Faster and More Convenient PF Withdrawals

Currently, EPFO members must wait 2–3 days to access their funds after submitting a withdrawal request. However, with UPI integration, the claim process is expected to be completed within hours or even minutes. 

Members will also be able to check their PF account balance directly on UPI, select their preferred bank account for transfers, and instantly withdraw up to ₹1 lakh through an automated system.

Expanded Withdrawal Options

EPFO 3.0 has also expanded withdrawal options beyond the usual retirement benefits. Members will now be able to withdraw funds for housing, education, and marriage, in addition to existing provisions for medical emergencies and sickness. This flexibility aims to provide greater financial security and ease of access to funds during critical times.

Digital Advancements in EPFO

To support this digital transformation, EPFO has integrated over 120 databases to streamline operations and ensure seamless processing. As a result, claim processing time has already been reduced to just three days, with 95% of claims now being processed automatically. Further improvements are planned to enhance user experience and efficiency.

Conclusion 

This initiative aligns with the government’s push for digital payments and financial inclusion. Just as UPI has simplified digital transactions across India, its integration into PF withdrawals is expected to make accessing funds easier, faster, and more efficient for millions of EPFO members.

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