EPFO 3.0 – Big news for EPFO members. EPFO ​​3.0 may have to wait till the new year 2026. It is reported that a meeting may be held in the second week of October under the chairmanship of Labour and Employment Minister Mansukh Mandaviya in which this issue will be discussed in detail and then a final decision can be taken in November or December.

Let us tell you that after the launch of EPFO ​​3.0 portal, PF money will be able to be withdrawn through UPI and ATM. Apart from this, in the meeting the Central Board of Trustees may also consider increasing the minimum pension. Currently the monthly pension is Rs 1,000, which is likely to be increased to Rs 1,500-2,500.

PF money will be withdrawn from ATM

The Employees’ Provident Fund Organization is preparing to launch EPFO ​​3.0 soon. This will allow employees to withdraw their PF funds directly from ATMs. This will be similar to a bank account. Activating a Universal Account Number (UAN) and linking Aadhaar to the bank account will be necessary. The central government has also shortlisted major companies like Infosys, Wipro, and TCS to handle development and maintenance.

EPFO has discussed the launch of ATM facilities with banks and the RBI. Automated PF withdrawals and integrated ATMs will be provided through this facility. This will simplify PF account corrections, grievance redressal, withdrawals, data updates, and claim settlements. Login using the UAN number and linking the UAN to your Aadhaar and PAN cards will be mandatory.
Although it was to be launched in May-June 2025, it was delayed due to technical testing and other reasons. It is likely that a decision on this may be taken by the end of December and it can be implemented from January 2026.

Under EPFO ​​3.0, account holders will be provided with automated PF withdrawals and an integrated ATM facility. This will also allow PF withdrawals through apps like Google Pay, PhonePe , or Paytm . This will make PF account corrections, grievance redressal, withdrawals, data updates, and claim settlements easier. It will also allow you to track your PF account balance and contributions.

Under this new system, EPFO ​​subscribers will be issued an ATM-like card. This card will be linked to their PF account, allowing them to withdraw PF funds from ATMs. To withdraw funds using UPI, the account must be linked to UPI. In EPFO ​​3.0, members will be able to make instant PF withdrawals through the Unified Payment Interface (UPI). This will give employees direct access to funds in case of an emergency, without any complicated procedures.

Under the EPFO ​​3.0 system, members will also be able to correct errors in their accounts, such as the employee’s name, date of birth, mobile number, and permanent address, online. This will allow for OTP verification, eliminating the need to fill out old forms.