EPFO 3.0: The Government of India is preparing to launch EPFO 3.0. Through this, EPFO subscribers will be able to withdraw their PF money from ATM through their UAN (Universal Account Number).
EPFO 3.0: A new update has come out regarding EPFO. The Employees’ Provident Fund Organization i.e. EPFO may soon launch EPFO 3.0. This information was given by Union Labor and Employment Minister Mansukh Mandaviya. Under this, EPF members will get many benefits and will be relieved from visiting government offices. Now know what is EPFO 3.0?
Now PF account will work like a bank account
According to the information given by the Union Minister, the 3.0 version of EPFO is going to come in the coming days. This will be a digital system, under which the functioning of EPFO will also be like a bank. With its help, PF money will be able to be withdrawn directly from the ATM without any hassle. EPFO members will be able to do all their work through Universal Account Number (UAN). Mansukh Mandaviya said that now people will neither have to visit EPF offices nor go to the employer to withdraw PF money.
Enhancing Social Security ! 🇮🇳
Inaugurated & laid the foundation stone for 3 key EPFO projects alongwith my cabinet colleague @kishanreddybjp in Hyderabad, Telangana, marking a significant step in modernizing EPFO infrastructure.
Soon, we will introduce EPFO 3.0 reforms that… pic.twitter.com/QSXSWbbmCM
— Dr Mansukh Mandaviya (@mansukhmandviya) March 6, 2025
You can withdraw PF money in a few seconds
Under EPFO 3.0, PF money will now be completely under your control and you can withdraw PF money from ATM whenever you want. Till now, forms had to be filled to withdraw PF. Signature had to be taken from HR. Under EPFO 3.0, you will be able to withdraw money from your PF account whenever you want, just like your bank account. That means now you will be able to withdraw PF money in a few seconds. Through this app, you can check PF status or balance whenever you want, you can settle claims. That means, through EPFO 3.0, you will get rid of paperwork.
EPFO लाभार्थी आज किसी भी बैंक में जाकर अपनी पेंशन निकाल सकते हैं। Claim Transfer के लिए बहुत सारी फ़ॉर्मालिटी करनी पड़ती थी, उससे भी लोगों को मुक्ति दी जा चुकी है… pic.twitter.com/2QVBoeZNdv
— Dr Mansukh Mandaviya (@mansukhmandviya) March 6, 2025
