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PF account holders: Good news! Now you will get an amount of up to ₹ 5 lakh immediately, EPFO ​​changed the rules

EPFO has given a big gift to the employed people. Now you can withdraw PF advance up to ₹5 lakh for important works like illness, marriage, education or house construction through auto-settlement without any official approval. Earlier this limit was only ₹1 lakh. This change will help in getting money quickly at the time of need.

PF account holders: If you also have a PF account, then there is a great good news for you. The Employees Provident Fund Organization (EPFO) has taken such a decision, which has made it easier and faster to withdraw money in times of need. EPFO ​​has increased the auto-settlement limit for advance claim from ₹ 1 lakh to ₹ 5 lakh directly. This is a huge gift, which will enable lakhs of employees to get immediate financial help in an emergency. Let us understand in simple language what this new rule is and what benefits you will get from it.

What is this auto-settlement and what has changed now?

Auto-settlement is a high-tech facility of EPFO, in which your advance claim money is passed directly by the computer system without any official verification or approval. This reduces the time taken in settling the claim to a great extent.

Earlier rule

Till now, you could only withdraw an advance of up to ₹1 lakh under this facility for reasons like illness, marriage, studies.

New rule

Now this limit has been increased 5 times to ₹ 5 lakh. That is, now you will get money for big expenses in a jiffy.

For what purposes can you withdraw this money?

EPFO first started this facility during the Corona epidemic, but now its scope has been increased. You can withdraw up to ₹ 5 lakh in advance through auto-settlement for these reasons.

Treatment of illness

Education of children

Marriage

Building or buying a house

Game of numbers: How fast has EPFO ​​become?

You can guess how successful this new system is from these figures:

161% jump

In the financial year 2024-25, EPFO ​​settled a record 2.34 crore claims through auto-mode, which is 161% more than last year’s 89.52 lakh claims.

70% claims automatic

In the first two and a half months of this year (FY 2025-26), 70% of the total advance claims settled have been settled through auto-settlement. This shows how fast and smart EPFO ​​has become now.

Not only this, EPFO ​​has also made these 6 major reforms recently

This change is part of the big reform campaign that EPFO ​​is running for its members. These are some other major changes made recently.

KYC became easy

Now you will not have to depend on the employer or EPFO ​​to improve the member profile.

UAN activation by face

Now UAN will be activated by just showing face on Umang app (Face Authentication).

No need to upload photo of chequebook

Now there is no need to upload photo of bank cheque or passbook for claim.

Automatic transfer

Now there is no need of approval of old employer for PF transfer on changing job.

Easy to add bank account

Now there is no need of approval of employer to add bank account in UAN.

Centralized pension system

A new system has been started to ensure that pension money is received on time and easily.

Big decision for employees

Increasing the auto-settlement limit to ₹5 lakh by EPFO ​​is a very big and welcome step for crores of employees. This will not only meet the need of money in an emergency quickly, but will also make the entire process more transparent. It is clear from these reforms that EPFO ​​is now working rapidly towards making life easier for its members.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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