EPFO subscribers can now withdraw their provident fund savings seamlessly via the UPI payment gateway, reducing paperwork and expediting fund transfers directly to bank accounts.
EPFO 3.0 will reduce withdrawal waiting time
May 28, 2026
05:00 pm
What's the storyThe Employees' Provident Fund Organisation (EPFO) is gearing up to make it easier for subscribers to access their provident fund savings.
The retirement body is introducing a new system, dubbed EPFO 3.0, that will let subscribers transfer funds directly to their bank accounts through the Unified Payments Interface (UPI) payment gateway.
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