
Profit Tiger
February 20, 2025 at 04:56 AM
*EPF Withdrawals Soon Via UPI – Here’s What You Need to Know*
*EPF Claims on UPI:* The government is working to enable EPF withdrawals through UPI for faster, smoother fund transfers.
*Launch Timeline:* The feature is expected to roll out in the next 2-3 months.
*Record Claims:* Over 50 million EPF claims have been settled in FY25, disbursing more than ₹2.05 lakh crore.
*Enhanced Accessibility:* Once integrated with UPI, subscribers can access their claim amounts easily through digital wallets.
*Improved Services:* This is part of ongoing EPFO reforms to improve efficiency and convenience for its 7.4 million subscribers.
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