A big digital facility is about to come for crores of salaried employees of the country. Employees’ Provident Fund Organization (EPFO) is preparing to launch a new mobile app and online feature, through which members will be able to withdraw money from their Provident Fund (PF) directly through UPI.
The main objective of this new digital facility is to make the PF withdrawal process faster, easier and transparent. Till now it used to take several days to withdraw PF, but through the new system this process can be completed in minutes.
How will PF withdrawal work through UPI
EPFO’s new system will allow users to make easy withdrawals through mobile app or portal. The process will be completely digital and secure.
The probable process would be as follows:
- Members will login to EPFO app or portal.
- Choose the reason for withdrawal, such as medical expenses, education, marriage or house construction.
- The system will automatically calculate the eligible withdrawal amount.
- Members will confirm the payment through their UPI ID.
- Entering the UPI PIN will complete the verification.
- After verification the amount will be directly transferred to the bank account.
The facility will be based on the UPI network operated by the National Payments Corporation of India (NPCI), which ensures secure and fast digital payments.
PF withdrawal rules will remain the same as before
EPFO has clarified that there will be no change in the withdrawal rules. Only the payment process is being made faster and digital.
As per current rules:
- Members can withdraw up to 75% of their PF balance under special circumstances.
- The entire amount can be withdrawn only in special cases, such as retirement or long-term unemployment.
Its purpose is only to increase convenience, not to change the rules.
Testing process continues before launch
EPFO is currently testing this new facility. The security, speed and accuracy of the system is being tested on approximately 100 test accounts.
If the test is successful, this facility can be launched for the general public by April 2026.
Existing services will continue
EPFO has informed that existing services, such as UMANG app and EPFO portal, will continue to work as before.
The new UPI feature will be available as an additional option with these services.
Many other facilities will be available in the new app
The new EPFO app will not be limited to withdrawals only. Many useful features will also be available in it:
- Checking PF Balance Instantly
- downloading passbook
- Tracking Claim Status
- View account information
- Getting all PF related services at one place
This will help users avoid office visits or paper processes.
Big step towards digital India
This initiative is an important step towards promoting digital services in India. Integration of PF system with UPI will make services fast, transparent and convenient.
This new facility will enable employees to get their money quickly in case of emergency and reduce financial stress.
This change may also open the way for digital transformation of other government schemes in future.
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