EPFO: 5 big things are being done by EPFO soon. EPFO’s 3.0 platform will be launched in 2025, which will provide facilities like PF withdrawal from ATM and UPI, online claim update and mobile access to 8 crore members…
The Employees’ Provident Fund Organization (EPFO) is soon going to introduce a new digital platform for its more than 8 crore members, named EPFO 3.0. This new system is expected to start in 2025 and will provide many new and easy facilities to PF account holders. There will be 5 major changes related to EPFO, which will benefit crores of employees.
Big IT companies like Infosys, Wipro and TCS have been selected to build this platform. Earlier it was planned to launch it in June 2025, but due to some technical issues, it has been delayed a bit.
You can withdraw PF money from ATM
The most special thing about this new system is that now you will be able to withdraw your PF money directly from the ATM. For this, you just have to activate your Universal Account Number i.e. UAN and link Aadhaar to your bank account. With this, if you suddenly need money, then you will be able to withdraw money from your PF account immediately without any long process. This facility will be very useful especially in emergencies.
You will be able to withdraw funds through UPI as well
Apart from this, in EPFO 3.0 you can also pay your dues through UPIWithdraw PF moneyNowadays, the use of UPI is increasing very fast in India, and by connecting with this system, EPFO will provide even faster facility to its members. If you suddenly need money, you will be able to withdraw your PF money without any hassle through UPI app.
This will end the old and long process of claiming.
Claim updating facility
Apart from this, you will not need to go to the EPFO office for minor corrections or updating claims. Online OTP Verification Through this, you will be able to correct your account information like name, date of birth etc. Also, you will be able to check the status of your claim easily. This will save your time and also reduce the delay in the process.
There will be no problem in the claim process
If a member dies, his family will now have less trouble in getting the claim. Especially for minors, guardianship certificate will no longer be required. This will enable the family to get financial help quickly.
Will be able to use the new platform
Along with this, this new platform will work easily on mobile phones. You will be able to see your PF account information, deposit amount and claim status anytime, anywhere. All these facilities will make EPFO more transparent and user-friendly.
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