Good news for EPFO account holders: Withdraw PF money from ATMs soon!

Big news for EPFO subscribers in India. You will soon be able to withdraw your Provident Fund money directly from ATMs. This facility is expected to be available by 2025.

The Ministry of Labor is modernizing its IT infrastructure to provide better services to working people. This will reduce PF-related hassles for employees.

Labor Secretary Sumita Dawra stated that EPFO members will have access to their provident fund through ATMs starting next year.

Sumita Dawra said, "We are settling claims quickly and simplifying processes to reduce hassle for people."

Sumita stated that claimants, beneficiaries, or insured individuals will soon be able to easily access their claims through ATMs with minimal human intervention.

The Labor Secretary said that systems are evolving, and significant improvements will be visible every two to three months, with a major increase by January 2025.

The Employees' Provident Fund Organization currently serves over 7 crore active contributors.