EPFO 3.0 will be launched soon
A great news can come for employees before Diwali. Now to remove PF i.e. Provident Fund, you will have to wait long, neither the form will have to be filled nor will you have to go round any office. EPFO i.e. Employees Provident Fund Organization is bringing a new system, which is named EPFO 3.0According to media reports, it can be implemented before Diwali. After the arrival of this system, you will be able to withdraw your PF money directly from ATM or UPI, just like you withdraw money from the bank.
Now PF will have to be removed
Till now, if someone had to remove PF, first had to fill the online form, then the claim had to be submitted by applying the document. Sometimes, EPFO had to go to the office and submit the form and had to wait for several days. But now this whole process is going to change. There will be no need to fill any form after the arrival of EPFO 3.0. Neither a document, nor to meet any officer. Just open the UPI app from your mobile or go to the ATM of a nearby bank and withdraw the PF money from there.
How will this new system work?
PF account through EPFO 3.0 will now be directly connected to the UPI and ATM network. This means that just as you withdraw money from your savings account from ATM, now money can be withdrawn from PF account. For this, a mobile number or a safe pin connected to the Aadhaar card will be used. All this has been made in such a way that security should remain and it is easy to withdraw money. Yes, in the beginning, some limit (limit) can be placed on PF withdrawal so that the system remains safe and there is no disturbance.
Full PF information will be available on fingers
EPFO 3.0 is not just an easy way to withdraw money. Along with this, a new digital platform will also start, which will give every information related to your PF account. Now you will be able to see PF balance on your mobile or computer, you will be able to know how much money is being deposited every month from your salary and if you have put a claim then you will also be able to track its status. If there is a mistake in your PF account, such as spelling disturbances in the name, wrong date of birth or problem in bank details, now all this can be corrected from home.
Now the wait is about to end
The EPFO 3.0 was earlier to be launched in June 2025, but due to technical preparations and testing it got a little delayed. Now it is expected that it can be implemented before Diwali. According to a news control news, an important meeting is going to be held on October 10 and 11 under the chairmanship of Union Labor and Employment Minister Mansukh Mandavia. In that, this system can get a green signal. If everything happens on time, then crores of people will get easy access to their PF money before Diwali.
