NewsBytes

Old EPFO account? Check if your funds will be auto-credited

EPF members may soon withdraw funds via UPI, with a pilot project set to auto-settle claims for small, inactive accounts.

Have an old EPFO account? Funds from these inoperative accounts may be auto-credited — check if you are eligible

EPF members may soon withdraw funds directly through UPI, with a target rollout by April 2026. Additionally, a pilot project ...
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EXPLAINED: EPFO withdrawal process to access amount of your PF savings - GUIDE

EPFO withdrawal process: The Employees' Provident Fund (EPF) is a retirement scheme to save funds for ensuring economic security once you retire. Yet, unexpected outgoings always come up, and the ...
The Financial Express

EPFO to auto-refund inoperative accounts with low balances: Amount threshold and process explained

The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...

EPFO okays auto-settlement for inoperative accounts with balance up to Rs 1,000: What are they, and the process

The retirement fund body has carried out a KYC analysis of such inoperative accounts, as the pilot phase will see auto-settlement for only KYC and Aadhaar-seeded accounts.

Pending PF: EPFO to refund Rs 30.52 crore from 7 lakh inactive accounts, aiding lakhs of employees

Following a recent review by the Ministry of Labour and Employment, officials indicated that over 7.11 lakh inactive EPFO accounts, each carrying a balance up to Rs 1,000, will be cleared and the ...