Retirement fund body EPFO is hopeful of launching an online PF withdrawal facility by March end after the Supreme Court extended voluntary use of Aadhaar card to government schemes, including provident fund.
The Employees’ Provident Fund Organisation with over five crore subscribers has been working on such a facility for online settlement of PF claims within three hours of receiving an application.
Once this is operational, subscribers can apply online for PF withdrawal, which will be transferred directly to their bank accounts.
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Thanks for the update, Alisha. Look forward to see you actively participate in Workplace Insights Forums
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