EPFO 3.0: If you’re employed and have your money deposited in the EPF, this news is a huge relief. The Employees’ Provident Fund Organization (EPFO) has significantly digitalized and smartened its system. With the changes made under EPFO 3.0, withdrawing PF funds has become easier and faster than ever before.
No more long waits for PF claims
Previously, EPF claims could take weeks or months to process. Files would get stuck, employer approvals would be delayed, or funds would be held up due to profile errors. However, this scenario is changing with the reforms implemented in EPFO 3.0. According to government data, in the financial year 2025-26, as of January 23, 2026, the EPFO has processed over 85.3 million claims. This number is higher than the previous year, indicating that the system has become faster and more efficient.
One of the greatest advantages of EPFO 3.0 is for individuals whose e-KYC is completely updated. These employees can now directly file PF transfer claims online, without requiring consent from their previous or current employer. This is particularly beneficial for those who frequently switch jobs or have difficulty reaching their former employer. Now, employees can manage their tasks independently through the portal.
Pensions can be accessed from any bank across the nation
Under EPFO 3.0, a centralized pension payment system has been established. This allows pensioners to receive their pensions from any scheduled bank in the country, eliminating the need to rely on a specific bank or branch. This feature will be especially advantageous for older pensioners.
UAN will now be generated using facial recognition
The government has enhanced the use of technology by implementing a face authentication system. Beginning in August 2025, face authentication will be required for new employees to generate a UAN. Employees can create and activate their UAN through Aadhaar-based facial verification via the UMANG app, removing the dependency on employers and providing better security for their identity.
Accessing passbooks has also become simpler
EPFO 3.0 has introduced the Member Passbook Lite feature, allowing employees to easily view their recent transactions, ensuring that deposits are accurate and addressing any discrepancies. All these updates under EPFO 3.0 aim to make life easier for employees and pensioners. With a digital framework, quicker claim processing, and less paperwork, withdrawing PF funds is no longer as difficult as it used to be. If your KYC is complete and your details are accurate, your entire PF balance can be transferred to your account within a few days.
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