The EPF Organization has rolled out a game-changing update
EPFO Simplifies Online PF Withdrawal Process – No Employer Verification Required!
The Employees’ Provident Fund Organization (EPFO) has rolled out a game-changing update for subscribers withdrawing PF online. The process is now faster and more convenient:
✅ No More Cheque or Passbook Uploads Members no longer need to upload a cancelled cheque or passbook when filing online PF claims—provided the bank account is already verified during UAN seeding.
✅ Employer Approval Not Required EPFO has removed the need for employer verification post-bank verification for bank account seeding. This streamlines the process significantly.
📊 Impact So Far: Since the pilot in May 2024, 17 million EPFO members have already benefited from this hassle-free withdrawal process.
🔁 Simplified Bank Account Updates: Members can now update or change their bank account details by simply entering the new account number and IFSC, then verifying via Aadhaar OTP—no employer confirmation needed.
📌 Of the 77.4 million active contributors, 48.3 million have already completed bank account seeding. Around 149,000 pending approval requests are being eliminated under this update.
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