UPI-based provident funds withdrawal to be launched in 90 days
Employees Provident Fund Organisation (EPFO) is set to integrate United Payment Interface (UPI) to enable faster and seamless EPF withdrawals. This move, expected in the next 2-3 months, will simplify claim settlements for 7.4 million subscribers. The initiative aims to enhance efficiency, reduce delays, and improve user accessibility by leveraging digital payment platforms.