Money from PF account will be withdrawn through both UPI and ATM, the government will start the facility for everyone from April.

Employees’ Provident Fund Organization (EPFO) is going to bring a big facility for crores of its members. employee soon You will be able to withdraw PF amount directly through ATM card.It is expected that this facility starting from april Might be possible. This will make the process of PF withdrawal easier, faster and technically more secure.

PF withdrawal will be easy

Till now, to withdraw PF one has to go through the process of online claim, approval and bank transfer, which sometimes takes time. Under the new system, employees special card like atm card Will be given, from which they will be able to withdraw money directly when needed.

Withdrawal facility through UPI also

According to the report, in future EPFO ​​members PF withdrawal through UPI also will be able to do. This means that instant transactions will be possible through mobile phones. This will further strengthen digital facilities and members will not have to visit banks or offices.

The system is being strengthened

According to EPFO ​​officials, to make this new facility completely safe and reliable. The system is being upgradedAll possible problems are being resolved at the technical level and employees are also being trained for the new system,

Technical preparations are already underway

It has been told that EPFO ​​has made major changes in its system only a few months ago. currently around 75 percent technical infrastructure ready are done. ATM and UPI based withdrawals will be implemented as soon as the remaining improvement work is completed.

Crores of employees will benefit

This decision will directly benefit crores of private sector employees, laborers and organized sector workers across the country.

• The time taken to withdraw PF will be less

• You can get money immediately in case of emergency

• Digital facility will increase transparency

EPFO’s goal

The objective of EPFO ​​is to provide PF services completely. Digital, easy and member-friendly be made. More new features may be added in the coming time.