Now you will not have to worry about your hard earned money, withdrawing PF money will now be as easy as water: – ..

News India Live, Digital Desk: Fighting with the system for your own hard-earned money seems no less than a war. But now the news is that understanding the pain of the employees, EPFO ​​is going to give a ‘digital makeover’ to its entire working method. It is named ‘EPFO 3.0’.

After all, what is this EPFO ​​3.0 and what will it change?
Understand it in simple words that this is a new and high-tech version of EPFO. The old system we are using now is sometimes unable to handle the heavy load. But after the arrival of version 3.0, all the work related to PF will be on the path of becoming ‘automatic’.

The biggest advantage of this will be that the time that used to take weeks to settle your claim will now be significantly reduced. The effort is to ensure that the PF money reaches your bank account directly at lightning speed.

What facilities will you get?

1. Claim in Auto Mode: Many types of claims will now be automatically approved by the system without any Babu’s intervention.
2. Relief from server problems: The problems of frequent slowing down or crashing of the website will be eliminated to a great extent.
3. Reduction in mistakes: The new system will check the data more accurately, which will reduce the chances of your form being rejected.
4. Centralized System: This means that no matter which corner of the country you are in, your PF file will be accessible digitally under one roof.

What will be the impact on the life of common man?
Surely, when we deposit a part of our hard-earned money in PF every month, then we have full right on it in times of trouble. This step of EPFO ​​is no less than a gift for crores of private and government employees. Now you will feel safer and easier to work from your own phone instead of visiting the cafe or broker.

Way forward:
At present, the government is working rapidly on this and it is expected that soon this new interface will be implemented in the entire country.

Your opinion?
Have you ever faced problems regarding PF claim? Do you think that everything will be fine just by improving the online portal or is there a need for major improvements in customer service also? Please give your opinion in comments.