Explained: How much will the system change in EPFO 3.0, how will you benefit, understand the whole thing..

Employee Provident Fund Organisation is going to launch its new digital platform named EPFO 3.0. This platform was going to start from June 2025, but its launch has been delayed due to some technical trials. It is completely based on digitalization and has been designed for the convenience of lakhs of PF members.

Let us tell you that as soon as it is implemented, processes like PF withdrawal, claim, and correction will become very easy and fast. Although it has not been fully activated yet, after the launch, it will change the experience of lakhs of employees. Meanwhile, we are going to tell you the answers to some common questions related to EPFO 3.0, which can help you understand this system.

Under EPFO 3.0, the PF amount can be withdrawn instantly through an ATM card or UPI. It will work exactly like a bank. You will not have to wait for a long claim like in the old days.

What will be the process of withdrawing money from an ATM and UPI?

You will get an ATM-like card of EPF, which will be linked to your account. At the same time, it will be possible to withdraw money directly from the mobile through UPI, just like we transfer from a bank app.

What will be the withdrawal limit?

Under this facility, there will be a limit on instant withdrawal. Approximately, you will be able to withdraw up to 50% of the PF balance immediately. This will not completely end the savings.

How will the account details be corrected?

You will be able to correct the account details like name, date of birth, KYC, bank details, etc., online with OTP verification. There will be no need to fill out the form or go to the office for this.

How will the PF Claim be auto-settled?

Auto settlement of about 95% of the claims is possible in EPFO 3.0, which will take only a few minutes to claim and increase transparency.

What else will you be able to see on the platform?

It will be possible to view the PF balance and transfer funds immediately. Just like we do with UPI apps like Google Pay, PhonePe, etc.

Will there be a connection with other government schemes?
Security schemes like Atal Pension Yojana (APY) and Pradhan Mantri Jeevan Bima Yojana (PMJJBY) can also be added to EPFO 3.0, so that all the facilities can be found in one place.

How will the security be?
Every transaction, correction, or claim will be with OTP / PIN verification. In this way, your account will be safe and the chances of fraud will be reduced.

How will the mobile app and digital interface be?
EPFO 3.0 will have a new user-friendly mobile app and website in which you can track PF balance, passbook, claim status, etc. Many services will be made available online in this way.

When will EPFO 3.0 be launched?
EPFO 3.0 was planned to be launched in May-June 2025. It has also got the approval of the Ministry and NPCI but there has been some delay in it due to testing. But soon this platform will be available to common PF members.

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